Supporting his view, Costco, on March 5, reported second-quarter revenue of $69.60 billion, beating analyst estimates of $69.29 billion, according to Benzinga Pro. The membership-based retailer reported earnings of $4.58 per share, beating estimates of $4.57 per share.Shannon Saccocia, chief investment officer of NB Private Wealth, picked iShares US Consumer Discretionary ETF (NYSE:IYC) .On the earnings front, Oracle, on March 10, reported better-than-expected third-quarter financial results and issued FY20 ...

Artificial intelligence (AI) is likely to change the world as we know it. That's the headline that has had investors enthralled with AI chipmakers like Nvidia (NVDA 0.33%) and AI service companies like SoundHound (SOUN 7.69%). However, in reality, AI is just a fancy computer program. Those programs won't run without a reliable power source.And that is why long-term investors looking to ride the AI wave will probably find more mundane businesses like Brookfield Renewable (BEP +2.19%)(BEPC +2.37%), NextEra En ...

NextEra Energy (NEE) is making headlines after securing a federal deal to enhance natural-gas generation in the United States.Trading near a 52-week high of over $90 a share, NextEra’s stock was already performing well before the energy deal as investors have responded positively to the company’s strong business fundamentals, which have been spurred by rising electricity demand and a dominant position in the U.S. renewable energy market.With expectations that NextEra will benefit from large-scale infrastruc ...

Wall Street Thinks These 5 Stocks Could Be the Next Big Winners - 24/7 Wall St. S&P 5006,556.90 -0.53% Dow Jones46,089.60 -0.40% Micron Technology (MU) reported record revenue of $23.9B (+196% YoY) with pricing power from tight supply, while Broadcom (AVGO) saw AI chip revenue jump 106% YoY to $8.4B with custom AI chips growing 140%, and Chevron (CVX) benefits from crude oil trading above $105 per barrel with production up 12% YoY following the Hess acquisition. Nikkei 22552,550.50 -1.37% Stock Market Live ...

CERAWEEK NextEra secures land in Texas for giant gas plant to power data centers, CEO says | Reuters Skip to main content Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv Item 1 of 2 John Ketchum, the President and CEO of NextEra Energy, speaks during the CERAWeek energy conference 2026 in Houston, Texas, U.S., March 23, 2026. REUTERS/Danielle Villasana [1/2]John Ketchum, the President and CEO of NextEra Energy, speaks during the CERAWeek energy conference 2026 ...

Key TakeawaysGeopolitical risk spiked as Iran launched a new wave of missiles at Israel, prompting Kuwaiti air defenses to activate and sending S&P 500 and Nasdaq futures down 0.1% in early trade.Gilead Sciences (GILD) announced a definitive agreement to acquire Ouro Medicines for $1.675 billion in upfront cash, targeting first-in-class T cell engager programs for autoimmune diseases.Australia’s economy signaled a sharp downturn as the Flash Composite PMI plunged into contraction at 47.0, while weekly consu ...

We really appreciate it. I know you've been here several years. Looking back at AIG, which has become really almost the forefront of this conference, how has your perspective changed.Well, I'll tell you what, There's so many opportunities, you know, around artificial intelligence and huge power demand. It's a big, big driver of power demand for us going forward. And word all the above energy companies.So we're a leader in renewables, leader in battery storage, leader in gas fired generation and nuclear as w ...

Key Takeaways NEE posts a better ROE and stronger EPS growth estimates compared with AEP.NextEra Energy has a broader capital expenditure plan compared with American Electric Power.NextEra Energy's share outperformed American Electric Power's rally in the past six monthsThe Zacks Utility - Electric Power industry offers a strong case for stable, long-term income thanks to its regulated framework. This setup enables companies to recover costs while generating consistent returns, helping to minimize earnings ...

FRISCO, TX, March 23, 2026 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE: CRK) announced today that the Western Haynesville will host the recently announced Texas Natural Gas-Fired Power Generation Hub in Anderson County Texas. The selection was announced on March 20, 2026, by the United States Department of Commerce in connection with Japan's $550 billion investment commitment to the United States as part of the U.S.- Japan trade deal. The selected project is the result o ...

Follow Miniatures of windmill, solar panel and electric pole are seen in front of NextEra Energy logo in this illustration taken January 17, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing Rights, opens new tab Companies Nextera Energy Inc Trump approves up to 10 GW of NextEra gas power projects in Texas | Reuters Skip to main content Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv March 20 (Reuters) - NextEra Energy (NEE.N), opens new tabsa ...