Core Viewpoint - The demand for energy is increasing, and Bloom Energy is currently a more attractive investment compared to Plug Power, which has struggled financially and has not yet turned a profit [1][4]. Company Overview: Plug Power - Plug Power has been a pioneer in the clean hydrogen economy, focusing on fuel cells, electrolyzers, and hydrogen infrastructure aimed at decarbonizing industries like transportation and logistics [1]. - Despite being in operation for over 25 years, Plug Power has never reported an annual profit, with a reported loss of over $2.1 billion on revenue of $676 million in the past 12 months [2][6]. - The company is facing challenges in developing the hydrogen market due to high costs of storage and transport, which have hindered market adoption [5]. - Plug Power has initiated Project Quantum Leap to reduce costs and focus on profitable business lines, aiming for a break-even gross margin by the end of the year and positive EBITDA by the second half of next year [8]. Company Overview: Bloom Energy - Bloom Energy offers solid-oxide fuel cell power systems for on-site electricity generation, which can quickly meet the growing energy demands of data centers and industrial businesses [10]. - The company has secured significant financing arrangements, including a $5 billion deal with Brookfield Asset Management and a power deal with Oracle, showcasing its rapid deployment capabilities [12]. - Analysts project Bloom will generate $1.9 billion in sales this year and $2.46 billion next year, with expected improvements in earnings per share from -$0.14 this year to $0.64 next year [13]. Market Context - U.S. electricity demand is anticipated to grow at a rate of 2.5% annually over the next decade, significantly outpacing the growth rate of the past decade, creating a favorable environment for companies like Bloom Energy [17]. - Bloom Energy's fuel cells are positioned as a crucial solution to meet the increasing demand for on-site power, providing a strong growth opportunity for the company [18].

Investment Strategies of the Ultra-Wealthy - The wealthiest Americans are diversifying their investments beyond traditional stock markets and real estate, focusing on private deals and sectors with high growth potential like AI [1] Private Credit - Wealthy investors are increasingly opting for private credit investments, which allow direct investment in businesses, enhancing return on investment by eliminating intermediaries [2] - These investments typically yield steady returns between 8% and 12% and are less influenced by stock market fluctuations, making them suitable for diversification [2] Private Real Estate Funds and Syndications - Wealthy investors prefer private real estate funds and syndications to manage their real estate investments without the need for active management [3] - These funds pool capital to acquire large properties, providing investors with income and appreciation benefits, along with tax advantages through depreciation [4] - Real estate investments serve as a hedge against inflation, offering monthly or quarterly cash flow [4] Secondaries in Private Equity - The trend among wealthy investors is shifting towards secondary private equity deals, which allow them to buy out existing stakes in funds at a discount, providing quicker liquidity compared to traditional private equity investments [5][6] - These secondary deals offer exposure to established companies rather than just startups, appealing to investors seeking more immediate returns [6] AI and Deep Tech Venture Capital - Significant investments are being directed towards deep tech sectors, including artificial intelligence, robotics, biotech, and clean energy, which are characterized by high growth potential [7] - Venture capital remains largely inaccessible to average investors due to high entry costs, but it is a favored avenue for the ultra-wealthy [7]

Core Insights - Vistra Corp. (VST) is currently trading below its 50-day simple moving average (SMA), indicating a short-term bearish trend, with a stock price of $161.67 as of December 23, 2025, down 26.5% from its 52-week high of $219.82 [1][8] - The company has a total generation capacity of 40,657 MW, with nearly 59% derived from natural gas assets, and a market capitalization of $54.77 billion [2] - Over the past year, VST shares have increased by 12.8%, while the Zacks Utility – Electric Power industry has seen a rally of 18.6% [6] Financial Performance - The Zacks Consensus Estimate for VST's 2025 earnings per share indicates a year-over-year decline of 32.57%, while the estimate for 2026 suggests an increase of 77.39% [16] - VST's trailing 12-month return on equity (ROE) is 64.04%, significantly higher than the industry average of 9.84%, indicating efficient utilization of shareholders' funds [19] - Vistra is trading at a premium valuation with a forward 12-month price-to-earnings (P/E) ratio of 19.47X compared to the industry average of 15.24X [21] Shareholder Value - The company is committed to increasing shareholder value through a share repurchase program and dividend payments, with a quarterly dividend of 22.7 cents approved for Q4 2025 and a target of $300 million in annual dividends [23] - An additional $1 billion has been approved for share repurchases, with $2.2 billion remaining under the current authorization expected to be fully utilized by the end of 2027 [24] Market Position and Growth Potential - Vistra benefits from strong power demand, high nuclear availability, and a diversified generation portfolio, which supports long-term growth [8][10] - The rising demand for clean electricity, driven by AI data centers and electrification in the Permian Basin, presents new opportunities for Vistra [14] - The company has a well-defined capital expenditure plan focused on expanding zero-carbon nuclear output and optimizing its natural gas fleet [15]

Key Takeaways NEE plans to add 36.5-46.5 GW of new wind and solar capacity through 2027 as clean power demand rises.Dominion is transitioning regulated utilities toward cleaner power, backed by long-term contracted assets.Canadian Solar forecasts 25-30 GW of module shipments and 14-17 GWh of energy storage deliveries for 2026.Global investments in renewable energy have reached record levels as governments and companies increase their focus on climate goals. Strong policy support and rising demand for clean ...

Market Performance - NASDAQ 100 index is up approximately 22% year-to-date [3] - S&P 500 index has increased by about 18% [3] - Russell 2000 small cap index is up around 16% year-to-date [4] - Dow Jones index has risen by approximately 15% [4] - Technology sector has seen the best performance, increasing by about 25% year-to-date [4] - Communication services sector is up approximately 21% [4] - Gold has increased by 65% and silver by 139% [5] ETF Performance - iShares MSCI Global Silver Miners ETF is up about 206% [7] - Global X Gold Explorer ETF (GOEX) has increased by approximately 195% [7] - ProShares S&P Global Core Battery Metal ETF (ION) is up about 106% [9] - Sprott Critical Materials ETF has risen by approximately 96% [9] - Global X Disruptive Materials ETF (DMAT) is also up about 96% [9] - VanEck Rare Earth and Strategic Metals ETF (REMX) has increased by approximately 94% [9] - Global X Defense Tech ETF (SHLD) is up about 77% [13] - Stoxx Europe Aerospace and Defence ETF (EAD) has risen by approximately 73% [13] Key Drivers & Themes - Gains in gold are driven by persistent central bank buying [5] - Precious metals benefit from investors seeking alternatives to US dollar denominated assets [6] - Critical materials are driven by electrification, digitization, clean energy transition, and supply chain concentration [8] - Rising geopolitical tensions are fueling a boom in defense spending [13]

We talk about export controls every day in Washington. You're on the other end of this, of course, looking at Nvidia's balance sheet and forecasts, trying to figure out how to factor this in. How significant is this to crack back into the Chinese market.Look, there's one ship in the world fueling the air revolution and that's in Libya. And you really need to give them access to the China market. I think that's the understanding that that's been well understood now in the Beltway.It's important because the r ...

Alphabet Buys Clean Energy Startup For AI Data Centers In $4.75 Billion Dealhttps://t.co/CgAxr46YMf https://t.co/W08jouCoxc ...

FuelCell Energy, Inc. (NASDAQ:FCEL) is one of the best hydrogen stocks to buy right now. On December 1, FuelCell Energy announced the closure of a debt financing agreement with the Export-Import (EXIM) Bank of the United States. The deal provided approximately $25 million in gross proceeds before fees and reserves. According to the company, this financing is part of EXIM’s Project & Structured Finance program whose goal is to support US exporters in global natural resource and infrastructure sectors. Fuel ...

Linde plc (NASDAQ:LIN) is one of the best hydrogen stocks to buy right now. On December 12, UBS reaffirmed a Buy rating on Linde plc (NASDAQ:LIN) and maintained a price target of $500. UBS based its decision on Linde’s Q3 2025 earnings and its outlook. The firm said it expects Linde’s EPS to grow over 10% in the coming year based on 4-6% growth from management actions and another 4-6% from capital allocation. This calculation excludes any benefits from macro growth. UBS Reaffirms Buy on Linde (LIN) at $50 ...

A Total of ~11,500 Metres of Drilling Planned as Part of Substantial 2026 Exploration Budget Prioritized for DiscoveryVANCOUVER, British Columbia, Dec. 22, 2025 (GLOBE NEWSWIRE) -- Foremost Clean Energy Ltd. (NASDAQ: FMST) (CSE: FAT) ("Foremost" or the "Company"), is pleased to announce its plans for a $9 million exploration program in 2026 (the “2026 Exploration Program”), primarily focused on advancing its Athabasca Basin uranium projects. The Company maintains a portfolio of 10 optioned and highly prospe ...