Core Insights - Bloom Energy (BE) is recognized as a volatile stock within the AI and power generation sectors, being a significant component of the Russell 2000 Index, which includes small U.S. equities [1] Financial Performance - The company reports positive non-GAAP earnings per share and free cash flow, indicating a strong financial position [1]

Core Insights - Bloom Energy (BE) is recognized as a volatile stock within the AI and power generation sectors, being a significant component of the Russell 2000 Index, which includes small U.S. equities [1] - The company reports positive non-GAAP earnings per share and generates free cash flow, indicating financial health and operational efficiency [1] Financial Performance - Bloom Energy has demonstrated strong financial metrics, including positive non-GAAP earnings per share, which suggests effective cost management and revenue generation [1] - The generation of free cash flow further supports the company's ability to invest in growth opportunities and return value to shareholders [1]

Company Overview - GE Vernova Inc. (NYSE:GEV) is recognized as a well-established company in the energy sector, focusing on generating, converting, storing, and managing electricity through various technologies including gas, nuclear, hydro, and wind [2]. Recent Developments - The company received approval to start construction on the Darlington nuclear generating station in April, with a projected opening in four years, which is considered a rapid turnaround in the industry [1]. Investment Perspective - A notable investment perspective highlighted is that GE Vernova is seen as a leading player in the nuclear and natural gas segments, making it a strong candidate for investment rather than speculation [2]. - While GE Vernova is acknowledged for its potential, there are suggestions that certain AI stocks may offer greater upside potential with less downside risk [2].

Fermi Inc. (NASDAQ:FRMI) is one of the stocks Jim Cramer recently discussed. Cramer called the company “more of a business plan than an actual business,” as he remarked: “Some of my newfound cynicism with nukes comes from the tale of Fermi, this company, which is more of a business plan than an actual business, came public on October 1st at 21 bucks, raising $682 million and had a valuation of more than $19 billion at the end of its first trading day. Fermi was just a business plan, though… Their plan is ...

Generac Holdings Inc (NYSE:GNRC) stock was last seen up 2.3% at $140.11, after Wells Fargo upgraded the power generator to "overweight" from "equal weight," with a price-target hike to $195 from $186. The firm cited AI data center growth, seeing an opportune buying opportunity after the shares' recent slide. GNRC notched its fifth-straight daily loss yesterday, still down 13.1% since the start of this week. The stock fell below several long-term trendlines during the tumble, now underneath all moving averag ...

Upgrades - Keefe Bruyette upgraded Bain Capital Specialty Finance (BCSF) to Outperform from Market Perform with an unchanged price target of $16, citing attractive entry point for shares [2] - JPMorgan upgraded Paccar (PCAR) to Overweight from Neutral with a price target of $133, increased from $108, due to offsetting tariff-related headwinds following the latest Section 232 proclamation [3] - Wells Fargo upgraded Generac (GNRC) to Overweight from Equal Weight with a price target of $195, up from $186, highlighting a "near-free call option" on data center growth after recent share pullback [4] - Barclays upgraded Cummins (CMI) to Overweight from Equal Weight with a price target of $546, increased from $515, reflecting new emissions rules and reduced R&D expenses [5] - Citizens upgraded Stryker (SYK) to Outperform from Market Perform with a price target of $440, citing reasonable valuation at current share levels [5] Downgrades - Wedbush downgraded Lyft (LYFT) to Underperform from Neutral with a price target of $16, down from $20, due to risks from autonomous vehicle disruption in the U.S. ridesharing market [6] - JPMorgan downgraded Lockheed Martin (LMT) to Neutral from Overweight with a price target of $515, up from $465, based on out-year cash flow estimates being below consensus [6] - Raymond James downgraded Allegiant Travel (ALGT) to Outperform from Strong Buy with a price target of $98, up from $78, citing valuation concerns after recent share strength [6] - Deutsche Bank downgraded Elevance Health (ELV) to Hold from Buy with a price target of $320, down from $332, due to reduced estimates and challenging macro environment [6] - Williams Trading downgraded Birkenstock (BIRK) to Hold from Buy with a price target of $51, down from $75, following earnings report and lack of clarity from management [6]

Core Viewpoint - U.S. stocks are experiencing volatility as investors question whether the AI boom is becoming a bubble, with the Nasdaq Composite declining approximately 2.4% over the past five days due to mixed earnings from companies like Oracle and Broadcom, raising concerns about the return on AI-related investments [1] Company Overview: GE Vernova - GE Vernova, a manufacturer of energy turbines and grid equipment, is perceived as an AI play due to the significant electricity demands of data centers, resulting in a stock decline of roughly 15% over the past five days despite some analysts maintaining a positive outlook [2] - The stock of GE Vernova has nearly doubled year-to-date as of December 18, indicating strong market interest [3] - Analysts highlight that AI is still in the build phase, with increasing power consumption from AI applications creating opportunities for companies in power generation and grid infrastructure [3] Financial Outlook - GE Vernova has raised its revenue guidance to $52 billion by 2028, up from a previous estimate of $45 billion, with adjusted EBITDA margins expected to expand from about 9% this year to 20% by 2028 [5] - The company has increased its backlog outlook to $200 billion from $135 billion, driven by rapid growth in its electrification business, and expects free cash flow to rise to $22 billion from $14 billion between 2025 and 2028 [6] - GE Vernova has doubled its dividend to $0.5 per share and increased its share repurchase authorization to $10 billion from $6 billion, reflecting confidence in its financial position [6] Market Positioning - The CEO of GE Vernova, Scott Strazik, emphasized the critical role of electric power in driving economic growth in the coming decades, asserting that the company is well-positioned with its extensive installed base and advanced solutions to serve this long-cycle market [7]

CALGARY, Alberta, Dec. 18, 2025 (GLOBE NEWSWIRE) -- Alberta Power (2000) Ltd., a subsidiary of TransAlta Corporation (TransAlta or the Company) (TSX: TA) (NYSE: TAC), provided notice to the Alberta Electric System Operator on December 18, 2025, that Sheerness Unit 1 will be temporarily mothballed effective April 1, 2026, for a period of up to two years. TransAlta maintains the flexibility to return the mothballed unit to service when market fundamentals or contracting opportunities are secured. The unit wil ...

Core Insights - UBS has released its list of highest conviction stocks for 2026, focusing on companies across various sectors that are expected to outperform the broader market [1][3] Company Summaries - **Acadia Pharmaceuticals (Ticker: ACAD)** - Expected return for 2025 is +46% - The company is viewed positively due to its management's execution on growth initiatives for new drugs, particularly the upcoming trial results for ACP-204 related to Alzheimer's disease psychosis, expected in mid-2026 [4] - **Alliant Energy Corp (Ticker: LNT)** - Expected return for 2025 is +11% - The company is considered undervalued and is likely to benefit from the ongoing data center boom in 2026, with expectations of 2-4GW of upside opportunities [5][6] - **Amazon (Ticker: AMZN)** - Expected return for 2025 is +0.3% - As the only stock from the Magnificent Seven on UBS' list, Amazon is anticipated to benefit from the AI boom and advancements in sports licensing and same-day delivery in its e-commerce operations [8]

Core Thesis - TransAlta Corporation (TAC) is positioned as a unique opportunity in the North American AI and HPC data center market, benefiting from Alberta's pro-data center policies and significant energy capacity [2][6] Financial Performance - TAC reported $1.25 billion in EBITDA for 2024, showcasing its strong financial performance compared to speculative crypto-mining ventures [3] - The company's trailing and forward P/E ratios are 708.69 and 51.02 respectively, indicating a high valuation relative to earnings [1] Market Position and Strategy - TAC has 9,000 MW of energized capacity across 88 facilities in Canada, the U.S., and Australia, positioning it well for rapid deployment of AI infrastructure [2][3] - The company’s behind-the-meter model and flexible power solutions provide a competitive edge over greenfield competitors limited by grid constraints [5] Growth Potential - The AI data center business alone could generate annual revenues of $1.2–$1.8 billion, suggesting a potential upside of over 100% from current market levels [5] - Additional catalysts such as AESO interconnection approvals and battery-based peak-shaving strategies could unlock more capacity than currently anticipated by the market [6] Recent Developments - Recent Q3 earnings were disappointing due to lower Alberta power prices and uncertainties around the Alberta data center project, but management remains optimistic about timelines, suggesting a conservative worst-case in-service date of 2030 [4] - The market's reaction to the recent earnings report is viewed as an overreaction, as TAC is making progress toward final MOUs with partners [4]