AI is fueling massive upside for energy stocks [Morning Watchlist] You are receiving this email because you are subscribed to Behind the Markets. If you no longer wish to receive these emails, please [unsubscribe]( here. Prefer to view this content on our website? [Click here.]( --------------------------------------------------------------- Dear Fellow Investor, The artificial intelligence boom is fueling massive upside in energy stocks. We’ve already seen solar stocks, like First Solar run higher after analysts said it’s “an overlooked, direct beneficiary.” We’re seeing real estate investment trusts, like Digital Realty, push higher thanks to rocketing demand for data centers. According to Goldman Sachs, data center demand is expected to rise at a 15% CAGR between now and 2030. Jones Lang LaSalle CEO Christian Ulbrich says there’s soaring demand for data centers with AI. Now, even nuclear power could play a major role in powering AI. In fact, as noted by CNBC, “The U.S. nuclear fleet is attracting growing attention as a power source for artificial intelligence and data centers, and Citigroup analysts say regulated utilities such as Duke Energy and Southern Company are the best way to play the trend.” “Data centers are expected to drive 31 gigawatts of incremental power demand through 2030, according to Citi. That will in turn drive efforts to increase utilization of the existing U.S. nuclear fleet of 95 nuclear reactors, which represents 102 gigawatts of reliable, carbon-free generation capacity,” they added. --------------------------------------------------------------- Weiss Ratings [“Fed Proof” Your Bank Account with THESE 4 Simple Steps](
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