(Bloomberg) Shares of power producer Vistra Corp. notched their worst week since February 2021 as traders backpedaled on bets for an AI-fueled surge in electricity demand. Most Read from BloombergReal Estate Investors Are Wiped Out in Bets Fueled by Wall Street LoansHere’s Everything Apple Plans to Show at Its AI-Focused WWDC EventBehind ‘Suicide Squad,’ the Year’s Biggest Video-Game FlopPutin’s Wartime Central Banker Tells Him What He Doesn’t Want to HearGameStop Slumps on Share Sale Plan as
Xcel Drops as Law Firm Says Utility May Be Linked to Texas Fires bloomberg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberg.com Daily Mail and Mail on Sunday newspapers.
Xcel Drops as Law Firm Says Utility May Have Texas Fire Link bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) The worst-ever Texas wildfire sent shares of Xcel Energy Inc. plunging after a law firm said it might be linked to the disaster, the latest sign that potential ties between power companies and blazes are triggering volatility in once-sleepy utility stocks. Most Read from BloombergTrump Warns of Big Losses From Asset Sales During Property SlumpFed’s Preferred Inflation Metric Increases by Most in a YearStocks End Month at New Highs After Inflation Data: Markets WrapHow Much Wealth
(Bloomberg) Eversource Energy surged the most in almost four years after announcing plans to exit the offshore-wind and water businesses, moves aimed at refocusing on its core business of delivering electricity and natural gas to customers in the US Northeast. Most Read from BloombergThe Brutal Reality of Plunging Office Values Is HereWall Street Regains Footing After CPI-Fueled Rout: Markets WrapMusk Says Putin Can’t Lose in Ukraine, Opposes Senate BillDemocrat Suozzi Wins Back NY House Seat