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Shocker Of 2024: Utilities Overtake Tech Sector — 10 Stocks Behind The Shift Shocker Of 2024: Utilities (XLU) Overtake Tech Sector (XLK) — 10 Stocks Behind The Shift - American Water Works (NYSE:AWK), AES (NYSE:AES)

Utilities, once the underperformers, have emerged as the surprise winners in S&P 500's first four months. Tech dipped while utilities surged. ....

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April Showers On Wall Street: Miners, Utilities Emerge As Bright Spots In Gloomy Market

As April comes to a close, it’s time to compile the rankings for the top-performing sector and industry exchange-traded funds of the month. Taking a broader look at the stock market, the S&P 500 Index, represented by the SPDR S&P 500 ETF Trust (NYSE:SPY), finished April on a downturn, declining by approximately 3%. This marks the end of a five-month streak of gains. Similarly, the tech-heavy Nasdaq 100, tracked by the Invesco QQQ Trust (NASDAQ:QQQ), experienced a 3.5% decline. Among large-cap in ....

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April Showers On Wall Street: Miners, Utilities Emerge As Bright Spots In Gloomy Market - BlackRock (NYSE:BLK), Anglo American (OTC:AAUKF)

Performance in April 2024: Utilities lead, real estate lags. S&P 500, Nasdaq 100, Dow Jones Industrial Average, small-cap and large-cap indices all decline. ....

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AI Data Centers Drive Electricity Demand: Goldman Sachs Picks 16 Stocks To Play The Trend

Escalating electricity needs from running AI data centers will create downstream investment benefits in the utilities, renewable energy generation, and industrial sectors, according to Goldman Sachs. In a recently published study, equity analyst Carly Davenport has listed a basket of stocks positioned to benefit from the potential massive surge in U.S. power demand. The investment bank forecasts that data center power demand will grow at 15% compound annual growth rate from 2023-2030. This growt ....

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US Stocks Kick Off The Week In The Green, Tesla Rockets On China's FSD Approval, Yen Rallies: What's Driving Markets Monday? - Apple (NASDAQ:AAPL)

U.S. stocks kicked off the week on a positive note, with all major averages edging higher in anticipation of significant events including earnings reports from tech giants like Amazon.com Inc. (NASDAQ:AMZN) on Tuesday and Apple Inc. ....

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