Workflow
Frank Talk: Data center energy demand fuels 2024 utility stock rally
GROWU.S. Global Investors(GROW) Proactiveinvestors NA·2025-01-11 03:51

In 2024, utility stocks staged a remarkable comeback, buoyed by the surging energy demands of data centers and the transformative impact of artificial intelligence (AI) across industries. Frank Holmes, CEO of U.S. Global Investors (NASDAQ:GROW), explores how this trend propelled massive gains for companies like Vistra and GE Vernova, which capitalized on the AI-driven shift toward electrification and decarbonization. Holmes also delves into the broader market dynamics of 2024, highlighting the interplay bet ...