Wells Fargo Follows Cathie Wood's Playbook, Bets On 'Nuclear Option' Amid AI-Driven Electricity Surge— Favors Industrials, Utilities - Constellation Energy (NASDAQ:CEG), BWX Technologies (NYSE:BWXT)
BWX Technologies(US:BWXT) Benzinga·2025-11-06 19:15Wells Fargo Investment Institute is betting on the “nuclear option” to help power the U.S. economy, a stance that echoes recent bullishness from Cathie Wood‘s Ark Invest.US Power Demand Could Rise 25% Over 10 YearsIn new market commentary, the firm highlights an anticipated surge in electricity demand, primarily driven by artificial intelligence (AI), and identifies the Industrials and Utilities sectors as key beneficiaries.The analysis, authored by Senior Global Market Strategist Scott Wren, projects that ...