NYSEARCA:XLU - American Stock Exchange - US81369Y8865 - ETF - Currency: USD
AI's impact on electricity demand is uncertain with the emergence of DeepSeek, causing confusion among investors and leading to a sell-off in power stocks. Less sensitive ETFs include XLU, RSPU, and GRID.
Wall Street is struggling to find risk-on momentum, with major indexes stuck near the flatline at midday as investors assess the latest earnings reports from mega-cap tech stocks and weaker-than-expected U.S.
The lawsuit claims that Southern California Edison’s (SCE) equipment created an electric arc near Altadena, which allegedly ignited the fire.
Wall Street is monitoring FirstEnergy's regulatory cases in Ohio and is concerned about the company’s ability to replace earnings from pensions and Signal Peak coal operations as it transitions away from legacy income sources.