• Dec 02, 2024

Bank of America Lights the Fuse on These 2 Energy Stocks

Global energy demand is surging, and at the heart of this revolution is the meteoric rise of AI technology. Fueled by the insatiable electricity needs of sprawling data centers, AI is reshaping the energy landscape with unparalleled speed. Mizuho Research predicts that by 2030, the power demand for data centers will skyrocket, tripling as AI applications expand their reach. Meanwhile, Bank of America has seen this growing trend, and firm analyst Kalei Akamine has lit the fuse to buy two energy s

  • Dec 02, 2024

Gold Edges Up With US Data in Focus Before Fed December Meeting

(Bloomberg) -- Gold inched higher, trading within a narrow range as investors look ahead to US data that could offer clues on the Federal Reserve’s rate decision this month.Most Read from BloombergAs Wars Rage, Cities Face a Dark New Era of Urban DestructionRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsListen to the Here’s Why podcast on Apple, Spotify or anywhere you listen.US nonfarm payroll figures due Friday are set to provide an indicator of the nation’s economic health as