Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "NextEra Energy"


25 mentions found


He also increased his stake in JD.com by 8.2 million shares, or 33,490%, and PDD Holdings by roughly 2.28 million shares, or 741%. Laffont also created new positions in iShares China Large-Cap ETF and KraneShares CSI China Internet ETF . Laffont also made a couple of significant increases to the fund's holdings in Eli Lilly and Novo Nordisk . Facebook parent Meta still remains the fund's largest holding, while Amazon, Microsoft and Nvidia remain in the fund's top 10. The filing also showed increased bets on Eaton Corporation, a name closely tied to the artificial intelligence-related energy infrastructure boom, as well as Constellation Energy and NextEra Energy .
Persons: Philippe Laffont's Coatue, Julian Robertson, Laffont, Donald Trump's, Xi Jinping, Eli Lilly Organizations: Philippe Laffont's Coatue Management, U.S . Securities, Exchange Commission, Tiger Management, PDD Holdings, KraneShares CSI China Internet, Novo Nordisk, Novo Nordisk's ADRs, Broadcom, Microsoft, Nvidia, chipmakers Qualcomm, Devices, Taiwan Semiconductor, Facebook, Amazon, Eaton Corporation, Constellation Energy, NextEra Energy Locations: Alibaba, JD.com, iShares China, China, Novo, chipmakers
Aaron Dunn, portfolio manager at Morgan Stanley's U.S. Value Fund , noted the "great deal of volatility" in markets following the election result, as markets reprice "what had been a 50/50 election." Speaking to CNBC's "Squawk Box Asia" on Tuesday, Dunn, who's also co-head of value equity at Morgan Stanley, identified three stocks he is betting on following the election result. It's a diversified play in this, [that] you're getting it for just above the market multiple, with a solid runway of growth," Dunn added. According to FactSet data, of 30 analysts covering the stock, 26 give it a buy or overweight rating. He added that the company should increase its long-term growth rate guidance, given the growth in AI data centers.
Persons: Donald Trump's, Aaron Dunn, Dunn, who's, Morgan Stanley, you've, , Trump, They're Organizations: Morgan, Value, Biden Administration, Trump, U.S ., MAA, NextEra Energy Locations: Morgan Stanley's, U.S
He has also generally backed nuclear power, though he expressed some skepticism in his October interview with Joe Rogan. The clearest winner: Gas Stocks exposed to natural gas emerge as some of the clearest winners, according to post-election notes by JPMorgan and Jefferies. But the company has significant gas generation assets and would be poised to benefit under the fossil-fuel friendly Trump administration, according to JPMorgan. GE Vernova is one of the clearest winners, according to Jefferies analysts. Cheniere also stands to benefit through potentially easier liquid natural gas production under Trump, Jefferies found.
Persons: Donald Trump, Trump, Joe Rogan, Kevin Kwan, Cheniere, Jefferies, Sunrun, Enphase, SolarEdge, Julien Dumoulin, Smith, Goldman, Biden, it's Organizations: Green New, Gas, JPMorgan, Jefferies, Vistra Corp, Trump, GE Vernova, GE, Senate, GOP, NOVA, NextEra Energy, U.S, Nuclear Locations: U.S, Ukraine
Generally, a Trump win is seen as positive for financials given a higher likelihood of deregulation for companies in the space. Traditional oil and gas names are also likely to benefit under a second Trump presidency. One is made up of stocks that benefit after a Harris win; the other would outperform under a second Trump presidency. However, a Harris win is expected to keep current regulation measures in place, and possibly introduce new ones. Private equity giants KKR and Blackstone would also benefit under a Trump win.
Persons: Kamala Harris, Donald Trump, Paul Gallant, Cowen, Gallant, Harris, Goldman Sachs, Daniel Clifton, Strategas, Andrew Garthwaite, Trump, Garthwaite, TAN, we've, Biden, Wells, Ike Boruchow, Boruchow, , Russell, Joe Biden, Morgan Stanley, Crypto, isn't, Nic Puckrin, bitcoin, Marcelli, Financials, Wolfe, Chris Senyek, Lazard Organizations: Congress, U.S ., Trump, U.S . Trump, GOP, Democratic, CNBC Pro, Wall, Strategas, Enterprise, of America, Ford, UBS, Apple, Enphase Energy, Technologies Enphase, Exxon Mobil, Chevron, Trump Media & Technology, Trump Media, Cadence Bank, Viking Therapeutics, Bureau, CNBC, Wolfe Research, Lazard, Private, KKR, Blackstone, Evercore Locations: Washington, of America Cleveland, Cleveland, China
"The differences between Trump and Harris are as wide as we have ever seen." Differences in trade policy specifically, he said, are going to "determine where growth and earnings take place around the world." In contrast to Trump's trade policy, reduced trade tensions under Harris could lead to gains for FedEx , which has advanced more than 8% this year. During that debate, Harris also accused Trump of gearing up to abandon support of Ukraine. If Harris were to win the election, Clifton believes RTX is beneficiary of continued U.S. support of Ukraine.
Persons: Strategas, Donald Trump, Kamala Harris, Daniel Clifton, Harris, Clifton, Lazard, Trump, RTX Organizations: U.S, NBC, Trump, Republican, Basel III, Nasdaq, FedEx, Biden, NextEra Energy Locations: China, Basel, India, Cleveland, Southern, Ukraine, U.S
The outcome of this year's presidential election could bode well for different parts of the stock market, according to Evercore ISI. "Trump will be positive for US-only retailers (which have higher tax rates vs retailers with int'l exposure)," Evercore ISI said. Under a Harris win, these stocks could benefit, per Evercore ISI: Evercore ISI forecasts Harris winners to be renewable energy and EV companies, as that administration is expected to maintain the Inflation Reduction Act and other clean energy policies. Discount retailers such as Burlington and Ross Stores are another likely beneficiary of a Democratic win, according to Evercore ISI. A slew of tech companies, namely Apple , Dell and Hewlett Packard Enterprise , could fare well with a Harris win given the risk of lower tariffs.
Persons: bode, Kamala Harris, Donald Trump, Emanuel, Halliburton, Trump, ULTA, Dave Kimbell, Tesla, Elon Musk's, Harris, BURL, LSEG, Ross, Biden Organizations: ISI, Democratic, Republican, NBC, Trump, Halliburton, Exxon Mobil, Exxon, Care, NextEra, Harris . Discount, Ross Stores, Burlington, Apple, Dell, Hewlett Packard Enterprise, Palo Alto Networks Locations: U.S, China, Burlington
Against this backdrop, Wolfe Research released a basket of stocks that might be impaired under a Trump presidency. These companies would be at risk either under a 10% universal duty or 60% China tariffs. Beauty and cosmetics manufacturer Estée Lauder , down about 40% this year, could also face repercussions under a Trump win. Analyst Angel Castillo's revised price target of $332, down from $349, is approximately 14% lower than where shares closed on Wednesday. Other than these stocks sensitive to tariffs, Wolfe Research also suggested a few other ways to play the election.
Persons: Donald Trump, Wolfe, Trump, Estée Lauder, Rambourg, Morgan Stanley, Angel, Goldman Sachs, Patterson, Kamala Harris, Wolfe's Organizations: Republican, Wolfe Research, Democratic, Eagle Outfitters, Eagle, Bank of America, Trump, HSBC, Caterpillar, UTI Energy, NextEra Energy, Centene, AES Corp Locations: China, Greater China
Here are Thursday's biggest calls on Wall Street: KeyBanc downgrades Verizon to sector weight from overweight KeyBanc downgraded the telecom provider following earnings. Jefferies initiates California Resources at buy Jefferies says the energy company has a differentiated offering. " TD Cowen reiterates Microsoft as buy The firm recommended Microsoft heading into earnings next week. Bank of America reiterates Amazon as buy Bank of America touted Amazon ahead of earnings next week. Morgan Stanley reiterates Tesla as overweight The firm says it's sticking with top pick Tesla following earnings on Wednesday.
Persons: KeyBanc, Jefferies, Bernstein, ServiceNow, TD Cowen, Wells, Susquehanna, Lisa Su, SRE, Morgan Stanley, Tesla, Rosenblatt, Apple Organizations: Verizon, " Bank of America, IBM, Bank of America, CRC, Facebook, Google, Microsoft, Deutsche Bank, Deutsche, JPMorgan, NextEra Energy Partners, NextEra Energy, AMD, Sempra Energy Locations: California, Regions
It's clear Nextera Energy will have to cut its distribution and its 14% yield, says Jim Cramer'Mad Money' host Jim Cramer weighs if Nextera Energy is a good add to your portfolio.
Persons: Jim Cramer
"Modern Hydrogen produces clean hydrogen without renewable power. We can do this because we split apart natural gas into clean hydrogen and solid carbon," said Tony Pan, CEO of Modern Hydrogen. Natural gas is a cleaner fuel than oil, but it still emits harmful carbon dioxide when burned. Clients put the Modern Hydrogen system, which looks like a large box, where they would normally use their natural gas. Modern Hydrogen is backed by Gates Frontier, At One Ventures, National Grid Partners, NextEra Energy, Miura Group and Irongrey.
Persons: Tony Pan, Chris Kroeker, Pan, Lisa Rizzolo Organizations: Monolith, Natural Gas, Gates Frontier, One Ventures, National Grid Partners, NextEra Energy, Miura Group, National, CNBC Locations: Seattle, U.S, Canada, Japan, Long, , New York, New York
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFinal Trade: Certara, Nextera Energy, Knight-Swift Transportation and LululemonThe final trades of the day with the Fast Money traders.
Organizations: Nextera Energy, Swift Transportation, Fast Money
With this in mind, CNBC PRO screened for some safe-haven stocks that investors can look toward for some calm during the rocky times. Rate-sensitive utilities stocks have outperformed in recent weeks as investors look toward a lower interest rate environment. Two-thirds of analysts covering the stock rate it a buy or a strong buy, according to LSEG. To be sure, the stock is already trading 0.3% above its consensus price target, meaning it could be due for a pullback soon. Although more than half of analysts covering the company rate it a hold, the consensus price target implies more than 9% upside potential from Thursday's close, per LSEG.
Organizations: CNBC PRO, NextEra Energy, Electric Power, PPL, American Electric, Truist
Constellation Energy stock is still rising after the power company's landmark announcement last week that it plans to restart the Three Mile Island nuclear plant in Pennsylvania. The operational risk to bring the plant back online in 2028 appears manageable, Morgan Stanley told clients in a note on Monday. Renewable energy and natural gas stocks could also indirectly benefit from nuclear deals, according to Morgan Stanley analyst Stephen Byrd. Renewable stocks such as AES Corp. , NextEra Energy and First Solar could get a tailwind for the same reason, according to Morgan Stanley. CEO John Ketchum said the company is looking at restarting the Duane Arnold nuclear plant in Iowa.
Persons: Morgan Stanley, David Arcaro, Arcaro, Stephen Byrd, Byrd, NextEra, John Ketchum, Duane Arnold, Wells, Neil Kalton, — CNBC's Michael Bloom Organizations: Constellation Energy, Constellation, Microsoft, Vistra Corp, Vistra, Public Service Enterprise Group, Tech, . Companies, GE Vernova, Siemens Energy, Mitsubishi Power, NRG Energy, AES Corp, NextEra Energy Locations: Pennsylvania, Iowa, Wells Fargo
Constellation Energy plans to restart the Three Mile Island nuclear plant , with operations slated to resume in 2028 subject to approval by the Nuclear Regulatory Commission. It demonstrates the growing financial opportunity that nuclear power represents for utilities and their investors. VST YTD mountain Vistra shares, YTD The power company, headquartered outside Dallas, is viewed as one of the lead contenders to ink a data center nuclear deal next. "Vistra's timely acquisition of nuclear portfolio Energy Harbor in 2023 gives the company a coveted nuclear portfolio," the analysts said. Burke specifically called out Comanche Peak, a twin reactor nuclear plant with 2.4 gigawatts of capacity outside Forth Worth, Texas.
Persons: Vistra, Shahriar Pourreza, Jefferies, Julien Dumoulin, Smith, Jim Burke, Burke, John Ketchum, Duane Arnold, Ketchum, NextEra, Robert Blue Organizations: U.S, Constellation Energy, Nuclear Regulatory Commission, Microsoft, Vistra Corp, Nvidia, Energy, Guggenheim Securities, Wall Street, Jefferies, NextEra Energy, Dominion Energy, Dominion Locations: Dallas, Ohio, Pennsylvania, Energy Harbor, Forth Worth , Texas, Iowa, FactSet, Waterford , Connecticut
7:03 a.m.: Bernstein cuts price target on Nike amid innovation critiques Bernstein sees slightly less room for Nike to rebound. — Alex Harring 6:25 a.m.: Jefferies recommends buying NextEra Energy Partners despite buyout concern Jefferies came out of the gates optimistic on NextEra Energy Partners . Analyst Julien Dumoulin-Smith initiated coverage of the Florida-based renewable energy stock at a buy rating. — Alex Harring 5:54 a.m.: AI helps HubSpot compete, BofA says Bank of America is keeping an eye of HubSpot's artificial intelligence work. — Alex Harring 5:46 a.m.: JPMorgan says to sell Five Below JPMorgan turned bearish on Five Below , citing challenges that are hard to surmount for the value-focused retailer during a tough year.
Persons: Piper Sandler, Bernstein, Aneesha Sherman, Sherman, Alex Harring, BTIG, it's, Jake Fuller, Fuller, DoorDash, — Alex Harring, Jefferies, Julien Dumoulin, Smith, Hertz, Dan Levy, Levy, Avis, HubSpot, BofA, BofA's Brad Sills, Sills, monetization, Matthew Boss, Boss, Abbott, Adam Maeder, necrotizing, ABT, Maeder, Fred Imbert Organizations: CNBC, Laboratories, JPMorgan, Nike, Dow Jones, Jefferies, NextEra Energy Partners, Barclays, Hertz, Bank of America, LSEG, Abbott Laboratories Locations: Wednesday's, Florida, Thursday's premarket
Three-Stock Lunch: Pepsi, Nextera Energy, and EOG Resources
  + stars: | 2024-09-19 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThree-Stock Lunch: Pepsi, Nextera Energy, and EOG ResourcesDoug Butler, Rockland Trust SVP and director of research, joins 'Power Lunch' to discuss Butler's thoughts on three stocks: Pepsi, Nextera Energy, and EOG Resources.
Persons: Doug Butler Organizations: Nextera Energy, Rockland Trust, Pepsi, EOG Resources Locations: Rockland
Darden Restaurants — Shares advanced nearly 11% after the restaurant operator announced a multiyear partnership with Uber for on-demand delivery later this year. The company reported weaker-than-expected quarterly earnings and revenue, however, as its sales weakened at Olive Garden and its fine dining restaurants. DoorDash — The food delivery stock rose more than 3% after an upgrade to buy from neutral at BTIG. Alibaba – Shares rose more than 4% after the Chinese e-commerce company launched more than 100 open-source artificial intelligence models and a text-to-video tool. FedEx — Shares rose more than 1% ahead of the shipping giant's first-quarter earnings report due after the bell.
Persons: Uber, Jefferies, chipmakers, FactSet, Alibaba, Max, Stocks, bitcoin, — CNBC's Sean Conlon, Alex Harring, Samantha Subin, Jesse Pound, Brian Evans, Sarah Min, Michelle Fox Theobald Organizations: Darden, Olive, NextEra Energy, Nvidia, Arm Holdings, Micron, Micron Technology, FedEx —
Check out the companies making headlines in midday trading: Tech stocks — Key tech names rallied a day after the Federal Reserve's supersized rate cut decision. Coursera — The online education platform jumped more than 8% on the back of Bank of America's initiation at a buy rating. Uber shares rose 3%. NextEra Energy Partners — The stock rose more than 3% on the heels of Jefferies initiating coverage with a buy rating. Crypto stocks — Stocks tied to bitcoin's price climbed as the cryptocurrency moved more than 4% higher following the Fed's rate cut on Wednesday.
Persons: Tesla, Meta, Coursera, Uber, DoorDash, Jefferies, Stocks, MicroStrategy, Alibaba, Alex Harring, Samantha Subin, Lisa Kailai Han, Pia Singh, Michelle Fox Organizations: Tech, Federal, Nvidia, Therapeutics, Intel, Bank of, Darden, DoorDash, NextEra Energy Partners, JPMorgan Locations: Mobileye, Olive
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLightning Round: Nextera Energy can go higher, says Jim Cramer'Mad Money' host Jim Cramer weighs in on stock including: Nextera Energy, Alight, Herbalife, Microsoft, and HPE.
Persons: Jim Cramer Organizations: Nextera Energy, Microsoft
Stock Chart Icon Stock chart icon NextEra Energy's year-to-date stock performance. Stock Chart Icon Stock chart icon Alight's year-to-date stock performance. Stock Chart Icon Stock chart icon Herbalife's year-to-date stock performance. Stock Chart Icon Stock chart icon Microsoft's year-to-date stock performance. Stock Chart Icon Stock chart icon Hewlett Packard's year-to-date stock performance.
Persons: NextEra, Hewlett, Hewlett Packard, Jim Cramer's Organizations: NextEra, Microsoft
Bank of America sees yet another tailwind for utilities: The sector is a way to play falling interest rates. To that end, CNBC Pro used FactSet data to screen the S & P 1500 utilities sector, looking for companies that meet the following criteria. A total return – the stock price plus the value of reinvested dividends – of at least 10% in 2024. The stock offers a dividend yield of 3.0% and has a 2024 total return of nearly 23%. Year to date, the stock has a total return of nearly 38%, and it offers a dividend yield of 2.5%.
Persons: Savita Subramanian, Garrick Rochow, Morgan Stanley, David Arcaro, Diego's, , Fred Imbert Organizations: Constellation Energy, NRG Energy, Mizuho Securities, Bank of America, Utilities, Real, CNBC Pro, Street, CMS Energy, Consumers Energy, CMS, NextEra, Management, Google, CNBC, PPL Locations: Jackson, Michigan, , Florida, 1Q24, Allentown, Penn
NextEra Energy's CEO said renewable power demand is set to triple in the coming year. The company is working to meet power demand from the AI sector that's projected to grow threefold. AdvertisementAs artificial intelligence booms, renewable power demand is set to soar, NextEra Energy Inc.'s CEO John Ketchum said. Demand for renewable energy will likely triple in the next seven years compared to the previous seven, Ketchum said during the company's earnings call Wednesday. Last quarter, the company added 3,000 megawatts of renewables and storage projects, almost doubling its existing renewables portfolio, bringing the total renewable power generation to seven gigawatts.
Persons: NextEra, , John Ketchum, Ketchum Organizations: Service, NextEra Energy Inc, Google
In this photo illustration the stock market information of NextEra Energy, Inc. seen displayed on a smartphone with NextEra Energy, Inc. logo in the background. Igor Goloniov | LightRocket | Getty ImagesRenewable energy demand will triple over the next seven years as data center growth accelerates to facility the proliferation of artificial intelligence, the NextEra Energy CEO said Wednesday. Of those, 860 megawatts — or 28% — of which comes from agreements with Google to power the tech company's data centers. "These results support our belief that the bulk of the growth demand will be met by a combination of renewables and battery storage." Rebecca Kujawa, CEO of NextEra Energy Resources, a subsidiary NextEra Energy, said it will take time to nail down concrete numbers on exactly how much demand is coming from data centers in particular.
Persons: Igor Goloniov, NextEra, John Ketchum, Brian, Ketchum, Rebecca Kujawa, Kujawa Organizations: NextEra Energy, Inc, LightRocket, Getty, Google, U.S, Consulting, Rystad Energy, NextEra Energy Resources Locations: U.S, Turkey
NextEra Energy is considering restarting a nuclear plant in Iowa as demand for carbon-free energy grows amid a historic surge in electricity consumption. The Duane Arnold Energy Center in Palo, Iowa ceased operations in 2020 after 45 years of service. "There would be opportunities and a lot of demand from the market if we were able to do something with Duane Arnold," Ketchum said on NextEra's second-quarter earnings call Wednesday. The Duane Arnold plant was scheduled for retirement in late 2020 after a key customer, Alliant Energy, sought cheaper energy alternatives. Nuclear energy fell out of favor over the past decade as plants struggled to compete with cheaper energy sources such as natural gas and renewables.
Persons: Duane Arnold, John Ketchum, Ketchum Organizations: NextEra Energy, Duane Arnold Energy Center, Alliant Energy, Congressional Research Service Locations: Iowa, Palo , Iowa, Japan, U.S
But in general, this is the kind of development we've hoped to see ever since Starbucks' massive earnings miss April 30. We'll take the nearly 7% pop in shares Friday and hope it's only the beginning of recovery for the beaten-up stock. Fed's fave inflation measure : The personal spending and income report will be the most closely watched economic report next week. Earnings : As the second-quarter earnings season picks up pace, we'll hear from five Club holdings next week including Google parent Alphabet . Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Persons: Russell, Donald Trump, — Trump, Jim Cramer, Trump, Donald Trump's, Taiwan's TSMC, Joe Biden's, Biden, Biden's, he's, Elliott, we've, We'll, it's, we'll, Sartorius, Ford, Jim Farley, We're, Honeywell management's, , Zions, BOK, Brown, BRO, Lockheed Martin, Philip Morris, Clark, Lamb, Edwards Lifesciences, DOV, Dr Pepper, CARR, Baker Hughes, Booz Allen Hamilton, Jim Cramer's, Jim Organizations: Federal Reserve, Nasdaq, Dow, Republican National Convention, GOP, Bloomberg Businessweek, Trump, Elliott Management, Starbucks, Street Journal, Technology, General Motors, Honeywell, Dover, Products Company, Verizon, Truist, SAP, Semiconductors, Crown Holdings, Cadence Design Systems, Medpace Holdings, AGNC Investment, Logitech International S.A, KKR Real Estate Finance Trust, Berkley Corp, Spotify Technology S.A, United Parcel Service, GE Aerospace, GE, Cola Company, Lockheed, Comcast, Polaris Industries, Philip Morris International, Company, HCA Healthcare, Moody's Corporation, Enphase Energy, Texas Instruments Incorporated, Chubb Corporation, Seagate Technology plc, Maine, Packaging Corporation of America, Weatherford International plc, Canadian National Railway Company, FTAI Aviation Ltd, Mattel, Vertiv Holdings Co, Lamb Weston Holdings, NextEra Energy, Tenet Healthcare, Fisher, GE Vernova, Boston Scientific Corporation, General Dynamics, Lennox International, Software Technologies, CME Group, Fortive Corporation, Co, Roper Technologies, Teck Resources Limited, Blackstone Mortgage Trust, Economico Mexicano S.A, Dominion Freight, Otis Worldwide Corporation, OTIS, Ford Motor Company, Grill, Business Machines, IBM, Viking Therapeutics, Las Vegas Sands Corp, Newmont, Whirlpool, Globe, WM, O'Reilly Automotive, Annaly Capital Management, Honeywell International, American Airlines Group, Hasbro, Southwest Airlines Co, New York Community Bancorp, RTX Corporation, AstraZeneca, Carrier Global Corporation, Integer Holdings Corporation, Valero Energy, Texas, Juniper Networks, Boston Beer Company, Physicians Realty Trust, Allison Transmission Holdings, Corp, Columbia Banking, Digital Realty Trust, Edison International, Myers Squibb, Charter Communications, 3M Company, Booz, Centene Corporation, AON, Barnes, Colgate, Palmolive, Jim Cramer's Charitable, CNBC, U.S Locations: U.S, Taiwan, FactSet, China, Dover, Cleveland, Alexandria, ZION, W.R, Freeport, Kimberly, Cal, Teck, Las, ORLY, New, Banc, Bristol, Milwaukee , Wisconsin
Total: 25