26 days ago
The Week 2 Houston-area and statewide Texas high school football scores from Saturday's games.
Aldine Davis 41, Bush 27
Cypress Park 18, Cypress Creek 12
George Ranch 14, Clear Springs 13
Kempner 32, Worthing 6
Manvel 75, Pasadena Memorial 0
Northbrook 29, Sharpstown 26
North Shore 23, Dallas South Oak Cliff 21
Texas City 21, Yates 14
Wheatley 70, Northside 0
Willowridge 52, Washington 23
SA Brennan 56, SA Taft 7
DeSoto 21, Duncanville 20,
Lockhart 20, Kyle Lehman 17
SA Harlandale 27, SA Edison 7
#creek
Aldine Davis 41, Bush 27
Cypress Park 18, Cypress Creek 12
George Ranch 14, Clear Springs 13
Kempner 32, Worthing 6
Manvel 75, Pasadena Memorial 0
Northbrook 29, Sharpstown 26
North Shore 23, Dallas South Oak Cliff 21
Texas City 21, Yates 14
Wheatley 70, Northside 0
Willowridge 52, Washington 23
SA Brennan 56, SA Taft 7
DeSoto 21, Duncanville 20,
Lockhart 20, Kyle Lehman 17
SA Harlandale 27, SA Edison 7
#creek
27 days ago
FirstEnergy Corp. (NYSE:FE), through its Potomac Edison subsidiary, proposed a $52.8 million Maryland distribution-rate adjustment to support investment in aging infrastructure, grid modernization and electric-system reliability. If approved, the request would increase the average residential customer's monthly bill by approximately 5.3%.
Potomac Edison said its electric rates were 25% below the average of its in-state peers as of June 1. The utility expects its residential rates to remain the lowest among Maryland's investor-owned electric utilities even after the proposed adjustment.
The proposed reliability program includes Supervisory Control and Data Acquisition technology, replacement of substation reclosers, new circuit ties and automation, overhead-conductor upgrades, aging underground-cable replacement and removal of high-risk trees near power lines. The Maryland Public Service Commission must review and approve the request before any adjustment can take effect.
The proposal connects the requested revenue to specific reliability investments. SCADA technology can give operators greater visibility into system conditions, while reclosers, circuit ties, and automation can isolate problems and reroute electricity. These capabilities can reduce the number of customers affected by outages and shorten restoration times.
Reconductoring, underground-cable replacement and vegetation management address physical causes of service interruptions. The investments could also improve resilience during severe weather, potentially lowering emergency-response costs and reducing the disruption experienced by customers.
#proposed #maryland #aging
Potomac Edison said its electric rates were 25% below the average of its in-state peers as of June 1. The utility expects its residential rates to remain the lowest among Maryland's investor-owned electric utilities even after the proposed adjustment.
The proposed reliability program includes Supervisory Control and Data Acquisition technology, replacement of substation reclosers, new circuit ties and automation, overhead-conductor upgrades, aging underground-cable replacement and removal of high-risk trees near power lines. The Maryland Public Service Commission must review and approve the request before any adjustment can take effect.
The proposal connects the requested revenue to specific reliability investments. SCADA technology can give operators greater visibility into system conditions, while reclosers, circuit ties, and automation can isolate problems and reroute electricity. These capabilities can reduce the number of customers affected by outages and shorten restoration times.
Reconductoring, underground-cable replacement and vegetation management address physical causes of service interruptions. The investments could also improve resilience during severe weather, potentially lowering emergency-response costs and reducing the disruption experienced by customers.
#proposed #maryland #aging
27 days ago
Consolidated Edison Company of New York, Inc., the regulated utility subsidiary of Consolidated Edison, Inc. (NYSE:ED), joined New York regulatory staff and other parties in filing a proposed three-year steam-rate plan covering November 2026 through October 2029. Approval from the New York State Public Service Commission remains required.
The proposal includes headline base-rate changes of $13 million, $42 million and $39 million over the three rate years. A bill-shaping mechanism would instead implement corresponding base-rate increases of $26.6 million, $27.5 million and $28.5 million, producing an approximately 3.5% total customer-bill effect each year. Any revenue shortfall caused by delayed billing after the proposed November 1 effective date would be collected through a surcharge.
For Consolidated Edison, Inc. (NYSE:ED), the attraction is a visible investment and recovery framework. The trade-off is a 9.5% authorized return on common equity and limited room before earnings sharing begins.
The settlement supports $396 million of steam capital spending over three years, comprising $143 million, $127 million, and $126 million annually. The average rate base is projected to increase from $2.118 billion in the first rate year to $2.234 billion in the second and $2.311 billion in the third. That represents approximately 9.1% ***** ulative growth from the first year to the third, providing a larger base on which Consolidated Edison, Inc. (NYSE:ED) can earn its authorized return.
The multiyear structure also improves planning. Consolidated Edison, Inc. (NYSE:ED) would know the principal revenue, capital, and financing ***** umptions through October 2029 rather than returning immediately to a full rate proceeding. The proposed after-tax weighted average cost of capital rises from 7.07% to 7.19% across the plan, reflecting higher ***** umed long-term debt costs.
#million #consolidated #year #three
The proposal includes headline base-rate changes of $13 million, $42 million and $39 million over the three rate years. A bill-shaping mechanism would instead implement corresponding base-rate increases of $26.6 million, $27.5 million and $28.5 million, producing an approximately 3.5% total customer-bill effect each year. Any revenue shortfall caused by delayed billing after the proposed November 1 effective date would be collected through a surcharge.
For Consolidated Edison, Inc. (NYSE:ED), the attraction is a visible investment and recovery framework. The trade-off is a 9.5% authorized return on common equity and limited room before earnings sharing begins.
The settlement supports $396 million of steam capital spending over three years, comprising $143 million, $127 million, and $126 million annually. The average rate base is projected to increase from $2.118 billion in the first rate year to $2.234 billion in the second and $2.311 billion in the third. That represents approximately 9.1% ***** ulative growth from the first year to the third, providing a larger base on which Consolidated Edison, Inc. (NYSE:ED) can earn its authorized return.
The multiyear structure also improves planning. Consolidated Edison, Inc. (NYSE:ED) would know the principal revenue, capital, and financing ***** umptions through October 2029 rather than returning immediately to a full rate proceeding. The proposed after-tax weighted average cost of capital rises from 7.07% to 7.19% across the plan, reflecting higher ***** umed long-term debt costs.
#million #consolidated #year #three
1 month ago
Duke (DUK) and Southern (SO) have secured a combined 25 gigawatts of data-center load commitments, converting electrification demand into recoverable regulated earnings.
Con Edison (ED) leads all S&P 500 utilities with 52 consecutive annual dividend increases, protected by New York State revenue decoupling that cushions volume swings.
Just released. Our **** ysts combed the entire stock market and named the ten best stocks to buy right now. The report is free. Enter your email and see if any of your stocks made the cut.
Regulated electric utilities are one of the few places income investors can find dividends backed by cash flows that don't rely on the economic cycle. Rate cases, riders, and long-term customer contracts turn capital spending into recoverable revenue, which is why payouts at these three names have kept climbing for decades. The clearest example: Con Edison's "50 straight years of dividend increases, a record unmatched among utilities in the S&P 500" was extended again this year to a 52nd consecutive annual increase. Here are three regulated-cash-flow utilities that income-focused portfolios can lean on.
Duke Energy (NYSE:DUK) is one of the largest fully regulated electric utilities in the country, serving roughly 8.73 million retail customers across the Carolinas, Florida, Indiana, Ohio, and Kentucky, plus Piedmont Natural Gas. The stock closed at $121.40 on September 3, 2026, with an annualized forward dividend of $4.34 after the July step-up to a $1.085 quarterly rate.
#duke #rate #recoverable
Con Edison (ED) leads all S&P 500 utilities with 52 consecutive annual dividend increases, protected by New York State revenue decoupling that cushions volume swings.
Just released. Our **** ysts combed the entire stock market and named the ten best stocks to buy right now. The report is free. Enter your email and see if any of your stocks made the cut.
Regulated electric utilities are one of the few places income investors can find dividends backed by cash flows that don't rely on the economic cycle. Rate cases, riders, and long-term customer contracts turn capital spending into recoverable revenue, which is why payouts at these three names have kept climbing for decades. The clearest example: Con Edison's "50 straight years of dividend increases, a record unmatched among utilities in the S&P 500" was extended again this year to a 52nd consecutive annual increase. Here are three regulated-cash-flow utilities that income-focused portfolios can lean on.
Duke Energy (NYSE:DUK) is one of the largest fully regulated electric utilities in the country, serving roughly 8.73 million retail customers across the Carolinas, Florida, Indiana, Ohio, and Kentucky, plus Piedmont Natural Gas. The stock closed at $121.40 on September 3, 2026, with an annualized forward dividend of $4.34 after the July step-up to a $1.085 quarterly rate.
#duke #rate #recoverable
1 month ago
Professional soccer is coming to Middlesex County.
New York City FC II — the minor league affiliate for New York City FC's Major League Soccer franchise — will relocate to a new 6,500-seat stadium in Edison, with play beginning in July 2027. The new MLS NEXT Pro team will eventually take on its own name, colors and identity.
The club, which will initially be called New Jersey MLS NEXT Pro, will play at the NEXUS sports and entertainment district on the grounds next to Middlesex College.
New York City FC II, commonly known as NYCFC II, is the reserve team of New York City FC and competes in MLS NEXT Pro, a professional men's soccer league in the United States and Canada affiliated with the MLS. The league, classified as part of the third tier of the U.S. soccer system, was launched in 2022 to complete the professional player pathway from youth academies to MLS teams.
The league is in its fifth season and has 30 teams — 27 affiliated with MLS clubs and three independent teams. More MLS-affiliated and independent clubs are expected to join in the coming years, including teams in Long Island, Cleveland, Jacksonville, Florida and Grand Rapids, Mich.
#affiliated
New York City FC II — the minor league affiliate for New York City FC's Major League Soccer franchise — will relocate to a new 6,500-seat stadium in Edison, with play beginning in July 2027. The new MLS NEXT Pro team will eventually take on its own name, colors and identity.
The club, which will initially be called New Jersey MLS NEXT Pro, will play at the NEXUS sports and entertainment district on the grounds next to Middlesex College.
New York City FC II, commonly known as NYCFC II, is the reserve team of New York City FC and competes in MLS NEXT Pro, a professional men's soccer league in the United States and Canada affiliated with the MLS. The league, classified as part of the third tier of the U.S. soccer system, was launched in 2022 to complete the professional player pathway from youth academies to MLS teams.
The league is in its fifth season and has 30 teams — 27 affiliated with MLS clubs and three independent teams. More MLS-affiliated and independent clubs are expected to join in the coming years, including teams in Long Island, Cleveland, Jacksonville, Florida and Grand Rapids, Mich.
#affiliated
1 month ago
The S&P 500 (SNPINDEX: ^GSPC) is hovering near a record high, but the ongoing geopolitical tensions in the Middle East, the rising odds of an interest rate hike, and the upcoming midterm congressional elections in November could disrupt what has been an incredible (nearly) four-year bull market.
The S&P 500 is currently trading at a Shiller Cyclically Adjusted Price-to-Earnings (CAPE) ratio of 41.8, its second-highest valuation in history, behind only the dot-com bubble peak in 2000. Even if the index were to plunge into a technical bear market by suffering a 20% decline from its recent peak, it would still be expensive by historical standards.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
But the broader market has always trended higher over the long term, so sell-offs can be a great opportunity for investors to scoop up bargains. One stock that could be a great buy at a discount is Corning (NYSE: GLW), which has become a key player in the global artificial intelligence (AI) data center build-out. Here's why.
Corning has been one of America's leading glass manufacturers for the last 175 years. It was the main supplier of glass for Thomas Edison's original lightbulb in 1880, and today, it makes the glass for all of Apple's iPhones. But the company's biggest opportunity currently lies in manufacturing fiber-optic connectivity solutions for data centers that accelerate processing speeds for AI workloads.
#years
The S&P 500 is currently trading at a Shiller Cyclically Adjusted Price-to-Earnings (CAPE) ratio of 41.8, its second-highest valuation in history, behind only the dot-com bubble peak in 2000. Even if the index were to plunge into a technical bear market by suffering a 20% decline from its recent peak, it would still be expensive by historical standards.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
But the broader market has always trended higher over the long term, so sell-offs can be a great opportunity for investors to scoop up bargains. One stock that could be a great buy at a discount is Corning (NYSE: GLW), which has become a key player in the global artificial intelligence (AI) data center build-out. Here's why.
Corning has been one of America's leading glass manufacturers for the last 175 years. It was the main supplier of glass for Thomas Edison's original lightbulb in 1880, and today, it makes the glass for all of Apple's iPhones. But the company's biggest opportunity currently lies in manufacturing fiber-optic connectivity solutions for data centers that accelerate processing speeds for AI workloads.
#years
2 months ago
On August 10, Jefferies downgraded Apple Inc. (NASDAQ:AAPL) to underperform from hold, cutting its price target to $263.66 from $285.56, implying roughly a 16% downside from Friday's close of $313.33. ******* yst Edison Lee said supply chain checks show Apple has canceled its planned all-glass 20th-anniversary iPhone, expected to launch in September 2027, due to poor production yield. Jefferies also trimmed its fiscal 2028 earnings forecast by 2.1%. Shares fell about 1.3% to 1.5% on the news.
Jefferies says Apple Inc. (NASDAQ:AAPL) has quietly canceled its marquee anniversary iPhone just as component costs are spiking industry-wide. That adds to a growing pile of Wall Street skepticism and raises a real question: is this the start of genuine cracks in Apple's pricing power, or just one bearish call against a stock still up double digits this year?
As of August 7, Apple is still up over 15% year-to-date, and the vast majority of Wall Street remains bullish, with 30 of 47 covering ******* ysts rating the stock buy or strong buy. The foldable iPhone debuting next month is Apple Inc. (NASDAQ:AAPL)'s biggest hardware redesign ever and gives the company a genuine new premium price anchor even with the all-glass model shelved. Despite an industry-wide memory shortage pushing prices higher across the smartphone market, Apple's brand loyalty gives it real room to pass through modest increases. Yahoo Finance tech editor Dan Howley noted that a roughly $100 price ******* p, spread across a phone's life and paid monthly, may not be enough to meaningfully change how people buy.
Six ******* ysts now carry sell-equivalent ratings on Apple, tying the highest count since 2012, and the stock's consensus recommendation of 3.88 out of 5 is its lowest since 2019. Fewer than 60% of ******* ysts recommend buying, well below megacap peers Microsoft, Amazon, and Nvidia, which are all backed by more than 90% of covering ******* ysts.
Jefferies argues the canceled all-glass model shows that "introducing new form factors" to justify higher prices is "more difficult than expected." The foldable iPhone is now the only near-term booster of higher prices. However, surging memory costs could push its starting price above $2,000, which Jefferies itself warns could make it a niche product with limited sales impact. This follows an earlier disappointment too: a soft sales forecast linked to component shortages already knocked the stock about 8% off its recent peak.
#NASDAQ
Jefferies says Apple Inc. (NASDAQ:AAPL) has quietly canceled its marquee anniversary iPhone just as component costs are spiking industry-wide. That adds to a growing pile of Wall Street skepticism and raises a real question: is this the start of genuine cracks in Apple's pricing power, or just one bearish call against a stock still up double digits this year?
As of August 7, Apple is still up over 15% year-to-date, and the vast majority of Wall Street remains bullish, with 30 of 47 covering ******* ysts rating the stock buy or strong buy. The foldable iPhone debuting next month is Apple Inc. (NASDAQ:AAPL)'s biggest hardware redesign ever and gives the company a genuine new premium price anchor even with the all-glass model shelved. Despite an industry-wide memory shortage pushing prices higher across the smartphone market, Apple's brand loyalty gives it real room to pass through modest increases. Yahoo Finance tech editor Dan Howley noted that a roughly $100 price ******* p, spread across a phone's life and paid monthly, may not be enough to meaningfully change how people buy.
Six ******* ysts now carry sell-equivalent ratings on Apple, tying the highest count since 2012, and the stock's consensus recommendation of 3.88 out of 5 is its lowest since 2019. Fewer than 60% of ******* ysts recommend buying, well below megacap peers Microsoft, Amazon, and Nvidia, which are all backed by more than 90% of covering ******* ysts.
Jefferies argues the canceled all-glass model shows that "introducing new form factors" to justify higher prices is "more difficult than expected." The foldable iPhone is now the only near-term booster of higher prices. However, surging memory costs could push its starting price above $2,000, which Jefferies itself warns could make it a niche product with limited sales impact. This follows an earlier disappointment too: a soft sales forecast linked to component shortages already knocked the stock about 8% off its recent peak.
#NASDAQ
2 months ago
As Hurricane Lala drenched parts of the Hawaiian Islands, the calm remained at sunny Father Bray Athletic Complex.
By 1:30 p.m., Edison kicked off to host 'Iolani, and the Chargers from Huntington Beach, Calif., put a jolt into the Raiders with a 41-27 win at Eddie Hamada Field. Sam Thomson threw three touchdown passes, while running backs Brett Dempsen and Gavyn Degiacomo combined for 183 yards and three TDs on 21 carries.
It was a 27-0 lead before the home team began to find its footing. Edison played a mix of reserves and starters from beginning to end. 'Iolani coach Patrick Samsonas found solace in his team's in-game resilience.
"I feel wet. It's a wet game," he said of the gusty, rainy conditions by game's end. We battled in the second and that was the test. They answered some of the calls. That's a really good team in the CIF (California Interscholastic Federation). I'm proud of our guys for battling. We've got a bye week before we get another mainland team."
'Iolani (1-1) hosts Westview (San Diego) on Aug. 29.
#edison #three #hawaiian #islands
By 1:30 p.m., Edison kicked off to host 'Iolani, and the Chargers from Huntington Beach, Calif., put a jolt into the Raiders with a 41-27 win at Eddie Hamada Field. Sam Thomson threw three touchdown passes, while running backs Brett Dempsen and Gavyn Degiacomo combined for 183 yards and three TDs on 21 carries.
It was a 27-0 lead before the home team began to find its footing. Edison played a mix of reserves and starters from beginning to end. 'Iolani coach Patrick Samsonas found solace in his team's in-game resilience.
"I feel wet. It's a wet game," he said of the gusty, rainy conditions by game's end. We battled in the second and that was the test. They answered some of the calls. That's a really good team in the CIF (California Interscholastic Federation). I'm proud of our guys for battling. We've got a bye week before we get another mainland team."
'Iolani (1-1) hosts Westview (San Diego) on Aug. 29.
#edison #three #hawaiian #islands
2 months ago
There is a plausible scenario in which Elon Musk's ******* eX (SPCX) reaches its ambitious goal of $100 billion in annual recurring revenue (ARR) by year-end.
SpaceX reiterated its goal of reaching $100 billion in ARR by year-end, a target that may not be as insane as it appeared on the company's earnings call transcript last week.
"As a baseline, 2Q's [ARR] run-rate was just $31 billion, meaning management is aiming to more than triple that in just six months. We see this target as likely very achievable, driven mainly by neocloud and Cursor contribution," Deutsche Bank ******* yst and ******* eX bull Edison Yu said in a note on Monday.
"Neocloud carrying the largest load In 2Q, neocloud revenue was $1.6b billion, all coming from Anthropic (ANTH.PVT); this deal alone should ramp up to $3.75 billion in 3Q in quarterly revenue," Yu explained. "In addition, the Google (GOOG, GOOGL) agreement is set to ramp up next month and hit full $920m/month rate beginning in Oct. Then most recently, ******* eX signed a $6.7bn over six month deal which we suspect could possibly be with the US government. And lastly, we expect one more large neocloud deal to get potentially signed before year-end considering industry compute supply/demand dynamics. Putting it all together, this could generate $45- 50bn of ARR exiting December."
Here's how Yu estimates this number will be reached:
#revenue #deal
SpaceX reiterated its goal of reaching $100 billion in ARR by year-end, a target that may not be as insane as it appeared on the company's earnings call transcript last week.
"As a baseline, 2Q's [ARR] run-rate was just $31 billion, meaning management is aiming to more than triple that in just six months. We see this target as likely very achievable, driven mainly by neocloud and Cursor contribution," Deutsche Bank ******* yst and ******* eX bull Edison Yu said in a note on Monday.
"Neocloud carrying the largest load In 2Q, neocloud revenue was $1.6b billion, all coming from Anthropic (ANTH.PVT); this deal alone should ramp up to $3.75 billion in 3Q in quarterly revenue," Yu explained. "In addition, the Google (GOOG, GOOGL) agreement is set to ramp up next month and hit full $920m/month rate beginning in Oct. Then most recently, ******* eX signed a $6.7bn over six month deal which we suspect could possibly be with the US government. And lastly, we expect one more large neocloud deal to get potentially signed before year-end considering industry compute supply/demand dynamics. Putting it all together, this could generate $45- 50bn of ARR exiting December."
Here's how Yu estimates this number will be reached:
#revenue #deal
3 months ago
New York-based Consolidated Edison, Inc. (ED) engages in the regulated electric, gas, and steam delivery businesses in the United States. The company has a market cap of $40.9 billion and serves approximately 3.7 million customers in New York City and Westchester County, and also provides gas and steam to millions.
ED is expected to release its Q2 2026 earnings Thursday, Aug. 6, after the market closes. Ahead of the event, ****** ysts expect the company's EPS to be $0.75 on a diluted basis, up 11.9% from $0.67 in the year-ago quarter. The company has exceeded Wall Street's EPS estimates in three of its last four quarters, while missing on one occasion.
Huge, Unusual Intel Options Volume Today Ahead of Earnings This Week
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The Number Tesla Stock Bulls Are Really Waiting for This Earnings Season Has Nothing to Do With Cars
#ahead #market
ED is expected to release its Q2 2026 earnings Thursday, Aug. 6, after the market closes. Ahead of the event, ****** ysts expect the company's EPS to be $0.75 on a diluted basis, up 11.9% from $0.67 in the year-ago quarter. The company has exceeded Wall Street's EPS estimates in three of its last four quarters, while missing on one occasion.
Huge, Unusual Intel Options Volume Today Ahead of Earnings This Week
Intel Stock Is Down, But Put Premiums are High - Put Short Sellers Love the High Yields
The Number Tesla Stock Bulls Are Really Waiting for This Earnings Season Has Nothing to Do With Cars
#ahead #market
3 months ago
AI data center demand runs around the clock, straining U.S. power grids and accelerating utility infrastructure spending that makes high-yield stocks increasingly attractive.
BIP yields 4.88% and carries Morgan Stanley's Overweight rating, while AVA pays a 4.83% dividend as an under-the-radar income pick.
Edison International (EIX) pays a 4.61% dividend with Barclays' Overweight rating and a $77 price target, making it a strong pick through 2026.
Act now: the ***** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Edison International didn't make the cut. Grab the names FREE today.
Data center electricity demand has surged over the last few years as AI workloads have scaled up, becoming one of the biggest tailwinds for the U.S. utility sector. Training and running large AI models require massive, continuous computing power, and technology hyperscalers have been signing large-load power purchase agreements to secure capacity for new facilities. Because data centers run around the clock, as cooling systems, servers, and networking equipment don't power down overnight the way residential or commercial demand does, they create a more constant, predictable load that utilities can plan around. Still, the sheer scale of new demand is straining grids that were built for slower, more gradual growth. This has pushed utility companies to accelerate infrastructure spending, extend the life of existing power plants, and, in some cases, explore new generation sources to keep pace, all of which factor into the growth outlooks that continue to make utility stocks attractive to investors positioning around the AI boom.
#data #center
BIP yields 4.88% and carries Morgan Stanley's Overweight rating, while AVA pays a 4.83% dividend as an under-the-radar income pick.
Edison International (EIX) pays a 4.61% dividend with Barclays' Overweight rating and a $77 price target, making it a strong pick through 2026.
Act now: the ***** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Edison International didn't make the cut. Grab the names FREE today.
Data center electricity demand has surged over the last few years as AI workloads have scaled up, becoming one of the biggest tailwinds for the U.S. utility sector. Training and running large AI models require massive, continuous computing power, and technology hyperscalers have been signing large-load power purchase agreements to secure capacity for new facilities. Because data centers run around the clock, as cooling systems, servers, and networking equipment don't power down overnight the way residential or commercial demand does, they create a more constant, predictable load that utilities can plan around. Still, the sheer scale of new demand is straining grids that were built for slower, more gradual growth. This has pushed utility companies to accelerate infrastructure spending, extend the life of existing power plants, and, in some cases, explore new generation sources to keep pace, all of which factor into the growth outlooks that continue to make utility stocks attractive to investors positioning around the AI boom.
#data #center
3 months ago
US-based clean energy company Avantus has completed a financing round worth over $525m for the construction of the Aratina 2 solar and battery storage project in eastern Kern County, California.
The package was arranged with CIBC, BBVA and Santander, and comprises construction funding, a tax equity bridge loan and letters of credit.
Aratina 2 is expected to begin operations by the end of 2026.
Once operational, Aratina 2 is set to provide 150MW alternating current (MWac) of solar power generation and 452MW-hours (MWh) of battery storage to the California energy grid.
The project is currently under construction and has entered into 15-year power purchase agreements (PPA) with Southern California Edison.
The package was arranged with CIBC, BBVA and Santander, and comprises construction funding, a tax equity bridge loan and letters of credit.
Aratina 2 is expected to begin operations by the end of 2026.
Once operational, Aratina 2 is set to provide 150MW alternating current (MWac) of solar power generation and 452MW-hours (MWh) of battery storage to the California energy grid.
The project is currently under construction and has entered into 15-year power purchase agreements (PPA) with Southern California Edison.
3 months ago
Rosemead, California-based Edison International (EIX) engages in the generation and distribution of electric power. With a market cap of $29.1 billion, the company supplies and delivers through its electrical infrastructure to an area of approximately 50,000 square miles in southern California, serving residential, commercial, industrial, public authorities, agricultural, and other sectors.
EIX is expected to release its Q2 2026 earnings on Thursday, July 30, after the market closes. Ahead of the event, ****** ysts expect the company's EPS to be $1.02 on a diluted basis, up 5.2% from $0.97 in the year-ago quarter. The company has exceeded Wall Street's EPS estimates in each of its last four quarters.
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EIX is expected to release its Q2 2026 earnings on Thursday, July 30, after the market closes. Ahead of the event, ****** ysts expect the company's EPS to be $1.02 on a diluted basis, up 5.2% from $0.97 in the year-ago quarter. The company has exceeded Wall Street's EPS estimates in each of its last four quarters.
Crude Oil Prices Jump as Ships Attacked in the Strait of Hormuz
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Nat-Gas Prices Climb on Carryover Support from European Nat-Gas
4 months ago
Hailing from Brockton, AJ Dybantsa was selected number one overall by the Washington Wizards in Tuesday's NBA Draft. He's the first athlete born and raised in Massachusetts to be selected number one overall in any of the four major U.S. sports drafts (NBA, NHL, NFL, and MLB).
Dybantsa, 6'9, 217 pounds, averaged 25.5 points per game this past season with the BYU Cougars. In January, Dybantsa passed Celtics legend Danny Ainge for the most points posted by a BYU freshman in a game, recording 43 points in a 91–78 victory over Utah.
Dybantsa played high school basketball at St. Sebastian's School in Needham. He was offered scholarships from all the top universities, including Boston College, but Dybantsa said he chose BYU to play ball and keep a low profile off the court.
The son of a Jamaican immigrant mother and a father from the Republic of Congo, Dybantsa is the latest athlete produced by the "City of Champions." 80 years ago, heavyweight champion Rocky "the Brockton Blockbuster" Marciano trained at the old fire station on Pleasant Street - a building that had its electrical wiring installed by Thomas Edison. Fellow champion "Marvelous" Marvin Hagler also sculpted his legendary boxing career in Brockton. Both have statutes in the city.
Brockton also produced Ken MacAfee, a 3x All-American tight end who caught passes from Joe Montana at Notre Dame. He was third in voting for the Heisman Trophy in 1977 and won the National ****** le that same year. He played two seasons in the NFL with the San Francisco 49ers.
Dybantsa, 6'9, 217 pounds, averaged 25.5 points per game this past season with the BYU Cougars. In January, Dybantsa passed Celtics legend Danny Ainge for the most points posted by a BYU freshman in a game, recording 43 points in a 91–78 victory over Utah.
Dybantsa played high school basketball at St. Sebastian's School in Needham. He was offered scholarships from all the top universities, including Boston College, but Dybantsa said he chose BYU to play ball and keep a low profile off the court.
The son of a Jamaican immigrant mother and a father from the Republic of Congo, Dybantsa is the latest athlete produced by the "City of Champions." 80 years ago, heavyweight champion Rocky "the Brockton Blockbuster" Marciano trained at the old fire station on Pleasant Street - a building that had its electrical wiring installed by Thomas Edison. Fellow champion "Marvelous" Marvin Hagler also sculpted his legendary boxing career in Brockton. Both have statutes in the city.
Brockton also produced Ken MacAfee, a 3x All-American tight end who caught passes from Joe Montana at Notre Dame. He was third in voting for the Heisman Trophy in 1977 and won the National ****** le that same year. He played two seasons in the NFL with the San Francisco 49ers.
4 months ago
Jodie Foster beamed with pride as her eldest son, Charlie Bernard, joined her on the red carpet for Mariska Hargitay's Broadway debut in Every Brilliant Thing on Tuesday. The 63-year-old was all smiles beside Charlie, who stood more than a foot taller than his petite mother.
Jodie looked incredible in an ivory silk shirt, black trousers and black sandals, while her 27-year-old son was dapper in a black **** on-up shirt, a gray blazer and dark-wash blue jeans.
The Oscar-winning actress welcomed Charlie with her former partner, Cydney Bernard, in 1998, followed by their son Christopher "Kit" Bernard in 2001. The couple split in 2008, and Jodie went on to marry Alexandra Hedison in 2014.
Charlie is following in his mother's footsteps with his dreams of being an actor, and Jodie has been cheering him on every step of the way. "They're at that age where they're starting their careers, and they're pretty insecure about what's gonna happen," she told People.
"But every time they get a joy, like I got an 'A' or I got this job or I got an audition, my heart just fills up 14 times because I have this memory of a beautiful career that's built on doing meaningful work, and I know that's the recipe for happiness. So I'm just thrilled for them, for the future."
Jodie looked incredible in an ivory silk shirt, black trousers and black sandals, while her 27-year-old son was dapper in a black **** on-up shirt, a gray blazer and dark-wash blue jeans.
The Oscar-winning actress welcomed Charlie with her former partner, Cydney Bernard, in 1998, followed by their son Christopher "Kit" Bernard in 2001. The couple split in 2008, and Jodie went on to marry Alexandra Hedison in 2014.
Charlie is following in his mother's footsteps with his dreams of being an actor, and Jodie has been cheering him on every step of the way. "They're at that age where they're starting their careers, and they're pretty insecure about what's gonna happen," she told People.
"But every time they get a joy, like I got an 'A' or I got this job or I got an audition, my heart just fills up 14 times because I have this memory of a beautiful career that's built on doing meaningful work, and I know that's the recipe for happiness. So I'm just thrilled for them, for the future."
4 months ago
When Doc Wieland took over as head baseball coach at Bishop Fenwick High School, he knew he had a talented team that could go places after some tournament experience last year.
Wieland was right. The Falcons are going north next week to the Ohio High School Athletic ******* ociation state tournament after a thrilling walk-off win in the regional finals.
Fenwick (22-8) edged Roger Bacon (21-9) 5-4 in the Division IV, Region 16 final at Day Air Ballpark, home of the Dayton Dragons. It is Fenwick's first regional ******* le since 1982.
They will play in the state semifinals June 13 in Akron against Richmond Edison or Lancaster Fairfield Union, who played later June 4. First pitch is 1 p.m. June 13.
Fenwick scored two runs in the bottom of the seventh inning to come from behind. With the bases loaded, senior Boyd Westerfield hit a grounder to the hole in shortstop. Bacon freshman Grayson Spears threw home but junior Isaac Barker beat the throw to score the winning run.
Wieland was right. The Falcons are going north next week to the Ohio High School Athletic ******* ociation state tournament after a thrilling walk-off win in the regional finals.
Fenwick (22-8) edged Roger Bacon (21-9) 5-4 in the Division IV, Region 16 final at Day Air Ballpark, home of the Dayton Dragons. It is Fenwick's first regional ******* le since 1982.
They will play in the state semifinals June 13 in Akron against Richmond Edison or Lancaster Fairfield Union, who played later June 4. First pitch is 1 p.m. June 13.
Fenwick scored two runs in the bottom of the seventh inning to come from behind. With the bases loaded, senior Boyd Westerfield hit a grounder to the hole in shortstop. Bacon freshman Grayson Spears threw home but junior Isaac Barker beat the throw to score the winning run.
4 months ago
When Doc Wieland took over as head baseball coach at Bishop Fenwick High School, he knew he had a talented team that could go places after some tournament experience last year.
Wieland was right. The Falcons are going north next week to the Ohio High School Athletic ******* ociation state tournament after a thrilling walk-off win in the regional finals.
Fenwick (22-8) edged Roger Bacon (21-9) 5-4 in the Division IV, Region 16 final at Day Air Ballpark, home of the Dayton Dragons. It is Fenwick's first regional ******* le since 1982.
They will play in the state semifinals June 13 in Akron against Richmond Edison or Lancaster Fairfield Union, who played later June 4. First pitch is 1 p.m. June 13.
Fenwick scored two runs in the bottom of the seventh inning to come from behind. With the bases loaded, senior Boyd Westerfield hit a grounder to the hole in shortstop. Bacon freshman Grayson Spears threw home but junior Isaac Barker beat the throw to score the winning run.
Wieland was right. The Falcons are going north next week to the Ohio High School Athletic ******* ociation state tournament after a thrilling walk-off win in the regional finals.
Fenwick (22-8) edged Roger Bacon (21-9) 5-4 in the Division IV, Region 16 final at Day Air Ballpark, home of the Dayton Dragons. It is Fenwick's first regional ******* le since 1982.
They will play in the state semifinals June 13 in Akron against Richmond Edison or Lancaster Fairfield Union, who played later June 4. First pitch is 1 p.m. June 13.
Fenwick scored two runs in the bottom of the seventh inning to come from behind. With the bases loaded, senior Boyd Westerfield hit a grounder to the hole in shortstop. Bacon freshman Grayson Spears threw home but junior Isaac Barker beat the throw to score the winning run.
9 months ago
Did Edison Accidentally Create a Vital Superconductor?
While Thomas Edison was at work on one of his greatest achievements, he may have accidentally produced a substance that wouldn’t be isolated for another century—and it’s currently in high demand.
In 1879, Edison showed off the invention he’s best remembered for today: the light bulb, the world’s first practical electric incandescent lamp. It was a paradigm-shifting breakthrough, enabling people to safely illuminate their homes. In this design, electricity travels through a skinny filament in a glass vacuum bulb that grows hot enough to
While Thomas Edison was at work on one of his greatest achievements, he may have accidentally produced a substance that wouldn’t be isolated for another century—and it’s currently in high demand.
In 1879, Edison showed off the invention he’s best remembered for today: the light bulb, the world’s first practical electric incandescent lamp. It was a paradigm-shifting breakthrough, enabling people to safely illuminate their homes. In this design, electricity travels through a skinny filament in a glass vacuum bulb that grows hot enough to
1 yr. ago
NEWS | Business | Energy |
On the sidelines of the VersoSud Forum in Sorrento, Italy, the Minister of State, Minister of Energy, Mines, and Renewable Energies, Mr. Mohamed Arkab, met with the CEO of Edison, Nicola Monti, in the presence of officials from Sonatrach, Sonelgaz,
On the sidelines of the VersoSud Forum in Sorrento, Italy, the Minister of State, Minister of Energy, Mines, and Renewable Energies, Mr. Mohamed Arkab, met with the CEO of Edison, Nicola Monti, in the presence of officials from Sonatrach, Sonelgaz,
