Utilities Gain as Investors Chase Sector Gains - Utilities Roundup

Dow Jones
30 Apr

Shares of power producers rose as traders continued to chase gains in the sector.

Spanish grid operator Red Electrica said a widespread power outage was not likely the result of a cyberattack.

Data centers increasingly need electricity to run artificial-intelligence systems, but AI itself can help them use that electricity more efficiently, according to utility advisory firm Utilidata.

Entergy shares fell after the Southern power producer logged earnings shy of some investors' expectations.

 

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

April 29, 2025 17:06 ET (21:06 GMT)

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