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Ormat Technologies Sees FY24 Revenue $875M-$893M Vs $892.19M Est.
The last time electric power stocks in the United States were so crazy was also during the technology frenzy.
Similar to today, in the 1990s, the expected returns of independent electrical utilities stocks were much higher than regulated utility company stocks. At that time, independent electrical utilities were constructing power plants on a large scale, resulting in eventual overcapacity. However, now it seems that electrical demand will inevitably increase, so they should not face similar issues.
U.K. Set to Be First G7 Nation to Exit Coal Power
Prominent Wall Street short sellers: Investors should focus on defensive stocks earnings and wait for clearer employment data.
Morgan Stanley maintains a neutral stance on defensive stocks related to cyclical sectors in the economy, waiting for 'clearer' employment data. The bank believes employment data is a key driving factor for the year-end stock market.
This Sector Is Seen as Being the Most Impacted by the 2024 U.S. Election
Clean Energy Shift: Wind Beat Coal in Electricity Generation in New Record