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Utility stocks hover near all-time highs. One big reason: AI power demand fever. - Yahoo Finance
The Utilities sector is on fire this year. Here's what's driving the demand.
By: Yahoo Entertainment
- Oct 20 2024
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Utilities have been on fire this year as enthusiasm over booming AI electricity demand pushes the sector higher.
Case in point: The S&P 500 Utilities ETF (XLU) is up a whopping 29% so far this y… [+2704 chars]