All articles tagged with #nextera
Google has agreed to a deal with NextEra to reopen a US nuclear plant, signaling a move towards increased investment in nuclear energy. The article also promotes various subscription offers for the Financial Times, emphasizing its coverage and analysis.
NextEra CEO anticipates that the company's results will surpass expectations over the next three years.
Jim Cramer, host of CNBC's "Mad Money," expressed caution about Upstart due to its risky nature and financial losses. He also declined to recommend Altria, citing personal reasons related to the tobacco industry. Cramer mentioned that he sees potential in SoFi, but prefers owning the stock rather than trading it. As for Nextera, he remains unconvinced.
The utilities sector, represented by the Utilities Select Sector SPDR Fund (XLU), is lagging behind other S&P groups as U.S. Treasury yields continue to rise, reaching fresh highs for the year. The 10-year yield is at its highest level since August 2007, while the 30-year yield is approaching its 2010 high. This surge in yields is providing income-oriented investors with alternative options, causing a sell-off in utilities. NextEra Energy (NEE) is among the biggest losers, plunging 11.9%. The utilities sector is now down 21% year-to-date, compared to an 11% gain in the S&P 500.