FACTBOX-US utilities signal booming demand from data centers as AI takes root Aug 12 (Reuters) - U.S. utilities are finally inking concrete supply deals with data-center operators hungry for more power amid a boom in artificial intelligence, paving the way for higher sales and profit in the coming quarters. Data centers are expected to account for 8% of the power generated in the U.S.

Xcel Energy reports higher Q2 profit Aug 1 (Reuters) - Xcel Energy XEL.O reported higher first-quarter profit on Thursday helped by higher electricity demand during summer. The electric and natural gas utility said quarterly performance was helped by higher infrastructure investments and warmer-than-normal weather. "We continue to advance proposals to enhance the resiliency and sustainability of our system...

MORNING BID AMERICAS-Fed nods to cut, chips rebound, BoE up next A look at the day ahead in U.S. and global markets from Mike Dolan The Federal Reserve left Wall Street with little doubt about a first U.S. interest rate cut in seven weeks' time, but multiple cross-currents from the earnings season , Japan and China, and domestic politics all make for a noisy start to August.

Xcel Energy Inc expected to post earnings of 57 cents a share - Earnings Preview Xcel Energy Inc XEL.OQ XEL.O is expected to show a rise in quarterly revenue when it reports results on August 1 for the period ending June 30 2024 The Minneapolis Minnesota-based company is expected to report a 8.8% increase in revenue to $3.287 billion from $3.02 billion a year ago, according to the mean estimate from 5 analysts, based on LSEG data.

BUZZ-U.S. STOCKS ON THE MOVE-Synchrony Financial, Crypto Stocks, Industrial REITs Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The Nasdaq tumbled more than 2% to a two-week low on Wednesday, pulled down as megacap chip and tech stocks fell on the prospect of tighter China-focused U.S.

BUZZ - Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change GlobalFoundries Inc GFS.OQ +8.2% Warner Bros Discovery Inc WBD.OQ +3.4% Xcel Energy Inc XEL.OQ +2.8% Exelon Corp EXC.OQ +2.5% Intel Corp INTC.OQ +2.4% Bottom Performers Percent Change ASML Holding NV ASML.OQ -11.1% Advanced Micro Devices Inc AMD.OQ -7.8% Marvell Technology Inc MRVL.OQ -7.8% Arm Holdings PLC ARM.OQ -7.6% Lam Research Corp LRCX.OQ -7.6% The Nasdaq 100 .NDX lost 507.

BUZZ - Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change Tesla Inc TSLA.OQ +4.8% Baker Hughes Co BKR.OQ +4.4% Charter Communications Inc CHTR.OQ +3.7% Old Dominion Freight Line Inc ODFL.OQ +3.4% Fastenal Co FAST.OQ +3.3% Bottom Performers Percent Change PDD Holdings Inc PDD.OQ -2.4% Dollar Tree Inc DLTR.OQ -2.3% Xcel Energy Inc XEL.OQ -2.1% Ross Stores Inc ROST.OQ -1.9% Biogen Inc BIIB.OQ -1.9% The Nasdaq 100 .NDX gained 163.39 points,

BRIEF-Xcel Energy Inc - Unit Filed An Updated Wildfire Mitigation Plan & Request For Recovery Of Costs Covering Years 2025 To 2027 With Cpuc Xcel Energy Inc XEL.O : XCEL ENERGY INC - UNIT FILED AN UPDATED WILDFIRE MITIGATION PLAN & REQUEST FOR RECOVERY OF COSTS COVERING YEARS 2025 TO 2027 WITH CPUC XCEL ENERGY INC - ESTIMATED TOTAL COST FOR PLAN IS