Utilities: How AI, EVs power sector gains in 2024

Thu, Dec 26, 2024, 10:39 AM

The utilities sector ETF (XLU) has gained nearly 20% in 2024, driven by growing demands from artificial intelligence infrastructure and global electrification initiatives. Yahoo Finance Senior Markets Reporter Ines Ferré analyzes this performance, examining the sector's strongest performers and explores Wall Street's outlook for nuclear energy in 2025.

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This post was written by Angel Smith