There's an early winner in the race to feed AI's infrastructure demands: private equity [Fortune]
The Carlyle Group Inc. (CG)
Last the carlyle group inc. earnings: 4/30 06:40 am
Check Earnings Report
US:NASDAQ Investor Relations:
ir.carlyle.com
Company Research
Source: Fortune
But in the AI infrastructure sector, which includes the vital data centers and energy projects needed to feed AI's huge appetite for power and information, there's already a winner emerging: private equity. Firms including Backstone, the Carlyle Group , and KKR have been quietly spending tens of billions on energy projects and data centers tailored to supply AI developers, and they foresee huge profits once AI creates the demand surge they're expecting. “Even before AI, you've seen an industry that's growing at 20% plus, annually. AI on top is just another accelerant to that growth,” Blackstone managing director Greg Blank said The data centers that developers use to train large language models behind AI consume huge amounts of energy, and by 2030 they could suck up as much as a quarter of all the power in the U.S. Energy shortages haven't substantively hurt American tech companies' bottom lines yet, but price hikes in other areas of the AI supply chain, such as for chips fro
Show less
Read more
Impact Snapshot
Event Time:
CG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CG alerts
High impacting The Carlyle Group Inc. news events
Weekly update
A roundup of the hottest topics
CG
News
- The Carlyle Group Inc. (NASDAQ: CG) had its price target lowered by analysts at Barclays PLC from $56.00 to $47.00. They now have an "overweight" rating on the stock.MarketBeat
- The Carlyle Group Inc. (NASDAQ: CG) had its price target lowered by analysts at TD Cowen from $49.00 to $45.00. They now have a "hold" rating on the stock.MarketBeat
- Acentra Health Executive Vice President & Chief Strategy Officer Verlon Johnson Appointed Chair of Medicaid and CHIP Payment Access CommissionGlobeNewswire
- The Carlyle Group Inc. (NASDAQ: CG) had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $54.00 to $48.00. They now have a "buy" rating on the stock.MarketBeat
- The Carlyle Group Inc. (NASDAQ:CG) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
CG
Earnings
- 5/2/24 - Miss
CG
Sec Filings
- 5/2/24 - Form 3
- 5/1/24 - Form 8-K
- 4/18/24 - Form ARS
- CG's page on the SEC website