Meta Platforms (META) Announced Its Partnership With Entergy Louisiana [Yahoo! Finance]
Entergy Corporation (ETR)
Last entergy corporation earnings: 2/19 06:30 am
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Source: Yahoo! Finance
its partnership with Entergy Louisiana to power its massive $10 billion hyperscale data center in Northeast Louisiana. ?Management highlighted that this builds on the company's earlier partnership and ensures Meta covers its full electricity costs without burdening regular customers. The deal will result in Entergy customers saving about $2 billion over 20 years by offsetting grid upgrades and fixed expenses like storm resilience. Moreover, Meta Platforms, Inc. (NASDAQ:META) will also contribute $120 million, including matching funds, for the company's The Power to Care program and $140 million for energy efficiency initiatives. ?Separately, recently on March 30, Morgan Stanley lowered the price target on the stock from $825 to $775, while maintaining a Buy rating on the stock. The firm noted that the investor sentiment toward Meta Platforms has hit a low due to worries over generative AI's return on invested capital, long-term positioning, weak macroeconomic ad markets, and regul
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News
- Entergy announces quarterly dividend payment to shareholders [TheStreet.com]TheStreet.com
- Entergy announces quarterly dividend payment to shareholdersPR Newswire
- Entergy (ETR) had its price target raised by Argus from $100.00 to $118.00. They now have a "buy" rating on the stock.MarketBeat
- Meta Funds Ten Natural Gas Plants To Power Its Largest AI Campus [Forbes]Forbes
- Entergy (ETR) had its price target raised by Barclays PLC from $96.00 to $118.00. They now have an "overweight" rating on the stock.MarketBeat
ETR
Earnings
- 2/12/26 - In-Line
ETR
Sec Filings
- 3/27/26 - Form ARS
- 3/27/26 - Form DEF
- 3/27/26 - Form DEFA14A
- ETR's page on the SEC website