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Red-hot Texas is getting so many data center requests that experts see a bubble [MSNBC.com]

General Electric Company (GE)  More Company Research Source: MSNBC.com
Last general electric company earnings: 4/30 04:02 pm Check Earnings Report
US:NYSE Investor Relations: ge.com/investor-relations/overview
watch nowVIDEO1:1701:17DealBook Summit 2025: Anthropic CEO on spending, bubble riskSquawk BoxEverything is bigger in Texas. That's also true for data center demand in the Lone Star State, where project developers are rushing to cash in on theartificial intelligenceCheap land and cheap energy are combining to attract a flood of data center developers to the state. The potential demand is so vast that it will be impossible to meet by the end of the decade, energy experts say.Speculative projects are clogging up the pipeline to connect to the electric grid, making it difficult to see how much demand will actually materialize, they say. But investors will be left on the hook if inflated demand forecasts lead to more infrastructure being built than is actually needed."It definitely looks, smells, feels — is acting like a bubble," said Joshua Rhodes, a research scientist at the University of Texas at Austin and a founder of energy consulting firm IdeaSmiths."The top line numbers are almos [Read more]
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Stockreport

Red-hot Texas is getting so many data center requests that experts see a bubble [MSNBC.com]

General Electric Company  (GE) 
More Company Research Source: MSNBC.com
Last general electric company earnings: 4/30 04:02 pm Check Earnings Report
US:NYSE Investor Relations: ge.com/investor-relations/overview
watch nowVIDEO1:1701:17DealBook Summit 2025: Anthropic CEO on spending, bubble riskSquawk BoxEverything is bigger in Texas. That's also true for data center demand in the Lone Star State, where project developers are rushing to cash in on theartificial intelligenceCheap land and cheap energy are combining to attract a flood of data center developers to the state. The potential demand is so vast that it will be impossible to meet by the end of the decade, energy experts say.Speculative projects are clogging up the pipeline to connect to the electric grid, making it difficult to see how much demand will actually materialize, they say. But investors will be left on the hook if inflated demand forecasts lead to more infrastructure being built than is actually needed."It definitely looks, smells, feels — is acting like a bubble," said Joshua Rhodes, a research scientist at the University of Texas at Austin and a founder of energy consulting firm IdeaSmiths."The top line numbers are almos [Read more]
IMPACT SNAPSHOT
EVENT TIME:
GE
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
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
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 (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS