<\/p>\n
The brokerage, investing and financial advisory arm of Wells Fargo is highlighting one market sector that could benefit immensely from growing investments in artificial intelligence (AI) and data centers.<\/p>\n
Wells Fargo Advisors says<\/a> that the current stock market performance is being driven by investments in artificial intelligence (AI) and data centers. According to Wells Fargo Advisors, utilities are one of the key beneficiaries of this burgeoning investment.<\/p>\n \u201cAs a key supplier in the data center landscape, the Utilities sector is riding this demand wave and has produced strong returns, a trend we expect to continue.\u201d<\/em><\/p>\n Wells Fargo Advisors says that electric utilities are \u201clikely to see the greatest data center benefit\u201d relative to other subsectors.<\/p>\n \u201cAs owners of power generation and distribution assets, utilities \u2014 electric utilities in particular \u2014 stand to benefit from this long-term infrastructure buildout. In fact, many have already raised long-term annual earnings growth outlooks into the high-single- to low-double-digit range. When paired with 2% to 3% dividend yields, this supports attractive total return prospects, in our view.\u201d<\/em><\/p>\n Besides electric utilities, Wells Fargo Advisors says other utility subsectors are also going to benefit, but on a reduced scale.<\/p>\n \u201cElectric utilities, however, do not have a monopoly on data center power demand. Natural gas distributors (also utilities), producers (energy companies), and pipeline operators are also benefiting by supplying fuel or building on-site power generation at data center campuses.\u201d<\/em><\/p>\n Follow us on X<\/a>, Facebook<\/a> and Telegram<\/a><\/span><\/em>  <\/p>\n Generated Image: Midjourney<\/em><\/span><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":" The brokerage, investing and financial advisory arm of Wells Fargo is highlighting one market sector that could benefit immensely from growing investments in artificial intelligence (AI) and data centers. Wells Fargo Advisors says that the current stock market performance is being driven by investments in artificial intelligence (AI) and data centers. According to Wells Fargo […]<\/p>\n","protected":false},"author":2,"featured_media":429671,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-429669","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/429669","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=429669"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/429669\/revisions"}],"predecessor-version":[{"id":429673,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/429669\/revisions\/429673"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/429671"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=429669"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=429669"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=429669"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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