Entergy Corp (ETR) has got
approval to support Meta's Massive Data Center. With its 2025
buyback strategy, the company is seeing
bullish fundamentals despite mixed technical signals. Its
financial results for Q1 2025 have been reported.
Jim Cramer has suggested ETR could be a solution for AI power shortage.
Steven Cohen is backing the energy giant with new investment. The company has also
completed the sale of its natural gas distribution business to Delta Utilities, and announced an
increase in its quarterly dividend payment. It has invested massively in a new infrastructure plan for Meta's Louisiana Data Hub, including
1,500MW solar power and three new power plants. The company sees its net income surge, prompting changes in its investment outlook.
Raymond James has initiated coverage for ETR. It has also performed well in its Q2 2025 earnings, exceeding expectations. Recently,
ETR stock reached an all-time high at 90.16 USD, following news of a $10 billion deal with Meta. ETR is now set for major
infrastructure investments thanks to approval from Louisiana's regulator. The CEO of Entergy unveiled an ambitious growth strategy for Gulf South, including new data centers, 700MW solar and a 6% dividend boost.
Entergy Corporation ETR News Analytics from Fri, 25 Oct 2024 07:00:00 GMT to Sat, 30 Aug 2025 08:31:26 GMT -
Rating 8
- Innovation 7
- Rumor 7
