The Utilities Select Sector SPDR Fund (XLU) provides broad exposure to over 30 utilities but dilutes the impact of the AI-driven data-center boom, which is concentrated in a few companies. Southern Company, Duke Energy, and American Electric Power stand out with higher yields, strong dividend growth, and significant contracts supporting data-center power demand. These three stocks offer more direct exposure to AI-related growth and better earnings prospects than the average XLU holding. Investors seeking targeted AI utility exposure might consider these stocks over the diversified XLU ETF, especially in tax-advantaged accounts where switching is simpler.
Duke Energy Foundation awarded $180,000 in grants to nine South Carolina technical colleges to expand construction-related training and support certifications in high-demand trades. Each college received $20,000 to enhance programs like welding and e...
Duke Energy is attracting investor interest with its 2029 equity units (DUKU), which provide a higher yield through a 2.90% contract adjustment, paying $3.875 annually until conversion in August 2029. These units convert into common shares, exposing ...
