Duke Energy Corporation is well positioned to benefit from rising power demand driven by AI data centers, leveraging its nuclear energy capabilities and presence in fast-growing states. The company reported strong first-quarter results and maintains a Buy rating despite a recent stock price dip to $120. Duke Energy's strategy includes partnering with tech firms on capital-intensive nuclear projects, which is prudent amid high industry debt costs. It offers a 3.5% dividend yield and trades at a lower forward P/E than peers, balancing growth potential with manageable risk.
Duke Energy Foundation is distributing $500,000 through its 2026 HERO Grant Program to 34 nonprofits and government agencies in South Carolina to enhance emergency preparedness for the upcoming hurricane season. Grants of up to $20,000 will fund trai...
Duke Energy has been awarded up to $61.8 million in new grants from the U.S. Department of Energy to support refurbishment projects at coal-fired power plants in Kentucky and North Carolina. This funding adds to a previous $34 million grant, bringing...
The Duke Energy Foundation announced $500,000 in grants for nonprofit programs supporting small businesses in North Carolina. Eligible nonprofits can apply for up to $25,000 to fund microgrants of up to $5,000 for small businesses to improve operatio...
Duke Energy reported a strong first quarter with adjusted earnings per share of $1.93 and an 11% increase in revenue year-over-year. The company reaffirmed its 2026 EPS guidance range of $6.55 to $6.80, supported by its $103 billion capital plan focu...
USA Rare Earth announced a $1.2 billion investment and 490 new jobs at the Bailey Industrial Site in Cherokee County, South Carolina. This major development was facilitated by Duke Energy's Site Readiness Program, which prepared the site through due ...
