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Fervo Energy's enhanced geothermal project in Utah set to start commercial power next month.

Market News
05 Sep 2026
CNBC
View Source
Bullish
Fervo Energy's enhanced geothermal project in Utah set to start commercial power next month.

Fervo Energy's Cape Station project in Milford, Utah, is on track to begin sending power to the grid next month, marking the first commercial operation of an enhanced geothermal system in the U.S. This technology uses advanced drilling and hydraulic fracturing to create geothermal reservoirs, potentially unlocking vast emissions-free power. The company recently secured a power purchase agreement with Google and aims to reduce costs further to compete with other energy sources. With nearly 600,000 acres of geothermal rights and plans for expansion, Fervo is positioning enhanced geothermal as a key part of the future U.S. power grid.

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Micron Technology rated Buy as consolidation and US expansion boost growth outlook and market share.

Micron Technology rated Buy as consolidation and US expansion boost growth outlook and market share.

Micron Technology remains a Buy due to its strong position amid consolidation, improved valuation, and clear medium-term earnings growth. Concerns about AI memory demand and Chinese competition are seen as exaggerated, given Micron's technological ed...

Analyst Insights
Bullish
4 hours ago
August jobs data supports likely Fed rate hike in September amid mixed economic signals.

August jobs data supports likely Fed rate hike in September amid mixed economic signals.

August's labor market showed steady unemployment at 4.1% and payroll growth of 162,000, signaling a strong job market that likely encourages the Federal Reserve to raise interest rates in September. However, rising jobless claims and slowing retail s...

Market News
Neutral
4 hours ago
Aflac partners with Ben Affleck in new ad campaign blending entertainment and insurance education.

Aflac partners with Ben Affleck in new ad campaign blending entertainment and insurance education.

Aflac, the leading U.S. supplemental health insurance provider, has launched a new advertising campaign featuring actor Ben Affleck alongside the iconic Aflac Duck. Directed by Affleck and produced with Artists Equity, the campaign aims to educate co...

Market News
Bullish
4 hours ago
BioAge Labs remains a buy despite 40% drop, backed by strong Phase 1 data and solid cash runway.

BioAge Labs remains a buy despite 40% drop, backed by strong Phase 1 data and solid cash runway.

BioAge Labs' stock fell over 40%, but the sell-off seems excessive given its promising Phase 1 results for BGE-102, a leading NLRP3 inhibitor showing up to 98% IL-1β suppression. The company expects Phase 2 data in the second half of 2026 and has a d...

Analyst Insights
Bullish
4 hours ago
Berkshire Hathaway targets AI growth via energy supply and $36B Alphabet stake.

Berkshire Hathaway targets AI growth via energy supply and $36B Alphabet stake.

Berkshire Hathaway CEO Greg Abel outlined two main AI-related strategies: supplying energy to AI data centers through Berkshire Hathaway Energy, ensuring no rate impact on other customers, and leveraging a nearly $36 billion investment in Alphabet, a...

Market News
Bullish
4 hours ago
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