US power utility firms rise on Oracle lift
ReutersSep 10, 2025 2:15 PM
Shares of U.S. electric utility companies rise in morning trade after Oracle's strong forecast lifts AI names
Oracle ORCL.N expects booked revenue at its cloud infrastructure business to exceed half a trillion dollars
Power utilities have seen surge in demand from data centers needed to run AI
Vistra VST.N rises 5.4%, Constellation Energy CEG.O climbs 4.7%
GE Vernova GEV.N gains 4.6%, while NuScale Power SMR.N up 1.6%
Bloom Energy BE.N, which recently partnered with Oracle to deploy its fuel cell technology at select Oracle Cloud Infrastructure U.S. data centers, advances 16.4%
Including session moves, BE up 188.2%, SMR up 100.2%, GEV up 93.6%, VST up 49.1%, and CEG up about 41.4% this year
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