Meta Expands AI Infrastructure with $10 Billion Louisiana Data Center [Yahoo! Finance]
Entergy Corporation (ETR)
Last entergy corporation earnings: 2/19 06:30 am
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Source: Yahoo! Finance
The hyperscale facility will incorporate large AI and digital infrastructure operations, and construction work is forecasted to occur from December 2024 to 2030. Warning! GuruFocus has detected 5 Warning Sign with META. The data center is designed to be energy-intensive. To achieve its goal of being renewable, it will partner with Entergy Corporation, which provides energy to several states, including Louisiana. Meta's expansion aligns with its larger sustainability objectives: to consider 1-4 GW of nuclear energy by the early 2030s to power its AI. It must be pointed out that Entergy has prior approvals for energy investments, for instance, in support of Amazon's facilities. Tough factors may affect the use of nuclear energy in such projects, mainly the regulations of reactors and the supply of uranium. Meta's action is an example of rising energy demands in this sector as AI adoption gets faster. This article first appeared on GuruFocus
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News
- Entergy (ETR) Moves to Buy: Rationale Behind the Upgrade [Yahoo! Finance]Yahoo! Finance
- Entergy Texas declares quarterly dividend on preferred stockPR Newswire
- Entergy Spreads Holiday Cheer and Thousands of Toys at the Annual Times-Picayune Doll and Toy Fund [Yahoo! Finance]Yahoo! Finance
- Entergy Corporation (NYSE: ETR) had its price target raised by analysts at Scotiabank from $144.00 to $165.00. They now have a "sector perform" rating on the stock.MarketBeat
- Entergy Corporation (NYSE: ETR) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
ETR
Earnings
- 10/31/24 - Beat
ETR
Sec Filings
- 12/16/24 - Form 4/A
- 12/16/24 - Form 4
- 12/6/24 - Form 8-K
- ETR's page on the SEC website