Natural gas will be 'big winner' if it powers AI: Evercore ISI [Yahoo! Finance]
Evercore Inc. Class A (EVR)
Last evercore inc. class a earnings: 4/22 06:00 am
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Source: Yahoo! Finance
The sector was considered a part of the "Harris Trade" attributed to the Biden-Harris administration's investments into the Inflation Reduction Act's (IRA) low-carbon initiatives. Oil giants Chevron ( CVX ) and Exxon Mobil ( XOM ) — components of the so-called Trump Trade — saw gains the day after this week's election Evercore ISI senior managing director James West speaks more about whether fears of Trump's impact on the industry are overblown. "The fact remains that the IRA bill, which is the largest investment in climate and clean tech that the world has ever seen, is largely going to remain intact because 80% of the job creation and the capital spending is going to red states, or red districts, if not higher now that more states have flipped red," West tells Yahoo Finance. Clean energy producers and even nuclear energy developers have been posed as the solution to AI data center's energy demands. "The AI prize is so big that they want to use whatever energy source they h
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EVR
Earnings
- 10/23/24 - Beat
EVR
Sec Filings
- 11/20/24 - Form 144
- 11/19/24 - Form 4
- 11/19/24 - Form 144
- EVR's page on the SEC website