AI has been dominating the market, and the utilities sector has been getting a boost as demand for new data centers increases. Utilities and energy are outperforming the S&P 500, and AI has become a leading topic in earnings across all sectors.
Less than 20% of companies are talking about a I fast forward to the first quarter of earnings which is the quarter We just went through over two thirds of companies talking about a I So people have been talking about a I sort of being an energy trade, right?Also, people believe it's gonna benefit companies in the utility sector.When you sort of think about OK, NVIDIA, it's gonna talk a lot about a I demand demand for their A I chips right.
I mean, I don't know what specific companies and we could have strategies on that can debate that with us.But at some point, the power has to come from somewhere.