Energy Department: Emergency order directs PJM Interconnection, in coordination with Constellation Energy Corporation to ensure certain units of Eddystone Generating Station remain online
The Energy Department has issued an emergency order directing PJM Interconnection, in coordination with Constellation Energy Corporation, to keep certain units of the Eddystone Generating Station online. This ensures continued operation of the power plant's specific units. The news was published on May 21, 2026, at 06:20 pm EDT.
Dominion Energy (D) to combine with NextEra Energy; closing in 12–18 months
Dominion Energy announced plans to combine with NextEra Energy, with the transaction expected to close in 12 to 18 months, pending federal and state regulatory approvals and shareholder votes from both companies. The utility names and local operations of Dominion are intended to remain unchanged. NextEra Energy plans to file a Form S-4 registration statement which will include a joint proxy statement/prospectus for shareholders.
NextEra Energy’s Proposed Acquisition of Dominion Energy - Virginia State Corporation Commission Regulatory Approval Process
NextEra Energy and Dominion Energy have announced a proposed tax-free, all-stock merger to create the world's largest regulated electric utility, with an enterprise value of approximately $420 billion. The transaction, expected to close in 12 to 18 months, is subject to numerous regulatory approvals, including from the Virginia State Corporation Commission (SCC). The article details the SCC's regulatory process under Virginia law and highlights potential implications for large-load customers, such as data centers, given the merger's stated aim to address the rapid growth of AI and data center infrastructure demand.
Duke Energy Corp stock (US2635341090): veteran grants and strong share price keep utilities giant in focus
Duke Energy Corp is gaining investor attention due to its foundation's new America250 grants for veterans' career pathways and the stock trading near recent highs on the NYSE. The company, a regulated utility, is central to regional grid reliability and energy transition efforts, with stable cash flows tied to approved capital investment and rate cases. The grants highlight Duke Energy's commitment to ESG themes, complementing its steady earnings, dividend history, and strategic investments in infrastructure and renewables, which contribute to its strong market position and appeal to US investors.
Democrats in Sacramento want to make energy even more expensive
California lawmakers are pushing a new bill, SB 1359, aimed at transitioning the state away from natural gas by making it harder and more expensive to maintain gas infrastructure. Critics argue this will increase energy costs for consumers, particularly low-income households, and exacerbate reliability issues and the state's housing crisis. The bill is seen as a departure from technology-neutral utility regulation, forcing an all-electric future despite potential negative economic and reliability consequences.
This Cigna Analyst Is No Longer Bullish; Here Are Top 4 Downgrades For Wednesday
Several Wall Street analysts have downgraded their ratings for four major companies. Deutsche Bank downgraded Cigna Group (CI) from Buy to Hold, Morgan Stanley downgraded Newell Brands Inc (NWL) from Equal-Weight to Underweight, Wolfe Research downgraded Crown Castle Inc (CCI) from Outperform to Peer Perform, and Seaport Global downgraded Dominion Energy Inc (D) from Buy to Neutral. These downgrades reflect changing outlooks on these stocks by top financial analysts.
Opinion | Who owns utilities matters less than who regulates them
NextEra Energy's proposed acquisition of Dominion Energy would create the world's largest utility by market capitalization. The article argues that the ownership of utilities is less critical than the effectiveness of their regulation. The implications of this merger for the American electric grid will ultimately depend on government oversight.
Lazard Freres Gestion S.A.S. Lowers Stock Position in Wells Fargo & Company $WFC
Lazard Freres Gestion S.A.S. reduced its stake in Wells Fargo & Company by 8.7% in the fourth quarter, selling 51,199 shares and ending with 536,101 shares valued at $49.96 million. Wells Fargo reported Q1 earnings of $1.60 per share, slightly beating estimates, with revenue up 6.4% year over year, and declared a quarterly dividend of $0.45 per share. Recent news for Wells Fargo includes an upcoming presentation at the Bernstein conference, improved housing sentiment, increased investment-banking activity, and a $110 million discrimination settlement.
Entergy’s AI stock boost draws Wall Street’s attention—with a twist
Entergy (NYSE: ENT) has seen its stock climb 33.3% over the last 52 weeks, outperforming the S&P 500, driven by AI-fueled demand for power from data centers. The company has increased its four-year capital spending plan by 33% to $57 billion, largely due to projects like Meta data centers and a new steel mill for HYUNDAI-POSCO. Despite some recent stock retreat from its peak, analysts remain constructive, citing strong fundamentals and new revenue streams, though risks like financing costs and regulatory reviews exist.
NextEra/Dominion Combination Ushers in a New Era of Power and Utilities Consolidation
NextEra Energy is acquiring Dominion Energy in a $66.8 billion all-stock deal, driven by the surging electricity demand from artificial intelligence data centers. This merger will create the world's largest regulated electric utility, addressing the need for extensive infrastructure to power hyperscalers. The acquisition will boost NextEra's regulated utilities business to 80% of its earnings and give it access to Northern Virginia's "data center alley."
Xcel Energy Inc stock (US98389B1008): earnings beat, dividend and grid investment in focus
Xcel Energy Inc. has reported stronger-than-expected first-quarter 2026 earnings, reaffirming its long-term growth outlook and dividend profile. The regulated utility is heavily investing in grid modernization and clean-energy projects, aligning with the broader US energy transition. Analysts generally rate Xcel Energy as a "buy," citing its stable earnings potential, dividend history, and exposure to renewable investments.
Banque Cantonale Vaudoise Boosts Stock Position in Wells Fargo & Company $WFC
Banque Cantonale Vaudoise increased its stake in Wells Fargo & Company by 33.6% in the fourth quarter, bringing its total holdings to 93,818 shares valued at $8.74 million. Wells Fargo reported strong Q1 earnings, beating estimates, with revenue up 6.4% year over year, and analysts currently maintain a "Moderate Buy" consensus with a target price of $97.53. The company also
Astera Labs (ALAB) Jumps As RBC Hikes $250 Price Target
Astera Labs (ALAB) stock rose by 13.3% after RBC reiterated its Outperform rating and increased its price target from $225 to $250, driven by anticipated benefits from Amazon's expanded Anthropic deal and increased demand for AI infrastructure. The company's Scorpio X switches are expected to ramp up for Amazon’s Trainium3 racks in Q3, boosting revenue, with longer-term growth seen in UALink and NVLink Fusion products for hyperscalers. Despite a high valuation, Astera Labs shows strong financial metrics including substantial revenue growth, high gross margins, and a debt-free balance sheet.
Combined NextEra-Dominion would have 130-GW large-load pipeline
NextEra Energy is set to acquire Dominion Energy in an all-stock deal, creating what could be the world's largest regulated electric utility. The combined entity is projected to have a 130 GW large-load project pipeline and serves 10 million customers across four states. The merger aims to enhance operational scale and efficiency, but customer advocates like Clean Virginia have raised concerns about potential impacts on consumers and rate hikes.
JP Morgan Raises Edison International (EIX) PT for the Second Time in Two Weeks
JP Morgan has raised its price target for Edison International (EIX) for the second time in two weeks, increasing it from $75 to $76 while maintaining a 'Neutral' rating. This comes after Edison International beat profit estimates in its Q1 2026 report, showing increased core earnings and reaffirming its 2026 core EPS guidance. The company, a major electric utility holding company, is focused on providing clean and reliable energy services.
Wells Fargo & Company $WFC Shares Acquired by Handelsbanken Fonder AB
Handelsbanken Fonder AB increased its stake in Wells Fargo & Company by 3.2% in the fourth quarter, now holding 1.2 million shares valued at $113.3 million. Other institutional investors also boosted their positions, with institutions collectively owning 75.9% of the stock. Wells Fargo reported better-than-expected earnings of $1.60 EPS and a 6.4% year-over-year revenue increase, leading to a "Moderate Buy" consensus rating from analysts.
NextEra-Dominion Merger Creates a New Utility Giant for the AI Age
NextEra Energy is set to acquire Dominion Energy in an all-stock transaction, forming the world's largest regulated electric utility. This merger comes as energy demand is rapidly increasing, positioning the new entity as a major player for the AI age. The combined company will be the largest by market capitalization in the regulated utility sector.
Toyo Posts Upbeat Q1 Earnings, Joins Brady, Dominion Energy And Other Big Stocks Moving Higher On Monday
TOYO Co., Ltd reported better-than-expected Q1 EPS, causing its shares to surge. Other companies like Julong Holding Ltd, Liveramp Holdings Inc, HIVE Digital Technologies Ltd, Brady Corp, and Dominion Energy Inc also saw significant stock gains due to various corporate news, including acquisitions, strong earnings, and strategic expansions. ServiceNow and Cognizant Technology Solutions also rose, with Cognizant announcing a substantial increase in its stock buyback program.
Dollar Tree stock (US25746U1097): Arizona distribution center spotlights supply-chain push
Dollar Tree has opened a new 1 million-square-foot distribution center in Litchfield Park, Arizona, to improve inventory flow to nearly 700 stores in the West and Southwest. This facility, along with a planned center in Oklahoma, is part of a larger strategy to enhance operational efficiency, particularly given the importance of logistics in discount retail. Analysts are reassessing the stock, with recent price target adjustments reflecting ongoing focus on execution and cost control amidst broader discount-retail trends.
NextEra-Dominion deal won't be the last in AI power build-out
The AI boom is causing an unprecedented surge in electricity demand, compelling utility companies to undergo consolidation to meet these new requirements. The proposed $67 billion merger between NextEra and Dominion Energy is seen as a template for future deals, as utilities need significant capital and technical expertise to build out power infrastructure for data centers, especially in regions like Virginia. This consolidation aims to ensure stable and sufficient power supply for power-hungry AI and data center operations.
Is Quanta Services (PWR) Turning Record Backlog Into Lasting Advantage In Grid Modernization?
Quanta Services (PWR) reported record Q1 revenue and backlog in 2026, driven by strong demand in electric utility and energy infrastructure, positioning it well for large-scale grid modernization initiatives. The company recently raised its full-year guidance, with expected revenues of US$34.7 billion to US$35.2 billion, emphasizing the importance of converting its backlog into realized earnings amidst growing integration risks. While some analysts project higher revenue and earnings by 2029, Simply Wall St highlights a potential 18% downside to its current price, urging investors to consider both rewards and warning signs.
Why Did D, RIG, BORR Stocks Jump To 52-Week Highs Today?
Shares of Dominion Energy (D), Transocean (RIG), and Borr Drilling (BORR) reached new 52-week highs, driven by rising crude oil prices, positive company announcements, and Wall Street optimism. Dominion Energy surged following news of its acquisition by NextEra Energy in an all-stock deal. Transocean's stock climbed after Paul Singer's Elliott Management disclosed a significant position, alongside strong first-quarter earnings and a large contract backlog. Borr Drilling saw its shares increase due to strong growth indicators, including plans for new rig acquisitions and contract wins, ahead of its Q1 earnings report.
Dominion Energy (D) Hits Fresh Record High on NextEra Merger
Dominion Energy (D) shares reached a new three-year high following the announcement of its merger with NextEra Energy. The all-stock transaction will result in NextEra Energy being the surviving entity, with Dominion shareholders receiving 0.8138 shares of NextEra per share owned. This merger is expected to create the largest regulated power distribution utility company globally, serving approximately 10 million customer accounts.
Dominion to be acquired by NextEra Energy in $66.8 billion deal
NextEra Energy is set to acquire Dominion Energy in a record-breaking $66.8 billion all-stock transaction, creating the largest electric utility in the United States. This deal will establish a sprawling power company serving 10 million utility customers across multiple states and owning 110 gigawatts of power generation. The acquisition comes amidst a surge in electricity demand driven by the data center industry and the build-out of AI technology.
Qualys (QLYS) Rallies As Earnings Beat And FedRAMP Win Draw Traders
Qualys (QLYS) stocks rallied by 8.84% due to strong Q1 earnings, with non-GAAP EPS beating estimates and revenue exceeding expectations, driven by AI-driven pre-breach risk management. The company also secured a FedRAMP High Authorization for its TotalCloud CNAPP, opening doors to federal and regulated customers. While several banks adjusted price targets, the underlying fundamentals of high margins, strong cash flow, and low leverage suggest a “good company” status, making it an interesting stock for active traders focused on key levels and trend analysis.
NextEra Looks To Accelerate Data Center Ambitions With Dominion Acquisition
NextEra Energy is poised to accelerate its data center ambitions through an acquisition of Dominion. This move combines NextEra's regulated utility in Florida and energy development business, offering investors both a secure dividend and above-average growth potential. This strategy also positions Florida Power & Light (FP&L) and NextEra Energy Resources (NEER) well to meet the growing demand for data centers.
Toyo Posts Upbeat Q1 Earnings, Joins Brady, Dominion Energy And Other Big Stocks Moving Higher On Monday
TOYO Co., Ltd shares rose sharply after reporting better-than-expected first-quarter EPS, despite sales missing estimates. The article also highlights several other companies, including Brady Corp, Dominion Energy, and HIVE Digital Technologies Ltd, that saw significant stock gains due to positive earnings, strategic moves, or analyst sentiment.
Toyo Posts Upbeat Q1 Earnings, Joins Brady, Dominion Energy And Other Big Stocks Moving Higher On Monday
TOYO Co., Ltd (NASDAQ: TOYO) saw its shares surge by 13.7% after reporting better-than-expected first-quarter EPS of 75 cents, despite sales of $142.773 million falling short of expectations. Other companies also experienced significant gains, including Julong Holding Ltd, Liveramp Holdings Inc, HIVE Digital Technologies Ltd, Brady Corp, and Dominion Energy Inc, due to various positive financial reports, acquisitions, or strategic initiatives. The broader U.S. stock market, however, saw the Nasdaq Composite decline as these individual stocks pushed higher.
FinancialContent - BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Dominion Energy, Inc. (NYSE – D), Global Business Travel Group, Inc. (NYSE – GBTG), Webster Financial Corporation (NYSE – WBS), Top
Brodsky & Smith LLC is notifying investors about investigations into several companies due to concerns that their respective boards may have breached fiduciary duties to shareholders in proposed merger agreements. The investigations target Dominion Energy, Global Business Travel Group, Webster Financial Corporation, and TopBuild Corp., focusing on whether fair value is being paid to shareholders in these transactions. Investors who own shares in these companies are encouraged to contact Brodsky & Smith to discuss the investigations without cost or financial obligation.
Equifax Jumps 5.3% Amid Sector-Wide Rally
Equifax Inc. saw its shares surge by 5.3% on Monday, closing at $166.83, as part of a broad sector-wide rally that benefited multiple data and analytics companies. The coordinated rise among peers like Verisk Analytics and TransUnion, without company-specific news from Equifax, suggests a shift in investor sentiment or sector rotation. Investors are advised to monitor whether this momentum sustains or if it's a short-term positioning shift.
NextEra and Dominion to Combine in Largest-Ever Utilities Merger
NextEra Energy has made an offer to acquire Dominion Energy for $67 billion, a move that would create the largest-ever utilities merger. NextEra saw its stock trade down 5% while Dominion's traded up 10% following the announcement. The deal is expected to accelerate growth for both companies through forecast 9%-plus earnings growth and leveraging NextEra's balance sheet and Dominion's data center expertise.
NextEra Energy, Dominion merger to create US utility colossus
A merger between NextEra Energy and Dominion is poised to create a major utility corporation in the United States. This development falls within the sectors of solar power, onshore wind, offshore wind, and energy storage, particularly impacting the USA and Canada. The announcement signifies a significant consolidation within the renewable energy and utility landscape.
UnitedHealth falls after Berkshire sells stake in health insurer
UnitedHealth (UNH.N) shares dropped 3% after Berkshire Hathaway (BRKa.N) revealed it had sold its stake in the healthcare conglomerate during the first quarter. This sale, part of a portfolio reshuffling under CEO Greg Abel, comes after Berkshire had invested in UnitedHealth last year, causing an initial stock increase. Despite the market reaction, analysts believe UnitedHealth's ongoing operational turnaround remains promising, especially following its recent raised profit forecast and strong quarterly earnings.
Dominion Energy and NextEra agree to combine. What that means for Richmond.
Dominion Energy announced its agreement to combine with Florida-based NextEra Energy, forming what would be the world's largest regulated electric utility. The new company plans to maintain its Richmond headquarters, retain the Dominion Energy name, and will be led by NextEra Energy CEO John Ketchum, with current Dominion Energy CEO Robert Blue remaining as President and CEO of regulated utilities. The merger, projected to take 12 to 18 months, is contingent on approval from company shareholders and several regulatory commissions.
Dominion Energy agrees to $67B sale to NextEra in deal driven by data center demand
Dominion Energy is set to be acquired by NextEra for $67 billion. This major deal is reportedly driven by the increasing demand for data centers, and the combined entity will serve 10 million utility customers across Florida, Virginia, and the Carolinas.
RAMP Stock Alert: Halper Sadeh LLC is Investigating Whether LiveRamp Holdings, Inc. is Obtaining a Fair Price for its Shareholders
Halper Sadeh LLC, an investor rights law firm, is investigating the sale of LiveRamp Holdings, Inc. (NYSE: RAMP) to Publicis Groupe for $38.50 per share. The firm is examining whether LiveRamp's board failed to secure the best possible price for shareholders, ensure a fair sales process, and disclose all material information. Shareholders are encouraged to contact Halper Sadeh to discuss their rights and options.
NextEra to Buy Dominion Energy in $67 Billion Deal
NextEra Energy has agreed to acquire Dominion Energy in a deal valued at approximately $67 billion. This merger would create an East Coast energy titan by combining two of the largest U.S. utilities, covering regions like Florida, the Carolinas, and Virginia. The acquisition is subject to approval from various state and federal regulatory bodies.
NextEra to Acquire Dominion Energy; Deal Terms Include $360M Cash, 0.8138 Shares (NYSE: D)
NextEra Energy is set to acquire Dominion Energy through a definitive merger agreement. Dominion Energy shareholders will receive an aggregate of $360 million in cash and 0.8138 shares of NextEra Energy common stock per Dominion share. The deal includes commitments to maintain Dominion's headquarters in Richmond, VA, and Cayce, SC, and to appoint four Dominion directors to NextEra's expanded board.
NextEra Energy to buy Dominion in $66.8 billion US power deal amid AI boom
NextEra Energy is set to acquire Dominion Energy in an all-stock transaction valued at approximately $66.8 billion, forming the world's largest regulated electric utility by market value. This move comes as U.S. utilities adapt to soaring power demands driven by the artificial intelligence boom and the rapid expansion of data centers. The deal, which enhances NextEra's presence in key data-center markets like Virginia, is expected to face significant regulatory scrutiny over market concentration and electricity prices.
S&P 500 Futures Fall in Premarket Trading; Victory Capital, Regeneron Pharmaceuticals Lag
S&P 500 futures are down in pre-market trading, with Victory Capital and Regeneron Pharmaceuticals lagging. However, Dominion Energy Inc. and Bio-Rad Laboratories Inc. Cl A showed significant gains before the market opened.
NextEra Energy and Dominion Energy to Combine, Creating the World's Largest Regulated Electric Utility Business and North America's Premier Energy Infrastructure Platform Benefiting Customers
NextEra Energy, Inc. and Dominion Energy, Inc. announced a definitive agreement to combine in an all-stock transaction, creating the world's largest regulated electric utility business. The merger aims to benefit customers through enhanced operational scale, procurement, and financing, enabling more cost-effective electricity delivery to approximately 10 million customer accounts. The combined entity will also offer $2.25 billion in bill credits for Dominion Energy customers and maintain dual headquarters in Florida and Virginia, along with robust employee protections.
All-stock NextEra Energy (NYSE: NEE)–Dominion merger to form utility giant
NextEra Energy (NEE) and Dominion Energy (D) announced an all-stock merger to create the world's largest regulated electric utility business. Dominion shareholders will receive 0.8138 shares of NextEra Energy for each Dominion share, plus a one-time cash payment of $360 million shared across outstanding Dominion shares. The combined entity will serve approximately 10 million customer accounts across Florida, Virginia, North Carolina, and South Carolina and is expected to be immediately accretive to adjusted EPS, supporting a targeted 9%+ annual adjusted EPS growth rate through 2032.
FirstEnergy Corporation $FE Shares Acquired by Northwestern Mutual Wealth Management Co.
Northwestern Mutual Wealth Management Co. significantly increased its stake in FirstEnergy Corporation (NYSE:FE) during the fourth quarter, boosting its holdings by over 11,300% to nearly 1.97 million shares, valued at approximately $81.7 million. This comes as FirstEnergy reported Q1 earnings that met expectations and revenue that surpassed estimates, alongside reiterating its FY2026 EPS guidance. While institutional ownership remains high, some insider selling has occurred, and analysts maintain a "Moderate Buy" consensus rating with an average price target of $51.69.
Dominion Energy (D) Stock Jumps 11% on NextEra Takeover Report
Dominion Energy (D) stock jumped 11% in premarket trading following reports that NextEra (NEE) has offered $76 per share in a $66 billion takeover bid. This mostly stock deal, which represents a 21% premium to Dominion's Friday closing price, would merge two major players in the U.S. power sector, creating a company with stable regulated cash flows and significant clean energy growth. The acquisition requires regulatory approval from state utility commissions and federal energy regulators, a process that could take over a year.
Virginia governor signs Dominion-backed bills. All eyes on regulators now.
Virginia Governor Abigail Spanberger has signed legislation that directs regulators to assign electricity costs to data centers and allows Dominion Energy to continue its strategic undergrounding program for distribution lines. While some of Spanberger's amendments aimed at increasing regulatory scrutiny were rejected by the legislature, others were accepted, requiring the State Corporation Commission (SCC) to ensure residential customers are not unfairly burdened with costs related to data centers. The bills aim to balance energy reliability and costs, with a focus now on how regulators will implement these new directives.
Dominion Energy and NextEra Energy to combine, creating the world's largest regulated electric utility business
NextEra Energy (NEE) and Dominion Energy (D) are merging in an all-stock transaction to form the world's largest regulated electric utility business. The combined company will be over 80% regulated, serving approximately 10 million customers across four high-growth states and offering $2.25 billion in bill credits to Dominion Energy customers. This partnership aims to leverage scale for capital and operating efficiencies, driving affordability and robust growth.
NextEra Energy to buy Dominion in deal that unites two key players in race to power AI data centers
NextEra Energy is set to acquire Dominion Energy in an all-stock deal valued at nearly $67 billion, aiming to meet the rising electricity demand for AI data centers. The merger will create the world's largest regulated electric utility, with NextEra shareholders owning 74.5% of the combined company. This strategic move positions the new entity as a leader in renewables, battery storage, and natural gas generation, while also holding a significant position in nuclear power.
NextEra Energy Inc. stock (US65339F1012): potential $66 billion Dominion deal puts utility giant in focus
NextEra Energy is reportedly in talks to acquire Dominion Energy for approximately $66 billion, primarily in stock, indicating the growing electricity demand from AI data centers. This potential deal would significantly expand NextEra's regulated utility footprint and transmission assets, positioning it as a key supplier of low-carbon electricity. The transaction, however, faces extensive regulatory review and shareholder approvals, with analysts maintaining a constructive view on NextEra's stock due to its growth in renewables and regulated assets.
How Investors May Respond To Avista (AVA) 2026 Earnings, Dividend Affirmation and US$3.4 Billion Capex Plan
Avista Corporation announced strong Q1 2026 earnings, affirmed its quarterly dividend, and outlined a substantial US$3.4 billion capital plan for 2026-2030, emphasizing clean energy and wildfire mitigation. These strategic investments aim to enhance reliability and decarbonization, signaling a continued commitment to shareholder returns. The company's updated earnings guidance of US$2.52 to US$2.72 per diluted share is crucial for investors to gauge the potential recovery of these significant capital expenditures through regulatory rate cases.
NextEra discussing $66B deal for Dominion Energy: report
NextEra Energy is reportedly in discussions to acquire Dominion Energy for approximately $66 billion in a mostly stock deal, valuing Dominion at about $76 per share. The proposed acquisition, which could be announced as soon as Monday, would create one of the largest power companies in the US, with NextEra shareholders owning about 75% of the combined entity. This merger comes as US power consumption is projected to climb, driven by increased demand from AI data centers.