Magnificent 7 Built The AI Boom, 'Munificent Seven' Wants to Power It
Harbor’s new Munificent Seven ETF targets the energy giants poised to benefit from surging electricity demand and the AI infrastructure boom.
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TotalEnergies (NYSE:TTE) reported quarterly earnings of $2.68 per share which missed the analyst consensus estimate of $2.71 by 1.11 percent. This is a 70.7 percent increase over earnings of $1.57 per share from the
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Harbor’s new Munificent Seven ETF targets the energy giants poised to benefit from surging electricity demand and the AI infrastructure boom.
Read original at benzingaIraq aims to increase oil production to 8-10 million barrels per day within six years, more than doubling pre-war levels. Chevron signed memorandums of understanding to operate two major Iraqi oil fields—West Qurna 2 and Nassiriya—positioning it to play a crucial role in Iraq's expansion plans. While this presents significant long-term growth opportunities, it also exposes Chevron to geopolitical risks, particularly dependence on the Strait of Hormuz for exports.
Read original at the-motley-foolTotalEnergies agreed to acquire Shell’s European onshore renewables business while selling a 50% stake in a renewable portfolio to KKR.
Read original at benzinga