Amazon Stock Edges Higher Monday: What's Going On?
Amazon.com shares are trading higher Monday after Morgan Stanley named the stock a top pick and raised its price target to $350 from $335.
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X-Energy shares rose after signing an agreement with AEP to assess a proposed 960-megawatt small modular reactor project in Indiana.
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Amazon.com shares are trading higher Monday after Morgan Stanley named the stock a top pick and raised its price target to $350 from $335.
American Electric Power (NASDAQ:AEP) is exploring new ways to bring reliable power to the grid while prioritizing affordability for Indiana Michigan Power (I&M) customers and mitigating business risk. AEP today
The article compares two energy stocks positioned to benefit from AI data center demand: Bloom Energy, which manufactures solid oxide fuel cell systems for on-site power generation with 85% projected revenue growth but high valuation multiples and profitability challenges; and Constellation Energy, the largest U.S. nuclear power operator with more modest but stable growth, strong cash flow, and lower valuation metrics. The author recommends Constellation Energy for long-term investors due to its reasonable valuation and reliable earnings, while cautioning that Bloom's history as a volatile stock warrants caution despite its growth potential.
Tech stocks rebounded on October 19, 2026, with the Nasdaq Composite climbing 1.67% as semiconductor and cloud infrastructure stocks recovered from the previous week's sell-off. Chip stocks like SanDisk and Micron Technology led gains amid renewed AI confidence, while real estate stocks declined as homebuilder confidence hit a 14-year low. Investors await earnings from Meta, SpaceX, and Tesla to gauge strength in the AI and tech sectors.
Tech rebounded from last week's rout as chip stocks bounced and steel maker Cleveland-Cliffs soared on earnings, while the 10-year yield climbed to 5.14%.
Waymo plans to launch its autonomous ride-hailing service in Toronto in 2028, beginning with mapping and testing before welcoming passengers.