Exxon Enters The AI Trade Over the past 2 years, a huge disconnect has emerged between energy, in the conventional sense of power and electricity, and energy stocks, mostly associated with oil explorers and refiners. The former has exploded, as part of the “picks and shovles” thesis – after all, someone has to energize all those data centers – sending utilities, gas names, nuclear and uranium stocks to multi-year highs, while the latter have flatlined if not stagnated as the price of oil has continued to plumb new lows. But one US supermajor may be about to change all that. On… — Continue at ZeroHedge News : Read More
