California Resources Stock Could Be a Huge Long-Term Winner
California Resources (CRC) MarketBeat·2024-11-10 21:00
With all the talk around AI and data centers, markets have been swooning over companies that can provide one key resource to power these trends: electricity. AI workloads run on data centers that need a lot of electricity. They must also run 24/7 to ensure users can always access the data. Additionally, companies that run these data centers vastly favor the use of renewable energy for power. This has led to a trend of recommissioning nuclear reactor sites. Nuclear energy is renewable, but also much more rel ...