Entergy’s AI stock boost draws Wall Street’s attention—with a twist
Entergy Corp is one of the utility names getting a lift from AI-fueled demand for power. The stock has climbed 33.3% over the last 52 weeks, beating the S&P 500 and the Utilities Select Sector SPDR ETF. A market note out this week described the New Orleans-based company as a straight bet on data centers, more industrial load, and higher grid spending. The timing is key as U.S. power demand is starting to pick up speed for utilities. The Energy Information Administration says power use will reach all-time highs in 2026 and 2027, boosted by artificial intelligence, cryptocurrency data centers, and more electric homes, businesses and vehicles.