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NYSE:PEG 15 October 2025 - 1 May 2026

PSEG’s $960 Million Energy-Savings Update Puts Its Earth Day Push Under Investor Spotlight

PSEG’s $960 Million Energy-Savings Update Puts Its Earth Day Push Under Investor Spotlight

PSE&G says its energy-efficiency programs now save New Jersey customers nearly $960 million a year, with about 500,000 households and 22,000 businesses participating since October 2020. The company reports first-quarter results May 5, when management is expected to address earnings guidance and capital spending. PSEG has cut operational emissions by 95% from 2005 levels and projects 2026 non-GAAP earnings of $4.28–$4.40 per share.
1 May 2026
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Power Play: PSEG’s Long Island Grid Deal Extends Contract – Could Stock Hit $90+?

Power Play: PSEG’s Long Island Grid Deal Extends Contract – Could Stock Hit $90+?

The Long Island Power Authority board approved a five-year extension of PSEG Long Island’s grid management contract through 2030. A New York court rejected Quanta Services’ lawsuit to block the deal, calling its restraining order request moot. The contract awaits final approval from the state comptroller and attorney general. PSEG shares traded near $84.70 on Oct. 16, 2025.
16 October 2025
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Stock Market Today

  • SpaceX IPO Valuation Concerns: $10-$20 Share Price Seen As Realistic
    June 11, 2026, 8:11 PM EDT. SpaceX's upcoming IPO, expected at $135 per share, values the company around $1.7 trillion. Analysts suggest a more realistic price lies between $10 and $20 per share, reflecting a valuation of $130 billion to $260 billion. With $20 billion in revenue but $15 billion in annual losses spanning its satellite, launch, and AI divisions, SpaceX trades at an approximal 100x sales multiple-far higher than typical telecom or industrial firms, which trade at 1x to 3x sales. Investors are essentially betting on SpaceX outperforming traditional categories and achieving rapid growth and profitability. However, Starlink's satellite replacement costs and emerging AI infrastructure losses pose challenges. The debate centers on whether market hype can sustain such lofty multiples amid no clear profitability timeline.

Latest articles

AI Names Drop, Oil Upends Inflation Bets, US Stocks Slip

Dow up 930 points after hours as tech lifts Nasdaq

12 June 2026
Dow soars 929.97 points for its strongest session in months as easing geopolitical risk and a rebound in tech drive ETFs higher after hours; chip stocks surge with the PHLX Semiconductor Index up 7.9%, while Adobe drops 5.44% after CFO exit despite raised forecasts.
Keel Infrastructure (KEEL) shares surge after $458 million AI data center deal closes

Keel Infrastructure (KEEL) shares surge after $458 million AI data center deal closes

12 June 2026
Keel Infrastructure Corp. surged 5.14% to $5.52 after closing $458 million in 1.250% convertible senior notes due 2032, with proceeds aimed at accelerating AI and high-performance computing data center projects; the notes’ initial conversion price is $7.41, about 25% above the June 4 close, while analysts’ 12-month price targets range from $3.00 to $8.00, averaging $5.52.
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