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NYSE:PEG News 16 October 2025

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+?

Long Island Contract Extension On Sept. 25, 2025 the Long Island Power Authority (LIPA) board voted to extend the contract with PSEG Long Island by five yearsprnewswire.com. This keeps PSEG as the operator of the 1.2+ million–customer electric grid on Long Island and the Rockaways through 2030. PSEG’s CEO Ralph LaRossa praised the decision: “Since 2014, PSEG Long Island has become the No. 1 overhead electric service provider in the State of New York in reliability and customer satisfaction.”prnewswire.com. The agreement was touted as cost-saving (about $17 million less to ratepayers over five years) and performance-based (tying more than half of
16 October 2025
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Stock Market Today

Nvidia stock price rebounds nearly 8% as AI spending race heats up — what to watch next week

Nvidia stock price rebounds nearly 8% as AI spending race heats up — what to watch next week

7 February 2026
New York, Feb 7, 2026, 06:20 EST — Market closed. Nvidia shares climbed 7.9% on Friday, ending at $185.41 after a sharp, volatile swing that took the stock from as low as $172.62 to nearly $187. The move came as investors leaned back into chipmakers on the view that a new round of capital expenditures — spending on items such as data centers, servers and networking gear — will keep demand firm for Nvidia’s AI hardware. Nvidia rose 7.8% and helped lift the PHLX semiconductor index 5.7% on a day the Dow closed above 50,000, according to market data cited
Lucid stock jumps 14% as Dow tops 50,000 — what LCID investors watch next week

Lucid stock jumps 14% as Dow tops 50,000 — what LCID investors watch next week

7 February 2026
Lucid Group shares jumped 14% to $10.86 at Friday’s close, recovering from an 8% drop the previous day. The move followed a broad Wall Street rally that lifted high-volatility stocks. Lucid reported fourth-quarter deliveries of 5,345 vehicles and full-year deliveries of 15,841. Investors await Lucid’s Feb. 24 results for updates on cash and demand.
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