Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Forget AI Stocks: This Clean-Power Play Is the Real Winner

Key PointsArtificial intelligence is a relatively new technology, and it isn't yet clear who the big winners will be.

The article discusses the potential of clean energy stocks over artificial intelligence (AI) stocks. It points out that despite the hype around AI, many AI stocks such as SoundHound and Western Digital have seen significant declines, similar to the downfall of early internet giants like Yahoo! and America Online. The article highlights Brookfield Renewable (NYSE: BEP) as a better investment choice, citing its diversified portfolio of clean energy assets and its positive track record of increasing dividends at a 5% annualized pace over the past decade.

Brookfield Renewable also has strategic partnerships with AI-focused companies like Microsoft and Alphabet, making it a strong play on AI, clean energy, and broader economic growth. The article concludes by advising investors to consider Brookfield Renewable for its long-term growth potential, rather than trying to pick a single winner in the volatile AI sector.

Written by urgent.news from Yahoo Finance's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at nasdaq.com →

More in Finance & Markets

Sunbeth Redeems ₦25.1bn CP, Demonstrates Strong Liquidity, Investor Confidence

Sunbeth Global Concepts Limited, an agro-commodities sourcing and trading company, has announced the successful redemption of its ₦25.1 billion Series 1 Commercial Paper (CP) issued under its ₦200…

  • Sunbeth redeemed ₦25.1bn Series 1 CP on maturity date
  • Company attracted ₦165.73bn across 3 Commercial Paper Series
  • CEO credits disciplined financial management for redemption

More from Sunday 6 September →