Dividends and Constellation Energy Stock jumped on Meta deal

The biggest story for the next few years how artificial intelligence will affect the lives of everyone on the planet. We are aware that AI is coming as the chips to run the data crunching are getting better every year and there is heavy demand for the chips. This means that there are numerous ways to invest in the AI trade.

In an article by Avi Salzman, Mackenzie Tatananni and Joe Woelfel of Barron’s, Meta signed a deal with Constellation Energy to buy all the electricity produced by its Clinton, Illinois plant to power a data center. Clinton is located in the southwest part of the state and the deal is for 20 years of power.

As AI continues to make inroads into the world, there are a number of ways to invest and every month new AI ETFs will arise. Think of construction of a house, there are many different companies that are involved and it is the same with AI. There are hardware companies, software companies, energy companies, companies that produce the parts for the AI data centers, to make it safe – cybersecurity companies and the list goes on. Companies such as Vertiv Holdings, Emerson Electric, Eaton Corporation and the list goes on. Some of these companies have announced they have backlogs to do the work till 2027 and beyond. As an investor that is good news.

Linking to dividend paying stocks, in all areas of the stock market there are the higher profile companies than make the news more often. Then there are the steady performers who benefit from the high-profile companies because they work behind the scenes. As you do your homework, sometimes the ones behind the scenes are less volatile when markets go up and down.

There are more questions than answers, till the next time – to raising questions.

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