Energy and nuclear sectors surge on policy and AI demand

MSN
2026.05.20 15:23
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The energy sector is thriving due to rising oil and gas prices, with the XLE ETF up nearly 38% this year. The U.S. aims to quadruple nuclear capacity by 2050, boosting interest in uranium suppliers like Cameco. Additionally, NextEra's $66.8B acquisition of Dominion will form one of the largest utilities, enhancing infrastructure for the AI era.