---
title: "Utilities Up on Defensive Bias - Utilities Roundup"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295980451.md"
description: "Utility stocks rose as investors rotated into the defensive sector amid weak retail sales data, viewing utilities as safer alternatives to cyclical sectors. Additionally, Fermi, a data-center and power startup co-founded by former Energy Secretary Rick Perry, signed an agreement with a cloud-computing company to develop a massive data center in the Texas Panhandle."
datetime: "2026-08-14T21:49:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295980451.md)
  - [en](https://longbridge.com/en/news/295980451.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295980451.md)
---

# Utilities Up on Defensive Bias - Utilities Roundup

Shares of power producers rose as traders rotated back into the defensive sector following weak retail-sales data. Utilities are viewed as safer alternatives to cyclical sectors due to the evergreen nature of their businesses.

Fermi, the troubled data-center and power startup co-founded by former Energy Secretary Rick Perry, signed a deal with a cloud-computing company to develop a massive data center in the Texas Panhandle.

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

August 14, 2026 17:40 ET (21:40 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

### Related Stocks

- [FRMI.US](https://longbridge.com/en/quote/FRMI.US.md)
- [VPU.US](https://longbridge.com/en/quote/VPU.US.md)
- [XLU.US](https://longbridge.com/en/quote/XLU.US.md)
- [CGW.US](https://longbridge.com/en/quote/CGW.US.md)
- [JXI.US](https://longbridge.com/en/quote/JXI.US.md)
- [PHO.US](https://longbridge.com/en/quote/PHO.US.md)

## Related News & Research

- [Fermi Sees Unusually Large Options Volume (NASDAQ:FRMI)](https://longbridge.com/en/news/295587518.md)
- [Fermi Lands $6.5 Billion AI Data Center Deal With TensorWave](https://longbridge.com/en/news/295533048.md)
- [AI nuclear power firm Fermi finally has a new CEO](https://longbridge.com/en/news/295716708.md)
- [Batten down the hatches and allocate defensively because global liquidity has peaked, argues veteran strategist](https://longbridge.com/en/news/295919967.md)
- [Why Fermi stock is down 10% today](https://longbridge.com/en/news/295836378.md)