Latest news with #S&P100
Yahoo
30-05-2025
- Business
- Yahoo
Is Realty Income's (O) 9-Year Low a Golden Opportunity for Dividend Investors?
Realty Income (O), the self-proclaimed 'Monthly Dividend Company,' is now trading at levels not seen since 2016, a nearly decade-long period of flat capital gains that's tough to stomach for any investor. High interest rates in recent years have prompted investors to seek higher-yielding alternatives, thereby compressing the stock's valuation. Yet, after this rough patch, the Realty Income is looking mighty appealing, boasting a sturdy 5.63% dividend yield while steadily hiking its payout. For this reason, I am bullish on the stock from its current levels. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter To begin with, despite the lackluster sentiment surrounding the stock, there are several reasons to like Realty Income today. Notably, the REIT has been busy stretching its legs beyond the U.S., and it's paying off in a big way. In Q1, the company deployed $1.4 billion into investments, with a notable $893 million allocated to Europe at a 7.0% cash yield. A standout move was their €527 million deal with Decathlon, a global sporting goods giant, adding prime commercial properties in the U.K. and Spain to their portfolio. Realty Income is securing long-term, stable leases with top-tier tenants, locking in steady cash flow to support its monthly dividends. I particularly appreciate seeing the company not just chase new markets, but also intelligently diversify its asset mix. While retail still dominates at 79.9% of their portfolio, they're leaning into industrial properties (14.4%) and even dipping their toes into gaming and data centers. Their joint venture with Digital Realty to develop hyperscale data centers for an S&P 100 company demonstrates that they're not afraid to pivot toward high-growth sectors. This global and sectoral spread cushions them against regional slumps, keeping the revenue engine humming. However, beyond the recent investments, Realty Income's core portfolio remains a well-oiled machine, consistently generating dependable rental income. In Q1, the REIT reported revenue of $1.38 billion, blowing past estimates of $1.27 billion. Same-store rental revenue increased by 1.3% year-over-year, a modest yet steady rise that reflects the strength of their 15,627 properties, leased to 1,598 clients across 91 industries. With a 98.5% occupancy rate and a rent recapture rate of 103.9%, they're squeezing every penny out of their leases, even in a tricky economic climate. You have to admit, it is how they manage this growing empire. Long-term net leases, averaging 9.1 years, secure reliable tenants such as Amazon (AMZN) and Starbucks (SBUX), which consistently pay the rent. The stability provided by such dependable tenants is the backbone of the REIT's ability to pay and grow dividends without issue, even in challenging environments within the retail real estate market. Turning to the bottom line, Realty Income's AFFO per share highlights the REIT's solid profitability. In its latest report, AFFO per share came in at $1.06, a 2.9% increase year over year. While not explosive, this steady growth reflects accretive investments—those that enhance shareholder value on a per-share basis. To put that in perspective, the company achieved a 4.8% increase in AFFO per share last year, marking 14 consecutive years of growth. That level of consistency is exactly what long-term income investors look for. This steady performance is also what underpins Realty Income's reliable dividend increases. With 2025 guidance calling for AFFO per share between $4.22 and $4.28—up from $4.19 last year—the REIT is on track for another year of solid bottom-line expansion. As a result, there remains ample room for continued dividend growth, evidenced by the fact that the company has already raised its payout twice this year. After years of underperformance, Realty Income's stock now offers a compelling 5.63% dividend yield—a rare figure for a Dividend Aristocrat with a 28-year track record of uninterrupted dividend growth. Since going public in 1994, the company has raised its dividend 110 times, often more than once per year. Its monthly payout schedule is an added bonus for income-focused investors seeking consistent cash flow. What makes this yield particularly attractive is the underlying strength of the business. Both revenue and AFFO per share are on an upward trajectory, supporting a strong investment case that blends dependable income with steady growth. If interest rates begin to decline in the medium term, there's also the potential for a valuation re-rating, adding a layer of upside to an already appealing income play. Despite the lackluster returns in recent years, Realty Income's investment case seems cloudy to Wall Street analysts. Specifically, Realty Income stock has a Hold consensus rating based on three Buys and ten Holds over the past three months. At $60.75, the average O stock price target implies an upside potential of ~9% over the next twelve months. Realty Income's pullback to 2016 price levels presents a rare opportunity to acquire a high-quality REIT at a compelling valuation. With a diversified global portfolio, consistent AFFO per share growth, and a strong foundation for long-term performance, the company remains well-positioned for the future. The ~5% dividend yield—supported by nearly 30 years of uninterrupted dividend increases—stands out as a valuable find in today's uncertain market environment. For income-focused investors, this may be an ideal moment to secure reliable cash flow and benefit from Realty Income's track record of resilience. Disclaimer & DisclosureReport an Issue
Yahoo
30-05-2025
- Business
- Yahoo
Is Realty Income's (O) 9-Year Low a Golden Opportunity for Dividend Investors?
Realty Income (O), the self-proclaimed 'Monthly Dividend Company,' is now trading at levels not seen since 2016, a nearly decade-long period of flat capital gains that's tough to stomach for any investor. High interest rates in recent years have prompted investors to seek higher-yielding alternatives, thereby compressing the stock's valuation. Yet, after this rough patch, the Realty Income is looking mighty appealing, boasting a sturdy 5.63% dividend yield while steadily hiking its payout. For this reason, I am bullish on the stock from its current levels. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter To begin with, despite the lackluster sentiment surrounding the stock, there are several reasons to like Realty Income today. Notably, the REIT has been busy stretching its legs beyond the U.S., and it's paying off in a big way. In Q1, the company deployed $1.4 billion into investments, with a notable $893 million allocated to Europe at a 7.0% cash yield. A standout move was their €527 million deal with Decathlon, a global sporting goods giant, adding prime commercial properties in the U.K. and Spain to their portfolio. Realty Income is securing long-term, stable leases with top-tier tenants, locking in steady cash flow to support its monthly dividends. I particularly appreciate seeing the company not just chase new markets, but also intelligently diversify its asset mix. While retail still dominates at 79.9% of their portfolio, they're leaning into industrial properties (14.4%) and even dipping their toes into gaming and data centers. Their joint venture with Digital Realty to develop hyperscale data centers for an S&P 100 company demonstrates that they're not afraid to pivot toward high-growth sectors. This global and sectoral spread cushions them against regional slumps, keeping the revenue engine humming. However, beyond the recent investments, Realty Income's core portfolio remains a well-oiled machine, consistently generating dependable rental income. In Q1, the REIT reported revenue of $1.38 billion, blowing past estimates of $1.27 billion. Same-store rental revenue increased by 1.3% year-over-year, a modest yet steady rise that reflects the strength of their 15,627 properties, leased to 1,598 clients across 91 industries. With a 98.5% occupancy rate and a rent recapture rate of 103.9%, they're squeezing every penny out of their leases, even in a tricky economic climate. You have to admit, it is how they manage this growing empire. Long-term net leases, averaging 9.1 years, secure reliable tenants such as Amazon (AMZN) and Starbucks (SBUX), which consistently pay the rent. The stability provided by such dependable tenants is the backbone of the REIT's ability to pay and grow dividends without issue, even in challenging environments within the retail real estate market. Turning to the bottom line, Realty Income's AFFO per share highlights the REIT's solid profitability. In its latest report, AFFO per share came in at $1.06, a 2.9% increase year over year. While not explosive, this steady growth reflects accretive investments—those that enhance shareholder value on a per-share basis. To put that in perspective, the company achieved a 4.8% increase in AFFO per share last year, marking 14 consecutive years of growth. That level of consistency is exactly what long-term income investors look for. This steady performance is also what underpins Realty Income's reliable dividend increases. With 2025 guidance calling for AFFO per share between $4.22 and $4.28—up from $4.19 last year—the REIT is on track for another year of solid bottom-line expansion. As a result, there remains ample room for continued dividend growth, evidenced by the fact that the company has already raised its payout twice this year. After years of underperformance, Realty Income's stock now offers a compelling 5.63% dividend yield—a rare figure for a Dividend Aristocrat with a 28-year track record of uninterrupted dividend growth. Since going public in 1994, the company has raised its dividend 110 times, often more than once per year. Its monthly payout schedule is an added bonus for income-focused investors seeking consistent cash flow. What makes this yield particularly attractive is the underlying strength of the business. Both revenue and AFFO per share are on an upward trajectory, supporting a strong investment case that blends dependable income with steady growth. If interest rates begin to decline in the medium term, there's also the potential for a valuation re-rating, adding a layer of upside to an already appealing income play. Despite the lackluster returns in recent years, Realty Income's investment case seems cloudy to Wall Street analysts. Specifically, Realty Income stock has a Hold consensus rating based on three Buys and ten Holds over the past three months. At $60.75, the average O stock price target implies an upside potential of ~9% over the next twelve months. Realty Income's pullback to 2016 price levels presents a rare opportunity to acquire a high-quality REIT at a compelling valuation. With a diversified global portfolio, consistent AFFO per share growth, and a strong foundation for long-term performance, the company remains well-positioned for the future. The ~5% dividend yield—supported by nearly 30 years of uninterrupted dividend increases—stands out as a valuable find in today's uncertain market environment. For income-focused investors, this may be an ideal moment to secure reliable cash flow and benefit from Realty Income's track record of resilience. 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USA Today
01-05-2025
- Business
- USA Today
'We are going to have a system of merit': Trump White House vows to kill DEI
'We are going to have a system of merit': Trump White House vows to kill DEI Show Caption Hide Caption 100 days of Trump: 3 key changes impacting people across America 100 days after returning to power, Donald Trump is charging ahead with tariffs, an immigration crackdown and federal cuts, including dismantling DEI. The White House put corporate America on notice that President Donald Trump plans to replace diversity, equity and inclusion with a 'system of merit.' Appearing alongside press secretary Karoline Leavitt during a Thursday morning briefing, White House Deputy Chief of Staff Stephen Miller trumpeted the president's efforts to dismantle DEI in the federal government and the private sector. "This administration is not going to let our society devolve into communist, woke, DEI strangulation," Miller said. "It's not just a social and cultural issue, it's an economic issue,' he continued. 'When you hire, retain and recruit based on merit as President Trump has directed, you advance innovation, you advance growth, you advance investment, you advance job creation." Trump's anti-DEI campaign began during his first term but is in hyperdrive in his second. He has purged diversity initiatives in the federal government and the military, threatened to strip billions of dollars in federal funding and grants from universities and pressured major corporations to roll back diversity initiatives or risk losing federal contracts. His actions have led to widespread changes in diversity programs at major corporations across the country. Leavitt told reporters Trump is standing by 'the constitution's promise of colorblind equality.' 'DEI seeks to divide and pit Americans against each other based on immutable characteristics. President Trump put an end to it,' she said. 'In President Trump's America, individual dignity, hard work and excellence are the only things that will determine if you get ahead.' Trump wants to destroy DEI. But is America really giving up 'woke ideology?' DEI initiatives to increase the persistently low percentage of female, Black and Hispanic executives took firmer hold after George Floyd's 2020 murder forced a historic reckoning with racial disparities in America. Between 2020 and 2022, the number of Black executives rose by nearly 27% in S&P 100 companies, according to a USA TODAY analysis of workforce data collected by the federal government. That momentum drew a forceful backlash. In 2023, the ranks of Black executives fell 3% from the prior year at twice the rate of White executives, USA TODAY found. Chief among the DEI critics was Miller, a veteran of Trump's first administration. His America First Legal advocacy organization issued a slew of legal challenges objecting to common practices such as setting diversity hiring targets. Those targets, Miller said, were illegal racial quotas for women and people of color. "We are going to have a system of merit," Miller said Thursday. DEI proponents say DEI is not at odds with merit. In fact, they say, DEI is critical to build systems that ensure individuals are rewarded on merit alone. 'The highest-performing organizations know that having a meritocracy means you need to make sure that diverse candidates have the same chance to show their merit as others,' Paul Argenti, a professor of corporate communication at Dartmouth, wrote in a LinkedIn post championing the business case for diversity. USA TODAY reported Thursday that the business world does not appear ready to give up DEI despite the growing pressure from the Trump administration. Even as some corporations scrap commitments, others including Costco, Marriott, Starbucks and Cisco, have publicly defended DEI. The 'silent majority' is continuing the work despite growing political pressure to defund DEI, sociology professor Donald Tomaskovic-Devey told USA TODAY. Just 8% of business leaders surveyed by the Littler law firm are seriously considering changes to their DEI programs as a result of the Trump administration's executive orders. Nearly half said they do not have plans for new or further rollbacks. 'The vast majority of organizations have simply gone quiet, neither retreating from or defending their DEI programs in the public square,' said Tomaskovic-Devey, who runs the Center for Employment Equity at the University of Massachusetts, Amherst.
Mint
30-04-2025
- Business
- Mint
‘Tariff' mentions spike 132% in earnings calls. ‘Uncertainty' pops, too.
Tariffs are top of mind for U.S. corporate executives, as evidenced by their comments during first-quarter earnings season, now roughly at its midpoint. The assessments of the 50 or so S&P 100 companies that had reported through Tuesday morning varied greatly, however. Some companies offered a detailed analysis of the negative impact tariffs would have, while others said they weren't yet concerned. Barron's combed through the earnings-call transcripts of these companies with the assistance of AlphaSense, and found a 132% increase in mention of 'tariffs" in the past 90 days compared with the previous quarter, and a 20% increase in the word 'uncertainty," presumably resulting from the Trump administration's tariff policy, unveiled April 2. That lack of certainty is already creating shock waves through the economy by pausing business activity, shaking consumer confidence, and hampering companies' ability to make projections for the year ahead. 'The world hasn't been faced with such enormous potential impacts to trade in more than 100 years, so the only thing we're certain of is we don't know which, if any, of our scenarios will play out," said Carol Tomé, CEO of UPS, on a call with investors Tuesday. ('Uncertainty" cropped up 22 times throughout the course of UPS' earnings call.) Here are seven other takeaways from earnings season so far: Investors were anxious to hear company commentary about how tariffs would affect the economy at large. Many executive teams obliged them, largely noting that higher levies would have a negative impact on the economy. Most, however, added a caveat that the effects won't be evident until the tariff levels are settled. 'The simple truth today is that we don't yet know where trade policy will settle, nor do we know what the actual transmission effects will be on the real economy," said Morgan Stanley CEO Ted Pick, adding that the consensus among economists is for softer growth this year. Goldman Sachs' expectation for growth in the U.S. has fallen 'meaningfully" to 0.5% from over 2%, said Goldman Sachs CEO David Solomon, adding that the prospect of a recession had increased. Bank of New York Mellon CEO Robin Vince had a similar message: 'The read-through of this uncertainty into both capital markets and the real economy creates elevated risks in the near- and medium-term," he said. Given that spending accounts for roughly 70% of U.S. gross domestic product, it isn't surprising that businesses are tracking consumer activity as they make their forecasts for the year. The general gist is that consumers are hanging in there, but tariff anxiety is driving their spending. Some Americans are pulling their spending forward to try to get ahead from tariffs. Others have halted shopping altogether until they have more clarity on the tariff environment. 'The consumer has been hit with a lot, and that's a lot to process. So, what we're seeing, I think, is a logical response from the consumer to pause," said Procter & Gamble Chief Financial Officer Andre Schulten. Wealthier Americans may be an exception. American Express, which caters to higher-income consumers, said that the company isn't seeing any changes to shopping behavior. 'Our card members may say they don't have any confidence in the economy, but they still continue to spend," said American Express CEO Stephen Squeri. Several companies noted that the uncertainty surrounding tariffs is making businesses hesitant about investment decisions. That means they are delaying stocking up on inventory (or in some cases, overstocking), hiring, and dealmaking. 'Everyone would like less uncertainty and more clarity on forward policy, and that's what we're hearing from clients," Goldman Sach's Solomon said. 'They want to understand where the policy will settle out so that they can make capital decisions, investment decisions, planning decisions." Even technology companies that derive a big chunk of their revenue from services, rather than hardware, could see a slowdown as policy settles. 'In the near term, uncertainty may cause clients to pause and take a wait-and-see approach," said IBM CEO Arvind Krishna. He added that the company's consulting business was also 'more susceptible" to discretionary pullbacks and government cuts. Small and medium-size businesses could be big drivers of the pullback in spending. Many source directly from China, and while they are working with manufacturers to move to different countries, they don't have the size advantage or financial flexibility that bigger players do to diversify their supply chain, UPS's Tomé said. All the uncertainty has made it hard for companies to make accurate projections for the year ahead, and as a result, 'S&P 500 companies have gotten creative with how they are talking about the future," notes Callie Cox, chief market strategist at Ritholtz Wealth Management. PepsiCo aimed to rerate investor expectations from the get-go and lowered full-year earnings guidance, citing more volatility ahead and a subdued consumer environment. Some firms decided to do away with guidance altogether, including airlines American, Southwest, and Alaska. General Motors pulled its profit guidance for 2025, saying the prior forecast 'can't be relied upon." Most companies, however, maintained guidance for the year. Some of these, such as science-equipment producer Danaher, said their guidance was unchanged because they believe they can completely offset the projected tariff impact. Others, like defense and aerospace giant RTX, maintained guidance but noted that tariff impacts weren't factored into their outlook for the year. 3M executives reiterated its earnings guidance, but said tariffs could crimp earnings per share by anywhere from 20 cents to 40 cents a share, barring any mitigation strategies. Even in the midst of the chaos, there were still a few guidance raises. AbbVie tweaked its adjusted earnings per share guidance higher—but it doesn't reflect any shifts in trade policy, including the potential for pharmaceutical-specific tariffs. 'It's premature to speculate on the impact, and once we have that information, we'll communicate at the appropriate time," said AbbVie CEO Robert Michael. Other healthcare also companies refrained from making sweeping guidance changes until the sector's tariffs are completed. Companies are pursuing a host of initiatives to soften the tariff blow. The main efforts are tied to shuffling about supply chains, including diversifying countries of origin and sourcing products in the U.S. Firms are also negotiating with vendors to try to share the burden of higher import costs, and trimming costs across the business to redirect toward the import tax. Hasbro, for instance, said it was accelerating its cost-cutting program and is now aiming to save $175 million to $225 million this year. If all else fails, most will resort to an age-tested solution: raising prices. The problem—as Colgate-Palmolive CEO Noel Wallace explained—is that if consumer demand falls, companies will have less wiggle room to hike prices. 'The pricing environment will continue to be challenging, I think, in terms of where things go now," Wallace said. 'As tariffs take hold, I think everyone will be looking for ways to create value in the category that will be principally driven, in my view, through innovation. But there will be some pricing that will have to take place in certain markets around the world." Business-facing enterprises may have more flexibility to increase prices than consumer-facing ones. While most companies were bracing investors for the havoc that accompanies higher tariffs, a lucky few indicated they weren't too concerned about the levies. Telecommunications firms, for instance, felt confident that consumers weren't going to shut down their phone lines, and that they would be able to pass on any phone price increases to the consumer. 'Whenever I get asked about the economy, my first answer is we're not really the people to ask," said Mike Sievert, CEO at T-Mobile. 'I mean, we're probably the least canary in your coal mine because people feel so strongly about this category that we'll find a way to keep paying their bills." Netflix's executive team struck a confident tone as well, noting that home entertainment becomes 'really important" to households in tougher economies. Renewable energy provider NextEra Energy estimates that tariffs will affect capital spend for its energy resource segment by less than 0.2%, which could even be negotiated down to zero. 'When I think about where we stand, I feel very good about tariffs. It's just not going to have much of an impact at all on our business," said CEO John Ketchum. Some companies sought to reassure investors that they were engaging with the administration to eke out the best deal for the industry. 'I don't think a day goes by where we aren't engaged with someone in the administration, including cabinet secretaries and up to POTUS himself," said Boeing CEO Kelly Ortberg. 'So we're spending a lot of time making sure the administration understands the implications of either short-term or long-term tariffs on not just our company, but the overall aviation industry here in the U.S.," he added. That said, firms are toeing a fine line between advocating for softer tariffs, and staying on the president's good side. 'We have been, I think, full-throated in our support of the administration's efforts to support American competitiveness and revitalize American manufacturing. We're well-aligned in that regard," said GE Aerospace CEO Lawrence Culp. 'But it's easy to overlook the $75 billion trade surplus the sector enjoys largely on the back of this tariff-free regime that we've had since 1979. So, all we have suggested, as the administration works through a myriad of issues, is that they consider the position of strength that the country enjoys as a result of this tariff-free regime and to consider re-establishing the same." Write to Sabrina Escobar at
Yahoo
30-04-2025
- Business
- Yahoo
Buyer's Remorse Hits Finance Bosses Who ‘Overhired' for ESG
(Bloomberg) -- There's a course-correction underway among financial firms that went all out on ESG hiring just a few years back, according to recruiters advising banks and money managers. New York City Transit System Chips Away at Subway Fare Evasion NYC's Congestion Toll Raised $159 Million in the First Quarter The Last Thing US Transit Agencies Should Do Now At Bryn Mawr, a Monumental Plaza Traces the Steps of Black History At the National Public Housing Museum, an Embattled Idea Finds a Home Firms have had to acknowledge that the goal of generating the highest profits often 'isn't aligned with the social and environmental aspirations of the types of people they hired,' says Tom Strelczak, a London-based partner focused on sustainability at Madison Hunt, where he oversees the firm's European business. After having 'overhired in a very evangelical and philosophical way,' many financial companies are now avoiding some of the ESG (environmental, social and governance) profiles they targeted just a few years ago, he said in an interview. The pandemic-era, zero interest-rate environment in which ESG enjoyed its heyday drove a hiring boom across the finance industry less than half a decade ago. However, that sense of exuberance around ESG quickly faded when interest rates started to rise and green investment returns faltered. In the US, the Republican Party seized on the moment to launch a full-scale attack on ESG, characterizing it as a 'woke' perversion of capitalism. The political backlash — which intensified after Donald Trump's return to the White House — sent a chill through the US finance industry, where labels like ESG and DEI (diversity, equity and inclusion) are rapidly being jettisoned. Only a quarter of S&P 100 companies published reports with 'ESG' in the title last year, down from a peak of 40% in 2023, according to data provided by the Conference Board. In Europe, where ESG regulations are far more entrenched, the backlash has been less pronounced and more centered on implementation. But amid concerns that excessive ESG requirements were harming competitiveness in the bloc, European policymakers have agreed to wind back key planks of ESG corporate reporting requirements. The upshot is a broad-based retreat from the environmental and social principles that initially led financial firms to look for hires outside their usual stomping grounds. As a result, many of the climate scientists and campaigners from nonprofits who were hand-picked by financial firms just a few years back are now struggling to adapt to their employers' renewed focus on financial profits, Strelczak said. They're often 'frustrated and disillusioned,' he said. Scott Atkinson, global managing partner of the sustainability and climate practice at Heidrick & Struggles, says he's seeing a similar trend. 'Where we are right now is: Can you deliver returns at or above the level of traditional investments,' he said in an interview. Since 2022, when job growth for ESG professionals soared 120%, demand for such qualifications has ground to a virtual halt, according to data compiled for Bloomberg by Live Data Technologies, an employment researcher. Examples include adjustments that are being made at some of the world's biggest banks. In the UK, HSBC Holdings Plc recently parted ways with a chief sustainability officer whose background included more than six years at the nonprofit We Mean Business. Now, the CSO role no longer reports directly to the chief executive officer of Europe's largest bank, and is instead occupied by someone who used to be HSBC's head of global banking for the Middle East, North Africa, and Turkiye. The development is even more pronounced on the other side of the Atlantic. Wells Fargo & Co., which abandoned its net zero goals in February, has done away with the role of CSO. The highest ESG title at the bank is now its head of sustainability, which isn't part of the C-suite. On Wall Street, which has turned its back on net zero alliances, firms are dropping 'ESG' from job titles. And globally, less than 7% of people who took on an ESG role in 2020 still retain an ESG title today, according to figures provided by Live Data Technologies. The sustainability conference-circuit is also less active, with organizers looking for opportunities to save costs. For example, the annual GreenFin conference in New York, one of America's biggest sustainable finance gatherings, has now been combined with other climate-focused events. Trump's return to the Oval office, and his administration's vocal disdain for climate and DEI issues, has acted as a further brake on ESG hiring across America. In New York, the pace of year-on-year ESG job growth was just 1.5% in February after contracting in June by 1.8%, an all-time low, according to Revelio Labs, a firm that analyzes workforces. 'Trump has delayed any recovery from damage that was already done,' said Neil Farrell, a London-based recruiter who focuses on sustainability. Those ESG professionals still getting jobs tend to be specialized in the minutiae of things like European regulations, with almost 90% of CSOs saying they now spend more time on regulation and compliance than they used to, according to a recent survey by Weinreb Group. ESG professionals still have a place in the financial sector, said Ellen Weinreb, a sustainability recruiter in San Francisco. 'There are definitely still jobs out there,' she said. 'But fewer.' Here are five key takeaways from the first morning of the BNEF summit in New York: There's still a lot of money pouring into energy transition investments, with the figure topping $2 trillion in 2024 for the first time. The power outages in Spain and Portugal underscore the importance of reliable power grids. Trump chaos has foreign investment fleeing the US, but energy transition investment continues globally, said Ara Partners' Charles Cherington. Nuclear power will miss the AI data center demand boom, says BNEF nuclear analyst. Data center developers are approaching multiple utilities, leading to double-counting and swollen demand projections, Xcel's CEO Bob Frenzel says. (Adds reference to BNEF summit highlights in final paragraphs.) Made-in-USA Wheelbarrows Promoted by Trump Are Now Made in China As More Women Lift Weights, Gyms Might Never Be the Same Why US Men Think College Isn't Worth It Anymore The Mastermind of the Yellowstone Universe Isn't Done Yet Eight Charts Show Men Are Falling Behind, From Classrooms to Careers ©2025 Bloomberg L.P. Sign in to access your portfolio
