Latest news with #TheAESCorporation
Yahoo
30-05-2025
- Business
- Yahoo
Here is Why The AES Corporation (AES) Declined This Week
The share price of The AES Corporation (NYSE:AES) fell by 10.41% between May 20 and May 27, 2025, putting it among the Energy Stocks that Lost the Most This Week. Let's shed some light on the development. An executive in a power plant control booth overseeing the efficient energy production. The AES Corporation (NYSE:AES), together with its subsidiaries, operates as a power generation and utility company in the United States and internationally. A number of factors have put downward pressure on the share price of The AES Corporation (NYSE:AES) this month. The company reported lower-than-expected results for its Q1 2025, missing estimates in both earnings and revenue. Moreover, AES has suffered a blow from President Trump's tax bill, with a potential slowdown expected in the renewable business outlook starting in 2027 and beyond. The wind and solar industries, in particular, have suffered a setback, and AES has been investing in these two renewable sectors since 2002. Lastly, The AES Corporation (NYSE:AES) was recently downgraded by analysts at Jeffries and Argus Research due to concerns about the company's future, particularly in the renewable sector. While we acknowledge the potential of AES to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than AES and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 10 Cheap Energy Stocks to Buy Now and 10 Most Undervalued Energy Stocks to Buy According to Hedge Funds Disclosure: None. Sign in to access your portfolio
Yahoo
29-05-2025
- Business
- Yahoo
Here is Why The AES Corporation (AES) Declined This Week
The share price of The AES Corporation (NYSE:AES) fell by 10.41% between May 20 and May 27, 2025, putting it among the Energy Stocks that Lost the Most This Week. Let's shed some light on the development. An executive in a power plant control booth overseeing the efficient energy production. The AES Corporation (NYSE:AES), together with its subsidiaries, operates as a power generation and utility company in the United States and internationally. A number of factors have put downward pressure on the share price of The AES Corporation (NYSE:AES) this month. The company reported lower-than-expected results for its Q1 2025, missing estimates in both earnings and revenue. Moreover, AES has suffered a blow from President Trump's tax bill, with a potential slowdown expected in the renewable business outlook starting in 2027 and beyond. The wind and solar industries, in particular, have suffered a setback, and AES has been investing in these two renewable sectors since 2002. Lastly, The AES Corporation (NYSE:AES) was recently downgraded by analysts at Jeffries and Argus Research due to concerns about the company's future, particularly in the renewable sector. While we acknowledge the potential of AES to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than AES and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 10 Cheap Energy Stocks to Buy Now and 10 Most Undervalued Energy Stocks to Buy According to Hedge Funds Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23-05-2025
- Business
- Yahoo
Why AES Corporation (AES) Crashed Today
We recently published a list of . In this article, we are going to take a look at where AES Corporation (NYSE:AES) stands against other firms that are drenched in red today. Ten companies pulled back on Wednesday, booking hefty losses during the trading session, with investor sentiment weighed down by a flurry of government policies and dismal earnings performance in the last quarter of the year. Meanwhile, the Dow Jones fell by 1.91 percent, the S&P 500 declined by 1.61 percent, and the tech-heavy Nasdaq dropped 1.41 percent. In this article, let us take a look at the 10 companies that led a poor performance during the day and explore the reasons behind their drop. To come up with the list, we considered only the stocks with a $2 billion market capitalization and $5 million in trading volume. An executive in a power plant control booth overseeing the efficient energy production. The AES Corporation fell for a sixth consecutive day on Wednesday, dropping 9.88 percent to end at $10.13 apiece as investors seemed unimpressed by its newly bagged deal with technology giant Meta Platforms Inc. On Wednesday, The AES Corporation (NYSE:AES) said that it entered into a long-term power purchase agreement to support Meta's data centers with 650 MW of solar projects. 'By providing energy solutions that offer fast time-to-power and low-cost electricity, we continue to be the partner of choice for companies, like Meta, at the forefront of artificial intelligence innovation,' said The AES Corporation (NYSE:AES) President and Chief Executive Officer Andrés Gluski. Additionally, The AES Corporation (NYSE:AES) said the partnership will boost employment opportunities for communities in Texas and Kansas. The AES Corporation (NYSE:AES) is one of the leading US-based global power companies, with 32.7 GW in operation, a backlog of 12.3 GW of signed long-term PPAs, and a pipeline of 65 GW. Overall, AES ranks 2nd on our list of firms that are drenched in red today. While we acknowledge the potential of AES as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than AES but that trades at less than 5 times its earnings, check out our report about this . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
22-05-2025
- Business
- Yahoo
Why AES Corporation (AES) Crashed Today
We recently published a list of . In this article, we are going to take a look at where AES Corporation (NYSE:AES) stands against other firms that are drenched in red today. Ten companies pulled back on Wednesday, booking hefty losses during the trading session, with investor sentiment weighed down by a flurry of government policies and dismal earnings performance in the last quarter of the year. Meanwhile, the Dow Jones fell by 1.91 percent, the S&P 500 declined by 1.61 percent, and the tech-heavy Nasdaq dropped 1.41 percent. In this article, let us take a look at the 10 companies that led a poor performance during the day and explore the reasons behind their drop. To come up with the list, we considered only the stocks with a $2 billion market capitalization and $5 million in trading volume. An executive in a power plant control booth overseeing the efficient energy production. The AES Corporation fell for a sixth consecutive day on Wednesday, dropping 9.88 percent to end at $10.13 apiece as investors seemed unimpressed by its newly bagged deal with technology giant Meta Platforms Inc. On Wednesday, The AES Corporation (NYSE:AES) said that it entered into a long-term power purchase agreement to support Meta's data centers with 650 MW of solar projects. 'By providing energy solutions that offer fast time-to-power and low-cost electricity, we continue to be the partner of choice for companies, like Meta, at the forefront of artificial intelligence innovation,' said The AES Corporation (NYSE:AES) President and Chief Executive Officer Andrés Gluski. Additionally, The AES Corporation (NYSE:AES) said the partnership will boost employment opportunities for communities in Texas and Kansas. The AES Corporation (NYSE:AES) is one of the leading US-based global power companies, with 32.7 GW in operation, a backlog of 12.3 GW of signed long-term PPAs, and a pipeline of 65 GW. Overall, AES ranks 2nd on our list of firms that are drenched in red today. While we acknowledge the potential of AES as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than AES but that trades at less than 5 times its earnings, check out our report about this . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Miami Herald
06-05-2025
- Business
- Miami Herald
AI Fund Closes Oversubscribed $190 Million Fund II to Co-Found AI Startups
Press Releases AI Fund Closes Oversubscribed $190 Million Fund II to Co-Found AI Startups Venture studio expands its mission to work with entrepreneurs to build AI startups, providing hands-on support and early-stage funding to solve real-world challenges. AI Fund , the venture studio founded by renowned AI pioneer and entrepreneur Andrew Ng, today announced the successful closing of its second fund, raising approximately $190 million in an oversubscribed round. This builds on the success of the studio's first $175 million fund and reflects the growing demand for AI-driven innovation across industries. "AI technology advances over the past few years are creating a golden age for founding startups," said Ng, Managing General Partner. "With AI technology giving us increasingly better building blocks for developing software, plus the cost of prototyping plummeting because of AI assisted coding, we can create new startups faster and more efficiently than was ever possible before." A High-Impact Model for Building AI Startups AI Fund's venture studio model gives entrepreneurs a distinct advantage by combining deep AI expertise, market validation, and hands-on talent acquisition support. From ideation to launch, the studio partners with 0-to-1 entrepreneurs to shape the vision, build products, and assemble top-tier technical and leadership teams. This approach fast-tracks AI-powered solutions to market. Under Ng's leadership, AI Fund works alongside entrepreneurs to build companies focused on the application and software infrastructure layers of the AI stack, leveraging foundation models to develop solutions across multiple sectors. The studio's portfolio includes ventures in financial services, renewable energy, future of work, education, logistics, healthcare, and developer tools. Backing from Global Corporations AI Fund's latest fundraise attracted a number of corporate limited partners (LPs), including The AES Corporation; HP Inc.; Mitsui & Co., Ltd.; Mitsubishi Corporation; QBE; and TELUS Global Ventures; among other notable venture capital investors such as Sequoia Capital and NEA. These corporate LPs are among the leaders in their industries that span technology, energy, financial services, healthcare, industrials, and real estate. AI Fund's corporate LPs have a global presence, with operations spanning nearly every continent. The participation of these global corporate partners not only signals confidence in AI Fund's approach, but also reflects the collaborative foundation on which many of the fund's most promising ventures are built: "Many of our ideas originate from close collaborations with corporate partners and VCs who identify critical gaps in their industries, allowing us to launch businesses with built-in customers, proprietary data sets, and market traction," said Warren Packard, Partner at AI Fund. "By bringing together corporate insights and entrepreneurial energy, we create companies that are positioned for long-term success." "We believe AI Fund has a clear eye for what's next, and the ability to turn bold ideas into high-impact ventures," said Carmen Chang, Partner and Head of Asia, NEA. "As returning investors, we've seen how their model gives founders an edge in a fast-moving and increasingly competitive AI market. We're excited to continue supporting Andrew Ng and the team as they help shape the future of AI and its real-world impact." "The next wave of AI innovation won't just be about breakthroughs in technology-it will be about how we build, scale, and apply those breakthroughs," said Andrés Gluski, CEO of The AES Corporation, "AI Fund is cultivating the kind of entrepreneurial rigor and technical depth needed to shape solutions that matter. We're excited to partner with AI Fund on a model that pairs visionary thinking with real-world execution." "At HP, we are on a mission to create meaningful AI experiences that drive growth and more fulfilling work experiences for people everywhere," said Enrique Lores, President and CEO, HP Inc. "Our investment in AI Fund reflects our dedication to catalyzing the development of new experiences that allow users to benefit from AI at the edge. By supporting software innovators and startups, we aim to foster the entrepreneurial spirit needed to develop impactful AI solutions that will shape the future of work." Investing in the Future of AI AI Fund has been building AI startups since long before the widespread rise of tools like ChatGPT and the recent AI boom. With its latest fund, it will continue co-founding companies that leverage the latest technologies like agentic AI, reasoning models, and multi-modal AI. "AI Fund is oriented to moving fast in how we build companies," said Ng. "Building startups is hard, and by systematically approaching the many steps of early stage startup building, such as ideation, having customer conversations, prototyping, product and engineering work, recruiting elite talent, acquiring capital, and so on, we minimize bottlenecks and help companies go much faster." For more information, visit . ABOUT AI FUND: AI Fund is a venture studio that strives to move humanity forward by accelerating the adoption of AI. We work with entrepreneurs to build companies rapidly and increase their odds of success. The studio is supported by top-tier VCs and partners including Sequoia Capital, NEA, AES, and Nikkei. Learn more at . MEDIA CONTACT: Lauren Gill, MAG PR at E: lauren@ ; P: 978-473-1362 # # # SOURCE: AI Fund
