American Electric Power is one of the largest electric utilities in the United States, providing energy to millions of customers across several states. The company generates, transmits, and distributes electricity, primarily through a diverse mix of coal, natural gas, nuclear, and renewable energy sources. In addition to delivering reliable power, AEP is focused on enhancing grid infrastructure, investing in cleaner energy technologies, and promoting sustainability initiatives. Through its various subsidiaries, the company also engages in energy marketing and trading, helping to optimize energy resources and support the broader energy market. Read More
American Electric Power is transforming into a critical infrastructure provider for the AI revolution, offering investors a unique way to play the tech boom.
The US stock market is currently experiencing a period of heightened volatility, with major indices showing mixed signals as investors grapple with economic uncertainties, evolving corporate earnings, and the lingering impact of trade policies. While the broader market has demonstrated resilience in recent months, certain key sectors, notably Technology, Utilities,
Let's delve into the developments on the US markets one hour before the close of the markets on Wednesday. Below, you'll find the top gainers and losers within the S&P500 index during today's session.
AEP reported strong Q2 results, with adjusted earnings of $1.43 per share and revenue of $5.09 billion. They also raised their full-year earnings guidance due to customer growth and regulatory outcomes.
Wall Street edged lower by midday Tuesday as uncertainty surrounding trade policies lingered, with investors adopting a cautious approach ahead of Wednesday’s Federal Reserve meeting.
