Rate cuts are likely to spark a rotation in the stock market. Here's how to capitalize on it.Artificial intelligence (AI) has dominated the stock market narrative since early 2023, but another storyline is gaining traction.After enduring interest rates over 5% for more than a year, investors are looking forward to interest rates coming down, and are rotating into small-cap stocks to prepare for that move. While the Federal Reserve held interest rates steady in its rate decision on Wednesday, Fed Chair Jerom ...

AI will need lots of power, which bodes well for Dominion Energy. Companies are pouring billions of dollars into artificial intelligence (AI). They're buying powerful processors developed by Nvidia and other chip companies to train AI applications. These AI training models and the applications to follow will reside in data centers. Because of that, these already power-hungry facilities will require even more electricity in the future. Few companies are in a better position to supply the power needs of AI in ...

Dominion Energy (D) reported $3.49 billion in revenue for the quarter ended June 2024, representing a yearover-year decline of 8.1%. EPS of $0.55 for the same period compares to $0.53 a year ago. The reported revenue represents a surprise of -6.11% over the Zacks Consensus Estimate of $3.71 billion. With the consensus EPS estimate being $0.58, the EPS surprise was -5.17%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine th ...

Dominion Energy Inc. (D) delivered second-quarter 2024 operating earnings of 55 cents per share, which lagged the Zacks Consensus Estimate of 58 cents by 5.2%. However, the second-quarter earnings increased 3.8% from 53 cents in the year-ago quarter. GAAP earnings were 65 cents compared with 67 cents in the year-ago quarter. The difference between GAAP and operating earnings includes a net benefit of 10 cents from discontinued operations. Revenues Revenues of $3.48 billion lagged the Zacks Consensus Estimat ...

Dominion Energy, Inc. (NYSE:D) Q2 2024 Earnings Conference Call August 1, 2024 10:00 AM ET Company Participants David McFarland - Vice President of Investor Relations and Treasurer Robert Blue - Chair, President and Chief Executive Officer Steven Ridge - Executive Vice President and Chief Financial Officer Diane Leopold - Executive Vice President and Chief Operating Officer Conference Call Participants Constantine Lednev - Guggenheim Partners Nicholas Campanella - Barclays Jeremy Tonet - JPMorgan Operator W ...

Dominion Energy is exploring the possibility of connecting a data center directly to a nuclear plant in Connecticut, as the tech sector hunts for carbon-free electricity to power artificial intelligence applications. The Millstone Power Station in Waterford, Connecticut provides more than 90% of the Nutmeg State's carbonfree power and generates enough electricity for nearly 2 million homes annually, according to Dominion. "We're certainly open to the idea of a co-located data center," Dominion CEO Robert Bl ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | --- | --- | --- | |---------------------------|-----------------------------------|--------------------------------------------------------------------------------------------- ...

Hand holding magnet. Attraction money. Businessman. Flat style. Earn money. Vector illustration. ... [+] Isolated on background getty Here's one thing most folks get wrong about dividend cuts: They can (and often do) set up terrific buying opportunities! I know, I know. Before our customer-service inbox lights up here at Contrarian Outlook, let me be clear that we dividend investors hate payout cuts. No one wants to see their income stream and their investment take a hit, as scorned investors toss the stock ...

Dominion Energy (D) came out with quarterly earnings of $0.55 per share, missing the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $0.53 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -5.17%. A quarter ago, it was expected that this energy company would post earnings of $0.51 per share when it actually produced earnings of $0.55, delivering a surprise of 7.84%. Over the last four quarters, the com ...

Exhibit 99 NEWS RELEASE August 1, 2024 Dominion Energy Announces Second-Quarter 2024 Earnings • Second-quarter 2024 GAAP net income of $0.65 per share; operating earnings (non-GAAP) of $0.65 per share • Company reaffirms all financial guidance provided at its March 1, 2024, investor meeting, including guidance related to earnings, credit, and dividend RICHMOND, Va. – Dominion Energy, Inc. (NYSE: D), today announced unaudited net income determined in accordance with Generally Accepted Accounting Principles ( ...