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Red-hot power stocks lose steam as data center demand faces pushback

Reported · Written up by our desk · Sectors

WSJ Markets reports that the surge in power-related stocks is running into headwinds as opposition to new data center developments complicates the outlook for power plant owners.

The outlet says the so-called data center backlash is shifting the narrative around demand growth and making it harder to underwrite the sector’s momentum.

For investors, the theme is that additional friction around new buildouts can affect timelines and expectations across the power value chain.

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