Trump promotes coal for AI energy, tech industry focuses on natural gas for lower emissions.
From Yahoo Finance: 2025-05-20 13:34:00
- US President Donald Trump signs executive orders to revive coal industry to meet energy demand for AI data centers.
- Trump promotes coal as power source for AI, calls on tech companies to use coal as backup despite industry’s focus on renewable energy and nuclear power.
- Tech industry acknowledges need for fossil fuel generation for AI, focusing on natural gas due to lower CO2 emissions than coal.
- Hedge funds show interest in AI stocks, with popular picks among hedge funds as of Q4 2024.
- Salesforce Inc. (NYSE:CRM) gains attention for AI-powered platform Agentforce, with JMP analyst reiterating "Market Outperform" rating and $430.00 price target.
- Salesforce adapts pricing strategy for Agentforce AI platform to meet market demands and customer needs, positioning for future growth.
- CRM ranks 6th on AI stocks list, promising returns, limited downside risk. For potential high-return AI stock, check out report on "cheapest AI stock" with 100x upside potential.
Read more at Yahoo Finance: JMP Reiterates Outperform on Salesforce (CRM), Cites Agentforce Pricing Shift