From Yahoo Finance: 2025-05-01 05:53:00

The International Energy Agency predicts a doubling in global electricity demand from data centers by 2030, exceeding Japan’s current consumption. Big-tech companies are turning to fossil fuels, including natural gas and nuclear energy, to power data centers amid rising gas prices and efforts to triple nuclear capacity by 2050.

Prairie Operating Co. (PROP) stock surged this week after Piper Sandler initiated coverage with an Overweight rating and a $11 price target. The company is expected to deliver organic oil growth and double-digit CAGR into FY 2026. Despite PROP ranking 9th in energy stock gains, AI stocks are seen as more promising for higher returns within a shorter timeframe.



Read more at Yahoo Finance: Why Prairie Operating Co. (PROP) Stock is Gaining This Week