From Yahoo Finance: 2025-05-21 20:30:00

Ten companies, including AES Corporation (NYSE:AES), took a hit, dropping during a trading session weighed down by government policies and poor earnings. The Dow Jones, S&P 500, and Nasdaq all fell by varying percentages on the same day.

AES Corporation (AES) experienced a 9.88% drop, closing at $10.13, due to investor disappointment over a deal with Meta Platforms Inc. The agreement involves providing 650 MW of solar projects to support Meta’s data centers.

The partnership with Meta will not only provide low-cost electricity but will also create job opportunities in Texas and Kansas. AES Corporation is a major US-based power company with significant operational capacity and signed long-term PPAs.

AES ranks 2nd on the list of firms facing losses. The potential of AES as an investment is acknowledged, but investing in AI stocks is seen as more promising for higher and quicker returns. Check out the report on the cheapest AI stock for more insights.

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Read more: Why AES Corporation (AES) Crashed Today