Peabody Energy Corp. (NYSE:BTU) saw shares jump 9.94% on Friday, closing at $19.13 as investors were optimistic about the coal industry’s future. The company stated that US electricity demand could boost coal consumption by 57%. Energy Information Administration forecasts a 17% increase in electricity generation this year. Peabody Energy stands to benefit from the energy boom, despite a net loss of $27.6 million in Q2. While BTU shows promise, AI stocks might offer higher returns. For more insights, check out our report on the best short-term AI stock.

Read more at Yahoo Finance: Peabody Energy (BTU) Jumps 10% as Coal Boom Talks Fuel Rally