Babcock & Wilcox Enterprises secures large order for energy plants in AI data centers. The stock decouples from the overall market
Reading Time: 2 minutes
While Tech & Growth stocks are being heavily sold off, the company Babcock & Wilcox Enterprises (BW) , valued at under 1 billion USD, is holding up well. This is despite the revenue in the last quarter being lower than expected. The company positions itself as a key supplier for power generation facilities specifically catering to the increased demand from AI data centers. Significant business growth potential arises from involvement in AI data center projects. The technologies of the power plant are designed to compete with the efficiency of simple...
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