U.S. Tobacco Stock News

NYSE:DUK
NYSE:DUKElectric Utilities

Duke Energy (DUK) Plans $10 Billion Equity Raise After North Carolina Rate Deal

Duke Energy (NYSE:DUK) plans a US$10b equity issuance to support gas generation projects tied to rising data center power demand. The company has reached a multiyear rate settlement in North Carolina that reduces earlier proposed rate hikes and adds refund provisions linked to project timing and federal tax credits. Both the capital raise and rate agreement are set to influence how Duke Energy manages infrastructure growth, balance sheet pressure and customer pricing over the coming...
NYSE:WOLF
NYSE:WOLFSemiconductor

Wolfspeed (WOLF) Ties AI Data Center Push To New Silicon Carbide Partnership

Wolfspeed (NYSE:WOLF) announced a new partnership with LITEON to supply silicon carbide power solutions for next generation AI data centers. The collaboration focuses on scalable and reliable power delivery systems aimed at hyperscale AI and cloud customers. The agreement uses Wolfspeed's silicon carbide manufacturing platform within LITEON's data center power products. This move underlines how Wolfspeed is tapping into broader AI infrastructure demand. There are many other companies...