The Electrification of America Is on the Rise Again

Our Internet-connected world relies on data. And we couldn't satisfy our data cravings without the Washington, D.C., suburbs... [Chaikin PowerFeed]( The Electrification of America Is on the Rise Again By Pete Carmasino, chief market strategist, Chaikin Analytics Our Internet-connected world relies on data. And we couldn't satisfy our data cravings without the Washington, D.C., suburbs... You see, around 300 data centers operate in Loudoun, Fairfax, and Prince William counties in Virginia. The area is widely known in the tech industry as "Data Center Alley." Importantly, Data Center Alley is growing to meet our collective data needs... America Online – or AOL, for short – was one of the first big companies on the scene in the 1990s. But that was just the start... One of the first "peering exchanges" relocated to the area in 1998. (A peering exchange allows two independent networks to directly connect and exchange Internet traffic.) This development set the tone for a still-ongoing megatrend. More than 25 years later, Data Center Alley remains one of the hidden-yet-critical corners of our online world... Around 70% of the world's Internet traffic flows through this area today. That's huge. And AOL's old stomping grounds will play a key role in making everything work... The company's campus in Virginia remained vacant from the mid-2000s through the past few years. Now, a new player is demolishing the buildings to build a huge data center. That's right... AOL has come full circle in helping to create a doorway to the Internet. The latest announcement came in January 2022... AOL's former complex will soon house a brand-new data center. It will stretch roughly 1.2 million square feet. And it's going to be known as PowerHouse Pacific. Demolition of the old AOL buildings began last October. The new data center should start operating near the end of 2026. Here's where this story gets more exciting for us... Recommended Links: [Wall Street Insider: "I'm expecting a bloodbath"]( He called the 2022 bear market, the 2020 Covid Crash, and the 2008 housing meltdown. Now he's stepping forward with the exact date of Wall Street's next reckoning. Over 3,000 stocks will be impacted in just the next six weeks – including NVDA, META, TSLA, and AAPL. You only have days to prepare. [Full story here](. [World's biggest multibillionaire investor group is buying THIS by the tons]( Most folks have completely missed the fact that there's one group of investors so powerful they're literally buying ONE THING by the tons... Stacking it in their locked vaults on pallets in record numbers. [Find out what it is and see how you can get in with just a few dollars](. This data-center project and others like it will require a lot more electricity – and fast. The site will include its own substation. It will deliver 300 megawatts ("MW") of capacity. Upon completion, 90% of this substation's capacity will power the data center alone. Our need for more power won't end there, either... People didn't even talk about kilowatts ("kW") and servers together when AOL started back in the 1980s. Computers simply didn't draw that much power. By the 1990s, a "server rack" would draw between 1 and 3 kW of power. That seemed like a lot at the time. But in comparison, today's demands are massive... Modern server racks consume more than 100 kW. That's an increase of roughly 100 times over the past 25 years. And thanks to the new artificial intelligence ("AI") craze, demand will only keep growing... The International Energy Agency ("IEA") found that AI and cryptocurrency computing already account for 2% of the world's power demand. More importantly, the IEA believes these two sources of power demand could double from their current levels by 2026. That creates a major problem... You see, the entire Internet depends on suburban Virginia's power plants to keep flowing. And now, thanks to AI and other tech advancements, we need more data-processing power. Folks, the secret is out... The electrification of America is on the rise again. We're building more data centers to meet our ever-increasing appetite for content – from the Internet to AI to cryptocurrencies and beyond. That also means we need a lot more electricity. This opportunity starts with the broader utilities space. And the Power Gauge agrees... Our one-of-a-kind system turned "bullish" on the Utilities Select Sector SPDR Fund (XLU) a few weeks ago. And it doesn't look like it will stop marching higher anytime soon... [Chaikin PowerFeed] Earlier this year, almost no one would've predicted that a "defensive" sector like utilities would create one of the hottest opportunities available. But that's exactly what we're seeing right now. I said it [last week]( and I'll say it again today... If you're not paying attention to this sector, I recommend you check it out. Good investing, Pete Carmasino Market View Major Indexes and Notable Sectors # Hld: Bullish Neutral Bearish Dow 30 +0.3% 7 20 3 S&P 500 +0.13% 142 295 59 Nasdaq +0.24% 24 58 18 Small Caps -0.76% 508 1013 381 Bonds -0.56% — According to the Chaikin Power Bar, Large Cap stocks and Small Cap stocks are Bullish. Major indexes are mixed. * * * * Sector Tracker Sector movement over the last 5 days Utilities +4.18% Financial +3.18% Materials +2.58% Industrials +2.36% Staples +2.29% Real Estate +2.13% Communication +1.97% Health Care +1.96% Information Technology +1.48% Energy +1.35% Discretionary +0.11% * * * * Industry Focus Innovative Technology Services 22 58 19 Over the past 6 months, the Innovative Technology subsector (XITK) has underperformed the S&P 500 by -2.65%. However, its Power Bar ratio, which measures future potential, is Strong, with more Bullish than Bearish stocks. It is currently ranked #12 of 21 subsectors and has moved up 2 slots over the past week. Top Stocks [rating] TSEM Tower Semiconductor [rating] PEGA Pegasystems Inc. [rating] NVDA NVIDIA Corporation * * * * Top Movers Gainers [rating] MTD +17.04% [rating] GEN +15.34% [rating] ANET +6.07% [rating] CHTR +4.4% [rating] WAT +4.37% Losers [rating] AKAM -11.0% [rating] PODD -6.55% [rating] MRNA -4.39% [rating] IP -3.16% [rating] ALGN -3.1% * * * * Earnings Report Reporting Today Rating Before Open After Close UI No earnings reporting today. Earnings Surprises [rating] SPHR Sphere Entertainment Co. Q3 $-0.87 Missed by $-1.38 [rating] ROAD Construction Partners, Inc. Q2 $-0.02 Missed by $-0.01 [rating] DOCN DigitalOcean Holdings, Inc. Q1 $0.43 Beat by $0.05 * * * * You have received this e-mail as part of your subscription to PowerFeed. If you no longer want to receive e-mails from PowerFeed, [click here](. You’re receiving this e-mail at {EMAIL}. 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