Seems to be going strong.>Data centre, power products>$63bn backlog ordersHowever it hit ATH in June and could be due a correction before buying.
>>62419812I thought it was that base memecoin kek. Damn i miss 2024.
This and chevron are the safe ways to play the ai trade.
Also it's a bit speculative but you can imagine they benefit from the $300b to Iran since I imagine that money will only be allowed to be spent with American firms.
>>62419822Is chevron a safe buy still with oil prices dropping?
>>62420022I don't own it but I like it for the behind the meter power generation buildout for datacenters.
>>62419812>>$63bn backlog orders>backlog takes too long>orders cancel>gg no re
>>62419831American firms aren't going into Iran though and unlikely Iran will be given US equipment.