Updated
Updated · MarketWatch · Apr 30
DTE Energy stock rises 3.17% but trails utility rivals
Updated
Updated · MarketWatch · Apr 30

DTE Energy stock rises 3.17% but trails utility rivals

7 articles · Updated · MarketWatch · Apr 30
  • Shares closed at $151.69 on Thursday, while NextEra Energy rose 3.94%, Southern 3.41% and Dominion Energy 3.20%.
  • The broader market also advanced, with the S&P 500 up 1.02% to 7,209.01 and the Dow Jones Industrial Average gaining 1.62% to 49,652.14.
  • DTE ended 1.90% below its 52-week high of $154.63 set on 17 February, and trading volume of 1.6 million topped its 50-day average of 1.2 million.
Will DTE's data center deal lower customer bills, or will residents be forced to subsidize the AI boom?
As AI strains the power grid, can utilities fund necessary upgrades without sparking nationwide ratepayer revolts?