$ETR

Entergy claims Google's Arkansas solar payments could total $2.1B over 20 years, correcting earlier figures. Alphabet (GOOGL) and Entergy (ETR) highlight power infrastructure's role in AI compute. Alphabet's long-term energy commitments secure capacity, while Entergy gains a large customer. Both companies face risks, including regulatory scrutiny and counterparty exposure. Hedge fund holdings and short interest data are provided.

Alphabet Inc. (GOOGL) agreed to pay $716 million for solar and grid upgrades in Arkansas, benefiting Entergy Corporation (ETR). The deal highlights electricity costs as a potential constraint on AI growth. Entergy stands to gain from expanded rate base, while Alphabet faces long-term power obligations. Hedge funds increased stakes in both companies, with short interest in Entergy at 4.36% of float.

Google will pay Entergy Arkansas $526 million to build a solar project for its West Memphis data center. A court fight ensued after documents were released, with Entergy seeking to block news outlets from publishing the information, claiming it contains confidential business details. The total cost of the solar and battery facility is $1.6 billion, with Google covering about one-third. Entergy also requested the destruction of any copies of the disclosed information.

Tropical Storm Edouard brushed Galveston County, causing light rain and some power outages. Entergy reported 240 customers without power in Sabine Pass. Edouard weakened to 50 mph winds, with more rain expected Wednesday. CenterPoint Energy reported 750 outages in Greater Houston. The storm is moving northwest, with warnings and watches in effect for some areas.

Documents obtained by Arkansas Democrat-Gazette reveal Google will pay only a third of the cost for its 600-MW solar facility in Jefferson County, contradicting Entergy Arkansas' claims that Google would cover all infrastructure costs for its data centers. Entergy threatened legal action against the newspaper and the document's source, Jessica Kivell, seeking damages and destruction of the documents.

Entergy Arkansas filed a lawsuit to block the Arkansas Democrat-Gazette and Arkansas Times from publishing details of a Google data center agreement. The company seeks a court order to prevent the release of the information.

Entergy (ETR) reported Q2 2026 earnings of $1.03 per share, beating estimates but slightly down year-over-year. The company reaffirmed its 2026 adjusted earnings guidance. Shares have risen 12.67% year-to-date to $105.75, with a 23.04% total shareholder return over the past year. Analysts debate its valuation, with one narrative suggesting a 13.2% undervaluation at a fair value of $121.88, while another notes its P/E ratio is above industry peers.

Entergy Corporation reported Q2 2026 earnings of $1.03 per share, beating estimates but slightly lower than the previous year. The company reaffirmed its 2026 adjusted earnings guidance of $4.25–$4.45 per share and projected over 8% annual earnings growth through 2030. Management cited stronger retail electricity demand and improved utility collections as key drivers, despite ongoing cost pressures. Entergy's future outlook is tied to a $40 billion capital program, with revenue and earnings proj

Entergy (ETR) shares fell 1.4% since its last earnings report, despite Q2 2026 earnings of $1.03 per share beating estimates. Revenue rose 5.9% YoY to $3.52B, but missed consensus. The company faces higher costs and financing pressures but reaffirmed its 2026 adjusted earnings guidance of $4.25-$4.45 per share. Analysts have a mixed outlook, with estimates trending downward.

Entergy customers in Mississippi see a $5 monthly bill reduction due to Amazon's data center revenue contributions. Entergy's Fair Share Plus pledge, aligned with the White House's Ratepayer Protection Pledge, aims to deliver $7 billion in benefits over 20 years to customers in Arkansas, Louisiana, and Mississippi. Data centers like those operated by Google, AVAIO, and Meta are expected to bring further benefits starting in 2027.