The Market's Sleepiest Sector Becomes Top Winner of the AI Boom

The surge in artificial intelligence technology has created a most unlikely winner on the stock market.   Electric utilities, the ones that will meet the soaring demand to power data centers and generative AI, have turned from the sleepiest steady stock investment on the market into the hottest bet on the AI boom. Following the worst market performance in more than two decades in 2023, the utilities sector is shining on Wall Street this year in a dramatic shift of sentiment and share price gains as investors are betting on the companies that…