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Meta's energy deal boosts the data center trade, sending our newest stock to another record high


//stocks-investing.news-articles.net/content/202 .. ing-our-newest-stock-to-another-record-high.html
Published in Stocks and Investing on by CNBC   Print publication without navigation

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The article from CNBC, dated June 3, 2025, discusses how Meta's recent energy deal has significantly boosted the data center industry, propelling a newly featured stock to another record high. The deal involves a substantial investment in renewable energy sources to power Meta's expanding data center operations, reflecting a broader industry trend towards sustainability. This move not only underscores Meta's commitment to environmental responsibility but also highlights the growing importance of data centers in supporting the digital economy. The stock in question, which was recently added to the CNBC portfolio, has seen remarkable growth, driven by increased investor confidence in the data center sector's future.

Read the Full CNBC Article at:
[ https://www.cnbc.com/2025/06/03/metas-energy-deal-boosts-the-data-center-trade-sending-our-newest-stock-to-another-record-high.html ]

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