Shares of power producers fell, but not by as much as the broad market, as traders rotated into defensive sectors in light of doubts about the artificial-intelligence boom.
Fermi shares slid after the energy and real estate company said a $150 million funding deal with one of its power grid’s potential tenants had fallen through.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
December 12, 2025 17:43 ET (22:43 GMT)
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