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Meta eyes a move into electricity trading
Meta is quietly preparing to become a player in wholesale electricity markets, turning its voracious artificial intelligence power demand into a reason to trade energy like a utility or hedge fund.
Investors in Meta Platforms Inc (Symbol: META) saw new options begin trading today, for the December 2028 expiration. One of the key inputs that goes into the price an option buyer is willing to pay, ...
(Bloomberg/Josh Saul, Riley Griffin and Naureen S. Malik) — Meta Platforms Inc. is venturing into the complex world of electricity trading, betting it can accelerate the construction of new US power ...
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