What's Going on With American Electric Power Stock Thursday? - American Electric Power (NASDAQ:AEP)
American Electric Power (AEP) shares fell on Thursday after the company reported mixed second-quarter results, with adjusted earnings missing analyst estimates but revenue surpassing expectations. Despite the earnings miss, AEP highlighted strong demand from AI-focused hyperscalers, particularly in Texas, and raised its fiscal 2026 adjusted earnings guidance. The utility is also investing significantly in infrastructure, with a $78 billion five-year capital investment plan and securing substantial U.S. Department of Energy loans to support transmission projects and customer savings.
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