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Learn what it takes to be a successful Day Trader from salty veteran Tim Bohen, and innovation investor Matt McCall.

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How AI is Reshaping the Energy Investment Landscape
May 30 2024
How AI is Reshaping the Energy Investment Landscape
Welcome back to the SteadyTrade Podcast!We’re excited to freshen things up and introduce a new co-host – Matt McCall.After a few years’ hiatus, we’re ready to embark on this new chapter and blend our expertise to bring you insights into the trends and sectors driving the stock market.If you’re wondering why the podcast was paused, we felt it was time to step back while still at our peak. But our passion for podcasting never wavered. And now we’re back with renewed energy and focus… and a whole lot to talk about.We’re thrilled to have you on board!Today’s Show:The sudden emergence of artificial intelligence (AI) has been grabbing financial media headlines for more than a year now. Naturally, related stocks have taken off – with Nvidia (NVDA) now one of the largest companies in the world.We’re in the very beginning stages of what we believe will be one of the biggest megatrends of our generation. And that means there is opportunity to seize here.But other areas of the stock market are being overlooked as a result…As AI technology engrains itself deeper into the everyday lives of companies and individuals, more data will generated. That means a lot more electricity will be required to collect and analyze all that data.Global energy consumption has been stagnant in recent decades. But according to the International Energy Agency, that figure is expected to increase 165% by 2050. Northern Virginia – the hub of U.S. data centers – is likely to run out of reliable power by 2027.That means the only way to keep the AI boom going is to upgrade the global electrical grid.On today’s episode of the SteadyTrade Podcast, we dive into the investment opportunity being created by the convergence of AI and energy. We cover some of the biggest names in the space – including Nvidia and Super Micro Computer (SMCI) – as well as some of the smaller companies you likely haven’t heard or thought of.Watch Here!