New Era Energy & Digital Is Up by More Than 60% This Month. Here's What's Fueling the Rally.

Key Points The 20-year power purchase agreement New Era Energy & Digital signed with Vistra subsidiary Luminant ET Services Company was the major catalyst for its recent rally. That deal makes it easier for New Era Energy & Digital to secure a deal with a hyperscaler, which could make financing easier to obtain. The company is a high-risk, high-potential-reward pick in the broader AI data center theme. 10 stocks we like better than New Era Energy & Digital › New Era Energy & Digital (NASDAQ: NUAI) stock has surged by more than 60% over the past month, attracting more attention as the broader neocloud trade gains momentum. With a market cap still below $1 billion, it's much smaller than more established neoclouds.