Duke Energy stock price today is trading at $92.75 as traders rotate into defensive sectors during heightened geopolitical tensions. Utility stocks remain favored for their lower beta in turbulent market conditions. Pending regulatory approvals, almost 40% of new Wolfspeed will be owned by the Japanese chipmaker Renesas , which was its biggest debt holder. Post-bankruptcy, the company says it remains liquid and able to deliver customers its patented silicon carbide chips. “We are delighted to partner with Duke Energy in a critical business and premier regulated utility like Duke Energy Florida through Brookfield’s Super-Core Infrastructure strategy. We look forward to supporting the continued growth of Duke Energy Florida’s regulated asset base and, accordingly, ensuring excellent service delivery for its customers,” said Sam Pollock, chief executive officer of Brookfield’s infrastructure group. “This transaction underscores our patient strategy of partnering with leading corporates and investing in essential infrastructure assets that underpin economic growth, and that generate stable long-term cash flows across market cycles.” Duke Energy stock price today sits at $92.25, with market momentum stalling ahead of inflation data. Investors are watching energy infrastructure updates that could influence long-term capital expenditure outlooks.
