Xcel Energy’s Profit Shock: Rising Interest Rates and Costs Hit Utility Giant Hard

Xcel Energy missed quarterly profit estimates as soaring interest expenses and maintenance costs cut into earnings. The results highlight how even stable U.S. utilities are feeling the strain of high borrowing costs and inflation heading into 2025.Get the top 40+ AI Models for $20 at AI Box: ⁠⁠https://aibox.aiAI Chat YouTube Channel: https://www.youtube.com/@JaedenSchaferJoin my AI Hustle Community: https://www.skool.com/aihustle