Energy Vault Holdings is trading 14.7% up now at $3.40 after announcing a strategic agreement for a 1.25 GW hyperscaler deployment in Texas.
- The customer-backed contract covers battery storage, grid-forming power systems, and AI control software.
- It is Energy Vault Holdingsβ largest single contract to date, with approximately $500β$600 million of revenue impact expected during the second half of 2026 and 2027.
- A weak July jobs report and higher major indexes also supported risk appetite as expectations for easier Federal Reserve policy increased.