ETF Outflow Warning: TCAF, BDX, CNP, NI
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 25 2025
0mins
Should l Buy NI?
Source: NASDAQ.COM
TCAF Share Price Analysis: TCAF's share price is currently at $38.10, with a 52-week low of $28.28 and a high of $39.34, indicating a relatively stable position within its trading range.
Understanding ETFs: Exchange traded funds (ETFs) function like stocks, where investors buy and sell "units" that can be created or destroyed based on demand, impacting the underlying assets.
Monitoring ETF Flows: Weekly monitoring of shares outstanding helps identify ETFs with significant inflows (new units created) or outflows (units destroyed), which can affect the individual components of the ETFs.
Disclaimer on Views: The opinions expressed in the article are those of the author and do not necessarily represent the views of Nasdaq, Inc.
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Analyst Views on NI
Wall Street analysts forecast NI stock price to fall
8 Analyst Rating
7 Buy
1 Hold
0 Sell
Strong Buy
Current: 48.280
Low
41.88
Averages
47.24
High
50.00
Current: 48.280
Low
41.88
Averages
47.24
High
50.00
About NI
NiSource Inc. is an energy holding company. The Company operates through two segments: Columbia Operations and NIPSCO Operations. Columbia Operations segment, through its wholly owned subsidiary NiSource Gas Distribution Group, Inc, provides natural gas to approximately 2.4 million residential, commercial and industrial customers in Ohio, Pennsylvania, Virginia, Kentucky, and Maryland. It operates approximately 37,200 miles of distribution main pipeline plus the associated individual customer service lines and 330 miles of transmission main pipeline. NIPSCO Operations segment NIPSCO Operations includes NIPSCO Holdings I and its subsidiaries, including NIPSCO, which has fully regulated gas and electric operations in northern Indiana. The Company has six renewable generation facilities in service: Rosewater, Indiana Crossroads Wind, Indiana Crossroads Solar, Dunns Bridge I Solar, Cavalry Solar and Storage and Dunns Bridge II Solar and Storage.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Renewable Energy Transition: Utilities are accelerating their shift to renewable energy by phasing out aging coal-fired plants to meet stricter environmental standards, thereby reducing carbon emissions and attracting sustained investor interest.
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- Accelerated Strategic Partnerships: The updated agreement with NiSource accelerates the energization of Amazon sites, allowing residents to benefit from cost savings and bill credits sooner, which not only enhances customer satisfaction but also strengthens Amazon's competitive position in the energy services sector.
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NISOURCE STOCK RISES 3.5% IN PREMARKET TRADING FOLLOWING LONG-TERM POWER CONTRACT WITH ALPHABET AND EXPANSION OF AMAZON PARTNERSHIP
Market Reaction: NISOURCE shares increased by 3.5% in pre-market trading following recent developments.
Long-Term Power Deal: The company signed a long-term power agreement with AlphaBet, indicating a strategic move to enhance its energy portfolio.
Expansion of Amazon Agreement: NISOURCE is expanding its existing agreement with Amazon, which may lead to further growth opportunities.
Implications for Future Growth: These agreements suggest a focus on sustainable energy solutions and potential revenue growth for NISOURCE.
See More
NiSource Partners with Alphabet for Long-Term Energy Agreement
- Long-Term Energy Agreement: NiSource has entered into a new agreement with a subsidiary of Alphabet to support the development and operation of a large-scale data center in northern Indiana, which is expected to benefit existing customers and local communities while enhancing regional economic development.
- Application of GenCo Model: This marks the second major agreement utilizing NiSource's NIPSCO Generation LLC (GenCo) model, designed to provide value to system customers while attracting significant investment to Indiana, thereby potentially driving substantial economic growth in the region.
- Enhanced Customer Benefits: NiSource projects aggregate cost savings of approximately $1.25 billion, translating to annual savings of $90 to $115 for residential customers, while also contributing $17 million to a customer fund supporting local communities hosting generation and data center projects.
- Infrastructure Enhancement: NIPSCO and GenCo will provide approximately 340 MW of transmission and generation infrastructure, supplemented by seasonal market purchases of up to 175 MW, ensuring safe and reliable power sourcing for data centers and further strengthening grid reliability and resilience.
See More
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- Market Performance: The NASDAQ 100 Pre-Market Indicator rose by 193.06 points to 27,380.05, indicating investor optimism that could drive positive performance in upcoming trading sessions.
- Active Stocks: ProShares UltraPro QQQ (TQQQ) increased by $1.29 to $63.15 with a trading volume of 6,089,953 shares, representing a 150.99% rise from its 52-week low, highlighting strong investor interest in tech stocks.
- Company Updates: Intel Corporation (INTC) gained $2.35 to $97.10 with 5,630,617 shares traded, and has seen 10 upward revisions in earnings forecasts over the last four weeks, reflecting market confidence in its financial performance.
- Short-Term Trading Insights: Xerox Holdings Corporation (XRX) rose by $0.6187 to $2.19 with a trading volume of 5,536,250 shares, and the days to cover stands at 11.13, indicating heightened market attention and liquidity for the stock.
See More
Utility Sector Sees Surge in Power Demand
- Rising Power Demand: According to the U.S. Energy Information Administration (EIA), electricity demand is projected to increase by 1.2% in 2026 to 4,108 billion kilowatt-hours, with a further rise of 3.3% in 2027, which will boost revenues for utility companies.
- Renewable Energy Transition: Utilities are accelerating their shift to renewable energy by phasing out aging coal-fired plants to meet stricter environmental standards, thereby reducing carbon emissions and attracting sustained investor interest.
- Favorable Interest Rate Environment: Stable, low interest rates create a favorable backdrop for capital-intensive utility companies, lowering financing costs and enhancing project economics, allowing for more efficient large-scale expansions.
- Optimistic Industry Outlook: The Zacks industry ranking indicates that the Utility-Electric Power sector is positioned in the top 36% of over 243 industries, reflecting analysts' positive earnings outlook, with 2026 earnings estimates raised by 5.3%.
See More
Amazon's Data Center Investments Continue to Grow
- Significant Stock Growth: Amazon's stock has increased by 46.38% year-over-year and 11.56% year-to-date, reflecting strong market performance and investor confidence, which is expected to further enhance the company's market capitalization.
- Accelerated Strategic Partnerships: The updated agreement with NiSource accelerates the energization of Amazon sites, allowing residents to benefit from cost savings and bill credits sooner, which not only enhances customer satisfaction but also strengthens Amazon's competitive position in the energy services sector.
- Merger Expands Services: Amazon's definitive merger agreement with Globalstar enhances its low Earth orbit satellite network's direct-to-device service capabilities, expected to extend customer network coverage, thereby solidifying Amazon's strategic position in space-based connectivity.
- Data Center Investment Plans: Amazon's total planned investment in its Mississippi data centers has reached $25 billion, expected to create 2,000 jobs, while additional investments in Madison County and Hinds County will drive local economic development, reflecting Amazon's commitment to infrastructure development.
See More
US Stocks Rise as Oil Prices Plunge
- Market Highs: The S&P 500 rose by 0.87% and the Nasdaq 100 reached an all-time high, reflecting growing investor optimism regarding a potential US-Iran peace deal, which may enhance risk appetite and further boost stock market momentum.
- Oil Price Plunge: WTI crude prices fell over 10% after Iran announced the Strait of Hormuz is now fully open for commercial shipping, easing inflation concerns and contributing to a 6 basis point drop in the 10-year Treasury yield, which invigorates the bond market.
- Earnings Optimism: Q1 earnings for the S&P 500 are projected to increase by 12% year-over-year, although excluding the tech sector, growth is only expected at 3%, yet this overall positive outlook may attract more investor interest and bolster market confidence.
- Airline Stocks Surge: With reduced fuel costs, United Airlines (UAL) shares surged over 10%, while other airlines like Royal Caribbean (RCL) and Alaska Air (ALK) also saw significant gains, indicating strong market confidence in the recovery of the airline industry.
See More
NISOURCE STOCK RISES 3.5% IN PREMARKET TRADING FOLLOWING LONG-TERM POWER CONTRACT WITH ALPHABET AND EXPANSION OF AMAZON PARTNERSHIP
Market Reaction: NISOURCE shares increased by 3.5% in pre-market trading following recent developments.
Long-Term Power Deal: The company signed a long-term power agreement with AlphaBet, indicating a strategic move to enhance its energy portfolio.
Expansion of Amazon Agreement: NISOURCE is expanding its existing agreement with Amazon, which may lead to further growth opportunities.
Implications for Future Growth: These agreements suggest a focus on sustainable energy solutions and potential revenue growth for NISOURCE.
See More
NiSource Partners with Alphabet for Long-Term Energy Agreement
- Long-Term Energy Agreement: NiSource has entered into a new agreement with a subsidiary of Alphabet to support the development and operation of a large-scale data center in northern Indiana, which is expected to benefit existing customers and local communities while enhancing regional economic development.
- Application of GenCo Model: This marks the second major agreement utilizing NiSource's NIPSCO Generation LLC (GenCo) model, designed to provide value to system customers while attracting significant investment to Indiana, thereby potentially driving substantial economic growth in the region.
- Enhanced Customer Benefits: NiSource projects aggregate cost savings of approximately $1.25 billion, translating to annual savings of $90 to $115 for residential customers, while also contributing $17 million to a customer fund supporting local communities hosting generation and data center projects.
- Infrastructure Enhancement: NIPSCO and GenCo will provide approximately 340 MW of transmission and generation infrastructure, supplemented by seasonal market purchases of up to 175 MW, ensuring safe and reliable power sourcing for data centers and further strengthening grid reliability and resilience.
See More
