Three distinct approaches to nuclear power -- from small reactors to established utilities to advanced fuel tech -- could help power big tech's AI ambitions.
Constellation Energy Corporation (CEG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
The utilities sector has surged 28% YTD, driven partly by unprecedented energy demand from AI data centers and increasing EV adoption. Utilities with nuclear power in their production mix could stand to benefit, as tech giants seek out a clean and reliable energy source. There has also been a resurgence in natural gas-fired plants, with an estimated 200 facilities under development.
In the most recent trading session, Constellation Energy Corporation (CEG) closed at $264.49, indicating a -0.59% shift from the previous trading day.
Philippe Laffont's hedge fund, Coatue Management, just made a major purchase in a non-traditional data center stock.
The latest trading day saw Constellation Energy Corporation (CEG) settling at $270.16, representing a -0.38% change from its previous close.
STOCK CLIMBS OVER 6 POINTS RIGHT AFTER ALERT AT 10:01 AM EDT
As the largest producer of carbon-free power in the U.S., Constellation Energy Corp CEG is turning heads in the energy sector.
All four of these stocks in the S&P 500 have more than doubled. Some of the names might surprise you.
Nuclear energy stands at the cusp of the global push for a low-carbon, greener, and more resilient energy future.
Going nuclear? A powerful setup enticed us back to CEG stock, which we just took a gain in.
CEG is set to benefit from its systematic investments, focus on renewable energy and ability to increase nuclear output.