Markets are reacting positively to recent news surrounding two key players in the energy ecosystem. Shares of Constellation Energy NASDAQ: CEG and GE Vernova NYSE: GEV both shot up on Nov. 19, reflecting renewed investor confidence tied to sector-specific developments and long-term growth potential in clean and nuclear energy.
DUK edges out CEG with stronger earnings trends, better yield, lower valuation and bold clean energy investment plans.
Constellation Energy Corporation (CEG) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Constellation Energy (CEG) shares surged Wednesday after the power provider said it won a federal loan of up to $1 billion to restart a nuclear reactor at Pennsylvania's Three Mile Island.
Shares of Constellation Energy Corp (NASDAQ:CEG) are higher this morning, up 5.5% at $357.93 after the company landed a $1 billion federal loan from the Department of Energy (DoE), facilitating the restart of its discarded nuclear plan, Three Mile Island Unit 1.
Constellation Energy will receive a $1 billion loan to restart Three Mile Island, which has been renamed the Crane Clean Energy Center.
The Department of Energy is backing Constellation Energy's restart of Three Mile Island Unit 1 with a $1 billion loan. Constellation unveiled plans last year to restart the plant through a power purchase agreement with Microsoft to support the tech company's data center demand.
2025 has been characterized by several key investment themes, such as artificial intelligence (AI), quantum computing, and memory chip stocks. Not least among these themes is the market's attraction to nuclear energy stocks.
Because artificial intelligence (AI) demand is growing so rapidly, and data centers are such power-hungry operations, the one thing that will slow AI's rapid ascent is energy supply.
CEG stock slips a bit after mixed third quarter as earnings miss but revenues rise, spotlighting its nuclear strength and renewables growth.
Constellation Energy Corporation (CEG) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
The pullback across AI stocks and the broader nuclear-heavy AI energy trade offers investors a great chance to start buying best-in-class stocks on the dip, including GE Vernova and Constellation Energy.