Today's Big 3 turns to the A.I. trade with Joe Tigay weighing the bullish trends in Constellation Energy (CEG), Nvidia (NVDA) and Alphabet (GOOGL).
Constellation Energy NASDAQ: CEG stock is up over 8% on January 2, 2025, following news of landmark contracts with the U.S. government. This price increase underscores the company's growing prominence in the clean energy sector and signals a potential turning point for nuclear energy's role in a sustainable future.
Nuclear stocks ran hot on the S&P 500 in 2024 as AI data center operators locked down a future's worth of energy. And 2025 is off to a strong start.
Shares of Constellation Energy (CEG) surged Thursday after the company announced a pair of contracts with the federal government worth over $1 billion.
Constellation Energy Corp. has been awarded a record $1 billion in contracts to supply nuclear power to the U.S. government, the company said on Thursday.
Constellation Energy Corp CEG has been a bright star in the energy sector, delivering nearly 100% year-to-date gains in 2024.
With increased demand for powering A.I. technology, big tech companies turned to nuclear energy as a potential green source to fuel its next gen technology.
By early 2025, renewables are set to provide more than one-third of total electricity generation globally. You may consider buying CEG, EE and GEVO.
Rapid growth in artificial intelligence is broadly expected to result in an up to 160% increase in data centres driven demand for electricity by the end of this decade.
Nuclear energy emerged as a focal point of discussion in 2024. To provide corporate insight on this growing trend, Radiant Energy Group managing director Mark Nelson joined Brad Smith and Josh Lipton on Morning Brief.
Constellation Energy Corporation (CEG) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Here is how Constellation Energy Corporation (CEG) and NextDecade (NEXT) have performed compared to their sector so far this year.