Nuclear Stocks Soar on Constellation Energy's $840 Million GSA Contract
The nuclear stocks today raise for more than 6% fueled by optimism following 10-year contract worth $840 million awarded by the U.S. GSA (General Services Administration) to Constellation Energy ( NASDAQ:CEG ). The contract puts Constellation in a good position for future growth as additional revenue projected.
Constellation Energy's $1 billion deal with the US government is a positive sign for further nuclear deals to power AI data ...
Key Takeaways Demand for electricity for artificial intelligence data centers are driving up shares of nuclear power firms ...
Davey also notes that there are alternatives that the hyperscalers should also be exploring: hydrogen, despite being widely ...
Constellation Energy shares are trading more than 100% higher over the last year, outpacing almost all the “AI Stocks” except ...
As the global energy landscape evolves, investors must assess the stability of traditional fossil fuels against the growth ...
Constellation Energy is positioned to benefit from surging energy demand driven by the AI revolution and data center ...
The final rule for clean-hydrogen production would allow some nuclear power plants that are at risk of retirement to produce ...
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