Vistra, Constellation Energy Surge on Clean Energy Demand Bets to Power AI Tech
Sector Update: Energy Stocks Rise in Wednesday Afternoon Trading
Energy stocks were higher Wednesday afternoon, with the NYSE Energy Sector Index rising 0.6% and the Energy Select Sector SPDR Fund (XLE) up 0.5%. The Philadelphia Oil Service Sector index was posting
Sector Update: Energy
Energy stocks were higher Wednesday afternoon, with the NYSE Energy Sector Index rising 0.6% and the Energy Select Sector SPDR Fund (XLE) up 0.2%. The Philadelphia Oil Service Sector index was posting
Market Chatter: Constellation Energy in Talks to Revive Three Mile Island Nuclear Unit
Constellation Energy (CEG) is in discussions with Pennsylvania officials to help fund a potential revival of part of its Three Mile Island power facility, where a nuclear meltdown occurred in the 1970
Express News | Exclusive: Constellation Energy Talking to Pennsylvania on Funding for Three Mile Island Restart, Sources Say
Time to Buy NextEra Energy (NEE), Other Clean Energy Stocks After Recent Declines
Should You Hold Constellation Energy (CEG) For the Long Term?
AI's high power consumption has caught the attention of the technology industry, which is eyeing nuclear power.
As the demand for electrical utilities in datacenters powered by ai continues to surge, the technology industry is striving to ensure a stable power supply through nuclear power plants.
Sector Update: Energy Stocks Rise in Monday Afternoon Trading
Energy stocks were higher Monday afternoon, with the NYSE Energy Sector Index adding 0.5% and the Energy Select Sector SPDR Fund (XLE) up 0.5%. The Philadelphia Oil Service Sector index was posting a
Check Out What Whales Are Doing With CEG
High-rolling investors have positioned themselves bullish on Constellation Energy (NASDAQ:CEG), and it's important for retail traders to take note.\This activity came to our attention today through Be
Amazon and Rivals Have an AI Power Problem. Here's the Solution.
The growth of artificial intelligence is set to cause a corresponding surge in the need for energy to power data centers. Amazon.com is turning to nuclear energy as the answer.
Market Chatter: Amazon Web Services, Other Tech Giants, Seeking to Secure Power From Nuclear Plants
Amazon's (AMZN) Amazon Web Services is among tech companies attempting to secure deals to power AI data centers from US nuclear reactors, The Wall Street Journal reported Monday. The owners of roughly
Increased demand for AI electrical utilities has led to competition within the technology industry for nuclear power supply.
As the electrical utilities demand increases in datacenters powered by artificial intelligence, the technology industry is working to ensure stable power supply by using nuclear power stations. Reports indicate that negotiations are currently underway with the owners of approximately one-third of nuclear power plants in the USA. Amazon Web Services (AWS) is about to reach a direct power supply agreement with Constellation Energy (CEG.US), which owns the largest nuclear power plant group in the country. In March of this year, AWS acquired a nuclear-powered datacenter park in Pennsylvania. Vistra (VST.US)
Tech Industry Targets Nuclear Power for AI Data Centers' Electricity Needs - Report
Tech Giants Eye Nuclear Power To Fuel AI Boom, Raising Concerns Over Stability And Environmental Impact: Report
Big tech companies are considering a significant shift in their energy sources to fuel the AI boom, with a potential move towards nuclear power. This move, while beneficial for the companies, has rais
Amazon Is Among Tech Giants Looking to Connect Nuclear Plants to Data Centers, Sources Say -- WSJ
By Jennifer Hiller and Sebastian Herrera Tech companies scouring the country for electricity supplies have zeroed in on a key target: America's nuclear-power plants. The owners of roughly a third of
S&P 500 Ends First Half Shy Of All-Time Highs. Here Are The Leaders And Laggards — And 5 Stocks That Could Outperform In Next 6 Months
The stock market is up solidly this year, thanks to expectations of rate cuts by the Federal Reserve amid easing inflationary pressure, strong corporate earnings and optimism over the potential of art
S&P 500 Edges Down on Week, Still Logs Strong Gain for First Half of 2024
The Standard & Poor's 500 edged down for its first weekly loss since late May, though the index rose almost 15% in the first half of 2024. The S&P 500 ended Friday's session at 5,460.48, down slightly
Utility Stocks Outperform: 2 Standouts Deliver Impressive Returns In 2024
While the broader market had its ups and downs in the first half of 2024, two utility stocks have defied expectations, delivering stellar returns and significantly outpacing their peers. The Utility s
Nasdaq 100's Top 10 Performers of H1