Constellation Energy, nuclear stocks plummet

Talen-Amazon Nuclear Power Deal Hits Speed Bump. Why Constellation Stock Is Down More.
Big tech companies need lots of electricity for their data centers, which are processing increasingly complex artificial intelligence applications.
Constellation Energy, nuclear stocks plummet after regulators block Amazon power deal
Microsoft's nuclear power partner Constellation Energy saw its stock drop on Monday as strong earnings couldn't overcome a ruling from the FERC late Friday that was pressuring nuclear stocks across the board.
Nuclear-power stocks slide after regulator rejects plan to power Amazon data center
Nuclear-power stocks fell after regulators voted against a deal between Amazon and Talen Energy. The deal would permit a Talen nuclear plant to provide an Amazon data center with extra power. Nuclear stocks have surged this year as AI data centers boost energy demand.
U.S. power stocks slump after regulator rejects Amazon-Talen nuclear deal
Talen Energy and other U.S. power company stocks slumped Monday following the rejection by the country's top energy regulator of Talen's plan to supply an Amazon.com data center. The Federal Energy Regulatory Commission voted 2-1 late Friday against the
Amazon's nuclear datacenter dreams stall as regulators reject power deal
Federal Energy Regulatory Commission cites grid stability concerns Amazon has hit a roadblock in its plans for nuclear-powered US datacenters. Federal regulators rejected a deal that would let it draw more power from a Susquehanna plant to supply new bit barns next to the site,
Constellation plans to pursue data centers at power plants despite setback, CEO says
Constellation Energy (NASDAQ:CEG) will continue to pursue deals to develop data centers on the sites of its U.S. power plants ...
Constellation Navigates Regulatory Setback in Quest for Data Centers at Power Plants
Three Mile Island nuclear power plant near Middletown, Pennsylvania. Photo: Getty Images Constellation Energy will continue to pursue deals to develop data centers on the sites of its U.S.
Constellation Seeks Data Centers at Power Plants Despite Regulatory Setback
NEW YORK (Reuters) - Constellation Energy will continue to pursue deals to develop data centers on the sites of its U.S.
Constellation Energy Corporation: Strategic Expansion and Financial Outperformance Drive Buy Recommendation
Analyst David Arcaro from Morgan Stanley maintained a Buy rating on Constellation Energy Corporation (CEG – Research Report) and keeping ...
Power-hungry AI campuses need new plan to Find Power Fast
Tech giants looking to quickly power massive artificial intelligence (AI) centres will need to come up with new strategies ...
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Three Mile Island owner lays out timeline for restarting Central Pa. nuclear plant [update]
The owner of the closed Three Mile Island nuclear plant hopes to have a new license – and a new name for the plant – to ...
Constellation Energy raises annual profit forecast on higher electricity demand
Electric utility Constellation Energy raised its full-year profit forecast and beat Wall Street estimates for third-quarter earnings on Monday, helped by higher power demand.
Tech partnerships with power companies for AI in doubt after government rejects key Amazon agreement
Talen Energy in March sold the data center campus to Amazon for $650 million, which would be powered by the nuclear plant in ...
Nuclear-Hungry AI Campuses Need New Plan to Find Power Fast
Tech giants looking to quickly power massive artificial intelligence centers will need to come up with new strategies after ...