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Amazon, talen energy and Nuclear Power
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.
Talen, Constellation and Vistra tumble after government rejects Amazon nuclear data center agreement
Talen Energy in March sold the data center campus to Amazon for $650 million, which would be powered by the nuclear plant in a first-of-its-kind deal.
Nuclear-power stocks slide after regulator rejects plan to power Amazon data center
Nuclear-power stocks fell after regulators voted against a deal between Amazon and Talen Energy. The deal would permit a Talen nuclear plant to provide an Amazon data center with extra power. Nuclear stocks have surged this year as AI data centers boost energy demand.
Constellation Energy, nuclear stocks plummet after regulators block Amazon power deal
Microsoft's nuclear power partner Constellation Energy saw its stock drop on Monday as strong earnings couldn't overcome a ruling from the FERC late Friday that was pressuring nuclear stocks across the board.
Nuclear-Power Companies Hit by U.S. Regulator’s Rejection of Amazon-Talen Deal
Talen said it believed FERC had erred and was evaluating its options. The company can still restructure its expanded deal with Amazon, according to Oppenheimer analysts.
U.S. power stocks slump after regulator rejects Amazon-Talen nuclear deal
Talen Energy and other U.S. power company stocks slumped Monday following the rejection by the country's top energy regulator of Talen's plan to supply an Amazon.com data center. The Federal Energy Regulatory Commission voted 2-1 late Friday against the
Talen Down After FERC Rejects Amazon Data-Center Nuclear Deal
Late Friday, FERC rejected an amended interconnection agreement for an Amazon data center with a nuclear power plant run by Talen Energy. The Amazon data center is located close to Talen's Susquehanna nuclear power plant in Pennsylvania,
Talen Energy's Amazon Deal Hits Roadblock, Triggering Nuclear Sector Selloff And Retail Concerns
Bullish sentiment surrounding nuclear stocks took a hit after the Federal Energy Regulatory Commission (FERC) limited the power Amazon ($AMZN) could draw from Talen Energy Corp.'s ($TLN) nuclear facility in Pennsylvania.
Constellation Energy's stock is leading S&P 500's losers
Why Constellation Energy Stock Crashed 11% After Earnings
The biggest argument in favor of Constellation Energy stock just became a liability. Electric utility stock Constellation Energy ( CEG -10.85%) tumbled 10% through 10:35 a.m. ET Monday morning despite beating analyst forecasts for third-quarter earnings this morning.
Constellation Energy's stock is leading the S&P 500's losers, by a lot
Constellation Energy's stock was tumbling 11.1% in recent trading, to put it on track for a record one-day selloff. The nuclear power company's stock was the biggest decliner in the S&P 500 by far, as the second-worst performer was PSEG's stock,
Why Constellation Energy Stock Is Sliding After an Earnings Beat
Constellation Energy stock is lower Monday as a regulatory decision offsets the utility company's solid third-quarter earnings results.
13h
Constellation Navigates Regulatory Setback in Quest for Data Centers at Power Plants
As AI's incredible power needs grow, the Federal Energy Regulatory Commission's rejection of a bid to boost an Amazon data center's capacity may have far-reaching implications.
1d
on MSN
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 ...
1d
on MSN
Why Oklo, Nano Nuclear, and NuScale Power Stocks All Dropped Today
And seeing as Oklo stock has more than doubled over the last 12 months, while Nano Nuclear has nearly quadrupled, and NuScale ...
9h
on MSN
Nuclear energy’s AI boom blew a fuse—here’s what could happen next
The regulator’s decision puts one type of contract at risk, but won’t close the door on nuclear power plants looking to sign ...
1d
Constellation pact with Microsoft not impacted by Talen order, says Evercore ISI
Evercore ISI analyst Durgesh Chopra notes that in “a surprising move late Friday,” the Federal Energy Regulatory Commission, or ...
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