CEG Stock Recent News
CEG LATEST HEADLINES
Uranium stocks have been surging thanks to the Constellation Energy Co. CEG and Microsoft Co. deal for the largest power-purchasing deal in history. The large hyperscalers are committed to sustainable and clean energy solutions to power their data centers.
Constellation Energy Corporation (CEG) closed the most recent trading day at $265.38, moving -0.09% from the previous trading session.
Constellation Energy rallied after it announced plans to partially reopen the nuclear power plant at Three Mile Island. Is this a positive sign for NuScale Energy?
The artificial intelligence (AI) revolution is well underway. There are three essential components to deploy AI: the GPU, like NVIDIA Co. NASDAQ: NVDA chips to crunch the data; storage, like Micron Technology Inc. NASDAQ: MU NAND flash and high-bandwidth memory (HBM) memory chips to store the data, and networking like Ciena Inc. NYSE: CIEN optical transceivers to move the data.
Constellation Energy NASDAQ: CEG has been amongst the hottest stocks in the market in 2024, with its shares up 125%. Those aren't the types of returns people usually associate with utility companies in such a short period of time.
Nvidia stock has soared 156% in 2024. Meanwhile, shares of Constellation Energy — a provider of nuclear power services and owner of the Three Mile Island facility that suffered an accident in March 1979 — have risen 129%.
In the most recent trading session, Constellation Energy Corporation (CEG) closed at $253.43, indicating a -1.44% shift from the previous trading day.
Breakaway gap technical set ups often produce big stock market returns. CEG is one stock that exhibits all the right traits.
Constellation Energy (CEG) has received positive analysts' reports after the power utility's announcement last Friday it would be restarting Pennsylvania's Three Mile Island Unit 1 nuclear plant to provide electricity for Microsoft's (MSFT) data centers.
“AI is here to stay,” said Constellation Energy Chief Executive Officer Joe Dominguez on "Bloomberg Markets." The power provider is going to restart a reactor at the Three Mile Island nuclear power plant in Pennsylvania so it can be used to power artificial intelligence for Microsoft.