CEG Stock Recent News

Constellation Energy Corp (NASDAQ: CEG) fell 3% on Wednesday after analysts estimated it won't receive a high premium for its electricity from its deal with Meta Platforms Inc (NASDAQ: META). Meta has agreed to buy about 1.1 gigawatt of energy from CEG's nuclear power plant in Illinois.

Big tech's appetite for energy could means upside for nuclear power stocks

Before the market's open on June 3, Constellation Energy NASDAQ: CEG, a nuclear energy giant, announced a new deal with AI hyperscaler Meta Platforms NASDAQ: META. This comes just days after a report from the Wall Street Journal stated that Meta aims to allow marketers to fully automate ad creation by the end of 2026.

onstellation Energy has inked a 20-year deal to provide tech giant Meta Platforms with power from its clean nuclear energy plant starting in 2027. Mizuho Americas managing director and senior analyst of utilities Anthony Crowdell discusses the Constellation-Meta deal, as well as other energy agreements as grid demand soars to power AI data centers, and the regulation around nuclear plants after President Trump signed an executive order in May to ease restrictions around nuclear reactor development.

Sophie Karp, Keybanc, joins 'Fast Money' to talk Meta's Constellation Energy deal.

The deal is Meta's first in nuclear power, echoing moves from industry leaders like Microsoft, Google and Amazon.

"We've got to get more nuclear going," argues @LikeFolio's Landon Swan. With tech outgrowing efficiency, he sees Constellation Energy's (CEG) deal with Meta Platforms (META) as a big win for the Mag 7 giant.

Close KEY TAKEAWAYS Constellation Energy shares are surging in early trading Tuesday after the company said it had struck a 20-year deal to sell nuclear power to Meta Platforms, in the latest tech firm-to-nuclear tie-up aimed at powering data centers.Meta will buy the power generation of a Constellation nuclear plant in Clinton, Ill., to power its artificial intelligence ambitions.Nuclear power stocks NuScale Power, NuScale, and Oklo are jumping on the back of the Meta deal announced Tuesday. Constellation Energy (CEG) shares are surging in early trading Tuesday after the company said it had struck a 20-year deal to sell nuclear power to Meta Platforms (META), in the latest tech firm-to-nuclear collaboration aimed at powering data centers. Meta will buy the power generation of a Constellation nuclear plant in Clinton, Ill., to power its artificial intelligence (AI) ambitions. The financial terms of the deal weren't disclosed. Starting in June 2027, "the agreement supports the relicensi

Live Updates Live Coverage Updates appear automatically as they are published. Wall Street Turns Bullish on UEC 12:06 pm by Gerelyn Terzo BMO Capital Markets has added nuclear power stock Uranium Energy (NYSE: UEC) to its coverage universe, taking a bullish view with a “buy” rating and $7.75 price target, suggesting further runway for gains. BMO’s optimism stems from President Trump’s plan to bolster U.S. nuclear energy production over the next few decades. Uranium Energy stock has climbed 11.1% higher today, amidst broader momentum within the nuclear power industry. S&P 500 Forecast 10:23 am by Gerelyn Terzo Deutsche Bank is the latest Wall Street firm to revise its 2025 S&P 500 forecast. Deutsche analyst Binky Chadha, who in early 2025 had a whopping 7,000 target on the broader market index, has lifted the firm’s S&P 500 year-end target to 6,550 from 6,150 in a positive sign for the direction of the markets and trade deals. The latest predict

Live Updates Live Coverage Updates appear automatically as they are published. Nuclear Focus 12:00 pm by Gerelyn Terzo Wall Street firm BMO Capital Markets has initiated coverage of nuclear stock Uranium Energy (NYSE: UEC) with a “buy” rating and price target of $7.75 attached, reflecting upside potential of approximately 29% before today’s gains. BMO analysts are bullish on the stock in response to President Trump’s plan to ramp up U.S. production of nuclear power in the coming decades. Uranium Energy stock is rallying 11.1% today alongside broader gains in the nuclear power sector. Broader Market Bulls 10:28 am by Gerelyn Terzo Deutsche Bank has joined a growing list of Wall Street firms in recalibrating its 2025 S&P 500 forecast. Led by analyst Binky Chadha, who notably held an ambitious 7,000 target for the broader market index earlier in 2025, the firm has now elevated its year-end S&P 500 projection to 6,550 from a previous 6,150 estimate. This upw