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Constellationenergy

All articles tagged with #constellationenergy

finance1 year ago

Key Stock Movers: Nvidia, Intel, and More

The stock market saw mixed movements midday, with the S&P 500 slightly down and the Nasdaq slightly up. Notable stock movers included Nvidia, which rose 1.9% after news of its upcoming addition to the Dow Jones Industrial Average, replacing Intel. Constellation Energy dropped 10.6% following a regulatory rejection of a power plan. Berkshire Hathaway fell 2.5% after reporting Q3 earnings, despite record cash reserves. Nvidia's stock has surged 178% this year, driven by high demand for its Blackwell chips.

via TheStreet|
#berkshirehathaway#constellationenergy#dowjones
business1 year ago

Constellation Energy's Mixed Signals: Profit Forecast Up, Shares Down

Constellation Energy reported a 28% increase in Q3 earnings, surpassing expectations, and adjusted its 2024 profit guidance. Despite this, nuclear stocks, including Constellation, fell after regulators blocked a nuclear deal between Amazon and Talen Energy, citing potential grid and cost issues. The nuclear sector has seen increased interest due to AI-driven energy demand, with major tech companies investing in nuclear power. Constellation's recent deal with Microsoft highlights the growing role of nuclear energy in powering data centers.

via Investor's Business Daily|
#business#constellationenergy#datacenters
energy-and-environment2 years ago

"Key Natural Gas Facility's Vulnerability Threatens Winter Power Stability in US Northeast"

The Everett natural gas import plant near Boston, a key defense against winter blackouts in the US Northeast, is facing closure in May as its primary customer, the Mystic power station, is retiring. Both the plant and the power station are owned by Constellation Energy Corp., which has deemed the power station uneconomic to run under most conditions. This impending shutdown raises concerns about the region's energy reliability during extreme cold seasons.

via Bloomberg|
##blackouts#constellationenergy