CEG Stock Spikes as Trump Administration Approves $1B Nuclear Revitalization Loan
Constellation Energy rose more than 3.5% premarket after receiving a $1 billion federal loan to restart the Three Mile Island reactor.
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BTC$62,618.00-0.25%
ETH$1,784.25+0.38%
USDT$0.9988-0.04%
USDC$0.9999+0.01%
XRP$1.07-0.61%
SOL$75.19-1.62%
TRX$0.3249-1.59%
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HYPE$63.74-2.41%
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RAIN$0.0143-0.35%
LEO$9.54+0.05%
ZEC$507.59-1.85%
WBT$54.95-0.04%
With risk assets retreating and commodities exploding higher, investors are hunting for durable growth stories trading below consensus value.
Constellation Energy rose more than 3.5% premarket after receiving a $1 billion federal loan to restart the Three Mile Island reactor.
Constellation Energy reported Q3 revenue of $6.57 billion, topping estimates, while EPS of $3.04 came in slightly below expectations as the company narrowed its full-year guidance.
Constellation Energy stock surged 13.42% to $355.50 in premarket trading after signing a 20-year power purchase agreement with Meta.
The rapid rise of Chinese AI startup DeepSeek in the US App Store has also caused a selloff in energy stocks.
In a groundbreaking move, Constellation Energy has signed an exclusive deal with Microsoft to restart Unit 1 of the Three Mile Island nuclear plant.
Paramount Global (PARA) surges on merger talks, Constellation Energy (CEG) rides the wave of AI-driven power demand, and Walgreens Boots Alliance (WBA) grapples with ongoing challenges…