What's the most critical component to the artificial intelligence (AI) boom? Some might say Nvidia's (NVDA +1.80%) GPUs. Others could suggest continually improving large language models from Google parent Alphabet (GOOG +0.08%) (GOOGL +0.34%), Anthropic, and OpenAI.However, I think the best answer to the question is electricity. Without electricity, we would have no AI. We would also have no air conditioning, internet, smartphones, or TV. Thanks to AI's seemingly insatiable need for more power, nuclear ener ...

The biggest part of the increase over the last 15 years is in the wire side of the business. As natural gas has been fairly stable, as you said, the cost of power has been fairly stable. In contrast, distribution charges for the wires, transmission charges for those big power lines, those things have gone up something like 70% and 300%.So, we've done a lot on the wire side of the business to improve reliability. We've got to be a little bit smarter about how many investments we can continue to make now that ...

First of all, thanks so much for being with us. We appreciate your time. It's great to be on.Obviously, a big topic of discussion here right now is the war with Iran. Curious how it is affecting Constellation. You know, not much directly right now.You know, as a domestic electricity producer, natural gas pricing in the U.S. isn't really dramatically affected. We're already shipping every molecule we can of LNG. So there's not going to be an uptick of natural gas leaving the country until new facilities are ...

Core Viewpoint - Constellation Energy Corporation (NASDAQ:CEG) is recognized as a leading nuclear energy stock, experiencing a 37% increase in share price over the past year and a 25% rise since January 2025, despite a significant dip of 46% between mid-February and early April [1] Group 1: Company Performance - Constellation Energy's shares fell by 46% from mid-February to early April 2025, and also dipped in January 2025 following news of a potential $30 billion acquisition of a natural gas company [1] - The stock closed 5% lower on March 11, 2025, coinciding with a Bureau of Labor Statistics report indicating a 0.7% month-on-month decrease in electricity prices for February [1] Group 2: Market Dynamics - The company secured a $1 billion contract with the federal government to expand a nuclear site, highlighting its role in meeting the increasing power demand driven by the data center revolution [1] - The reopening of the decommissioned Three Mile Island plant, with a 20-year power contract signed with Microsoft, is seen as a significant move, although the challenges of restarting a nuclear facility are acknowledged [2] Group 3: Investment Sentiment - There is a cautionary note regarding the potential overvaluation of Constellation Energy and Vistra, as they are perceived to be trading at levels that suggest they can easily build additional nuclear reactors [1] - While Constellation Energy shows potential, some analysts suggest that certain AI stocks may offer better upside potential with less downside risk [2]

Constellation Energy Corp. (NASDAQ:CEG) is one of the 10 Stock Market Casualties You Can’t Ignore Today. Constellation Energy dropped its share prices by 10.90 percent on Friday to close at $281.99 apiece, as investor sentiment was dampened by a combination of price target downgrades and broader market pessimism. In a market note, JPMorgan slashed its price target for Constellation Energy Corp. (NASDAQ:CEG) to $400 from $410 previously, but maintained an “overweight” rating for its stock. In other deve ...

Core Viewpoint - Constellation Energy Corporation (CEG) is experiencing fluctuations in stock performance, with a notable decline in the latest trading session, while upcoming earnings are anticipated to show significant growth in both earnings per share and revenue [1][2]. Financial Performance - CEG closed at $281.99, reflecting a -10.9% change from the previous day, underperforming the S&P 500's daily loss of 1.51% [1]. - The company's shares gained 8.51% over the previous month, which is lower than the Oils-Energy sector's gain of 9.4% but better than the S&P 500's loss of 3.63% [1]. - Projected earnings per share (EPS) for the upcoming quarter are $2.7, indicating a 26.17% increase year-over-year, with revenue expected to reach $10.82 billion, up 59.36% from the same quarter last year [2]. - Full-year estimates suggest earnings of $11.63 per share and revenue of $38.71 billion, representing year-over-year increases of +23.86% and +51.6%, respectively [3]. Analyst Estimates and Rankings - Recent changes to analyst estimates for CEG are crucial, as they reflect short-term business trends and analyst sentiment regarding profitability [4]. - The Zacks Rank system, which assesses these estimate changes, currently places CEG at a rank of 3 (Hold), with a 2.41% rise in the Zacks Consensus EPS estimate over the past month [6]. Valuation Metrics - CEG has a Forward P/E ratio of 27.22, which is higher than the industry average of 18.86, indicating a premium valuation [7]. - The company also has a PEG ratio of 1.77, compared to the Alternative Energy - Other industry's average PEG ratio of 2 [7]. Industry Context - The Alternative Energy - Other industry, to which CEG belongs, ranks 144th out of over 250 industries, placing it in the bottom 42% [8]. - The strength of industry groups is measured by the Zacks Industry Rank, with top-rated industries historically outperforming lower-rated ones by a factor of 2 to 1 [8].

CEG stock is moving. See the chart and price action here. Meanwhile, NextEra Energy sits at 25.3, roughly in line with premium tech valuations. For a sector once prized mainly for stability and dividend yield, the shift represents one of the market's most unexpected reratings in years.The primary driver? Wall Street's growing realization that AI's data-center boom is a utilities bull market in disguise. AI-Related Demand, Of CourseExplosive energy demand from hyperscale data centers, cloud infrastructure an ...

This story was originally published on Utility Dive. To receive daily news and insights, subscribe to our free daily Utility Dive newsletter. LS Power has struck a deal to buy five power plants in the PJM Interconnection totaling 4.4 GW from Constellation Energy for about $5 billion, or $1.14 million/MW, the companies said Wednesday. Driving the deal were conditions the U.S. Department of Justice and the Federal Energy Regulatory Commission set in its approval of Constellation’s purchase of Calpine, a tra ...

Market Overview - U.S. stock futures declined following previous declines, with major benchmark indices showing lower futures [1] - The Federal Reserve maintained interest rates at 3.50%–3.75% for the third consecutive meeting, citing elevated inflation and sluggish job growth despite solid economic expansion [1][3] Sector Performance - The S&P 500 saw declines led by materials, consumer discretionary, and consumer staples sectors, with the Dow Jones dropping over 750 points due to new economic reports and Fed remarks [7] Company Insights - **Micron Technology (MU)**: Maintains a strong price trend across short, medium, and long terms, with a solid growth score [3] - **Rocket Lab (RKLB)**: Exhibits a weak trend in the short term but a strong price trend in the medium and long terms [4] - **FedEx Corp. (FDX)**: Expected to report earnings of $4.13 per share on revenue of $23.42 billion, with a strong price trend across all time frames [6] - **Guardian Pharmacy Services Inc. (GRDN)**: Dropped 10.06% after announcing a proposed public offering of 5 million shares, maintaining a weak trend in the short term but a strong trend in the medium and long terms [6] - **Constellation Energy Corp. (CEG)**: Rose 0.088% after announcing an agreement to sell PJM Generation Assets to LS Power, with a weak price trend in the medium term but strong in the short and long terms [13] Analyst Insights - BlackRock maintains a cautious outlook on the U.S. economy, noting a "visible global macro shock" from the Middle East conflict, which has intensified inflationary pressures [8] - They predict that if current crude oil prices persist for six months, it could significantly impact global growth and inflation [9] - BlackRock remains tactically overweight on U.S. equities, favoring them over international counterparts, supported by the AI theme and strong earnings [10]

Constellation Energy Corporation has struck a $5 billion agreement to divest a portfolio of natural gas-fired power plants in the PJM Interconnection to LS Power, marking the largest ???? in meeting antitrust conditions imposed by U.S. regulators following its acquisition of Calpine earlier this year. The deal includes approximately 4.4 gigawatts of predominantly gas-fired capacity across Delaware and Pennsylvania, featuring key facilities such as Bethlehem, York 1 and 2, Hay Road, and Edge Moor. The im ...