Alphabet's Interest in Nuclear Energy Boosts Uranium and Nuclear Stocks

Core Insights - Uranium and nuclear energy stocks are experiencing gains due to Alphabet's consideration of using nuclear power for its electricity needs, following a similar move by Microsoft [1] - Google CEO Sundar Pichai stated that the company is exploring purchasing electricity from nuclear power plants to support its data centers [1] Stock Performance - In pre-market trading, Constellation Energy increased by 2.6%, Vistra Energy rose by 2.8%, and NuScale Power climbed 3.1% [1] - Uranium mining companies also saw gains, with Cameco up by 2.6% and NexGen Energy increasing by 1.3% [1] - Constellation Energy's stock had previously surged after finalizing an agreement to supply nuclear power to Microsoft [1]