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Google just signed a nuclear deal with a company that already runs reactors, yet the stocks surging hardest belong to developers whose reactors exist only on paper. Here is why traders are betting the read-across holds.
Constellation Energy’s CEG new agreement with Alphabet Inc.’s GOOGL Google gave nuclear stocks a sharp lift after a difficult stretch for the sector. The deal matters because Google is putting long-term money behind nuclear power to meet rising electricity demand from data centers. Investors quickl…
Australian uranium stocks surged after Google's 20-year deal to buy 890 MW of nuclear power from Constellation Energy, with Boss Energy, Deep Yellow and Paladin Energy leading gains as the data centre boom drives interest in nuclear power.