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A Google nuclear deal vaulted Constellation Energy stock to the top of the S&P 500 early Tuesday. The deal will boost capacity of existing plants.
Tech giants want carbon-free power faster than new reactors can deliver it. One nuclear operator just showed investors what the workaround is worth.
A hyperscaler just committed two decades of demand. That demand is for firm, around-the-clock nuclear power, and the merchant nuclear group is repricing around that signal, led by Constellation Energy (NASDAQ:CEG | CEG Price Prediction). Constellation Energy stock is at $300.30, rising 12% in morning trading. That…