Newswire

Tag: hyperscalers

Constellation Energy’s earnings skyrocket as investors eye AI

May 13, 2024, 9:30AMANS Nuclear Cafe

Investor’s Business Daily reported May 10 that the first-quarter earnings of Constellation Energy, the largest operator of nuclear power plants in the United States, surged 858 percent to reach a share price of $2.78, partly as a result of promising expectations regarding demand for artificial intelligence data centers. The S&P 500 stock value of Constellation jumped 3.7 percent on May 8 to $208.