Reported 3 months ago
Nuclear energy stocks experienced a significant increase as the largest U.S. power grid operator reported a ninefold price surge in its auction, reaching $262.92 per megawatt-day for the 2025-2026 period. Constellation Energy and Vistra saw their shares rise by over 12% and nearly 15%, respectively, with both companies expected to announce second-quarter earnings soon. This rally comes amidst a growing demand for electricity driven in part by data centers and advancements in artificial intelligence.
Source: YAHOO