AI's Growth Potential Has Helped Power a More Than 140% Rally for This Surprising Stock. Does It Still Have Fuel to Keep Heading Higher? [Yahoo! Finance]
Constellation Energy Corporation (CEG)
Company Research
Source: Yahoo! Finance
The AI investment frenzy has driven up semiconductor stocks like Nvidia . However, chip sellers aren't the only ones benefiting from the AI boom. One potential beneficiary that might come as a surprise is Constellation Energy (NASDAQ: CEG) . The leading nuclear power producer's stock has surged over 140% in the past year. Here's a look at what's fueling that rally and whether the power producer's stock can keep rising. AI needs data and power AI applications have several major requirements. They need an enormous amount of data to train AI models and a tremendous amount of power to run the specialized chips developed by companies like Nvidia. These catalysts are driving growing demand for data centers to house AI servers and processes. Data centers are power-hungry facilities. They consume 10 to 50 times the energy per floor space of a typical office building. Meanwhile, AI data centers use even more power. For example, a generative AI search uses four to five times more compu
Show less
Read more
Impact Snapshot
Event Time:
CEG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CEG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CEG alerts
High impacting Constellation Energy Corporation news events
Weekly update
A roundup of the hottest topics
CEG
News
- Nuclear Plants in High Demand as Tech Firms Scramble to Ramp Up AI Data Centers [Yahoo! Finance]Yahoo! Finance
- Should You Hold Constellation Energy (CEG) For the Long Term? [Yahoo! Finance]Yahoo! Finance
- Constellation Energy (NASDAQ:CEG) Might Have The Makings Of A Multi-Bagger [Yahoo! Finance]Yahoo! Finance
- Tech companies are turning to nuclear plants as AI increases demand for power [Yahoo! Finance]Yahoo! Finance
- Third Of Nuclear-Plant Owners In Talks With Tech Firms To Power Up AI Data Centers [zero hedge]zero hedge
CEG
Earnings
- 5/9/24 - Beat
CEG
Sec Filings
- 7/2/24 - Form 4
- 7/2/24 - Form 4
- 7/2/24 - Form 4
- CEG's page on the SEC website