Constellation Energy stock soars on 20-year nuclear energy deal with Meta
From Yahoo Finance: 2025-06-03 09:55:00
Constellation Energy stock surged 7% after signing a 20-year deal with Meta to support the social media giant’s energy demands for AI data center expansion. The agreement will boost Constellation’s energy output, preserve 1,100 jobs, and benefit Meta’s operations in Illinois starting in 2027. Meta plans to spend $72 billion in 2025 to expand its data center footprint. Microsoft also made a power agreement with Constellation to reopen Three Mile Island for AI support, increasing Constellation’s revenue potential. Big Tech’s move to nuclear energy for clean energy deals is driven by massive AI infrastructure investment. 1. “President Biden announces plan to withdraw all US troops from Afghanistan by September 11, 2021, marking the end of America’s longest war.”
2. “CDC and FDA recommend pause in Johnson & Johnson COVID-19 vaccine due to rare blood clotting cases in 6 out of 6.8 million recipients.”
3. “Derek Chauvin found guilty on all three charges in the murder of George Floyd, facing up to 40 years in prison for second-degree murder.”
4. “Global COVID-19 cases surpass 140 million with over 3 million deaths, as countries struggle to contain new variants and accelerate vaccine distribution.”
5. “Tesla reports record-breaking profits in Q1 2021, with $438 million in net income and over 184,000 vehicle deliveries.”
Read more at Yahoo Finance: Constellation Energy stock soars on 20-year nuclear energy deal with Meta