Nuclear plant operator Constellation Energy's stock is up more than 80% this year on AI-related bets.
Shares of Constellation, the largest nuclear plant operator in the US, are up more than 85% year to date, just off an all-time high in May. The Baltimore-based company's stock has outperformed all other holdings within the S&P 500 Utilities Select Sector ETF “Constellation is really more of an energy play,” Neil Kalton, senior equity analyst at Wells Fargo, told Yahoo Finance in a recent interview.
"Ideally, a slow and steady rise in power prices is the best outcome for customers, generators, and shareholders. On the other hand, a rapid or abrupt move is likely to garner unwanted political attention," wrote Thalacker of BMO in a recent note.with Microsoft to reduce emissions at one of the software giant's data centers through carbon-free energy matching, a process which involves identifying clean energy regionally and accounting for it every hour of every day.
Steve Ballmer was hired as Bill Gates' assistant in 1980, became Microsoft CEO in 2000, and retired a decade ago with a hugely valuable 4% stake.The Canadian dollar edged higher against its U.S. counterpart on Monday as investors awaited further insight into the Bank of Canada's move to cut interest rates and after speculators raised their bearish bets on the currency to a record high level.
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