Why Nuclear Stocks Soared Today
Shares of nuclear power providers Constellation Energy (NASDAQ: CEG), Vistra Energy (NYSE: VST), and (NYSE: OKLO) were in rally mode on Thursday, up 8%, 5.8%, and 8.5%, respectively, as of 1:45 p.m. ET.
None of these three companies reported earnings or had much in the way of company news today; however, the strong financial results and forward-looking capital spending guidance from AI leaders and Meta Platform last night appear to have reassured investors in a big way on the sustainability of AI spending, and therefore future nuclear power demand.
With the emergence of the low-cost Chinese AI model DeepSeek and recession fears emerging over the past couple of months, AI-related names have been hit hard. This goes not only for chipmakers and cloud companies but also for electricity providers, as electricity demand is projected to soar due to the demand from AI data centers.
Source Fool.com
Microsoft Corp. Stock
With 139 Buy predictions and 2 Sell predictions Microsoft Corp. is one of the favorites of our community.
As a result the target price of 500 € shows a positive potential of 26.58% compared to the current price of 395.0 € for Microsoft Corp..
