Entergy, a $32.7 billion market cap electric utility company, is praised for the new $10 billion Meta data center in its ...
The company is betting that data-center owners will be hungry for all sorts of power—from nuclear to conventional.
Shares of Constellation, the country’s largest owner of nuclear plants, jumped 25% on the news Friday that it will buy Calpine, a privately held owner of natural-gas plants and geothermal power.
Few people saw it coming then, but 2024 would be the year the proverbial planets aligned for this utility name.
Shares of power producers fell, but not by as much as the broad market, as traders rotated into defensive sectors amid a flight from risk.
Constellation Energy agreed to buy Calpine for $16.4 billion, combining two of the country’s largest electricity generators ...
Stocks took their cue from the bond market, where yields rose to crank up the pressure after a report said U.S. employers ...
U.S. stocks have been swept up in a broad-based selloff. Even members of the mighty "Magnificent Seven" appeared to succumb to the pull of rising bond yields. But two S&P 500 sectors managed to hang ...
Oil futures ended sharply higher on Friday, as fresh U.S. sanctions on Russia's oil sector looked to threaten global supplies and as winter storms in the U.S. were expected to boost demand for heating ...
When the December nonfarm payrolls report hit the tape, there was no question which way stocks would go at Friday's opening ...
Constellation Energy shares shot 25% higher today as the company confirmed its intentions to purchase Calpine. Calpine ...
US stocks plunged on Friday following a stronger-than-expected jobs report, tempering Wall Street’s hopes for additional interest rate cuts by the Federal Reserve in the near term.