Sector Update: Energy Stocks Rise in Monday Afternoon Trading

Energy stocks were higher Monday afternoon, with the NYSE Energy Sector Index adding 0.5% and the Energy Select Sector SPDR Fund (XLE) up 0.5%. The Philadelphia Oil Service Sector index was posting a

MT Newswires01:58

Check Out What Whales Are Doing With CEG

High-rolling investors have positioned themselves bullish on Constellation Energy (NASDAQ:CEG), and it's important for retail traders to take note.\This activity came to our attention today through Be

BenzingaJul 1 22:01

Market Chatter: Amazon Web Services, Other Tech Giants, Seeking to Secure Power From Nuclear Plants

Amazon's (AMZN) Amazon Web Services is among tech companies attempting to secure deals to power AI data centers from US nuclear reactors, The Wall Street Journal reported Monday. The owners of roughly

MT NewswiresJul 1 19:48

Increased demand for AI electrical utilities has led to competition within the technology industry for nuclear power supply.

As the electrical utilities demand increases in datacenters powered by artificial intelligence, the technology industry is working to ensure stable power supply by using nuclear power stations. Reports indicate that negotiations are currently underway with the owners of approximately one-third of nuclear power plants in the USA. Amazon Web Services (AWS) is about to reach a direct power supply agreement with Constellation Energy (CEG.US), which owns the largest nuclear power plant group in the country. In March of this year, AWS acquired a nuclear-powered datacenter park in Pennsylvania. Vistra (VST.US)

Zhitong FinanceJul 1 19:10

Tech Industry Targets Nuclear Power for AI Data Centers' Electricity Needs - Report

Seeking AlphaJul 1 17:54

A verbal battle concerning nuclear power datacenter is quietly heating up in the USA.

To ensure a green and uninterrupted supply of clean energy, wealthy and generous technology giants are intensively negotiating direct purchases of nuclear power from power plants. However, these demands will also bring enormous uncertainty to the nuclear power supply of the grid. At the same time, doubts about "free-rider" behavior on the grid are also increasing.

cls.cnJul 1 16:50