Constellation Energy secured a 20-year power agreement with Amazon to support nuclear plant expansion, emphasizing AI-driven data center growth. Oracle is diversifying its AI customer base by leasing $7 billion in AI chips to Tencent, reducing reliance on OpenAI amid investor concerns about debt and customer concentration. Micron reported strong earnings, benefiting from AI demand, though cyclical risks remain. These developments highlight the growing AI industry's impact on energy and tech sectors, with long-term growth expected despite short-term market fluctuations.
Constellation Energy (CEG) shares rose 1.87% to USD 258.77 as of Oct 02, 2026 00:51 WIB on Pluang, reflecting investor interest in its long-term power deal with Amazon. Oracle (ORCL) also gained 1.09%, trading at USD 138.80, while Micron (MU) showed a 2.38% increase to USD 1,090.50, highlighting strong AI sector momentum. Amazon (AMZN) was relatively flat, up 0.05% at USD 249.27, as of the same time on Pluang.
Constellation Energy secured major long-term contracts with Alphabet and Amazon to supply nuclear power for AI data centers, boosting its capacity by nearly 3,600 megawatts. CIBC gave the stock an Outperform rating, expecting a 5%–6% near-term gain a...
Vistra and Constellation Energy Group saw significant stock gains driven by major nuclear energy deals. Constellation Energy's long-term power contracts with tech companies and improved earnings forecasts suggest a 5-6% short-term rise and potential ...
