$CEG

NuScale Power (SMR) shares fell 83% from their 52-week high, while demand for nuclear energy remains strong. Constellation Energy (CEG) reported new power agreements, and Cameco (CCJ) has long-term uranium contracts. NuScale has regulatory approvals but minimal revenue; Cameco's earnings dipped but has secured future deliveries; Constellation's profits rose, and it's the only one selling power today.

Electricity demand in the U.S. is projected to rise 60% from 2025 to 2045, benefiting nuclear power. Constellation Energy (CEG) and Southern Company (SO) are active in the U.S., while most new reactors are being built in Asia. Cameco (CCJ) and Brookfield Renewable (BEP, BEPC) are positioned to benefit globally. Oklo (OKLO) and NuScale Power (SMR) are developing SMRs but face delays and risks.

Kroger (KR) fell to a 2-year low after announcing a $1.65B acquisition of Giant Eagle, with investors skeptical of immediate value. Constellation Energy (CEG) dropped to a 52-week low after Citi cut its price target. Shutterstock (SSTK) plunged 29% after its merger with Getty Images was terminated. All three stocks have seen significant declines this year.

Constellation Energy (CEG) shares rose 4.7% today, driven by investor confidence in its nuclear contracting momentum, higher 2026 earnings outlook, and progress in integrating Calpine. The company raised its 2026 adjusted operating earnings guidance to $11.50-$12.50 per share and signed 920 MW of long-term power purchase agreements. It also completed a $860 million asset sale related to the Calpine acquisition.

A Michigan ballot proposal to ban corporate political contributions from DTE and Consumers Energy, and others with large government contracts, survived a legal challenge and will proceed to a Nov. 3 vote. The measure aims to curb corporate influence in politics. Business groups opposed the proposal, but the Michigan Supreme Court declined to overturn its certification. If passed, the measure would require a three-fourths legislative vote for future amendments.

Constellation Energy (CEG) secured 30% of its nuclear output in long-term contracts, BWXT's backlog surged 40% to $8.4B, and GE Vernova's backlog reached $176B. CEG, BWXT, and GEV operate in distinct segments of the nuclear power supply chain, with unique cash flow profiles. CEG's Q2 EPS was $2.55, and full-year guidance was raised to $11.50-$12.50. BWXT's Q2 revenue was $902M, up 18% YoY, and GE Vernova's Q2 bookings hit $24.2B, up 88% YoY.

The nuclear energy sector is seeing significant developments as existing plants are restarted and new small modular reactors (SMRs) are under construction. The U.S. DOE aims to add 2.5 GW of nuclear capacity by 2027. Companies like Holtec, Constellation Energy (CEG), GE Vernova (GEV), BWX Technologies (BWXT), Oklo (OKLO), TerraPower, NuScale Power (SMR), and X-energy (XE) are involved in these projects, with varying timelines and costs. AI is also being used to accelerate reactor development. Th

Michigan AG Dana Nessel plans to challenge the U.S. Department of Energy's decision to keep Consumers Energy's J.H. Campbell coal plant open beyond its scheduled 2025 closure. The DOE issued six emergency orders citing reliability concerns, while critics argue no emergency exists and the plant's operation imposes unnecessary costs on ratepayers, with Consumers Energy reporting $295 million in related expenses since May 2025.

Constellation Energy (CEG) reports growth in Commercial & Industrial (C&I) demand, signing 920 MW of long-term nuclear Power Purchase Agreements (PPAs) in Q2, with an average duration of 18.5 years. The company expects nearly 30% of its clean baseload generation to be secured under long-term contracts, aiming for over 20% base EPS growth from 2026 through 2029. CEG's trailing-12-month ROE is 14.89%, above the industry average. Shares have risen 3.2% in the past three months, while the industry f

Nvidia Corp. (NVDA) reported earnings, highlighting a 70% revenue growth target for fiscal 2028, exceeding Wall Street's expectations. The company's margins are declining due to supply constraints, benefiting suppliers like Micron Technology Inc. (MU) and SanDisk Corp. (SNDK). Nvidia's focus on optical networking indicates potential bottlenecks, with investments in Lumentum Holdings Inc. (LITE) and Coherent Corp. (COHR).