2 Uranium Stocks Fueling Growth From the Nuclear Power Surge
CEGstellation Energy (CEG) MarketBeat·2024-10-02 20:15

Uranium stocks have been surging thanks to the Constellation Energy Co. NASDAQ: CEG and Microsoft Co. NASDAQ: MSFT deal for the largest power-purchasing deal in history. The large hyperscalers are committed to sustainable and clean energy solutions to power their data centers. The electricity will be supplied by restarting the Three Mile Island Unit 1 nuclear reactor pending regulatory approval by the United States Nuclear Regulatory Commission (NRC). Uranium is required to power this and other nuclear reac ...