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Nvidia Damage Spreads To Energy StocksShares of both Constellation Energy CEG -1.33%↓ and GE Vernova GEV 0.19%↑ are down more than 10% in the past week, mirroring those of AI leaders Nvidia and Broadcom AVGO -1.43%↓. While nothing Nvidia said about its sales pipeline or even guidance for the coming quarter was alarming,
Vistra reported strong fourth-quarter earnings and reiterated its fiscal-year guidance but shares declined as Nvidia traded lower, showcasing the link between nuclear energy and artificial-intelligence stocks.
Constellation Energy (CEG) is the leading provider of carbon-free energy in the U.S. Learn more about how to invest in Constellation Energy stock, including its dividend history and whether it's profitable.
High-flying AI stocks tumbled on Friday amid a broad risk-averse pivot on Wall Street. Utilities Constellation Energy Corp. ( CEG) and Vistra ( VST) each closed about 8% lower, while nuclear energy technology company Oklo ( OKLO) slid 9%. Oklo, which is backed by OpenAI CEO Sam Altman, lost nearly 30% of its value this week.
The most talked about and market moving research calls around Wall Street are now in one place. Here are today’s research calls that investors
Electric Power Research Institute initiative that includes Google and Nvidia looks for ways to alleviate strain on electric grids.
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