Shares of Constellation Energy Corp. advanced 4.70% to $291.89 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.47% to 6,039.31 and Dow Jones Industrial Average falling 0.
AI's impact on electricity demand is uncertain with the emergence of DeepSeek, causing confusion among investors and leading to a sell-off in power stocks. Less sensitive ETFs include XLU, RSPU, and GRID.
BofA lowered the firm’s price target on Constellation Energy (CEG) to $366 from $380 and keeps a Buy rating on the shares. Constellation and
Global stocks have advanced in thin Lunar New Year trading following a rebound on Wall Street driven by tech stocks as the panic over Chinese AI company DeepSeek fades. Most
Nvidia dipped 0.8% after initially gaining, following a nearly 17% plunge on Monday—its worst drop since the 2020 COVID crash.
Nvidia and other U.S. tech stocks are holding a bit steadier Tuesday, a day after tumbling on doubts about whether the artificial-intelligence frenzy really needs all the dollars
Nvidia and other U.S. tech stocks are steadying a day after tumbling on doubts about whether the artificial-intelligence frenzy really needs all the dollars being poured into it. The S&P 500 was 0.2% higher in early trading Tuesday.
Wall Street’s superstars tumbled Monday as a competitor from China threatens to upend the artificial-intelligence frenzy they’ve been feasting on.
TORONTO — Stock markets in Canada and the U.S. slid on Monday, led by deep losses in tech after investors were rattled by news of a Chinese AI startup that could pose a competitive threat to a sector that's led market gains for the past couple of years.
On the winning side of Wall Street were Novo Nordisk’s U.S.-listed shares, which jumped 8.5%. The Danish company reported results from a clinical trial of a treatment for people who are overweight or obese, which could mean bigger profits in the future.
Wall Street’s superstars are tumbling as a competitor from China threatens to upend the artificial-intelligence frenzy they’ve been feasting on
In a report released today, Ross Fowler from Bank of America Securities reiterated a Buy rating on Constellation Energy Corporation (CEG –