Bloomberg Reported Google, Constellation Energy Near $1B Deal For Nuclear Power
https://www.bloomberg.com/news/articles/2026-10-06/google-constellation-near-billion-dollar-deal-for-nuclear-power
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The Dept. of Energy plans a $4.2B loan to Vistra for nuclear uprates, boosting power sales to Meta’s AI data centers.
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https://www.bloomberg.com/news/articles/2026-10-06/google-constellation-near-billion-dollar-deal-for-nuclear-power
The Nasdaq 100 trades at records Monday, yet 55 of its 101 stocks sit below their 50-day average. QQQ has beaten equal-weight QQQE by 8% since late July.
Wall Street firms predict a nuclear energy renaissance driven by AI data center demand, which is expected to increase power consumption by 175% by 2030. Investors can gain exposure through three approaches: small modular reactor (SMR) developers like NuScale and Oklo, nuclear utility operators like Constellation Energy, or uranium ETFs.
Tom Lee sees lower yields boosting tech and crypto. But rising AI debt raises a bigger question: Can hyperscalers earn enough to justify the spending?
https://www.theinformation.com/articles/meta-microsoft-work-wean-staff-anthropics-claude
Nebius, an AI cloud neocloud provider, has surged 110% over the past year and could potentially double by 2030 as demand for data center capacity accelerates. The company has secured $40 billion in customer commitments including a $12-15 billion Meta deal, but faces concerns over massive capital expenditures ($22.5 billion annually) with minimal current profits, raising questions about whether spending will translate to profitability.