Constellation Energy jumps over 4% after report of Alphabet nuclear power deal worth $1 billion or more

Reports that Alphabet is nearing a multiyear, $1B+ nuclear power purchase agreement with Constellation Energy boosted CEG shares and reinforces the market narrative that nuclear generation is becoming a strategic input for AI data-center growth. If confirmed, the deal would extend Constellation's long-duration contract base alongside similar agreements with other hyperscalers, improving revenue visibility and highlighting nuclear's role in reliable baseload supply.