Constellation Energy (CEG.US) reported mixed results in Q1, with AI boosting energy demand reaffirming its profit guidance for 2025.
Chitrans Finance APP learned that Constellation Energy (CEG.US) saw a strong 10.5% increase in stock price on Tuesday, leading the S&P 500 index. The largest nuclear power plant operator in the United States easily surpassed revenue expectations in the first quarter and, despite falling short of market consensus earnings per share in the first quarter, reiterated its full-year adjusted profit guidance. This was due to the continued rise in energy demand brought about by the application of artificial intelligence.
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