Why Centrus Energy Stock Soared Today
Centrus Energy (NYSEMKT: LEU) stock jumped 8.8% through 3:15 p.m. ET Wednesday on (potentially) terrific news for the nuclear power industry.
Earlier this year, investors in nuclear stocks -- and artificial intelligence (AI) stocks -- were all aflutter after reports said is slow-rolling setting up data centers for AI services. And if Microsoft is foreshadowing AI doom, this might mean we won't need to build a lot of nuclear power plants to keep AI server farms humming.
Yesterday, though, Constellation Energy announced a 20-year deal to supply nuclear power to Meta Platforms server farms. Today, it was Amazon's turn to give nuclear stocks a boost, announcing a $10 billion investment in new data centers in North Carolina.
Source Fool.com
Microsoft Corp. Stock
€432.80
-0.790%
The stock is one of the favorites of our community with 121 Buy predictions and 3 Sell predictions.
With a target price of 473 € there is a slightly positive potential of 9.29% for Microsoft Corp. compared to the current price of 432.8 €.
