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U.S. power stocks slump
Talen and Amazon Stocks Down After FERC Rejects Nuclear Power Deal
Talen Energy (TLN) and Amazon (AMZN) shares fell over 2% and 1%, respectively, on Monday. The decline came after the U.S. Federal Energy Regulatory Commission (FERC) denied a request to increase the power supply from TLN’s Susquehanna nuclear plant to AMZN’s data center campus.
Talen-Amazon Nuclear Power Deal Hits Speed Bump. Why Constellation Stock Is Down More.
Big tech companies need lots of electricity for their data centers, which are processing increasingly complex artificial intelligence applications.
US Power Stocks Slump After Regulator Rejects Nuclear Deal
Talen Energy Corp. and other US power company stocks slumped in pre-market trading Monday following the rejection by the country’s top energy regulator of Talen’s plan to supply a data center.
Nuclear-power stocks slide after regulator rejects plan to power Amazon data center
Nuclear-power stocks fell after regulators voted against a deal between Amazon and Talen Energy. The deal would permit a Talen nuclear plant to provide an Amazon data center with extra power. Nuclear stocks have surged this year as AI data centers boost energy demand.
3 Utility Stocks Suffering After Rejected Talen-Amazon Deal
Utility stocks are hurting amid news that the Federal Energy Regulatory Commission (FERC) rejected an amended interconnection service agreement between Amazon.com (AMZN) and Talen Energy (NASDAQ:TLN) at the latter's nuclear power plant.
U.S. power stocks slump after regulator rejects Amazon-Talen nuclear deal
Talen Energy and other U.S. power company stocks slumped Monday following the rejection by the country's top energy regulator of Talen's plan to supply an Amazon.com data center. The Federal Energy Regulatory Commission voted 2-1 late Friday against the
Nuclear Stocks Slide After Amazon's Data-Center Plan Is Rejected
Nuclear-energy stocks slid after the Federal Energy Regulatory Commission [shot down Amazon's plan to use more power from a Talen Energy nuclear reactor](
US Regulators Reject Plan To Increase Nuclear Energy Flow To Amazon Data Center
The proposal would have boosted the amount of electricity coming from the Pennsylvania power plant from 300 megawatts to 480 megawatts.
Talen Energy's Amazon Deal Hits Roadblock, Triggering Nuclear Sector Selloff And Retail Concerns
Bullish sentiment surrounding nuclear stocks took a hit after the Federal Energy Regulatory Commission (FERC) limited the power Amazon ($AMZN) could draw from Talen Energy Corp.'s ($TLN) nuclear facility in Pennsylvania.
Nuclear-Power Companies Hit by U.S. Regulator’s Rejection of Amazon-Talen Deal
Talen said it believed FERC had erred and was evaluating its options. The company can still restructure its expanded deal with Amazon, according to Oppenheimer analysts.
2d
Talen Energy Corp (TLN) Receives a Buy from Seaport Global
In a report released today, Angie Storozynski from Seaport Global reiterated a Buy rating on Talen Energy Corp (TLN – Research Report), ...
2d
on MSN
Why Oklo, Nano Nuclear, and NuScale Power Stocks All Dropped Today
And seeing as Oklo stock has more than doubled over the last 12 months, while Nano Nuclear has nearly quadrupled, and NuScale ...
1d
US stocks slide after nuclear deal dismissal
Talen Energy Corp and other US power company stocks slumped in pre-market trading Monday following the rejection by the ...
11d
‘Load Up,’ Says J.P. Morgan About These 3 Nuclear Power Stocks
After five years of closure, the Three Mile Island nuclear power plant is set to reopen. Known for the infamous 1979 partial ...
2d
on MSN
Why Constellation Energy Stock Crashed 11% After Earnings
The biggest argument in favor of Constellation Energy stock just became a liability. Electric utility stock Constellation ...
2d
on MSN
Nuclear Stocks Are Tumbling Monday: What's Going On?
Nuclear stocks are trading lower across the board on Monday after regulators rejected Talen Energy Corp’s (NASDAQ:TLN) plans ...
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