BUZZ - Nuclear-related stocks rise after Google reaches an agreement with Constellation Energy
路透社2026/10/06 15:41On October 6th, Tuesday, U.S. nuclear energy and utilities sector stocks rose due to the spillover effect from a power cooperation agreement between Alphabet, the parent company of Google (GOOGL.O), and Constellation Energy (CEG.O). CEG's stock surged by over 13% after GOOGL and CEG entered into a multi-year agreement (link) for GOOGL to purchase 3,590 megawatts of power from CEG. The two companies stated that roughly one-quarter of this power will come from newly built nuclear projects. The agreement was signed as major technology companies are racing to secure large-scale electricity supplies to meet the growing energy demand from data centers across the United States. Shares of companies developing small nuclear reactors soared: NuScale Power (SMR.N) rose 7%, Nano Nuclear Energy (NNE.O) rose 8%, Oklo (OKLO.N) rose 7.5%. Uranium producers also saw gains: Centrus Energy (LEU.N) increased 11%, enCore Energy (EU.O) rose 8%, and Uranium Energy (UEC.A) climbed 8%. Nuclear utilities gained as well: Vistra (VST.N) up 10%, GE Vernova (GEV.N) up 5%, and Talen Energy (TLN.O) up 13%. Meanwhile, NRG Energy (NRG.N), which supplies power to data centers, rose 7%. For the convenience of non-English speakers, Reuters provides its report with automated translations in several other languages. Due to possible translation errors or lack of contextual accuracy, Reuters does not guarantee the precision of automated translations, which are supplied solely for the convenience of readers. Reuters assumes no liability for any damages or losses arising from the use of automated translation features.
October 6 - ** On Tuesday, shares of U.S. nuclear energy and utility companies rose after a power supply agreement between Google's parent company Alphabet GOOGL.O and Constellation Energy CEG.O had a spillover effect.
** CEG shares> soared 13% after GOOGL reached a multi-year agreement (link) with CEG to purchase 3,590 megawatts of electricity; the two companies said about a quarter of the electricity would come from new nuclear power projects.
** The deal was signed as major tech companies are racing to secure large power supplies to meet the energy needs of data centers across the United States.
** Shares of companies developing small nuclear reactors soared: NuScale Power SMR.N rose 7%, Nano Nuclear Energy NNE.O rose 8%, Oklo OKLO.N rose 7.5%.
** Shares of uranium producers climbed: Centrus Energy LEU.N rose 11%, enCore Energy EU.O rose 8%, Uranium Energy UEC.A rose 8%.
** Nuclear power utility shares increased: Vistra VST.N rose 10%, GE Vernova GEV.N rose 5%, Talen Energy TLN.O rose 13%.
** Utility firm NRG Energy NRG.N, which supplies power to data centers, rose 7%.
(To facilitate non-native English speakers, Reuters provides automated translations of its reports into several other languages. Because automated translation may be inaccurate or lack required context, Reuters does not guarantee the accuracy of translated texts and provides them solely for reader convenience. Reuters accepts no responsibility for any damage or loss caused by the use of automated translation.)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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BUZZ - Australian winemaker Treasury Wine recovers early losses, Jefferies believes its troubles in the US are easing
October 7th - Treasury Wine Estates (TWE.AX) shares recovered a 1.8% loss in afternoon trading and were basically flat. Jefferies maintained a "Hold" rating on TWE and an AUD 6 target price, stating that although excess inventory and rising costs in the US market are limiting upside potential, TWE’s underperformance relative to the broader market has been narrowing. The brokerage expects a 1.2% increase in EBIT for fiscal year 2027 and notes that the US wine market is showing moderate growth in the higher price segment. Jefferies mentioned that the price segment below $20 still faces significant challenges and emphasized that low-priced wines continue to face pressure. The brokerage pointed out that competitor Constellation Brands’ (STZ.N) wine and spirits business saw organic sales increase by 17.2% in the second quarter, with sales to retailers up by 10.2%. TWE shares have risen 6.1% year-to-date. (For the convenience of non-English speakers, Reuters offers automated translations of its report into a number of other languages. Automated translation may contain errors or may not capture the intended context, and Reuters does not guarantee the accuracy of this text. It is provided only for convenience, and Reuters is not liable for any damage or loss caused by the use of automated translation.)
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