Nuclear stocks rise as Constellation Energy secures $1 billion US government deal

Nuclear power stocks are rising in early 2025, driven by new deals and strong demand. Constellation Energy's shares increased 4% after announcing a $1 billion contract to supply nuclear power to US government agencies over the next decade. Vistra Corp also saw an 8.5% jump in its stock, following an 8% gain the previous day. Analysts suggest that Constellation's deal may indicate more nuclear contracts in the future, particularly with tech companies needing energy for AI data centers. The demand for power related to artificial intelligence is expected to grow significantly. Analysts predict that independent power companies will benefit from this trend, with potential stock gains of around 29% in 2025.