On this episode of Stock Movers:
- Constellation Energy (CEG) agreed to sell power from an operating Illinois nuclear plant to Meta Platforms Inc., a deal that could spur construction of a new reactor at the site as artificial intelligence sends power demand soaring. The parent company of Facebook, Instagram and WhatsApp signed a 20-year contract to buy the output from the Clinton plant starting in mid-2027, when a state subsidy expires, according to a statement Tuesday. Constellation, the biggest US nuclear operator, declined to provide financial details.
- Applied Digital (APDL) shares rise as much as 45% on Monday, in biggest intraday jump since September, after the company entered into two lease agreements with CoreWeave in North Dakota. Shares in CoreWeave climb as much as 11%.
- Credo Technology (CRDO) shares advance 13% in premarket trading after the company reported revenue for the fourth quarter that beat the average analyst estimate.

Meta Gains on Cloud Report, Bending Spoons Shares Soar in Debut, Nike Higher
04:51

Stock Movers: Meta Rises on Cloud Infrastructure, Coreweave Sinks, Bending Spoons IPOs
08:55

AOL Owner Bending Spoons Jumps After IPO, Nike Rises, Meta Plans New Cloud Business
04:00