NRG Energy (NYSE:NRG) shares drop, LS Power expenses offset EBITDA increase

Shares of NRG Energy declined 15.5% on Tuesday after the company reported adjusted earnings that came in below expectations. The selloff among power generators intensified following a Texas audit of data-center power requests.

Constellation Energy stock ends shortened week higher as AI power rules lift nuclear trade

Constellation Energy stock ends shortened week higher as AI power rules lift nuclear trade

Constellation Energy shares ended a holiday-shortened U.S. trading week sharply higher, helped by a fresh federal push to speed electricity connections for large AI data centers and by renewed buying in power producers tied to the data-infrastructure trade. The stock closed Thursday at $274.06, up 2.58% on the day and 8.0% from its June 12 close.
Constellation Energy stock price drops 11% as $5 billion LS Power sale sharpens Calpine focus

Constellation Energy stock price drops 11% as $5 billion LS Power sale sharpens Calpine focus

Constellation Energy slid 10.9% Friday to close at $281.99, erasing gains from earlier in the week. The drop followed its $5 billion PJM asset sale, and a sharp selloff hammered U.S. power stocks. Trading volume spiked: over 6.1 million shares exchanged hands versus 2.4 million the prior session. Vistra gave up 12.6%, NRG Energy was down 9.7%, and Talen Energy also lost 10.9%.
Constellation Energy stock slips after Wells Fargo trims target as PJM data-center rules loom

Constellation Energy stock slips after Wells Fargo trims target as PJM data-center rules loom

Constellation Energy shares slipped 1.6% to $302.88 in late-morning trading Tuesday after Wells Fargo lowered its price target to $460 from $478 but maintained an Overweight rating. The stock touched an intraday low of $295.20 before clawing back some losses, as the SPDR S&P 500 ETF dropped 1.1% and the utilities sector ETF edged down around 0.2%. Vistra slid 2.9%, NRG Energy lost 1.1%, while Talen Energy gained 0.7%.
GE Vernova stock price jumps 6% on PJM emergency auction push — what to watch next

GE Vernova stock price jumps 6% on PJM emergency auction push — what to watch next

GE Vernova Inc shares closed up 6.1% on Friday at $681.55, as investors weighed a White House push for PJM Interconnection to run an “emergency” power auction aimed at speeding new generation onto the grid. The stock added $39.27 on the day, traded between $651.00 and $692.49, and saw about 5.0 million shares change hands, according to market data.

US Stock Market Today Updates

MARKET CALENDAR

Key Events Today

The catalysts most likely to move markets.

#1

Warsh at Jackson Hole

Policy tone can move rates, USD, equities, gold and crypto simultaneously.

#2

Michigan sentiment

A weak final reading or elevated inflation expectations could pressure risk assets.

#3

Chicago PMI

A surprise versus 58.0 may alter the near-term manufacturing-growth narrative.

View full calendar
Times and estimates may change. Verify before trading.