CNBC’s ‘Halftime Report Final Trades’ featured insights from market experts on Starbucks, utilities, copper, and energy stocks. Joshua Brown highlighted Starbucks’ potential to reach $100, while Shannon Saccocia favored the Utilities Select Sector SPDR Fund. Sarat Sethi recommended Freeport-McMoRan, and Joseph M. Terranova opted for Constellation Energy Corporation despite its recent pullback. Discover the rationale behind these trades and learn about the performance of these stocks.
CNBC’s ‘Halftime Report Final Trades’ featured several stocks making waves in the market, with Samsara hitting a new high, Aptiv getting an upgrade, iShares India 50 ETF benefitting from declining interest rates, and Constellation Energy striking a major deal with Microsoft.
Cameco Corporation (CCJ) stock is experiencing a surge in value, likely driven by the recent agreement between Constellation Energy and Microsoft to restart a dormant nuclear power plant. This move could signal a resurgence in the nuclear energy sector, benefiting uranium producers like Cameco.
The Dow Jones Industrial Average closed lower on Friday, but several stocks saw significant gains, particularly in the energy and technology sectors. Constellation Energy Corporation surged after signing a 20-year power purchase agreement with Microsoft, while other energy and technology companies also saw strong growth.
Constellation Energy Corporation (CEG) is set to restart the Three Mile Island Unit 1 nuclear power plant, a significant move fueled by a 20-year power purchase agreement with Microsoft (MSFT). This partnership aims to power Microsoft’s data centers with carbon-free energy, marking a milestone in their sustainability goals. The restarted plant, renamed the Crane Clean Energy Center, is expected to be operational by 2028.
