Constellation Energy Stock Soars as Strong AI Power Demand Lifts Q1 Revenue
1. Constellation Energy beat Q1 revenue estimates, reaching $6.79 billion. 2. Despite a profit miss, full-year EPS guidance remains unchanged. 3. Energy demand from AI is a significant growth driver for CEG. 4. The $26.6 billion acquisition of Calpine is on track for completion. 5. CEG shares have increased over 20% year-to-date, spiking nearly 10% recently.