Accenture Faces AI; Micron Beat; Constellation Energy Gains
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Accenture (ACN) shares are moving after it reported earnings this morning. The company had entered Thursday grappling on how AI will affect the company, with shares down 32.1% year to date.
- Micron Technology (M) shares are moving after it reported fourth-quarter results that beat expectations and gave an outlook that points to durable AI-related demand. Still, Vital Knowledge noted that expectations are very high for the space, “so investors might look at the MU release as not being much better than ‘inline.’”
- Alphabet (GOOG) shares are reacting to the company's announcement of a new frontier model called Gemini 4 Argon, the company announces on their blog. The new model is rolling out with the US government and a set of trusted cyber defenders through its Fairwind Program
- Constellation Energy (CEG) is gaining after the operator of gas power plants said it signed a 20-year power purchase agreement with Amazon, which covers 690 megawatts of nuclear capacity at Maryland’s Calvert Cliffs Clean Energy Center, including a 190-megawatt uprate.
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