Why Constellation Energy Corporation (CEG) Skyrocketed On Tuesday

We recently published a list of Here’s What Fueled These 10 Firms’ Surge. In this article, we are going to take a look at where Constellation Energy Corporation (NASDAQ:CEG) stands against other Tuesday’s best-performing stocks.

The stock market ended the trading session in the red on Tuesday, with all major indices giving up earlier gains, as investors sold off positions while waiting for the results of the Federal Reserve’s policy decision, while digesting President Donald Trump’s new tariff policies.

Among all the major indices, the Dow Jones fell the heaviest, down 0.95 percent. The tech-heavy Nasdaq followed with a 0.87-percent decline, while the S&P 500 finished with a 0.77-percent drop.

Beyond the major indices, 10 firms stood out with strong gains amid a flurry of fresh developments, including new partnerships, optimistic outlooks, and impressive earnings performance. In this article, we name Tuesday’s 10 best-performing stocks and detail the reasons behind their gains.

To come up with the list, we considered only the stocks with a $2-billion market capitalization and $5-million trading volume.

Constellation Energy Corporation (NASDAQ:CEG)

Constellation Energy rallied for a fourth consecutive day on Tuesday, adding 10.29 percent to finish at $273.82 apiece as investor sentiment was boosted by announcements that it would now shift its focus to powering artificial intelligence data centers from giant warehouses.

According to a report by Reuters, Constellation Energy Corporation (NASDAQ:CEG) is increasingly focused on data center projects connected to the grid as it aims to take advantage of the continued demand for electricity from AI data centers.

“On-grid sales are increasingly attractive to us and to our customers. I do want to make clear that we still believe that behind-the-meter configurations will make sense for some customers,” Constellation CEO Joseph Dominguez was quoted as saying in a shareholders’ meeting.

Additionally, the company hinted that it was close to clinching a new long-term nuclear deal, albeit details of the project were not divulged.

In the first quarter of the year, Constellation Energy Corporation (NASDAQ:CEG) saw earnings per share settle at $2.14, falling short of analyst expectations.

However, revenues were better than expected at $6.79 billion versus the $5.24 billion consensus estimate.

Overall, CEG ranks 6th on our list of Tuesday’s best-performing stocks. While we acknowledge the potential of CEG as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than CEG but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.