Constellation Energy Rises, Advanced Micro Devices Gains, Seagate Plunges as it Vies for TDK's Hard-Drive Head Unit

On this episode of Stock Movers:

- Constellation Energy (CEG) shares rise. Google parent Alphabet Inc. agreed to buy nuclear power from Constellation Energy Corp. in a 20-year power-purchase agreement that will drive more than $4.3 billion in investments to upgrade systems at 11 Constellation reactors.

- Advanced Micro Devices (AMD) shares gain. The chipmaker’s CEO predicted “very high” chip demand over the next few years. Separately, analysts raised their price targets on the stock, citing growth from AI agent products.

- Seagate (STX) shares plunge. Seagate Technology Holdings Plc and Toshiba Corp. are competing to acquire TDK Corp.'s magnetic-heads business for hard-disk drives. The acquisition is expected to be worth as much as several billion dollars and would give the winning bidder a critical part of the supply chain.

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