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Tracy Shuchart, independent trader and strategist at Independent / Trader, reports that Google parent Alphabet is close to reaching an agreement with Constellation Energy Corp. to purchase nuclear energy.
The deal, nearing $1 billion in value, comes as major technology companies look to secure reliable power supplies for growing data center operations. The agreement highlights growing demand for stable energy sources as the tech sector continues to expand.
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Shuchart has previously examined energy and commodity market connections, noting that only a significant drop in crude oil prices could arrest the rise in the U.S. 10 year yield. She has also reported on rising gold ETF holdings approaching February 2026 highs, even as gold prices experienced pullbacks. Her recent coverage continues to track shifts in resource demand from both financial and corporate sectors.