Von der Leyen says the EU must address dependence on foreign fossil fuel markets

According to news from Zhitong Finance APP, on Tuesday, Constellation Energy (CEG.US) surged over 12% to $301.57. On October 6th local time, Google announced a long-term strategic energy partnership with Constellation, a US energy company, with a total capacity of 3.59GW. The deal is divided into two parts: 890MW of newly added nuclear power capacity, expected to be operational between 2028 and 2032 and to last for 20 years; and 2.7GW of flexible capacity, lasting 15 years. With financial support from Google, Constellation will upgrade its 11 nuclear power units across multiple states, creating approximately 7,200 construction jobs during the project period.

According to Odaily, Morgan Stanley has released a research report maintaining its “Overweight” rating on SpaceX (SPCX.US) and a target price of $300, representing nearly 90% upside from the closing price of $158.96 on October 2. Analyst Adam Jonas and his team put forward a bolder view: space is becoming the ultimate arena where energy is converted into intelligence in the age of AI.

The Dow Jones opened up 0.34%, the Nasdaq rose 0.6%, and the S&P 500 increased by 0.41%. Leading tech stocks saw gains: Super Micro Computer rose 2.58%, Nvidia was up 1.34%, and Microsoft increased by 1.24%. The Nasdaq Golden Dragon China Index edged up 0.02%, while iQIYI fell 1.94% and NetEase dropped 1.58%.

Nike (NKE.US) dropped by about 1% after Berenberg downgraded its rating to "Sell".