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AI power stocks attempt rebound as DeepSeek release casts 'uncertainty' over industry

January 29, 2025
Source: finance.yahoo.com finance.yahoo.com
News Snapshot:
AI-exposed power stocks rebounded on Tuesday after getting crushed the previous day alongside a tech rout following the release of a new AI model from the Chinese upstart DeepSeek. Constellation Energy (CEG), the largest nuclear plant operator in the US, was above the flatline after tumbling 21% in the prior session. Electricity and power generator Vistra Corp (VST) jumped roughly 7% after sinking by a record 28%. Meanwhile power equipment maker and servicer GE Vernova (GEV) gained more than 6%, following a 21% drop. • USD (GEV) View Quote Details In late January, DeepSeek released a new AI model that...
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