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Constellation Energy stock is still rising after the power company's landmark announcement last week that it plans to restart the Three Mile Island nuclear plant in Pennsylvania. The operational risk to bring the plant back online in 2028 appears manageable, Morgan Stanley told clients in a note on Monday. Renewable energy and natural gas stocks could also indirectly benefit from nuclear deals, according to Morgan Stanley analyst Stephen Byrd. Renewable stocks such as AES Corp. , NextEra Energy and First Solar could get a tailwind for the same reason, according to Morgan Stanley. CEO John Ketchum said the company is looking at restarting the Duane Arnold nuclear plant in Iowa.
Persons: Morgan Stanley, David Arcaro, Arcaro, Stephen Byrd, Byrd, NextEra, John Ketchum, Duane Arnold, Wells, Neil Kalton, — CNBC's Michael Bloom Organizations: Constellation Energy, Constellation, Microsoft, Vistra Corp, Vistra, Public Service Enterprise Group, Tech, . Companies, GE Vernova, Siemens Energy, Mitsubishi Power, NRG Energy, AES Corp, NextEra Energy Locations: Pennsylvania, Iowa, Wells Fargo
NBC News interviewed 10 women who say they gave birth with Baker, two in Wisconsin before 2014 and eight in Mexico in the years since. On social media, accounts with the usernames “Heather Baker Midwife” and “heatherbakermidwife,” one of which had her photo, sent “cease and desist” messages to Nosek and another former client. John Beard, a spokesperson for the Wisconsin licensing agency, declined to answer questions about Baker, citing an ongoing investigation. After an initial check when Baker arrived, Nosek told NBC News, Baker checked his heartbeat only four times after her labor began. Baker, Nosek said, tried to resuscitate him.
Persons: Jennifer Nosek’s, Heather Baker, Nosek, , Nosek’s, Baker, isn’t, Rene Lamos Nosek, she’d, Baker’s, Baker didn’t, , ” Caroline Clancy, John Beard, didn’t, Jordan, ” Nosek, “ I’m, Rene Lemos, Joaquin, wouldn’t, Stephanie Mitchell, ” Baker, Mexico’s, Aviva Romm, Romm, Misoprostol, Anna Moneymaker, aren’t, Gynecologists, Luciana Suarez, Luciana Suarez Luciana Suarez, Suarez, Luciana Suarez “, Heather, ” Suarez, ” Misoprostol, Becky Whitmore, Kate McLean, “ That’s, ” Robin Benedict, Allan Spencer, Robin Benedict Heather Baker, Robin Benedict's, Robin Benedict Robin Benedict, Benedict, Jennifer Nosek, Laurita, Lemos, Lemos couldn’t, ” Lemos, He’s, Baker scribbled, who’d, they’d, Julian Zaire, Jackie Dives, Sayulita, Luciana Suarez’s, Thai Shaffer, Julian, you’ll Organizations: Canadian, NBC, FBI, Wisconsin Department of Safety, Professional Services, NBC News, Milwaukee, Jordan Siemens, Getty, Services, American College of Obstetricians, OB, PayPal, American College of, Locations: Sayulita, Mexico, Nosek’s, Wisconsin, Nayarit, Mexican, U.S, Canada, Alabama, contrx, Washington, American, Nosek, British Columbia, Joaquin
Norma Field walks under power lines coming off of the nuclear plant on Three Mile Island (TMI), with the operational plant run by Exelon Generation, in Middletown, Pennsylvania. Constellation Energy plans to restart the Three Mile Island nuclear plant and will sell the power to Microsoft, demonstrating the immense power needs of the tech sector as they build out data centers to support artificial intelligence. Constellation described the agreement with Microsoft as the largest power purchase agreement that the nuclear plant operator has ever signed. Three Mile Island would be the second nuclear plant to restart operations in U.S. history. The Palisades nuclear plant in Michigan would be the first, with that plant expected to return to service at the end of 2025.
Persons: Norma Field, Constellation, Joe Dominguez, Goldman Sachs Organizations: Exelon, Constellation Energy, Microsoft, Constellation, Nuclear Regulatory Commission, Clean Energy Center, Rystad Energy, Turkey . Tech, Amazon Web Services, Talen Energy, Susquehanna, Oracle Locations: Middletown , Pennsylvania, Turkey, Pennsylvania, Michigan
Constellation Energy plans to restart the Three Mile Island nuclear plant , with operations slated to resume in 2028 subject to approval by the Nuclear Regulatory Commission. It demonstrates the growing financial opportunity that nuclear power represents for utilities and their investors. VST YTD mountain Vistra shares, YTD The power company, headquartered outside Dallas, is viewed as one of the lead contenders to ink a data center nuclear deal next. "Vistra's timely acquisition of nuclear portfolio Energy Harbor in 2023 gives the company a coveted nuclear portfolio," the analysts said. Burke specifically called out Comanche Peak, a twin reactor nuclear plant with 2.4 gigawatts of capacity outside Forth Worth, Texas.
Persons: Vistra, Shahriar Pourreza, Jefferies, Julien Dumoulin, Smith, Jim Burke, Burke, John Ketchum, Duane Arnold, Ketchum, NextEra, Robert Blue Organizations: U.S, Constellation Energy, Nuclear Regulatory Commission, Microsoft, Vistra Corp, Nvidia, Energy, Guggenheim Securities, Wall Street, Jefferies, NextEra Energy, Dominion Energy, Dominion Locations: Dallas, Ohio, Pennsylvania, Energy Harbor, Forth Worth , Texas, Iowa, FactSet, Waterford , Connecticut
Talen's surge comes on the back of its deal to sell a data center campus to Amazon Web Services and supply the facility with nuclear power from the Susquehanna station northwest of Allentown, Pennsylvania. The deal is viewed as a trailblazing agreement for the power industry, and Wall Street has taken notice. A year ago, Talen was not covered by any Wall Street analysts, according to FactSet data. And Talen's assets are located almost entirely in the PJM grid, a predominantly mid-Atlantic region where power prices are expected to explode as demand outstrips supply due in part to growing data center load. Data center developers are expected to spend $250 billion annually on data centers, Barclays analyst Nicholas Campanella said in a note this week.
Persons: Talen, Shahriar Pourreza, Pourreza, TLN, William Appicelli, Nicholas Campanella, Campanella, amortization, Appicelli Organizations: Talen Energy Corporation, Amazon Web Services, Street, Barclays, Guggenheim, Jefferies, UBS, Susquehanna, Talen Energy, AWS, American Electric Power, AEP, Federal Energy Regulatory Commission Locations: Susquehanna, Allentown , Pennsylvania, Wednesday's
U.S. crude oil rose nearly 1% on Thursday, one day after the Federal Reserve slashed interest rates for the first time in more than four years and as tensions in the Middle East continued to escalate. The Fed surprised the market on Wednesday with a bigger-than-expected cut of a half percentage point. Oil prices, however, closed slightly lower as rate cuts had largely already been priced in. Here are Thursday's energy prices:Crude futures are on the rebound again as tensions soar between Israel and the Iranian-backed militia group Hezbollah in Lebanon. Oil market analysts have warned for months that an all-out war between Israel and Hezbollah, which until now have traded rocket fire, could force OPEC member Iran to directly intervene, raising the risk of disruptions to Middle East crude oil supplies.
Persons: Israel, Yoav Gallant Organizations: Federal Reserve, Fed, NBC News, Israeli Locations: Israel, Lebanon, Lebanon . U.S, Gaza, Iran
"Interest rates took the elevator going up, but they'll be taking the stairs coming down," he said. That makes paying down high-cost credit card debt a top priority since "interest rates won't fall fast enough to bail you out of a tight situation," McBride said. "Many Americans have been holding off on making vehicle purchases in the hopes that prices and interest rates would come down, or that incentives would make a return," Caldwell said. Student loansFederal student loan rates are also fixed, so most borrowers won't be immediately affected by a rate cut. Eventually, borrowers with existing variable-rate private student loans may be able to refinance into a less expensive fixed-rate loan, he said.
Persons: Spencer Platt, APRs, McBride, they'll, Jacob Channel, Jessica Caldwell, Edmunds, Caldwell, Mark Kantrowitz Organizations: Getty, Treasury, Auto, Fed Locations: New York City, Edmunds
U.S. crude oil fell Wednesday ahead of the Federal Reserve's pivotal decision on interest rates later this afternoon. The oil market has been rattled this month by worries about a growing imbalance between supply and demand. Bulls are hoping that a decision by the Fed to cut interest rates for the first time in years could put a bid into the market. Andy Lipow, president of Lipow Oil Associates, said a 25 basis point cut is probably already priced into the oil market. Traders are also waiting for the latest data on U.S. crude oil inventories at 10:30 am ET.
Persons: Matt Smith, Andy Lipow, Lipow Organizations: Federal, Americas, Kpler, Brent, Bulls, Fed, Lipow Oil Associates, Hezbollah, Traders Locations: U.S, China, OPEC, Canada, Brazil, Guyana, Israel, Iran, Lebanon
U.S. crude oil traded above $70 per barrel on Tuesday, as production in the Gulf of Mexico is still in recovery mode after Hurricane Francine. More than 200,000 barrels per day remained offline in the Gulf as of Monday, according to Bureau of Safety and Environmental Enforcement. Production from undamaged facilities will be brought back online immediately after checks have been completed, according to the agency. The central bank is widely expected to lower rates, though Wall Street is divided on the magnitude of the cut. U.S. crude oil is down more than 13% this quarter while Brent has fallen nearly 16% as demand slows in China, the world's largest crude importer, and OPEC+ plans to increase production in December.
Persons: Francine, Brent Organizations: of Safety, Environmental Enforcement, Federal Reserve Locations: Gulf, Mexico, China, OPEC
He said their rhetoric is responsible for threats and violence against him, even though they routinely denounce political violence and did so on Sunday. In turning so fast to Biden and Harris, Trump skipped past appeals for sympathy and even a perfunctory call for calm or unity. The Secret Service fired at a suspect, who fled and was quickly apprehended by police. "I am thankful that former President Trump is safe." The area around Trump International Golf Club was secured after an apparent assassination attempt on Donald Trump in West Palm Beach, Fla., on Sunday.
Persons: Donald Trump, Trump, Kamala Harris, Joe Biden, Elon Musk, Biden, Harris —, Harris, Ric Bradshaw, Mike Johnson, Ronald Rowe, Johnson, won’t, , Spencer Platt, Musk, Joe Raedle, We're, ” Trump, George Floyd's, Nancy Pelosi's, — Biden — Organizations: Biden, Republican, Secret Service, Trump, ABC, Fox News, Convention, Republican National Convention, Democratic Party, Democrat Party, Trump International Golf, Minneapolis police, Capitol Locations: Palm, Palm Beach, Mar, Butler , Pennsylvania, Pennsylvania, Milwaukee, New York, West Palm Beach, Fla
Mark your calendars because Target has just announced its upcoming Target Circle Week. When is Target Circle Week? Target Circle Week will start on Oct. 6 and will run until Oct. 12. Who can shop during Target Circle Week? Target Circle Week is exclusive to Target Circle Members.
Persons: , FAO Schwarz, Papatui, Spencer, TikTok Organizations: Target’s, Target Circle, Apple, Disney, FAO, NBC, Amazon, Facebook, Twitter
The S & P 500 rebounded 4% this past week, almost clawing back all of the prior week's horrible decline. Fed watch The Fed is the big market event this week. ET: Fed rate decision Before the bell: General Mills (GIS) After the bell: Steelcase (SCS) Thursday, Sept. 19 8:30 a.m. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Persons: Jim Cramer, Jensen Huang's, Goldman Sachs, Jim, Huang, Lisa Su, Su, Vimal Kapur, Morgan, Brian Niccol, Wells, Morgan Stanley, Jerome Powell, They're, Lennar, Doug Yearley, Mills, LEN, Jim Cramer's, Spencer Platt Organizations: Federal, Dow, Nasdaq, Nvidia, Club, Technology, CNBC, Oracle, Devices, TAM, Apple, Honeywell, Starbucks, Barclays Global Financial Services, Fed, FedEx, homebuilder, Home Depot, Darden, Jim Cramer's Charitable, New York Stock Exchange, Getty Locations: Las Vegas, U.S, America, Horton, New York City
Known for his creative social media output and seismic success in the Octagon, O’Malley has quickly become a fan favorite and UFC champion. O'Malley's combination of his unique look, social media output and success in the ring has made him a UFC favorite. O’Malley said on social media that he was withdrawing from his fight against Jose Quiñonez on October 6, 2018 at UFC 229 after failing a drugs test. A couple of face tats, a couple colorful hairs and boom.”To pair with that, his social media activity differs widely from the traditional content seen from his contemporaries. He explains that he’s always been the “class clown, goofy kid” and that he sought a way of turning that into something more tangible through social media.
Persons: Sean O’Malley, O’Malley, “ Suga, Johnny Aho, ” O’Malley, Georgia’s Merab Dvalishvili, Chris Unger, Jose Quiñonez, , ” USADA, Marlon Vera, O’Malley’s, Tim Welch, Welch, Pedro Munhoz, Petr Yan, Aljamain Sterling, , Vera, Paul Rutherford, Spencer Kyte, Alexander Volkanovski, Stephen ‘ Wonderboy ’ Thompson, O'Malley, Megan Briggs, Suga ”, MMXXIII, ’ ”, ’ “, he’s Organizations: CNN, UFC, CNN Sport, Doping Agency, Fighting, Ecuadorian, YouTube, Getty Locations: Helena , Montana, U.S, Miami , Florida
Traders on the New York Stock Exchange floor on Sept. 9, 2024. Spencer Platt | Getty Images News | Getty ImagesSeptember historically hasn't been kind to stock investors. September is the only month during that nearly century-long period in which investors experienced an average loss, according to Morningstar. Trying to time the market is a losing betAlistair Berg | Digitalvision | Getty ImagesInvestors holding their money in stocks for the long-term shouldn't bail, Yoder said. Don't put faith in market maximsSimilarly, investors shouldn't necessarily accept market maxims as truisms, experts said.
Persons: Spencer Platt, Morningstar, Abby Yoder, Yoder, Alistair Berg, Digitalvision, Edward McQuarrie, McQuarrie, couldn't, J.P Morgan Organizations: New York Stock, Getty, Morningstar Direct, Finance, Morgan Private Bank, Investors, Santa Clara University, Fidelity Investments, Federal Reserve, Investor, Mutual Locations: U.S, Wells, New York City, New York
Back in April, "A Bar Song" made history when it replaced Beyoncé's "Texas Hold 'Em" atop Billboard's Hot Country Songs. "Cowboy Carter" made chart history and inspired thoughtful conversations about systemic racism in the music industry. (As Billboard reported, Beyoncé's team did not need to submit "Cowboy Carter" in order for the album to be eligible. And that project changed a lot of people's lives, mine included," Shaboozey said of "Cowboy Carter." Shaboozey himself received two nods for the 2024 CMAs: new artist of the year and single of the year for "A Bar Song (Tipsy)."
Persons: , Shaboozey, Carter, Tanner Adell, Brittney Spencer, Beyoncé, Beyoncé's, you've, everyone's, it's Organizations: Service, MTV, Virginian, Business, Spotify, Hollywood, Billboard Locations: Texas
U.S. crude oil jumped more than 1% to trade above $68 per barrel on Thursday, after Hurricane Francine churned through the Gulf of Mexico, disrupting oil production before making landfall in Louisiana. Oil futures rose more than 2% in the previous session as the storm threatened supplies. "Hurricane Francine has likely disrupted about 1.5mn barrels of US oil production, which we estimate will reduce September production in the Gulf of Mexico by around 50,000bpd," Giovanni Staunovo, an analyst at UBS, told clients in a Thursday note. Staunovo said the recent slump may be due to traders losing confidence in OPEC's ability to maintain compliance with production cuts at lower price levels. UBS expects oil prices will continue to rise, at least the short term.
Persons: Hurricane Francine, Francine, Giovanni Staunovo, Staunovo, Brent Organizations: UBS, bbl Locations: Gulf of Mexico, Louisiana, Gulf, Mexico, 50,000bpd
Last year, Falconi successfully petitioned the Nevada Supreme Court, which ruled that the public has a constitutional right to access Family Court cases. While the court is scheduled to hold evidentiary hearings next week, a decision from the court on media access could come at any time. If a judge does agree to unseal the case, it could have major ripple effects for Nevada family courts. Some have argued that sealing family court cases helps protect the privacy of vulnerable people. Falconi is not working with the media coalition, but said he hopes the national media attention on the Murdoch case will tangentially help his mission.
Persons: Rupert Murdoch, , Murdoch’s, — Lachlan, James, Elisabeth, Prudence, Murdoch, Lachlan, James Murdoch, Kamala Harris, Elisabeth Murdoch, Alex Falconi, Falconi, St James, Victoria Jones, ” Falconi, , “ Doe, Rupert Murdoch “, , “ They’re Organizations: New, New York CNN, HBO, Fox Corporation, News Corporation, CNN, New York Times, Fox, News Corp, Street, New York Post, Silver State, Nevada, American Civil Liberties Union, Spencer, The New York Times, National Public Radio, Nevada Supreme, News Locations: New York, Reno , Nevada, Australia, Nevada, Washoe, “ Nevada, London
The sharp slump in crude oil this month has driven down energy stocks, but the pullback also presents an opportunity for investors to gain exposure to some high-quality companies, according to Goldman Sachs. Crude oil futures rebounded somewhat Wednesday, but the U.S. benchmark and Brent are still down about 8.5% and 10.4%, respectively, in September. Wall Street analysts have an average stock price target of $139 on Conoco, implying upside of nearly 37% from Wednesday's close of $102.57 per share, according to FactSet data. The Street has an average price target of $18 on Talos, suggesting nearly 70% upside from Wednesday's close of $10.84 per share, according to FactSet. EQT has an average target price of $43, based on the Street consensus among analysts, representing a return of 31% from Wednesday's close of $32.88 per share, according to FactSet.
Persons: Goldman Sachs, Brent, Goldman, Neil Mehta, Mehta, Conoco, Tim Duncan, EQT, — CNBC's Michael Bloom Organizations: Brent, ConocoPhillips, Wall Street, Talos, EQT Locations: U.S, Wednesday's
CNBC Daily Open: Looking past sticky core inflation
  + stars: | 2024-09-12 | by ( Yeo Boon Ping | ) www.cnbc.com   time to read: +2 min
Spencer Platt | Getty Images News | Getty ImagesThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. The S&P 500 climbed 1.07%, the Dow Jones Industrial Average added 0.31% and the Nasdaq Composite shot up 2.17%. Core inflation, to which the Fed pays more attention because it more accurately reflects price movements, came in a bit higher than expected for the month. Core inflation was higher than the headline number because food and energy prices are stripped out from the former.
Persons: Spencer Platt, , Jeff Cox, Pia Singh, Lisa Kailai Han Organizations: Getty, CNBC, Dow Jones, Nasdaq, Fed, of Labor Statistics, Nvidia, Reuters, U.S . House Locations: Brooklyn, New York City, U.S, Saudi Arabia
Patrick T. Fallon | Bloomberg | Getty ImagesMicrosoft on Thursday said that it is cutting 650 roles at its Xbox gaming division, in the latest major round of layoffs to hit the video game industry. It marks the third series of redundancies in Microsoft's video game unit since the company's blockbuster acquisition of Activision Blizzard, the publisher behind the Call of Duty franchise, for $69 billion in cash. In a memo obtained by CNBC, Phil Spencer, CEO of Microsoft Gaming, told employees that the firm had taken this "difficult" decision to align its post-acquisition team structure and "organize our business for long term success." Bethesda publishes major gaming titles, such as the Fallout and The Elder Scrolls series. Major gaming studios have cut thousands of jobs around the world, beginning in 2023 and continuing into 2024.
Persons: Phil Spencer, Patrick T, Spencer, Japan's, Playtika Organizations: Microsoft, Fallon, Bloomberg, Getty, Activision Blizzard, Duty, CNBC, Microsoft Gaming, Xbox, Activision, ZeniMax Media, Bethesda Softworks, Bethesda, Japan's Sony, PlayStation, Gaming Locations: Los Angeles, U.S
The DOJ did not name Tenet Media but NBC News identified the company based on its description in the indictment. Unlike the influencers alleged to have been victims of RT and Tenet Media, who denied knowing they were working for Russia, Chen has said nothing since the indictment made news. “By connecting to and interacting with one another through YouTube videos, influencers with mainstream audiences lend their credibility to openly white nationalist and other extremist content creators,” Lewis wrote. Following the unsealing of the indictment, TheBlaze fired Chen and Turning Point USA removed her author page from its website. YouTube terminated all four of Chen’s pages, erasing thousands of videos and nearly a decade of work, including the channel for Tenet Media.
Persons: Lauren Chen, Chen, Liam Donovan, Candace, Jason Davis, Dave Rubin, Tim Pool, Benny Johnson, Lauren Southern, — Chen, , Michael Knowles gushed, Richard Spencer, ” Knowles, Tenet, Milo Yiannopoulos, ” Yiannopoulos, she’s, Yiannopoulos, Spencer, Rebecca Lewis, Ben Shapiro, Lewis ’, ” Lewis, Evie, Mark Levin, Michelle Malkin, Glenn Beck’s TheBlaze, TheBlaze, , Fuentes’s, Nikki Haley “, Matt Christiansen, Donovan “ Organizations: Department of Justice, DOJ, NBC News, Tenet Media, Trump, RT, Getty, YouTube, Tenet, University of Southern, College Republicans, Brigham Young University, Facebook, Southern Poverty Law Center, Data & Society, , , Scouting, United Nations Locations: Russian, Russia, Nashville, Tenn, Southern, Canadian, Shanghai, Singapore, London, , University of Southern California, Charlottesville , Virginia, Stanford, Israel, Gaza, Ukraine
US Vice President and Democratic presidential candidate Kamala Harris listens to former US President and Republican presidential candidate Donald Trump speak during a presidential debate at the National Constitution Center in Philadelphia, Pennsylvania, on September 10, 2024. Solar and clean energy stocks rose Wednesday after Wall Street largely declared Vice President Kamala Harris the winner of the first and likely only debate before the November election. The Invesco Solar ETF (TAN) and the iShares Global Clean Energy ETF (ICLN) gained more than 3% and more than 2%, respectively, in morning trading. The benchmarks are down 28% and 11% this year as uncertainty over the outcome of the election has clouded the outlook for the clean energy industry. "We expect a near-term bounce towards Vice President Harris following the first debate with former President Trump, but the longer-term impact remains unclear," Raymond James analyst Ed Mills told clients in a note late Wednesday night.
Persons: Kamala Harris, Donald Trump, Sunnova, Harris, Trump, Raymond James, Ed Mills Organizations: Democratic, Republican, National Constitution Center, Clean Energy, New York Times, Siena College, White, Citi, White House Locations: Philadelphia , Pennsylvania
U.S. crude oil rebounded more than 2% on Wednesday, regaining some ground after prices closed at the lowest level in nearly three years in the previous session. Here are Wednesday's energy prices:The steep selloff Tuesday came after OPEC lowered its demand growth outlook for the second time in two months, and as China crude oil imports slow in 2024. Some traders are worried about Brent prices heading toward $60 per barrel, but this level of bearishness is unwarranted, Galimberti said. Supply and demand fundamentals point toward stockpiles falling, and prices can only rise if China's economy rebounds and OPEC+ complies with its own production quotas, the analyst said. "We don't think we're going to see $60 per barrel in a consistent manner for the next three months."
Persons: Claudio Galimberti, CNBC's, Brent, Galimberti Organizations: OPEC, Traders, Rystad Energy, Supply Locations: China
CNN —Glenn Lowry, the longest-serving director of New York’s Museum of Modern Art (MoMA), is stepping down after three decades in the role, he announced Tuesday. Spencer Platt/Getty ImagesJoining MoMA from Canada’s Art Gallery of Ontario in 1995, Lowry is the sixth director in the storied museum’s 95-year history. Welcoming 2.7 million visitors a year, according to the latest figures, MoMA is the USA’s third-most-visited art museum after the nearby Metropolitan Museum of Art and Washington DC’s National Gallery of Art. Through exhibitions, commissions and acquisitions, Lowry used art to address some of the most pressing social themes of the day. Tuesday’s announcement comes just over a week after Lowry sat down with CNN’s Richard Quest for an interview at MoMA.
Persons: Glenn Lowry, , , Spencer Platt, Lowry, CNN’s Richard Quest, Quest, Paul Cézanne’s “, Robert Rauschenberg, India’s Kiran Organizations: CNN, New York’s Museum of Modern Art, New York Times, Times, MoMA, Modern Art, Getty, Canada’s Art, of Ontario, Art, Metropolitan Museum of Art, Washington DC’s, of Art, Robert Rauschenberg Foundation Locations: Manhattan, Queens, Red,
Oracle is designing a data center that will require more than a gigawatt of electricity, the company's chairman said. The data center would be powered by three small nuclear reactors, he added. "The location and the power place we've located, they've already got building permits for three nuclear reactors," Ellison said. "These are the small modular nuclear reactors to power the data center. There are currently three operational small modular reactors in the world, according to the Nuclear Energy Agency.
Persons: Ellison, they've Organizations: Oracle, CNBC, Nuclear Energy Agency, U.S Locations: U.S, China, Russia, Japan
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