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☆ Anthony Scaramucci says he is 'working alongside' Kamala Harris on her campaign's crypto policies
▼ + stars: | 2024-09-20 | by ( Dylan Butts | ) www.cnbc.com time to read: +1 min

SINGAPORE — Anthony Scaramucci, founder and managing partner of SkyBridge Capital, said he and a group of crypto advocates are working with U.S. Vice President Kamala Harris to develop her campaign's policies on digital assets ahead of the elections in November. "There's a group of cryptocurrency advocates, bitcoin advocates etc. Harris has been hearing out crypto proponents and we are pushing her to back industry-friendly policies, he said, adding that the vice president even has some of these talks lined up for this week. "I believe that we are making progress, and I think it's going in the right direction," Scaramucci said. Last year in an interview with NBC News' Chuck Todd, Scaramucci called his former boss "a grifter."

Persons: Anthony Scaramucci, Kamala Harris, bitcoin, Elizabeth Warren, Gary Gensler, Warren, Harris, Scaramucci, Donald Trump's, Trump, Chuck Todd Organizations: SINGAPORE, SkyBridge, U.S, Democratic Party, Democratic, U.S . Securities, Exchange Commission, White House, NBC News

☆ Nike is a brand that's lost its way 'but can be resurrected', says Barclays' Adrienne Yih
▼ + stars: | 2024-09-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNike is a brand that's lost its way 'but can be resurrected', says Barclays' Adrienne YihAdrienne Yih, Barclays U.S. retail senior analyst, joins 'Squawk Box' to discuss news of Nike CEO John Donahoe stepping down, what incoming CEO Elliott Hill will bring to the company, what the move means for the future of Nike, and more.

Persons: Adrienne Yih Adrienne Yih, John Donahoe, Elliott Hill Organizations: Nike, Barclays, Barclays U.S

☆ Why Eli Lilly and Palo Alto Networks are both up on news from their competitors
▼ + stars: | 2024-09-20 | by ( Jeff Marks | ) www.cnbc.com time to read: +5 min

Recall, that we initially had a view that competitors like Club name Palo Alto Networks would take advantage of this event to pitch their products. Sure the quarter was good because Palo Alto has a great product and value proposition, but it didn't suggest a massive departure from CrowdStrike. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Dow, It's, Eli Lilly, LLY's, Eli Lilly's, isn't, Jim Cramer's, Jim Organizations: CNBC, ., Novo Nordisk, Deutsche Bank, Palo Alto Networks, Palo Alto, Palo, KB, Micron, Jefferies, Costco, Jim Cramer's Charitable Locations: Palo

☆ Exclusive: Harris campaign launching new ad seeking to tie Trump to Mark Robinson
▼ + stars: | 2024-09-20 | by ( Alayna Treene | ) edition.cnn.com time to read: +5 min

This is the first Harris campaign ad tying Trump to a down-ballot campaign, the Harris campaign told CNN. The Trump campaign did not immediately respond to a request for comment about the new ad. In a statement to CNN following Thursday’s KFile reporting, Trump campaign spokeswoman Karoline Leavitt said, “President Trump’s campaign is focused on winning the White House and saving this country. We will not take our eye off the ball.”The Trump campaign has so far declined to weigh in specifically on CNN’s reporting about Robinson’s controversial comments. Before the CNN story was published, Trump’s campaign had not invited Robinson to Trump’s Saturday event, and sources noted that decision was likely to hold.

Persons: Kamala Harris ’, Donald Trump, Mark Robinson, Robinson, Harris, Trump, intersperses, ”, Martin Luther King ”, Walz campaign’s, Roe, Wade, Harris ’, Amber Thurman, Candi Miller, ” Harris, Walz, Jen O’Malley Dillon, “ Trump, ” O’Malley Dillon, Karoline Leavitt, Trump’s, Biden, “ Martin Luther King Organizations: CNN, North, Republican, Labor, White, Trump Locations: North Carolina, Georgia, Wilmington , North Carolina, Asheville, Asheboro

☆ The Pre-Market Rundown 2: September 20, 2024
▼ + stars: | 2024-09-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Pre-Market Rundown 2CNBC brings you fast, accurate, and actionable business news and market updates.

Organizations: CNBC

☆ 'I agonized over it': Behind the scenes with the reporter who uncovered the RFK Jr./Olivia Nuzzi story
▼ + stars: | 2024-09-20 | by ( Peter Kafka | ) www.businessinsider.com time to read: +8 min

After you put out your story and New York magazine put out a statement, Nuzzi put out her own statement, which might change the way people perceive the story. And as New York magazine said, I think they're taking this pretty seriously. Since we're having a media business conversation now: I was surprised when you launched that you made this a subscription product. There is lots of media journalism out there that is for free. So this stuff is expensive, and if you want to support good journalism, I think you should pay for it.

Persons: —, Olivia Nuzzi, Robert F, Kennedy Jr, Donald Trump, Nuzzi, Oliver Darcy, Darcy, Olivia, Joe Biden, It's, She's, CNN's Donie O'Sullivan, Tasos Katopodis, it's, I've, there's Organizations: Service, RFK Jr, Business, CNN, Vox Media, New York, RFK, White, York, Getty Images Locations: Olivia Nuzzi , New York, Donald Trump ., York, New York, America

☆ What normalizing the yield curve means — and why investors should care
▼ + stars: | 2024-09-20 | by ( Zev Fima | ) www.cnbc.com time to read: +9 min

It also means lots of talk from the experts about "normalizing the yield curve" in the bond market — meaning getting back to a setup where bonds with longer maturities yield higher rates than those with shorter-term maturities. That's referred to as "yield curve inversion," which has historically signaled an upcoming recession. Currently, however, the yield curve looks more like a check mark than a gradually rising hill. An inverted Treasury yield curve messes with that dynamic. Everyone, from private citizens to multinational corporations benefits from a normalized yield curve because normal means less uncertainty, which means more predictability.

Persons: Jerome Powell, shouldn't, Stanley Black, Decker, Jim Cramer's, Jim Cramer, Jim, William McChesney Martin Jr, Anna Moneymaker Organizations: Federal Reserve, Fed, Treasury, CNBC, Federal, Getty Locations: U.S, Washington , DC

☆ Here are Friday's biggest analyst calls: Apple, Tesla, Sunrun, FedEx, Reddit, Amazon, Nio, Capital One, Nike & more
▼ + stars: | 2024-09-20 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Morgan Stanley upgrades Centessa Pharmaceuticals, to overweight from equal weight Morgan Stanley said in its upgrade of Centessa that it's bullish on the biopharma company's narcolepsy treatment. Morgan Stanley downgrades Pepsi to equal weight from overweight Morgan Stanley said it sees "topline softness." Morgan Stanley names Nio a research catalyst idea Morgan Stanley said it's bullish on Nio after the China electric vehicle company debuted its latest model, the L60. Morgan Stanley downgrades FedEx to underweight to from equal weight Morgan Stanley downgraded FedEx following its disappointing earnings report on Thursday. Morgan Stanley reiterates Sunrun as overweight Morgan Stanley said the solar company has more room to run and that it's long term bullish on the company's partnership with Costco.

Persons: Jefferies, Morgan Stanley, Morgan Stanley downgrades Pepsi, Key, it's bullish, Riley, Reddit, Nio, it's, Bernstein downgrades Darden, Bernstein, Olive, DRI, Morgan Stanley downgrades ASML, Wells, Susquehanna, Evercore, Sunrun, Tesla, Mercado Organizations: Duke Energy, Centessa Pharmaceuticals, Amkor, China, UBS, Apple, RBC, FedEx, Deutsche Bank, American Airlines Deutsche, Susquehanna, Darden, Costco, Bank of America, Citi, Nike, Mercado Libre, Clearway Energy Locations: Nio, tailwinds, Olive, Argentina

☆ Paranoia over tech is mounting in Lebanon after deadly Hezbollah-pager explosions
▼ + stars: | 2024-09-20 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +1 min

Pager explosions in Lebanon killed 37 and injured around 3,000 people, Lebanese authorities said. Some Lebanese residents are now viewing gadgets such as baby monitors with suspicon, reports said. Go to newsletter preferences Thanks for signing up! AdvertisementThe deadly Hezbollah-pager explosions are causing mounting distrust, with some Lebanon residents growing increasingly suspicious of their electronic devices. Lebanese and US sources believe the explosions could have been a coordinated attack by Israel, BBC News reported.

Persons: — Organizations: Service, BBC News, Business Locations: Lebanon, Israel

☆ CNBC TechCheck Evening Edition: September 20, 2024
▼ + stars: | 2024-09-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCNBC TechCheck Evening Edition: September 20, 2024CNBC's TechCheck brings you the latest in tech news from CNBC's 1 Market in the heart of San Francisco.

Persons: TechCheck Organizations: CNBC Locations: San Francisco

☆ Mohamed Al-Fayed, the late billionaire with links to the royal family, has been accused of sexually abusing multiple women
▼ + stars: | 2024-09-20 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +4 min

Read previewMohamed Al-Fayed, an Egyptian-born billionaire, owned Harrods, a luxury London department store, for 26 years. After decades of fame and controversy, Al-Fayed died last August aged 94. Now, after years of mounting evidence and speculation, multiple women have come forward to say Al-Fayed sexually assaulted them. I just wanted it to be over," one unnamed woman, who said Al-Fayed raped her at his apartment in London's upmarket Park Lane, told the broadcaster. Al-Fayed owned Harrods for 26 years and later owned Fulham Football Club and the Paris Ritz.

Persons: —, Mohamed Al, Fayed, Princess Diana's, Dodi Fayed, Al, Gloria Allred, Mohamed Al Fayed, Forbes, Diana, Prince William, Prince Harry, St . Tropez Organizations: Service, Business, Harrods, Sky News, BBC, Al, CNN, Fulham Football Club, Paris Locations: Egyptian, Harrods, London, Paris, Park, St .

☆ The Pre-Market Rundown: September 20, 2024
▼ + stars: | 2024-09-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNews Update – Pre-MarketsCNBC brings you fast, accurate, and actionable business news and market updates.

Organizations: CNBC

The Barclays 6 Month Online CD is paying 5.10% APY, but it may not be for long. This is because CD rates are directly impacted when the Federal Reserve changes rates. Most notably, the well-known online bank Barclays Bank still has a 6-month CD paying 5.10% annual percentage yield (APY) on a 6-month CD, but it may not be for long. How to earn 5.10% APY on a Barclays CDSince Barclays is an online-only bank, you'll have to apply for the Barclays 6 Month Online CD online. She edits and updates articles about banks, checking and savings accounts, CD rates, budgeting, and general saving.

Persons: you'll, Sophia Acevedo, Sophia, Axel Springer, Education Sophia Organizations: Fed, Barclays, Federal Reserve, Barclays Bank, Business, Finance, Bank, Savings, Education, California State University Fullerton, National Association of Hispanic Journalists, Angeles Locations: California

☆ Why Kamala Harris is heading to Georgia to speak about reproductive rights
▼ + stars: | 2024-09-20 | by ( Priscilla Alvarez | ) edition.cnn.com time to read: +4 min

A Georgia mother died in 2022 from a treatable infection due to delays to her medical care stemming from the state’s restrictive abortion law, nonprofit news outlet ProPublica reported. According to ProPublica, Miller’s family told a coroner she did not seek care because of laws around pregnancy and abortion. The family shared their story and engaged with the vice president in an emotional moment. The Harris campaign is hoping the political saliency of reproductive rights can help galvanize voters ahead of Election Day. Last week, the Harris campaign launched an abortion-focused ad, capitalizing on what officials said was a pivotal exchange between Harris and Trump.

Persons: Kamala Harris, “, Harris, Joe Biden’s, ”, Biden, Roe, Wade, Amber Nicole Thurman, ProPublica, Candi Miller, Miller’s, Thurman’s, Oprah Winfrey, Trump, Hadley Duvall Organizations: CNN, Democratic, Republican, Tennessee Republicans, Harris, New York Times, Siena College, Trump Locations: Georgia, Nashville, Florida, Arizona, North Carolina

☆ Report: Qualcomm has approached Intel about a takeover
▼ + stars: | 2024-09-20 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailReport: Qualcomm has approached Intel about a takeoverCNBC's Jon Fort joins 'Closing Bell' with some breaking news about Qualcomm and Intel.

Persons: Jon Fort Organizations: Qualcomm, Intel

☆ Huawei releases iPhone 16 rival
▼ + stars: | 2024-09-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHuawei releases iPhone 16 rivalCNBC's Eunice Yoon joins 'Squawk Box' from Beijing with the latest news.

Persons: CNBC's Eunice Yoon Organizations: Huawei Locations: Beijing

☆ Analysts say don't chase Nike pop on new CEO: 'There are probably no quick fixes'
▼ + stars: | 2024-09-20 | by ( Sean Conlon | ) www.cnbc.com time to read: +3 min

Nike's CEO is stepping down, and some on Wall Street appear to be lukewarm about the news. On Thursday after the bell, the sneaker giant announced that CEO John Donahoe will be retiring on Oct. 13. Wells Fargo maintained its overweight rating and increased its target by $9 to $95, implying more than 17% upside ahead. "We expect multiple expansion commensurate with Hill's hire — as leadership has been a large point of contention and controversy surrounding the stock," analyst Ike Boruchow wrote in a note. Bernstein, which has an outperform rating on Nike, expects the turnaround "will take time," but said market sentiment will be sympathetic.

Persons: John Donahoe, Elliott Hill, Jay Sole, Sole, Morgan Stanley, Alex Straton, Straton, Wells Fargo, —, Ike Boruchow, Bernstein, Aneesha Sherman Organizations: UBS, Nike, JD, Bank of America Locations: FL

And, like thousands of Haitians, he chose to settle in Springfield, Ohio, where his brother lived and the surrounding community made him feel safe and welcome. “That’s hard.”Vilbrun Dorsainvil speaks to CNN in Springfield, Ohio. “There are concerns for our safety and future,” said Madet Merove, a Haitian immigrant and United Methodist pastor who lives in Springfield. But that’s changed, she said, with the increase of Haitian immigrants. But despite the threats, Dorsainvil said he has reason to hope.

Persons: Vilbrun Dorsainvil, Dorsainvil, ”, “, fiancée, ‘, you’ve, Donald Trump, specter, CNN ‘, Madet Merove, Mike DeWine, Andy Wilson, ” Wilson, Springfield, Springfield Mayor Rob Rue, ” “, Rue, Biden, Margery Koveleski, Bryan Heck, Sen, Sherrod Brown, Heck, I’m, Koveleski, she’s, that’s, we’re, That’s, –, ” Corey Worden, Rachel Worden, Corey Worden, Trump, ’ ”, ” Dorsainvil Organizations: Springfield , Ohio CNN, CNN, Clark State College, United Methodist, Ohio Gov, FBI, ATF, Schools, Springfield Mayor, Springfield, Ohio Democrat, Patrol, “, Job, Talent, Springfield “, ” Locations: Springfield , Ohio, Haiti, United States, Ohio, Springfield, Haitian, Clark County, Nicaragua, Venezuela, Cuba, Macy’s, Springfield’s, New York City, ”

☆ The New York Times News Quiz, September 20, 2024
▼ + stars: | 2024-09-20 | by ( ) www.nytimes.com time to read: 1 min

Sean Combs, also known as Diddy, was arrested this week on charges of sex trafficking and racketeering. He was denied bail and ordered to be held in a jail where?

Persons: Sean Combs

A staffer of vice presidential candidate JD Vance called Springfield City Manager Bryan Heck on September 9 and asked if there was any truth in rumors that Haitian immigrants were taking and eating pets in Springfield, Heck told the Journal. I told them these claims were baseless.”“Yes, that call was made,” Springfield Mayor Rob Rue told CNN’s “Laura Coates Live” Thursday. Although the false claims about Haitian immigrants abusing animals have been widely discredited, Trump and Vance have doubled down since the debate. Asked Sunday by CNN’s Dana Bash to back up his claims, Vance, a US senator from Ohio, said he has received concerns from constituents, though he did not provide evidence. Two Ohio state trooper vehicles parked outside the Springfield City Schools office Friday.

Persons: JD Vance, Bryan Heck, Heck, ” Heck, ”, Rob Rue, CNN’s, Laura Coates, “, Donald Trump, Springfield, Mike DeWine, ” DeWine, Sassy, Jeff Winter, Anna Kilgore, Kilgore, Trump, Vance, CNN’s Dana Bash, Dana, ” Vance, Rue, Vilbrun Dorsainvil, ” Rue, “ We’ve, Warren Davidson, ” Davidson, ” CNN’s Jeff Winter, Meridith Edwards, Omar Jimenez Organizations: CNN, Trump, Springfield City, Springfield, ” CNN, ” Ohio Republican Ohio Gov, The New York Times, Clark State College, Wittenberg University, Wall Street, Springfield City Schools, Springfield “, Trump . Ohio, Republican, “ Locations: Springfield , Ohio, Springfield, ” Ohio, Ohio, he’s

☆ Constellation Energy reopens 'Three Mile Island' nuclear power plant in agreement with Microsoft
▼ + stars: | 2024-09-20 | by ( Pippa Stevens | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailConstellation Energy reopens 'Three Mile Island' nuclear power plant in agreement with MicrosoftCNBC's Pippa Stevens reports on the latest news regarding the provisioning of power.

Persons: Pippa Stevens Organizations: Constellation Energy, Microsoft

☆ A poker player turned trader up 253% this year details how he picks which stocks to target — and the event-driven strategy he uses to maximize gains
▼ + stars: | 2024-09-20 | by ( Laila Maidan | ) www.businessinsider.com time to read: +8 min

By 2017, he decided he had to pivot and elected to give stock trading a try. "You're going to panic-sell at the lows; you're going to panic-buy at the highs. You're going to trade when the stock is zigging and zagging and get chopped up. Related storiesOn a chart, it can often look like a wide space between two candles after the stock's price opens significantly higher than where it was in premarket hours. AdvertisementOn January 19, during pre-market hours, the stock's price spiked, causing a gap up on the opening.

Persons: Christian Flanders, Flanders, Norman Zadeh, it's Organizations: Service, Business, US, IT Solutions Locations: Flanders, he's

☆ Richard Hays wrote the Christian case against same-sex marriage. Now he claims the Bible says differently
▼ + stars: | 2024-09-20 | by ( Ryan Struyk | ) edition.cnn.com time to read: +11 min

CNN —Almost three decades ago, Richard Hays, a United Methodist minister and the soon-to-be dean of Duke Divinity School, wrote what quickly became the go-to traditionalist Christian argument against same-sex marriage. Fuller Theological Seminary, where Christopher Hays is a professor, also demands agreement with a faith statement that opposes same-sex marriage. Even as support for same-sex marriage has plateaued in the last few years, recent surveys from Gallup find that more than one in five Gen Z Americans identify as LGBTQ, and nearly 90% of Americans under 30 years old support same-sex marriage. The reversal from Hays certainly will not settle the debate among Christians when it comes from same-sex marriage. But I hope it makes opponents of same-sex marriage at least pause and wonder — is there a faithful path forward that makes room for people like me?

Persons: Richard Hays, Hays, he’s, ”, ” Richard Hays, Christopher Hays, “, ” Hays, I’ve, —, ” Les Todd, hasn’t, Richard’s, ‘ I’m, ” Christopher, Paul, “ I’m, I’m, ” Ryan Struyk, Ryan Struyk, CNN Hays, Al Mohler, Robert Gagnon, Preston Sprinkle, “ It’s, Matthew Vines, CNN “, ” Fuller, “ Fuller, David Emmanuel Goatley, Doug McSchooler, Greg Johnson, Louis Organizations: CNN, United Methodist, Duke Divinity School, Duke University, Bible School, Fuller Theological Seminary, Southern Baptist Theological Seminary, Conservative, for Faith, Christian Reformed Church, Religion News Service, Southern Baptist Convention, SBC, Presbyterian Church, PCA, Gallup Locations: “, Grand Rapids , Michigan, Pasadena , California, North America, United States, Canada, Indianapolis, America

☆ Ranking Week 4’s top 10 college football games: From NC State-Clemson to Tennessee-Oklahoma
▼ + stars: | 2024-09-20 | by ( Justin Williams | ) www.nytimes.com time to read: +10 min

The sport dips its toes this weekend with ranked matchups in the Big Ten, Big 12 and SEC featuring College Football Playoff favorites and some remaining question marks. Let’s rank the top 10 games of Week 4, starting with a few honorable mentions and counting down. San Jose State (3-0) at Washington State (3-0), Friday, 10 p.m., The CWWhat a win for Wazzu last week. Line: Auburn -3GO DEEPER College football Week 4 oddly specific predictions: Rolling with road favoritesHow about Kenny Dillingham and the Sun Devils? 6 Tennessee (3-0) at No.

Persons: John Mateer, Jake Dickert, Ken Niumatalolo, Grayson McCall, CJ Bailey, Cade Klubnik, Alex Hicks Jr, Sam Pittman, Hank Brown, Kenny Dillingham, ASU —, Sam Leavitt, Skattebo, Tyler Shough, ESPN Mario Cristobal’s, Cam Ward, Byrum Brown, Sam Navarro, Fox, Dylan Raiola, Patrick Mahomes, Raiola, haven’t, Alex Orji, Davis Warren, D’Anton Lynn, Cam, Doak Walker, Ollie Gordon, Alan Bowman, Bowman, Collin Oliver, Josh Heupel, Joe Rexrode, Joe, ”, Nico Iamaleava’s, Jackson Arnold, Nic Anderson, Andrel Anthony, Brent Venables ’, Norman, Aaron M Organizations: College, Big, SEC, College Football, Rutgers, Virginia Tech, Navy, TCU, SMU, San, San Jose State, Washington State, Wazzu, Apple, Cougars, WSU, Spartans, Air Force, North Carolina State, Clemson, ABC, NC, Wolfpack, Louisiana Tech, Lousiana Tech, App, Tigers, ACC, App State, USA, Auburn, ESPN, CBS, Arkansas, Arkansas ’, New, College football, Sun Devils, ASU, Texas State, Texas Tech, Abilene Christian, Georgia Tech, ESPN2 Georgia Tech, VMI, Syracuse, Jackets, Cardinals, Austin Peay, Jacksonville State, Notre Dame, Louisville, Miami, Hurricanes, FBS, USF, Alabama, Bulls, Tide, Nebraska, Illini, Cornhuskers, Illinois, USC, Michigan, Wolverines, LSU, Ohio State, Penn State, Oklahoma State, Fox, Baylor, Utes, Kansas State, Sooners, ESPN’s, GameDay Locations: North Carolina, Memphis, SMU , Iowa, Minnesota, San Jose, Washington, Tennessee, Georgia, Arkansas, New Mexico, Auburn, Texas, North Texas, Louisville, South Florida, Tampa, Miami, Illinois, Nebraska, Lincoln, Michigan, Ohio, Oregon, Penn State , Nebraska, Utah, Fox Utah, Stillwater, Kansas, Arizona, Oklahoma

☆ This power company has outpaced Nvidia, could ink next nuclear deal after Three Mile Island
▼ + stars: | 2024-09-20 | by ( Spencer Kimball | ) www.cnbc.com time to read: +4 min

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

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