Move Over Meta, Microsoft — Constellation, NextEra Hit Big Tech Valuations In 2026's Weirdest Trade

CEG stock is moving. See the chart and price action here. Meanwhile, NextEra Energy sits at 25.3, roughly in line with premium tech valuations. For a sector once prized mainly for stability and dividend yield, the shift represents one of the market's most unexpected reratings in years.The primary driver? Wall Street's growing realization that AI's data-center boom is a utilities bull market in disguise. AI-Related Demand, Of CourseExplosive energy demand from hyperscale data centers, cloud infrastructure an ...