Before the market's open on June 3, Constellation Energy (NASDAQ: CEG), a nuclear energy giant, announced a new deal with AI hyperscaler Meta Platforms (NASDAQ: META). This comes just days after a report from the Wall Street Journal stated that Meta aims to allow marketers to fully automate ad creation by the end of 2026. Meta’s Advantage+ Creative tool helps marketers create ads using AI. These ads appear to users on Facebook and Instagram.
The agreement between Constellation and Meta doesn’t begin until mid-2027. However, both of these moves signal Meta’s huge commitment to AI and Constellation’s importance in enabling it. According to data from NASDAQ (NASDAQ: NDAQ), Constellation shares reached a pre-market high of $363 after the news broke. That is a rise of nearly 16% from the stock’s closing price on the previous day. However, shares were slightly down by the time the market closed.
