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A $1 Billion Reason Why Alphabet Stock is in Focus
GuruFocus ·
GuruFocus reports: Alphabet is moving closer to securing another large source of electricity for its operations, with a potential multiyear nuclear power agreement with Constellation Energy valued at $1 billion or more, according to a Monday report. The possible deal comes as Alphabet builds a broader strategy around nuclear generation rather than relying only on conventional power sources. Details on how much electricity would be purchased and where the capacity would come from have not…