Constellation Energy Corp., an electricity provider whose stock has doubled over the last year on hopes it will help meet the voracious energy demand created by artificial-intelligence technologies, on Friday reached a $16.

Constellation is buying power natural gas and geothermal power provider Calpine in a cash-and-stock deal valued at approximately $16.4 billion, joining together two of the country’s biggest power comp

U.S. nuclear power provider Constellation Energy on Friday agreed to buy privately-held natural gas and geothermal company Calpine Corp for $16.4 billion, marking one of the biggest acquisitions in the history of the U.

U.S. stocks are recoiling on worries that good news on the job market may prove to be bad for Wall Street by keeping inflation and interest rates high.

European shares opened higher on Friday and Asian stocks retreated after U.S. markets were closed to observe a National Day of Mourning for former President Jimmy Carter.

Delta Air Lines expects a strong appetite for high-end travel to fuel profit in 2025, said Chief Executive Ed Bastian. The forecast comes as the airline posted better-than-expected revenue growth in the latest quarter as demand picked up.

If investors were questioning whether airline stocks could keep rallying, Delta Air Lines has provided an emphatic answer. The carrier’s fourth-quarter earnings and positive outlook for 2025 gave the sector’s stocks permission to take off again early Friday.

Shares of Delta Air Lines (DAL) rose on Friday after the airline reported fourth-quarter fiscal 2024 revenue and adjusted earnings that came in ahead of analysts' estimates. The carrier posted December-quarter profit of $843 million,