Constellation ($CEG): Power Surge or Power Trap?

This week I break down the headline moves behind Constellation Energy’s CEG 0.00%↑ hot run—$80 billion market cap, a 60 GW fleet once Calpine joins, and that $1.6 billion plan to restart Three Mile Island for Microsoft’s 24/7 clean‑power craving. We walk through the math on the promised 10 % yearly earnings lift, why Wall Street keeps bidding the stock up, and how a boom in data‑center demand might juice those numbers even more.

Then we flip the lens to the risks regulators, fuel prices, and plain old physics could throw in the way. I lay out my checklist—market swings, safety costs, watchdog scrutiny—and the simple steps I’ll take to size the reward against the downside before I put a single dollar to work. No verdict here; that stays locked until you hit play. Tune in to hear where the real edge may lie—and where I refuse to gamble.