Business Wire
BusinessEli Lilly’s reported $2.9B Merida acquisition sparks M&A chatter as SLS and IBRX rebound after AugustThe Apex TimesBusinessElon Musk’s chip preference spotlights Nvidia’s edge over AMD, but investors still watch executionThe Apex TimesBusinessTesla shares outpaced Rivian and Chinese EV rivals in August as Robotaxi rollout inched higher, traders looked ahead to the next Cybercab pushThe Apex TimesBusinessModerna shares surge 156% in August as investors bet on clinical progressThe Apex TimesBusinessMing-Chi Kuo says Nvidia has revived Rubin CPX after it seemingly vanished from the AI roadmapThe Apex TimesBusinessApple’s next CEO arrives with a different kind of power: money, and an AI testThe Apex TimesBusinessTesla and Einride set first 2026 delivery timeline for 500 Semi trucksThe Apex TimesBusinessZonPrep buys inbound-inventory software and services, betting on Amazon logistics automationThe Apex TimesBusinessNvidia pauses part of its AI customer financing after a strong quarter, raising questions about timingThe Apex TimesBusinessBoeing Teams With Thailand’s Civil Aviation Authority to Roll Out Competency-Based Pilot Training Across the CountryThe Apex TimesBusinessApple CEO transition hands AI test to John Ternus as AAPL slipsThe Apex TimesBusinessAnthropic reportedly signs $35 billion cloud deal involving Nvidia-backed Lambda and a Texas data-center leaseThe Apex TimesBusinessEli Lilly’s reported $2.9B Merida acquisition sparks M&A chatter as SLS and IBRX rebound after AugustThe Apex TimesBusinessElon Musk’s chip preference spotlights Nvidia’s edge over AMD, but investors still watch executionThe Apex TimesBusinessTesla shares outpaced Rivian and Chinese EV rivals in August as Robotaxi rollout inched higher, traders looked ahead to the next Cybercab pushThe Apex TimesBusinessModerna shares surge 156% in August as investors bet on clinical progressThe Apex TimesBusinessMing-Chi Kuo says Nvidia has revived Rubin CPX after it seemingly vanished from the AI roadmapThe Apex TimesBusinessApple’s next CEO arrives with a different kind of power: money, and an AI testThe Apex TimesBusinessTesla and Einride set first 2026 delivery timeline for 500 Semi trucksThe Apex TimesBusinessZonPrep buys inbound-inventory software and services, betting on Amazon logistics automationThe Apex TimesBusinessNvidia pauses part of its AI customer financing after a strong quarter, raising questions about timingThe Apex TimesBusinessBoeing Teams With Thailand’s Civil Aviation Authority to Roll Out Competency-Based Pilot Training Across the CountryThe Apex TimesBusinessApple CEO transition hands AI test to John Ternus as AAPL slipsThe Apex TimesBusinessAnthropic reportedly signs $35 billion cloud deal involving Nvidia-backed Lambda and a Texas data-center leaseThe Apex TimesBusinessEli Lilly’s reported $2.9B Merida acquisition sparks M&A chatter as SLS and IBRX rebound after AugustThe Apex TimesBusinessElon Musk’s chip preference spotlights Nvidia’s edge over AMD, but investors still watch executionThe Apex TimesBusinessTesla shares outpaced Rivian and Chinese EV rivals in August as Robotaxi rollout inched higher, traders looked ahead to the next Cybercab pushThe Apex TimesBusinessModerna shares surge 156% in August as investors bet on clinical progressThe Apex TimesBusinessMing-Chi Kuo says Nvidia has revived Rubin CPX after it seemingly vanished from the AI roadmapThe Apex TimesBusinessApple’s next CEO arrives with a different kind of power: money, and an AI testThe Apex TimesBusinessTesla and Einride set first 2026 delivery timeline for 500 Semi trucksThe Apex TimesBusinessZonPrep buys inbound-inventory software and services, betting on Amazon logistics automationThe Apex TimesBusinessNvidia pauses part of its AI customer financing after a strong quarter, raising questions about timingThe Apex TimesBusinessBoeing Teams With Thailand’s Civil Aviation Authority to Roll Out Competency-Based Pilot Training Across the CountryThe Apex TimesBusinessApple CEO transition hands AI test to John Ternus as AAPL slipsThe Apex TimesBusinessAnthropic reportedly signs $35 billion cloud deal involving Nvidia-backed Lambda and a Texas data-center leaseThe Apex TimesBusinessEli Lilly’s reported $2.9B Merida acquisition sparks M&A chatter as SLS and IBRX rebound after AugustThe Apex TimesBusinessElon Musk’s chip preference spotlights Nvidia’s edge over AMD, but investors still watch executionThe Apex TimesBusinessTesla shares outpaced Rivian and Chinese EV rivals in August as Robotaxi rollout inched higher, traders looked ahead to the next Cybercab pushThe Apex TimesBusinessModerna shares surge 156% in August as investors bet on clinical progressThe Apex TimesBusinessMing-Chi Kuo says Nvidia has revived Rubin CPX after it seemingly vanished from the AI roadmapThe Apex TimesBusinessApple’s next CEO arrives with a different kind of power: money, and an AI testThe Apex TimesBusinessTesla and Einride set first 2026 delivery timeline for 500 Semi trucksThe Apex TimesBusinessZonPrep buys inbound-inventory software and services, betting on Amazon logistics automationThe Apex TimesBusinessNvidia pauses part of its AI customer financing after a strong quarter, raising questions about timingThe Apex TimesBusinessBoeing Teams With Thailand’s Civil Aviation Authority to Roll Out Competency-Based Pilot Training Across the CountryThe Apex TimesBusinessApple CEO transition hands AI test to John Ternus as AAPL slipsThe Apex TimesBusinessAnthropic reportedly signs $35 billion cloud deal involving Nvidia-backed Lambda and a Texas data-center leaseThe Apex Times
Back to front
Walmart to Buy Nuclear Power From Constellation Energy in Long-Term Supply Deal
The Apex Times

THE APEX TIMES

Business/The Apex Times/Jun 23, 10:36 AM EDT

Walmart to Buy Nuclear Power From Constellation Energy in Long-Term Supply Deal

The retailer said it reached a long-term agreement to purchase nuclear electricity from Constellation Energy, a move aimed at tightening power procurement and lowering emissions from its operations.

Walmart said it has struck a long-term agreement to buy nuclear power from Constellation Energy, as the retailer continues to expand its strategy for cleaner electricity across its store and fulfillment footprint. The announcement, carried by Yahoo Finance, positions Walmart as a new counterparty for Constellation’s nuclear generation, linking a major retail load to long-duration power supply.

The deal is described as a supply agreement for nuclear power rather than a broad framework for energy trading or short-term power purchases. Walmart did not lay out in the report how much electricity it expects to buy, what nuclear stations or output blocks are involved, or when deliveries begin.

For Constellation Energy, the agreement reflects the company’s focus on long-term contracted demand for baseload nuclear generation. Nuclear power plants can provide steady output, and utilities or large users often seek long-duration arrangements to better manage price and reliability compared with more spot-driven power markets.

For Walmart, electricity sourcing is a core operational issue. Large retailers are typically among the biggest commercial electricity consumers, and they face pressure from customers, regulators, and investor stakeholders to reduce emissions tied to energy use. While the announcement did not specify the emissions impact, buying nuclear power is generally viewed in the market as a way to shift the grid mix for a portion of a company’s electricity consumption toward low-carbon generation.

The retailer has also been broadening its procurement approach beyond standard utility service in recent years, including use of long-term renewable energy contracts in the broader industry. This nuclear purchase fits the same pattern, substituting a structured, multi-year supply relationship for reliance on conventional utility mix for at least part of its load.

Still, key deal terms were not disclosed in the Yahoo Finance report. That includes the size of the purchase, the duration in years, the pricing structure, and whether the contract covers specific plants, specific regions, or output delivered through a power purchase mechanism.

In the near term, markets will likely focus on whether this agreement indicates more large-customer interest in nuclear supply, as well as how nuclear contracted demand could interact with the broader energy transition, including renewable growth and grid reliability planning. For Walmart, observers may also watch for additional procurement announcements that detail how nuclear fits alongside other sources in its overall electricity strategy.

For now, the disclosure level appears limited in the public write-up. Walmart and Constellation have not provided, in the cited post, the operational parameters that would allow analysts to quantify the contract’s economics or carbon outcomes, which are likely to become clearer only through a direct company release or regulatory filing.

Why It Matters

  • A long-term nuclear supply deal could strengthen contracted demand for Constellation’s baseload generation.
  • For Walmart, the agreement adds another tool for reducing the carbon intensity of its electricity use, beyond conventional utility procurement.
  • The deal may indicate growing interest from large industrial and commercial buyers in non-renewable but low-carbon power options like nuclear.
  • Investors and analysts will likely seek contract specifics to assess cost, risk, and potential emissions implications.

Sources

Key Facts

  • Walmart said it has a long-term agreement to buy nuclear power from Constellation Energy.
  • The report frames the transaction as a nuclear electricity supply deal, not a short-term arrangement.
  • The Yahoo Finance write-up did not specify the volume of power, contract duration, starting delivery date, or pricing terms.
  • No nuclear plant details were provided in the cited post.
  • The agreement links Constellation’s nuclear generation with a major retail electricity demand customer.

Retail & Consumer Related

Aug 31, 11:38 PM EDT
The Apex Times

DICK’S Sporting Goods’ guidance cut rattles NIKE, highlighting how weakness at a key specialty retailer can spread

After DICK’S Sporting Goods missed expectations and lowered its outlook, the market treated it as a stress test for brands tied to the retailer’s demand. Investors focused on NIKE, Inc. as DICK’S depends heavily on the Swoosh brand, turning one company’s slowdown into a wider caution announcement for the consumer supply chain.

DICK’S Sporting Goods’ guidance cut rattles NIKE, highlighting how weakness at a key specialty retailer can spread
The Apex Times
Aug 31, 2:06 PM EDT
The Apex Times

Walmart climbs as oil at $90 bolsters the “defensive” appeal of retailers

Investors are treating cheaper-to-own retail as a buffer again, after a sharp move in crude oil toward $90. The shift could help Walmart capture shoppers “trading down,” but higher fuel and inventory costs also pose a risk to the cash profits that support its valuation.

Walmart climbs as oil at $90 bolsters the “defensive” appeal of retailers
The Apex Times
Walmart to Buy Nuclear Power From Constellation Energy in Long-Term Supply Deal | The Apex Times