The Organisation for Economic Co-operation and Development (OECD) revised down its GDP growth forecasts for the U.S., projecting 1.6% growth in 2025 and 1.5% in 2026 due to tariffs and cuts in workforce. In contrast, global growth estimates remain comparatively higher, at 3.3% and 2.9%. In a positive development for sustainability, Constellation Energy signed a long-term agreement to supply Meta with 1.1 GW of nuclear power for 20 years, enhancing energy support for Meta's AI infrastructure. Following this announcement, Constellation's stock rose significantly by over 11%.
The OECD has downgraded its economic growth forecast for the U.S., with GDP expected to grow only 1.6% in 2025 and 1.5% in 2026.
Constellation Energy will supply 1.1 GW of nuclear power to Meta over the next 20 years, aiding the tech company's AI operations.
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