Entergy Corp stock surges on Meta partnership deal. Shares rallied 6.82 percent to $109.88 following announcement of a major agreement with Meta Platforms for a hyperscale data center in Northeast Louisiana. The partnership delivers substantial benefits to Entergy customers through $2.65 billion in combined savings. Meta will cover full service costs including resilience and storm investments, relieving burden on existing ratepayers. The deal also includes Meta contributions to energy efficiency programs, carbon-free nuclear solutions, and up to 2,500 megawatts of additional solar capacity. This represents the fifth consecutive day of gains for the utility stock. CEO Phillip May emphasized the agreement aligns with both companies' commitments to affordability, reliability, and economic development while supporting renewable energy expansion and customer protection pledges.
