NuScale Power Corporation (NYSE: SMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced the opening of its next Energy Exploration (E2) Center™ at the University of Nevada, Las Vegas (UNLV) to help support the development of a skilled nuclear-ready workforce. The E2 Center at UNLV was co-funded by a grant from the U.S. Department of Energy’s Nuclear Energy University Program (NEUP).
As humanity barrels into the future, our insatiable thirst for energy continues to grow exponentially. From powering sprawling cities to fueling cutting-edge technologies like artificial intelligence and electric vehicles, energy remains the lifeblood of modern civilization. The next decade promises to be a pivotal period in how we generate, store,
NuScale Power Corporation (NuScale or the Company) (NYSE: SMR), the industry-leading provider of proprietary and innovative advanced small modular reactor (SMR) nuclear technology, today announced the opening of an Energy Exploration (E2) Center™ at Rensselaer Polytechnic Institute (RPI) in Troy, New York. The cutting-edge training center will provide students from RPI’s School of Engineering with the opportunity to gain a deeper, first-hand understanding of advanced nuclear technology and the important role it will play in the global energy transition, as well as the features and functionality unique to NuScale’s particular SMR technology.
Amazon.com Inc. Alphabet Inc.'s Google, Meta Platforms Inc. and Dow Inc. have joined a growing coalition of companies pledging support to triple global nuclear capacity by 2050, signaling a significant shift in how tech companies plan to power their energy-intensive operations.
Traditional nuclear power providers also registered gains on the news. Constellation Energy Corporation shares climbed nearly 5%, while Vistra’s stock jumped more than 10%.
Nuclear stocks like NuScale Power, Oklo, and Cameco got a boost from NVIDIA's forecast that AI compute needs would grow by 100X in the next generation of models
Industrials businesses quietly power the physical things we depend on, from cars and homes to e-commerce infrastructure. But they are at the whim of volatile macroeconomic factors that influence capital spending (like interest rates), and the market seems convinced that demand will slow.
Due to this bearish outlook, the industry has tumbled by 1.8% over the past six months. This drawdown was discouraging since the S&P 500 returned 1.1%.
U.S. stocks plunged Tuesday as President Donald Trump‘s tariffs on key trade partners came into effect, prompting retaliatory measures and intensifying global trade tensions.
NuScale Power Corporation (NYSE: SMR), the industry-leading provider of proprietary and innovative advanced small modular reactor (SMR) nuclear technology, today announced results for the fourth quarter and full year ended December 31, 2024.
Stocks fell broadly on Monday to start the month of March with all three major indices red in midday trading. Investors digested a decline in February's ISM Manufacturing PMI data which fell to 50.3%, down from 50.9% in January.
Stocks recovered on Friday, with all three major indexes in the green, as the tech sector bounced back from Thursday's losses with NVIDIA Corp. (NASDAQ:NVDA) up 1.37% and Tesla, Inc. (NASDAQ:TSLA)
