Is AI nuclear power dangerous? The proposal to increase power supply for the amazon datacenter was rejected, causing a major drop in US nuclear power stocks.
The U.S. Federal Energy Regulatory Commission (FERC) voted last week to reject nucleosynthesis operator Talen Energy's plan to increase power supply to Amazon datacenters, causing the company and other U.S. nuclear power companies' stocks to plummet significantly on Monday. Constellation Energy's stock fell by as much as 13% on Monday, while Talen's stock price dropped by a maximum of 8.6%, and Centrus Energy dropped by around 22%. OKLO, held by OpenAI CEO Sam Altman, also dropped by about 14.3% at one point. Analysts say FERC's decision is a significant blow to the theme of investing in nuclear power datacenters.
Market Chatter: Korea Electric Power Named Preferred Bidder for KRW3 Trillion Solar Projects in Saudi Arabia
Market Chatter: Kia, KEPCO Partner on Electrification Model for Purpose-built Vehicles
etf strategies for the revival of nuclear power
Bank of America Merrill Lynch believes that URNM, URA, and NLR, these three types of funds, will continue to perform well in the long term. Since 2019, the performance of nuclear power-related companies has consistently outperformed peers, with the institutional tracking nuclear energy etf rising by 27% annually, while the MSCI World Index tracking global equity with the same industry weight only increased by 14%.
Asian Equities Traded in the US as American Depositary Receipts Decline in Thursday Trading
Market Chatter: Korea Electric Power to Raise Industrial Electricity Rates Amid Global Energy Price Volatility; Shares Jump 5%
Express News | South Korea's Minister of Industry: Korea Electric Power Company is normalizing electricity prices.
Express News | Korean electricity prices change: industrial electricity increased by 9.7%, while civilian electricity remained unchanged.
HJ Shipbuilding & Construction Secures Construction Deal With Kepco Subsidiary
AI new opportunities? Stocks related to small nuclear reactors concept are gaining popularity, with this US stock rising over 140% in six days.
Yesterday, the US nuclear power stocks closed with mixed gains and losses, but small nuclear reactor concept stocks continued to soar. Nano Nuclear Energy rose by over 34%, Oklo surged by over 22%, and NuScale Power increased by over 4%.
US nuclear energy stocks have begun the road to a comeback! AI datacenters need to be "fed" by nuclear power.
Last week, multiple nuclear energy stocks in usa skyrocketed to record highs, with the first batch of small modular reactors (SMRs) accelerating deployment in the USA; Google, amazon, and other companies have reached milestone electrical utilities supply agreements with nuclear energy companies, driving this upward trend; Signs indicate that the nuclear power industry's recovery is accelerating, and they will be used to meet the massive electrical utilities demand of ai.
Several nuclear power stocks surged to a record high, with AI driving the "nuclear power renaissance".
Small modular reactors (SMRs) operators are confident in the future, believing that the entry of technology giants is a "game changer." However, the market still has doubts about SMRs and even the entire nuclear energy industry, "any experimental nuclear technology destined to achieve safe and reliable commercial operation is bound to be a bumpy road".
Technology giants are competing to invest, and nuclear energy stocks are booming! The stock price of this company has surged nearly 480% within the year.
AI giants crazily investing in nuclear power have created nuclear power stocks more bullish than nvidia.
Is AI sparking a nuclear energy revival? Google will purchase nuclear reactor electrical utilities, and nuclear power stocks are bullish in the market.
More and more large technology companies are turning to nuclear energy to meet the increasing electrical demand of their datacenters, and nvidia CEO Huang Renxun has previously stated that nuclear energy may be a viable option to meet AI energy needs. Therefore, nuclear power stocks are worth investors' attention.
Nuclear power has become a technology giant's "new favorite", Google purchases Kairos small nuclear reactor power to support AI.
The electrical utilities demand in datacenters has surged.
Aker Horizons Unit Lands Transmission Deal With South Korean Grid Operator
Mainstream Renewable Power and Ocean Winds Project Secures Grid Connection for 1.1 GW Floating Offshore Wind Farm in South Korea
Market Chatter: Korea Electric Power to Keep Electric Rates Steady in Q4
Korea Electric Power Down Nearly 8%, on Pace for Largest Percent Decrease Since January 2023 -- Data Talk
Jin Medical International, Nio And Other Big Stocks Moving Lower In Monday's Pre-Market Session
No Data
No Data