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.
How Is The Market Feeling About Uranium Energy?
Shares of Nuclear-linked Stocks Are Trading Higher Possibly Amid Continued Strength. There Has Been Optimism in the Broader Sector After Amazon Web Services and Google Recently Announced Nuclear Investments to Fuel Data Centers.
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%.
Uranium Energy Analyst Ratings
Roth MKM Maintains Uranium Energy(UEC.US) With Buy Rating, Raises Target Price to $10.25
Uranium Energy (UEC) Receives a Buy From Roth MKM
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%.
Uranium Energy (UEC) Registers a Bigger Fall Than the Market: Important Facts to Note
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".
Here's Why Uranium Energy Corp Stock Soared This Week
$100 Invested In This Stock 5 Years Ago Would Be Worth $800 Today
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The nuclear energy investment boom is sweeping the globe, with the long-forgotten "uranium" returning to the investment radar.
American technology giants such as Amazon, Microsoft, and Google have all set their sights on nuclear energy, which combines clean, efficient, and stable attributes.
Uranium Energy Receives Regulatory Approval for Wyoming Plant Production Expansion
Uranium Energy Corp Increases Licensed Production Capacity to 4 Million Pounds of U3O8 per Year at the Irigaray Processing Plant
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.
Amazon Invests $500M to Go Nuclear After Microsoft and Google
Oklo, NuScale Power Hit All-time Highs on Amazon's Plans to Go Big on Nuclear