NuScale Power Stock Leads Energy Gains – Can It Continue?
When it comes to the market's language, few indicators are as powerful as price action to help retail investors understand what is happening underneath the hood of the broader themes in financial markets and industries within the United States economy. With this in mind, investors can connect price action to fundamental themes to ensure their potential investment ideas are closer to the top tier.
Investors Shovel Over $100 Million Into This ETF Betting on the Rise of Nuclear Power
Nuclear energy is safer, cheaper, and more efficient, plentiful, and reliable than any other source of energy.
Is NuScale Power Stock a Buy Now?
Breakthroughs in machine learning and artificial intelligence (AI) are transforming industries and redefining what is possible. However, this technological advancement comes with a challenge: soaring energy demands from data centers.
Why NuScale Power Is Skyrocketing Today
Shares of NuScale Power (SMR 12.92%) are flying today. The stock is up 12.7% as of 1:45 p.m.
Why NuScale Power Stock Blasted 445% Higher in 2024
At the end of 2023, it was readily apparent that bears had been a lot more energized with clicking the sell button on NuScale Power (SMR -6.61%) stock than bulls were interested in energizing their portfolios with it: Shares plunged 68% in 2023. But in 2024, the market took note of NuScale Power's potential as a nuclear power solution for data centers struggling to keep up with the extraordinary power demands that artificial intelligence (AI) computing placed on them.
NuScale Power: The Future Of AI Data Center Power Is Small And Radioactive
NuScale Power: The Future Of AI Data Center Power Is Small And Radioactive
Better Nuclear Stock: Uranium Energy vs. NuScale Power
Nuclear power is not new, but it is going through something of a renaissance today. One of the driving forces of that is the voracious demand for energy coming from data centers, particularly from artificial intelligence (AI) technology.
Why NuScale Power Stock Tanked 39.5% Last Month
Shares of NuScale Power Corporation (SMR 13.48%) fell 39.5% in December, according to data from S&P Global Market Intelligence. The small modular nuclear reactor (SMR) start-up pulled back last month after a monster run for most of 2024, likely due to a broad pullback for growth and artificial intelligence (AI) stocks in the month.
Where Will NuScale Power Stock Be in 10 Years?
NuScale Power (SMR 3.85%) has been a divisive stock ever since it went public by merging with a special purpose acquisition company in May 2022. The bulls were initially impressed by the disruptive potential of its small modular reactors (SMRs), which can be deployed in areas that aren't well-suited for traditional nuclear reactors.
Could Investing $10,000 in NuScale Power Make You a Millionaire?
You probably already know that nuclear power has been proposed as a quick, environmentally friendly solution to the world's energy shortage stemming from the rise of power-hungry AI data centers. You may also know NuScale Power (SMR -0.20%) is one of the few outfits that are nearly ready to deliver a solution sooner than later.
NuScale Power Stock: Buy, Sell, or Hold?
We are in the midst of a nuclear energy renaissance. Technology players across the board are making commitments to restart nuclear power plants or pay for electricity from upcoming facilities.
Why NuScale Power Stock Slumped Today
NuScale Power Corporation (SMR -4.40%) stock fell 3% through 11:25 a.m. ET -- and it has General Electric to blame for it.
