After a strong performance last week, shares of NuScale Power (NYSE: SMR) have continued to climb this week. That earlier surge was prompted by news that the Department of Energy planned to provide $900 million in funding to support the deployment of small modular reactors (SMRs) of the type that NuScale ...
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For years, the U.S. government's interest in advancing renewable energy seemed to be synonymous with solar and wind power. On Monday, however, the Department of Energy revealed a new enthusiasm for facilitating the growth of nuclear power -- the type of nuclear power plants that NuScale Power (NYSE: ...
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Shares of NuScale Power (NYSE: SMR) inched 2% higher through noon ET after a weekend of positive news got investors excited about nuclear energy stocks again. As NuScale never ceases to remind investors, it's "the first and only [small modular reactor company] to have its design certified by the U.S. ...
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I don't blame you if you haven't heard about NuScale Power (NYSE: SMR) before -- after all, it's a young company founded in 2007 and went public in 2022. The stock, however, was down 69% through the end of 2023 before it dramatically rebounded this year. In May alone, the stock jumped a whopping 50.5%, ...
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The New York Stock Exchange got it wrong, listing Berkshire Hathaway's (NYSE: BRK.A) (NYSE: BRK.B) A shares as having lost some 99% of their value. That didn't really happen, but that's what the ticker tape was saying (or online quote services in more modern parlance). Luckily it was just a technical ...
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NuScale Power (NYSE: SMR) has a great story for investors and, at least right now, Wall Street is eating that story up. The stock has gained well more than 100% so far in 2024. Clearly investors are excited about this nuclear power company's prospects, but don't buy the stock just yet. There are some ...
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Extending its powerful performance in May, NuScale Power (NYSE: SMR) stock has continued charging higher this week as investors celebrate some auspicious news. Prior to the start of this week, shares of NuScale Power, a developer of innovative nuclear power plants, had risen more than 34% in May, and, ...
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Is it too late to buy a stock that has risen more than 150%? For many stocks the answer would be yes, you've probably missed the boat. But for NuScale Power (NYSE: SMR), the answer may be a more surprising one -- it's probably too early for most investors to consider buying the company. What's going ...
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Last week was a great week to own nuclear fuel stocks like Cameco (NYSE: CCJ), as the Biden administration announced tenders to buy $3.4 billion worth of nuclear fuel for American atomic power plants. This week is starting off on a similarly hopeful note for another (potential) beneficiary of administration ...
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