NuScale Power Corporation's stock is experiencing a downturn today, potentially influenced by broader market reactions to recent developments in the energy sector. The revival of the Palisades Nuclear Plant, which is set to utilize Small Modular Reactors (SMRs), has been highlighted as a significant advancement in nuclear energy. This project emphasizes safety and sustainability, aiming to position nuclear
NuScale Power's shares are experiencing a significant uptick as the market responds to the growing demand for energy driven by artificial intelligence (AI) and the increasing viability of low-cost solar power. The recent breakthrough by the Chinese AI company DeepSeek, which has developed an AI model that operates with a fraction of the energy typically required, has shifted the focus away from traditional
NuScale Power Corporation (SMR) saw its stock price rise by 5.01% on January 29, 2025, closing at $22.00, up from the previous close of $20.95. The stock opened at $21.25 and reached an intraday high of $23.28, with trading volume significantly above average at 13,889,733 shares. The surge in NuScale's stock can be attributed to positive developments in the nuclear energy sector, as highlighted by the Inter
NuScale Power Corporation's stock is experiencing a notable rise today, driven by positive sentiment surrounding the nuclear energy sector. The International Energy Agency (IEA) recently highlighted that nuclear power is set for a record-breaking year, which has sparked increased interest in companies like NuScale that are at the forefront of small modular reactor (SMR) technology. Additionally, NuScale's r
NuScale Power Corporation (SMR) saw its stock rise by 3.35% to close at $20.95 on January 28, 2025, after opening at $21.35 and reaching a high of $21.63. The trading volume was significantly higher than average, at 16,298,614 shares, indicating strong investor interest. The stock's upward movement was largely driven by the broader gains in AI infrastructure-related stocks, as the demand for nuclear energy
NuScale Power Corporation (NYSE: SMR) shares fell by 4.4% to $19.37 from the previous close of $20.27 following the company's announcement of an upcoming earnings call. According to an SEC 8-K filing dated January 28, 2025, NuScale will host a conference call on February 27, 2025, to discuss its fourth quarter and full year 2024 financial results. The market appears to be reacting cautiously to the announce
NuScale Power's shares have experienced a notable rise, driven by the broader gains in AI infrastructure-related stocks. The surge in interest is largely attributed to the increasing demand for nuclear energy as a reliable power source for data centers, which are expected to see a 160% increase in power demand by 2030. The International Energy Agency (IEA) has highlighted the potential for nuclear energy to
NuScale Power's shares have taken a significant hit as part of a broader sell-off in AI infrastructure-related stocks. The downturn was triggered by the emergence of a new AI model from Chinese startup DeepSeek, which has raised concerns about the competitive landscape in AI technology. DeepSeek's model, noted for its affordability and efficiency on less-advanced chips, has sent shockwaves through the marke
NuScale Power Corporation (SMR) saw a significant surge in its stock price on January 21, 2025, closing at $25.61, marking a 16.57% increase from the previous close of $21.97. The stock opened at $23.86 and reached an intraday high of $25.63, with trading volume hitting 13,963,934 shares, surpassing the average daily volume by 31.58%. This upward movement was largely driven by a broader rally in the U.S. en
NuScale Power Corporation's stock is experiencing an upward movement today, driven by a surge in the U.S. energy sector during pre-market trading. Reports indicate that nuclear energy stocks, including NuScale Power, saw gains of over 6% as part of this broader energy sector rally. This increase is likely influenced by recent developments in the nuclear energy space, such as the Tennessee Valley Authority's
NuScale Power's shares have experienced a notable increase, but the specific catalyst behind this movement remains unclear. The absence of direct news or announcements related to the company suggests that the rise could be attributed to broader market trends or investor sentiment. It's possible that recent developments in the energy sector, regulatory changes, or shifts in investor focus towards clean energ
NuScale Power Corporation (SMR) saw its stock price rise by 8.33% to close at $21.97 on January 17, 2025, following a series of positive developments in the nuclear energy sector. The stock opened at $21.00 and reached a high of $23.23 during the day, with trading volume nearly matching its average at 11,012,390 shares. A key driver of this surge was a favorable report from the International Energy Agency (
NuScale Power Corporation's stock is experiencing an uptick today, driven by significant developments in the small modular reactor (SMR) sector. The Tennessee Valley Authority (TVA) announced its leadership in applying for an $800 million U.S. Department of Energy grant to accelerate the construction of the nation's first SMR, the BWRX-300. This initiative involves a coalition of major utilities and develop
NuScale Power Corporation (SMR) is experiencing a rise in its stock price today, driven by a combination of strategic developments and market dynamics. The recent launch of the first NuScale Energy Exploration Center in Accra, Ghana, has garnered attention. This initiative, supported by the U.S. Ambassador to Ghana, aims to provide hands-on education and training for operating advanced civil nuclear reactor
NuScale Power Corporation's stock is experiencing a slight decline today, potentially influenced by broader market trends and recent developments in the nuclear energy sector. A new report from the International Energy Agency highlights the challenges facing nuclear projects, such as costs, schedules, and financing, which could be impacting investor sentiment. Additionally, the report emphasizes the need fo
NuScale Power Corporation (SMR) saw a significant price increase on January 15, 2025, closing at $20.82, up 8.27% from the previous close of $19.23. The stock opened at $20.18 and reached a high of $21.34 during the trading session. The surge in NuScale's stock price can be attributed to a combination of factors, including a substantial increase in institutional interest, with Wolff Wiese Magana LLC boostin
NuScale Power Corporation's stock is experiencing an upward movement today, likely driven by a significant increase in institutional interest. Wolff Wiese Magana LLC has notably boosted its holdings in NuScale Power by an impressive 125,230% during the fourth quarter, acquiring 12,523 additional shares. This substantial increase in institutional investment may be contributing to the positive sentiment aroun
NuScale Power Corporation (SMR) saw its stock rise by 2.29% to close at $19.23 on January 14, 2025, following the announcement of a leadership transition. The company disclosed that James T. Hackett will resign as Chairman of the Board, effective January 15, 2025, with Alan L. Boeckmann, a seasoned leader with a history at Fluor Corporation, stepping in as Non-Executive Chairman. This change is perceived po
NuScale Power Corporation (NYSE: SMR) shares have risen by 2.2% to $19.22 following the announcement of a leadership change. According to an SEC 8-K filing dated January 14, 2025, James T. Hackett will resign as Chairman of the Board, effective January 15, 2025. Alan L. Boeckmann, a board member since December 2020 and former CEO and Chairman of Fluor Corporation, will assume the role of Non-Executive Chair
NuScale Power Corporation (SMR) is experiencing a rise in its stock price today, likely driven by the announcement of Alan Boeckmann as the new Non-Executive Chairman of the Board of Directors, effective January 15, 2025. Boeckmann's appointment is seen as a strategic move to maintain strong ties with Fluor, NuScale's original sponsor and largest shareholder, given his previous experience as CEO and Chairma