21 days ago
Shares of NuScale Power (NYSE:SMR) trade around $9.63 as of this writing, down about 83% from their $57.42 52-week high.
But the demand that sent nuclear stocks soaring in the first place hasn't reversed. Constellation Energy (NASDAQ:CEG), for instance, reported an additional 920 megawatts of long-term power purchase agreements alongside its second-quarter results.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
In other words, the crash and the demand can both be true at once, because these companies do very different jobs. NuScale designs reactors, Cameco (NYSE:CCJ) sells the fuel, and Constellation already sells the power. A $2,000 investment split across the three buys three different claims on the same electricity demand.
Image source: The Motley Fool.
#power #constellation #down #first
But the demand that sent nuclear stocks soaring in the first place hasn't reversed. Constellation Energy (NASDAQ:CEG), for instance, reported an additional 920 megawatts of long-term power purchase agreements alongside its second-quarter results.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
In other words, the crash and the demand can both be true at once, because these companies do very different jobs. NuScale designs reactors, Cameco (NYSE:CCJ) sells the fuel, and Constellation already sells the power. A $2,000 investment split across the three buys three different claims on the same electricity demand.
Image source: The Motley Fool.
#power #constellation #down #first
2 months ago
Cameco (NYSE: CCJ) recently reported ugly second-quarter results. The nuclear fuel supplier's revenue fell 7%, while its adjusted earnings per share missed the ******* ysts' consensus estimate by a mile (0.18 Canadian dollars per share vs. CA$0.36 per share, or $0.13 to $0.26).
However, things for the uranium company weren't as bad as they initially looked. The earnings miss was almost entirely due to lower equity earnings from its investment in Westinghouse Electric, which it co-owns with Brookfield Renewable. That trend could quickly reverse as its owners are preparing to take Westinghouse public, which could unlock significant value for Cameco.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Cameco bought a 49% interest in Westinghouse in late 2023, with Brookfield Renewable purchasing the remaining 51% stake. The deal valued Westinghouse at CA$8.2 billion ($5.9 billion) at the time of its closing.
As a co-owner of Westinghouse, Cameco accounts for its interest in the business on its financial results using the equity method of accounting in Canadian dollars. During the second quarter, Cameco reported a CA$10 million ($7.2 million) loss attributable to its Westinghouse share. That was down from CA$126 million ($90.4 million) in earnings in the year-ago period. However, that was entirely due to some lumpiness in Westinghouse's business. Cameco's equity earnings from Westinghouse were higher in 2025 due to its participation in the construction of two nuclear reactors at a power plant in the Czech Republic.
#earnings #NVIDIA
However, things for the uranium company weren't as bad as they initially looked. The earnings miss was almost entirely due to lower equity earnings from its investment in Westinghouse Electric, which it co-owns with Brookfield Renewable. That trend could quickly reverse as its owners are preparing to take Westinghouse public, which could unlock significant value for Cameco.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Cameco bought a 49% interest in Westinghouse in late 2023, with Brookfield Renewable purchasing the remaining 51% stake. The deal valued Westinghouse at CA$8.2 billion ($5.9 billion) at the time of its closing.
As a co-owner of Westinghouse, Cameco accounts for its interest in the business on its financial results using the equity method of accounting in Canadian dollars. During the second quarter, Cameco reported a CA$10 million ($7.2 million) loss attributable to its Westinghouse share. That was down from CA$126 million ($90.4 million) in earnings in the year-ago period. However, that was entirely due to some lumpiness in Westinghouse's business. Cameco's equity earnings from Westinghouse were higher in 2025 due to its participation in the construction of two nuclear reactors at a power plant in the Czech Republic.
#earnings #NVIDIA
1 yr. ago
Merus and UEC surge as stock market gainers on biotech and nuclear bets https://business-news-toda... #TopGainers #stockmarket #NuclearEnergy #BiotechStocks #MRUS #SMR #UEC #INFA #CCJ #BWXT #NYSE #NASDAQ #investing #USStocks
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