October WTI crude oil (CLV26) closed down -3.40 (-3.21%) on Wednesday, and October RBOB gasoline (RBV26) closed up +0.0198 (+0.57%).
Crude oil and gasoline prices settled mixed on Wednesday, with gasoline climbing to a 3-week nearest-futures high. Crude prices fell sharply on Wednesday as signs emerged that more crude supplies are reaching the market, easing supply concerns. Losses in crude accelerated on Wednesday after weekly EIA crude inventories fell less than expected and gasoline and distillate supplies rose more than expected. Also, Wednesday's rally in the dollar index ($DXY) to a 1.5-month high undercut energy prices.
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Why UBS Just Turned Bearish on NuScale Power Stock
Crude Prices Soar as Global Oil Supplies Continue to Tighten

#crude #wednesday #supply #high

October Nymex natural gas (NGV26) on Wednesday closed down -0.028 (-0.96%).
Nat-gas prices retreated from a 1-week high on Wednesday and settled lower as a decline in European nat-gas prices to a 1-week low sparked long liquidation in US nat-gas futures. Nat-gas prices initially rose on Wednesday on the outlook for above-average US temperatures, which should boost nat-gas demand from electricity providers as air conditioning use is expected to increase. The Commodity Weather Group said Wednesday that above-average temperatures are expected across the South and Southeast through September 25.
Crude Oil Prices Sharply Lower as Middle East Disruptions Ease
Crude Oil Prices Retreat as Supply Fears Ease
Why UBS Just Turned Bearish on NuScale Power Stock

#prices #lower #average #expected

U.S. diesel prices have moved into record territory. The national average price of diesel climbed to a record $6.23 per gallon on Sept. 14, after first breaking above the $6 threshold last week. And diesel is hitting new highs again today at around $6.31. According to AAA data, the national average diesel price reached about $6.05 per gallon on Sept. 11, 2026, surpassing the previous record established in June 2022. The latest price is roughly 68% higher than the level of about $3.71 per gallon a year ago, highlighting the extraordinary speed of the rally.
The surge is being driven by a global shortage of refined petroleum products rather than crude oil alone. Disruptions to Middle Eastern energy infrastructure, sharply reduced traffic through the Strait of Hormuz, and attacks on Russian refineries have reduced the availability of diesel and other middle distillates. The situation has become serious enough that diesel prices are now adding to broader inflation concerns while simultaneously creating a potentially attractive environment for U.S. refiners.
Crude Oil Prices Sharply Lower as Middle East Disruptions Ease
Crude Oil Prices Retreat as Supply Fears Ease
Why UBS Just Turned Bearish on NuScale Power Stock

#Diesel

October WTI crude oil (CLV26) is down -4.07 (-3.85%) today, and October RBOB gasoline (RBV26) is down -0.-0350 (-1.01%).
Crude oil and gasoline prices are sharply lower today on signs that crude supplies are getting through the Strait of Hormuz, easing supply concerns. Losses in crude accelerated today after weekly EIA crude inventories fell less than expected and gasoline and distillate supplies rose more than expected.
Crude Oil Prices Sharply Lower as Middle East Disruptions Ease
Why UBS Just Turned Bearish on NuScale Power Stock
Crude Prices Soar as Global Oil Supplies Continue to Tighten

#supplies #october

AI data centers are facing growing power constraints, and the issue is becoming increasingly urgent. New utility capacity can take years to develop and bring online, but hyperscalers cannot afford to wait that long to support their growing computing needs. That gap between supply and demand creates an opportunity for Bloom Energy (BE), which is focused on delivering power where and when hyperscalers like Microsoft (MSFT), Amazon (AMZN), and Alphabet (GOOG) (GOOGL) require it. The fundamentals are now starting to provide support for the growing optimism around its opportunity.
Bloom Energy's technology stands out because it can address the AI power challenge on a much shorter timeline. The company's solid-oxide fuel cells are manufactured in factories and can be moved where required. They can also be deployed much faster than traditional power infrastructure. Instead of waiting years for grid upgrades or additional turbine capacity, data center developers can install Bloom Energy's systems and bring power online in a much shorter timeframe. As AI infrastructure expands, that speed has helped the company establish itself as an increasingly important on-site power vendor. All major U.S. hyperscalers are also providing validation of its position.
Why UBS Just Turned Bearish on NuScale Power Stock
Crude Oil Prices Retreat as Supply Fears Ease
Crude Prices Soar as Global Oil Supplies Continue to Tighten

#bloom #crude

NuScale Power Corporation (SMR) stands out as America's leading developer of small modular reactors (SMRs), building light-water nuclear systems designed to deliver reliable, carbon-free baseload power. Its core product, the NuScale Power Module, targets a wide range of applications, from traditional electricity generation to industrial decarbonization, AI data center power supply, and hydrogen production. Notably, NuScale remains the only SMR developer to secure Standard Design Approval from the U.S. Nuclear Regulatory Commission, a regulatory milestone that continues to anchor its competitive positioning in the emerging advanced nuclear industry.
NuScale's stock has been anything but stable. Over the past 52 weeks, shares have traded across an enormous range, from a low of $7.21 to a high of $57.42, before settling closer to $10.81. That volatility stems from a mix of factors: heavy retail investor interest, elevated short interest fueling sharp swings in both directions, and macroeconomic shifts in interest rates that disproportionately affect capital-intensive, pre-revenue growth companies. Compared to the Russell 2000, a benchmark of diversified, largely profitable small-cap stocks, NuScale carries a significantly higher beta and downside risk, reflecting its speculative, early-stage commercialization profile.
Goldman Sachs Expects Fed Chair Kevin Warsh to Raise Rates This Week — But Not Because of Oil Prices.
Crude Prices Soar as Global Oil Supplies Continue to Tighten
Middle East Supply Constraints Lift Crude Oil Prices

#nuclear #crude

There's an old investing rule, popularized by investing legend Peter Lynch, to invest in what you know. It's deceptively simple advice: The better you understand a business, the better equipped you are to recognize its opportunities.
Likewise, greater knowledge of a business improves your ability to recognize things that could potentially go wrong. That second part is especially important.
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 »
When it comes to NuScale Power (NYSE: SMR), there's one thing investors should probably know before buying the dip: what its small modular reactors (SMRs) could actually cost to operate. This isn't, to be sure, a question investors can answer with much certainty today, mainly because NuScale doesn't have a commercial reactor in operation.
That said, a newly released study, which has not yet gone through peer review, offers a sobering estimate. And if the findings hold up, the operating costs for NuScale's reactors could pose a much bigger problem to its business than previously thought.

#recognize

The energy landscape is evolving rapidly, and one company looking to disrupt the status quo and redefine the future of nuclear power is NuScale Power (NYSE: SMR). NuScale is the only small modular reactor (SMR) developer to receive a Standard Design Approval from the Nuclear Regulatory Commission.
On Sept. 1, NuScale achieved a major engineering breakthrough. In collaboration with MilleniTEK, it successfully fabricated specialized boron-oxide pellets, a critical component of NuScale's cutting-edge passive emergency cooling system.
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 »
This engineering triumph is a major step toward making safe, meltdown-proof modular nuclear power a reality. It also helps NuScale move closer to commercial deployment. But does this make NuScale Power stock a buy? Let's dive into the details and what it means for the stock.
In traditional nuclear reactors, reactivity control during nonstandard events often relies on active mechanical insertion of control rods or on powered chemical injection pumps. NuScale's 77 MWe Small Modular Reactor (SMR) design relies on passive safety mechanisms.

#power

The artificial intelligence (AI) boom is fueling a nuclear renaissance. For the industry to grow, massive amounts of energy-intensive compute power will need to be built. As a low-carbon, high-baseload energy source, nuclear power is a promising solution.
NuScale Power (NYSE: SMR) is the only small modular reactor (SMR) developer in the U.S. approved by regulators to construct an SMR facility. SMRs are ideal for the AI data center build-out, given that they can be built more quickly and at a lower cost than conventional nuclear plants. This smaller footprint allows an SMR to be constructed near the data center infrastructure itself.
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 »
Despite growth potential, NuScale shares are down 40% this year. Skepticism is reasonable. Only two SMR systems currently exist worldwide. NuScale has never commercialized any of its SMR designs. Plus, the company already experienced a sizable failure in 2023 when its biggest customer (at the time) canceled its project.
While NuScale operates in an industry that should see long-term growth, the nuclear stock's future may hinge on a single upcoming catalyst.

#nuclear

Oklo (OKLO) and X-Energy (XE) each fell 5% as markets sold the nuclear group on X-Energy's Sell rating, ignoring Oklo's concurrent Buy initiation.
URA dropped 3% while SPY fell just 0.4%, confirming Thursday's pressure was a sector-specific nuclear selloff, not a broad market event.
Analyst Dimple Gosai argues that financing structure, rather than reactor technology, is what decides which SMR developers can build a first plant and win customers.
Just released. Our **** ysts combed the entire stock market and named the ten best stocks to buy right now, and X-Energy, Inc. Class A Common Stock didn't make the cut. Enter your email to see the names that beat XE. The report is free. Enter your email and see if any of your stocks made the cut.
Shares of Oklo (NYSE:OKLO), NuScale Power (NYSE:SMR) and X-Energy (NASDAQ:XE) are sliding together in Thursday afternoon trading after Piper Sandler issued a split rating action across advanced nuclear. Oklo stock is down 5% to $40.50, with the year-to-date (YTD) decline now at 44%.

#enter #NYSE

It has been a tough year for NuScale Power (NYSE: SMR). Shares have fallen nearly 40% since 2026. One Wall Street **** yst remains unfazed.
In early August, Rinny Singh, an **** yst at Bank of America, reiterated her buy rating on SMR stock, setting a share price target of $12, implying roughly 24% upside over the next 12 months.
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 »
Why does Singh remain so bullish despite recent share price weakness? Her bull thesis comes down to one key catalyst -- a catalyst that may soon receive some much-needed momentum.
Singh's bull thesis on NuScale stock largely comes down to one critical factor: Can NuScale convert its customer pipeline into revenue-generating projects? The biggest mover from this perspective is the company's 6-gigawatt (GW) project with its financing partner, ENTRA1, and utility provider, the Tennessee Valley Authority (TVA).

#NVIDIA #analyst #Share #price

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

NuScale Power (NYSE: SMR) is a popular nuclear energy stock with significant upside potential. The company is valued at just $4 billion despite operating in what could become a $300 billion global market.
In general, Wall Street ****** ysts are bullish on the company. The consensus price target of $11.85 suggests nearly 30% in near-term upside. Two ****** ysts believe shares could double in value over the next 12 months.
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 »
There's no doubt about NuScale's potential. The company specializes in small modular reactors, or SMRs. This technology has been around for decades, with only two SMR facilities ever commercialized worldwide. Adoption of SMRs, however, is heating up quickly. More than 80 SMR systems are currently in development, largely thanks to a single catalyst: rapidly rising energy demand from artificial intelligence (AI) companies.
These companies require large amounts of reliable baseload power. And due to climate commitments, much of this emerging power demand must be met by low-carbon generation. AI companies will need more power years down the line, but they also need more power now. That makes SMRs a better fit versus conventional nuclear power plants. SMRs are essentially miniature nuclear power plants that can be built faster and with lower upfront costs. They can also be located directly next to data center infrastructure.

#power #smrs #flashing

Last October, shares of NuScale Power (NYSE: SMR) hit an all-time high of about $57. Today, shares trade at just under $10, representing a massive 84% decline.
What happened? Nothing that an 84% decline might suggest: no bankruptcy, no regulatory complications, no nuclear accidents (thank goodness). The drawback was more likely a sign that investors had lost patience with an overvalued nuclear stock with no reactor operating in the real world, and no firm first customer.
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 »
Funny thing is, NuScale actually looks better positioned as a company than it did at the height of its AI-nuclear boom. Investors looking for a value may want to reconsider NuScale, especially with a multi-state project moving closer to a signed deal.
If you're new to NuScale, here's a quick catch-up: The company wants to build and sell small modular reactors (SMRs), which are essentially compact nuclear power plants designed to generate carbon-free electricity from a much smaller physical footprint than your traditional nuclear facility. It is currently the only company in the U.S. with an NRC-approved SMR design, but it has not yet built a reactor for a customer.

#nuscale #power #time

September Nymex natural gas (NGU26) on Wednesday closed up +0.072 (+2.60%).
Nat-gas prices rallied to a 1-month high on Wednesday and settled sharply higher. Forecasts for hot US weather that will boost nat-gas demand from electricity providers to power increased air-conditioning use pushed prices higher on Wednesday. The Commodity Weather Group said on Wednesday that forecasts shifted to hotter, with well-above-average temperatures expected across the eastern two-thirds of the US from August 31 through September 4.
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#prices #power #nymex

The nuclear energy story that had Wall Street buzzing in 2025 has collapsed this year. NuScale Power (SMR), one of the most popular companies in the small modular reactor (SMR) ******* e, has become one of the biggest short-seller targets in 2026.
Valued at a market capitalization of around $3.8 billion, SMR stock is now down 83% from its all-time high, grossly underperforming the broader markets. Will SMR stock continue to decline over the next 12 months? Let's take a closer look.
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Crude Prices Fall as Oil Supplies Move Through the Strait of Hormuz
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#prices #supplies #wall

Over the coming decades, nuclear energy will be a $10 trillion opportunity. That's according to Bank of America ****** ysts, who are particularly excited about a relatively novel method of producing nuclear power: small modular reactors, or SMRs.
"Amid surging electricity demand, driven in part by the rise in AI/data centers, nuclear energy offers a potential solution," Bank of America concluded in a recent report. "And new advancements in technology may now make the tipping point in sight for small modular reactors (SMRs) to reshape nuclear energy supply chains over the next decade."
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 »
NuScale Power (NYSE: SMR) is currently the only company in the U.S. approved by regulators to build an SMR system. On a recent call with investors, CEO John Hopkins stressed that the company remains "the only SMR company in the world to have earned U.S. Nuclear Regulatory Commission standard design approval," adding that it has "done it for two separate designs, our 50-megawatt and our 77-megawatt modules."
Many other companies are currently working through the approval process for SMRs. But NuScale has leveraged its early approvals to secure large deals, including a 6-gigawatt project for the Tennessee Valley Authority (TVA). If built, that system would be the largest SMR facility in the world by a large margin.

#smrs #company #nuscale

The long-term growth story for nuclear power is clear. Artificial intelligence (AI) companies are scaling energy-intensive data center infrastructure as quickly as humanly possible. And the current energy grid isn't prepared for this unprecedented build-out. New energy sources will be needed quickly, and nuclear energy could deliver the reliable, low-carbon baseload power the AI industry craves.
NuScale Power (NYSE: SMR) has long appreciated this data center infrastructure demand tailwind. The company's small modular reactors (SMRs) are a great fit for adding large amounts of reliable power generation to the grid.
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 »
This year, however, I think there's an even more exciting catalyst to pay attention to than general industry demand tailwinds.
NuScale remains the only nuclear developer in the U.S. approved by regulators to build an SMR system. But it has yet to even commercialize its approved designs. That could change later this year when the company suspects it could reach a power purchase agreement (PPA) with a major customer.

#signal #nuclear #data

Aggressive growth investors understand that to substantially increase their portfolio's growth prospects, they typically must accept greater risk and volatility. As the saying goes, there's no such thing as a free lunch.
The trick is to find the best balance between upside potential and added risk. NuScale Power (NYSE: SMR), a popular nuclear energy stock, could strike the ideal balance. The company is pursuing a multi-trillion-dollar growth opportunity and yet trades at a market cap of just $3.5 billion.
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 »
There are reasons for NuScale's discounted valuation. But, that sizable discount may shrink substantially later this year if the company reports positive progress on one critical growth catalyst.
If you're looking to maximize the growth potential of your portfolio, this could be your chance.

#risk #Potential

Yesterday, Aug. 5, NuScale Power (NYSE:SMR) reported what, on the surface, looked like a brutal quarter. Its net loss came in at about $50 million, while its second-quarter revenue sank 99%, from roughly $8 million reported a year ago to about $75,000. It's the kind of quarterly report that can sink a stock at market open.
And yet, as of this writing at about 10:45 a.m. ET, NuScale was up nearly 1%.
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 »
What kind of wizardry sends a nuclear energy stock higher after a revenue collapse of nearly 99%? None, really. Truth be told, it's a reflection of a company whose value has almost nothing to do with what it earns today. And, despite the ugly losses, NuScale gave investors reasons to keep believing in its future business. Let's take a look.
First, let's put that 99% revenue decline into context.

#nuscale #revenue #reported

It's been a wild ride for NuScale Power (NYSE: SMR) investors, but there could be one catalyst on the horizon that leads to a breakout and an end to the boom-and-bust cycle.
NuScale's project, a 6-gigawatt small modular reactor (SMR) system for the Tennessee Valley Authority, a major utility operator, could imminetly receive a power purchase agreement (PPA). This is according to CEO John Hopkins, who has implied that the company would have a PPA by the end of 2026.
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 »
A signed PPA would lock in revenue for NuScale from a utility company for years or even decades to come. This would be welcome news for NuScale, which has suffered several meaningful setbacks this year.
The bad news for NuScale has included the exit of its largest shareholder, Fluor, as well as a $507.4 million milestone payment to commercialization partner ENTRA1 Energy. Delays in project timelines and skyrocketing operating losses amid declining revenue are prompting investors to head for the exit.

#NVIDIA #power #project

Shares of NuScale Power (NYSE: SMR) have been on a roller coaster ride over the past three years. They have risen as high as 575% over the period, but are currently only up around 5%, thanks to an 80% drawdown from their highs. That, however, could make them worth buying for long-term investors. Here's the big reason why you might want to step aboard.
Right now, NuScale Power bleeds red ink, and a lot of it. That's not unexpected, given that it is a start-up introducing new nuclear power technology to the world. That technology is small modular nuclear reactors (SMRs). NuScale Power has key regulatory approvals and is working with several potential partners as it seeks its first sale. The problem is that it doesn't actually have that sale in the books, and until it does, the company's technology remains untested.
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 »
SMRs could be a game changer for the nuclear power industry. They are factory-built, use the most modern safety protocols, and are small enough to be moved easily and placed relatively close to where they are needed. An easy win would be using an SMR to power an artificial intelligence data center. But that's not the only opportunity, since NuScale's SMRs can be linked together to create a utility-scale facility.
The big reason to buy NuScale Power is that you believe SMRs will be a big market in the future. However, the company's future remains highly uncertain until it has actually sold one of its SMRs, built it, and seen it tested in a real-world environment. This is not a stock for the faint of heart.

NuScale Power Corporation (NYSE:SMR) was among the stocks Jim Cramer commented on as he advised investors on how to take advantage of Wednesday's market rotation. When a caller inquired about the stock during the lightning round, Cramer remarked, "It's too speculative for me. I like GEV… GEV is safer. GEV's safer."
Photo by Adam Nowakowski on Unsplash
NuScale Power Corporation (NYSE:SMR) provides advanced small modular reactor technology centered on its 77-MWe NuScale Power Module. During the December 15, 2025, episode, Cramer mentioned the stock and commented:
NuScale Power, which is trying to build small-scale nuclear reactors. Like the other nuclear plays, this company's losing fortunes. Its stock, which at one time was at $57, is now at $17 and change, down just 3% for the year. I hope we can stay at that level, but it might not because, well, it's got a pretty lofty evaluation still.
It is worth noting that since the above comment was aired, the company's stock has declined by nearly 42%.

NuScale Power Corporation (NYSE:SMR) was among the stocks Jim Cramer commented on as he advised investors on how to take advantage of Wednesday's market rotation. When a caller inquired about the stock during the lightning round, Cramer remarked, "It's too speculative for me. I like GEV… GEV is safer. GEV's safer."
Photo by Adam Nowakowski on Unsplash
NuScale Power Corporation (NYSE:SMR) provides advanced small modular reactor technology centered on its 77-MWe NuScale Power Module. During the December 15, 2025, episode, Cramer mentioned the stock and commented:
NuScale Power, which is trying to build small-scale nuclear reactors. Like the other nuclear plays, this company's losing fortunes. Its stock, which at one time was at $57, is now at $17 and change, down just 3% for the year. I hope we can stay at that level, but it might not because, well, it's got a pretty lofty evaluation still.
It is worth noting that since the above comment was aired, the company's stock has declined by nearly 42%.

NuScale Power (NYSE:SMR), developer of small modular nuclear reactors, closed Friday at $10.50, down 12.50%. The stock moved lower during the regular session as traders continued to reassess its investment narrative while monitoring evolving SMR policy support and new use cases.
Trading volume reached 45.2 million shares, about 45% above its three-month average of 31.2 million shares. NuScale Power IPO'd in 2022 and has grown 4% since going public.
The S&P 500 (SNPINDEX:^GSPC) fell 2.63% to 7,385, while the Nasdaq Composite (NASDAQINDEX:^IXIC) lost 4.18% to finish at 25,709. Within specialty industrial machinery, industry peers Oklo (NYSE:OKLO) closed at $58.09, down 11.16%, and Nano Nuclear Energy (NASDAQ:NNE) ended at $23.56, off 9.94%, reflecting broad weakness across SMR developers.
It shouldn’t be a surprise that speculative energy names like NuScale Power underperform the market on a risk-off day. With the Nasdaq having its worst day since April 2025, NuScale shareholders should take today’s move in stride.
Today’s plunge comes as investors focus more on technology names and ponder whether a bubble created from AI spending could be on the verge of deflating. NuScale could tap into the AI data center market to thrive, but that is still years away. A sector shift would change the stock's narrative.
Federal and municipal support will be critical for NuScale Power either way. Recent tailwinds include reports that the New York Power Authority (NYPA) is pursuing large and small modular reactors for future power generation.