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. An announcement from competitor GE Vernova may have catalyzed the sell-off as well. Over the last year, NuScale Power stock is up over 800%.Here's why NuScale Power stock fell in ...

This little nuclear reactor maker might have a lot of upside potential.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. The bears claimed its stock was overvalued and it would struggle to scale up its capital-intensive busines ...

The rapid proliferation of artificial intelligence data centers is forcing the world to quickly revive an aging industry... with a twist.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.What's not quite clear yet, however, is whethe ...

Will GE Vernova crush NuScale's nuclear dreams?NuScale Power Corporation (SMR -3.85%) stock fell 3% through 11:25 a.m. ET -- and it has General Electric to blame for it.NuScale develops small modular nuclear reactors designed to be cheaper and faster to build than traditional nuclear power plants. And as it's fond of pointing out, NuScale is "the first and only SMR to have its design certified by the U.S. Nuclear Regulatory Commission." But leaders aren't necessarily winners, and as CNBC reports this mornin ...

NuScale Power (SMR 9.61%) stock is unstoppable -- it surged 28% this week to an all-time high of $29.52 per share at its highest point in trading through Friday noon, according to data provided by S&P Global Market Intelligence.The nuclear energy stock is now up a whopping 50% in November, after rallying 65% in October. Why is NuScale Power stock soaring higher and higher?Could nuclear energy win under Trump?Investors in NuScale Power are betting big on the company's potential growth as the U.S. continues t ...

Shares of NuScale Power (SMR 9.78%) skyrocketed on Wednesday, surging 14.8% as of 1:20 p.m. ET. to a 52-week high of $26.67 a share. With today's rally, the nuclear energy stock is now up a whopping 38.6% so far this month after clocking a massive 65% gain in October.Investors believe the latest announcement from the White House will propel NuScale Power to new heights.Nuclear energy is back in focusThe White House announced a roadmap yesterday to boost the nuclear energy industry, with plans to "at least" ...

Shares of NuScale Power (SMR -1.06%), a developmental-stage maker of small modular reactors, initially popped this morning on an announcement from the White House on expanding nuclear energy production.While the stock jumped as much as 13% in morning trading, it gave back those gains amid a broader pullback in small-cap stocks in a sign that the boom from Trump's election was fading.As a result, the stock closed down 1.1% while the Russell 2000 fell 1.8%, with the small-cap index giving back all of yesterda ...

SINGAPORE, Nov. 11, 2024 (GLOBE NEWSWIRE) -- SAIHEAT Limited (f/k/a SAI.TECH Global Corporation) (“SAIHEAT” or the “Company”) (NASDAQ: SAIH, SAITW), is pleased to announce the integration of HEATNUC, an advanced Small Modular Reactor (SMR) system dedicated to power AI computing centers. Designed as a stable, high-capacity energy source, HEATNUC addresses the unique power needs of AI-driven infrastructure, providing a solution that traditional renewable and fossil-fuel-based energy sources cannot match. HEAT ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________ ______________________ FORM 10-Q ______________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________ to ____________ Commission file number 001-04321 NUSCALE POWER CORPORAT ...

The nuclear stock rose following its earnings report.Shares of NuScale Power (SMR 8.91%) were moving higher today after the development-stage maker of small modular reactors reported third-quarter results last night.While the numbers weren't the focus, management commentary on its progress seemed to please investors.As a result, the stock was up 4.3% as of 1:42 p.m. ET after being up as much as 19.2% earlier in the session. NuScale takes some more baby stepsNuscale reported revenue of $475,000 in the quarte ...