Group 1 - NuScale Power Corporation's share price decreased by 2.08% from January 16 to January 23, 2026, ranking it among the energy stocks that lost the most during that week [1] - RBC Capital has reduced its price target for NuScale Power from $32 to $21 while maintaining a 'Sector Perform' rating, indicating an upside of over 6% from current levels [3] - The company specializes in small modular reactor technology, with its NuScale Power Module capable of producing up to 924 MWe of carbon-free energy [2] Group 2 - The nuclear technology sector is experiencing a resurgence, driven by the demand for clean energy from hyperscalers signing long-term Power Purchase Agreements (PPAs) [4] - Despite the potential of small modular reactors (SMR), there are speculative risks associated with NuScale's technology as it has not yet been commercially deployed at scale [4] - The investment potential of SMR is acknowledged, but certain AI stocks are considered to offer greater upside potential with less downside risk [5]

Group 1 - NuScale Power shares have increased by 40% year-to-date in 2026, reflecting strong investor interest in the nuclear energy sector [1] - The stock's recent performance contrasts with the historical performance of NuScale Power shares over the past few years, indicating mixed results for long-term investors [2] - The nuclear energy industry received a boost in September 2024 when Constellation Energy signed a power purchase agreement with Microsoft, enhancing interest in advanced nuclear companies like NuScale Power [4] Group 2 - In May 2025, President Donald Trump signed executive orders aimed at revitalizing the nuclear energy sector, which positively impacted NuScale Power's stock performance [5] - Market interest in NuScale Power remains strong as the company approaches commercial operations, with a $1,000 investment three years ago growing to $2,000 by January 23 [6] - NuScale Power is recognized as a leader in next-generation nuclear reactors, offering significant growth potential for investors willing to accept higher risks [8]

Core Insights - NuScale Power Corporation is set to host a conference call on February 26, 2026, to discuss its fourth quarter and full year 2025 results [1] - The company is recognized as a leader in advanced small modular reactor (SMR) nuclear technology, aiming to support the global energy transition with safe and reliable carbon-free energy [3][4] Company Overview - Founded in 2007, NuScale Power specializes in proprietary SMR technology, with each NuScale Power Module™ capable of generating 77 megawatts of electricity (MWe) or 250 megawatts thermal [3] - The technology can be scaled to meet customer needs, with configurations allowing for a total output of up to 924 MWe through 12 modules [3] - NuScale is the first and only SMR to have its designs certified by the U.S. Nuclear Regulatory Commission, positioning it to serve a diverse range of customers globally [4] Future Outlook - The company is focused on delivering nuclear energy solutions for various applications, including electrical generation, data centers, district heating, desalination, and hydrogen production [4]

Core Insights - NuScale Power's small modular reactor (SMR) technology has the potential to transform nuclear energy deployment through factory-built, transportable power modules that reduce construction time and costs [1][4] - The company is the only one with its SMR design certified by the U.S. Nuclear Regulatory Commission, targeting energy-intensive industries such as AI data centers, mining, and semiconductor manufacturing [2] Stock Performance - NuScale's stock has experienced significant volatility, peaking at $57 per share over the past year, but currently trades around $21 per share [3] Partnership with ENTRA1 - The agreement with ENTRA1 is crucial for NuScale's commercialization and deployment of its power module technology, aiming to provide carbon-free baseload power for data centers and industrial applications [4][5] - This partnership is seen as a response to the cancellation of NuScale's previous project in Idaho due to rising costs, allowing for technology deployment without the typical upfront debt burden on utilities [5] Financial Implications - While the ENTRA1 agreement alleviates financial pressure on utilities, it may impose significant financing responsibilities on both ENTRA1 and NuScale, potentially diluting existing shareholders [6][7] - Analysts estimate that NuScale could incur costs of $6 billion over the next 15 years under this agreement, fundamentally altering its valuation [7]

Group 1 - President Trump emphasized the importance of nuclear energy at the World Economic Forum, announcing an executive order to approve new nuclear reactors and aiming to expand U.S. nuclear capacity to 400 gigawatts by 2050 [2][3] - Shares of Oklo, NuScale Power, and Nano Nuclear Energy experienced gains following Trump's announcement, although they remain approximately 50% down from their 52-week highs due to broader market corrections [3][6] - The Department of Energy allocated $2.7 billion for uranium enrichment, aiming to reduce foreign dependence and support the rising energy demand from AI data centers, which could benefit advanced nuclear developers [4] Group 2 - Oklo is focusing on microreactors, specifically its Aurora design, and is working towards operational readiness for its first plant by 2027-2028, with a significant deal in place with Meta Platforms for a 1.2-GW nuclear campus in Ohio [5][6] - Despite being pre-revenue, Oklo has received a buy rating from Bank of America with a target price of $127, indicating positive market sentiment towards the company [6] - NuScale forecasts a loss of $0.92 per share for 2026, highlighting the financial challenges faced by these companies as they navigate the nuclear energy landscape [6]

Core Insights - NuScale Power and GE Vernova are key players in the nuclear energy sector, focusing on small modular reactors (SMRs) and power solutions respectively [1][2] - The global small modular reactor market is projected to grow from $5.96 billion in 2025 to $8.77 billion by 2032, with a CAGR of approximately 4.59% [2] NuScale Power Overview - NuScale Power is the only SMR vendor with U.S. Nuclear Regulatory Commission (NRC) design approval, providing a competitive edge [4] - The company has a significant project with ENTRA1 and Tennessee Valley Authority (TVA) for a 6-GW SMR program, which includes 72 modules across multiple plants [5] - Despite its advantages, NuScale Power's revenues are currently low, reporting $8.2 million for Q3 2025, and it faces substantial milestone payments [6] - The TVA agreement is not yet a binding Power Purchase Agreement (PPA), which poses risks for future revenue generation [7] GE Vernova Overview - GE Vernova is advancing in the SMR market with the BWRX-300, designed to produce around 300 megawatts per unit [8] - The partnership with Samsung C&T enhances GE Vernova's market prospects, particularly in Europe, with plans for deploying five BWRX-300 units in Sweden [9] - GE Vernova is progressing through the U.K. regulatory process and has active projects in Canada and the U.S., indicating strong project development [10][12] Earnings Estimates Comparison - NuScale Power's 2026 earnings estimate is a loss of $0.62 per share, improving from a projected loss of $2.23 per share in 2025 [13] - In contrast, GE Vernova's 2026 earnings estimate is $13.27 per share, up from $12.77, showing a significant improvement from 2025's projected earnings of $7.29 per share [14] Price Performance and Valuation - Over the past six months, GE Vernova shares have increased by 6.5%, while NuScale Power shares have decreased by 58.2% [16] - NuScale Power has a forward sales multiple of 43.12X, significantly higher than GE Vernova's 4.36X, making GE Vernova more attractive for value-seeking investors [18] Conclusion - Both companies are positioned to benefit from the nuclear energy sector's growth, but NuScale Power faces challenges with small revenues and long project timelines [21] - GE Vernova's partnerships and regulatory progress provide a more stable investment outlook, making it a preferable choice for investors [22][24]

Group 1 - Oil stocks generally rose, with CNOOC (02883) up 4.32%, PetroChina (00857) up 3.33%, CNOOC (00883) up 2.98%, and Sinopec (00386) up 3.01%. International oil prices saw a slight increase, with WTI crude oil futures for February closing at $60.62 per barrel, up 0.43%, and Brent crude oil futures for March at $65.24 per barrel, up 0.49% [1] - CATL (03750) fell over 4%, down 4.4% as of the report. A report from Citi raised concerns about CATL's growth prospects due to slowing EV sales in China, rising lithium prices, and reduced export VAT rebates [1] - Kintor Pharmaceutical (02171) rose nearly 4% after announcing a clinical collaboration with Dispatch Bio to initiate a Phase I clinical trial in China by 2026 for a treatment method targeting solid tumors [1] Group 2 - Guoxia Technology (02655) surged over 7% following a strategic cooperation agreement with Shuneng Electric to enhance collaboration in the energy storage sector [2] - Kingsoft Biotech (01548) dropped over 6% after its affiliate Legend Biotech's stock fell more than 11%. Kingsoft reported that Legend's CARVYKTI had a net sales of approximately $555 million for Q4 [2] - Hong Kong real estate stocks saw a general rise, with Hysan Development (00014) up 5.17%, Sun Hung Kai Properties (00016) up 3.36%, and Wharf Real Estate (01997) up 4.02%. A report from Citi indicated a recovery in Hong Kong property prices, predicting a continued upward trend, albeit at a moderate pace due to tempered interest rate cut expectations [2] Group 3 - Baidu Group (09888) rose nearly 5%, with a cumulative increase of over 40% in the past two months. The company launched the official version of its Wenxin large model 5.0, featuring 2.4 trillion parameters [3] - Pacific Basin Shipping (02343) increased over 9%, reaching a new high of HKD 2.96, benefiting from a rise in the Baltic Dry Index, which increased by 74 points or 4.3% to 1803 points [3] - GDS Holdings (09698) rose nearly 3% after announcing the sale of shares in DayOne for $385 million, recovering approximately 95% of its investment principal with a return rate close to 6.5 times [4] Group 4 - The US stock market saw an expansion in gains, with the Nasdaq up 1%. Notable tech stocks like Intel (INTC.US) rose 11.72%, reaching a market cap of over $250 billion, the highest in four years [5] - The storage sector continued to strengthen, with Micron Technology (MU.US) up 6.61% and Western Digital (WDC.US) up 8.49%. Counterpoint Research indicated that the storage market has entered a "super bull market" phase, surpassing previous highs due to increased demand from AI and server capacity [5] - The Nasdaq Golden Dragon China Index surged 2%, with popular Chinese stocks like Bilibili (BILI.US) up 5.65% and Baidu (BIDU.US) up 8.17% [6]

Core Viewpoint - Nuclear stocks experienced a significant pre-market surge following President Trump's announcement of a strong push for nuclear energy development in the U.S. and the signing of an executive order to approve the construction of multiple new nuclear plants [1] Company Performance - Oklo Inc (OKLO.US) saw an increase of over 7.6% [1] - NuScale Power (SMR.US) rose by more than 5.8% [1] - Centrus Energy (LEU.US) gained over 4% [1] - Cameco (CCJ.US) increased by more than 3.6% [1]

Core Viewpoint - Nuclear power stocks experienced a significant pre-market surge following President Trump's announcement of a strong push for nuclear energy development in the U.S. and the signing of an executive order to approve the construction of multiple new nuclear plants [1] Company Performance - Oklo Inc (OKLO.US) saw an increase of over 7.6% [1] - NuScale Power (SMR.US) rose by more than 5.8% [1] - Centrus Energy (LEU.US) gained over 4% [1] - Cameco (CCJ.US) increased by more than 3.6% [1]

Core Viewpoint - The Global X Uranium exchange-traded fund has experienced significant growth over the past year and continues to show potential for further advancement [1] Group 1 - The Global X Uranium ETF has been a focal point in the market due to its substantial performance last year [1]