Financial Results Announcement - NuScale Power Corporation announced its financial results for the quarter ended September 30, 2024, on November 7, 2024[3]. - The press release detailing the financial results is attached as Exhibit 99.1[5]. Company Classification and Stock Information - The company is classified as an emerging growth company under the Securities Exchange Act of 1934[2]. - The Class A common stock has a par value of $0.0001 per share and is traded under the symbol SMR on the New York Stock Exchange[2]. - The warrants are exercisable for one share of Class A common stock at an exercise price of $11.50 per share[2]. Financial Metrics and Reporting - The report does not include specific financial metrics or performance indicators for the quarter[4]. - The company has not indicated any new or revised financial accounting standards compliance[2]. - No information on user data, future outlook, or new product developments was provided in the current report[4]. - The report does not mention any market expansion or acquisition strategies[4]. - The filing does not include any liabilities under Section 18 of the Securities Exchange Act of 1934[4].

NuScale Power is a story stock. If you don't believe the story, you probably shouldn't own it. If you do believe the story, enjoy the ride.NuScale Power (SMR -0.68%) isn't a household name. That's not shocking since it has a fairly small market cap of around $1.7 billion and doesn't have a product to sell yet.The interesting thing with this nuclear power stock is that these two facts could be seen as a reason to buy shares and, at the same time, a reason to sell them. Here's a look at the buy, sell, or hold ...

NuScale Power has rocketed skyward thanks to renewed interest in nuclear power. But is it a buy near all-time highs? After the Fukushima nuclear reactor meltdown in 2011, countries around the world reconsidered their dedication to nuclear power. Fast-forward to today, and nuclear power appears to be experiencing a renaissance. This nuclear resurgence is the world in which NuScale Power (SMR -6.78%) operates -- and it represents both opportunities and risks. So is worth buying the stock under $23 a share, wh ...

Nuclear energy is suddenly hot. Nuscale Power looks like a leader. All of a sudden, nuclear energy is trendy. In the last month, three big tech companies, Microsoft, Alphabet, and Amazon, have all signed deals for nuclear energy. That's not a coincidence. The AI race is forcing the tech giants to reckon with how to power the massive data centers they're building to run AI applications like ChatGPT. In fact, the biggest constraint in AI may not be the technology itself, but a source of cheap and available en ...

Companies are betting big on nuclear energy to power AI. We are entering a nuclear energy generation renaissance. Companies and governments around the world are building and restarting nuclear power plants after realizing they are perfect for the growth in electricity demand that is coming from artificial intelligence (AI) and electric cars. It is curious that environmental groups have opposed nuclear energy for decades despite the fact that it produces nearly zero carbon emissions after construction. Howev ...

Nuclear energy stocks are on fire. Shares of NuScale Power (SMR 1.33%) jumped as much as 54.9% in trading this week, according to data provided by S&P Global Market Intelligence, as the market continues to speculate on future nuclear growth. Shares gave back some of those gains late in the week and are up 37.7% from last Friday's close, as of noon ET. Nuclear energy back in the mainstream Artificial intelligence (AI) has caused a big surge in nuclear energy interest because of the immense energy needs of AI ...

Investment Strategy - Michael Wiggins De Oliveira is an inflection investor, focusing on buying cheap companies when their narrative is changing and profitability is expected to increase significantly over the next year [1] - The investment strategy is concentrated, with a portfolio of approximately 15 to 20 stocks and an average holding period of 18 months [1] - The focus is on tech and "the Great Energy Transition," including uranium [1] Professional Background - Michael has over 10 years of experience analyzing companies, with significant expertise in tech and energy sectors [1] - He has a following of over 40K on Seeking Alpha and leads the investing group Deep Value Returns [1] Deep Value Returns Features - The group provides insights through a concentrated portfolio of value stocks [1] - Offers timely updates on stock picks and a weekly webinar for live advice [1] - Provides "hand-holding" support for both new and experienced investors [1] - Features an active, vibrant, and kind community accessible via chat [1] Affiliation - Seeking FCF is an associate of Michael Wiggins De Oliveira [2]

Amazon's NASDAQ: AMZN latest foray into nuclear energy shows the technology has reached a critical mass. Long known to be a critical component of carbon reduction goals, costs, time constraints, and safety were barriers. Today's difference is Small Modular Reactor technology, which is about to blossom. The name says it all: SMR focuses on smaller, modular reactors that are more accessible, more costefficient to build, and scalable, a win-win for today's big tech companies. Companies like NuScale Power Compa ...

Amazon is making waves in the nuclear energy sector. Shares of NuScale Power (SMR 32.93%), a nuclear energy company that makes small modular reactors (SMRs), were soaring Wednesday on reports that Amazon (AMZN -0.85%) is interested in using that type of reactor to meet the energy needs of its data centers. NuScale surge also seemed to be getting enhanced by a short squeeze, as a significant percentage of the company's stock is sold short. Potentially positive news like this tends to lead to shorts rushing t ...

SMR development could play a pivotal role in an 'all-of-the-above' energy solution to meet robust electricity demand growth Agreement will explore innovative commercial and financing structures to advance a potential project Dominion Energy committed to the credit and risk profile objectives of the recently concluded business review RICHMOND, Va., Oct. 16, 2024 /PRNewswire/ -- Dominion Energy Virginia and Amazon have entered into a Memorandum of Understanding (MOU) to explore innovative new development stru ...