NuScale (SMR) Ends 12.7% Lower Ahead of Earnings Outcome

Group 1 - NuScale Power Corp. (NYSE:SMR) experienced a significant decline, losing 12.74% to close at $35.63 on Tuesday, marking its second consecutive day of losses as investors sold off positions ahead of its earnings report [1] - The company is set to release its financial and operational highlights for Q3 after market close on November 6 [2] - NuScale has pledged support to its strategic partner ENTRA1 Energy, which recently secured $25 billion in new deals under a $550 billion US-Japan Framework Agreement [2][3] Group 2 - ENTRA1 Energy's initiative involves developing a fleet of power plants that will utilize baseload energy sources to meet the growing energy demand from AI data centers, manufacturing, and national defense, while also creating thousands of American jobs [3] - The collaboration emphasizes the importance of advanced nuclear energy in supporting the economy, strengthening alliances, and providing reliable energy for critical sectors [4]