Core Viewpoint - Cameco is positioned to benefit from the growing demand for nuclear power and the expected increase in uranium prices due to supply constraints and a shift towards clean energy sources [1][10]. Group 1: Company Overview - Cameco operates in the uranium mining sector, primarily supplying fuel for nuclear power plants and holding a minority stake in Westinghouse, a service provider for the nuclear industry [2]. - The company is seen as a way to invest in the nuclear power sector without direct exposure to the complexities of nuclear energy production [2]. Group 2: Industry Trends - Nuclear power is experiencing a renaissance as it is a clean energy source that does not produce greenhouse gases and can provide base load electricity, complementing intermittent renewable sources like solar and wind [5][6]. - The demand for electricity is projected to increase significantly, with a 55% growth expected in the U.S. from 2020 to 2040, driven by factors such as artificial intelligence, data centers, and electric vehicles [7][8]. Group 3: Supply and Demand Dynamics - Starting in 2030, demand for uranium is expected to outstrip supply, leading to a supply gap due to a slowdown in mine development following the Fukushima disaster in 2011 [10][11]. - The time-consuming and costly nature of building new mines suggests that the supply gap may persist, likely resulting in sustained or rising uranium prices as demand increases [11].

This would be incredibly destructive to America!Michael Thomas (@curious_founder):The US will need ~450 GW of new electricity generation capacity by 2030 to meet rising demand from data centers, reshoring, etc.And the Senate is about to vote on a bill that could wipe out ~500 GW of potential energy generation capacity. https://t.co/BqUDmaKYqQ ...

at Mizuho. Jordan, good morning. Good to see you.>> Good morning Frank. Great to be here. >> So Jordan I'm just looking at the estimates right now. I'm looking at earnings estimates for micron to show 150% year over year growth. And I'm also looking at the valuation.Looks like it's trading at about 15 times forward earnings. I mean that seems like a real steal for that kind of growth. >> Yeah I mean a couple of things going on. I mean there are in the midst of trying to pull out of a memory downturn.And so ...

It's America's largest cement supplier. It's making its market debut today. Amrize.It's a spin-off from the Swiss building materials company, Wholesome. It starts trading here at the NYC. The ticker symbol will be AMRZ.About a $30 billion market cap. And joining us is the uh company CEO. He was the CEO of Pulsim previously, Yan Yanes.Good to have you here. Congrats on the on the spin. All right.One of the challenges always is figuring out who your shareholder base is going to be once you've spun off. you lo ...

former energy secretary, former governor of Texas and newly served executive chair of Nano Nuclear as well, the hottest IPO in the United States in 2024. That, of course, Mr. . Rick Perry.Secretary Perry, governor Perry, thank you very much for joining us. I'll get to nano Nuclear in just one second. What do you think is going to be the ultimate outcome in the Israel-iran situation.>> Well, trying to put your finger on this one at this particular point in time may be a bit of a hat trick, but certainly the ...

The mad rush to build data centers has sparked this massive boom in tax breaks. With legislators across the country doing out billions in sales tax exemptions to attract big tech. While there's no question the tax incentives are luring business, there's a debate over whether it's a fair trade.And for that, we're going to turn to Pippa Stevens at HQ with more. Morning, Pippa. Good morning, Carl.In just the past 5 years, 16 states have handed over almost $6 billion in data center tax breaks, arguing the incen ...

electric utilities at Mizuho. Good morning. Good to see you.>> Hey good morning Frank. >> All right. So is a heat wave necessarily good for utilities.Does that increase profits. Does it increase revenue. What does it do.>> A little of everything. It's definitely really good for utilities because we're spending at record levels. Just to give you some numbers here five years ago I think the sector.So if I just use electric, gas and water utilities spending about $150 billion a year in CapEx. And in 2026, we'r ...

There has never been a $5 trillion company. The closest companies to reaching that milestone are Microsoft (MSFT 0.41%) and Nvidia (NVDA 0.87%). Both companies have market capitalizations of around $3.5 trillion. Using their current growth trajectories as a guide, they could reach that $5 trillion mark in a few years. But which one will get there first?The signs point to Nvidia, based on its impressive growth and the increasing market for its products. Although Nvidia has made investors a boatload of money ...

Key Takeaways NFG approved a 3.9% dividend hike, raising the quarterly payout to 53.5 cents per share. NFG has invested $2.9B in midstream assets since 2010, with $500M more planned through 2030. NFG's shale focus and cost-efficient Exploration and Production operations support profitability and growth.National Fuel Gas Company (NFG) announced that its board of directors has approved a 3.9% increase in its quarterly dividend rate. The new dividend rate will be 53.5 cents per share (compared with the previ ...

AI Infrastructure and Compute Demand - OpenAI recognizes the shift from compute for model training to compute for model usage, highlighting the need for significant infrastructure investment [1][2] - The company is experiencing high demand for its AI services, constrained by available compute resources, and could utilize twice its current capacity to improve product offerings [10] - OpenAI estimates needing $500 billion in compute capacity over the next few years to support growth projections, but is unsure if it could profitably deploy $1 trillion [11] - The company acknowledges a GPU shortage impacting its ability to handle demand surges and launch new features [13][16][17][18] - More compute directly translates to the ability to provide more AI capabilities for various applications [19] Strategic Partnerships and Investments - OpenAI is collaborating with Microsoft for compute resources, but believes the scale of its needs exceeds what any single company can provide [3][6] - The company has partnered with SoftBank for financial support and Oracle for technical expertise in the Stargate project [6] - OpenAI has raised tens of billions of dollars in funding and expresses confidence in its financial sustainability and profitability [12] Technological Advancements and Competition - OpenAI emphasizes the importance of both the infrastructure layer and the top-of-stack (AI models) as its competitive edge [20] - The company acknowledges the existence of other good AI models but highlights that ChatGPT has significantly more users than any other AI service [20] - OpenAI is focused on optimizing all aspects of its AI infrastructure, including chips, energy sources, and algorithms [33] Future Vision and Societal Impact - OpenAI's grand vision is to provide people with tools to enhance their capabilities and creativity [21][22] - The company is particularly excited about the potential of AI for scientific discovery, anticipating significant progress in 2026 [22][23] - OpenAI acknowledges the potential for AI to displace jobs but believes it will also create new opportunities, albeit at a rapid pace [25][26][27][28] - The company aims to make decisions that benefit humanity as a whole, particularly with the advent of humanoid robots [39]