November delivered a major correction to the advanced nuclear energy sector, with high-profile small modular reactor (SMR) and microreactor companies seeing massive stock price declines. SMR stock is tanking. See the real-time price action here. Industry leaders Oklo Inc. (NYSE:OKLO) , NuScale Power Corp. (NYSE:SMR) and Nano Nuclear Energy Inc. (NASDAQ:NNE) have seen their valuations cut dramatically, shedding more than a third of their value in a matter of weeks.Read Next: Nvidia Sell Signal? 3 Market Lege ...

We hosted an expert call on US power market this week. The expert forecasts around 80GW of incremental peak demand in US by 2030, driven by the rise of AI data centers. This would drive overall power demand growth acceleration to >2.5% CAGR towards 2030, vs. c1% in the past decade. However, the US power system seems unready for such power demand upcycle. The grid is under pressure, as the firm generation reserve margin dropped below 15% in 2024, and has kept trending down. Generation and grid investment app ...

Core Insights - GE Vernova's shares increased by over 6% following the announcement of its first wind repower upgrade contract outside the U.S., indicating positive investor sentiment towards the company's efforts in the wind power sector [1] - The company has experienced a significant turnaround from its previous struggles, particularly in the gas turbine business, as the demand for renewable energy, including wind power, has grown [2][3] - Despite a loss in the wind segment, GE Vernova's power segment generated $1.9 billion in EBITDA in the first nine months, with electrification contributing $929 million [3] Company Performance - GE Vernova's total organic orders decreased by 10% in the first nine months compared to the previous year, with equipment orders down 21%, highlighting the need for the company to secure new contracts [5] - The recent contract with Taiwan Power Company, involving 25 repower upgrade kits and a five-year service agreement, is seen as a crucial step towards revitalizing the wind power business [1][5] Market Context - The shift in market dynamics, driven by the increasing demand for power to support AI data centers, has reversed the previous decline in the gas turbine business, positioning GE Vernova favorably in the current energy landscape [3][7] - With 57,000 wind turbines installed globally, GE Vernova has significant opportunities to expand its market presence, particularly following the recent contract win [5][7]

Arm plans to start incorporating Nvidia's NVLink technology into chip designs for AI data centers https://t.co/0R7ag7Ly2n ...

November 16, 2025 08:44 PM GMT Sieyuan Electric | Asia Pacific Overseas Growth To Take Off | What's Changed | | | | --- | --- | --- | | Sieyuan Electric Co.Ltd. (002028.SZ) | From | To | | Price Target | Rmb128.80 | Rmb192.30 | We see Sieyuan accelerating market gains overseas, amid the global transformer supply tightness, incremental demand from AIDC, a proven operational track record in the overseas high-end market, and its leading R&D capability. We raise PT by 49.3% to Rmb192.3, implying 2026 PEG 1.0x. ...

Core Viewpoint - Fluor, a Texas-based construction and engineering company, has experienced significant stock volatility in 2025, but its strategic focus on nuclear power is attracting renewed investor interest [1][2]. Company Performance - Fluor's stock has fluctuated dramatically, with a 40% decline in April, a 20% gain in July, and a subsequent 20% drop in August, leading to a current year-to-date loss of 7% [2]. - The company has a market capitalization of $7 billion, making it the smallest among six Construction & Engineering stocks in the SPDR S&P MidCap 400 ETF Trust, and it remains the only one with a negative performance for the year [3]. - Fluor's stock is approximately 55% below its all-time high of $102 from 2008 and about 20% below its 52-week high of $57.50 reached in late July [4]. Financial Results - Fluor missed revenue estimates for the eighth consecutive quarter, reporting a 17% decline in revenue to $3.3 billion, significantly below the average estimate of $4.2 billion [5]. - Adjusted earnings per share increased by 33% to $0.68, surpassing analysts' expectations of $0.45 [5]. - The company secured $3.3 billion in new contracts in Q3, raising its backlog to $28.2 billion, with 82% of this backlog being reimbursable contracts [6]. Strategic Moves - Fluor plans to monetize its remaining 39% stake in NuScale, a company specializing in small modular reactors, which has seen its stock rise over 600% in the past two years due to increased demand for nuclear energy [7]. - After selling a 15 million-share block of NuScale for $605 million, Fluor aims to liquidate the rest of its stake by the end of Q2 2026, expecting to raise $800 million by February to support a stock-buyback program [8][9]. Market Outlook - Analysts have mixed ratings on Fluor, with five recommending a buy and five suggesting a hold, and an average 12-month price target of $51, indicating a potential upside of about 12% from the current price [13]. - The company is projected to achieve earnings growth of approximately 7% and an 8% increase in revenue for the full year 2026 [13]. - Fluor's forward price-to-earnings ratio of 22x places it in the top quintile of its historical range, indicating a higher valuation compared to 80% of the past decade [12].

AI data centers are driving an energy crunch. Some warn the U.S. grid can’t keep up. Scott Strazik, CEO of GE Vernova, says his company can deliver. He explains how.🎧 Listen to the latest Bold Names podcast: https://t.co/XmPWnZFknT https://t.co/g1nUz4r6uJ ...

Investment Strategy & Focus - I Squared Capital manages over $50 billion in assets and has completed $5 billion in deals recently [1] - The firm is investing in AI data centers, exemplified by a project with Google involving a 400 megawatt data center in Illinois with 90% carbon capture [2][3] - I Squared Capital is providing debt to fund data centers in Texas and investing $800 million in battery construction in Indiana to support data center power needs [4] - The company focuses on "singles and doubles" rather than "home runs," indicating a preference for lower-risk, long-term infrastructure investments [8][11] Risk Assessment & Market Perspective - The firm is cautious about allocating tens of billions to data centers without a fundamental understanding of contracts and technological changes [6] - There is uncertainty regarding the AI consumption model and the potential dominance of companies like Google or Open AI, leading to higher risk [7] - The risk-return profile of investing directly in tech company stocks like Nvidia is currently more attractive than investing in some data center subsectors [10] US Industrial Policy - The new US industrial policy is changing long-term investment approaches, with the government directly investing in companies [13] - This policy involves investments in areas like lithium batteries and rare earth elements [13]

Company Strategy - Bitfarms plans to wind down Bitcoin mining operations [1] - Bitfarms is pivoting to AI data centers [1] Market Trend - Industry observes a potential mining exodus to AI [1] Financial Performance - Bitfarms stock plunges 18% following the announcement [1]

Funding & Expansion - Firmus has secured $327 million to expedite the development of AI data centers across Australia [1]