About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...

Trump Media & Technology Group Corp. (NASDAQ:DJT) stock rose on Thursday following a merger announcement centered on nuclear fusion ambitions.The company said it will merge with TAE Technologies in an all-stock deal valued at over $6 billion.Wedbush analyst Dan Ives said the transaction positions the combined company as a potential first publicly traded fusion player.Also Read: Trump Media Fusion Deal: Donald Trump Joins Google, Chevron, Goldman Sachs In High‑Stakes Nuclear Energy PlayIves described the mer ...

Billionaire Elon Musk has reaffirmed his commitment to solar power and criticized nuclear energy amid solar-powered orbital datacenter talks.The Sun Is A Free Fusion Reactor, Says Elon MuskTaking to the social media platform X on Sunday, Musk shared that the Sun was an "enormous, free fusion reactor" whose energy can be harnessed to meet the planet's power consumption needs. "It is super dumb to make tiny fusion reactors on Earth," Musk said.He also said that the Sun would make up to 100% of the Solar Syste ...

Group 1 - NuScale Power's shares dropped by 8.7% amid a broader market decline, with the S&P 500 and Nasdaq Composite losing 0.2% and 0.9% respectively [1] - Google has signed a multibillion-dollar deal with Commonwealth Fusion System (CFS), securing 200 megawatts from CFS's first plant in Virginia by the 2030s [2] - Nuclear fusion technology, unlike fission-based systems, promises significantly more power production without the risks associated with spent nuclear material or meltdowns, making it a potential game-changer in energy production [3] Group 2 - Despite the long-standing belief that fusion technology is a decade away, recent developments suggest it could become a reality in the next decade [3] - Google’s investment in fusion technology indicates a strategic move to hedge its energy needs while also pursuing more immediate solutions [5] - NuScale Power's small modular reactors (SMRs) are positioned as a near-term solution for energy needs, although the company is still in the development phase and faces significant volatility in its stock price [6]