Core Viewpoint - A class action lawsuit has been filed against Fermi Inc. and its executives due to significant stock price drops linked to alleged violations of federal securities laws [1][3]. Company Overview - Fermi Inc. is an energy and AI infrastructure company focused on building large-scale nuclear reactors to support grid-independent data centers for AI companies [4]. - The company's flagship project is Project Matador, designed to provide dedicated power for AI workloads [4]. IPO and Allegations - Fermi completed its IPO in October 2025, claiming strong demand for Project Matador and securing a 20-year lease with an investment-grade-rated tenant [5]. - Allegations suggest that Fermi overstated tenant demand and misrepresented the agreement with the First Tenant [6]. Stock Price Impact - On December 12, 2025, Fermi's stock dropped by $5.16 per share, over 33%, following the termination of the Advance in Aid of Construction Agreement by the First Tenant [7].

Industry Overview - The nuclear energy market is experiencing a resurgence due to new decarbonization initiatives and increased demand from sectors like cloud computing and AI, leading to the development of smaller, scalable reactors [2] - Geopolitical conflicts in uranium-rich regions have limited global uranium supply, contributing to rising uranium prices [2] Uranium Price Trends - Uranium's spot price has rebounded to $81.55 per pound by the end of 2025, with projections of reaching $100 in 2026 and $140 in 2027 [3] - The International Atomic Energy Agency (IAEA) forecasts a potential increase in global nuclear capacity by up to 2.5 times between 2024 and 2050 [3] Company Profiles: Cameco - Cameco is the second-largest uranium miner globally, responsible for 17% of the world's uranium production in 2024, and has diversified its operations by acquiring a 49% stake in Global Laser Enrichment [4][5] - In 2023, Cameco partnered with Brookfield Asset Management to acquire a 49% stake in Westinghouse Electric, enhancing its position in the nuclear energy sector [6] - Analysts project Cameco's revenue and earnings per share (EPS) to grow at a CAGR of 9% and 89% respectively from 2024 to 2027, despite its stock trading at 67 times this year's earnings [13] Company Profiles: Centrus Energy - Centrus is one of the few U.S. companies licensed to sell low-enriched uranium (LEU) and is the only publicly listed company producing high-assay low-enriched uranium (HALEU) [8] - After restructuring post-bankruptcy, Centrus has focused on importing LEU and enriching HALEU, with significant growth potential as advanced nuclear reactors are developed [10] - Analysts expect Centrus' revenue and EPS to grow at a CAGR of 7% and 2% respectively from 2024 to 2027, with its stock priced at 77 times this year's earnings [14] Comparative Analysis - Cameco is positioned as a more balanced investment in the nuclear market due to its leading market position, diversification, and lower forward price-to-earnings ratio compared to Centrus [15] - While Centrus has potential for growth, it is heavily reliant on government contracts and the development of next-generation reactors, making Cameco a more favorable long-term investment [16]

Core Insights - Meta Platforms has entered into nuclear power agreements with three providers, including Oklo, to secure carbon-free electricity for its AI infrastructure [1][3] - Oklo's stock rose 8% following the announcement, reflecting investor confidence in its business model [1] - The partnership aims to deliver 6.6 gigawatts of power by 2035, surpassing New Hampshire's total electricity demand [3] Company Developments - Oklo, a small modular reactor developer, went public in 2024 through a SPAC merger and is currently valued at over $600 million [1] - The advanced nuclear technology campus in Pike County, Ohio, is expected to be operational by 2030, marking a significant milestone for Oklo [4] - Oklo's aggressive execution strategy includes leveraging Department of Energy pathways to expedite development and licensing [8] Industry Trends - The announcement aligns with similar nuclear commitments from other tech giants like Amazon and Alphabet, indicating a trend among data center operators to adopt nuclear energy for AI workloads [5] - The nuclear projects are seen as a scalable solution for providing reliable baseload power, which is essential for energy-intensive applications [4] - Oklo's stock has surged over 300% in the past year, driven by investor optimism regarding its multifaceted approach to nuclear energy [9]

Core Viewpoint - NuScale Power experienced a significant decline in its stock price at the end of 2025 but has shown a remarkable recovery in January 2026, driven by renewed interest in nuclear energy and strategic industry developments [1][5]. Group 1: Stock Performance - NuScale Power's shares fell 61% in the last quarter of 2025, with a notable 29.2% drop in December [1]. - The stock plummeted 55% in November due to a substantial third-quarter loss, stock issues, and multiple analyst downgrades [3]. - In January 2026, the stock rebounded with a 41% increase, reflecting a positive shift in market sentiment towards nuclear energy [1][5]. Group 2: Shareholder Actions and Market Reactions - Shareholders approved a significant increase in authorized shares from 332 million to 662 million, allowing the company to raise capital through new share issuance [3]. - Fluor, NuScale's largest shareholder, announced plans to divest its entire stake by the end of Q2 2026, which raised concerns about potential share dilution among investors [4]. Group 3: Industry Developments - Meta Platforms announced nuclear energy deals for up to 6.6 gigawatts of power, indicating a growing interest in nuclear energy, although NuScale was not part of these deals [6][7]. - The scalability of NuScale's VOYGR small modular reactors (SMRs) positions them as a viable option for on-site power generation, even in challenging locations [8]. Group 4: Analyst Ratings - Bank of America analyst upgraded NuScale Power's stock rating from "underperform" to "neutral," while adjusting the price target to $28 per share, which still suggests a nearly 40% upside potential [8].

ASP Isotopes (ASPI) stock soared on Jan. 9 after completing a key acquisition of Renergen Limited, representing a pivotal milestone in the company’s growth trajectory. This strategic combination merges ASPI’s advanced enrichment tech with Renergen’s substantial helium and natural gas production assets, particularly the Virginia Gas Project in South Africa. More News from Barchart Despite this rally, ASPI stock remains down some 45% versus its 52-week high. www.barchart.com Why the Renergen Deal Matte ...

Core Insights - Meta Platforms is strategically developing a dedicated nuclear power campus in Pike County, Ohio, in partnership with Oklo Inc. to secure its own energy supply for AI operations [2][3][6] - The project aims for a power capacity of up to 1.2 gigawatts (GW), which is equivalent to powering approximately 1.08 million homes [2][3] - This move is part of a broader strategy to ensure energy independence and reliability, addressing the increasing power demands of evolving AI technologies [3][4][8] Company Strategy - The partnership with Oklo represents a significant pivot towards vertical integration, allowing Meta to insulate itself from grid instability and price volatility [3][12] - Meta is utilizing a capital-efficient prepayment model to fund the infrastructure without incurring new debt, leveraging its substantial cash reserves of $44.45 billion [11][18] - The company has secured a total energy pipeline of up to 6.6 GW through various partnerships, enhancing its operational reliability and mitigating risks associated with project delays [12][14] Financial Implications - Meta's capital expenditures (CapEx) for Q3 2025 were reported at $19.37 billion, with a full-year forecast between $70 billion and $72 billion, indicating a significant investment in infrastructure [10][11] - The financial structure of the Oklo deal is seen as a long-term investment, positioning Meta for sustained growth independent of public utility constraints [11][17] - By securing baseload power, Meta guarantees 99.99% uptime for its AI products, which is crucial for the deployment of advanced AI systems [8][15] Industry Context - The increasing demand for electricity due to AI advancements poses a challenge for the current U.S. electrical grid, which may face capacity shortages by 2030 [4][13] - Meta's strategy to build a private grid of nuclear assets provides a competitive advantage over companies relying on the public spot market for electricity, which may face rationing and extreme pricing [14][17] - The transition to an AI-first company necessitates a reliable power supply, making Meta's investment in nuclear energy a strategic asset for future growth [16][17]

Core Viewpoint - Oklo's stock experienced a significant decline in late 2025 after a remarkable rally, but has rebounded sharply in early 2026 due to major announcements and partnerships [1][5]. Group 1: Stock Performance - Oklo's stock surged over 700% by mid-October 2025, driven by the Trump administration's support for nuclear energy, but fell 46% from November to December 2025, including a 21.5% drop in December alone [3][1]. - In early 2026, Oklo's stock rebounded nearly 46% within the first two weeks, following significant announcements [5]. Group 2: Factors Contributing to Stock Decline - The announcement of a $1.5 billion at-the-market equity offering in early December raised concerns about potential share dilution, unsettling investors [4]. - Investor sentiment was further impacted when Jim Cramer advised selling Oklo stock on his show, contributing to the profit-taking wave [4]. Group 3: Positive Developments in 2026 - Oklo secured a partnership with Meta Platforms to develop a 1.2-gigawatt power campus in Ohio, which will support Meta's AI data centers, with several billion dollars in funding from Meta [6][7]. - The Department of Energy signed an agreement with Oklo to design, construct, and operate a radioisotope pilot plant, marking a significant milestone for the company [8]. Group 4: Investor Sentiment - Following the announcements of major deals with Meta and the DOE, investors have shown renewed interest in Oklo, leading to a rush to buy the stock [9].

Core Viewpoint - NuScale Power's shares have significantly underperformed, losing 54.4% over the past three months, compared to a 50.6% decline in the Zacks Electronics-Power Generation industry [1][2] Company Performance - The stock has underperformed its industry competitors, with BWX Technologies gaining 2.2%, while GE Vernova and Oklo lost 3.8% and 36.4%, respectively [1] - NuScale Power's underperformance is attributed to execution risks related to its plans for establishing 6 gigawatts (GW) of nuclear capacity and competition from renewable energy sources [2][5] Expansion Plans - NuScale Power is advancing its plan to support up to 6 GW of new nuclear capacity through partnerships with ENTRA1 and the Tennessee Valley Authority (TVA), involving approximately 72 small modular reactor modules [5][6] - The first plant, utilizing 12 modules, is expected to begin delivering power around 2030 [5][8] Execution Risks - The company faces several execution risks, including the need for TVA and ENTRA1 to finalize site selection, complete engineering work, and convert the current term sheet into a binding power purchase agreement (PPA) [6][8] - Discussions are ongoing, but no firm contract has been signed yet, and delays in PPA negotiations could impact revenue timelines [8][9] Competitive Landscape - NuScale Power faces stiff competition in the nuclear energy sector from companies like Oklo, BWX Technologies, and GE Vernova, which are also advancing their own technologies and partnerships [10][11][12] - Recent partnerships in the industry aim to enhance project delivery and supply chain capabilities, further intensifying competition [10][11][12] Financial Outlook - For 2026, the Zacks Consensus Estimate projects a loss of 52 cents per share, which has widened from a previous estimate of 51 cents [13] - NuScale Power's current valuation is significantly higher than the industry average, with a forward price-to-sales (P/S) ratio of 51.69X compared to the industry's 31.27X [16][17] Conclusion - Despite having technology advantages and long-term project announcements, the company faces challenges related to project timelines and substantial upfront investments, raising concerns about growth prospects [18][19]

Core Viewpoint - The article discusses the implications of the "Meta deal" with nuclear companies, questioning whether it represents a significant change in the industry landscape [1]. Group 1: Company Insights - The article highlights the author's experience in managing multi-asset strategies and equity portfolios, focusing on earnings, technological disruption, policy shifts, and capital flows to identify investment opportunities [1]. - The author expresses a beneficial long position in the shares of LEU and META, indicating confidence in these companies' future performance [1]. Group 2: Industry Analysis - The discussion revolves around the potential impact of the Meta deal on the nuclear industry, suggesting that it could be a pivotal moment depending on various factors [1].

Core Viewpoint - Eagle Energy Metals Corp. is advancing its Aurora Uranium Project through a targeted drilling program designed by BBA USA Inc. to support a Pre-Feasibility Study, while also preparing for a planned Nasdaq listing under the ticker symbol "NUCL" [1][3]. Company Overview - Eagle Energy Metals Corp. is a next-generation nuclear energy company with rights to the largest open pit-constrained, measured and indicated uranium deposit in the U.S., located in southeastern Oregon [5]. - The Aurora deposit contains 32.75 million pounds of indicated and 4.98 million pounds of inferred near-surface uranium resources, with significant potential for resource expansion [5]. Drilling Program Objectives - The drilling campaign aims to achieve several critical objectives: 1. Advanced metallurgical testing and process flow sheet design 2. Hydrogeological analysis 3. Geotechnical and rock mechanics analysis 4. Enhancement of mineral resource classification 5. Expansion of mineral resources [2]. Industry Demand - There is a sustained demand for nuclear power, particularly in the U.S., driven by technology companies seeking reliable energy sources for AI and data centers [4]. - Recent agreements between Meta and nuclear energy providers highlight the increasing importance of a secure domestic uranium supply [4]. Strategic Positioning - The engagement with BBA supports Eagle's strategy to position itself as a strategic national asset and a leading domestic supplier of nuclear power, in response to tightening market conditions [3].