Market Overview - Stock futures are modestly higher following the December nonfarm payrolls report and ahead of a Supreme Court decision on President Trump's tariff policy [1] - Major indexes have shown resilience early in 2026 after a strong finish to 2025, but gains have faced headwinds due to cooling tech momentum and uncertainty around labor data affecting Federal Reserve policy expectations [1] Sector Performance - Defensive sectors such as energy and mining have demonstrated relative strength, while value-oriented and cyclical areas are gaining attention amid market rotation [2] - Safe-haven assets like gold have seen increased demand as risk sentiment fluctuates [2] Pre-Market Trading - In pre-market trading, S&P 500 futures rose by 0.33%, Nasdaq futures increased by 0.42%, and Dow futures were up by 0.32% [2] Company Movements - Oklo (OKLO) is up 18% after announcing an agreement with Meta Platforms (META) to develop a 1.2 GW power campus in Pike County, Ohio [5] - Vistra (VST) increased by 17% after entering into 20-year purchase power agreements to provide over 2,600 megawatts of zero-carbon energy from three nuclear plants for Meta's operations [5] - Intel (INTC) rose by 2% following President Trump's positive remarks about a meeting with CEO Lip-Bu Tan [5] - Offerpad Solutions (OPAD) surged by 48%, LoanDepot (LDI) increased by 16%, Opendoor Technologies (OPEN) rose by 11%, Rocket Companies (RKT) was up by 6%, and UWM Holdings (UWMC) also increased by 6% [5] - Conversely, Aquestive Therapeutics (AQST) fell by 37% after the FDA identified deficiencies in its Anaphylm NDA, while AXT Inc. (AXTI) dropped by 14% after cutting its Q4 revenue outlook [5]

Core Insights - NANO Nuclear Energy Inc. is participating in Needham's 28th Annual Growth Conference on January 13, 2026, in New York, showcasing its advancements in clean energy solutions [1][2] Company Overview - NANO Nuclear Energy Inc. is a North American advanced technology-driven nuclear energy company aiming to be a commercially focused, diversified, and vertically integrated entity across five business lines: portable microreactor technologies, nuclear fuel fabrication, nuclear fuel transportation, nuclear applications for space, and nuclear industry consulting services [3] Product Development - The company is developing several advanced reactor products, including the KRONOS MMR Energy System, a high-temperature gas-cooled reactor, the portable solid core battery reactor "ZEUS," and the portable LOKI MMR for space applications, all representing significant advancements in clean energy solutions [4] Subsidiaries and Operations - Advanced Fuel Transportation Inc. (AFT), a subsidiary, aims to build a North American transportation company for HALEU fuel, with exclusive licensing of a patented high-capacity HALEU fuel transportation basket developed by U.S. national laboratories [5] - HALEU Energy Fuel Inc. (HEF) is focused on developing a domestic source for a HALEU fuel fabrication pipeline for NANO Nuclear's microreactors and the broader advanced nuclear reactor industry [6] - NANO Nuclear Space Inc. (NNS) is exploring commercial applications of micronuclear reactor technology in space, focusing on systems like the LOKI MMR for extraterrestrial projects and propulsion technology for long-haul space missions [7]

Industry Overview - U.S. electricity demand is projected to grow at a compound annual growth rate (CAGR) of 2.5% over the next decade, which is five times faster than the previous decade [2] - The energy sector is transitioning from a commodity to a strategic asset, with companies owning durable energy assets and infrastructure positioned to benefit from this growing demand [2] Company Analysis: Enterprise Products Partners - Enterprise Products Partners operates over 50,000 miles of pipelines and earns a steady, fee-based income, making it less susceptible to commodity price fluctuations [4][5] - The company has a market capitalization of $69 billion and offers a dividend yield of 6.78%, appealing to income-seeking investors [5] - Enterprise Products is expanding with $5.1 billion in capital projects, including processing plants and export terminals, positioning itself for growth amid surging global energy demand [6] Company Analysis: EQT - EQT focuses on the exploration and production of natural gas, which is increasingly favored due to its cleaner-burning properties compared to coal [7][9] - The company has a market capitalization of $33 billion and a gross margin of 40.73%, with a dividend yield of 1.22% [8][9] - EQT is well-positioned to benefit from the global shift towards natural gas, especially as the U.S. expands its capacity as the world's largest exporter of natural gas [10] Company Analysis: Cameco - Cameco is involved in uranium mining and provides nuclear-related infrastructure, holding significant stakes in high-grade uranium mines [11][13] - The company has a market capitalization of $46 billion and a gross margin of 26.65%, with a dividend yield of 0.16% [12][13] - Cameco's partnership with Westinghouse Electric, which recently secured an $80 billion agreement with the U.S. government for reactor construction, positions it favorably within the growing nuclear energy sector [14][15]

Core Insights - Meta has signed agreements with three nuclear energy companies, making it one of the top buyers of nuclear energy in the U.S. [2] - The agreements aim to support the development of advanced nuclear technologies and enhance the energy infrastructure necessary for AI data centers [3][4] Group 1: Agreements and Partnerships - Meta's agreements with Vistra, TerraPower, and Oklo, along with a previous agreement with Constellation Energy, position the company as a significant player in the nuclear energy market [2] - The partnership with TerraPower will fund the development of two Natrium reactors and energy storage systems, providing Meta with energy rights from up to six additional Natrium units [3] - The agreement with Oklo supports the establishment of a new nuclear technology campus in Ohio and the development of several Aurora Powerhouse reactors [4] Group 2: Energy Supply and Infrastructure - Meta's agreement with Vistra involves purchasing energy from two operating nuclear power plants in Ohio and one in Pennsylvania, ensuring long-term support and investment in these facilities [5] - This commitment from Meta provides Vistra with the certainty needed to invest in existing plants and communities, facilitating new nuclear generation for the grid [6] - The growing demand for electricity from data centers, driven by the AI boom, has led to increased interest from Wall Street investment firms in acquiring utilities [7]

Core Insights - TerraPower, a next-generation nuclear company backed by Bill Gates, has announced a partnership with Meta to construct up to eight small modular reactors in the United States [1] Company Summary - TerraPower is focused on advancing nuclear technology and aims to enhance energy production through innovative reactor designs [1] - The collaboration with Meta signifies a strategic move to leverage technological advancements in energy solutions [1] Industry Summary - The small modular reactor market is gaining traction as a viable solution for sustainable energy, reflecting a growing interest in nuclear power as a clean energy source [1] - Partnerships between technology companies and energy firms are becoming increasingly common, indicating a trend towards integrated solutions in the energy sector [1]

Group 1 - Centrus Energy (NYSE: LEU) has seen its stock nearly quadruple over the past 12 months due to growing demand for nuclear power, new partnerships, contract extensions, and ambitious expansion plans [1] - Centrus Energy is one of the few U.S. companies licensed to sell low-enriched uranium (LEU) and the only publicly listed company producing high-assay low-enriched uranium (HALEU) for advanced nuclear reactors, positioning it well for the nuclear energy market's expansion [3] - The company previously enriched its own LEU but shut down its U.S. plants in 2013, leading to a significant revenue decline from $1.86 billion in 2012 to $514 million in 2014, exacerbated by the Fukushima disaster and falling uranium prices [5][4] Group 2 - After shutting down its domestic plants, Centrus became a middleman, purchasing LEU from overseas and reselling it to domestic utility companies under medium- to long-term contracts, generating predictable recurring revenues [6] - Centrus is currently enriching its own HALEU for small-scale government contracts, which could become a significant growth engine as more utility companies build advanced nuclear reactors [7] - The stock has experienced significant growth as the nuclear energy market recovers, but its rich valuations may limit upside potential in the future [8]

Key Points A Bank of America analyst upgraded NuScle Power stock. The analyst's new price target implies upside of more than 42% from yesterday's closing price. Consistently incurring net losses, NuScale Power should only be an investment consideration for those who aren't averse to high-risk investments. 10 stocks we like better than NuScale Power › Closing 15% higher on Monday from where it ended on last Friday's market session, NuScale Power (NYSE: SMR) stock started this week with a bang. Th ...

The shares of Oklo Inc (NYSE:OKLO) and Vistra Corp (NYSE:VST) are surging this morning, after both nuclear energy companies announced a 20-year deal with Meta Platforms (META) to provide power for its hyperscaler data center campus in Ohio.OKLO was last seen up 14.5% to trade at $111.79, eyeing its best single-day percentage pop since Oct. 13. The equity earlier hit its highest level since November, with its 200-day moving average stepping up as support to start the year. Over the last nine months, Oklo sto ...

Core Insights - Several nuclear energy stocks experienced significant gains due to new agreements with Meta Platforms [1][3] Group 1: Agreements and Partnerships - Meta Platforms has reached agreements with nuclear energy provider Vistra Corp, startup Oklo, and TerraPower, backed by Bill Gates [2] - The Vistra deal will supply power from its currently operating reactors, while Oklo and TerraPower will assist in building smaller nuclear reactors expected to be operational between 2030 and 2035 [2] Group 2: Power Capacity and Financial Impact - Meta anticipates adding 6.6 gigawatts of power capacity to its data center network by 2035, although financial terms of the agreements were not disclosed [3] - Shares of Vistra and Oklo surged nearly 14% following the announcement, with other nuclear stocks like NuScale Power, Constellation Energy, and Nano Nuclear Energy also seeing gains [3] Group 3: Industry Implications - The agreements reflect a trend among Big Tech companies to secure clean energy sources to meet the high power demands of AI data centers, which can increase local electricity costs [4] - Analysts from Wedbush noted that this development is incrementally positive for the nuclear energy industry, emphasizing the commitment from major tech firms to leverage new energy sources [5]

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...