Group 1: Trump Media and TAE Technologies Merger - Trump Media is merging with TAE Technologies, a nuclear fusion power company based in California, which will be co-managed by both the nuclear and media teams [1] - The merger has positively impacted Trump Media's stock, leading to a significant increase, marking its best performance in nearly two years [1] Group 2: Nuclear Industry Insights - The capital from the merger will be directed towards developing a fusion power future, distinguishing it from fission companies [2] - There is a growing belief in a nuclear renaissance, with a long-term approach involving four phases: maintaining existing nuclear capacity, restarting previously shut down plants, increasing capacity at current facilities, and expanding electricity capacity by 2030-2035 [4][5][6] - The nuclear sector is expected to be a critical resource for electricity markets in the next decade, with investments in viable and cost-effective technologies being essential [7] Group 3: BP's Leadership Change - BP has appointed Mega O'Neal as its new CEO, marking the first female CEO in the company's history and the fourth CEO in six years [7] - BP is undergoing a strategic shift after previous missteps in its corporate strategy, particularly regarding its focus on renewables [8][9] - The energy demand is projected to continue rising, presenting opportunities across various energy sectors if the company can realign its strategy effectively [10]

Core Insights - Nuclear power is emerging as a significant investment trend in 2025, with the VanEck Uranium and Nuclear ETF (NYSEARCA: NLR) showing a year-to-date increase of nearly 50% and a total increase of almost 150% over the past five years [1]. Industry Overview - The nuclear power sector is gaining traction among investors, indicating a growing interest in sustainable energy sources and potential long-term growth opportunities [1].

Core Viewpoint - EDF has provided estimates for nuclear power generation in France for the next three years, indicating stable production levels with slight variations expected in 2028 due to uncertainties in demand and reactor modulation [1][2]. Group 1: Nuclear Generation Estimates - The estimated nuclear power generation in France for 2026 and 2027 is projected to remain between 350-370 TWh [1]. - For 2028, the nuclear generation estimate is between 345-375 TWh, reflecting increased uncertainties [1]. - The estimates are based on a substantial maintenance program, including the completion of fourth ten-year inspections for 900 MW reactors and the initiation of inspections for 1,300 MW reactors in 2026 [2]. Group 2: EDF Overview - EDF is a key player in the energy transition, involved in all aspects of the energy business, including power generation, distribution, trading, and energy services [3]. - The company is a world leader in low-carbon energy, with an output of 520 TWh, 94% of which is decarbonized, and a carbon intensity of 30 gCO2/kWh projected for 2024 [3]. - EDF serves approximately 41.5 million customers and reported consolidated sales of €118.7 billion in 2024 [3].

Core Viewpoint - The nuclear energy sector is experiencing a significant resurgence, driven by rising electricity demand, energy security concerns, and climate goals, leading to increased investment and supportive government policies [2][3][5]. Industry Overview - Nuclear energy is being re-embraced as a reliable, carbon-free power source, with around 65 reactors currently under construction worldwide [4]. - Governments have committed to tripling global nuclear capacity by 2050, with estimates suggesting that capacity could reach 1,428 GWe, exceeding the target of 1,200 GWe [5]. - The U.S. is focusing on nuclear independence to enhance national security and reduce reliance on foreign nuclear fuel supplies, involving significant legislative actions and public-private investments [6]. Company Highlights Cameco Corp. (CCJ) - Cameco is one of the largest global uranium providers, with a licensed capacity to produce over 30 million pounds of uranium concentrates annually and 457 million pounds of proven and probable mineral reserves [10]. - The company has entered a strategic partnership with the U.S. Government, which includes an investment of at least $80 billion to accelerate nuclear reactor technology deployment [11]. - The Zacks Consensus Estimate projects a 96% year-over-year growth in fiscal 2025 earnings and a 55% growth for fiscal 2026, with the stock gaining 26.7% in the past six months [13]. Uranium Energy (UEC) - Uranium Energy is advancing low-cost in-situ recovery (ISR) uranium mining projects, transitioning from developer to producer with the restart of the Christensen Ranch ISR mine [14][15]. - The acquisition of Rio Tinto's Sweetwater Complex added approximately 175 million pounds of historic resources, increasing its total licensed annual production capacity to 12.1 million pounds, the largest in the U.S. [16]. - The Zacks Consensus Estimate for fiscal 2025 indicates a loss of 10 cents per share, a narrower loss than the previous year, with the stock gaining 84.6% in the past six months [18]. Centrus Energy (LEU) - Centrus Energy supplies nuclear fuel components and is the only licensed producer of High-Assay, Low-Enriched Uranium (HALEU) in the Western world, which offers improved efficiency and lower waste [20]. - The company plans to expand its uranium enrichment plant in Piketon, OH, contingent on securing funding from the U.S. Department of Energy [21]. - The Zacks Consensus Estimate for Centrus Energy's 2025 earnings indicates a 2.46% year-over-year growth, with shares gaining 37.1% in the past six months [24]. Conclusion - The nuclear energy sector is poised for steady, policy-backed expansion, with Cameco, Uranium Energy, and Centrus Energy providing diversified exposure across uranium mining, fuel services, and advanced enrichment technologies [25].

Group 1 - Oklo Inc. (NYSE:OKLO) is involved in designing advanced fission power plants and developing nuclear fuel recycling technology [2] - Jim Cramer advises selling Oklo stock, indicating that the favorable conditions for investing in nuclear stocks have ended [2] - Cramer suggests that there are better investment opportunities in AI stocks, which may offer greater upside potential and less downside risk compared to Oklo [2] Group 2 - Cramer expresses skepticism about the future of nuclear energy in the U.S., stating that a revolution in this sector is unlikely to occur [1] - The company has been associated with stock price fluctuations that seem to respond to Cramer's public commentary [1]

STOCKPILED PLUTONIUM FROM THE COLD WAR ERA. THE COMPANY SAYS IT COULD HELP TURN THAT INTO SURPLUS PLUTONIUM, INTO NEW FUEL FOR ITS NEW REACTORS. JOINING US NOW TO DISCUSS IS OKLO CEO, JACOB DEWITT.SO YOU GOT TO EXPLAIN THIS TO US, JAKE. WE HEAR PLUTONIUM FROM THE COLD WAR AND WONDER, IS THAT A GOOD THING. IS THAT SAFE.>> IT'S GREAT. THAT'S ONE OF THE THINGS WE DEMONSTRATED AND SHOWED IS YOU CAN DO IT VERY SAFELY. WHAT'S REALLY IMPORTANT ABOUT IT IS THIS IS A HUGE OPPORTUNITY TO FUEL REACTORS, BASICALLY TO B ...

Joining us now to discuss is Oaklo CEO Jacob Dwit. So you got to explain this to us, Jake. We hear plutonium from the Cold War and wonder is that a good thing.Is that safe. >> It's great. That's one of the things we demonstrated and showed is you can do it very safely.Um what's really important about it is this is a huge opportunity to fuel reactors basically to build them sooner and faster. Um, one of the big challenges I think as we've looked down the path over the next few years about how quickly we can ...

Core Insights - The International Energy Agency's (IEA) World Energy Outlook (WEO) indicates a global resurgence of nuclear power, with significant growth projected in the coming years [2][12]. Nuclear Capacity Growth - Over 40 countries are incorporating nuclear power into their energy strategies, with 31 countries committing to triple their nuclear capacity by 2050 [3][11]. - More than 70 gigawatts (GW) of new nuclear capacity is currently under construction, with approximately half of this capacity being developed in China, marking one of the highest levels of activity in three decades [4][11]. - The IEA forecasts a minimum increase of one-third in nuclear capacity by 2035, a notable shift after 25 years of relatively flat operable nuclear reactors globally [5][11]. Small Modular Reactors (SMRs) - The IEA reports that technology companies have expressed interest in developing 30 GW of SMRs, primarily for data centers, with over 120 SMRs currently under development worldwide [6][11]. - GE Vernova is constructing the first SMR in North America, with four units of the GE Vernova Hitachi BWRX-300 being built at the Darlington site, on schedule and within budget [7][11]. - The Tennessee Valley Authority (TVA) has received a $400 million grant for its Clinch River project, which will utilize the BWRX-300 technology [8]. Investment Opportunities - The WEO suggests that nuclear power could be a valuable addition to investment portfolios, given the multi-year growth outlook [9][12]. - The Range Nuclear Renaissance Index (NUKZX) offers diversified exposure to nuclear energy across various categories, minimizing exposure to the historically volatile uranium mining sector [10].

Core Insights - The article emphasizes the importance of evaluating potential equities in the power and energy industries for long-term investment opportunities [1] Group 1: Investment Strategy - The focus is on investing in income-producing equities and rental real estate properties to generate cash flow and achieve long-term appreciation [1] Group 2: Professional Background - The author is a Licensed Professional Engineer with a decade of experience in the Nuclear Power industry, which provides a strong foundation for analyzing investment opportunities [1]

Group 1 - The article emphasizes the importance of a long-term perspective for growth stock investors, suggesting that opportunities often lie in a decades-long time horizon [1] - Several start-ups are highlighted as potential investment opportunities, despite their inherent risks and lack of immediate profitability [2] Group 2 - Oklo is a nuclear start-up focused on designing compact, fast neutron reactors intended for use near data centers, with partnerships already established with major companies like Equinix and Vertiv [4] - The growth potential for Oklo is driven by increasing electricity demands from artificial intelligence and the need for clean energy solutions, particularly through its Aurora reactor design [5] - Joby Aviation aims to create an air taxi network using electric vertical takeoff and landing (eVTOL) aircraft, targeting a new urban mobility market projected to be worth $1 trillion by 2040 [9][10] - Joby Aviation faces regulatory challenges, particularly in demonstrating the safety and reliability of its aircraft to the Federal Aviation Administration [10]