Core Viewpoint - A class action lawsuit has been filed against Fermi Inc. and its executives due to significant stock price drops linked to potential violations of federal securities laws [1][3]. Group 1: Lawsuit Details - The lawsuit asserts securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, as well as claims under Sections 11 and 15 of the Securities Act of 1933 [3]. - Investors have until March 6, 2026, to request to lead the case, which is pending in the U.S. District Court for the Southern District of New York [3]. Group 2: Company Background - Fermi Inc. is an energy and AI infrastructure company aiming to build large-scale nuclear reactors to support grid-independent data centers for AI companies [4]. - The company's flagship project, Project Matador, is designed to provide dedicated power for AI workloads [4]. Group 3: 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]. Group 4: 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].

Core Viewpoint - General Fusion Inc. has entered into a definitive business combination agreement with Spring Valley Acquisition Corp. III, which is expected to lead to General Fusion's listing on Nasdaq under the ticker symbol "GFUZ" [1][2]. Group 1: Proposed Business Combination - The business combination is anticipated to be completed in mid-2026, subject to regulatory and shareholder approvals [2]. - The proposed combination implies a pro-forma equity value of approximately US$1 billion, including US$100 million from committed financing and US$230 million from SVAC's trust capital [2]. - If completed, the net asset value (NAV) of Pender Growth Fund Inc. (PTF) is expected to increase by approximately CAD$27.3 million, translating to about CAD$3.93 per PTF share [2]. Group 2: General Fusion's Technology and Goals - General Fusion has developed a large-scale Magnetized Target Fusion (MTF) demonstration machine, Lawson Machine 26 (LM26), which positions the company at the forefront of fusion technology [3]. - The company plans to use the proceeds from the transaction with SVAC to advance the LM26 program and achieve key technical milestones towards commercial fusion [3]. - General Fusion aims to provide a practical solution for clean and cost-effective energy, anticipating a 40% to 50% increase in energy demands by 2035 according to the International Energy Agency [3]. Group 3: Industry Perspective - The long-term potential of nuclear fusion is viewed as critical for future industrial infrastructure, aligning with investment themes of energy transition and the demands of artificial intelligence and digital infrastructure [4]. - As the energy requirements of the digital economy grow, fusion is expected to become essential infrastructure for energy security and the broader energy transition [5].

Constellation Energy is well positioned to benefit from the rise of artificial intelligence (AI) in the U.S.Nuclear energy stocks were among the energy sector's best-performing stocks in 2025.Oklo, for instance, ended the year with a triple-digit gain, while uranium enricher Centrus Energy and uranium miner Cameco both had blockbuster performances.Even the VanEck Uranium and Nuclear ETF (NLR +2.86%), a nuclear energy exchange-traded fund, ended the year with a 12-month gain of more than 50%.One company that ...

Oklo is undoubtedly one of the buzziest nuclear stocks, but its popularity has opened it up to scrutiny. While uncertainty remains around its path towards commerciality, a recent development could sate some investors' concerns. ...

Core Viewpoint - The nuclear energy sector experienced a surge in stock prices following President Trump's endorsement of nuclear energy as a safe and efficient solution for U.S. manufacturing and AI growth at the 2026 World Economic Forum [1][2]. Market Reaction - Pure-play nuclear and uranium stocks saw immediate gains as investors responded positively to Trump's supportive comments on nuclear power [3]. - Companies such as Oklo, Inc. (NYSE:OKLO), Nano Nuclear Energy, Inc. (NASDAQ:NNE), and NuScale Power Corp. (NYSE:SMR) experienced stock price spikes due to the bullish sentiment surrounding nuclear energy [3]. - Uranium producers like Uranium Energy Corp. (AMEX:UEC) and Cameco Corp. (NYSE:CCJ) also saw significant increases as the administration aimed to strengthen the domestic fuel supply chain [3]. Additional Stocks in the Nuclear Space - Other notable companies in the nuclear sector that were positively impacted include EnCore Energy Corp. (NASDAQ:EU), Ur Energy Inc. (AMEX:URG), Lightbridge Corp. (NASDAQ:LTBR), Nexgen Energy Ltd. (NYSE:NXE), Uranium Royalty Corp. (NASDAQ:UROY), and Terrestrial Energy Inc. (NASDAQ:IMSR) [5].

Oklo's agreement with Meta Platforms to power its data centers is 'one of a few firm, binding partnerships today,' says BofA Securities. ...

Upgrades Summary - Susquehanna upgraded Arm (ARM) to Positive from Neutral with an unchanged price target of $150, citing recent downgrades from competitors and significant underperformance as an "excellent setup" for investors [2] - BNP Paribas upgraded Seagate (STX) to Outperform from Neutral with a price target of $380, expressing greater conviction that "robust" data center storage demand could lead to a longer upcycle than initially expected [2] - Raymond James upgraded Ulta Beauty (ULTA) to Strong Buy from Outperform with a price target increase to $790 from $605, anticipating "outsized growth" in fiscal 2026 following heavy investments [2] - Northcoast upgraded Advance Auto Parts (AAP) to Buy from Neutral with a price target of $55, highlighting "healthy" demand trends and performance improvements into 2026, along with a strategic decision to sell Worldpac and focus on core retail [2] - BofA upgraded Oklo (OKLO) to Buy from Neutral with a price target raised to $127 from $111, following a binding agreement with Meta (META) to develop a phased 1.2 GW advanced nuclear campus [2]

New York, New York--(Newsfile Corp. - January 21, 2026) - Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Fermi Inc. (NASDAQ: FRMI), certain of the Company's senior executives and directors, and underwriters of Fermi's Initial Public Offering after a significant stock drop resulting from potential violations of the federal securities laws. If you invested in Fermi, you are encouraged to obtain additional information by visiting: https://ww ...

Core Insights - Oklo and Meta have formed a partnership to support the development of 1.2 gigawatts of nuclear power in Ohio, highlighting the growing intersection of AI and sustainable energy [1][8] - Over the past year, Oklo's stock has surged by 264%, driven by increasing enthusiasm for nuclear energy stocks amid the AI boom [2] - The AI narrative is shifting towards the need for reliable energy sources, with nuclear power emerging as a key component for data centers [4][5] Industry Trends - Traditional power sources like wind and solar are deemed insufficient for the continuous operation of data centers, making nuclear energy a favorable alternative due to its low-cost and carbon-efficient nature [5] - Major tech companies, including Alphabet, are expanding their capital expenditure budgets to include clean energy solutions alongside technology investments, as seen in Alphabet's acquisition of Intersect for $4.75 billion [6] Company Developments - Meta's roadmap aims to unlock 6.6 gigawatts of clean energy by the middle of the next decade through partnerships with various energy companies, including Oklo [7][8] - Oklo's infrastructure buildout is expected to take place in phases, with the first phase not coming online until 2030 and completion projected by 2034 [9] Investment Considerations - While Oklo's partnership with Meta may seem promising, it is essential to approach the stock with caution due to its pre-revenue status and high capital intensity [10][11] - The current valuation of Oklo's stock is considered unjustifiable, and investors are advised to be wary of speculative trading behavior associated with the stock [11]

Key Takeaways NuScale Power is positioning its SMRs as always-on power solutions for AI-driven data centers.NuScale Power supports ENTRA1 and TVA plans to deploy up to 6 GW of nuclear capacity across U.S. sites.U.S.-Japan policy backing aids SMR, though growth depends on binding PPAs and project progress.NuScale Power (SMR) is benefiting from rising power demand from AI-driven data centers, which is becoming a major tailwind for the company. These Data centers need a lot of power every hour of the day, whic ...