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SMR News7 articles
NuScale Power Stock Tumbles 8.7% After Q1 Loss Deepens, Cash Burn Intensifies
NuScale Power shares dropped 8.7% after hours Thursday after reporting a wider Q1 loss and a 96% revenue decline to $565,000, with cash burn of $314.7 million.
NANO Nuclear Soars on Supermicro Pact for AI Data Center Power
NANO Nuclear Energy shares jumped 24.6% after announcing a non-binding MOU with Super Micro Computer to explore powering AI data centers with microreactors. No final contracts or reactor approvals have been secured yet.
NuScale Power Faces Key Test as Earnings Approach and SMR Competition Intensifies
NuScale Power reports Q1 earnings May 7 as shares close at $12.14. The SMR firm faces pressure to show commercial progress amid rising competition from rivals like X-energy.
Amazon-Backed X-Energy Soars 27% in Nasdaq Debut, Raising $1B for Nuclear Push
X-Energy shares jumped 27% in Nasdaq debut, raising $1.02 billion. The Amazon-backed nuclear developer targets AI power demand with small modular reactors.
Fluor Sells $150M NuScale Stake, Shares Surge on Heavy Volume
Fluor Corporation divested a $150 million stake in NuScale Power, dropping its ownership below 5%. NuScale shares closed up 10.8% on Friday with elevated trading volume.
Oklo Jumps on White House Space Nuclear Push and Board Expansion
Oklo's stock climbed 8.5% to $69.69 following a White House memo accelerating space-reactor programs and a board overhaul adding industry veterans. The rally lifted peers like NuScale and BWX Technologies.
NuScale Volatile on Federal Nuclear Loan Signals, Space Reactor Initiative
NuScale Power shares experienced significant volatility Thursday, surging to $13.23 before retreating to $11.52, following policy developments supporting nuclear energy. The U.S. government signaled potential federal loan backing for initial reactor projects and initiated a space-reactor program.