USSTOCK.TODAY
After-Market
Log in Sign up

Nuclear industry draws attention due to Big Tech power demand: differences between contract-winning and development-stage companies

The Motley Fool +1 · ·by G4L

CCJ Cameco Corp
$75.37 +5.71%
View chart & analysis →
BWXT BWXT +7.09%LEU LEU +12.18%
  1. 1Big Tech companies are turning to nuclear power companies to meet electricity demand.
  2. 2BWX announced a contract size of over $1.4 billion related to the US Navy's nuclear propulsion program.
  3. 3Oklo recorded a stock price decline of approximately 80% over the past 12 months.

So what's the key point?

Big Tech companies are looking for nuclear power companies to get electricity. BWX signed a contract worth more than $1.4 billion, but Oklo's stock price fell by about 80%.

Source The Motley Fool +1 · View original ↗

Related 3-line summaries

Centrus Energy shares fall 26% in October following announcement of Westmoreland Holdings acquisition The Motley Fool +1 · yesterdayBWX Technologies continues growth with $953 million in Q3 revenue The Motley Fool +1 · yesterdayCentrus Energy reports surge in Q3 GAAP earnings and reaches $7 billion total backlog Earnings Whispers +1 · 2d ago
Today's 5 AI picks, all free
Nothing hidden: past picks and how they did against the S&P 500.
See today's picks →
← Back to news