Uranium prices reached an all-time high of US$96 per pound in August due to utilities paying more for long-term contracts amid thinning fuel coverage. This price surge reflects growing demand as 39 countries pledge to triple nuclear capacity by 2050, but supply constraints and long mine development times pose challenges. The US government may boost demand with plans to buy domestic uranium starting 2030. Exploration companies in Canada and Botswana are actively seeking new uranium deposits to meet future needs, but whether new mines can come online in time remains uncertain.
Uranium prices recently hit record highs amid concerns over supply shortages. For readers following market activity, here is Pluang's snapshot as of Oct 16, 2026 19:41 WIB: Out of 150 priced US stocks tradable on Pluang, 100 rose and 44 fell today. Notable movers include ASE Technology Holding Co Ltd (ASX) at USD 41.11 with a 1-day change of -1.86% and 85% sell order activity, United Microelectronics Corp (UMC) at USD 20.54 with a 1-day change of -1.82% and 64% buy order activity, and Apple Inc (AAPL) at USD 348.20 with a 1-day change of +1.81% and 67% sell order activity.
Nasdaq announced that trading in CN Healthy Food Tech Group Corp.'s common stock and warrants will resume on October 19, 2026, after being halted since October 1, 2025. The resumption marks the end of a year-long trading suspension, allowing investor...
David Solomon, CEO of Goldman Sachs, has been appointed as the new chair of The Business Council, taking over from Brian Cornell, Executive Chair of Target Corporation. This leadership change comes at a critical time as the Council addresses challeng...
SEDA Experts LLC has appointed Noor Ul Islam as Managing Director, enhancing its capabilities in risk management and securities practices. With nearly 30 years of experience at major financial institutions like Citibank and Barclays, Islam brings dee...
The global pharmaceutical market is projected to grow from USD 1.88 trillion in 2026 to USD 3.22 trillion by 2035, expanding at a CAGR of 6.15%. Growth is fueled by advances in biologics, AI-driven drug discovery, specialty drugs, and manufacturing i...
The Out of Home Advertising Association of America (OAAA) held the 84th Annual OBIE Awards in New York City, celebrating the best creative campaigns in out of home (OOH) advertising. Paramount was inducted into the OBIE Hall of Fame for its longstand...
