Shares of NuScale Power, Oklo, and Centrus Energy dropped 5-6% amid broader weakness in nuclear and uranium stocks, as seen in the 3% decline of the Global X Uranium ETF. The selloff reflects investor concerns over high financing costs and long development timelines for advanced nuclear projects, despite growing electricity demand from AI data centers. NuScale's minimal current revenue and large share sale program have added pressure, while Oklo posted a net loss despite its first meaningful revenue quarter. Centrus Energy, with steady revenue from nuclear fuel services, also saw stock declines due to overall sector sentiment. Investors are cautious as higher interest rates make long-term nuclear projects less attractive, though the sector's long-term potential remains tied to low-carbon energy needs and expanding nuclear supply chains.
Nuclear energy stocks like Oklo, Constellation Energy, and NuScale Power fell sharply due to concerns over AI-related capital expenditure and a spike in long-term Treasury yields to a 19-year high. AI companies reported lower-than-expected revenue fo...
NuScale Power's stock fell 6% following a 99.1% plunge in Q2 2026 revenue to $75,000 due to completion of a major engineering contract and no immediate replacement work. The company raised $984.5 million in equity in H1 2026 and plans an additional $...
In Q2 2026, billionaires Stanley Druckenmiller, George Soros, and David Einhorn made contrasting moves on Fluor, a Texas-based engineering and construction company. Druckenmiller initiated a new position, Einhorn trimmed his stake slightly, and Soros...
