The Global X Uranium ETF (URA) has bounced in the past few months as investors predict a renaissance in the nuclear energy industry. After dropping to a low of $22.76 on August 5, the fund has rebounded by over 42%, and is nearing its all-time high of $33.65. Nuclear energy…
NuScale Power (SMR) stock price has gone vertical in the past few days, helped by the ongoing nuclear energy recovery. It has risen in the past six consecutive weeks, reaching a record high of $19.32, giving its market valuation to over $3.40 billion. Other nuclear energy-related stocks have surged. Oklo,…
Energy Fuels (UUUU) stock price has made a strong recovery this month, soaring to a high of $6.8, its highest level since June 3rd, and 61% above its lowest point this year. This surge has brought its market cap to over $1.2 billion. What is Energy Fuels? Energy Fuels is…
Horizon Robotics, a prominent player in the realm of autonomous driving technology, has announced its intention to secure up to $696 million through an initial public offering (IPO) in Hong Kong. This move comes as the city’s capital markets begin to exhibit signs of revitalization following a prolonged period of…
Sherwin-Williams (SHW) stock has been firing on all cylinders for decades, making it one of the best non-tech performers in the United States. It has jumped from about $4.68 in 2000 to almost $400 today. This rally means that $10,000 invested in the company at the turn of the millennium…
Canoo (GOEV) stock price has collapsed, making it one of the worst-performing electric vehicle companies in the EV industry. It has dropped by over 83% this year, bringing its valuation to about $85 million. This is a significant haircut for a company that was once valued at over $4 billion.…
In a groundbreaking initiative, Google is set to enhance its energy portfolio by collaborating with Kairos Power to develop seven small nuclear reactors across the United States. This partnership marks a significant milestone as the first of its kind in the tech industry. The inaugural reactor is anticipated to be…
Tesla, led by Elon Musk, has stirred speculation in the cryptocurrency world by transferring nearly all of its bitcoin holdings—valued at approximately $765 million—to unknown wallets. This action raises questions about whether the electric vehicle manufacturer is planning to sell its bitcoin. On Tuesday, wallets associated with Tesla moved more…
In a landmark ruling, Lufthansa has agreed to pay a $4 million fine stemming from an incident in which over 100 Jewish travelers were barred from boarding a flight in May 2022. This penalty, imposed by the US Department of Transportation (DOT), marks the largest fine ever levied by the…
