Shares of nuclear power company NuScale (NYSESMR) fell 28.5% in the afternoon session as stocks heavily tied to the AI market took a hit after Chinese artificial intelligence startup DeepSeek released a new large language model (DeepSeek-R1) that ranks competitively on key global benchmarks (coding competitions, math evaluation), uses less advanced semiconductor chips, costs significantly less to build (at $5.5 million - excluding non-compute costs), and has already achieved strong adoption after topping the iPhone Play Store for AI apps. 

As demand for infrastructure and energy sources spurs from the development of artificial intelligence data centers, NuScale stock has more upside ahead.

NuScale Power Corporation (NYSESMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced it will host a conference call to review fourth quarter and full year 2024 results on Thursday, February 27, 2025, at 5:00 p.m. ET. Financial results will be released after market close that day.

This little microreactor company still has a lot to prove.

Global economy and financial markets saw a lot of activity in Jan. 24 week. S&P 500 reached record high, several ETFs had double-digit gains.

Shares of nuclear energy companies, including Nano Nuclear Energy Inc. (NASDAQNNE), Oklo Inc. NYSE: OKLONYSEOKLO)(NYSE: SMRNYSESMR are trading lower Monday following the emergence of China's DeepSeek AI model, which has triggered uncertainty across multiple sectors.

Top performers in last week's mid-cap stocks: Oklo Inc., Tempus AI, Himax Tech, Super Group, NuScale Power, WNS Holdings, Guardant Health, Rigetti Computing.

Since its formation in 1913 the US Fed has rarely achieved its reason for being and has instead presided over many crashes.

Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Fluence Energy (NASDAQFLNC) and the best and worst performers in the renewable energy industry.

Wrapping up Q3 earnings, we look at the numbers and key takeaways for the renewable energy stocks, including Nextracker (NASDAQNXT) and its peers.

Here's what's in store for AI for the next 12 months and why the energy sector is set to experience even more exponential growth.

EQNX::TICKER_START (NYSEKULR),NYSE:SMRNYSESMR)(NASDAQ:NNENASDAQNNE,(NYSE:OKLONYSE),(NASDAQ:NVDANVDA) EQNX::TICKER_END

NuScale Power Corporation (NYSESMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, announces that Mr. Alan Boeckmann, a board member since December 3, 2020, will be named Non-Executive Chairman of NuScale Power’s Board of Directors on January 15, 2025. He will replace Mr. Jim Hackett, who has been named Lead Independent Director at Fluor Corporation. With confidence in the quality of NuScale’s management, board (including Alan Boeckmann), and business model, in addition to avoid being deemed over-boarded at NuScale and Fluor, Hackett will depart the NuScale board. Mr. Boeckmann’s prior service as CEO and Chairman at Fluor Corporation coupled with Mr. Hackett’s service as Non-Executive Chairman of NuScale Power since it went public in 2022, provides confidence that the connection between NuScale and Fluor (NuScale’s original sponsor and largest shareholder) will remain strong.

PALM BEACH, Fla., Jan. 14, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The global carbon fiber market has been growing substantially in recent years and is poised to continue in the years to come. The carbon fiber market is driven by the material's advantageous properties and strong demand across diverse sectors. One significant driver is the growing need for lightweight and high-strength materials in the automotive and aerospace industries. Carbon fiber is renowned for its high strength-to-weight ratio, which makes it ideal for manufacturing lighter vehicles and aircraft. This results in increased fuel efficiency and reduced emissions, aligning with global efforts to meet sustainability goals and reduce environmental impact. In aerospace, the use of carbon fiber components contributes to reduced fuel consumption and enhanced aircraft performance, making it highly valued for modern aircraft and spacecraft design. A report from Grand View Research said that the global carbon fiber market size was estimated at USD $5.75 billion in 2024 and is projected to grow at a CAGR of 10.9% from 2025 to 2030. It continued: “This growth can be attributed to the rising use of carbon fiber in wind energy applications, driven by the global shift toward renewable energy. As countries aim to reduce their dependence on fossil fuels, the demand for wind turbines is increasing, and carbon fiber's strength and durability make it ideal for turbine blades. Carbon fiber allows for longer and more efficient blades that capture more wind energy, thus improving the efficiency of wind farms.”   Active companies in news today include:   KULR Technology Group, Inc. (NYSEKULR), NuScale Power Corporation NYSE: SMRNYSESMR)(NASDAQ: NNENASDAQNNE, Oklo Inc. (NYSE: OKLONYSE), NVIDIA Corporation (NASDAQ: NVDANVDA).

NuScale and CleanSpark could shake off the bears over the next few years.

Let’s dig into the relative performance of TPI Composites (NASDAQTPIC) and its peers as we unravel the now-completed Q3 renewable energy earnings season.