U.S. stocks plunged Tuesday as President Donald Trump‘s tariffs on key trade partners came into effect, prompting retaliatory measures and intensifying global trade tensions.
NuScale Power Corporation (NYSESMR), the industry-leading provider of proprietary and innovative advanced small modular reactor (SMR) nuclear technology, today announced results for the fourth quarter and full year ended December 31, 2024.
Stocks fell broadly on Monday to start the month of March with all three major indices red in midday trading. Investors digested a decline in February's ISM Manufacturing PMI data which fell to 50.3%, down from 50.9% in January.
Stocks recovered on Friday, with all three major indexes in the green, as the tech sector bounced back from Thursday's losses with NVIDIA Corp. (NASDAQNVDA) up 1.37% and Tesla, Inc. NASDAQ:TSLANASDAQTSLA)
NuScale Power Corporation (NYSESMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced it has rescheduled its previously announced earnings conference call. The company will now host a conference call to review fourth quarter and full year 2024 results on Monday, March 3, 2025, at 6:00 p.m. ET, following the filing of our 10K.
NuScale Power Corporation (NYSESMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced that its management is scheduled to participate in several upcoming institutional investor conferences. Attendance at these conferences is by invitation only for clients of each respective firm. Interested investors should contact their respective sales representative to register and, for one-on-one and group meetings, secure a time.
January saw Trump kick off things with a bang. The White House has issued 44 executive orders so far, with the economic and financial implications still being examined. So, what can we monitor on the economic front?
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.
