Fermi secures preliminary approval for a low-emissions natural gas plant to meet AI power demands
Power provider said it has received preliminary approval from the Texas Commission on Environmental Quality for the planned 6 gigawatts of natural gas generation that’s part of its “Project Matador” t...
Trump’s “impossible trinity” on AI and energy
Everyone loves a good trilemma. In economics, the most famous of the genre was developed by Fleming and Mundell, which posits that you can only successfully achieve two of the following three objectiv...
Exxon Mobil slides after reporting Q3 earnings
slid in early trading Friday after reporting lower-than-expected Q3 revenue on weak oil prices, even as it boosted production. The largest US energy company by revenue reported: Q3 revenue of $85.3 bi...
OpenAI appears to be definitively answering its doubters’ biggest question
The AI boom is power constrained. It’s chip constrained. But it will not be capital constrained. That’s the top takeaway from media reports from The Wall Street Journal and Reuters that OpenAI is plot...
Bloom Energy soars amid parade of post-earnings target hikes
Better-than-expected earnings after the close yesterday kicked off a giant rally in shares, as results from the AI energy and momentum play received a mixture of excitement and skepticism — there wer...
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Applied Digital has “more near-term catalysts than the market expects,” says Needham
is up in early trading as Needham & Co. analyst John Todaro bangs the table on the Nvidia-backed data center upstart’s ability to secure energy to expand its operations. In a note to clients, the anal...
Bloom Energy blossoms after reporting Q3 numbers
Fuel-cell-based power provider — which has seen its market value soar by more than $20 billion thanks to a 1,000% run over the last year — reported better-than-expected numbers Tuesday after the close...
Cameco soars on partnership with US government and Brookfield to deploy new nuclear reactors stateside
Shares of are surging in premarket trading after the Canada-based uranium company announced that it and Brookfield Asset Management have signed a binding term sheet with the US government to build nu...
Fermi rises after announcing nuclear deal with South Korean firms ahead of Trump visit
rose in early trading after it announced a nuclear deal with South Korean industrial firms Doosan Enerbility and Hyundai Engineering & Construction ahead of President Trump’s visit to the country this...
Data center and AI energy stocks rise as Trump administration reportedly pushes for data centers to access power faster
The Trump administration is urging regulators to speed up the approval process that allows for data centers to connect to the power grid, per a Bloomberg report published late Thursday evening. Citing...
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Oklo, nuke stocks battered amid speculative stock and momentum unwind
Amid a broader unwind of momentum trades, stocks tied to the nuclear-powered AI trade — , , and among them — are taking a particularly hard beating. JPMorgan strategist Arun Jain estimates that retai...
GE Vernova rises as backlog expands, despite earnings miss
, a maker of turbines used in power generation systems and a cornerstone of the AI power trade, posted better-than-expected Q3 sales and growing order backlogs Wednesday, helping to send its shares hi...
Data center frenzy taxes natural resources, sparks anger around the globe
The race to build ever-larger power-hungry data centers isn’t limited to the US. In Ireland, more than 20% (!!!) of the country’s electricity is consumed by data centers. In Mexico, poor communities n...
Bloom Energy rises after analyst updates
Fuel-cell-based power provider jumped Monday after analysts at Bank of America and RBC Capital published somewhat contradictory commentary on the shares. In its note, BofA said the company’s “ new Br...
ABAT sinks after the US Department of Energy terminates its grant for lithium facility
is in a hole early on Thursday, currently trading 20% lower than yesterday’s close price, after the company revealed in an SEC filing that the US Department of Energy has terminated its $57.7 million ...
Bloom Energy, Rocket Lab, and Oklo all notch records as momentum stocks romp
Momentum stocks rallied on Wednesday, with fuel-cell-based power provider and other stocks popular among retail traders notching record highs. The was handily outperforming plain vanilla indexes in ...
Oklo surges amid heavy activity in call options expiring today
The most valuable pre-revenues company listed in the US , nuclear energy company , is up double digits on Friday amid heavy call options demand. Call volumes of 74,230 have already outstripped the 10-...
Plug Power’s ascent continues as the AI boom may finally be what makes its business profitable
has the most interesting stock chart on the planet . It has the most interesting stock chart on the planet because it’s enjoyed several runs as a meme stock, but the ability to dream on the hydrogen f...
Plug Power soars as HC Wainwright boosts price target to $7, highest on Wall Street, spurring record call buying
is going haywire after HC Wainwright analyst Amit Dayal boosted his price target on the green hydrogen company to $7 from $3, making him the most bullish analyst on Wall Street. Dayal suggested rising...
Bloom Energy falls as Mizuho downgrades the stock to “neutral” from “outperform”
There’s an immense need for power to fuel the AI data centers playing the starring role in driving up electricity prices . Mizuho just isn’t sure that the high-flying fuel cell company is well placed...