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Live Updates Live Coverage Has Ended Goldman Bullish on Nuclear Stocks 12:05 pm by Gerelyn Terzo Goldman Sachs is bullish on two nuclear stocks – Cameco (NYSE: CCJ) and NuScale Power (NYSE: SMR) – saying they are poised to benefit from the Trump administration’s friendly regulation. Both stocks have rallied by double-digit percentages in recent days. President Trump is determined to bolster domestic uranium production, send advanced reactors to military and energy sites, and tighten the window for new reactor license approvals to 18 months, a process that traditionally is infamous for being extremely lengthy. The markets are holding their gains, including a 2.1% advance in the Nasdaq Composite. Consumer Confidence Soars 10:35 am by Gerelyn Terzo Consumer Confidence surged in May, hitting 98 – a significant 12.3-point jump from April. This robust reading defied economists’ predictions of 86, despite ongoing tariff concerns. The markets are widening their lead,
Live Updates Live Coverage Has Ended Wall Street Endorses Nuclear Stocks 12:10 pm by Gerelyn Terzo Goldman Sachs has issued a bullish report on a pair of nuclear stocks – Cameco (NYSE: CCJ) and NuScale Power (NYSE: SMR) – pointing to regulatory tailwinds from the Trump administration. Both stocks have risen by double-digit percentages since President Trump issued an executive order last week. The president is determined to bolster domestic uranium production, send advanced reactors to military and energy sites, and shorten the wait for new reactor license approvals to one and a half years, a process that historically is known for moving at a snail’s pace. Business Orders Soften 10:30 am by Gerelyn Terzo Durable goods orders posted a 6.3% decline last month, a softer drop than economists had predicted. However, this dip follows four consecutive months of increases, painting a mixed picture for business spending amid ongoing tariff discussions. A significant drag on the overall
Nuclear stocks erupted higher last Friday after President Donald Trump signed new executive orders aimed at hastening the development of nuclear energy sites. The orders contain decrees to reduce the licensing approval process to 18 months and allow new construction on federal land.
Cameco saw its IBD SmartSelect Composite Rating jump to 97 Tuesday, up from 94 the day before.
Nuclear stocks of all stripes hopped higher in unison on Tuesday. As of 10:40 a.m.
After President Donald Trump signed an executive order on nuclear energy, investment strategist Shay Boloor outlined a roadmap for capitalizing on what he called the “energy rails of the Fourth Industrial Revolution.”
The nuclear industry is expected to benefit from a budget bill approved in the House on Thursday. The legislation, referred to by Trump as his “one big beautiful bill” and heavily opposed by Democrats, includes provisions that would reduce spending on Medicaid by nearly $700 billion and reduce spending for a national food assistance program, among others.
Cameco Corporation. (NYSE:CCJ ) Bank of America Global Metals, Mining and Steel Conference May 13, 2025 10:30 AM ET Company Participants Grant Isaac - Executive Vice-President and Chief Financial Officer Conference Call Participants Unidentified Analyst So just in terms of the format, we've got a slightly funny format here.
The Trump administration is looking to fast-track the deployment of nuclear reactors in the U.S. The move comes as the sentiment around nuclear power shifts, and countries worldwide commit to ramping up their nuclear energy production.
SASKATOON, Saskatchewan--(BUSINESS WIRE)---- $CCJ #cameco--Cameco (TSX: CCO; NYSE: CCJ) has announced the election of ten board members at its annual meeting held on May 9, 2025. Shareholders elected board members Daniel Camus, Tammy Cook-Searson, Catherine Gignac, Tim Gitzel, Marie Inkster, Kathryn Jackson, Don Kayne, Peter Kukielski, Dominique Minière and Leontine van Leeuwen-Atkins. Voting Results for Cameco Directors Nominee Votes For % Votes For Against % Votes Against Catherine Gignac 70,619,061 97.18% 2,.