Nano Nuclear Energy is riding a wave of good news.
News
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X-Energy on Thursday reported its first quarterly earnings as a public company after its stock debut on April 24. XE stock dived to a record low on a wider loss than Q1 a year ago as nuclear stocks continue to cool off.
Shares of NANO Nuclear Energy (NASDAQ:NNE) surged 14% after the company announced the acquisition of Secured Transportation Services LLC, a specialist provider of nuclear logistics and transportation services. Acquisition expands nuclear transportation capabilitiesThe deal adds Secured Transportation Services, a company with more than two decades of experience in transporting nuclear materials, to NANO Nuclear’s growing operations.
Shares of Super Micro Computer (NASDAQ:SMCI) are rallying 18% higher in early Wednesday trading. The AI server maker delivered a sizable earnings beat, raised full-year guidance, and unveiled a forward-looking partnership tied to nuclear power. The stock closed at $27.83 on Tuesday and is now reclaiming ground last seen in early April. The rally pushes ... Super Micro Rockets 18% on Earnings Beat, $12.5 Billion Q4 Guide, Nuclear-Powered AI Vision