About Nano Nuclear Energy Inc. - common stock (NNE)
Nano Nuclear Energy Inc. is a pioneering company focused on developing advanced nuclear energy solutions, particularly in the realm of small modular reactors and innovative nuclear technologies. The company aims to provide clean, safe, and efficient energy alternatives to meet the growing global demand for sustainable power. By leveraging cutting-edge research and engineering, Nano Nuclear Energy seeks to make nuclear energy more accessible and environmentally friendly, contributing to the transition towards renewable energy sources while ensuring energy security. Read More
Uranium and nuclear-themed ETFs surged on news of Trump's policy backing for the nuclear industry. The top performer was Global X Uranium ETF (URA), up 10%, while other ETFs like North Shore Global Uranium Mining ETF (URNM) and VanEck Uranium+Nuclear Energy ETF (NLR) also saw strong gains. This rally is driven by the potential for increased demand for nuclear power as an alternative to solar and wind energy. ETFs provide diversified exposure and lessen single-stock risk.
Investors and traders are closely monitoring the gap up and gap down stocks in today's session on Friday. Let's explore the market movements and identify the stocks with significant gaps.
Uranium stocks surge Friday morning as investors digested reports that President Donald Trump will sign a series of executive orders aimed at revitalizing the nuclear energy sector.
Amazon.com Inc. Alphabet Inc.'s Google, Meta Platforms Inc. and Dow Inc. have joined a growing coalition of companies pledging support to triple global nuclear capacity by 2050, signaling a significant shift in how tech companies plan to power their energy-intensive operations.
Operating losses widened to $3.92 million compared to $1.35 million in the same quarter a year ago. The company reported an earnings loss of $0.09, which was wider than the expected loss of $0.07, according to FinChat data.
Nano Nuclear founder and chairman Jay Yu said the inclusion will significantly enhance the firm’s visibility and accessibility among capital markets and institutional investors worldwide.
NANO Nuclear’s New York facility will be used to demonstrate the operation and viability of several non-nuclear parts and components of the company’s four nuclear microreactors in development.
Shares of nuclear energy companies, including Nano Nuclear Energy Inc. (NASDAQ: NNE), Oklo Inc. (NYSE: OKLO) and NuScale Power Corporation (NYSE: SMR) are trading lower Monday following the emergence of China's DeepSeek AI model, which has triggered uncertainty across multiple sectors.
