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Cramer's Lightning Round: Datadog is a 'dynamite company'
  + stars: | 2024-03-18 | by ( Julie Coleman | ) www.cnbc.com   time to read: +1 min
Stock Chart Icon Stock chart icon Marvell Technology's year-to-date stock performance. Stock Chart Icon Stock chart icon Datadog's year-to-date stock performance. Stock Chart Icon Stock chart icon Altimmune's year-to-date stock performance. Stock Chart Icon Stock chart icon Lantheus' year-to-date stock performance. Stock Chart Icon Stock chart icon SoFi's year-to-date stock performance.
Persons: Marvell, Centrus, it's, Eli Lilly, Lantheus, they've, Jim Cramer's Organizations: Marvell Technology, Centrus, GE
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLightning Round: I am too on the fence when it comes to On Running, says Jim Cramer'Mad Money' host Jim Cramer weighs in on stock including: Marvell Technology, Datadog, Centrus Energy, Altimmune, Lantheus, SoFi and On Running.
Persons: Jim Cramer Organizations: Marvell Technology, Datadog, Centrus Energy
REUTERS/Thomas Mukoya Acquire Licensing RightsDUBAI, Dec 4 (Reuters) - Bill Gates' advanced nuclear reactor company TerraPower LLC and the United Arab Emirates’ state owned nuclear company ENEC said on Monday they have agreed to study the potential development of advanced reactors in the UAE and abroad. “For the UAE, we're looking for a future for the clean electrons and molecules that will be brought to reality by advanced reactors,” said Mohamed Al Hammadi, CEO of ENEC, during the signing ceremony. "Bringing advanced nuclear technologies to market is critical to meeting global decarbonization targets," said TerraPower President and CEO Chris Levesque. The UAE currently has one traditional nuclear power plant, near Abu Dhabi, which began producing electricity in 2020. The MOU between TerraPower and the UAE said they would explore uses for advanced nuclear reactors such storing power on the grid and providing the energy needed to produce hydrogen, and decarbonize coal, steel and aluminum plants.
Persons: Bill Gates, Thomas Mukoya, ENEC, , Mohamed Al Hammadi, Chris Levesque, TerraPower, Richard Valdmanis, Kim Coghill Organizations: Microsoft, United Nations, Change, United Arab Emirates, REUTERS, Rights, TerraPower, United, UAE, The UAE, Thomson Locations: Dubai, United Arab, UAE, Abu Dhabi, U.S ., Wyoming, TerraPower, Russia, TerraPower's Wyoming, Ukraine, United States
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUranium enrichment development could put U.S. back in nuclear energy game: Centrus CEO Dan PonemanHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
Persons: Dan Poneman, Brian Sullivan, Organizations: CNBC
PIKETON, Ohio (AP) — Uranium enrichment is getting underway this week at a facility in southern Ohio, a federally authorized demonstration project considered critical to produce the type of fuel needed for newer, more efficient nuclear reactors. That form of uranium contains far more of the isotope U-235 than is typically found in current nuclear reactor fuel. The 3,800-acre (1,500 hectare) site was where uranium had been enriched until 2001 at the Portsmouth Gaseous Diffusion Plant. Poneman said the U.S. has since become the world's biggest importer of enriched uranium. Cleanup and decontamination of the Portsmouth plant are continuing.
Persons: Daniel Poneman, Poneman, Centrus Organizations: Centrus Energy Corp, Columbus Dispatch Locations: PIKETON, Ohio, Bethesda , Maryland, Piketon, Columbus, U.S, Portsmouth
Cramer's Lightning Round: Walk away from AT&T
  + stars: | 2023-07-24 | by ( Julie Coleman | ) www.cnbc.com   time to read: +2 min
Stock Chart Icon Stock chart icon Seres Therapeutics' year-to-date stock performance. Stock Chart Icon Stock chart icon AT&T's year-to-date stock performance. Stock Chart Icon Stock chart icon Centrus Energy's year-to-date stock performance. Stock Chart Icon Stock chart icon Enovix's year-to-date stock performance. Stock Chart Icon Stock chart icon Verizon's year-to-date stock performance.
Persons: it's, Centrus, I've, that's, It's Organizations: Therapeutics, Seres Therapeutics, Centrus, Verizon, Mobile, Schlumberger Locations: Southern, Haliburton, SLB
Lightning Round: Walk away from AT&T, says Jim Cramer
  + stars: | 2023-07-24 | by ( Jim Cramer | ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLightning Round: Walk away from AT&T, says Jim Cramer'Mad Money' host Jim Cramer weighs in on stocks including: Seres Therapeutics, AT&T, Centrus Energy, Genius Sports, Enovix, Verizon and SLB.
Persons: Jim Cramer Organizations: Seres Therapeutics, Centrus Energy, Genius, Verizon
WASHINGTON, March 1 (Reuters) - Dow Inc (DOW.N) and private company X-energy said on Wednesday they have agreed to develop and demonstrate the first grid-scale next-generation nuclear reactor for an industrial site in North America. The X-energy Xe-100 plant featuring four high-temperature, gas-cooled reactors is set to be built at one of Dow's sites on the U.S. Gulf Coast. Backers of next-generation nuclear reactors, including the Biden administration, say the technology is crucial to fight climate change. The X-energy plant will provide a Dow facility with process heat and power to make products. Dow, a chemicals company, makes a wide variety of products including polyethylene used in packaging, paints, and foams.
In his latest documentary "Nuclear Now," Stone argues for the use of nuclear energy as an environmentally friendly alternative to fossil fuels. "We had the solution [nuclear power] … and the environmental movement, to be honest, just derailed it. For investors, the film adds to growing interest in nuclear power as a fossil fuel alternative beyond renewables. These funds invest in a variety of stocks tied to nuclear power throughout the value chain. Other global nuclear energy ETFs such as Sprott Uranium Miners (URNM) and the VanEck Uranium+Nuclear Energy (NLR) have gained more than 13% and 4% in 2023, respectively.
The fuel, called high assay low enriched uranium, or HALEU, is enriched up to 20%, much above the up to 5% level today's reactors use. "TerraPower is anticipating a minimum of a two-year delay to being able to bring the Natrium reactor into operation," he said. The Department of Energy (DOE) is looking to downblend some of its stockpile of weapons-grade uranium to help provide fuel for the reactor projects. Levesque said TerraPower will provide a schedule update next year when it knows more about HALEU supply including the availability of DOE material for downblending. Only one company outside Russia, U.S.-based Centrus Energy Corp (LEU.A) is licensed to produce the fuel but it is years away from making commercial amounts.
The Strategas Republican portfolio contains a number of energy companies including Cheniere, Centrus Energy , Enterprise Products and ConocoPhillips. The Republican portfolio contains Regeneron , up 7.5% since the end of September, and Bristol-Myers Squibb, up 10.8% in that same period. Clifton said the Republican portfolio bottomed out around Sept. 7, and in October it pulled ahead. "There's more confidence the Republican House gains are going to be quite large," he said. "If the consensus is wrong and the Democrats keep the Senate, the sector that will have the most upside is the clean energy sector," he said.
Register now for FREE unlimited access to Reuters.com RegisterThe energy crisis triggered by the war in Ukraine has renewed interest in nuclear power. But without a reliable source of the high assay low enriched uranium (HALEU) the reactors need, developers worry they won't receive orders for their plants. But only TENEX, which is part of Russian state-owned nuclear energy company Rosatom, sells HALEU commercially at the moment. And this chicken and egg conundrum is complicating the smooth development of HALEU supply. "A reliable HALEU supply is one of many factors under consideration," the company said in an emailed statement.
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