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☆ Earnings will drive the market next week — what we expect from 2 portfolio stocks
▼ + stars: | 2024-05-04 | by ( Zev Fima | ) www.cnbc.com time to read: +10 min

With the Fed, Apple earnings and the jobs report passing with flying colors this week, the runway to more gains looks a lot less cluttered. This past week was chock full of Club earnings: 12 portfolio companies, including Apple , delivered results. Analysts expect Wynn's earnings per share of $1.27 versus 29 cents a year ago when China was not fully back from Covid. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jerome Powell, we're, Jim Cramer, Jim, Apple, Eli Lilly, Estee Lauder, Stanley Black, Decker, Bausch, FactSet, It's, Bob Iger, Iger, Nelson Peltz, We're, Krystal, Berkshire Hathaway, Tyson, Jones Lang, Walt, Ferrari N.V, WK Kellogg, Wynn, Vishay, CRON, MARA, RICK, Ginkgo, Jim Cramer's, David Paul Morris Organizations: Federal Reserve, Apple, GE Healthcare, DuPont, Linde, Bausch Health, Coterra Energy, Club, Disney, Wynn Resorts, CNBC, Revenue, Vegas Sands, Cotai, Boston, Airlines, Krystal Biotech, Alpha Metallurgical Resources, Axsome Therapeutics, Tyson Foods, TSN, Bowlero Corp, CNA Financial Corp, CNA, Jones Lang LaSalle Incorporated, Technologies, Realty Income Corp, Lab, Teradata Corp, Technology, FMC Corporation, FMC, Paymentus Holdings, Shockwave, Vertex Pharmaceuticals, Goodyear Tire & Rubber Company, Simon Property Group, Sterling Construction Company, Apple Hospitality, Boise Cascade Corporation, BellRing Brands, Coty, COTY, Fidelity National Information Services Inc, Vornado Realty, Walt Disney Co, Holdings, Madrigal Pharmaceuticals, Nikola Corporation, BP, Rockwell Automation, MarketAxess Holdings, Jumia Technologies, GEO Group, Builders FirstSource Inc, Duke Energy Corp, WYNN, Rivian Automotive, Arista Networks, Occidental Petroleum Corp, Astera Labs, Bros, Flywire Corporation, B2Gold Corp, Kinross Gold Corp, Virgin Galactic Holdings, iRobot Corp, Electronic Arts Inc, McKesson Corp, ACM Research, Avadel Pharmaceuticals, Toyota Motor Corp, Emerson Electric Co, Perion, Editas, Brink's Company, Sinclair Corporation, New Fortress Energy, Starwood Property Trust, Animal Health, ELAN, Farms, IM Cannabis Corp, Fox Corporation, Formula One, Icahn Enterprises, Teva Pharmaceutical Industries, Arm Holdings plc, ARM, AMC Entertainment Holdings, Trade, AppLovin Corporation, Sciences Corp, SolarEdge Technologies, Roblox Corporation, GigaCloud Technology Inc, Warner Bros ., Properties Trust, Growers, Constellation Energy Group, Cronos, Fiverr, Solar Inc, EPAM Systems, Cedar Fair Entertainment, Digital Holdings, RCI Hospitality Holdings, Akamai Technologies, Semiconductor, Insulet Corp, NuScale Power Corporation, Ginkgo Bioworks Holdings, Bloom Energy Corporation, Construction, AMC Networks, CRH Public Ltd . Company, Jim Cramer's Charitable, Allen, Co . Media, Technology Conference, Bloomberg, Getty Locations: China, Eaton, Amazon, Covid, Macao, Vegas, Sun Valley , Idaho

☆ Lightning Round: Nuscale Power, Movado Group and more
▼ + stars: | 2024-04-25 | 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: Nuscale Power, Movado Group and more'Mad Money' host Jim Cramer weighs in on stock including: Movado Group, Gigacloud Tech and Nuscale Power.

Persons: Jim Cramer Organizations: Movado, Gigacloud Tech, Nuscale

☆ Cramer's Lighting Round: Don't buy NuScale Power
▼ + stars: | 2024-04-25 | by ( Julie Coleman | ) www.cnbc.com time to read: 1 min

Stock Chart Icon Stock chart icon Movado Group's year-to-date stock performance. Stock Chart Icon Stock chart icon GigaCloud Technology's year-to-date stock performance. GigaCloud Technology : "It's an ecommerce play that I just don't know enough about...I've got to do work on that one." Stock Chart Icon Stock chart icon NuScale Power's year-to-date stock performance. NuScale Power : "Just go buy GEV...I don't want you to lose any money."

Persons: Movado, GigaCloud, I've, NuScale Organizations: Movado, GigaCloud

☆ Lightning Round: Exxon Mobil, Marathon, Nuscale
▼ + stars: | 2024-04-17 | 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: Exxon Mobil, Marathon, Nuscale'Mad Money' host Jim Cramer weighs in on stock including: Exxon Mobil, Marathon and Nuscale.

Persons: Nuscale, Jim Cramer Organizations: Exxon Mobil, Marathon Locations: Marathon

☆ Cramer's Lightning Round: Instead of Marathon Digital, buy Ethereum or Bitcoin
▼ + stars: | 2024-04-17 | by ( Julie Coleman | ) www.cnbc.com time to read: 1 min

Stock Chart Icon Stock chart icon Exxon Mobil's year-to-date stock performance. We don't like parabolic moves, that's a very good example." Stock Chart Icon Stock chart icon Marathon Digital's year-to-date stock performance. Marathon Digital : "If you want to own Marathon Digital, just go buy either Ethereum or buy Bitcoin, ok. Let's not fool around." Stock Chart Icon Stock chart icon NuScale Power's year-to-date stock performance.

Persons: NuScale Organizations: Exxon, Exxon Mobil Locations: Eaton

☆ The US, Russia and China are in a race to dominate new-wave nuclear energy — and win global influence
▼ + stars: | 2024-02-01 | by ( Angela Dewan | Ella Nilsen | ) edition.cnn.com time to read: +12 min

Russia's floating nuclear power plant, Akademik Lomonosov, leaving the service base Rosatomflot on August 23, 2019. For some experts, nuclear energy — in all forms, large or small — has an important role to play in that transition. Globally, the construction of conventional nuclear power plants dipped following the Chernobyl meltdown in 1986. Russia has already built or designed nuclear plants — the traditional type — for China, India, Bangladesh, Turkey, Slovakia, Egypt and Iran. “It certainly dampens the excitement abroad,” said John Parsons, a senior lecturer at MIT and a financial economist focused on nuclear energy.

Persons: Akademik Lomonosov, Biden, Lomonosov, Maxim Shemetov, “ There’s, ”, Josh Freed, China —, Vladimir Putin’s, Bill Gates ’, Luo Yunfei, Kirsten Cutler, they’re, Cutler, ” Cutler, They’re, John Parsons, John Kerry, Thomas Mukoya, Way’s Freed, “, ” Parsons, Mohammed Hamdaoui, ” Hamdaoui, “ It’s Organizations: CNN, Reuters, European Union, International Energy Agency, Energy, World Nuclear, IEA, US, SMR, US Export, Import Bank, International Development Finance Corporation, GE Hitachi Nuclear Energy, China, Changjiang, China News Service, Nuclear Energy, US State Department, “, MIT, InfluenceMap, The State Department, Nuclear Regulatory Commission, NRC, Rystad Energy Locations: Alaska, Russian, Russia, China, European, Japan, India, South Korea, Europe, Dubai, America, Poland, North Carolina, Southeast Asia, Bangladesh, Turkey, Slovakia, Egypt, Iran, Lomonosov, Siberia, Russia’s, Washington, Bill Gates ’ TerraPower, Wyoming, Changjiang Li Autonomous County, Hainan province, United States, Oregon, Idaho, United Arab Emirates

☆ Here are Monday's biggest analyst calls: Nvidia, Netflix, Apple, Micron, Hershey, Dollar Tree, Qualcomm & more
▼ + stars: | 2024-01-29 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

JPMorgan upgrades Dollar Tree to overweight from neutral JPMorgan said in its upgrade of the stock that it's a "self-help" story. Bernstein upgrades Hershey to outperform from market perform Bernstein said in its upgrade of the chocolate maker that market share trends are improving. " Goldman Sachs reiterates Nvidia & Micron as buys Goldman said it's standing by shares of Nvidia and Micron. Bank of America upgrades ZoomInfo to buy from neutral Bank of America said the software company is a "self-help" story. Bernstein reiterates Qualcomm as outperform Bernstein said it's bullish heading into Qualcomm earnings later this week.

Persons: Wells, Jefferies, it's, Evercore, Bernstein, Hershey, Goldman Sachs, Goldman, Raymond James, Sherwin, Williams, Morgan Stanley, William Blair, Morgan Stanley downgrades Brown, Forman Organizations: UBS, Amazon, Amazon Web Services, Citi, Air, Deutsche Bank, TFI, Deutsche, JPMorgan, Warner Brothers Discovery, Microsoft, Meta, YouTube, Nvidia, Micron, MU, Netflix, Barclays, Apple, Colgate, Palmolive, " Bank of America, of America, Beam Therapeutics, Bank of America, Builders, Devices, AMD, Qualcomm Locations: Norfolk Southern, Atlanta

Steam feeding into the Unit 3 turbine generator of the Vogtle nuclear power plant in Waynesboro, Ga. “The United States is now committed to trying to accelerate the deployment of nuclear energy,” John Kerry, President Biden’s climate envoy, said in September. One recent Pew survey found that 57 percent of Americans favor more nuclear plants, up from 43 percent in 2016. A NuScale engineer gave a tour of a control room simulator, modeling the company’s plans for new nuclear reactors, in 2013. “The demand for clean energy is almost unprecedented,” said Maria Korsnick, president of the Nuclear Energy Institute, an industry group.

Persons: Biden, ” John Kerry, Biden’s, “, ”, Jacopo Buongiorno, Jimmy Carter, Rosalyn Carter, Bruce Springsteen, Dan Reicher, Gavin Newsom, Reicher, Clinton, Jeffrey Collins, Arnie Gundersen, John Williams, “ It’s, Patty Durand, Julie Kozeracki, Kendrick Brinson, Jay Wileman, Bill Gates, Dow, Roger Blomquist, NuScale Power, Jose Reyes, Adam Stein, it’s, they’re, Ahmed Abdulla, Robert Taylor, Leah Nash, NuScale, David Schlissel, Joshua Freed, didn’t, Maria Korsnick Organizations: Unit, Republicans, Nuclear Regulatory Commission, Massachusetts Institute of Technology, Associated Press, Madison, Natural Resources Defense, California Gov, Democrat, Associated, Fairewinds Associates, Components, Workers, Georgia, Southern Company, Georgia Power, Georgia Public Service Commission, Energy Department, The New York Times, GE, Hitachi Nuclear Energy, Vogtle . Ontario, Tennessee Valley Authority, Argonne, National Laboratory, Energy, Nuclear Regulatory, NuScale, ”, Breakthrough Institute, Carleton University, Soaring, Institute for Energy Economics, United, Nuclear Energy Institute Locations: U.S, Waynesboro, Ga, Savannah, Georgia, United States, ”, Pennsylvania, Texas, Virginia, Jenkinsville, Vogtle, South Carolina, South, Canada, Tennessee, Argonne, Chicago, Idaho, Wyoming, California, Alaska, Maryland, Pueblo County, Colo

WASHINGTON (AP) — A project to build a first-of-a-kind small modular nuclear reactor power plant was terminated Wednesday, another blow to the Biden administration's clean energy agenda following cancellations last week of two major offshore wind projects. Oregon-based NuScale Power has the only small modular nuclear reactor design certified for use in the United States. “We absolutely need advanced nuclear energy technology to meet (the Biden administration’s) ambitious clean energy goals,'' spokeswoman Charisma Troiano said. In 2020, the Trump administration approved up to $1.4 billion for the project, known as the Carbon Free Power Project. Most prospective subscribers were unwilling to take on the risks associated with developing a first-of-a-kind nuclear project, the Utah group said.

Persons: Joe Biden's, Biden, Charisma Troiano, “, Timothy Fox, Fox, Trump, Obama, John Hopkins, NuScale, Ken Cook, ” Cook, ___ McDermott Organizations: WASHINGTON, Biden, Idaho National Laboratory, Energy Department, DOE, ClearView Energy Partners, The Energy Department, Energy Department's, Energy Department's Idaho National Laboratory, Carbon, Power, Congress, Utah Associated Municipal Power Systems, Nuclear Energy Institute, Environmental, U.S . Nuclear Regulatory Commission, AP Locations: Oregon, United States, Utah, Idaho, New Jersey, U.S, Washington, Idaho Falls , Idaho, Energy Department's Idaho, California, Providence , Rhode Island

Nov 8 (Reuters) - NuScale Power (SMR.N) said on Wednesday it has agreed with a power group in Utah to terminate the company's small modular reactor project, dealing a blow to U.S. ambitions for a wave of nuclear energy to fight climate change and sending NuScale's shares down 20%. In 2020, the Department of Energy approved $1.35 billion over 10 years for the plant, known as the Carbon Free Power Project, subject to congressional appropriations. NuScale's Utah plant was expected to be the first SMR to win a license from the U.S. Nuclear Regulatory Commission for construction. An Energy Department spokesperson said it was unfortunate news, but added, "We believe the work accomplished to date on CFPP will be valuable for future nuclear energy projects. So far, only NuScale's SMR design has been approved by the NRC.

Persons: NuScale, John Hopkins, Critics, Biden, Manas Mishra, Timothy Gardner, Shounak Dasgupta, Krishna Chandra Eluri, Leslie Adler Organizations: Department of Energy, Carbon, Power, Utah Associated Municipal Power Systems, SMR, U.S . Nuclear Regulatory Commission, Energy Department, DOE, NRC, Thomson Locations: Utah, Romania, Kazakhstan, Poland, Ukraine, NuScale's Utah, U.S, Bengaluru, Washington

A developer of small nuclear reactors announced on Wednesday that it was canceling a project that had been widely expected to usher in a new wave of power plants. NuScale Power, a company in Portland, Ore., said it lacked enough subscribers to advance the Carbon-Free Power Project, which had been expected to deliver six of the company’s 77-megawatt reactors. The Carbon-Free Power Project was the result of an agreement between NuScale and Utah Associated Municipal Power Systems, which supplies electricity to public power providers in seven Western states, including California. “This decision is very disappointing given the years of pioneering hard work,” said Mason Baker, chief executive of Utah Associated Municipal Power Systems. “We are working closely with NuScale and the U.S. Department of Energy on next steps to wind the project down.”

Persons: NuScale, ”, Mason Baker Organizations: Power, Utah Associated Municipal Power Systems, U.S . Department of Energy Locations: Portland ,, Idaho, NuScale, Utah, California

Uranium stone is seen at a news conference of Macusani Yellowcake and Plateau Energy in Lima, Peru July 16, 2018. Investors in uranium have sharply outperformed investors in clean energy and oil & gas majorsThe significance of that change extends well beyond Finland's power market, which gets over a third of its electricity from nuclear plants. The Global X Uranium ETF , the world's largest ETF exposed to the uranium space, is up 31% year-to-date, while Canada's first uranium ETF, the Horizons Global Uranium Index ETF (HURA.TO), is up over 45%, LSEG data shows. However, even with the broad new backing for nuclear, it is far from certain that a significant increase in nuclear power output will actually materialise. In addition, the cost of building new nuclear plants has sky-rocketed in recent years.

Persons: Macusani, Mariana Bazo, NuScale, Gavin Maguire, Sonali Paul Organizations: Plateau Energy, REUTERS, Finland's Green Party, Green Party, Green, Finland Green Party, World Nuclear Association, Uranium, CME, France's EDF, EDF, Institute for Energy Economics, Reuters, Thomson Locations: Lima , Peru, LITTLETON , Colorado, Spain, Belgium, Sweden, Germany, Kazakhstan, Uzbekistan, Russia, Niger, China, Europe, United States, England, U.S

Summary U.S. regulators are ready to review and license the next generation of nuclear reactors while staying committed to safety, the Nuclear Regulatory Commission (NRC) says. The NRC is under pressure to show it can move fast on a new generation of nuclear technology, including small modular reactors (SMRs) and other previously untested designs, as many in the industry call for deep reforms at the regulator. NuScale’s VOYGR 50-MW SMR power plant became the first SMR design certified by the NRC in January. Earlier this month, the NRC accepted NuScale's uprated VOYGR-6 plant design for a Standard Design Approval (SDA) application. “We are yielding timelier and more cost-effective reviews without compromising on safety,” Taylor says.

Persons: ”, Judi Greenwald, “, Steven Arndt, NRC Robert Taylor, NuScale’s VOYGR, ” Taylor, “ We're, Taylor, Kairos, they're, it's, –, bro, Allison Macfarlane, Macfarlane skewered, ” Macfarlane Organizations: Nuclear Regulatory Commission, NRC, Nuclear Innovation Alliance, Department of Energy, DOE, American Nuclear Society, New Reactors, ” Tech bros, Institute of Art, Thomson Locations: United States

☆ Lightning Round: I've given up on Plug Power, too many disappointments and too many strikes
▼ + stars: | 2023-06-09 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLightning Round: I've given up on Plug Power, too many disappointments and too many strikes'Mad Money' host Jim Cramer weighs in on stocks including: Plug Power, Nuscale Power, Lyondell, Novocure, Eaton, Reality Income, Owens Corning and Symbotic.

Persons: Jim Cramer, Owens Corning Locations: Novocure, Eaton, Symbotic

☆ Cramer's Lightning Round: Stay away from Novocure
▼ + stars: | 2023-06-08 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Plug Power's year-to-date stock performance. Stock Chart Icon Stock chart icon Nuscale Power's year-to-date stock performance. Stock Chart Icon Stock chart icon LyondellBasell's year-to-date stock performance. Stock Chart Icon Stock chart icon Novocure's year-to-date stock performance. Stock Chart Icon Stock chart icon Eaton's year-to-date stock performance.

Persons: they've, Nuscale, Eaton, Owens, Owens Corning Locations: Eaton

☆ Westinghouse unveils small modular nuclear reactor
▼ + stars: | 2023-05-04 | by ( Timothy Gardner | ) www.reuters.com time to read: +3 min

WASHINGTON, May 4 (Reuters) - U.S. company Westinghouse unveiled plans on Thursday for a small modular reactor to generate virtually emissions-free electricity that could replace coal plants or power water desalinization and other industries. Small modular reactors (SMR) are meant to fit new applications such as replacing shut coal plants and being located in more remote communities. They noted that Russia took the Zaporizhzhia nuclear power plant in Ukraine, the site of repeated shelling. That year, former President Donald Trump's administration issued restrictions on exports of nuclear technology newer than the AP1000 due to nuclear proliferation concerns. Baranwal said if the U.S. government deems AP300 to be a subset of the earlier reactor technology "then we can start entertaining the possibilities" of exporting it to China.

☆ U.S. approves design for NuScale small modular nuclear reactor
▼ + stars: | 2023-01-20 | by ( Timothy Gardner | ) www.reuters.com time to read: +2 min

Companies Nuscale Power Corp FollowWASHINGTON, Jan 20 (Reuters) - The U.S. nuclear power regulator has certified the design for the NuScale Power Corp's (SMR.N) small modular reactor, the first such approval in the country for the next generation technology. The Nuclear Regulatory Commission's approval, published in the Federal Register late on Thursday, clears a hurdle for NuScale. The company plans to build a demonstration small modular reactor (SMR) power plant at the Idaho National Laboratory. The U.S. Department of Energy has provided more than $600 million since 2014 to support the design, licensing and siting of NuScale's power plant and other small modular reactors. "SMRs are no longer an abstract concept," said Kathryn Huff, assistant secretary for nuclear energy at the Energy Department.

☆ Cramer's lightning round: I'm very concerned about Veru
▼ + stars: | 2023-01-06 | by ( Krystal Hur | ) www.cnbc.com time to read: +1 min

Loading chart...Veru Inc : "I'm very concerned about it." I think we're going to have to take a major league pass." Suburban Propane Partners LP : "[The] propane market is historically, let's say, too volatile and erratic for me." Loading chart...Axon Enterprise Inc : "It's a terrific law enforcement package that I think is really good for everybody. Loading chart...Nuscale Power Corp : "If you want small, nuclear modular reactors, I'm going to have to say, the Constellation Energy group.

☆ The world is staring down a brutal winter of soaring energy prices, rolling blackouts, and freezing homes. But there's a clear solution to the crisis — if we aren't too scared to use it.
▼ + stars: | 2022-09-20 | by ( Kartik Menon | ) www.businessinsider.com time to read: +11 min

Confronted with energy shortfalls into the colder months and years of potential energy uncertainty, one solution has gained traction around the globe: nuclear energy. Many nations, including the United Kingdom, Netherlands, France, and Japan, have begun or reconsidered massive sovereign investment into nuclear power. Reliable, low-cost, and carbon-free, nuclear energy allows these nations to arrest the economic decline from higher energy prices and make progress toward net-zero goals. Compared to other sources of energy, nuclear power is relatively safe — the number of deaths per terawatt hour produced is comparable to wind and solar energy. These are encouraging steps toward getting the West off of Russian energy and helping consumers weather the tough times ahead.

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