As Cloud Computing Giants Turn to Nuclear Power, Is Now the Time to Buy Cameco? [Yahoo! Finance]
Cameco Corporation (CCJ)
Last cameco corporation earnings: 5/1 07:00 am
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Source: Yahoo! Finance
Thanks to the emergence of artificial intelligence (AI) , cloud computing companies have increasingly been turning their attention toward nuclear power. And with nuclear power comes the need for more uranium. Let's take a closer look at what is going in the nuclear power sector and how this could impact uranium miner and nuclear service provider Cameco (NYSE: CCJ) AI and nuclear power As major tech companies rush to build AI-focused data centers, they are left with the need of finding cheap and reliable power sources, because AI training and inference use a massive amount of energy. Two of the best sources for this power come from natural gas and nuclear energy. Until last year, when a Georgia nuclear plant commenced operations, there had not been a nuclear power plant built from scratch in the U.S. in over 30 years. It was the first nuclear reactor start-up since 2016. The project was delayed by seven years and well over budget, which shows the struggles of getting nuclear p
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News
- 3 TSX Stocks Soaring Higher With No Signs of Slowing [Yahoo! Finance Canada]Yahoo! Finance Canada
- Think It's Too Late to Buy Cameco? Here's the Biggest Reason Why There's Still Time. [Yahoo! Finance]Yahoo! Finance
- Thursday's Insider Report: Activist investor unloads $1.7-million from this soaring dividend stock [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Focus on valuations is key when it comes to global equities [Investment Executive - News]Investment Executive - News
- Russia Temporarily Limits Nuclear-Fuel Shipments to US [Yahoo! Finance Canada]Yahoo! Finance Canada
CCJ
Earnings
- 11/7/24 - Miss
CCJ
Sec Filings
- 11/21/24 - Form 144
- 11/19/24 - Form 144
- 11/13/24 - Form 6-K
- CCJ's page on the SEC website