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-0.00107411385606872 -0.00134264232008585 0.00107411385606872 0.0102040816326531 0.00886143931256709 0.0161117078410312 0.0209452201933405 0.0107411385606874
Stock impact report

Why C3.ai, Oracle, and NuScale Power Stocks Are Moving on Monday [Yahoo! Finance]

NuScale Power Corporation Class A (SMR) 
Company Research Source: Yahoo! Finance
nuclear power plant-builder NuScale Power (NYSE: SMR) this morning, with C3.ai stock down 6.4% through 10:20 a.m. ET, and NuScale off 6.2%. At the same time, tech giant Oracle (NYSE: ORCL) is bouncing all around. Up nearly 4% earlier in the day, it's currently in the red, down 0.2%. And I think you can blame investment bank TD Cowen for all of this. TD Cowen's bombshell AI news In a report over the weekend, analysts from TD Cowen noted that Microsoft (NASDAQ: MSFT) , an early investor in AI and in OpenAI in particular, has recently canceled "a couple of hundred MWs" worth of data center leases in the United States, and has "pulled back" on projects that would have resulted in further new data center leases. Cowen notes that Microsoft is citing construction delays and lack of access to power as excuses for trying to get out of its leases. Also, Microsoft seems to be particularly reluctant to enter into new data center leases outside the U.S., add the analysts. And why is this Show less Read more
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