Centrus Energy, other nuclear stocks extend powerful rally

Several nuclear-related stocks start the week with big gains, extending continued momentum following recent investments by Amazon Web Services and Google into nuclear energy as a power source for data centers. In Monday’s trading: Oklo (OKLO) +24%, Lightbridge (LTBR) +16%, NuScale Power (SMR) +15.4%, Nano Nuclear Energy (NNE) +9.4%, Centrus Energy …

Core Scientific rated new Buy at Jefferies on AI business

Jefferies analyst Jonathan Petersen started coverage on Core Scientific (NASDAQ:CORZ) stock with a Buy rating on Monday as the bitcoin (BTC-USD) miner is well positioned to capture artificial intelligence demand. The company is transitioning toward high-performance computing data center hosting in a bid to diversify its revenues. It has already sig…

TelePIX Successfully Demonstrates Its Satellite AI Processor, TetraPLEX, in Space

SEOUL, South Korea, Oct. 28, 2024 /PRNewswire/ — TelePIX, a total satellite solution company, announced the successful completion of the in-space demonstration of TetraPLEX, an artificial intelligence (AI) processor for satellites launched in August. This marks the world’s first successful demonstration of real-time, high-speed parallel processing of satellite big data AI model in the extreme conditions of space.