Price action is one of the most important metrics to watch out for when deciding whether a potential investment setup is bullish or bearish. However, despite its importance, price action is only half the picture because relying solely on it without linking to fundamental reasons risks capital blindly.
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The Nuclear Company said on Friday that it has signed a strategic agreement with U.S. steelmaker Nucor Corporation to boost the country's nuclear power supply chain and support domestic manufacturing.
COLUMBIA, S.C.--(BUSINESS WIRE)--The Nuclear Company, which seeks to deploy gigawatt-scale nuclear power across America, today announced a strategic agreement with Nucor Corporation, the leading steelmaker in North America. This agreement aims to promote the revitalization of the country's nuclear supply chain and build on a shared vision by both companies to grow American manufacturing. “Nucor...
Nucor Corporation's stock sold off after the company guided for lower-than-expected Q3 earnings. The market is fixating on a transitory margin squeeze while ignoring a powerful supercycle in steel demand driven by mega-projects in manufacturing, infrastructure, energy, and data centers. I believe NUE's earnings are set to re-accelerate in the coming quarters. The current stock price reflects sh...
The Wall Street Journal reports that President Donald Trump invoked his ‘golden share' to keep U.S. Steel's Granite City steel mill in Illinois running.
Steel stock Nucor Corp (NYSE:NUE) was last seen down 4.1% at $136.95, after the company cut its third-quarter guidance to a range of $2.05 to $2.15 per share, expecting earnings to decrease in all three of its operating segments.
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