After soaring 93% in May, some may have speculated that NuScale Power (SMR 1.90%) stock would have powered down in June and given back some of its gains.
Shares of NuScale Power (SMR -8.30%) sank on Tuesday, finishing the day down 8.7%. The drop comes as the S&P 500 and Nasdaq Composite lost 0.2% and 0.9%, respectively.
COLUMBIA, Md. , June 30, 2025 /PRNewswire/ -- GSE Solutions, a leader in advanced engineering solutions supporting clean energy production and decarbonization initiatives in the power industry, today announced it has developed a hydrogen fuel cell generation and storage plant simulation model using its JTopmeret modeling to support a NuScale Power (NuScale) (NYSE: SMR) hydrogen simulator project.
CORVALLIS, Ore.--(BUSINESS WIRE)--NuScale Power Corporation announced the appointment of Shahram Ghasemian as Chief Legal Officer and Corporate Secretary, effective June 30, 2025.
Artificial intelligence (AI) and electrification are driving the world to need more energy. One form of electric power generation that is coming back into vogue is nuclear power.
Energy is the lifeblood of the global economy, powering transportation, industry, homes, and now the data centers that run today's advanced artificial intelligence (AI) operations. As the U.S. strives for greater energy independence and a more resilient power grid, a diverse mix of oil, gas, nuclear, and renewable energy sources is crucial.
NuScale Power (SMR 4.84%) doesn't generate material revenue from its core business focus. But that could change in very short order if the nuclear power company gets positive news from its first potential customer.
Energy is vital to our modern society. We can't live without electricity (which is proven anytime there's a power outage).
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