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NuScale Power Corporation - SMR STOCK NEWS

Welcome to our dedicated news page for NuScale Power Corporation (Ticker: SMR), a resource for investors and traders seeking the latest updates and insights on NuScale Power Corporation.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect NuScale Power Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of NuScale Power Corporation's position in the market.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.07%
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Rhea-AI Impact
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-3.17%
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Rhea-AI Summary
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-3.47%
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Rhea-AI Summary
The Small Modular Reactor Market is projected to reach USD 6.8 billion in 2030 with a CAGR of 2.3% from 2023. The versatile nature of nuclear power and the advantages of SMRs are driving market growth. The gases segment and high-temperature reactors are expected to have a significant market share. Power generation and grid-connected segments are the fastest-growing markets. Europe is likely to emerge as the second-largest region in the industry.
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2.55%
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-0.36%
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partnership
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Rhea-AI Summary
NuScale Power Corporation is set to conduct one-on-one and small group meetings with institutional investors at various conferences in June 2023. Interested investors can register through their respective sales representative.
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Rhea-AI Sentiment
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1.2%
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conferences
Rhea-AI Summary
NuScale Power's research demonstrates the potential of their small modular reactors (SMRs) to reduce emissions in industrial sectors. The research shows that NuScale SMRs can be used in various high-temperature industrial processes, providing options for oil refiners and chemical companies to decarbonize their operations. The steam generated by a single NuScale Power Module™ can be compressed and heated to produce process steam at commercial scale. NuScale will continue to explore the flexibility and economics of multi-module steam generation. The findings are supported by NuScale's safety features that enable plants to operate off-grid and achieve a higher efficiency industrial energy system.
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Rhea-AI Summary
NuScale Power has joined the Romanian Atomic Forum (ROMATOM) as a supporting member to promote nuclear energy goals in Romania and advance clean nuclear energy with small modular reactor (SMR) technology. This move strengthens the relationship between the United States and Romania in the nuclear industry.
Rhea-AI Impact
Rhea-AI Sentiment
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-8.38%
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Rhea-AI Impact
Rhea-AI Sentiment
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5.46%
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NuScale Power Corporation

NYSE:SMR

SMR Rankings

SMR Stock Data

420.60M
51.75M
17.87%
55.83%
14.65%
Industrial and Commercial Fan and Blower and Air Purification Equipment Manufacturing
Manufacturing
Link
United States
Portland