Cameco, brookfield asset management and nuclear reactor
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Cameco (CCJ) surged 20% after announcing a historic $80 billion nuclear partnership with the U.S. government, Brookfield, and Westinghouse. Here’s why this deal cements nuclear power as a cornerstone of America’s AI-driven energy future — and why CCJ could rally to $150.
Cameco and Brookfield have signed a new agreement with the U.S. government. The value of the new partnership totals $80 billion. Cameco stock represents a great opportunity for nuclear energy-focused investors.
Cameco Corporation (NYSE:CCJ) is one of the stocks on Jim Cramer’s radar recently. Answering a caller’s question about the stock during the lightning round, Cramer said: “No, Cameco is not speculative,
Cameco Corp. gained over C$12 billion ($8.7 billion) in market capitalization on Tuesday as shares rose to a record high after it announced a pact with the US government to build at least $80 billion of new nuclear reactors.
The stock makes the TSX top percentage gainer on an $80 Billion dollar nuclear deal . The stock is trading at 148.32 +27.06, gaining 22.32% on volume of over 1.9 Million shares as of this report.
A powerful U.S. government partnership sent Cameco stock soaring today -- here’s what investors need to know. The post Why Cameco Stock Is Surging an Incredible 20% Tuesday appeared first on The Motley Fool Canada.
Shares in Cameco and Brookfield Asset Management rose after forming a partnership with the U.S. government through their company Westinghouse Electric to help build up to $80 billion in nuclear reactors. Cameco shares jumped 22% to 147.82 Canadian dollars ($105.66), while Brookfield Asset Management shares rose 1.1% to C$77.23.
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