Cameco, Westinghouse and brookfield asset management
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Westinghouse Electric Co. has joined with Cameco Corp. and Brookfield Asset Management in a partnership that would advance deployment of nuclear power
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.
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.