KE ZHUANG/E+ via Getty Images NuScale Power: After An 80% Collapse, What's Next? I wonder whether anyone still remembers the high-flying nuclear energy stocks? Well, it really wasn't too long ago, just going back to October 2025, that we saw speculative fervor capturing even some of the most hyped-up opportunities at that moment, as the market got caught up in AI bubble stocks, meme stocks, and al...
KE ZHUANG/E+ via Getty Images NuScale Power: After An 80% Collapse, What's Next? I wonder whether anyone still remembers the high-flying nuclear energy stocks? Well, it really wasn't too long ago, just going back to October 2025, that we saw speculative fervor capturing even some of the most hyped-up opportunities at that moment, as the market got caught up in AI bubble stocks, meme stocks, and also stocks whose P&L don’t quite have that level of near-term visibility to justify that sort of premium that the market priced in when the stock of NuScale Power Corporation ( SMR ) peaked then. The selling pressure that has transpired since then is threatening to unhinge the conviction of even the most ardent bulls. With SMR down 80% from its 2025 highs, is there still a way back for the battered small modular reactor company? Or, has the momentum turned so negatively against yet unproven stocks that promise a lot through the decade, but arguably have little to show for it at the current moment, as investors become a lot more cautious even on well-established growth and technology stocks, as we observe the growth to value rotation that also has hit negative free cash flow stocks extremely hard? I rated SMR with a Neutral rating back in October. I indicated that the valuations were unjustified, as tremendous execution risks could still hamper widespread adoption of SMR’s fledgling tech, which the market appears to have taken to FOMO heights, before investors were jolted from their slumber. Nevertheless, I’ve also observed that we have a chance to bottom out at just above the $11 level, which marks an unceremonious round trip taking investors back to the March 2025 lows. I observed that SMR’s buying sentiments have improved this month, and that is despite the worsening Iranian War, which should have spurred an even greater risk-off posture. Therefore, I thought it is an interesting phenomenon, and one I think NuScale investors should be heartened by. I'm not saying that the ...
The post The World Needs More Lithium. This Company Cracked the Code to Better Extraction, and They’re Quickly Scaling Into Commercial Production. by Benzinga Contributors appeared first on Benzinga . Visit Benzinga to get more great content like this. What do electric vehicles, energy storage systems, and your smartphone have in common? All of their batteries use lithium, a naturally-occurring me...
The post The World Needs More Lithium. This Company Cracked the Code to Better Extraction, and They’re Quickly Scaling Into Commercial Production. by Benzinga Contributors appeared first on Benzinga . Visit Benzinga to get more great content like this. What do electric vehicles, energy storage systems, and your smartphone have in common? All of their batteries use lithium, a naturally-occurring metal that’s seeing growing demand from manufacturers around the world. Unlike other natural resources, the challenge in meeting this multi-billion dollar demand isn’t finding enough of it —it’s the 16th most-common element found in the Earth’s crust—but the extraction process. Traditional methods take up to 18 months and only recover 30% of lithium found in salt lakes or other minerals. EnergyX not only developed a better extraction process that recovers three-time the amount of lithium in a fraction of the time, they’ve also partnered with top industry leaders to put them in a position to become a global leader in the energy storage market, expected to reach $546B by 2035. They’re backed by General Motors, and recently received a $5 million grant from the U.S. Department of Energy to extract lithium from geothermal brines. They also recently acquired nearly 50k+ gross acres in the US and 100k+ acres of lithium mining rights in Chile where they are actively building one of the largest lithium production facilities in the country. Share in EnergyX’s growth by investing today. Minimum investments start at $1,000. Closing the Lithium Supply Gap Globally, less than 300,000 metric tons of lithium are mined each year using legacy methods. As EVs and rechargeable batteries become more popular, the demand for lithium is rapidly approaching that number and is expected to grow to 5 million metric tons by 2040. EnergyX’s Lithium Ion Transport and Separation (LiTAS®) technology is a true “brine to battery” solution. It can recover over 90% of lithium in days—not months—compared to just ...
(RTTNews) - Clarkson PLC said it has acquired Link Group for $80 million in cash, as part of its strategy to expand in physical commodities, derivatives, and data. The Link Group includes Link Crude Resources, Link Data Services, and Link Futures, and is a leading North American broker in physical crude oil and derivatives, particularly in the WTI market across West Texas and the U.S. Gulf Coast. ...
(RTTNews) - Clarkson PLC said it has acquired Link Group for $80 million in cash, as part of its strategy to expand in physical commodities, derivatives, and data. The Link Group includes Link Crude Resources, Link Data Services, and Link Futures, and is a leading North American broker in physical crude oil and derivatives, particularly in the WTI market across West Texas and the U.S. Gulf Coast. Clarksons said the acquisition strengthens its ability to serve clients across physical commodities and related derivatives, while also enhancing its data and analytics capabilities. The company noted the business has a strong track record of profitability and is expected to be immediately earnings accretive. The deal also expands Clarksons' footprint in the Americas and aligns with growing demand for hedging tools such as CME WTI Gulf Coast contracts, as global energy markets become more interconnected. Clarksons said the acquisition will support its long-term strategy of geographic expansion and product diversification, while enabling cross-selling opportunities across its global client base. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
US equity indexes fell in midday trading on Wednesday after wholesale inflation rose in February ami Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles.
US equity indexes fell in midday trading on Wednesday after wholesale inflation rose in February ami Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles.
Mamdani put Ramadan at the center of NYC's cultural life, bringing joy — and a backlash toggle caption Brian Mann/NPR When Mayor Zohran Mamdani took the stage at the Museum of the City of New York last week, he was surrounded by city workers invited to share iftar, the dinner held after sunset to break the daily Ramadan fast. "It is not every day that we see in one room the sheer breadth of Muslim...
Mamdani put Ramadan at the center of NYC's cultural life, bringing joy — and a backlash toggle caption Brian Mann/NPR When Mayor Zohran Mamdani took the stage at the Museum of the City of New York last week, he was surrounded by city workers invited to share iftar, the dinner held after sunset to break the daily Ramadan fast. "It is not every day that we see in one room the sheer breadth of Muslim life in New York City," Mamdani said, flashing his trademark grin and offering the traditional holiday greeting. "I will say it once again, Ramadan mubarak, my friends." It was a moment of celebration and pride not only for New York City's community of roughly one million Muslims but also for many Muslims across the country. Sponsor Message Over the last year, Mamdani had risen with astonishing speed from a Democratic Socialist backbencher in the state legislature to the pinnacle of power in the U.S.' U.S.'s largest city. toggle caption Andres Kudacki/AP But during his speech on March 12, Mamdani also described this gathering as an act of defiance. "For nearly as long as there has been a New York City, there have been Muslim New Yorkers," he said. "But for nearly as long, those with power and and platform have sought to dehumanize us." He was responding, in part, to Alabama's Republican Senator Tommy Tuberville, who earlier that day had reposted an image of Mamdani celebrating public iftar dinner next to an image of the 9/11 terror attacks with the words "the enemy is inside the gates." NPR reached out to Tuberville's office for comment - they didn't respond. Speaking to the crowd in Harlem, Mamdani described Tuberville's post as "bigotry." "When I hear such hatred and disdain unchecked in its rancor, I feel an isolation and a loneliness that many of you have felt as well," Mamdani said. The U.S.' leading Muslim politician portrayed by the right as "dangerous" Attacks on Mamdani from the right began last year, during his rapid ascent. With a disarming political style and m...
The U.S. Food and Drug Administration issued a draft guidance on Wednesday to help drug developers validate alternative methods that can be used in place of animal studies during early stages of drug development. The guidance details four core validation principles for computer simulations, chemical reactivity studies, and other new approach methodologies (NAMs) that are designed to replace animal...
The U.S. Food and Drug Administration issued a draft guidance on Wednesday to help drug developers validate alternative methods that can be used in place of animal studies during early stages of drug development. The guidance details four core validation principles for computer simulations, chemical reactivity studies, and other new approach methodologies (NAMs) that are designed to replace animal testing, the regulator said. “This draft guidance advances our commitment to replace animal testing with human-relevant, scientifically rigorous methods," noted HHS Secretary Robert F. Kennedy Jr. However, the FDA urged drug developers to consult its relevant review division when considering NAMs to submit nonclinical data to obtain regulatory clearance for clinical trials. "Technological advances are allowing us to move beyond animal testing in drug development, which has a poor track record of predicting safety and efficacy in humans," FDA Commissioner Marty Makary added. "This guidance will facilitate the adoption of modern alternatives to animal testing in regulatory submissions." Charles River Laboratories ( CRL ) and Inotiv ( NOTV ) are among the contract research organizations exposed to preclinical animal-based testing. The move follows similar draft guidance issued by the FDA in December to reduce testing of certain monoclonal antibodies in non-human primates. More on Charles River Laboratories, Inotiv Charles River Laboratories International, Inc. (CRL) Presents at Barclays 28th Annual Global Healthcare Conference Transcript Charles River Laboratories International, Inc. (CRL) Presents at TD Cowen 46th Annual Health Care Conference Transcript Charles River Laboratories International, Inc. (CRL) Q4 2025 Earnings Call Transcript Charles River announces divestitures, updates guidance Charles River projects up to 9% EPS growth in 2026 as new CEO, acquisitions, and cost savings drive margin expansion
Xtrackers International Real Estate ETF(HAUZ 0.73%)stands out for its lower fees, higher yield, and broader portfolio coverage compared to State Street SPDR Dow Jones International Real Estate ETF(RWX 0.39%), though both track international real estate and posted identical 1-year returns. Both HAUZ and RWX aim to give investors exposure to real estate companies outside the U.S, but they differ in ...
Xtrackers International Real Estate ETF(HAUZ 0.73%)stands out for its lower fees, higher yield, and broader portfolio coverage compared to State Street SPDR Dow Jones International Real Estate ETF(RWX 0.39%), though both track international real estate and posted identical 1-year returns. Both HAUZ and RWX aim to give investors exposure to real estate companies outside the U.S, but they differ in cost, portfolio breadth, and sector emphasis. This comparison examines how each ETF approaches global property investing, focusing on fees, holdings, performance, and practical differences investors may want to consider. Snapshot (cost & size) Metric RWX HAUZ Issuer SPDR Xtrackers Expense ratio 0.59% 0.10% 1-yr return (as of 2026-03-16) 13.4% 13.4% Dividend yield 3.6% 4.4% Beta 0.77 0.75 AUM $284.6 million $1.0 billion Beta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The 1-yr return represents total return over the trailing 12 months. HAUZ looks more affordable in terms of cost, charging just 0.10% annually versus 0.59% for RWX, while also offering a higher payout with a 4.4% yield compared to RWX's 3.6%. Performance & risk comparison Metric RWX HAUZ Max drawdown (5 y) -35.92% -34.53% Growth of $1,000 over 5 years $797 $850 What's inside HAUZ targets a broad mix of developed and emerging market real estate, holding 412 companies as of its 12.5-year track record. The portfolio skews heavily toward real estate (96%), with small allocations to industrials and communication services. Its largest positions include Goodman Group(GMG +2.14%), Mitsubishi Estate Co Ltd(MITEY 0.80%), and Mitsui Fudosan Co Ltd(MTSFY 0.74%), with no leverage or currency hedging quirks. RWX is more concentrated, with 121 holdings and a sizeable 39% cash and others allocation alongside 61% real estate. Top names are Mitsui Fudosan Co Ltd, Swiss Prime Site Reg (SPSN 0.43%), and Scentre Group (SCG 0.55%), reflecting a narrower sector focus. Both fun...
Hispanolistic/E+ via Getty Images The other day, I landed at Heathrow Airport on a flight from New York City to London. My house isn't readily accessible via public transit, and so when my data connected to the local cell service, I opened up Uber ( UBER ) and checked the cost of a rideshare from Heathrow to my place in southwest London. £53 quid. All told, not that bad, given the prices of everyt...
Hispanolistic/E+ via Getty Images The other day, I landed at Heathrow Airport on a flight from New York City to London. My house isn't readily accessible via public transit, and so when my data connected to the local cell service, I opened up Uber ( UBER ) and checked the cost of a rideshare from Heathrow to my place in southwest London. £53 quid. All told, not that bad, given the prices of everything in recent years. After I cleared passport control, customs, and collected my bag, I went to the rideshare area and refreshed the price. £155 quid. It didn't appear that the supply of cars ready to ferry landing passengers was particularly low, because after accepting the price (gulp), I was assigned a driver in under 15 seconds. So what happened? Uber realized that multiple planes full of passengers had just landed and hit those later in the queue with a massive surcharge. Here's the kicker: after speaking with my driver and building up some rapport, I asked him (out of curiosity) how much he was making from my ride. His answer: £38, the amount he likely would have gotten before Uber's price increase. Uber marked my ride up and decided to keep all the profit. Broadly, I feel that this story encompasses many users' experiences with Uber lately: high pricing, a low driver cut, and a frustrating experience overall. In some ways, this is the app finally functioning as venture capitalists once designed. With an oligopoly position in nearly every market it operates in, Uber is free to dictate terms and incrementally increase its own margins. However, in recent years, I've become disappointed with the company's revenue growth prospects, which analysts expect will remain subdued in the low-to-mid teens range - and may even drop into the single digits - by the end of the decade. Not only that, but autonomous vehicles threaten to completely upend Uber's mobility segment, the oldest and largest line of business at the company. While I don't think Uber is in any immediate danger f...
Artificial intelligence tools that can be used to create nonconsensual sexual images may be banned in the European Union , following outcry after users used Elon Musk ’s Grok service to generate thousands of undressed pictures of women and children. The European Parliament ’s civil liberties committee on Wednesday approved the bloc’s draft text of its Artificial Intelligence Omnibus law. That incl...
Artificial intelligence tools that can be used to create nonconsensual sexual images may be banned in the European Union , following outcry after users used Elon Musk ’s Grok service to generate thousands of undressed pictures of women and children. The European Parliament ’s civil liberties committee on Wednesday approved the bloc’s draft text of its Artificial Intelligence Omnibus law. That included an amendment to outlaw any AI system that generates realistic images “so as to depict sexually explicit activities or the intimate parts of an identifiable natural person” without their consent. The ban wouldn’t apply if a company has imposed measures restricting the creation of such deepfakes. The amendment’s approval puts the parliament in line with European governments, who agreed on a similar ban, making it likely the prohibition will be approved and put into law later this year. While Europe has a number of rules that make it illegal to produce and share sexual material without the subject’s consent, this amendment is the first to specifically target AI platforms. Lawmakers opted to target AI technology besides its users, due to swift improvements in models’ capabilities to produce convincing likeness of real people. That shift was epitomized by the way Grok — a chatbot accessible to anyone using Musk’s X social network — was used to generate and publish online vast amounts of sexualized images based on pictures of fully clothed people in January. Parent company xAI Corp. restricted the feature after widespread criticism. A representative for xAI did not immediately reply to a request for comment. The prohibition adds to a growing corpus of EU laws targeting child abuse sexual material and nonconsensual intimate image sharing. A 2024 directive on violence against women made it an offense to use AI to produce sexual images without the subject’s consent, and the Digital Services Act also punishes social networks that allow the spread of illegal content, including ch...
Kalshi CEO Tarek Mansour discusses the criminal charges filed against the company in Arizona and defends the prediction market’s business model, saying it is not gambling. Mansour speaks with Tim Stenovec on “Bloomberg Tech.” (Source: Bloomberg)
Kalshi CEO Tarek Mansour discusses the criminal charges filed against the company in Arizona and defends the prediction market’s business model, saying it is not gambling. Mansour speaks with Tim Stenovec on “Bloomberg Tech.” (Source: Bloomberg)
Programming note: Money Stuff will be off tomorrow and Friday, back on Monday. SEC token taxonomy In the late 2010s and early 2020s, you could raise hundreds of millions of dollars for a business by selling “tokens” “of” the business, tokens that were in some loose but definite sense linked to the economic success of that business. You could go around saying “we are launching the next hot crypto p...
Programming note: Money Stuff will be off tomorrow and Friday, back on Monday. SEC token taxonomy In the late 2010s and early 2020s, you could raise hundreds of millions of dollars for a business by selling “tokens” “of” the business, tokens that were in some loose but definite sense linked to the economic success of that business. You could go around saying “we are launching the next hot crypto protocol, and it is going to be ‘a life-changing, you know, world-altering protocol that’s gonna replace all the big banks,’ and when it does that the tokens of the protocol will be worth a lot of money, so you should buy some.” People would believe you, so they would buy the tokens, from you, and then you would have money to build your business. If you built the business successfully, the tokens probably would be worth a lot of money, and the people who bought them would get a nice return on their investment. The US Securities and Exchange Commission, in the late 2010s and early 2020s, objected to this state of affairs. Its objection had two main strands: That proposition — “give us money to build a business, and you’ll get rich when we succeed” — is obviously a securities offering , there are rules that regulate the registration and disclosure of securities offerings, and the crypto businesses tended not to follow those rules. Also sometimes the people who raised the money would steal it, or would lie about the business they were building, or would otherwise commit what the SEC would call securities fraud. The SEC pursued the first objection in an interesting way. It sued a few token issuers for violating securities laws, some because they were lying and stealing the money, but others purely for technical reasons, because they had sold tokens without following SEC registration and disclosure requirements. But the SEC also went after crypto exchanges . The theory was that, because these token offerings were securities offerings , therefore the tokens were securities . There...
(RTTNews) - Shares of Coherent Corp. (COHR) are climbing about 6 percent on Wednesday morning trading after the company announced that it will highlight the breadth and scalability of its Indium Phosphide innovations at OFC 2026. The company's shares are currently trading at $260.86 on the New York Stock Exchange, up 6.10 percent. The stock opened at $251.94 and has climbed as high as $265.80 so f...
(RTTNews) - Shares of Coherent Corp. (COHR) are climbing about 6 percent on Wednesday morning trading after the company announced that it will highlight the breadth and scalability of its Indium Phosphide innovations at OFC 2026. The company's shares are currently trading at $260.86 on the New York Stock Exchange, up 6.10 percent. The stock opened at $251.94 and has climbed as high as $265.80 so far in today's session. Over the past year, it has traded in a range of $45.58 to $300.20. The company added that the expansion of InP platform, from high-power lasers and advanced modulators to photodiodes and integrated subsystems, demonstrates its commitment to delivering the performance, scalability, and manufacturing depth required for AI-driven networks. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Ismed Syahrul/iStock via Getty Images Micron Technology ( MU ) is set to report quarterly results after Wednesday’s closing bell, with investors looking for another strong print from the memory chipmaker as demand tied to artificial intelligence infrastructure continues to expand. Against this backdrop of AI‑driven enthusiasm for semiconductors, below is a list of the top 10 chip related stocks ab...
Ismed Syahrul/iStock via Getty Images Micron Technology ( MU ) is set to report quarterly results after Wednesday’s closing bell, with investors looking for another strong print from the memory chipmaker as demand tied to artificial intelligence infrastructure continues to expand. Against this backdrop of AI‑driven enthusiasm for semiconductors, below is a list of the top 10 chip related stocks above $2B market cap, ranked by their lowest forward price‑to‑earnings ratios, along with their valuation grades. The list is topped by Skyworks Solutions ( SWKS ), with a ratio of 11.49. QUALCOMM ( QCOM ) and Qorvo ( QRVO ) follow closely behind. Micron Technology ( MU ) and Cirrus Logic ( CRUS ) round out the top five. The list includes a range of market capitalizations, from smaller players like Photronics ( PLAB ) at $2.04B to industry giants like Micron Technology at $519.64B and NVIDIA at $4.42T. While NVIDIA ( NVDA ) appears on the list, its forward P/E ratio of 22.05 is notably higher than the leaders at the top. P/E FWD (forward price-to-earnings ratio) is a valuation multiple that compares a stock’s current share price to expected (forward-looking) earnings per share, typically based on analysts’ consensus estimates for the upcoming year. Here is the list: Skyworks Solutions ( SWKS ), P/E fwd ratio: 11.49, Valuation grade: A QUALCOMM ( QCOM ), P/E fwd ratio: 11.83, Valuation grade: B- Qorvo ( QRVO ), P/E fwd ratio: 11.92, Valuation grade: B+ Micron Technology ( MU ), P/E fwd ratio: 12.65, Valuation grade: B- Cirrus Logic ( CRUS ), P/E fwd ratio: 15.01, Valuation grade: B- Photronics ( PLAB ), P/E fwd ratio: 15.98, Valuation grade: A Synaptics ( SYNA ), P/E fwd ratio: 16.82, Valuation grade: C+ Universal Display ( OLED ), P/E fwd ratio: 19.50, Valuation grade: D+ ON Semiconductor ( ON ), P/E fwd ratio: 20.93, Valuation grade: B- NVIDIA ( NVDA ), P/E fwd ratio: 22.05, Valuation grade: F Semiconductor ETFs: ( SMH ), ( SOXX ), ( SOXL ), ( FTXL ), ( XSD ), ( USD ), ( PSI...
Alphabet Inc. ’s Google is moving ahead with plans for a major data center in Michigan that features a 20-year electricity contract requiring it to cover the full expense of adding a haul of new clean power. The agreement with DTE Energy Co. underscores the intense competition to connect such facilities to the power grid, as well as community concerns that such projects raise utility bills. The pr...
Alphabet Inc. ’s Google is moving ahead with plans for a major data center in Michigan that features a 20-year electricity contract requiring it to cover the full expense of adding a haul of new clean power. The agreement with DTE Energy Co. underscores the intense competition to connect such facilities to the power grid, as well as community concerns that such projects raise utility bills. The project expects to use as much as one gigawatt of electricity, with service starting in December 2027 and reaching full load in late 2028, DTE wrote in a regulatory filing on Tuesday. The rush by big technology companies to build massive data centers for their operations and artificial intelligence ambitions has strained the electric grid and raised utility expenses for homes and small businesses in some US regions. The issue has reached the highest levels of US politics, with President Donald Trump calling for tech firms to defray electricity costs. Read More: Trump Vows Data-Center Pledge Will Eventually Cut Power Costs Google said it’s evaluating a site in Van Buren Township near Detroit. The township’s website currently lists a data center project named “Project Cannoli” that attracted community opposition in January. Currently, DTE produces most of its electricity from fossil fuels, with about 41% coming from coal, 26% coming from natural gas and the remainder coming mostly from nuclear and wind, according to its website . Google said in its statement that its data center operations will be served by 2.7 gigawatts of new resources, including solar, storage and demand flexibility . The arrangement that Google and DTE are proposing is unusual. For starters, a 20-year contract — especially one for an amount as massive as one gigawatt — is significantly longer than the typical utility-customer agreement, a fact that DTE acknowledges in testimony filed with regulators. Google’s commitment in turn to fully cover the costs of 1,600 megawatts of new renewable energy and 480 mega...