Ight what are the best Uranium stocks to gamble on? Big banks with total asset control of 18 trillion are pledging support for nuclear, Microsoft dropped 16 billion on friday to revive three mini reactors to power a datacenter. The biggest hurdle for nuclear has always been initial financing it takes way too long to make your money back coupled with the risk of failure makes it a sub optimal investment. Seems like the big boys don't care anymore and there's enough here that some deregulation seems plausible.

    At COP28, Countries Launch Declaration to Triple Nuclear Energy Capacity by 2050, Recognizing the Key Role of Nuclear Energy in Reaching Net Zero | Department of Energy

    Banks and financial institutions pledging support to meet the 2050 goal of tripling nuclear power production:

    Bank of America, Barclays, BNP Paribas, Brookfield, Citi, Credit Agricole, Goldman Sachs, Morgan Stanley, Rothschild & Co. Some other ones as well: Abu Dhabi Commercial Bank, Ares Management, Brookfield, Crédit Agricole CIB, Guggenheim Securities, Segra Capital Management, and Société Générale.

    https://www.ft.com/content/96aa8d1a-bbf1-4b35-8680-d1fef36ef067

    **UPDATE**

    Amazon has begun hiring principal nuclear engineers to evaluate SMRS and create a nuclear fuel strategy roadmap.
    Apple now includes nuclear energy in their 2030 ESG roadmap.

    I'm sure Google and Meta are soon to follow.

    **UPDATE**

    Meta AI Chief says nuclear is the preferred option for data centers. Yann LeCun on X: "AI datacenters will be built next to energy production sites that can produce gigawatt-scale, low-cost, low-emission electricity continuously. Basically, next to nuclear power plants. The advantage is that there is no need for expensive and wasteful long-distance distribution" / X

    Best stocks to gamble uranium? Its time.
    byu/tittiesandtacoss inwallstreetbets



    Posted by tittiesandtacoss

    19 Comments

    1. oklo because of the microsoft connections and military members on their board

      DoD can overwrite DoE on what they can and can not build in their bases for energy

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