On Aug. 26, the U.S. Army announced $2.2 billion in funding for several companies to own, build and operate nuclear microreactors for military installations, under its Janus Program launched in 2025. The goal is to supply safe, reliable power to the military through more than 20 microreactors, which are factory-assembled modular designs that can be built faster and at lower cost than large plants. BWX Technologies (BWXT) was selected as one of the vendors, given its long history of building reactors for the U.S. Navy. BWXT shares rose about 136% over five years but fell about 40% over the past six months, and the company recently raised its 2026 guidance for revenue, adjusted EBITDA, non-GAAP EPS and free cash flow. The article notes BWXT has a proven record of deploying its technology and earning profits, unlike some SMR companies without earnings.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on Yahoo Finance ↗
Related news
- Amazon to fund 12 small nuclear reactors at former Indiana coal plant
Amazon is funding a proposed 960-megawatt nuclear plant in Indiana and will be its first power buyer, the companies announced Monday. American Electric Power (AEP) will operate the plant, while X-energy will supply 12 Xe-100 small modular reactors on the site of a demolished coal plant south of Terre Haute. This is the second Amazon–X-energy deal and three times larger than the first; unlike many new plants, it will connect to the public grid, though Amazon says the power will also serve its data centers. The timeline still hinges on X-energy delivering its first plant at Seadrift, Texas, which is the subject of a state lawsuit and has not yet broken ground.
- AWS, Anthropic race to deploy army of specialized engineers key to proving AI spending will pay off
Big Tech is spending heavily to build forward deployed engineers (FDEs), specialists who combine AI and software skills with corporate know-how to turn large language models into business systems that deliver measurable results. The push comes as market doubts about the economics of the AI boom intensified this week, with AI- and memory-linked stocks such as Dell, CoreWeave, AMD and Micron suffering significant short-term losses. AWS has committed $1 billion, OpenAI has launched a deployment business backed by more than $4 billion in initial investment, Anthropic is putting $100 million into training 10,000 FDEs by the end of 2027, and Accenture and Google Cloud are building a 1,000-person FDE workforce. U.S. FDE job postings rose from fewer than 200 in 2023 to about 1,200 in 2025 and more than 7,300 in the first nine months of 2026, with median advertised salaries of $195,456, up 40% from 2023. These figures reflect advertised positions rather than completed hires.
- One Stock Could Benefit as AI Spending Moves Beyond Nvidia
Broadcom (AVGO) closed at $361.54 and traded at $356.88 at noon Monday, down 1.29%, up only 3.68% year to date and below its 52-week high of $493.28, amid concerns over AI-related borrowing. Fiscal Q3 revenue rose 85.5% to $29.59 billion, ahead of the $29.44 billion consensus, with non-GAAP EPS of $3.32 versus $3.24 expected, while AI semiconductor revenue climbed 221% to $16.70 billion. Management guided fiscal Q4 AI revenue to $21.7 billion on total revenue of about $34.8 billion, and said AI bookings exceeded $30 billion with visibility into 2028. Risks named in the article include reliance on a few large frontier model developers, possible margin pressure as lower-margin TPU and ASIC sales grow, and total liabilities of $88.46 billion tied partly to the VMware deal. The article cites a 24/7 Wall St. price target of $429.85 and a Wall Street consensus target of $531.31.
- Super Micro (SMCI) Won Over $60 Billion in Orders, Is the Discount Deserved?
A contractor linked to Super Micro Computer (SMCI) pleaded guilty earlier this month to helping ship servers with advanced Nvidia chips to China, a case prosecutors say involved billions of dollars of U.S. AI technology, though the company says it was not named as a defendant and its operations are unaffected. Sales for the fiscal year ended June reached $39.1 billion, up from $22.0 billion, with CEO Charles Liang citing more than $60 billion in new orders, several hundred added enterprise customers, and a record backlog. Management guides to $65.0 billion to $72.0 billion in fiscal 2027 sales, and sales have grown about 61.5% a year over five years. Gross margin was 10.8% for the full year but rose to 17.5% in the June quarter, with net income of $1,178 million, while the trailing 12-month operating margin was 7.09%. The article notes the stock trades at a much lower multiple of expected earnings than the sector, and that one strong quarter does not yet prove a new margin level.
- Constellation's $4.3 Billion Google-Backed Upgrades vs. Vistra's $4.2 Billion Government Loan: Which Nuclear Plan Is Better for Shareholders?
The U.S. Department of Energy prospectively will loan Vistra $4.2 billion to upgrade its nuclear fleet in Pennsylvania and Ohio, preserving nearly 4 GW of baseload power and adding 433 MW, with much of the output already earmarked for Meta's 20-year agreement. The loan would add to Vistra's $17.7 billion in long-term debt, and it depends on Vistra meeting technical and financial requirements. By contrast, Alphabet committed to buy 890 MW of nuclear-generated power from Constellation for 20 years, allowing Constellation to plan a $4.3 billion investment; Constellation has about $1 billion in cash and near-cash, plus over $5.7 billion in Calpine assets held for sale. The article concludes that Constellation's deal is more advantageous for shareholders.
- TSMC Is Spending up to $64 Billion This Year. Here's Why That's Great News for Investors.
TSMC plans to spend $60 billion to $64 billion this year on factories and equipment, about a third of trailing-12-month revenue, which the article presents as a sign of coming growth. CFO Wendell Huang linked the spending to long-term customer demand, including agentic AI, and said spending from 2026 through 2028 should be significantly higher than in the previous three years. Third-quarter revenue reached a record $46.7 billion, up 41% year over year, with fourth-quarter guidance of $52.3 billion to $54.3 billion, and profit margin rose to 51.1% from 45.7%. The article notes geopolitical risks in Asia and says overseas plants such as Arizona cost more to run and may weigh on future margins. The stock trades at 19 times 2027 earnings estimates, with consensus calling for 28% earnings growth next year.
Related markets
Latest news
- Why Is 3M (MMM) Stock Rocketing Higher Today
3M (NYSE: MMM) rose 5.2% in the afternoon session after reporting third-quarter 2026 GAAP sales of $6.6 billion, adjusted organic sales growth of 3.3%, adjusted EPS of $2.50, and an adjusted operating margin of 26.2%. The company raised its full-year 2026 adjusted EPS guidance to $9.10–$9.15 and expanded its commercial relationship with Amazon for optical connectivity and data center products, granting Amazon a warrant for up to 3.2 million shares tied to $6 billion in cumulative sales over seven years. The shares closed at $171.50, up 5.9%. The article notes 3M's shares are not very volatile, with only 4 moves above 5% in the past year, and the stock is up 6.1% year to date, near its 52-week high of $183.78 from August.
- This Nuclear Stock Could Be Your Ticket to Millionaire Status -- and It Didn't Even Need to Build a Reactor First
The article highlights Centrus Energy (LEU), a producer of high-assay low-enriched uranium (HALEU) that small modular reactors need, which the company calls the only HALEU enricher in the Western World. Centrus reported a $4.5 billion backlog of LEU and HALEU sales commitments in an August investor presentation. With a $2.4 billion market cap, the author suggests the stock could grow tenfold to above $20 billion, compared with Cameco's $35 billion market cap, so a $10,000 investment could be worth a million dollars. The article also notes that it is impossible to say for sure whether the stock will flourish.
- Netflix Cut Its Ad Revenue Forecast by $300 Million. Does That Matter More Than Its Earnings Beat?
Netflix reported third-quarter results after the Tuesday close, with revenue up 11.8% to $12.87 billion in line with expectations and EPS rising from $0.59 to $0.87, beating estimates of $0.82. Revenue growth was the slowest in three years and engagement remained weak, sending the stock down 6% after hours. The company cut its full-year ad revenue forecast from $3 billion to $2.7 billion, blaming a slightly slower-than-expected rollout of some ad product capabilities. Its fourth-quarter guidance of $13.44 billion in revenue (up 11.5%) and $0.67 EPS fell below consensus of $13.52 billion and $0.73. Advertising makes up less than 6% of the $51.1 billion revenue the company expects this year, but the article argues it remains a key part of the growth story.
- CEO Elon Musk Just Gave SpaceX Investors Great News
SpaceX reported third-quarter revenue of $14.6 billion (up 161%) and net income of $4.4 billion, versus a $1.1 billion net loss a year earlier, with adjusted EBITDA of $8.8 billion (up 306%), all above analyst expectations. Its Super Intelligence (SI) unit posted revenue above $7.5 billion, beating estimates by over $1 billion, while Starlink subscribers grew by 1.6 million to 13.6 million. Total capital expenditures were nearly $19.6 billion, with $16.4 billion allocated to SI. Musk expects compute capacity of 2.5–3 GW by year-end, up from 1.7 GW, says he feels confident of bringing another 10 GW online in 2027, and expects annual recurring revenue of $500 billion to $1 trillion by the end of 2027. Shares climbed nearly 5% in after-hours trading.
- Amazon vs Alphabet: Which "Magnificent Seven" Stock Is the Better Buy Right Now?
The article compares Amazon (AMZN) and Alphabet (GOOGL, GOOG), two of the world's most valuable companies. Alphabet's valuation is around $4.1 trillion versus Amazon's $2.8 trillion, but Amazon's revenue over the past four quarters, $776 billion, is much larger than Alphabet's $446 billion. Alphabet generated $148 billion in operating profit at a 33% margin, while Amazon's operating margin averaged just 12% over the past 12 months. Amazon's forward P/E is nearly 24, above the S&P 500 average of 19, while Alphabet's is just under 22, and the author concludes Alphabet is the better buy.
- Unmaking of Europe : How a global power lost its way
The article argues that European countries have lost their central role in shaping international politics, along with their dominance in productivity and fertility rates. Key causes cited include the potential withdrawal of the U.S. security umbrella and troop drawdowns, Russia's invasion of Ukraine, and Donald Trump's return to the presidency. In response, Europe is pursuing defense self-sufficiency, with more than 20 multilateral defense funds and an EU initiative aiming to mobilize $800 billion for defense infrastructure. The author notes these spending priorities may force Europe to abandon some economic development projects. The EU's trade deficit with China rose from $304.5 billion in 2024 to $359.8 billion in 2025, with manufactured goods making up 97.3% of EU imports from China.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.