US Stock Market Move | Short-term surge in nuclear power stocks NANO Nuclear Energy (NNE.US) rose more than 7.7%

On Wednesday, US nuclear energy stocks surged in the short term. As of press time, NANO Nuclear Energy (NNE.US) rose more than 7.7%, Oklo Inc (OKLO.US) rose more than 6%, Eaton Corp. Plc (ETN.US) rose more than 4.7%, and Talen Energy (TLN.US) rose more than 2.6%. On the news front, just as President Trump, along with Masayoshi Son and others, announced a "500 billion dollar investment in AI over 4 years," a large nuclear power plant project that had been stalled for 7 years in South Carolina is seeking an opportunity to restart. According to local media reports, South Carolina Public Service Authority (Santee Cooper) has hired financial advisors to seek opportunities to restart the long-stalled V.C. Summer nuclear power plant project. This state-owned public utility company is hoping that the surge in demand for electricity driven by data center construction will help revitalize this long-dormant asset.