US Stock Movement | Cameco surges over 21% after signing $80 billion nuclear power agreement with the US government and others
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On Tuesday, Cameco surged over 21%, continuing to set new historical highs, with a cumulative increase of 104% this year. In terms of news, on October 28, Cameco signed a strategic cooperation agreement worth $80 billion with the U.S. government and Brookfield, planning to build Westinghouse nuclear reactors to meet the growing electricity demand of artificial intelligence. Cameco is a major global uranium mining company that provides key fuel supplies for nuclear reactors, directly benefiting from the expansion of the industry chain under this agreement
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