Microsoft's Nuclear Deal Sparks A Meltup For Uranium Miners

By Geoffrey Morgan, Bloomberg Markets Live reporter

Uranium stocks have struggled this year — at least, they did until Microsoft threw them a lifeline with its blockbuster agreement to buy nuclear power from Constellation Energy’s Three Mile Island power plant.

The news of Microsoft’s power purchase agreement sent shares in nuclear power plants and uranium miners soaring.

Authored by Tyler Durden via ZeroHedge September 25th 2024