Only in America: From toilet-cleaning immigrant to billionaire Jensen Huang used to clean toilets at Denny’s. He founded Nvidia $NVDA with two buddies at a booth in that same Denny’s 30 years ago. Nvidia is now the world's second most valuable company. Huang is worth over $100 billion. Only in America! America’s top 10 “rich list” is always in flux. Musk and Bezos top the US charts today. In Europe, it’s mostly old money and inherited wealth: the CEO of 170-year-old fashion house Louis Vuitton; the heir of L’Oréal, the son of a shipping tycoon. Growing up in Ireland, it felt like your “lot in life” was predetermined. Starting a business was discouraged. But in America, millions of people go from poor to rich by starting their own businesses. Jensen Huang sums up everything that’s great about America. The American dream is alive and well.

I had the pleasure of chatting with Louis Gave (@gave_vincent)--CEO of Hong Kong money manager Gavekal--in London recently. Louis has been investing in China for almost 30 years. When it comes to REALLY understanding China, Louis is second to none. Insights from our chat ⬇️🧵

The world spent $4 trillion+ over the past two decades on the clean energy transition ($1 trillion in 2022 alone) Imagine if instead of funding "renewables"... we had spent it developing and deploying a new generation of #NuclearEnergy The cleanest... safest... most reliable energy source known to man "Too cheap to meter" might've been our reality @LoftusSteve @scienceisstrat1 @quakes99 @uraniuminsider @Yellowbull11 @ramez @NatBullard

Can you believe supersonic flight was illegal for 52 years? Supersonic flight can get you from NY to London in 2.5 hours, instead of the 8 hours it currently takes. We’ve had the technology to do this since the 1970s... BUT🧵

The investment case for #uranium in 5 charts

MEGA THREAD for all the #uranium bulls and #nuclear non believers Legendary director @TheOliverStone recently released @NuclearNowFilm Here's the key takeaways, lessons, insights from the most important documentary of the last decade @quakes99 @uraniuminsider @Yellowbull11

"Red Bull?" Not water... Valar Atomics @valaratomics secretary offered us a Red Bull at 4pm. Says everything you need to know about the energy in El Segundo, CA This place is special, the next Silicon Valley. I’m convinced the next trillion-dollar companies are hatching here🧵

The top performing energy stock so far this year? Cameo $CCJ I've owned the #uranium giant since 2018. Here's why it's headed higher...

What if I told you we’re on the cusp of a #nuclear renaissance? #NuclearEnergy is coming off its most pivotal year in half a century. Every major government is doing a U-turn in favor of nuclear

Great chatting with the rainmaker himself @ADoricko

The "Exxon of #uranium" Cameco $CCJ just hit its highest price since since March 2011 #Uranium price also at decade highs What is the market telling us? We're on the cusp of a #nuclear renaissance @quakes99 @Yellowbull11 @uraniuminsider

After almost two years of consolidation, the “Exxon Mobil” of #uranium Cameco $CCJ looks like its breaking out Here's why its time to buy...

#Uranium giant Cameco $CCJ out with earnings Here's the key takeaways for investors:

One of my favorite quotes is from Ed Thorpe’s autobiography, A Man for All Markets. It’s: “I think each hour spent on fitness is one day less that I’ll spend in a hospital.” Whether you’re 18 or 80, exercise is essential. You won’t only look better, you’ll also feel more alive. Stay fit. Your mind and your money will thank you.

Great to chat with @isaiah_p_taylor and see what the @valaratomics team is building Make nuclear great again

$CCJ breaking out You're not bullish enough #uranium #nuclear

Congrats to degrowthers. Remember: economic growth, energy usage and rising living standards are bad, mkay? @beffjezos @JimPethokoukis @johanknorberg

Argentina's monthly inflation was running at 26% when Milei took over. It’s down to around 4% now, the lowest in almost three years. Freedom is like a magic healing balm for the economy. I’m rooting for Milei.

Investors have PTSD The S&P 500 is up 19% this year. It’s within a few percent of erasing 2022’s brutal decline DOZENS is stocks surged triple digits Yet Wall Street strategists just issued their most bearish second half outlook on record… And money managers are all in cash? What gives? @the_chart_life @allstarcharts @awealthofcs @morganhousel @PauloMacro @RyanDetrick @ckaiwu

#Nuclear renaissance rolls on Japan is planning to subsidize required upgrades at idled nuclear power plants French energy giant EDF plans to boost #nuclear output by 30% by 2025 UK launches the “Great British Nuclear” initiative which will provide $205 million to companies developing SMR's #Uranium bulls, are you bullish enough? @quakes99 @uraniuminsider @U_Ag_ @wolfejosh

What most people missed is that this memecoin circus wasn’t an accident. It was engineered by regulators. They purposely created a twisted system where joke tokens flourished while real innovation froze. “Mememakers” can easily create and launch tokens. But entrepreneurs trying to build real products step in regulatory quicksand. Want to launch a dog token? No problem. Want to build actual financial infrastructure? Here’s your subpoena. SEC would hunt down and sue innovators who built something useful. We lived in a bizarro world where the only projects regulators allowed were cryptos that obviously had no underlying value. It’s as if trading GameStop meme stocks was fine but investing in Amazon or Apple was illegal. Picture a world where Jeff Bezos went to jail for launching Amazon’s online bookstore. That’s the twisted reality crypto builders have faced for four years. This was by design. Create a circus atmosphere, flood the market with joke coins, then point and say, “See? It’s all just gambling. Shut it down.” The results were predictable. Brian Armstrong, reports about 1 million new tokens are being created weekly. Most are worthless memecoins. The progression was swift—from anonymous creators to D-list celebrities, and the president himself. When the president of the United States launches a memecoin, you know we’ve hit peak absurdity. The casino will keep running, but the spotlight is shifting. Fast. Memecoins sucked up all the attention and money. As this mania fades, quality projects with real utility are about to take center stage. The next few years will reward investors with long-term thinking and a deep understanding of markets. It’s time to focus on what really matters.

If you had to choose, would you send your kid to Harvard or University of Austin (UATX) @uaustinorg ? Here's what we think ⬇️ @dan_steinhart @RationalOptSoc

The two biggest risks in crypto right now Binance and Tether I was recently chatting with my friend, who is a London hedge fund manager He wants to trade crypto, but there's no good exchange to buy and sell on FTX is gone Coinbase doesn't offer derivatives And Binance...

The decade-long #uranium bloodbath is over. Prepare yourself for a historic bull market.

Great to see the Terraformer himself @CJHandmer The machine that makes cheap fuel out of thin air @TerraformIndies

I was raised in inner-city Dublin and never met my dad. One St. Patrick’s Day my neighbor was drunkenly killed with a golf club. It’s a miracle I got out of that place. Technology—the internet—saved my life, almost literally. I want to make the world more rationally optimistic to give the next million kids in rough situations the best chance to flourish..

The decade-long uranium bloodbath is over. Prepare yourself for a historic bull market. @wolfejosh @santiagoroel @JasonYanowitz @RaoulGMI

Nuclear power has been out in the cold for the past 50 years. Regulators basically made it illegal to build new power plants in America. But now nuclear has powerful, deep-pocketed new friends: Big tech. Mark my words: AI will fuel a nuclear renaissance in America.

In the 1990s, scientists studying the Gila monster discovered it can survive on one meal per month.  They created a synthetic version of this lizard’s spit and turned it into the most important drug of the 21st century: semaglutide. You likely know it as Ozempic or Wegovy. Semaglutide was originally invented as a diabetes treatment. But it’s morphed into a medical Swiss Army knife tackling every modern health nightmare. First, we discovered semaglutide melts fat off waistlines. When future historians write about 2024, they might mark it as the year humanity first gained control over obesity. In a slew of recent trials, doctors discovered semaglutide also: Treats Alzheimer's, staves off Arthritis, reduces heart attacks and strokes, suppresses addiction, and lowers the risk of developing kidney, pancreatic, ovarian, liver, and colorectal cancers. Semaglutide is proving to be a reset button for human health, helping people drink less alcohol and reduce drug addictions too. It's rewiring the brain’s reward system, helping people find less pleasure in harmful substances and behaviors. This “miracle in a syringe” will reshape entire societies. Imagine what America would look like if it were thinner and less diabetic. How might communities change if addiction became more treatable? All from a curious investigation into the saliva of a desert lizard!

Good news for The West's largest #uranium producer Cameco $CCJ New @EIAgov data shows US #nuclear power plants got most of their uranium from Canada last year Bulk of this likely supplied by Cameco Shipments from Kazakhstan down 40% $CCJ breaking out to 12 year highs. Bullish Bigger the base, the higher in space, right @allstarcharts @RyanDetrick @sentimentrader

The best-performing stock market of 2024 is… Argentina. The Global X MSCI Argentina ETF $ARGT is doubling the S&P 500’s performance. Argentina’s new president Javier Milei @JMilei is doing something radical. He's letting free markets work. Lex Fridman @lexfridman interviewed Milei recently. It’s worth a listen because Milei’s deregulatory agenda is the blueprint for Elon Musk’s @elonmusk “DOGE” aimed at cutting government waste and red tape. In 2020, the Argentine government decided to "help" renters with strict new rules. Landlords had to offer three-year contracts, and they couldn’t raise rent much even as inflation was rampaging. The results were predictable. Rents jumped 1,800% in four years. Since Milei scrapped these damaging regulations 12 months ago, the number of rentals in Buenos Aires has tripled while rent prices have tumbled 40%. Fridman’s interview with Milei was great for another reason: AI. Milei speaks Spanish. Lex speaks English. No problemo. AI tool ElevenLabs @elevenlabs acts as a hyper-realistic translator and made it sound like a fully English conversation. ElevenLabs isn't just breaking down language barriers. It's preserving human voices. With just a few minutes of voice recordings, ElevenLabs can produce highly realistic replicas of your voice. It’s like a time capsule for sound, which is a game changer for folks suffering from diseases like ALS. ElevenLabs allows them to keep speaking in their own voice through their computer, even after they physically can't. Clone your voice and keep it forever, just in case. Between this and Neuralink’s @neuralink blindsight device that aims at restoring sight, we're entering an era where losing your ability to see or speak isn't necessarily permanent. How great is that?

More countries have produced a nuclear bomb than mass-produced a jet engine. h/t @_brianpotter

I present to you… Seagull. Great to meet @DavidZagaynov and the Poseidon team. Came out of stealth yesterday. Watch this space. U-S-A

Every contracting cycle in history has coincided with a huge spike in #uranium prices. Between 2005–2012 plant operators contracted over 1.5 billion lbs of uranium. As buyers poured into the market, prices surged to record highs. @quakes99 @uraniuminsider

4 more contenders @AlecStapp

They told me the #nuclear renaissance was priced in, but all I see is Cameco $CCJ hitting 12 year highs.

I’m sad about Europe's future. The continent has become a museum for rich Americans to visit on summer vacations. Tech progress has essentially been outlawed here. I want my kids to grow up in a land of “strivers,” not in one that feels like Groundhog Day.

Phones are one hell of a drug. And if we don’t set ironclad rules about how we use them, they will ruin us. Here’s what I recommend to my readers: #1: Do not buy a smartphone for your child. The evidence is overwhelming. Giving your kid an iPhone is a very, very bad idea. If they need a phone, buy a flip phone that only calls and texts. You’ll be able to reach your kids, and their brains won’t be melted by Instagram. Yes, this will make you an unpopular parent. Sometimes you have to choose between popularity and your kid’s well-being. A few years from now every half-decent parent will do this. Let’s get ahead of the curve. No time to waste. #2: Lead by example. Don’t tell your kids to stay off Instagram when you scroll through Facebook. Show them—with your actions—to avoid this toxic stuff. When you are at home, don’t have your phone next to you unless you’re expecting an important work call. Put it in a special place so you won’t constantly check it. Put the phone down. You won’t regret it.

The worst lie ever told is that capitalism is bad for poor people. Truth is, it’s the best system in history for the less fortunate. Try getting a good-paying job in a socialist country (good luck). Capitalism also drives down prices to the point where things that were once luxuries are now affordable. When residential microwaves hit the market in 1955, they cost $1,295. Today, you can pick one up at Walmart for $55. You can get 24 microwaves today for the same price of one in 1955. Same deal with TVs, and it’s all thanks to capitalism. More freedom and less government makes every country better.

Q: Any other important insights for investors? A: I’ve been bullish on gold, and it’s amazingly gone up with both a strong dollar and real rates. But now with China looking up, it looks like gold is stalling out. This gold run has been driven by the Chinese confidence crisis. Entrepreneurs have been scared stiff by the threat of tariffs and the regulatory crackdown. Why build a new factory against such uncertainty? Instead, they kept their cash in the bank. Bank deposits in Hong Kong surged by over $200 billion in the past year. They also bought a ton of gold. With consumer confidence returning in China, I think money comes out of gold and into Chinese assets.

Learning curves are the 8th wonder of the world @Andercot And there's some hope. South Korea slashed the cost of constructing nuclear plants in half from 1971 to 2008. Why? They build fleets of reactors rather than one at a time. The more you build, the cheaper they get. Even seeing this in the UK and US EDF: welding on the second reactor at Hinkley Point C is being done four times faster than on the first one, FOR 30% less cost. Jigar Shah, director of the DOE's Loan Programs Office: the cost of Vogtle Unit 4 was 30% less than for Unit 3 Long learning curves

Game on for the contacting cycle: “With over 118 million pounds of long-term contracting industry wide so far this year... we believe there is clear evidence that the broader uranium market is moving toward replacement-rate contracting...

Sprott Uranium Trust hitting fresh 52 week highs And they told me the nuclear renaissance was priced in #uranium prices also continue to inch higher @quakes99 @Yellowbull11 @uraniuminsider @JekyllCapital

Data from the @EIAgov shows inventory levels for US nuclear utilities sit at just 16 months today. That’s the lowest levels since 2012 Inventories are as low as they can go. Utilities have no choice but to start signing long term contracts @Yellowbull11

Great post on this @RichardHanania noahpinion.blog/p/california…

#nuclear renaissance The world is quickly waking up to the reality we need nuclear for clean energy future. Nuclear is coming off its most pivotal quarter in half a century. Every major government did a U-turn in favor of nuclear in the past few months. @SegraCapital

"Capitalism is bad for poor people"

Q: Why should American investors pay attention to Chinese stocks? A: Because when China enters an industry, you can kiss profits goodbye. We saw this with solar panels, steel, and aluminum. Next, we’ll see it in AI, cars, and chips. With DeepSeek entering the fray, I think OpenAI is cooked. China plays what I call “the hunger games of capitalism.” It has many players, is brutally competitive, and leaves lots of dead bodies (metaphorically speaking) along the way.

There's a big myth going around about solar and wind energy Have you heard this "fact"? Solar and wind are the cheapest forms of energy Cheaper than oil, gas and #nuclear Let's throughly debunk this myth @quakes99 @ramez @NatBullard @globallithium @wolfejosh @DoombergT

It’s 5:30pm on Friday in downtown El Segundo... I'm watching Ted Feldmann @tfeldmann & his team at @durinmining tackle a national security crisis hiding in plain sight. And they’re doing it with the kind of pragmatism America used to be famous for, starting from the ground up🧵

The contracting cycle The most important factor for the uranium price, and for choosing the right time to invest… is the contracting cycle. Every contracting cycle in history has coincided with a huge spike in uranium prices. Volumes on track for their best year in a decade

AI models are like a flashlight in a dark warehouse. How you phrase your question is like aiming that beam. Sweep it too broadly and you'll just get a dim view of everything. Focus it precisely and you'll illuminate exactly what you need.

#Nuclear renaissance: Made in America edition Yesterday, the US Senate voted 96-3 in favor of the Nuclear Fuel Security Act It will establish a nuclear fuel program to ensure nuclear fuel is once again "Made in USA" The #uranium market is splitting into two... @wolfejosh

Great day of meetings at @uaustinorg This is how you start a new elite university

Make nuclear great again... Americans most pro-nuclear in over a decade. @Gallup We winning @wolfejosh @dwr @Noahpinion @elidourado @tylercowen

Geothermal 1.0 was primitive. Geothermal 2.0 is like precision surgery for the Earth. And three small companies—each with a distinct approach—are leading the charge. 🧵⬇️

Q:Historically, Chinese investors haven’t been huge buyers of stocks. What changes that? A: The Chinese are big gamblers. They’re momentum players. If you visit the casinos in Macau and black comes up 10 times in a row, everyone at the table will bet black. Whereas in the West, we’re more “reversion to the mean” investors. Chinese investors will pile in when prices start rising. And, ultimately, local cash—not foreign funds—will drive the China bull market. Consumers have also been given repeated “green lights” from Beijing that back a new equity investment culture in China.

WTF Happened in 1800?

#Uranium prices Fukushima plunged the entire uranium industry into a depression. In 2011 there were almost 600 operating uranium companies. There’s less than 50 today. Most uranium stocks went to zero. Now prices at at their highest level in over a decade @hkuppy

Sometimes you need a trailblazer like Anduril and its eccentric founder, Palmer Luckey @PalmerLuckey. Someone to stand up and say, "Hey, we're proud to be American and want to help America stay No. 1." Within five years, I think Anduril will be as well-known as Lockheed Martin

Cameco is the “Exxon Mobil” of #uranium It’s the world’s second-largest uranium producer, behind Kazatomprom Cameco’s McArthur River mine in northern Canada is the world’s largest high-grade uranium mine. The quality of its uranium is 100X better than the global average.

SpaceX is the single most important company in America today. It’s the Roger Bannister of innovators. We used to think it was impossible to run a mile under four minutes. Then Roger Bannister did it in 1954, and something strange happened. Over 40 runners beat the clock in the next few years. The barrier was never physical. It was psychological. By launching the largest-ever flying object (5,000 tons) into orbit... by catching the Starship rocket booster with 'chopsticks'/mechanical arms... and so many more examples... SpaceX is showing that it’s possible to do really hard things. Imagine all the innovators inspired by this achievement who’ll go on to found billion-dollar companies. Future's BRIGHT!

My latest Rational Optimist Diary Terraform Industries @CJHandmer How to solve California’s droughts Turning seawater into drinking water Why energy is the master resource Innovation > degrowth

#Nuclear plants power one in five American homes Do you know where nearly half of their #uranium comes from? It’s imported from Russia (14%) and its close ally, Kazakhstan (35%) Here's how a little known Russian company has a chokehold on the #uranium market @quakes99

Underfeeding dumped 20 million lbs. of #uranium into the market each year over the past decade. Our research suggests overfeeding could take 20 million lbs. of uranium out of the market per year for the next 2-3 years That’s a 40-million-pound swing in favor of higher prices

And #uranium prices are emerging from a decade long bear market.

Always great to see our friends at @uaustinorg Mark my words: In the next decade this will be the premier education institution in America

Q: Why were Western investors caught off guard by tech innovations coming out of China, like DeepSeek? A: For years, our Beijing office would host at least one visitor from abroad every day. Then COVID hit. For three years, no visitor crossed our threshold. Foot traffic hasn’t picked up since restrictions eased. Most CEOs and investors missed how China leapfrogged the West in industry over the last five years because no one from the West bothered to visit. Reading Western media, you’d think China is a place of despondence and despair—that it’s permanently on the cusp of social disorder and revolution. In reality, China’s tech game is leveling up fast. It’s pulled ahead in 5G, even announcing a 6G satellite-to-Earth breakthrough at the beginning of January. It has a high-speed rail network… trains that zip through the country at 450 km/h… and is the biggest robot and auto producer in the world. Look at BYD’s new car. It’s a hybrid, and it’s so efficient it can drive from London to Rome on a single tank of gas. Five years ago, nobody wanted to own a BYD. Now, everyone does.

Long Ozempic

Solid quarter from Cameco $CCJ Continuing to sign long term contracts and show restraint on #uranium production Stock jumped 50% YTD and just hit 12 year highs. Don't be shaken if it sells off. Dips are to be bought Long since 2018, we're going higher riskhedge.com/post/how-well-…

we expect industry long-term contracting volumes in 2023 to exceed those in each of the last 10 years." Deliveries: Cameco $CCJ delivered 15.2 million lbs. of #uranium to #nuclear utilities at an average realized price 11% higher than in the same period last year

Raises guidance: Cameco hikes revenue outlook to between $2.4 billion and $2.5 billion, from $2.2 billion and $2.4 billion $CCJ revenues down 14% YoY reflecting lumpy delivery volumes

#Nuclear renaissance alert Canada to build the worlds largest nuclear power plant And where will it source the #uranium needed to power those giant reactors? From Canada’s largest uranium producer, Cameco $CCJ @Yellowbull11 @uraniuminsider @quakes99 @JekyllCapital bloomberg.com/news/articles/…

Cameco $CCJ hitting fresh 12 year highs ahead of earnings tomorrow #Uranium prices now 3x off the low and inching higher. Is $50 the new floor? Will be interesting to hear $CCJ commentary on the contracting cycle tomorrow And they told me the #nuclear renaissance was priced in

After a decade+ in purgatory.... it's nuclear's time to shine. A thread on how investors should think about #nuclear and #uranium as @TheOliverStone releases @NuclearNowFilm

Tell me this and tell me no more... Would companies making excavators, dump trucks and tractors like Caterpillar $CAT and John Deere $DE be breaking out to new highs if the global economy was on the brink? I was told only 7 stocks were going up, so weird.

Inventories Inventories is a measure of how much uranium power plants hold in reserve Nuclear plants typically keep between 2–3 years’ worth of uranium on hand for security reasons. The costs of shutting down and restarting a nuclear plant are hundreds of millions of dollars.

According to @IEA Denmark generates over half of its power from solar and wind Should be the cheapest energy in the world so? Not quite... @LoftusSteve @BowTiedMara

Capitalism makes stuff CHEAPER Governments make things EXPENSIVE (New) Chart of the century from @Mark_J_Perry

Q: China is a huge country with 1.4 billion people. Millions of people visit the mainland each year. Every major news outlet has an office there. Why, then, is it such an enigma? A: Because investors always look at China with a negative bias. Their emotions cloud the facts. China now makes the best cars in the world. That’s a fact, but stating it gets you accused of being a CCP (Chinese Communist Party) shill.

Rebuilding the Empire State w/ @FilArons

SpaceX of the sea @willob

Q: The narrative in the West is that China’s economy is collapsing. What’s really going on? A: China deliberately pricked its own property bubble in 2018, when it decided to stop loaning money to developers. The economy is now emerging from that six-year bust. I find it strange when people say China’s economy is imploding because car sales, as just one example, are at record highs.

Q: Which sectors of the Chinese stock market are most attractive? A: Look at the recent gathering between President Xi and tech entrepreneurs. Of course, the big guys like Alibaba, Huawei, and ByteDance were there. But it was mostly leaders of hardware companies. President Xi and the rest of the politburo are engineers. They’re old-school communists. They believe if you don’t have grease and dirt under your nails at the end of the day, you’re not really working. They generally distain software companies, especially ones like DiDi Global—China’s Uber—which takes a tax on each transaction. That’s why I prefer to own hardware companies.

By “spinning” only 4 lbs. of uranium for much longer, they could make the same amount of nuclear fuel. This is known as underfeeding Enrichers then dump the leftover uranium onto the market. Over the past decade underfeeding made up 10% of annual supply This trend is reversing

Great to see @MattLoszak and the @AaloAtomics crew again When I last visited in October Aalo had just moved into their new 40,000 sq.ft factory. It was empty. I come back less than a year later to find a factory humming with activity and the “Aalo 0” test reactor. Moving fast!

The US government says 7.2 million homes and businesses lack broadband access. The $42.5 billion it plans to spend digging up roads and laying cable would be enough to buy a Starlink dish for each location and give them a three-year subscription.

Underfeeding After raw uranium is pulled out of the ground, its sent to enrichment facilities and converted into nuclear fuel. As uranium demand fell off a cliff, so too did enrichment orders. @quakes99

Great visiting @AlphaSchoolATX and @mackenzieprice with @mattwridley After talking to Alpha kids you can’t help walk away optimistic about the future

#nuclear renaissance rolls on Japan restarts first nuclear reactor since 2021 Fukui Prefecture has been restarted after being taken offline more than 12 years ago @quakes99 @uraniuminsider @U_Ag_ @JekyllCapital world-nuclear-news.org/Artic…

Agree. Cliché, but man this is a hated rally. Max pain for the bears is tech goes sideways but the rest of the market catches up and index keeps grinding higher Rotation already happening. Look at 1 month vs YTD sector performance @PauloMacro

Cameco also controls 20% of the uranium “conversion” market. The conversion market is a critical step in making nuclear fuel. It involves converting the yellow uranium powder into a gas, which is then enriched to produce fuel.

Environmentalists are the biggest threat to the environment @wolfejosh

Russia controls 40% of the uranium enrichment market. Without getting into the weeds, it accounted for the vast majority of underfeeding. But due to the ongoing war in Ukraine, western utilities are pivoting away from Russian enrichment. @uraniuminsider

Cameco's fuel services (#uranium conversion and other businesses) jumped 14% Cameco currently runs one of the only operating North American converters

This was a disastrous unforced error, as my friend Alex Tabarrok @ATabarrok from Marginal Revolution explained recently. Instead of banning LOUD planes, they banned fast planes. Innovation killer. Instead of trying to solve the loudness problem, we just… stopped trying.

The #AI boom rolls on. Using Runway's AI software, CBS cut its editing time on The Late Show from five hours to five minutes. Good job @wolfejosh We're witnessing the birth of the AI app layer bloomberg.com/news/articles/…

Any normal business could idle its factories during a slowdown. But enrichment machines can’t be shut down. They must keep spinning at full throttle Enrichers came up with a clever plan. Say it usually takes 5 lbs. of uranium to make a pound of nuclear fuel... @JekyllCapital

America’s largest drone producer by an order of magnitude (soon) Thanks for having us @OHichwa

$CCJ is “leveraged” to the uranium price. That means when uranium prices move an inch, Cameco can move a mile. While the uranium price 9X’d… Cameco’s stock jumped 13X. @quakes99 @Sprott @uraniuminsider @AmirAdnani @MarinKatusa