this whole sector will go parabolic at some stage. question is how patient people want to be. that big banks now back nuclear means large amount of funds will move into this sector at some point. When? Dont ask me. But expect hedge funds to move in first
"Wall Street is throwing its support behind nuclear energy.
Some 14 banks, including Goldman Sachs, are backing a drive to help triple global nuclear energy supply.Tech giants including Microsoft are also turning to nuclear energy to help power data centers.
Big Tech is getting excited about nuclear power — and now Wall Street wants a piece of the action.
14 of the world's largest financial institutions, including US giants Goldman Sachs, Morgan Stanley, and Bank of America, announced on Monday they would throw their support behind an effort to triple the world's nuclear energy capacity by 2050.
The banks, which also include Citi, Barclays and BNP Paribas have not said what steps they will take to help achieve this goal."
this whole sector will go parabolic at some stage. question is...
Add to My Watchlist
What is My Watchlist?