1. Talen Energy combines long-term nuclear contracts with flexible CCGT plants near data hubs, ensuring stable revenue and operational flexibility; 2. The company demonstrates disciplined capital allocation and strong liquidity, supporting shareholder value and strategic expansion; 3. It is well-positioned to capitalize on AI-driven demand growth and data center infrastructure needs, backed by a proven execution track record despite regulatory risks.

1. Constellation Energy leverages its zero-emission nuclear power plants and long-term power purchase agreements (PPAs) to capitalize on AI-driven data center growth; 2. The acquisition of Calpine will solidify its position as the largest U.S. independent power producer, enhancing portfolio diversification and financial metrics; 3. Its premium valuation reflects stable revenue from nuclear production tax credits (PTCs) and exclusive, decades-long contracts with tech giants like Microsoft and Meta.

1. Vistra's stock surged 61% since the 'Buy' rating; 2. The real driver of the Company's growth is the energy supply gap; 3. The stock's valuation appears extremely stretched, leading to a downgrade to 'Hold'.

➀ Taiwan is considering changing its nuclear energy policy due to the increasing demand for electricity from AI; ➁ The existing nuclear power facilities in Taiwan are aging, and there is only one operational plant in 2024; ➂ Taiwanese Premier Cho Jung-tai expressed openness to new nuclear technologies with proper safety measures and waste management.

1. Big Tech companies like Amazon, Google, and Microsoft are investing heavily in nuclear power to meet their data center and AI demands while aiming for clean energy goals. 2. Amazon has signed a deal with Dominion Energy to explore building a small modular nuclear reactor. 3. The investments have sparked a rise in the stocks of nuclear power plant developers and uranium-related companies.

1. Cameco Corporation benefits from reduced uranium production guidance in Kazakhstan, signaling potential supply shortages. 2. The company's strong assets, strategic partnerships, and solid financials position it well for growing global nuclear energy demand. 3. Despite high valuation, expected earnings growth and geopolitical tensions support a bullish long-term outlook for Cameco and the uranium sector.

➀ China plans to establish the world's first molten salt nuclear power station in the Gobi Desert by 2025, using thorium instead of uranium. ➁ Thorium reactors offer enhanced safety and produce less long-term nuclear waste compared to uranium-based reactors. ➂ The project aligns with China's strategy to diversify energy sources and enhance energy security, highlighting its leadership in global climate change initiatives.