Texas-based Fluor has trailed the market for most of the year, but a winning bet on the future of nuclear power is paying off big and drawing new attention to the global construction and engineering company.
Risk-off sentiment dominated Wall Street on Friday, with selling pressure in AI-linked names intensifying and pushing technology stocks toward their worst week since April.
Fluor Corporation (NYSE: FLR) (“Fluor”) and NuScale Power Corporation (NYSE: SMR) (“NuScale”) today announced that they have reached an agreement regarding the conversion and monetization of Fluor’s remaining stake in NuScale, and have agreed to certain economic and other terms.
NuScale Power Corporation (NYSE: SMR) (“NuScale”, “NuScale Power” or the “Company”), the industry-leading provider of proprietary and innovative advanced SMR nuclear technology, today announced results for the third quarter ended September 30, 2025.
After a brief and cautious rebound on Wednesday, risk-off sentiment returned sharply on Thursday, with AI-linked stocks leading a broad selloff across Wall Street and renewed pressure hitting crypto markets.
