How Tech Giants Are Powering Their Operations With Nuclear And Renewables [Forbes]
TeraWulf Inc. (WULF)
Company Research
Source: Forbes
In a noteworthy move, Amazon Web Services (AWS) recently acquired Talen Energy's 960MW data center campus in Pennsylvania, which draws power from the neighboring 2.5GW Susquehanna nuclear power station. The $650 million deal is not only a significant investment for AWS but also a clear indicator of a broader trend in the tech industry: companies are increasingly turning to nuclear and renewable energy sources to power their data center operations. AWS is not alone. Microsoft MSFT has taken a step toward nuclear power as well, signing a deal last year with Helion Energy, a private U.S. nuclear fusion company. Helion is expected to provide Microsoft with electricity after about five years, marking the first such power purchase agreement for fusion energy. While it remains to be seen whether Helion will be able to follow through on its ambitious promise to deliver reliable fusion energy in five years, the mere fact that such a reputable company as Microsoft was willing to sign on to t
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WULF
News
- Bitcoin Miners May Shift Focus to AI After Halving, CoinShares Says [Yahoo! Finance]Yahoo! Finance
- Bitcoin miners TeraWulf, Bitdeer snag Buy ratings from Rosenblatt [Seeking Alpha]Seeking Alpha
- TeraWulf Inc. (NASDAQ: WULF) is now covered by analysts at Rosenblatt Securities. They set a "buy" rating and a $4.20 price target on the stock.MarketBeat
- TeraWulf Announces Continued Industry-Leading Cash Production and $30 Million Debt RepaymentGlobeNewswire
- TeraWulf Inc. (NASDAQ: WULF) had its price target lowered by analysts at B. Riley from $4.00 to $3.00. They now have a "buy" rating on the stock.MarketBeat
WULF
Earnings
- 11/13/23 - Miss
WULF
Sec Filings
- 4/17/24 - Form 8-K
- 4/8/24 - Form 8-K
- 4/5/24 - Form DEFA14A
- WULF's page on the SEC website