Cameco Goes Nuclear, And So Does Wall Street

Cameco Corp (TSX: CCO) just went nuclear… literally.

The Canadian uranium giant and Brookfield Asset Management (TSX: BAM) have struck an $80 billion partnership with the U.S. government to build a fleet of Westinghouse reactors across America.

This historic deal isn’t just about energy, it’s about national security, clean power, and a renewed commitment to technological independence. As Commerce Secretary Howard Lutnick put it, this partnership “supports our national security objectives and enhances our critical infrastructure.”

Cameco’s stock soared over 20% on the news, and for good reason. This partnership isn’t just about power, it’s about purpose. The collaboration brings together Canadian resources, American resolve, and Westinghouse’s world-class innovation to reshape the global energy map.

JPMorgan and Agnico Eagle Pour $255 Million into Perpetua Resources’ Stibnite Project

JPMorgan Chase & Co. and Agnico Eagle Mines Ltd. (TSX: AEM) have just poured $255 million into Perpetua Resources (NASDAQ, TSX: PPTA), propelling Idaho’s Stibnite gold-antimony project into the spotlight as one of the West’s most important critical mineral developments.

Led by Doug Petno, JPMorgan’s investment — part of its $1.5 trillion Security and Resiliency Initiative — cements Wall Street’s commitment to U.S. mineral independence. Meanwhile, Agnico Eagle brings proven operational excellence and deep mining experience from Canada’s Arctic to Idaho’s core.

This follows a growing trend of institutional support across the sector. The U.S. Export-Import Bank is considering a financing package, while other players like United States Antimony Corp. (NYSE-A: UAMY) and Military Metals Corp. (OTCQB: MILIF | CSE: MILI) advance antimony projects in Montana and Nova Scotia.

Perpetua is also in talks with Glencore (LON: GLEN), Trafigura, Clarios, and Sunshine Silver to secure refining partnerships, a critical next step in closing the Western supply chain gap.

Backed by policies from the Trump administration, and momentum across Washington, this is more than a mining deal, it’s a strategic pivot in how the West secures its future.

AMD and DOE Launch Billion-Dollar Supercomputing Revolution

The U.S. Department of Energy (DOE) has partnered with Advanced Micro Devices (NASDAQ: AMD) under the leadership of CEO Lisa Su to construct two next-gen supercomputers, Lux and Discovery, backed by Energy Secretary Chris Wright.

These billion-dollar machines will be powered by AMD’s Instinct MI355X and MI430 chips, in collaboration with Hewlett Packard Enterprise (HPE), Oracle Cloud Infrastructure, and the Oak Ridge National Laboratory (ORNL) under Director Stephen Streiffer.

Lux will arrive in 2026, and Discovery, 3.5x more powerful than Frontier, will debut in 2029. Their missions? Unlock fusion energy, accelerate cancer research, and bolster U.S. defense simulations.

This is a defining moment in America’s AI race—one that challenges Nvidia’s dominance and reasserts U.S. leadership in high-performance computing.

The supercomputing era just got a whole lot faster.

From “Sell” to “Smell the Roses”: Goldman Sachs Finds the Sweet Spot in Victoria’s Secret

After years of turbulence, Victoria’s Secret (NYSE: VSCO) just got a much-needed vote of confidence.

Goldman Sachs upgraded the stock from Sell to Neutral, boosting its price target to $32 as part of a growing belief that the company’s “Path to Potential” strategy is working. From leaner operations to the revival of its Fashion Show on Prime Video, Victoria’s Secret is finally recapturing some of the magic that once defined its brand.

With Q2 2025 earnings crushing expectations and shares already up 89% since landing on Goldman’s sell list, this upgrade signals more than just optimism—it marks a tangible shift in sentiment on Wall Street.

Could this be the comeback of the year for retail?

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