Astronaut in the Capital Market

The media article:   Bakkt falls as Trump’s Truth.Fi launch seen taking acquisition off table | Markets Insider The only fact announced so far is that DJT is partnering with Charles Schwab for Truth.Fi's investments and strategy, with Charles Schwab providing custody services and broad advisory support for $250M of DJT's $700M in assets. Bakkt's primary business focuses on cryptocurrency trading platforms, unlike Charles Schwab, which offers integrated financial services for proprietary trading. This partnership seems to simply designate Charles Schwab as DJT's proprietary investment service provider. DJT has chosen Charles Schwab among the major US financial firms such as Fidelity, Vanguard, and Goldman Sachs. The choice of Schwab as a partner has political undertones, as founder Charles Schwab has historically been a significant Republican donor, and his granddaughter Samantha Schwab now serves as a deputy chief of staff at the Treasury Department. DJT's busi...

  Export ban on uranium from Russia Russian's ban on the uranium exports would bring some uncertainties to Centrus's business and, as far as I know, no one has estimated how big the impact is.  I have just noted the facts that Rosatom announced to seek for exemption to resume its supply to their customers right after Russia Government's announcement for the export ban, as well as Trump is close to Putin.  The Russia's export restrictions are unlikely to severely damage the United States, while they will have an immediate negative impact on Rosatom's business.  So I don't believe this risk lasts long (eventually, Russia's uranium exports are likely to resume under some exemptions).  The company's HALEU production is going at a slower pace than the target Centrus's HALEU production is the nation's first one.  It is not surprising that some delays occur. For example, cylinder shortages have delayed its HALEU plan ( Cylinder shortages hit Centrus HAL...

 I n the SMR industry, the only clear fact is that Centrus Energy will realize long-term high growth no matter what SMR technology would eventually prevail. Centrus has already secured business partnerships with X-energy, Oklo, and TerraPower. Most fourth-generation SMR designs require high-assay low-enriched uranium (HALEU) as their fuel. Note that Centrus has the only U.S. facility licensed to produce HALEU.