If you hold a fund tracking the Nasdaq-100®, you own a nuclear fleet. Roughly 45 cents of every $100.
About 22 GW of nuclear capacity, ~60 GW combined after the Calpine deal, and one site most Americans know by its old name: Three Mile Island, restarting as the Crane Energy Center under a 20-year agreement with Microsoft.
The part worth understanding is the contracting math. Only 30% of clean baseload output is committed. The remaining 147 TWh a year is what the pipeline is drawing from, and what the valuation is anticipating.
https://www.nasdaq.com/articles/global-indexes/inside-the-index/ceg
$Invesco QQQ(QQQ)$ $Invesco NASDAQ 100 ETF(QQQM)$ $State Street SPDR Portfolio Nasdaq 100 ETF(QNDX)$ $iShares Nasdaq 100 ETF(IQQ)$
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