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The Biggest Premarket Movers: Babcock & Wilcox and Fermi Soar
['Eric Bleeker']
24/7 Wall St.
Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Fermi Inc. didn't make the cut.
Two AI power infrastructure names are ripping in premarket trade Tuesday.
Babcock & Wilcox: Earnings Blowout and Raised GuidanceBabcock & Wilcox delivered a Q2 print that few were positioned for.
In July, the board also authorized a $50.00 million share repurchase program.
The Bigger Picture: AI Power Is the TradeThe two moves share a common driver.