Deep Fission drops after Iceberg Research short report (FISN:NASDAQ)

Deep Fission (FISN) rose about 8.1% after it said the U.S. Department of Energy approved its Nuclear Safety Design Agreement for its underground gravity SMR. The company said the approval supports advancing its reactor design. The move is tied to DOE safety-design clearance, which investors may view as progress toward development.

Deep Fission Inc., which is developing an underground Gravity Reactor in Parsons, Kansas, plans an IPO of 2.5 million shares to raise more than $40 million, according to an SEC filing. It previously targeted about 6 million shares at $24–$26, but revised the offering to $16–$18. The company seeks Nasdaq listing under FISN and says its reactor is unproven; it drilled its first well and plans NRC licensing in early 2027.

China's Ministry of Industry and Information Technology may allow Alibaba and ByteDance to purchase Nvidia's RTX PRO 5500 cards, according to The Information. Nvidia stock closed at $225.07 on Friday. The move could address China's AI computing power shortage, though no confirmation has been made. Nvidia's stock has previously reacted to China-related news, with analysts currently bullish on the stock.

Meta Platforms (META) shares fell 4%, reducing Mark Zuckerberg's net worth by $8.9 billion to $257.5 billion, according to Forbes. The drop followed a Goldman Sachs warning about AI investment returns. Meta's stock had risen 36% in September before the decline, driven by its Muse AI assistant. Analysts remain optimistic about Meta's AI strategy and potential revenue.

Intel's stock surged 40% in September 2026, reaching $127 intraday, driven by Meta's AI agent rollout and CEO Lip-Bu Tan's comments on CPU demand. Q2 2026 revenue was $16.1B, up 25% YoY. Analysts raised price targets, but concerns arise over its 60x forward earnings valuation.

Atlas Energy Solutions Inc. (AESI) stock rose 15.38% after securing AI power-generation deals totaling 600 MW and a $340.5M contract. The company is transitioning to an energy infrastructure provider, with strong revenue growth but thin margins. Analysts see favorable risk/reward, with a medium-term fair value target of $16–18. The stock is technically bullish in the short term but faces execution risks.