The shares of Oklo Inc (NYSE:OKLO) and Vistra Corp (NYSE:VST) are surging this morning, after both nuclear energy companies announced a 20-year deal with Meta Platforms (META) to provide power for its hyperscaler data center campus in Ohio.
Meta Platforms is betting big on nuclear energy to satisfy the insatiable appetite of its artificial-intelligence supercomputers.
Oklo (OKLO) stock experienced a 5-day winning streak, accumulating a total gain of 36% during this timeframe. The company's market capitalization has increased by approximately $3.9 Billion in the past 5 days, now totaling $15 Billion.
OKLO's fast reactor design taps decades of proven tech, aiming for safer operation and the ability to recycle nuclear waste.
The convergence of AI's immense processing needs and the Trump Administration's aggressive push for nuclear energy has created a unique "perfect storm" for the energy sector.
Oklo (NYSE:OKLO) shares continued to move higher on Tuesday, after the US federal government announced a $2.7 billion program to expand domestic uranium-enrichment capacity. Shares added almost 3% at about $91, building on an almost 15% surge on Monday.
If you're checking your portfolio at the end of December and you're invested in advanced nuclear, the view can look ugly. The industry, a darling of the 2025 market, is currently flashing red warnings to end the year.
OKLO's one-step NRC licensing strategy could speed up deployment by reusing approvals across future sites.
Oklo is designing small, compact reactors that can supply continuous power to data centers. The company is pre-revenue, yet is a large-cap stock.
With nuclear demand climbing, OKLO is gaining ground in small modular reactors with a scalable model, while SMR works through execution risks.
OKLO advances fast-reactor tech using surplus plutonium, turning Cold War waste into a nuclear energy asset.
Oklo CEO Jacob DeWitte joins ‘Squawk on the Street' following to discuss turning plutonium stockpiles into energy, Oklo's reactor concept and more.