Oklo Inc. (NYSE: OKLO), an advanced nuclear technology company, issued a statement of support in response to the White House’s release of a series of executive orders focused on speeding up approval and adoption of advanced nuclear, reforming the Nuclear Regulatory Commission (NRC), restoring the domestic nuclear supply chain, and overhauling testing and licensing processes for advanced nuclear.
Oklo Inc. (NYSE: OKLO), an advanced nuclear technology company, announced today that it has signed a memorandum of understanding (MOU) with Korea Hydro & Nuclear Power (KHNP), a leader in nuclear operation and construction. The agreement outlines plans to collaborate on the development and global deployment of Oklo’s advanced nuclear technology.
Uranium and nuclear-themed ETFs surged on news of Trump's policy backing for the nuclear industry. The top performer was Global X Uranium ETF (URA), up 10%, while other ETFs like North Shore Global Uranium Mining ETF (URNM) and VanEck Uranium+Nuclear Energy ETF (NLR) also saw strong gains. This rally is driven by the potential for increased demand for nuclear power as an alternative to solar and wind energy. ETFs provide diversified exposure and lessen single-stock risk.
Investors and traders are closely monitoring the gap up and gap down stocks in today's session on Friday. Let's explore the market movements and identify the stocks with significant gaps.
Uranium stocks surge Friday morning as investors digested reports that President Donald Trump will sign a series of executive orders aimed at revitalizing the nuclear energy sector.
Sam Altman-backed Oklo Inc. (NYSE: OKLO) and Nano Nuclear Energy Inc surged 19.79% and 17.34%, respectively while nuclear utilities like Constellation Energy Corp (NASDAQ: CEG) and GE Vernova Inc. (NYSE: GEV) climbed 5.27% and 2.87%, each during the pre-market trading session on Friday ahead of President Donald Trump signing executive orders aimed at revitalizing the U.S. nuclear energy industry.
