OKLO Stock Surges on Next-Gen Nuclear Energy Hype Amid US-UK Pact
OKLO's stock has nearly doubled this month, riding a wave of Optimism around small modular reactors (SMRs). The recent US-UK nuclear energy pact, aimed at accelerating advanced reactor development, has further fueled investor enthusiasm. Wedbush analyst Daniel Ives sees this as the dawn of a new era in nuclear energy.
Despite being a pre-revenue company with no operational reactors, OKLO's 1,617% annual gain reflects speculative fervor. Major tech firms like Microsoft and Google are driving demand for alternative energy to power AI data centers, adding momentum to the sector.