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Oklo Stock Surges on U.S.-U.K. Nuclear Energy Partnership
Oklo Stock Surges on U.S.-U.K. Nuclear Energy Partnership
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BTCCSquare news:
Shares of Oklo, a developer of advanced nuclear reactors, jumped 19.4% following a $350 billion U.S.-U.K. partnership announcement focusing on AI, quantum computing, and nuclear energy. While the deal includes significant investments in modular reactors and micro nuclear plants, Oklo's direct benefit appears limited to a $5.3 million HALEU fuel supply agreement.
The market's bullish reaction suggests investor Optimism about broader sector tailwinds rather than immediate revenue impacts. Nuclear energy stocks are gaining attention as governments prioritize clean energy infrastructure, though Oklo's participation in the landmark deal remains peripheral.
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