A new market leader has snuck into town over the past month as Small Caps have pushed to the top of the leader board. Whether the trend lasts, or not, will depend a lot on what the Fed does, but one thing is certain; after a year of tech-led mega caps setting new highs, investors have clearly shown an increased appetite for risk in the form of smaller, lesser known names.
Shares of advanced nuclear technology company Oklo are experiencing a pullback Tuesday. The stock is pulling back following a surge to a new all-time high on Monday.
Shares of advanced nuclear technology company Oklo hit a new all-time high. The milestone continues a remarkable upward trend for the stock, which has climbed over 1,300% in the past year.
Retail investors buzzed about five stocks this week, from Sept. 1 to 5, on platforms like X and Reddit’s r/WallStreetBets, amid market volatility and enthusiasm for AI.
Oklo Inc. (NYSE: OKLO) (“Oklo”), an advanced nuclear technology company, today announced plans to design, build, and operate a fuel recycling facility in Tennessee as the first phase of an advanced fuel center through investment totaling up to $1.68 billion and aiming to create more than 800 high-quality jobs. The initial investment will be for the construction of a facility to recycle used nuclear fuel into fuel for fast reactors like Oklo’s Aurora powerhouse and will be the first of its kind in the U.S., establishing a clean, reliable energy supply.
