Oklo

OKLO

Market cap $23.9B

The 'Fast Money' traders talk Oklo's market reversal after surging.

Forget "hot tech"—this year's explosive winner isn't a chipmaker or an AI play. Oklo Inc. (NYSE:OKLO) has seen its shares surge nearly 700% year-to-date, outperforming the S&P 500's 12% gain.

The Department of Energy, under President Donald Trump, has moved aggressively to invigorate the domestic nuclear sector.

The U.S. Army on Tuesday launched a program to build micro nuclear reactors. Investors have speculated heavily on the fortunes of NuScale, Oklo and Nano Nuclear despite the fact that none of the companies have deployed a reactor yet.

Oklo (OKLO 1.17%) is redefining the future of clean energy with its compact Aurora Powerhouse reactors designed to deliver scalable, carbon-free power. But can this ambitious company overcome regulatory and operational hurdles to realize its potential?

Hilary Kramer looks at payment stocks; she likes Klarna (KLAR) because of its relationship with Amazon (AMZN), and Jefferson Capital (JCAP). In energy, she likes Oklo (OKLO), citing pressures on the grid.

Shares of Oklo (OKLO 5.92%) are rising on Tuesday, up 6.4% as of 2:07 p.m. ET. The move comes as the S&P 500 (^GSPC 0.20%) gained 0.2%, while the Nasdaq Composite (^IXIC -0.29%) lost 0.3%.

OKLO's meteoric rise has dazzled Wall Street, but deep losses, dilution risk, and slow regulatory paths may test investor patience.

Oklo Inc. (NYSE: OKLO), the advanced nuclear technology firm developing small modular reactors (SMRs), has emerged as one of the most remarkable stock market narratives of 2025. Shares are currently trading at approximately $168, having increased more than seven times year-to-date, as investors speculate on nuclear's capability to power AI data centers, industrial sites, and the overall transition to clean energy.

Initiate coverage on Terrestrial Energy with a Buy rating as it goes public via SPAC HCM II Acquisition Corp. HOND is developing an integral molten salt reactor to meet rising energy demand and support decarbonization and AI-driven growth. The company stands out among small modular reactor developers due to positive regulatory momentum, strong leadership, and technological advantages.