Nuclear stocks surge
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NuScale Power ( SMR) – A leader in small modular reactors (SMRs), with its scalable VOYGR™ power module capable of generating 77 megawatts each. Their clean, compact designs are ideal for data centers and industrial AI zones.
Nano Nuclear Energy (NNE), and Oklo (OKLO) pop as President Trump is expected to ease regulations and speed up reactor development. Nano Nuclear Energy founder, executive chairman, and president Jay Yu joins Morning Brief to discuss how new executive orders could fast-track advanced nuclear technology and reshape the energy landscape.
Nuclear Stocks Oklo, Nano Nuclear, Constellation Energy Surge In Friday Pre-Market: What's Going On?
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.
Uranium miner Energy Fuels ( UUUU 19.89%) received a major boost to its stock on Friday from one of the most powerful market movers lately -- President Donald Trump.
Toronto stocks were about flat Friday mid-session, with a broad-based pull downward from most sectors. Process industries, health-tech and communications stocks were among the main laggards, while strong gains in materials stocks helped offset the worst of the losses. Health-services and retail stocks were also ahead.
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Apple falls after President Donald Trump says the tech giant will have to pay a tariff of at least 25% for iPhones made outside the United States, while Tesla stock slips and is on pace to end a four-week winning streak.
Agentic AI push continues: Workday ( WDAY 1.33%) is down almost 7% ahead of the market opening despite having a 13% uplift in subscription revenue and a high revenue retention rate. However, guidance for the coming quarter was below estimates, disappointing investors.