Why Nuclear Stock Oklo Jumped Today

Oklo stock surged on two major developments: the Trump administration's $200 million Department of Energy initiative to power AI data centers with advanced nuclear reactors, and approval of a landmark 30-year nuclear power agreement with Saudi Arabia valued at tens of billions of dollars. While these represent significant growth opportunities for U.S. nuclear companies, analysts caution that no concrete orders have been announced yet and the stock remains speculative.