Oklo (OKLO) Jumps 10% as NASA Planning Nuclear Reactor on Moon

We recently published 10 Stocks With Surprising Gains Amid Market Meltdown. Oklo Inc. (NYSE:OKLO) is one of the best-performing stocks on Tuesday.

Oklo Inc. grew its share prices by another 10.05 percent on Tuesday to close at $84.09 each as investors gobbled up shares following the National Aeronautics and Space Administration’s (NASA) plans to build a nuclear reactor on the moon.

US Transport Secretary Sean Duffy, who was appointed temporary head of NASA, called for proposals from commercial companies to develop a reactor that could generate at least 100 kilowatts of power.

Oklo Inc. (NYSE:OKLO), alongside NuScale Power Corp., rallied alongside their counterparts during the session. While no specific firm has been named, investors were quick to speculate and place bets on companies that could potentially benefit from the plan.

In other news, Oklo Inc. (NYSE:OKLO) is set to announce the results of its financial and operating highlights for the second quarter and the first half of the year after market close on Monday, August 11. An investor call will take place at 5 PM on the same day.

In the first quarter of the year, Oklo Inc. (NYSE:OKLO) narrowed its net loss by 59 percent to $9.8 million from $24.02 million in the same period last year. Operational loss increased by 142 percent to $17.87 million from $7.37 million year-on-year.

While we acknowledge the potential of OKLO as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.