Latest news with #nuclearenergy
Yahoo
an hour ago
- Business
- Yahoo
Should You Buy Oklo Stock for July 2025?
In Alaska's frozen frontier, power is not optional, but critical for survival. At Eielson Air Force Base, where resilience is mission-critical, nuclear energy is emerging as the dependable, clean solution, immune to fuel disruptions and extreme weather conditions. As the U.S. military explores energy solutions fit for the 21st century, nuclear microreactors are fast becoming a key strategic asset. And that's exactly where Oklo (OKLO) steps in. The California-based startup now stands at the edge of its biggest breakthrough yet. The company was recently issued a Notice of Intent to Award (NOITA) by the Defense Logistics Agency Energy (DLA Energy), on behalf of the Department of the Air Force (DAF) and the U.S. Department of Defense. Dear Nvidia Stock Fans, Watch This Event Today Closely Can Broadcom Stock Hit $400 in 2025? A $2 Billion Reason to Sell Super Micro Computer Stock Now Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. The potential deal would see Oklo deploy a 5 MW Aurora microreactor at Alaska's Eielson Air Force Base. That's tiny compared to traditional reactors, but purpose-built for isolated operations. If finalized, Oklo would design, own, and operate a pilot reactor delivering both electricity and heat to the base. The stock jumped on the news, but with regulatory hurdles still in play, should investors bet on the nuclear stock now? Founded in 2013 by MIT grads Jacob DeWitte and Caroline Cochran, Oklo (OKLO) builds compact, fast reactors designed for rapid deployment. It aims to make nuclear energy scalable, flexible, and fit for the modern grid. Its market cap stands at $8.5 billion. Since going public, shares of the nuclear energy firm have surged 452%, up a whopping 490% over the past 52 weeks. In May alone, OKLO rose over 120%, fueled by pro-nuclear executive orders, global momentum around clean atomic energy, and Oklo's better-than-expected Q1 results. Shares are up 13.7% in the past month powered by an upbeat analyst outlook and a new military contract, which pushed the stock higher by 30% on June 11. That renewed confidence sent investors scrambling, pushing Oklo's shares to an all-time high of $73.55 on June 16. Oklo's first-quarter results on May 13 gave investors something to cheer about, with shares jumping over 15% the next day, signaling progress beneath the surface. The nuclear startup, still pre-revenue, posted a net loss of $0.07 per share, narrowing its deficit from a year ago and beating analysts' expectations of a $0.11-per-share loss. Yet operating losses widened to $17.9 million, driven by a sharp rise in R&D costs, which more than doubled to $7.8 million, and general and administrative expenses, which climbed to $10 million. Plus, the company burned $12.6 million in free cash flow, used $12.2 million in cash for operating activities, and ended the quarter with a cash reserve of $260.7 million. Looking ahead, management expects the total 2025 operational spend to be between $65 million and $80 million. Meanwhile, eyes remain on the company's first Aurora microreactor, which targets a launch at the Idaho National Laboratory by late 2027 or early 2028, pushing Oklo steadily toward commercialization. Analysts monitoring Oklo predict the company's losses to shrink to $0.46 per share in 2025. Oklo's selection for Alaska's Eielson AFB project marks a turning point in its quest to commercialize small modular nuclear reactors. This is not the company's first military rodeo - an earlier agreement in 2023 was withdrawn after initial plans to build a reactor at Eielson fell apart. But now, the Department of Defense has circled back with renewed confidence, issuing a NOITA that names Oklo as the preferred provider following a competitive process. Under the deal, Oklo will deploy its off-grid Aurora microreactor at Eielson, advancing the Air Force's push for energy-resilient, mission-critical infrastructure. As Washington pushes to triple nuclear capacity by 2050, and President Donald Trump's latest executive order accelerates deployment timelines, nuclear energy is being recast as essential infrastructure. Big Tech and AI hyperscalers, like Meta (META) and Amazon (AMZN), are already locking in long-term nuclear energy deals to meet soaring energy demands. Oklo, with its compact, off-grid Aurora microreactor, is built for this moment - ready to serve both military and commercial power needs. Wall Street remains upbeat about OKLO's potential, with a consensus rating of 'Moderate Buy.' Of the nine analysts covering the stock, five recommend a 'Strong Buy,' one advises a 'Moderate Buy,' and the remaining three analysts are playing it safe with a 'Hold' rating. Its average price target of $60.28 implies 9% upside potential, and the Street-high target of $75 suggests a surge of 36% from current levels. Oklo's military nod adds serious momentum, but the road ahead remains uncertain. With no Nuclear Regulatory Commission (NRC) approval, zero revenue, and unproven technology, the 2028 launch goal for the Aurora reactor plant seems ambitious, especially when even approved peers like NuScale Power (SMR) aim for 2030. For now, Oklo offers potential wrapped in promise, not proof. So, investors should tread carefully - this is high-stakes, high-risk nuclear speculation. On the date of publication, Sristi Suman Jayaswal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
6 hours ago
- Business
- Yahoo
Here is Why Constellation Energy (CEG) Gained This Week
The share price of Constellation Energy Corporation (NASDAQ:CEG) surged by 5.25% between June 18 and June 26, 2025, putting it among the Energy Stocks that Gained the Most This Week. A close up of a wind turbine producing electricity as the sun sets. Constellation Energy Corporation (NASDAQ:CEG) is the largest producer of carbon-free energy in the US, with over 34,200 MW of generating capacity consisting of nuclear, wind, solar, natural gas, and hydroelectric assets. Constellation Energy Corporation (NASDAQ:CEG) received a boost this week after it was announced that it expects to restart the Three Mile Island plant as early as 2027 instead of the original forecast of 2028, after being put on a fast track to connect to the regional grid. Originally shut in 2019 for economic reasons, the revived 837 MW pressurized water reactor will provide carbon-free energy to Microsoft data centers as part of the 20-year power purchase agreement Constellation signed with the tech giant last year. While we acknowledge the potential of CEG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best Nuclear Energy Stocks to Buy Right Now and Disclosure: None. Sign in to access your portfolio
Yahoo
6 hours ago
- Business
- Yahoo
Uranium Energy (UEC) Gained This Week. Here is Why.
The share price of Uranium Energy Corp. (NYSEAMERICAN:UEC) surged by 6.02% between June 18 and June 26, 2025, putting it among the Energy Stocks that Gained the Most This Week. A mining worker in a hard hat and coveralls hammering away at the uranium rich walls of the mine. Uranium Energy Corp. (NYSEAMERICAN:UEC) is engaged in uranium mining and related activities. The company is the fastest-growing uranium supplier in North America, fueling the growing demand for carbon-free nuclear energy. Uranium Energy Corp. (NYSEAMERICAN:UEC) significantly expanded its strategic influence in the uranium market recently by boosting its stake in Anfield Energy with an investment of $14.82 million. Following the transaction, UEC now holds a 32.4% stake in Anfield – a company that primarily explores for uranium, vanadium, and gold deposits. Uranium Energy Corp. (NYSEAMERICAN:UEC) is among the nuclear energy stocks that recently garnered much investor attention following an executive order by President Trump to quadruple America's nuclear energy capacity by 2050. The order also lays special focus on increasing domestic mining and enrichment of uranium, creating significant opportunities for players like UEC. The stock also received a boost from the increasing global price of uranium, which has surged by more than 12.5% over the last two weeks. While we acknowledge the potential of UEC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best Nuclear Energy Stocks to Buy Right Now and Disclosure: None.
Malay Mail
7 hours ago
- Business
- Malay Mail
Malaysia eyes nuclear energy revival, stronger ties with Uzbekistan, Russia
MOSCOW, June 28 — Deputy Prime Minister Datuk Seri Fadillah Yusof has concluded his eight-day working visit to Uzbekistan and Russia, marking a pivotal step in Malaysia's renewed efforts to strengthen strategic international partnerships. The visit focused on the potential revival of Malaysia's nuclear energy programme, alongside collaboration in the halal economy, tourism, energy investments and Islamic finance. A key milestone was the signing of a non-disclosure agreement (NDA) between MyPower Corporation, a special-purpose agency under the Ministry of Energy Transition and Water Transformation (PETRA), and the Russian state atomic energy agency Rosatom. The agreement paves the way for potential cooperation in the peaceful use of nuclear technology, as Malaysia re-evaluates its long-term energy strategy. As Malaysia advances its National Energy Transition Roadmap, nuclear energy is being seriously considered as a reliable, clean baseload option to diversify the energy mix and achieve long-term climate and energy security goals. Malaysia previously had a robust nuclear development agenda, including plans to commission two nuclear power plants by 2021. However, these plans were shelved, and the Malaysia Nuclear Power Corporation was disbanded in 2018. Today, amid increasing pressure to decarbonise and diversify its energy sources, nuclear energy is once again under consideration as a viable low-carbon option. A recently completed pre-feasibility study yielded encouraging findings, prompting the government to explore implementation pathways that align fully with global safety, security and non-proliferation standards. The visit also reinforced Malaysia's global halal leadership. Both Uzbekistan and Russia expressed strong interest in leveraging Malaysia's well-established halal ecosystem. Additionally, the Uzbek government extended a formal invitation to Malaysia's national oil and gas company, Petroliam Nasional Bhd (Petronas), to consider reinvesting in the republic's energy sector. Petronas had exited Uzbekistan in 2013, but new opportunities in exploration and upstream development have emerged as Uzbekistan seeks to revitalise its energy landscape. Tourism ties were boosted by AirAsia X's launch of direct flights from Kuala Lumpur to Tashkent, operating three times weekly. Recognising the potential to further enhance travel and trade, Fadillah encouraged AirAsia X to expand its route to include Samarkand, a historic Silk Road city and UNESCO World Heritage Site, offering added value for both leisure and cultural tourism. Uzbekistan is also keen to collaborate with Malaysia on carbon trading, and has expressed interest in tapping Malaysia's extensive experience in developing the sukuk market — an area in which Malaysia is widely recognised as a global leader in Islamic finance. — Bernama
Free Malaysia Today
13 hours ago
- Business
- Free Malaysia Today
Russia-Asean energy ties could unlock billion-dollar nuclear market, says analyst
Asean and Russia renewed their energy cooperation framework and launched a capacity-building project on energy statistics at an energy meeting held in Kuching earlier this month. (Bernama pic) PETALING JAYA : Asean's continued collaboration with Russia in the energy sector could pave the way for the development of a regional nuclear energy market, unlocking a plethora of spillover benefits across the economy, talent development, and energy transition, according to an analyst. Elena Burova, a senior research fellow at the Institute of China and Contemporary Asia, described nuclear energy as 'one of the youngest and most dynamically developing sectors of the global economy'. 'This is because nuclear projects are large, technologically advanced projects with many spillover effects to country economies. 'A large-scale nuclear power plant in Asean can bring US$62 billion of gross domestic product input (to the region) as well as over 20,000 jobs during construction and 7,000 permanent jobs for the operation and associated industries,' she said. The 43rd Asean Senior Officials' Meeting on Energy held earlier this month in Kuching, Sarawak, saw the launch of the Asean-Russia Capacity Building on Energy Statistics project and the renewal of an energy cooperation framework for 2026 to 2028. Elena Vikulova, Russia's deputy head of its directorate of international cooperation, said in her opening remarks that there is strong potential for Asean-Russia energy cooperation given the region's surging energy demand. In April, deputy prime minister Fadillah Yusof said the International Energy Agency has agreed to support and assist Malaysia in drafting policies to explore and study the use of nuclear energy. He is currently on a working visit to Russia until June 28, partly to explore further nuclear energy cooperation with the nation's state-owned nuclear arm Rosatom. This follows Prime Minister Anwar Ibrahim's trip to Moscow earlier this year which saw nuclear energy emerge as a key area of collaboration. Nuclear energy, as a zero-emission and reliable source of clean energy, has drawn growing interest from Asean countries in their pursuit of energy transition goals. On Wednesday, Bloomberg reported that Vietnam was seeking urgent negotiations with Russia over an investment cooperation agreement concerning the development of its Ninh Thuan 1 nuclear power plant in August. The country shelved earlier efforts in 2016 due to high construction costs and safety concerns, but is revisiting nuclear to bolster its energy security and meet economic growth targets. Burova added that Russia has a wealth of experience in developing nuclear energy, with Rosatom currently building 22 out of 24 reactor units for export worldwide. It has built over 110 units since its inception in 2007. 'Rosatom has an important advantage that it can assist in localising a large number of jobs to the Asean workforce. 'This includes local manufacturing and engineering of heavy and specialised equipment, employing local labour, construction materials, consumables, tools and materials at the site,' she said.
