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26 minutes ago
- Yahoo
Nuclear Startup Oklo Soars As AI Boom Sparks Need For New Power Sources
Oklo Inc. (NYSE:OKLO) shares jumped Tuesday after the nuclear startup advanced a key regulatory milestone for its Aurora Powerhouse reactor. Analysts cited accelerating approval timelines, rising U.S. electricity demand from AI and data centers, and strong bipartisan policy support for next-generation nuclear power as reasons for the rally. The nuclear startup reported a second-quarter loss of 18 cents per share, missing estimates for a loss of 12 cents per share, according to Benzinga Pro. Oklo reported operating losses of $28 million in the second quarter, primarily driven by payroll, stock-based compensation and general business is OKLO's current stock price? Find out here. HC Wainwright & Co. analyst Sameer Joshi reiterated the Buy rating on Oklo, raising the price forecast from $55 to $90. Joshi raised the Oklo price target to $90 from $55, citing several drivers. The analyst pointed to ongoing regulatory progress, with Phase 1 of the pre-application readiness review for the combined license application (COLA) for the Aurora Powerhouse underway. The analyst also noted durable, bipartisan political support for nuclear power in the U.S., rising electricity demand, especially from AI and data center build-outs, and policy tailwinds from the ADVANCE Act of 2024 and executive orders issued on May 23, 2025. Most consequential, in his view, is the acceleration of mandated approval timelines from more than two years to roughly 18 months, which meaningfully compresses the path for both COLA and subsequent COLA (S-COLA) approvals. The analyst emphasized Oklo's technical positioning as one of the few fast-reactor developers able to use down-blended uranium and plutonium-based fuels that do not require enrichment, giving the company fuel optionality as initial units are deployed. Joshi said the company has engaged productively with the U.S. Nuclear Regulatory Commission over several years and has now completed a significant step toward approval. In his assessment, broad industry momentum should support overall nuclear growth and benefit early movers in advanced reactors, including Oklo. He also flagged Oklo's radioisotopes arm, Atomic Alchemy, which has designed a proprietary Versatile Isotope Production Reactor (VIPR) aimed at delivering efficiency, scalability and operational simplicity for isotope output, potentially consolidating a fragmented supply chain under one platform. Joshi said the company targets first powerhouse deployment in 2027–2028 and aims for 1 GW installed by 2031. He projects revenue below $5 million in 2026–2027, rising to about $12 million in 2028 and surpassing $21 billion by 2038, a ten-year CAGR of 112%. He expects gross margins excluding D&A to turn positive in 2029 and stabilize around 65%–75% as powerhouses scale. He also models total operating expenses, including D&A, climbing from roughly $105 million in 2025 to $2.3 billion in 2038, a thirteen-year CAGR of 27%. Price Action: OKLO shares are trading higher by 8.98% to $78.31 at last check Tuesday. Read Next:Photo by via Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? This article Nuclear Startup Oklo Soars As AI Boom Sparks Need For New Power Sources originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Sign in to access your portfolio
Yahoo
26 minutes ago
- Yahoo
Ralph Lauren, Hyatt Hotels, RE/MAX, Adtalem, and Sphere Entertainment Stocks Trade Up, What You Need To Know
What Happened? A number of stocks jumped in the afternoon session after the latest Consumer Price Index (CPI) report showed inflation holding steady, bolstering investor optimism for a potential interest rate cut by the Federal Reserve. The data, which revealed that inflation remained at 2.7% for the year ending in July, was seen as a positive sign by investors. This stability increases the likelihood that the Federal Reserve might lower interest rates at its upcoming September meeting. Lower interest rates can stimulate the economy by making borrowing cheaper for both consumers and businesses, which often translates into higher consumer spending. This is particularly beneficial for the Consumer Discretionary sector, which includes companies selling non-essential goods and services like apparel, travel, and electronics. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Among others, the following stocks were impacted: Apparel and Accessories company Ralph Lauren (NYSE:RL) jumped 3.2%. Is now the time to buy Ralph Lauren? Access our full analysis report here, it's free. Travel and Vacation Providers company Hyatt Hotels (NYSE:H) jumped 3.5%. Is now the time to buy Hyatt Hotels? Access our full analysis report here, it's free. Real Estate Services company RE/MAX (NYSE:RMAX) jumped 4.8%. Is now the time to buy RE/MAX? Access our full analysis report here, it's free. Education Services company Adtalem (NYSE:ATGE) jumped 4%. Is now the time to buy Adtalem? Access our full analysis report here, it's free. Leisure Facilities company Sphere Entertainment (NYSE:SPHR) jumped 3.9%. Is now the time to buy Sphere Entertainment? Access our full analysis report here, it's free. Zooming In On RE/MAX (RMAX) RE/MAX's shares are quite volatile and have had 19 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The previous big move we wrote about was 8 days ago when the stock gained 3.1% on the news that markets rebounded following a sharp sell-off in the previous trading session as weaker-than-expected U.S. jobs data fueled investor hopes for a potential interest rate cut by the Federal Reserve. The July Nonfarm Payrolls report revealed a gain of only 73,000 jobs, significantly below the 110,000 expected. Compounding the news, prior months' figures were revised downward by over 250,000 jobs. This data, indicating a cooling labor market, has led investors to dramatically increase bets on a September interest rate cut by the Federal Reserve, with the probability jumping to over 80% according to the CME FedWatch Tool. The prospect of lower borrowing costs typically stimulates economic activity and boosts consumer spending on non-essential goods and services, which directly benefits companies in the consumer discretionary space. RE/MAX is down 16.8% since the beginning of the year, and at $8.61 per share, it is trading 38.7% below its 52-week high of $14.04 from November 2024. Investors who bought $1,000 worth of RE/MAX's shares 5 years ago would now be looking at an investment worth $235.89. Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story.
Yahoo
26 minutes ago
- Yahoo
Matthews, Dave & Buster's, American Airlines, Delta, and PVH Shares Skyrocket, What You Need To Know
What Happened? A number of stocks jumped in the afternoon session after the latest Consumer Price Index (CPI) report showed inflation holding steady, bolstering investor optimism for a potential interest rate cut by the Federal Reserve. The data, which revealed that inflation remained at 2.7% for the year ending in July, was seen as a positive sign by investors. This stability increases the likelihood that the Federal Reserve might lower interest rates at its upcoming September meeting. Lower interest rates can stimulate the economy by making borrowing cheaper for both consumers and businesses, which often translates into higher consumer spending. This is particularly beneficial for the Consumer Discretionary sector, which includes companies selling non-essential goods and services like apparel, travel, and electronics. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Among others, the following stocks were impacted: Specialized Consumer Services company Matthews (NASDAQ:MATW) jumped 3.1%. Is now the time to buy Matthews? Access our full analysis report here, it's free. Leisure Facilities company Dave & Buster's (NASDAQ:PLAY) jumped 7.8%. Is now the time to buy Dave & Buster's? Access our full analysis report here, it's free. Travel and Vacation Providers company American Airlines (NASDAQ:AAL) jumped 10.2%. Is now the time to buy American Airlines? Access our full analysis report here, it's free. Travel and Vacation Providers company Delta (NYSE:DAL) jumped 8.3%. Is now the time to buy Delta? Access our full analysis report here, it's free. Apparel and Accessories company PVH (NYSE:PVH) jumped 3.1%. Is now the time to buy PVH? Access our full analysis report here, it's free. Zooming In On American Airlines (AAL) American Airlines's shares are very volatile and have had 20 moves greater than 5% over the last year. But moves this big are rare even for American Airlines and indicate this news significantly impacted the market's perception of the business. The biggest move we wrote about over the last year was 4 months ago when the stock gained 18.9% on the news that markets rallied sharply on news that President Trump announced a 90-day tariff pause. Reciprocal tariffs were also dropped to 10% for most countries, sparking renewed optimism amid ongoing trade talks. The major stock indices rose as investors, growing impatient of seemingly irrational tariff actions, welcomed the pause as a sign of a more measured path forward. However, Trump was quick to note that China was not part of the pause. Instead, he prepared to raise tariffs on Chinese goods to 125% after China announced retaliatory tariffs on US imports. This tough stance on China stood in sharp contrast to the softer tone toward others. In a week marked by growing uncertainty, this news eased some of the pressure. The questions remain whether we are out of the woods and can sustain the rally or not. American Airlines is down 24.8% since the beginning of the year, and at $12.79 per share, it is trading 31.5% below its 52-week high of $18.66 from January 2025. Investors who bought $1,000 worth of American Airlines's shares 5 years ago would now be looking at an investment worth $944.24. Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
