Why Oklo and NuScale Power Stocks Took Off Today, 4/30/26
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Shares of Oklo and NuScale Power surged by approximately 11% and 10% respectively, following remarks by the UN climate secretary linking the U.S.-Iran war to an increased focus on renewable energy. While small modular reactors (SMRs) are not classified as renewable due to their reliance on uranium, they are designed for clean energy production and can be more cost-effective than traditional nuclear plants. The UN official emphasized the advantages of renewables, highlighting their safety and resilience against geopolitical disruptions.
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