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We recently published a list of 10 Firms Crushing the Market. In this article, we are going to take a look at where Oklo Inc. (NYSE:OKLO) stands against other firms that are crushing the market.
The stock market finished the trading day on a mixed note, as investors continued to digest April inflation figures, which came out lower than expected.
On Tuesday, the Labor Department reported that the Consumer Price Index for April rose by only 0.2 percent last month, bringing the annual inflation rate to 2.3 percent, its lowest annual rate since February 2021.
Among Wall Street’s main indices, only the S&P 500 and the tech-heavy Nasdaq registered gains, by 0.72 percent and 1.61 percent, respectively. The Dow Jones, on the other hand, was down by 0.64 percent.
Beyond the major indices, 10 companies finished the session with strong gains amid a flurry of positive developments, including ratings upgrades and impressive corporate earnings, among others.
In this article, we name Tuesday’s 10 top performers and detail the reasons behind their rally.
To come up with the list, we considered only the stocks with a $2-billion market capitalization and $5-million trading volume.
A drilling rig fueled by the energy and expertise of the oil & gas exploration and production company.
Oklo Inc. (NYSE:OKLO)
Oklo Inc. saw its share prices grow by 11.02 percent on Tuesday to end at $32.03 apiece as investor sentiment was buoyed by its strong earnings performance in the first quarter of the year.
During the period, Oklo Inc. (NYSE:OKLO) said it narrowed its net loss by 59 percent to $9.8 million from the $24 million recorded in the same period last year. This is despite a 142-percent increase in operational loss at $17.87 million from $7.37 million in the same comparable period.
In other news, Oklo Inc. (NYSE:OKLO) announced the appointment of Pat Schweiger as its new chief technology officer. Previously, he served as chief engineer at SPARC at Commonwealth Fusion Systems as well as senior vice president and vice president for TerraPower.
“Pat’s decades of experience and expertise in power engineering will be a tremendous asset to Oklo as we move toward the commercialization of our advanced nuclear technologies,” said Oklo Inc. (NYSE:OKLO) co-founder and CEO Jacob DeWitte.
“His experience at the Fast Flux Test Facility provides a direct link to the technology legacy that our reactor design builds on, and we’re thrilled to have him at Oklo, helping to deploy modern fast reactor technologies,” he added.
Overall, OKLO ranks 9th on our list of firms that are crushing the market. While we acknowledge the potential of OKLO as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than OKLO but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.