10 Firms Lead Thursday’s Rally on Better Earnings, Bargain-Hunting

1. Oklo Inc. (NYSE:OKLO)

Oklo Inc. saw its share prices surge by 18.73 percent on Thursday to finish at $41.91 each as investors resumed hunting for stocks particularly those that would benefit from the booming AI.

Earlier this week, stocks in the technology and power sectors took a beating following news that China-based DeepSeek, a new competitor to OpenAI’s ChatGPT, trained its model for only a fraction of US AI providers’ cost to train theirs. The negative sentiment dribbled down to nuclear companies over fears that developing and enhancing AI may not need as much power as previously anticipated.

However, Thursday’s bullish sentiment was buoyed by analyst statements that DeepSeek was not built for only $5 million, with a report from Bernstein saying that claims of building an AI system comparable to OpenAI for just $5 million are “not true.”

According to the report, the total amount may have only considered the computational resources, leaving out the significant costs related to research, experimentation, and other developmental expenses.

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 timeframe. 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 the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap.

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