10 Firms Shine Amid Market Slump

2. Oklo Inc. (NYSE:OKLO)

Shares of Oklo grew 10.38 percent on Monday to close at $45.93 apiece as investors snapped up shares in the company to push its valuation to a new all-time high, signaling a remarkable display of confidence.

The buying momentum seemed to have been continually driven by optimism that Oklo would benefit from a projected boom in the US energy sector. During his inauguration, President Donald Trump promised that he would bank on the energy industry to bolster US manufacturing.

He said that the US “will bring prices down, fill our strategic reserves up again right to the top, and export American energy all over the world.”

In other news, Oklo recently partnered with RPower to energize data centers using its gas generators for about 24 months.

Oklo said the model will combine immediate energy deployment using RPower’s natural gas generators with a transition path to clean, reliable energy from Oklo’s Aurora powerhouses, thereby eliminating reliance on diesel generators and supporting scalable, sustainable operations.