10 Stocks Outperform Wall Street Indices on Wednesday

5. OKLO Inc. (NYSE:OKLO)

Shares of Oklo jumped by 9.73 percent on Wednesday to end at $35.19 apiece as investors cheered news that it joined the Department of Energy’s Voucher Program which is expected to accelerate the development of next-generation materials.

The initiative was part of the Technology Commercialization Fund and funded by the Bipartisan Infrastructure Law and Inflation Reduction Act, which aims to enhance efficiencies in manufacturing, supply chain, and overall scalability as OKLO accelerates the deployment of its commercial powerhouses.

The collaboration leverages DOE-funded vouchers to conduct advanced material characterization and real-world testing to validate high-performance materials that will support OKLO’s fast reactor designs.

“This project helps us refine proven fast reactor technologies to deliver scalable, cost-effective clean energy solutions that empower our customers to meet their energy goals sustainably. With 14 gigawatts of announced customers and partners in our pipeline, we believe we are well positioned to address growing energy demands across diverse applications,” said OKLO CEO Jacob DeWitte.