These stocks are being powered by investments from Microsoft, Amazon and Google, which are looking for ways to power their energy-hungry data centers.
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Oklo, a little-known nuclear technology company, has soared more than 80% in the past three months, as a result. Uranium energy ETFs have soared 17% too. Their gains are easily beating the likes of Nvidia as well as the S&P 500. Whatever the timeframe – be it six months, a year or five — nuclear stocks are stealing the spotlight.
(Who knows – nuclear energy might just become the go-to fuel for AI!).