Investors are overreacting in a big way to news of the big new U.S.-U.K. nuclear investment deal.
Shares of Oklo ( OKLO 29.42% ) , a developer of liquid-metal-cooled fast reactors using high-assay low-enriched uranium (HALEU) for fuel, soared 19.4% through 10:40 a.m. ET Friday.
Yesterday, the Trump administration and the government of the United Kingdom announced a plan for developing the two countries' artificial intelligence , quantum computing , and nuclear energy sectors .
Total value: $350 billion.
What you get for $350 billion
According to the British government, 150 billion pounds ($195 billion) will be invested in the U.K., which it calls a "record-breaking investment." The balance would therefore involve U.K. investment in the American AI, quantum, and nuclear s