Apple falls after President Donald Trump says the tech giant will have to pay a tariff of at least 25% for iPhones made outside the United States, while Tesla stock is on pace to end a four-week winning streak.

Oklo Inc. (NYSE: OKLO) shares are trading higher Friday as part of a broad rally in uranium and nuclear-related stocks.

Oklo (OKLO) has skyrocketed nearly 100% in one month. Moreover, shares of this advanced nuclear technology company have gained 514% in one year. This massive rally in Oklo stock reflects favorable demand and regulatory trends and the company’s solid business model.

Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.

Sam Altman-backed Oklo Inc. (NYSE: OKLO) and Nano Nuclear Energy Inc surged 19.79% and 17.34%, respectively while nuclear utilities like Constellation Energy Corp (NASDAQ: CEG) and GE Vernova Inc. (NYSE: GEV) climbed 5.

Shares of Oklo soared by double digits for the second day in a row Wednesday after the nuclear technology company announced “a significant step forward” in the construction of its first nuclear power plant.

Investor confidence surged this week as two major uncertainties subsided. As a result, stocks in various sectors soared.

Wedbush analyst Dan Ives highlights nuclear energy stocks in a note released Friday and points to Oklo as the star of the sector.