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Key Points * Early in the week, the White House advanced its goal to strengthen this country's presence in space. * Part of this is an ambition to put nuclear power plants in orbit and on the Moon. For a pre-revenue company, modular nuclear reactor (MNR) specialist Oklo (+1.36%) has been quite the star on the stock market lately. It felt like someone threw the switch on it and other nuclear stocks on Tuesday, when the White House pushed ahead with an initiative centered around that form of energy generation. As of Thursday night, according to data compiled by S&P Global Market Intelligence, Oklo's shares were up nearly 28% week to date. Power in space The White House's Office of Science and Technology Policy (OSTP) issued a memorandum formally establishing a government entity to deploy nuclear reactors in orbit around the Earth and on the surface of the Moon -- the National Initiative for American Space Nuclear Power. Image source: Getty Images. In the document, the OSTP outlined the roles of federal agencies in this goal, including NASA and the Department of Defense. This is the latest in the Trump administration's efforts to attain the lofty (not to mention expensive) aim of having nuclear generating capability in the ether. It was originally launched in December, 2025 with an executive order issued by the president that directed a significant expansion of America's presence in space.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…