Let's take a look at some of the trending tickers we're watching. Shares of Oklo skyrocketing today, while Chewy and Cleveland Cliffs are falling. Let's start by looking at Oklo seeing record-breaking highs today after the announcement of an energy deal with the Air Force. The nuclear power provider being selected to power Eielson Air Force Base in Alaska following a close to two-year delay by the company. Um, this is pretty provisional here that is being announced on the part of this. Basically, it is the intended awardee of this contract. And as I like to remind folks, whenever we talk about Oklo or any of these small modular reactor companies within nuclear, um, these things are not happening tomorrow, they're not happening next year. I believe Oklo is targeting developing its first reactor and having it up and running by the end of the decade. So, and probably closer to the end than we are right now. Exactly.

A long-term bet.

It was interesting to think about who's buying names like Oklo because I had Tom Bruni from Stocktwits. I was talking to Tom recently and obviously kind of, you know, relatively younger group of folks on that platform. And I did ask Tom, what's interesting to your folks right now in Stocktwits? What's what are they curious about? What are they excited about? What are the themes and trends? And he immediately rattled off Tom said, it's AI, it's crypto, and the kids like nuclear.

Yeah. Well, there's been a huge, you know, just like in crypto, there has been a big regulatory shift with this administration. There's been a big shift on nuclear. Although it was already brewing before the Trump administration came in. But now there's a more explicit push in the direction of nuclear. Now, you have the players like Oklo, like NuScale, that are developing these smaller reactors. And then you have the bigger players. I mean, Talen Energy extended um its deal with Amazon or expanded its deal with Amazon today. So you have the establishment players like Talen, like a Constellation Energy, that are also working with big database providers. So there are a couple of different facets to it. There's the stuff that is actually working now or that are nuclear reactors that have been operating. And then there's the new models and when those new models get up and running, we'll see.

Yeah.

Yeah.

Chewy, let's talk about that name too. That is seeing share prices fall despite beating earnings first quarter estimates. Pet supply company announcing an 8% increase in sales year over year and a 3 cent higher adjusted EPS. Yahoo Finance executive editor Brian Sozzi did speak to Chewy CEO Sumit Singh about the company's first quarter and his expectations for the next quarter.

You know, the momentum that we've carried out of Q1 actually has continued. In fact, you know, it's just the shape of the curve. So the first quarter, you know, at 6.2% EBITDA margins, you know, for the first time company crossed the 6% mark. So we're very very happy about, very proud about that. And then broadly, you know, we've guided to a midpoint of, you know, roughly 5.5% EBITDA margins for this year. That would put us at about a 70 basis point, 75 basis point expansion from a year-over-year perspective.

Uh so under pressure today, reports are some of the issues here front and center for investors, gross margin and free cash flow missing expectations. They did reiterate annual sales targets. What did the Bulls say on a day like this? Well, City which has a buy on this one, I saw them cited saying the stock move into the print. They did know in their opinion, create kind of a tough setup perhaps. Uh they argue the multi-year growth and margin expansion story remains compelling to their point. The stock has enjoyed a strong run, even now, you're still up around 20% this year. You're up around 80% over the past 12 months. And most analysts still do see better times ahead.

Yeah.

Yeah.

I was looking at the forward price earnings ratio of this one. It's 74, which sounds pretty eye-watering, especially when you compare it with something like 32 for Petco. Of course, Petco just came out and disappointed with its numbers recently. So I guess investors are just trying to weigh in this space, which thing is more attractive. Tough setup, says City.

Yeah.

Yes, yes. Ending off with Cleveland Cliffs, which is seeing its shares fall after a deal between the US and Mexico on steel import tariffs looks close reportedly. The deal would remove a 50% tariff that the Trump administration put on steel up to a specific volume determined by historical trade volumes data. With Trump steel tariffs announcement being made to promote domestic steel, that walk back could spur more import competition in the steel industry. Um, so we are seeing Cleveland Cliffs get take a hit. We're seeing Nucor take a hit. We're taking Steel Dynamics and Commercial Metals. All of them are are um are lower. And I guess there are different reactions depending on what kind of steel, whether they make raw steel or flat steel or rolled steel um or finished steel products. There's sort of different implications across the sector.

Yeah.

Yeah.

Yeah, Bloomberg is the one who had this report. An agreement they say has not been finalized. I do see analysts cited as kind of weighing in, trying to game out what what could be some effects here. Some saying flat steel would be hit hardest and companies that could be affected. Uh most they say, Cliffs, Steel Dynamics, Nucor and Commercial Metals among others.

Mhm.