Trump said as the New START Treaty lapsed on Thursday that nuclear experts should work on an "improved and modernized" treaty.

Beijing, Moscow and shaken American allies are seeking new warheads as President Trump ends more than a half century of nuclear arms control with Russia.

Cameco and NuScale will thrive in a warmer nuclear market.

The New START treaty has expired. For 15 years, the treaty served as an agreement between the United States and Russia to limit deployed nuclear weapons; its expiration signals the end of the old nuclear arms control regime and portents the world’s entry into a dangerous new period of unconstrained arsenals.

Talks for a new treaty were frozen by the war in Ukraine. This afternoon, President Trump called for a “new, improved and modernized” accord, but said nothing about Vladimir Putin’s offer to hold American and Russian arsenals at current levels temporarily, leaving open the possibility of a renewed arms race.

Oklo's balance sheet is stronger than NuScale's. Oklo has around $1.2 billion in cash and marketable securities, providing it with a substantial runway. NuScale does have limited revenue, which is increasing, but this is attributable to engineering services. Both companies are still quite a long way from profitability.

The Russian Foreign Ministry warned Wednesday that it was ready to take decisive action to stop threats against the country, following the expiration of the New START Treaty on nuclear weapons between it and the U.S.