Robotics, Drone, and Nuclear stocks surged in morning trading as benign inflation data prompted traders to resume betting the Federal Reserve will cut interest rates again by July.
Drone maker companies rose; SES AI Corp rose 26%; Unusual Machines and Palladyne AI rose 12%; Red Cat rose 11%.
Robotics stocks also jumped. Serve Robotics rose 17%; Nauticus Robotics rose 14%.
Nuclear stocks also jumped. Oklo rose 12%; NuScale Power rose 9%; NANO Nuclear Energy rose 8%.
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