Investing.com -- U.S. markets fell this week, with a decline on Friday coming after President Trump once again raised trade fears with social media posts targeting Apple (NASDAQ:AAPL) and the European Union.
Here are Investing.com’s stocks of the week.
Oklo
On Friday, nuclear stocks, such as Oklo, surged after reports emerged that Trump will sign executive orders aimed at revitalising the nuclear power industry as early as Friday.
The orders are expected to simplify the regulatory process for approving new reactors and strengthen domestic nuclear fuel supply chains.
At the time of writing on Friday, Oklo shares are up more than 24%. The move puts Oklo’s stock up around 31% this week.
Sunrun (NASDAQ:RUN)
Meanwhile, Sunrun shares plummeted this week after the House of Representatives progressed Trump’s comprehensive tax and spending bill, which may end various green-energy subsidies that have previously supported the renewable energy sector.
The stock plummeted more than 37% in Thursday’s session, adding to the previous day’s loss. For the week, it is down over 42%.
“We think the bill, as written now, would severely curtail if not eliminate residential solar ITCs altogether for leases (TPOs),” said BMO Capital analysts in a note reacting to the news. “This expands the previous version elimination of 25D credits.”
The firm reiterated Underperform ratings on SolarEdge (NASDAQ:SEDG), Enphase Energy (NASDAQ:ENPH), and downgraded Sunrun to Underperform.
Advance Auto Parts (NYSE:AAP)
In contrast, Advance Auto Parts surged more than 57% on Thursday after the company topped earnings and revenue expectations when it reported its Q1 results before the open.
While the stock has pulled back slightly on Friday, AAP shares are up over 34% for the week.
Reacting to the results, RBC Capital said it was “another step towards rebuilding credibility” for the company.
“AAP did what they said they would do in 1Q,” stated the bank. “There are a lot of moving pieces and real progress will take time, but KPIs seem to be headed in the right direction.”
CoreWeave
CoreWeave shares make the list for a second week after the stock continued its upside momentum. Despite a more than 6% decline on Thursday, CoreWeave is trading above the $104 per share mark, with a more than 30% gain in the last week.
The company posted its quarterly earnings results last week, topping revenue expectations and guiding above the analyst consensus expectation.
On Thursday, Citizens JMP started CRWV with a Market Perform rating. “We are launching coverage on CoreWeave, a recent IPO, with a Market Perform rating despite its meteoric growth in 2022-2024, that is likely to continue,” wrote the firm. “Business model clarity is required for us to gain confidence.”
Fair Isaac Corporation (NYSE:FICO)
Finally, FICO shares plummeted almost 22% this week due to concerns over potential changes in the mortgage credit scoring landscape.
The decline followed comments from Bill Pulte, US Director of Federal Housing Finance Agency (FHFA) at the Mortgage Bankers Association’s secondary market conference in New York.
Remarks on the possibility of transitioning from tri-merge to bi-merge credit scores in underwriting, which could impact FICO’s volumes, worried investors.
The stock fell for a second straight session on Wednesday, after Pulte wrote in a post on X: "After the hard work by many great Senators, including Senator Tim Scott, I am extremely disappointed to hear about the costs increases by FICO onto American consumers."