Nuclear stocks are suddenly surging. Is this one a winner?
The shares have soared on big nuclear AI deals in the industry.
By October 2024, Oklo Inc. (NYSE: OKLO) found itself at the intersection of several growing trends, which, combined, enabled the nuclear energy stock to experience one of the most impressive rallies of 2024.
Shares in Oklo (OKLO) are likely to remain on watchlists after soaring to a new record high Monday as investors continue piling into the Sam Altman-backed Nuclear energy startup.
George Tsilis joins Next Gen Investing with a look at another nuclear energy stock on the move: OKLO. He says the energy demand aspects of data center and A.I.
I'm excited about Oklo Inc.'s focus on smaller, more cost-effective nuclear powerhouses with a strong customer pipeline. I acknowledge the speculative nature of the investment and the long wait until revenue generation in 2027. Oklo's revenue generation is a concern, but the significant insider ownership suggests a commitment to future growth.
Oklo Inc. (OKLO) shares skyrocketed with a 41% gain today. The small-cap nuclear company rallied with similar stocks as Amazon (AMZN) eyes nuclear energy to power AWS.
Oklo Inc (NYSE: OKLO) has soared more than 70% lately as big tech companies have turned to nuclear power amidst an AI-driven increase in energy demand. Shares of the fission technology company are reacting to sizable investments that Google, Microsoft, and most recently Amazon have announced in nuclear to power their data centers.
Jacob Dewitte, Oklo CEO, joins 'Money Movers' to discuss where Oklo sits in the new power demand picture, the plans for the company's nuclear reactor, and if regulators are friendly to the nuclear energy industry.
Nuclear startup Oklo said on Wednesday that it has finalized an agreement with the U.S. Department of Energy for carrying out site investigations related to the company's proposed small nuclear reactor in Idaho.
The nuclear startup Oklo has received the greenlight to start site investigation work for its planned microreactor in Idaho. Oklo plans for the reactor to come online in 2027, though there's risk that regulatory review could delay the start date.
You probably know Sam Altman's AI organization, but he's also the chairman of Oklo, an advanced nuclear technology company.