Streetbeat News

OKLO

Oklo Inc.

https://www.oklo.com

Industry

Regulated Electric

Oklo Inc. manufactures an emission-free, megawatt-scale atomic generator. The company develops a new kind of nuclear reactor that's small, portable, waste, and carbon-negative. Oklo Inc. has a partnership with Argonne National Laboratory. The company was incorporated in 2013 and is based in Santa Clara, California.

Open

26.00

Mkt cap

Volume

20M

High

27.74

P/E Ratio

-163.13

52-wk high

28.12

Low

24.28

Div yield

N/A

52-wk low

5.35

Taiwan is considering adopting new nuclear technology to meet the increasing electricity demand from chipmakers driven by the AI boom. This marks a potential shift in the government's stance on nuclear power.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 1:49 pm

Several mid-cap stocks experienced significant gains last week. Oklo Inc. surged due to Amazon's investment in nuclear power. Wave Life Sciences saw a jump after successful RNA editing trials. Longboard Pharmaceuticals rose on acquisition news. Wolfspeed gained from potential CHIPS Act funding. CleanSpark benefited from Bitcoin's rise. Telephone and Data Systems increased after selling spectrum licenses. IonQ's shares rose ahead of its earnings report.

Portfolio Pulse from Lekha Gupta

October 20, 2024 | 9:22 pm

Nuclear energy stocks are gaining momentum as tech giants Google and Amazon announce nuclear power agreements to support AI data centers. Publicly traded companies like Oklo, NuScale Power, and Nano Nuclear Energy are seeing significant stock gains. Power producers like Constellation Energy and Vistra Corp are also benefiting, along with uranium producers Cameco and Centrus Energy.

Portfolio Pulse from Erica Kollmann

October 20, 2024 | 8:00 pm

The tech world is abuzz with AI developments, including Nvidia's praise for OpenAI and Tesla's humanoid robots. Oklo's CEO highlights the growing demand for nuclear power in AI, while Amazon challenges Nvidia with a Databricks deal.

Portfolio Pulse from Benzinga Neuro

October 20, 2024 | 1:01 pm

Benzinga highlights recent stock market trends and company news, including Apple's record iPhone sales, Oklo's rise on a Google nuclear deal, and meme coins' rapid valuation growth. Meanwhile, Moderna faces a lawsuit, and Tesla encounters new competition from a Chinese EV maker.

Portfolio Pulse from Michael Cohen

October 19, 2024 | 1:00 pm

Autoliv reported strong sales, leading to a 5.5% stock increase. Other stocks like Oklo, Peloton, and Netflix also saw gains due to various positive developments.

Portfolio Pulse from Avi Kapoor

October 18, 2024 | 2:49 pm

NuScale Power (NYSE:SMR) stock is down over 5% on Thursday after a surge on Wednesday, driven by Amazon's $500 million investment in nuclear power. AWS plans to build Small Modular Reactors (SMRs) and has agreements with Energy Northwest and Dominion Energy (NYSE:D). The nuclear sector is gaining attention with increased support from tech companies and government funding. Analyst Eric Stine maintains a Buy rating on NuScale, raising the price target to $21.

Portfolio Pulse from Nabaparna Bhattacharya

October 17, 2024 | 3:27 pm

Nuclear-linked stocks are experiencing a rise in share prices following Amazon Web Services' announcement of a $500 million investment in nuclear power.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 2:27 pm

Amazon Web Services announced a $500 million investment in nuclear power, causing a surge in nuclear stocks such as Oklo Inc, NuScale Power Corp, Nano Nuclear Energy Inc, and Lightbridge Corp. The investment includes agreements to develop Small Modular Reactors (SMRs) with Energy Northwest and Dominion Energy.

Portfolio Pulse from Adam Eckert

October 16, 2024 | 2:26 pm

United Airlines reported better-than-expected earnings, leading to a 9.3% stock increase. Other stocks like Korro Bio, Wave Life Sciences, and Morgan Stanley also saw significant gains due to positive developments.

Portfolio Pulse from Avi Kapoor

October 16, 2024 | 2:23 pm

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