Streetbeat News

OKLO

Oklo Inc.

https://www.oklo.com

Industry

Regulated Electric

Oklo Inc. designs and develops fission power plants to provide reliable and commercial-scale energy to customers in the United States. It also provides used nuclear fuel recycling services. The company was founded in 2013 and is based in Santa Clara, California.

Open

20.00

Mkt cap

2.7B

Volume

17M

High

22.54

P/E Ratio

-181.67

52-wk high

28.12

Low

19.83

Div yield

N/A

52-wk low

5.35

Oklo's Q3 earnings report reveals a delay in its operational timeline to late 2027, making it a speculative investment. The release of locked-up shares has increased its tradable float by 12%, adding to market volatility. Despite targeting low-carbon energy demand, Oklo faces shareholder dilution and funding uncertainties.

Portfolio Pulse from

November 15, 2024 | 12:15 pm

Oklo Inc. held its Q3 2024 earnings call, discussing financial results and company updates. Key participants included CEO Jake Dewitte and CFO Craig Bealmear, with analysts from various financial institutions attending.

Portfolio Pulse from

November 15, 2024 | 5:00 am

Oklo Inc. has announced its intention to acquire Atomic Alchemy Inc., a company specializing in radioisotope production. This acquisition aims to expand Oklo's presence in the radioisotope market, leveraging its advanced nuclear technology.

Portfolio Pulse from

November 14, 2024 | 1:15 pm

Oklo Inc. has completed the environmental compliance process with the U.S. Department of Energy and Idaho National Laboratory for its first commercial advanced fission power plant site in Idaho. This milestone allows Oklo to begin site characterization.

Portfolio Pulse from

November 07, 2024 | 1:30 pm

Oklo's stock surged by 178% in October due to growing interest in the nuclear sector.

Portfolio Pulse from

November 05, 2024 | 11:00 pm

Oklo Inc. (NYSE:OKLO) shares are down 2.04% on Tuesday, pulling back from a recent surge driven by investments in nuclear energy by AWS and Google. Oklo has gained 175% over the past month, benefiting from the nuclear sector rally. The company is speculated to potentially sign deals with major tech firms due to its ties with OpenAI and Sam Altman.

Portfolio Pulse from Dylan Berman

October 29, 2024 | 5:38 pm

Oklo shares are experiencing a decline after a recent increase in nuclear stocks.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 4:22 pm

Jim Cramer recommends buying Lam Research (LRCX) after it reported strong earnings, while advising to avoid QuantumScape (QS). He also comments on Suncor Energy (SU), Oklo (OKLO), Joby Aviation (JOBY), and NetApp (NTAP).

Portfolio Pulse from Avi Kapoor

October 29, 2024 | 12:52 pm

Nuclear-linked stocks are experiencing a rise in share prices, likely due to increased optimism in the sector following Amazon Web Services and Google's recent nuclear investments for data centers.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 5:51 pm

Nuclear-linked stocks such as Oklo Inc., Lightbridge Corporation, and Nano Nuclear Energy are rising due to investments by Amazon Web Services and Google in nuclear energy for data centers. AWS announced partnerships to develop Small Modular Reactors, while Google signed a power purchase agreement with Kairos Power.

Portfolio Pulse from Vaishali Prayag

October 25, 2024 | 7:52 pm

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