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

25.01

Mkt cap

3.4B

Volume

13M

High

27.83

P/E Ratio

-231.00

52-wk high

59.14

Low

24.89

Div yield

N/A

52-wk low

5.35

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

Nuclear-linked stocks are experiencing a rise in share prices due to increased optimism in the sector. This follows recent announcements by Amazon Web Services and Google regarding their investments in nuclear energy to power data centers.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2024 | 5:11 pm

The European Nuclear Alliance urges the EU to reconsider nuclear energy policies, highlighting its role in decarbonization. US tech giants like Amazon and Google are investing in nuclear power, while Constellation Energy plans to reopen a nuclear plant with Microsoft. The Biden administration supports nuclear energy, boosting related stocks and ETFs.

Portfolio Pulse from European Capital Insights

October 23, 2024 | 4:29 pm

The article lists the top 10 trending stocks on WallStreetBets as of October 22, 2024, according to Swaggy Stocks. The stocks mentioned include NVDA, TSLA, AI, RTX, QQQ, MCD, MSFT, LINE, LOT, and OKLO.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 1:35 pm

Oklo Inc. (NYSE:OKLO) shares rose as nuclear energy stocks gained momentum following Amazon's $500 million investment in nuclear power. Amazon Web Services signed agreements to build small modular reactors, sparking interest in nuclear energy for AI-driven energy demands. Oklo, a fast fission power plant developer, is speculated to secure a deal with a major tech company, boosting its stock. Other nuclear stocks like NuScale Power Corp. (NYSE:SMR) and Nano Nuclear Energy Inc. (NASDAQ:NNE) also saw gains.

Portfolio Pulse from Vaishali Prayag

October 21, 2024 | 9:55 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 21, 2024 | 6:15 pm

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

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