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

Oklo Inc's CEO Jacob DeWitte highlights the growing demand for nuclear power driven by AI expansion, citing Google's recent nuclear deal as just the beginning. Oklo plans to bring its first reactor online by 2027 and has secured a 500MW agreement with Equinox. The company is backed by OpenAI's Sam Altman and went public through a SPAC merger.

Portfolio Pulse from Adam Eckert

October 15, 2024 | 7:51 pm

Google has signed an agreement for nuclear power in AI data centers, impacting stocks like Alphabet and nuclear companies. Israeli restraint on Iran affects gold, oil, and stocks. Earnings reports from major companies like Bank of America and Goldman Sachs show better-than-expected results, while Johnson & Johnson and UnitedHealth Group face challenges.

Portfolio Pulse from The Arora Report

October 15, 2024 | 4:21 pm

Oklo's shares rise as the DOE approves its safety design report for the Aurora fuel fabrication facility, advancing its commercial powerhouse plans. Cruise stocks also see gains.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 4:12 pm

Oklo CEO Jacob DeWitte discussed the company's outlook and the future of nuclear energy on CNBC. The conversation likely covered Oklo's strategic plans and the broader implications for the nuclear energy sector.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 3:46 pm

Oklo Inc (NYSE:OKLO) shares are rising due to momentum from a Google nuclear deal and the U.S. Department of Energy's approval of Oklo's Aurora fuel fabrication facility design report. This positions Oklo for future advancements in nuclear energy.

Portfolio Pulse from Adam Eckert

October 15, 2024 | 1:16 pm

The Department of Energy (DOE) has approved the Conceptual Safety Design Report for Oklo's Aurora Fuel Fabrication Facility. This approval advances Oklo's plans to utilize recovered nuclear material for its first commercial powerhouse.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 12:27 pm

Oklo Inc's shares surged after Alphabet Inc announced plans to purchase power from small modular reactors, sparking speculation that Oklo could secure a similar deal due to its ties with Sam Altman and OpenAI.

Portfolio Pulse from Adam Eckert

October 14, 2024 | 9:21 pm

Oklo shares are trading higher as some nuclear stocks gained following Google's announcement to purchase power from Kairos Power, a modular reactor developer.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 7:47 pm

Constellation Brands reported strong earnings, beating analyst expectations, leading to a 1% rise in pre-market trading. Other stocks like AMTD Digital, EVgo, and Constellation Energy also saw gains in pre-market trading.

Portfolio Pulse from Avi Kapoor

October 03, 2024 | 12:32 pm

RPM International reported better-than-expected earnings, leading to a 7.2% rise in its stock. Other stocks like Joby Aviation and Ciena Corporation also saw gains due to positive developments.

Portfolio Pulse from Avi Kapoor

October 02, 2024 | 3:41 pm

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