Chip Stocks Fall While Energy For AI Moves Into Spotlight [Forbes]
Oklo Inc. Class A common stock (OKLO)
Company Research
Source: Forbes
Getty Key Takeaways Chip Stocks Dropped Significantly Due To ASML's Slower Recovery Warning Nuclear Energy Stocks Rallied, Driven By AI's Growing Energy Needs Morgan Stanley Outperformed, While Banking Sector Faces Interest Income Challenges Stocks fell on Tuesday led by a $420 billion drop in the global chip stocks. The S&P 500 fell by 0.8%. The Nasdaq Composite dropped 1%. Meantime the Dow Jones Industrial Average fell 0.8%; however, small cap stocks eked out a small gain, rising just under 0.2%. The big story on Tuesday was a warning from chipmaker ASML of a slower than expected recovery in some areas of the chip sector. That stock dropped 16% while the sector fell 5% overall. Other notable chip stocks that saw sharp declines included Advanced Micro Devices, down 5%. Broadcom and Advanced Micro Devices each fell 3.4%, and Nvidia dropped 5%. While chip makers fell, other stocks in the Artificial Intelligence (AI) ecosystem started garnering attention. Specifically, su
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OKLO
News
- Institutional investors may overlook Oklo Inc.'s (NYSE:OKLO) recent US$346m market cap drop as long-term gains remain positive [Yahoo! Finance]Yahoo! Finance
- Oklo Announces Date for Third Quarter 2024 Financial Results and Business Update CallBusiness Wire
- Oklo CEO on nuclear energy, bitcoin peaks above $73K: Market Domination [Yahoo! Finance Canada]Yahoo! Finance Canada
- Oklo CEO on nuclear energy, bitcoin peaks above $73K: Market Domination [Yahoo! Finance]Yahoo! Finance
- Oklo CEO wants to make clean nuclear energy more accessible [Yahoo! Finance Canada]Yahoo! Finance Canada
OKLO
Sec Filings
- 10/15/24 - Form 424B3
- 10/15/24 - Form 8-K
- 9/19/24 - Form EFFECT
- OKLO's page on the SEC website