Sam Altman-backed energy stock surges amid AI-driven 'nuclear power renaissance' [Yahoo! Finance Canada]
Oklo Inc. Class A common stock (OKLO)
Company Research
Source: Yahoo! Finance Canada
Shares in the company, which is designing so-called small modular nuclear reactors (SMRs), have surged nearly 140% over the past month on Big Tech's growing interest in nuclear power . SMRs are designed to produce cheaper, faster, greener energy than traditional nuclear facilities. Oklo Inc. (OKLO) Amazon ( AMZN ) and Google GOOG ) in mid-October announced substantial investments in SMR projects as they look to balance their climate goals with the growing energy demands of the data centers powering their various AI software. Oracle's ( ORCL ) Larry Ellison announced in September that the company intends to build a data center powered by SMRs “A nuclear power renaissance is underway with nuclear increasingly viewed as a solution which solves both the increased need for baseload power and the need to decarbonize,” wrote Craig-Hallum analyst Eric Stine in a recent note to investors. Baseload power refers to the day-to-day energy demand on an electrical grid. Stine said Google an
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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