
Bullish flow in Oklo Inc with shares up 4.53%
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2 hours ago
- Yahoo
Oklo (OKLO) Falls 7.6%. Here's Why
Oklo Inc. (NYSE:OKLO) is one of . Oklo Inc. fell by 7.59 percent on Tuesday to close at $51.74 apiece, tracking a sluggish wider market sentiment as investors were in a wait-and-see mode for further catalysts to boost investing appetite. Additionally, investors unloaded positions following comments from Mad Money host and former hedge fund manager Jim Cramer to 'wait for it to come in.' 'Maybe we give it a week and then take a look. But I am not against Oklo,' he said. In recent news, Oklo Inc. (NYSE:OKLO) announced that its subsidiary, Atomic Alchemy Inc., kicked off the site characterization work at a potential location for a commercial radioisotope production facility at the Idaho National Laboratory. The milestone builds on Atomic Alchemy's progress with prior approvals and agreements, including a Memorandum of Understanding secured in 2020 with the US Department of Energy Idaho Operations Office (DOE-ID) to identify a suitable location to site the project at INL, as well as a license in late November that authorized initial site characterization activities. An engineer conducting tests in a laboratory, looking closely at the latest nuclear fuel technology. The site characterization activities include core borings to collect soil and rock samples that will provide essential data on subsurface composition and ensure that the production facility meets stringent safety and building code requirements while supporting the design of a robust structural foundation. While we acknowledge the potential of OKLO as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio


Business Insider
12 hours ago
- Business Insider
Apple weighed creating cloud service for developers, Information reports
Apple (AAPL) previously discussed the idea of creating a business to rent out its cloud servers to the millions of developers that make apps for its devices, The Information's Aaron Tilley reports. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.


Business Insider
12 hours ago
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Mixed options sentiment in tempus AI Inc Class A with shares up 2.74%
Mixed options sentiment in tempus AI Inc Class A (TEM), with shares up $1.62, or 2.74%, near $60.80. Options volume relatively light with 30k contracts traded and calls leading puts for a put/call ratio of 0.45, compared to a typical level near 0.4. Implied volatility (IV30) dropped 0.82 near 78.31,in the lowest 10% of observations over the past year, suggesting an expected daily move of $3.00. Put-call skew steepened, indicating increased demand for downside protection. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.