Nuclear Startup Oklo Soars As AI Boom Sparks Need For New Power Sources
1. OKLO shares rose after key regulatory progress on Aurora Powerhouse reactor. 2. Analysts cite strong bipartisan support and rising electricity demand as motivators. 3. Second-quarter losses slightly exceeded estimates, primarily due to operational costs. 4. Price target raised from $55 to $90 by HC Wainwright & Co. 5. Projected revenue growth CAGR of 112% by 2038 for OKLO's operations.