Oklo Stock Sinks as Losses Widen, Reversing Some of Monday's Gains
1. Oklo's shares fell after reporting a $73.62 million loss for 2024. 2. Company aims to submit its first reactor license application this year. 3. Reactor expected to produce power by late 2027 or early 2028. 4. Oklo has $275.3 million in cash for development and licensing costs. 5. Nuclear energy support is rising, assisted by advancements in AI technology.