Nuclear stocks are suddenly surging. Is this one a winner?Move over, AI stocks. Nuclear stocks are becoming the next big thing.Investors have caught on to tech powerhouses like Nvidia that are capitalizing on demand for artificial intelligence (AI) chip components, but the data centers running AI applications like ChatGPT require tremendous amounts of power, and the big question facing investors now is which companies are going to power these "AI factories."That's the main reason why utilities have been one ...

Company Performance - OKLO shares surged 169 42% in the last 30 days reaching a pre market price of $22 48 on October 22 2024 [1] - The stock experienced a 54 16% rise in the last 5 days and a 22 38% rally in the last session [1] Key Drivers of the Rally - The rally is driven by the alliance between artificial intelligence (AI) and nuclear energy with significant venture capital backing from major players like OpenAI's Sam Altman and Palantir's Peter Thiel [2] - The Department of Energy approved Oklo's plans to investigate a location at Idaho National Laboratory for a nuclear reactor and the conceptual design for the Aurora Fuel Fabrication Facility was also approved [3] Company Operations and Technology - Oklo designs and produces compact fission reactors providing 15 50 MWe of electrical power for data centers AI remote settlements military bases and industrial plants [3] Industry Trends - The nuclear energy sector is experiencing a renaissance driven by big tech's plans to utilize nuclear power for AI programs [5] - Multiple firms and funds involved with atomic energy have been rallying with initiatives like Microsoft's plans to restart the Three Mile Island nuclear reactor [5] - Fission is gaining traction as a reliable and clean energy source to meet the AI boom's energy demands and mitigate climate change [5] - Globally 60 nuclear plants are under construction and 110 are planned across all continents except Australia and Antarctica [5] Potential Challenges - Work at the Idaho site may not begin in 2027 as planned due to pending construction approval from the Nuclear Regulatory Commission [4] - Fission reactors may face obsolescence depending on the progress of fusion reactor projects like the International Thermonuclear Experimental Reactor (ITER) [4]

Key Takeaways Oklo shares soared 22% to a new record high Monday as investors continue piling into the Sam Altmanbacked Nuclear energy startup. The stock has more than doubled over the past month on growing consensus among analysts that nuclear energy-related companies will benefit from big tech hyperscalers turning to the energy source to power AI data centers. The relative strength index confirms bullish price momentum, but also warns of extremely overbought conditions that could lead to near-term decline ...

Michael Wiggins De Oliveira is an inflection investor. This means buying into cheap companies at the moment when their narrative is changing and the business is on a path toward becoming significantly more profitable over the next year. With a focus on tech and "the Great Energy Transition (including uranium)", Michael runs a concentrated portfolio with approximately 15 to 20 stocks and an average holding period of 18 months. Through his 10+ years analyzing countless companies, Michael has accumulated outst ...

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Exhibit 99.1 ()OKLO Q2 2024 Shareholder Letter a shar | --- | --- | |------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------| | | | | Oklo is a fast fission clean power technology and | | | nuclear fuel recycling company developing power plants to provide clean, reliable, and ...

FORM 10-Q 640 Fifth Avenue, 12th Floor New York, NY 10019 (Address of principal executive offices) Table of Contents | --- | --- | --- | --- | --- | --- | |-----------------------------------------------------------------|------------------------|--------------|------------------------------------|-------|-----------------------| | | | | March 31, 2024 \n(unaudited) | | December 31, 2023 | | | | | | | | | | | $ | 420,807 | $ | 1,628,692 | | | | | 280,860 | | 430,720 | | | | | 701,667 | | 2,059,412 | | | | | ...

If we seek stockholder approval, unless otherwise required by applicable law, regulation or stock exchange rules, we will complete our initial business combination only if a majority of the outstanding shares of common stock voted are voted in favor of the business combination. A quorum for such meeting will consist of the holders present in person or by proxy of shares of outstanding capital stock of the company representing a majority of the voting power of all outstanding shares of capital stock of the c ...

Table of Contents AltC Acquisition Corp. (the "Company") was incorporated in Delaware on February 1, 2021. The Company was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses (the "Business Combination"). The Company is an early stage and emerging growth company and, as such, the Company is subject to all of the risks associated with early stage and emerging growth companies. As of ...

ALTC ACQUISITION CORP. CONDENSED STATEMENTS OF CHANGES IN STOCKHOLDERS' DEFICIT (UNAUDITED) | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |--------------------------------------------------------------|-------------------------------------|-------------------|--------------|----------------------------------------|---------------------------------|-------|----------------------------------------|-----------------------------------------|-----------------------------------------------| | Bala ...