Is Oklo a Millionaire Maker, or Is the Hype Overdone?

Oklo (NYSE: OKLO) is finally having the moment investors have been waiting for.On Friday, Aug. 7, Oklo reported its first-ever quarterly revenue. Although it also reported a wider-than-expected net loss of about $48.5 million, Oklo managed to rake in $1.21 million in revenue, up from none a year earlier. Operating expenses soared to about $74 million, but the balance sheet had $3 billion in total liquidity. Furthermore, Oklo's Groves Reactor, a test reactor, achieved first criticality, meaning it sustained a controlled nuclear chain reaction for the first time. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool