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AI Stocks Plunge Amid Nuclear Energy Investments

2/23/2025

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Story summary
  • AI stocks experienced a decline on Wall Street, with Constellation Energy and Vistra dropping around 8%, and Oklo falling 9%.
  • Oklo's stock plummeted nearly 30% this week due to worries about AI chip expenditures.
  • Despite recent losses, Constellation and Vistra have seen significant gains of over 200% and 100% respectively in the past year.
  • Major cloud providers are increasingly investing in nuclear power to promote low-carbon energy solutions.