These AI Stocks Plunged During Friday’s Sell-Off

High-flying AI stocks tumbled on Friday amid a broad risk-averse pivot on Wall Street.

Utilities Constellation Energy Corp. (CEG) and Vistra (VST) each closed about 8% lower, while nuclear energy technology company Oklo (OKLO) slid 9%. Oklo, which is backed by OpenAI CEO Sam Altman, lost nearly 30% of its value this week.

Nuclear energy stocks have soared in the past year amid booming demand for electricity to fuel power-hungry artificial intelligence models. Vistra and Constellation…