The 10-Year Treasury Eased to 4.9%. Here's Why Oklo, Archer, and Rocket Lab All Got Crushed -- and Which One I'd Buy Anyway.

Oklo has yet to scale its nuclear business and trades at about 3,600 times sales, which leaves it exposed to higher borrowing costs. Archer Aviation still needs to scale production and win aircraft certification, and it trades at about 460 times sales.