More than ever, tech giants are searching for clean, sustainable energy sources. One company looking to lead the way with its next-generation nuclear technology is Oklo (OKLO -11.46%). According to data provided by S&P Global Market Intelligence, the company surged 101% higher in 2024.Investor enthusiasm around its technology and what it can do to meet tech companies' growing energy needs has driven the stock higher. Here's what investors need to know about the company and what you can expect going forward. ...

Shares of Oklo Inc. (OKLO) have soared an impressive 95.3% over the past three months, outperforming the Zacks Alternative-Energy industry’s return of 1.9% as well as the broader Zacks Oils-Energy sector’s decline of 6.8%. It has also outpaced the S&P 500’s rise of 3% in the same period.Buoyed by the increasing worldwide adoption of clean energy across industries, Oklo stock has been rallying on impressive quarterly operational performance and strategic partnerships that aim to strengthen its footprint in c ...

About the Publisher - Proactive provides fast, accessible, and actionable business and finance news content to a global investment audience [1] - The company's content is produced independently by experienced and qualified teams of news journalists [1] - Proactive has bureaus and studios in key finance and investment hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] - The company specializes in medium and small-cap markets, while also covering blue-chip companies, commodities, and broader investment stories [2] Industry Coverage - Proactive delivers news and unique insights across various sectors including biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Use of Technology - Proactive is a forward-looking and enthusiastic adopter of technology [4] - The company's human content creators are equipped with decades of expertise and experience, and they use technology to assist and enhance workflows [4] - Proactive occasionally uses automation and software tools, including generative AI, but all content is edited and authored by humans in line with best practices for content production and search engine optimization [5]

Shares of Oklo Inc OKLO were climbing in early trading on Thursday, after the nuclear startup announced a long-term agreement with Switch.The company's business model positions it in a "solid spot" for long-term recurring revenues, according to Wedbush.Analyst Daniel Ives initiated coverage of Oklo with an Outperform rating and a price target of $26.Ives noted the company’s unique business, which brings small modular reactors (SMRs) directly to its customers.Check out other analyst stock ratings.Oklo, backe ...

Oklo (NASDAQ: OKLO), the nuclear energy startup backed by OpenAI CEO Sam Altman, announced on December 18 that it had signed a non-binding Master Power Agreement to supply up to 12 gigawatts of energy to Switch, a Las Vegas-based data center operator. The deal, one of the largest corporate clean power agreements to date, will provide reliable, clean energy for Switch’s AI, cloud, and enterprise data center infrastructure across the U.S.Oklo one-day price chart. Source: Google FinanceThe news initially sent ...

Key TakeawaysNuclear power startup Oklo on Wednesday announced a partnership with data center provider Switch. The news sent Oklo stock higher, before it cooled in late-morning trading. The sides reached a "framework" agreement for Oklo to provide Switch's data centers with 12 gigawatts of power over the next two decades.The deal joins tech's recent push into nuclear energy as tech giants like Amazon and Microsoft look to find power for their growing data centers. Oklo (OKLO), a nuclear energy startup, anno ...

Shares of Oklo (OKLO), a developer of small modular nuclear reactors, surged 17.8% through 9:55 a.m. ET after the company announced "one of the largest corporate clean power agreements ever signed."Teaming up with artificial intelligence (AI) data center operator Switch, a privately owned company that according to S&P Global Market Intelligence data has a market value in excess of $5.4 billion, Oklo announced this morning that it plans to deploy 12 gigawatts of Oklo Aurora powerhouse projects through 2044.  ...

Rendering of a proposed Oklo commercial advanced fission power plant in the U.S.Nuclear startup Oklo aims to deploy 12 gigawatts of power over the next two decades through a framework agreement with data center operator Switch, the companies announced Wednesday.Oklo would deploy what amounts to a fleet of small nuclear reactors through 2044, with power generation equivalent to the annual electricity consumption of more than 9 million households in the U.S.Oklo would develop, build and operate the small nucl ...

Whether our ideas target growth stocks, value plays, or option trade ideas, our goal is always to get you the most 'bang' for your proverbial investingAt PropNotes, we focus on finding high-yield investment opportunities for individual investors.With our background in professional Prop Trading, we make complex concepts easy to understand and offer clear, actionable advice to help you achieve better returns. All of the analysis we produce is designed to help you make smart decisions in the market, backed by ...

The trailblazing startup in the nuclear energy arena, Oklo (NYSE: OKLO ), has been attracting investors' attention to its rollercoaster stock performance. Oklo has surged 22% in the last month, hitting a new all-time high, as interest in its ability to power the nextI am a financial writer with a degree in Finance. In my five-year career, I have worked with two financial companies. I keep a close eye on Energy, Banking, and Tech stocks. My main focus is fundamental analysis and looking at the long-term posi ...