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 ...

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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 ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

NEW YORK, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Oklo Inc. (“Oklo” or the “Company”) (NYSE:OKLO) on behalf of Oklo stockholders. Our investigation concerns whether Oklo has violated the federal securities laws and/or engaged in other unlawful business practices. Click here to participate in the action. On November 20, 2024, Kerrisdale Capital ("Kerrisdale") published a short report on Oklo, ...

Oklo (OKLO 1.60%) is well capitalized for now and can raise money at more favorable terms after hitting milestones.*Stock prices used were the afternoon prices of Nov. 18, 2024. The video was published on Nov. 20, 2024. ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

Shares of Liberty Energy rose on Monday after President-elect Donald Trump picked CEO Chris Wright as energy secretary.Liberty Energy is an oilfield services company headquartered in Denver, Colorado with a market capitalization of $2.7 billion.The shares were up 5% in premarket trading Monday.Wright also serves as board member at Oklo, a nuclear startup backed by OpenAI CEO Sam Altman that is developing micro reactors. Oklo's stock surged nearly 10% in premarket trading.Wright will also serve as a board me ...