OpenAI CEO Sam Altman-backed nuclear power startup Oklo Inc. received an outperform rating from Wedbush Securities, marking another milestone in its push to power the artificial intelligence revolution through advanced nuclear technology.
The top nine mid-cap stocks from the last week are: Quantum Computing Inc., BlackBerry Limited, IonQ, Inc., Rigetti Computing, Inc., SoundHound AI, Inc., Xometry, Inc., Lucid Group, Inc., Oklo Inc., and Azenta, Inc.
Oklo Inc (NYSEOKLO) shares are trading higher Wednesday. The Sam Altman-backed nuclear startup announced a large agreement to provide advanced nuclear power for an AI, cloud and data center provider.
Oklo Inc. (NYSEOKLO) (“Oklo” or the “Company”), an advanced nuclear technology company, and Switch, a premier provider of AI, cloud and enterprise data centers, have signed a non-binding Master Power Agreement (“Master Agreement”) to deploy 12 gigawatts of Oklo Aurora powerhouse projects through 2044. This is one of the largest corporate clean power agreements ever signed. The Master Agreement establishes a framework for collaboration, with the expectation that individual binding agreements will be finalized as project milestones are reached.
The recent 7% pullback in the utility sector, led by declines in top-performing nuclear stocks, raises the question: Time to buy the dip in nuclear stocks?
A look at the detailed price volume analysis on S&P 500, Nasdaq 100, Dow Jones & Russell 2000, Gold & silver futures, Bitcoin, Crude oil futures, and Dollar index.
Bernard Looney, former CEO of oil and gas giant BP said on Sunday that he will join AI data center start-up, Prometheus Hyperscale, as the chairman of the board of directors.
The top performers in the last week were Lemonade, Inc., Archer Aviation Inc., C3.ai, Inc., Oklo Inc., Applied Digital Corporation, Unity Software Inc., Nebius Group N.V., NuScale Power Corporation, and Hims & Hers Health, Inc.
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”) (NYSEOKLO) on behalf of Oklo stockholders. Our investigation concerns whether Oklo has violated the federal securities laws and/or engaged in other unlawful business practices.
Oklo Inc. (NYSEOKLO), an advanced nuclear technology company, announced today that Atomic Alchemy Inc. (Atomic Alchemy), which Oklo has proposed to acquire through an all-stock transaction, has signed a Memorandum of Understanding (MOU) with Zeno Power Systems, Inc. (Zeno Power), a leading developer of commercial Radioisotope Power Systems (RPSs). Zeno Power’s innovative power systems convert heat from radioisotopes into a reliable and consistent supply of clean energy for commercial and government customers in critical environments across space and terrestrial markets.
