Stock Track | Oklo Inc. Soars 5.5% in Pre-Market on Massive Nuclear Power Deal with Data Center Operator

Stock Track12-19

Oklo Inc. (OKLO) shares surged 5.5% in pre-market trading on Thursday, following the announcement of a groundbreaking agreement to supply nuclear power to data center operator Switch.

The advanced nuclear technology company signed a non-binding Master Power Agreement with Switch to develop, construct and operate 12 gigawatts of its Aurora powerhouse projects through 2044. This involves a series of power purchase agreements to provide emissions-free energy to Switch's cutting-edge data centers across the United States.

This landmark partnership highlights the growing demand for reliable and sustainable power solutions to meet the electricity needs of artificial intelligence and data center infrastructure. Oklo's advanced nuclear reactors are well-positioned to play a pivotal role in supporting this rapid growth while minimizing environmental impacts.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1123200021?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-12-19 19:38","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1123200021","market":"hk","top_or_hot":-1,"title":"Stock Track | Oklo Inc. Soars 5.5% in Pre-Market on Massive Nuclear Power Deal with Data Center Operator","media":"Stock Track","content":"<p>Oklo Inc. (OKLO) shares surged 5.5% in pre-market trading on Thursday, following the announcement of a groundbreaking agreement to supply nuclear power to data center operator Switch.</p>\n\n<p>The advanced nuclear technology company signed a non-binding Master Power Agreement with Switch to develop, construct and operate 12 gigawatts of its Aurora powerhouse projects through 2044. This involves a series of power purchase agreements to provide emissions-free energy to Switch's cutting-edge data centers across the United States.</p>\n\n<p>This landmark partnership highlights the growing demand for reliable and sustainable power solutions to meet the electricity needs of artificial intelligence and data center infrastructure. Oklo's advanced nuclear reactors are well-positioned to play a pivotal role in supporting this rapid growth while minimizing environmental impacts.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Oklo Inc. Soars 5.5% in Pre-Market on Massive Nuclear Power Deal with Data Center Operator</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Oklo Inc. Soars 5.5% in Pre-Market on Massive Nuclear Power Deal with Data Center Operator\n</h2>\n\n<h4 class=\"meta\">\n\n2024-12-19 19:38 北京时间&nbsp;&nbsp;&nbsp;<strong>Stock Track</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Oklo Inc. (OKLO) shares surged 5.5% in pre-market trading on Thursday, following the announcement of a groundbreaking agreement to supply nuclear power to data center operator Switch.\nThe advanced ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"OKLO","symbol_name":"Oklo Inc.","start_time":0,"source_url":"","article_id":"1123200021","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1123200021","pubTimestamp":1734608308,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Oklo Inc.  shares surged 5.5% in pre-market trading on Thursday, following the announcement of a groundbreaking agreement to supply nuclear power to data center operator Switch.The advanced nuclear technology company signed a non-binding Master Power Agreement with Switch to develop, construct and operate 12 gigawatts of its Aurora powerhouse projects through 2044. This involves a series of power purchase agreements to provide emissions-free energy to Switch's cutting-edge data centers across th","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"OKLO":"Oklo Inc."},"translate_title":"Oklo Inc.与数据中心运营商达成大规模核电交易，盘前股价飙升5.5%","themeId":"5bccf3977e9793177b00aabe64a28ad5","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"OKLO":1},"content_text":"Oklo Inc. (OKLO) shares surged 5.5% in pre-market trading on Thursday, following the announcement of a groundbreaking agreement to supply nuclear power to data center operator Switch.\nThe advanced nuclear technology company signed a non-binding Master Power Agreement with Switch to develop, construct and operate 12 gigawatts of its Aurora powerhouse projects through 2044. This involves a series of power purchase agreements to provide emissions-free energy to Switch's cutting-edge data centers across the United States.\nThis landmark partnership highlights the growing demand for reliable and sustainable power solutions to meet the electricity needs of artificial intelligence and data center infrastructure. Oklo's advanced nuclear reactors are well-positioned to play a pivotal role in supporting this rapid growth while minimizing environmental impacts.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1123200021"}