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Reversing the downward slide that they had suffered over the past two trading sessions, shares of nuclear energy stock Oklo (OKLO 11.71%) are charging higher today. In addition to the company reporting a new deal, investors are bidding the stock higher in response to an analyst's bullish new take. As of 11:09 a.m. ET, shares of Oklo are up 14.1%. Collaborating with Liberty Energy, Oklo announced today that the two companies are developing an integrated power solution for data center applications that will incorporate power from Oklo's Aurora powerhouse with Liberty's natural gas generation. Lauding the agreement with Liberty, Jacob DeWitte, Oklo's CEO, said, "This collaboration gives large-scale power users a turnkey alternative that integrates generation, backup, grid interaction, and optimization, all through a single provider." Yesterday, Oklo announced that it's partnering with data center infrastructure specialist Vertiv to develop power and cooling solutions suitable for hypersca
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Oklo says it remains on track to break ground on its first nuclear powerhouse by 2027.
SANTA CLARA, Calif.--(BUSINESS WIRE)---- $OKLO #advancedfission--Oklo Inc. (NYSE: OKLO), an advanced nuclear technology company, and Vertiv (NYSE: VRT), a global leader of critical digital infrastructure, today announced a collaboration agreement focused on the co-development of advanced power and thermal management solutions tailored specifically for hyperscale and colocation data centers, powered by steam and electricity from Oklo's advanced nuclear power plants. The pilot technology demonstration is planned for the in.
Vertiv targets AI-driven expansion with $200 million buyout of Great Lakes, enhancing its rack and thermal solutions.
COLUMBUS, Ohio , July 21, 2025 /PRNewswire/ -- Vertiv (NYSE: VRT), a global leader in critical digital infrastructure, today announced the appointment of Wei Shen as president of Greater China, effective July 22, 2025. Shen joins Vertiv from Gates Corporation, where he served as vice president, general manager – Greater China for nine years.
Recently, Zacks.com users have been paying close attention to Vertiv (VRT). This makes it worthwhile to examine what the stock has in store.
NEW YORK , July 17, 2025 /PRNewswire/ -- Purcell & Lefkowitz LLP announces that it is investigating Vertiv Holdings Co (NYSE: VRT) on behalf of the company's shareholders. The investigation seeks to determine whether Vertiv Holdings Co's directors breached their fiduciary duties in connection with recent corporate actions.
Vertiv on Thursday announced an agreement to buy Great Lakes Data Racks & Cabinets for $200 million. Vertiv stock rose on the news.
Acquisition positioned to strengthen leadership in high-density integrated infrastructure offerings COLUMBUS, Ohio , July 17, 2025 /PRNewswire/ -- Vertiv (NYSE: VRT), a global provider of critical digital infrastructure, today announced it has entered into an agreement to acquire the Great Lakes Data Racks & Cabinets family of companies (collectively "Great Lakes") for $200 million. Great Lakes is recognized for designing and manufacturing innovative, highly customized data rack enclosures and other integrated infrastructure offerings that form the foundation of today's data centers.