Oklo Inc. gains 57.96% between April 1 and April 27; announces partnership with Nvidia and Los Alamos National Laboratory on April 23

Oklo Inc. (NYSE:OKLO) announced a partnership with Nvidia and the Los Alamos National Laboratory on April 23 to advance nuclear infrastructure, AI-enabled research, and nuclear fuel R&D in support of the DoE's Genesis Mission.

The collaboration aims to advance Oklo's plutonium-bearing fuel work on its Pluto reactor, which was selected under DOE's Reactor Pilot Program, according to Co-Founder and CEO Jacob DeWitte.

On the same day, HSBC initiated coverage of the stock with a 'Buy' rating and a price target of $96, indicating upside of over 26% from current price levels.