Oklo Rises on Meta Deal; Mortgage Stocks Rally; Rio Open to Unlock Glencore Deal
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Oklo Rises on Meta Deal; Mortgage Stocks Rally; Rio Open to Unlock Glencore Deal
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About this listen
On this episode of Stock Movers:
- Oklo (OKLO) shares rise and Vistra (VST) rallies as Meta Platforms agreed to a series of electricity deals for its data centers that will make it the biggest buyer of nuclear power among its hyperscaler peers.
-Shares in LoanDepot (LDI), Rocket Cos (RKT) and Opendoor Technologies (OPEN) jumped in premarket trading Friday after President Donald Trump said on his social media platform that he was directing the purchase of $200 billion in mortgage bonds.
- Rio Tinto (RIO LN) is open to retaining Glencore’s (GLEN LN) massive coal business if merger talks between the two companies are successful, according to people familiar with the matter.
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