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Speaker 1: Bloomberg Audio Studios, podcasts, radio news.

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Speaker 2: The Stock Movers report your roundup of companies making moves

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Speaker 2: in the stock market, harnessing the power of Bloomberg Data.

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Speaker 1: Lisa Matel and stockmovers. What do you have?

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Speaker 3: All right?

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Speaker 4: A lot of stocks are moving off of headlines in

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Speaker 4: the crazy news flow today. So nuclear power plants Oaklow

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Speaker 4: as up as much as eighteen percent it ticker OKLO.

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Speaker 4: Then we have Vistra ticker VST. They're up as much

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Speaker 4: as sixteen percent. The news behind all this is that

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Speaker 4: Meta has agreed to this series of electricity deals to

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Speaker 4: power their data to power data centers. It's going to

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Speaker 4: purchase electricity from three existing Vistra plants. Also supports several

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Speaker 4: small reactors that Oaklow and terror Power are planning to

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Speaker 4: build over the next decade. They couldn't end up totally

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Speaker 4: more than six gigawatts. That's enough power to power a

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Speaker 4: city of about five million homes. No word on the

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Speaker 4: value of the contracts. That wasn't talked about, but experts

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Speaker 4: are saying the agreements this big. Well, they can easily

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Speaker 4: represent billions of dollars total revenue for electricity generators.

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Speaker 1: Big tech.

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Speaker 4: You know that they're trying to secure energy right because

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Speaker 4: we have this big battle for AI dominance. Meta did

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Speaker 4: say a couple of things. They said, the agreement kind

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Speaker 4: of addresses those concerns about shuttering existing nuclear power plants,

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Speaker 4: but also it shows a need for early investment to

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Speaker 4: create new nuclear power. They say they're committed to this

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Speaker 4: low carbon energy. But that news has really has these

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Speaker 4: two stocks soaring this morning.

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Speaker 3: My thing is the modular small modular reactors, those little

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Speaker 3: reactors you can put right next to a data center

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Speaker 3: to power that data center. That technology is pretty cool.

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Speaker 4: Yeah, and that's what.

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Speaker 1: The Detroit, the Toronto maple Leafs blue button. I missed

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Speaker 1: that is America ready to be France.

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Speaker 3: My first opinion is we're going to need energy from everywhere,

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Speaker 3: whether it's a windmill, uh, a plant, I don't know

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Speaker 3: nowls yeah, sure.

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Speaker 1: Would you put those windmills out off your beach house?

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Speaker 3: No?

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Speaker 1: Thank? Okay, Lisa, continue with stopping there we go.

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Speaker 4: These are two others that are going off the headlines.

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Speaker 4: This is Loan Depot LDI. They're up sixteen percent, as

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Speaker 4: much as sixteen percent. Open Door Technologies their shares up

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Speaker 4: about ten percent. The reason behind this is because President Trump,

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Speaker 4: he's directing Fanny Mae Freddie Macter purchased two hundred billion

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Speaker 4: dollars in mortgage bonds. So what he said on social media,

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Speaker 4: he said, it's going to drive mortgage rates down, monthly

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Speaker 4: payments down, and make the cost of owning a home

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Speaker 4: more affordable. That's what he said. He set his decision

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Speaker 4: not to sell Fanny Freddy during his first term. Will

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Speaker 4: that allow them to amass two hundred billion dollars in

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Speaker 4: cash mortgage backed securities. They rallied mortgage link stocks and

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Speaker 4: that's why you see loan depot and open door technologies higher.

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Speaker 4: I also want to touch upon before we go, glen

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Speaker 4: Core take her g l e n up in ten

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Speaker 4: percent in London. Rio Tinto in talks to buy the

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Speaker 4: company create the world's biggest mining company, a combined market

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Speaker 4: value more than two hundred billion dollars, and they actually

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Speaker 4: tried to make this deal happen almost a year ago,

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Speaker 4: but it fell through. So it looks like the talks

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Speaker 4: are back up again. They've been talking about potential combination

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Speaker 4: of some of their businesses, like an all shared takeover,

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Speaker 4: but it's going to create this new mining giant, something

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Speaker 4: that can rival BEHP, It could expand Rio Tinto's copper production,

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Speaker 4: and we've been talking about copper. Copper has been trading

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Speaker 4: at record high, so that's a big deal.

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Speaker 1: What's there going to be like one or two mining

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Speaker 1: companies worldwide.

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Speaker 3: That's what is probably what you need to do. I know,

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Speaker 3: I know one of the bankers on this deal the

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Speaker 3: most miserable person I've ever because he's working and working

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Speaker 3: and he's not getting paid. He can't pitch new business

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Speaker 3: because this is always on a fun burn.

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Speaker 2: This stock mover's report from Bloomberg Radio. Check back with

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Speaker 2: us throughout the day for the latest roundup of companies

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Speaker 2: making news on Wall Street and for the latest market

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Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube,

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