NuScale Power stock jumps after Bank of America upgrade as Meta nuclear pacts lift SMR trade

NuScale Power Corp shares climbed late Friday following a Bank of America upgrade. The small modular reactor developer—known for its factory-built nuclear units—was raised to neutral with a $28 price target, MarketBeat said. The stock was last up 4.3% at $20.51, after reaching $22.49 earlier in the day, per market data.

S&P 500 hits record, chip stocks jump — jobs report and Trump tariff case set up next market move

S&P 500 hits record, chip stocks jump — jobs report and Trump tariff case set up next market move

The S&P 500 closed at a record on Friday as Broadcom and other chip stocks kept Wall Street climbing after a softer-than-expected U.S. jobs report. The index rose 0.65% to 6,966.28, while the Nasdaq gained 0.82% to 23,671.35 and the Dow added 0.48% to 49,504.07; the PHLX semiconductor index, which tracks major chipmakers, jumped 2.7% to a record. “On the overall AI theme, investors are getting granular,” said Zachary Hill at Horizon Investments, as Lam Research surged after Mizuho lifted its price target and Vistra rallied on a power deal with Meta.
Vistra stock jumps after Meta signs 20-year nuclear power deal to feed AI data centers

Vistra stock jumps after Meta signs 20-year nuclear power deal to feed AI data centers

Vistra Corp shares rose 10.5% in after-hours trading on Friday after Meta Platforms said it struck 20-year agreements to buy power from three Vistra nuclear plants. Shares were at $166.37 after swinging between $150.83 and $178.40 earlier in the day. Meta also said it will work with Oklo and TerraPower on small modular reactors, or SMRs — smaller nuclear units meant to be built largely in factories.
Meta stock edges higher after nuclear power deals aimed at AI data centers

Meta stock edges higher after nuclear power deals aimed at AI data centers

Meta Platforms, Inc. shares rose 1.1% to $653.06 in after-hours trading on Friday after the Facebook owner unveiled a slate of nuclear power agreements meant to supply its power-hungry AI data centers. Meta said deals with Vistra, Oklo and TerraPower could back as much as 6.6 gigawatts of new and existing nuclear capacity by 2035.
Oklo stock jumps as Meta backs 1.2-GW Ohio nuclear campus to power AI data centers

Oklo stock jumps as Meta backs 1.2-GW Ohio nuclear campus to power AI data centers

Oklo shares jumped nearly 20% in premarket trade on Friday after Meta Platforms said it would back the nuclear developer’s plan for up to 1.2 gigawatts of new capacity in Ohio, part of a broader push to lock down power for data centers. Meta also signed 20-year deals to buy electricity from three Vistra nuclear plants and will support small modular reactor projects with TerraPower. Meta executive Joel Kaplan said the plan would “make Meta one of the most significant corporate purchasers of nuclear energy in American history.”