Oklo, Vistra rise on Meta deal, Opendoor surges on Trump post

Oklo and Vistra shares climbed following their respective announcements of partnerships with Meta Platforms. Oklo revealed a 20-year power purchase agreement to supply Meta's data centers with 500 MW of clean power, while Vistra announced a data center power deal with Meta. These collaborations signal Meta's expanding energy needs and its commitment to sustainable operations, presenting significant revenue opportunities for its energy partners. Investors are interpreting these deals as long-term growth catalysts, particularly as data center expansion continues to drive demand for reliable and sustainable power solutions. Concurrently, Opendoor Technologies saw a notable spike in its stock price after former President Donald Trump lauded the company on his Truth Social platform. Although the post lacked specific details, the mere mention from a figure with a large following was sufficient to ignite considerable trading activity and push shares higher. This event underscores the outsized and often unpredictable influence social media, particularly from prominent figures, can have on market sentiment and stock valuations, even in the absence of fundamental news. Moving forward, market participants will be keenly observing developments in Meta's energy infrastructure projects, as successful execution could further validate its partners' growth trajectories. For Opendoor, the challenge will be to sustain any gains driven by social media sentiment with tangible business performance amidst a fluctuating housing market.