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Oklo (OKLO) shares gain after the nuclear energy company, backed by OpenAI CEO Sam Altman, secured new agreements to power data centers. Big Tech companies, like Alphabet (GOOG, GOOGL) and Microsoft (MSFT), have turned to nuclear energy to meet the energy-intensive demands of artificial intelligence (AI) data centers.
Catalysts Host Madison Mills examines the performance of electric utility stocks in the context of Big Tech's nuclear push and comments from Tom Steyer, the co-executive chair of Galvanize Climate Solutions, at Yahoo Finance's Invest conference.
Watch the complete interview with Steyer here.
To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.
This post was written by Naomi Buchanan.