Why Vistra Stock Surged Today
Artificial intelligence (AI) and nuclear power go together like peanut butter and jelly.Shares of Vistra (VST +10.47%) climbed more than 10% on Friday after the electricity provider announced long-term power purchase agreements (PPAs) with Meta Platforms (META +1.15%). Vistra's nuclear plants are getting a second lease on lifeUnder the terms of the 20-year PPAs, Vistra will supply over 2,600 megawatts (MW) of zero-carbon energy from three of its nuclear plants to support Meta's artificial intelligence (AI) ...