Finance

Stocks making the biggest moves premarket: Vistra, Oklo, Intel, General Motors & more

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Check out the companies making headlines before the bell. Vistra , Oklo — The nuclear power companies jumped 15% and 18%, respectively, after striking deals to power Meta’s AI ambitions . Intel — Shares popped nearly 3% after President Donald Trump posted a flattering message about Intel on social media following his meeting with the firm’s CEO Lip-Bu Tan. “The U.S. government is proud to be a Shareholder of Intel, and has already made, through its U.S.A. ownership position, Tens of Billions of Dollars for the American People — IN JUST FOUR MONTHS,” Trump wrote on Truth Social. Southwest Airlines — The airline jumped more than 3% after receiving an upgrade to overweight from underweight by JPMorgan. It also clinched a price target hike to $60 from $36, a new JPM note to clients shows. WD-40 — Shares rose 2% after the company reported its first-quarter earnings, reaffirming its full-year guidance for earnings per share of $5.75-6.15 versus FactSet analysts’ consensus estimate of $6.08. It also maintained its revenue outlook. General Motors — Shares fell 2% after the automobile company said late Thursday it would take $7.1 billion in special charges for the fourth quarter due to its restructuring in China and electric-vehicle demand pullback. The company will report its fourth-quarter earnings on Jan. 27. Olin — The chemicals manufacturer’s stock plunged 10% after the company slashed its fourth-quarter EBITDA guidance to roughly $67 million, down from a range of $110 million to $130 million.

This article was originally published by a Cnbc.com. Read the Original article here. .

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