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    Home»Utilities»Utilities Flat on Rate Doubts – Utilities Roundup
    Utilities

    Utilities Flat on Rate Doubts – Utilities Roundup

    June 11, 20252 Mins Read


    Shares of power producers were more or less flat as traders hedged their bets on the outlook for interest rates.

    Nuclear-power startup Oklo soared in Wednesday’s stock market after the company announced it has been selected by the Department of Defense to deploy its emerging nuclear reactor technology at the Eielson Air Force Base in Alaska.

    NRG Energy, one of the S&P 500’s biggest year-to-date gainers, is using accounting techniques to smooth out earnings reports, and mask the impact of its volatile derivatives-trading, hedging activities.

    Write to Rob Curran at rob.curran@dowjones.com

    (END) Dow Jones Newswires

    June 11, 2025 17:53 ET (21:53 GMT)

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