Speaker 1: Bloomberg Audio Studios, podcasts, radio News.
Speaker 2: The Stock Movers Report, your roundup of companies making moves
Speaker 2: in the stock market harnessing the power of Bloomberg Data.
Speaker 2: Let's take a look at some of the stocks on
Speaker 2: the move today. We can do that, what.
Speaker 1: With Bloombergs Christine Christian what are you looking at all? Right, Paul,
Speaker 1: We're going to take a look at Video today. Of course,
Speaker 1: the ticker NVDA. Those shares are two percent. And we
Speaker 1: did hear from CEO Jensen Wang at the cs trade
Speaker 1: show yesterday. He's saying that the company's highly anticipated Reuben
Speaker 1: data center processors there in production thereon trout for deployment.
Speaker 1: They're looking at sending them to customers in the second
Speaker 1: half of this year. So digging more into this Rubenship
Speaker 1: right again. It's named after astronomer VERA. Rubin. It is
Speaker 1: Nvidia's latest accelerator. Apparently it's three and a half times
Speaker 1: better at training and five times better at running AI
Speaker 1: software than its predecessor, the game as Blackwell chips of course,
Speaker 1: and in Nvidia Well. Jensen Wang also saying that the
Speaker 1: company has seen strong demand from customers in China for
Speaker 1: the H two hundred chip. Remember that chip is currently
Speaker 1: under consideration by Trump administration whether they're going to be
Speaker 1: able to sell it to China, so that's still pending.
Speaker 1: But Jensen Wang saying that there's already demand lineup for
Speaker 1: that chip. So sounds like all positive from Nvidia yesterday.
Speaker 2: All right, good stuff.
Speaker 1: Let's talk about the utility sector absolutely, Scarlett. Let's take
Speaker 1: a look at Vista so VST and those shares are
Speaker 1: up nearly four percent today. So they're making a play.
Speaker 1: It's m and A Tuesday, I guess for this company.
Speaker 1: H They're going to be paying four billion dollars for
Speaker 1: ten natural gas fire power plants in the US Northeast
Speaker 1: and Texas, which were previously owned by Cogentrics Energy. So
Speaker 1: this move essentially seen as a play by Vistra to
Speaker 1: accumulate power assets because they're going to try and meet
Speaker 1: the demand for power from data under buildouts and so
Speaker 1: the acquisition, of course gives them access to three major
Speaker 1: US grids in New England, Texas, and the system that
Speaker 1: spans from New Jersey to Chicago. So this move is
Speaker 1: actually the latest of a series of acquisitions they've made
Speaker 1: over the past year. They paid six point eight billion
Speaker 1: dollars for a nuclear fleet in twenty twenty four and
Speaker 1: one point nine billion dollars for seven gas plants in May.
Speaker 1: So this is the latest m and a move for
Speaker 1: them to meet that AI data center demand.
Speaker 2: What I say it one more.
Speaker 1: Taking a look at micro trips today as well, so
Speaker 1: ticker MCCHP those they are soaring up more than eight
Speaker 1: percent now, so extending opening gains, and that is because
Speaker 1: we did get a net sales forecast for them for
Speaker 1: the third quarter that beat the average analyst estimate. The
Speaker 1: company is looking at one point nineteen billion dollars for
Speaker 1: the period versus the average estimate of one point fourteen
Speaker 1: billion dollars. They also said that Booking's activity was very
Speaker 1: strong in December, and Morgan Stanley analysts expecting the company
Speaker 1: estimates to rise again in twenty twenty six, but probably
Speaker 1: less lightly for twenty twenty seven. Mewhile Canter upgrading the
Speaker 1: stock to overweight from neutrals. A lot of good news.
Speaker 2: To be had from extra the Stock Movers report from
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Speaker 2: the latest roundup of companies making news on Wall Street
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