WEBVTT - Nvidia Rises, Vistra Gains, Microchip Up After Sale Positive Forecast

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<v Speaker 1>Bloomberg Audio Studios, podcasts, radio News.

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<v Speaker 2>The Stock Movers Report, your roundup of companies making moves

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<v Speaker 2>in the stock market harnessing the power of Bloomberg Data.

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<v Speaker 2>Let's take a look at some of the stocks on

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<v Speaker 2>the move today. We can do that, what.

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<v Speaker 1>With Bloombergs Christine Christian what are you looking at all? Right, Paul,

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<v Speaker 1>We're going to take a look at Video today. Of course,

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<v Speaker 1>the ticker NVDA. Those shares are two percent. And we

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<v Speaker 1>did hear from CEO Jensen Wang at the cs trade

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<v Speaker 1>show yesterday. He's saying that the company's highly anticipated Reuben

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<v Speaker 1>data center processors there in production thereon trout for deployment.

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<v Speaker 1>They're looking at sending them to customers in the second

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<v Speaker 1>half of this year. So digging more into this Rubenship

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<v Speaker 1>right again. It's named after astronomer VERA. Rubin. It is

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<v Speaker 1>Nvidia's latest accelerator. Apparently it's three and a half times

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<v Speaker 1>better at training and five times better at running AI

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<v Speaker 1>software than its predecessor, the game as Blackwell chips of course,

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<v Speaker 1>and in Nvidia Well. Jensen Wang also saying that the

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<v Speaker 1>company has seen strong demand from customers in China for

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<v Speaker 1>the H two hundred chip. Remember that chip is currently

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<v Speaker 1>under consideration by Trump administration whether they're going to be

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<v Speaker 1>able to sell it to China, so that's still pending.

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<v Speaker 1>But Jensen Wang saying that there's already demand lineup for

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<v Speaker 1>that chip. So sounds like all positive from Nvidia yesterday.

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<v Speaker 2>All right, good stuff.

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<v Speaker 1>Let's talk about the utility sector absolutely, Scarlett. Let's take

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<v Speaker 1>a look at Vista so VST and those shares are

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<v Speaker 1>up nearly four percent today. So they're making a play.

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<v Speaker 1>It's m and A Tuesday, I guess for this company.

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<v Speaker 1>H They're going to be paying four billion dollars for

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<v Speaker 1>ten natural gas fire power plants in the US Northeast

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<v Speaker 1>and Texas, which were previously owned by Cogentrics Energy. So

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<v Speaker 1>this move essentially seen as a play by Vistra to

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<v Speaker 1>accumulate power assets because they're going to try and meet

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<v Speaker 1>the demand for power from data under buildouts and so

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<v Speaker 1>the acquisition, of course gives them access to three major

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<v Speaker 1>US grids in New England, Texas, and the system that

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<v Speaker 1>spans from New Jersey to Chicago. So this move is

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<v Speaker 1>actually the latest of a series of acquisitions they've made

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<v Speaker 1>over the past year. They paid six point eight billion

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<v Speaker 1>dollars for a nuclear fleet in twenty twenty four and

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<v Speaker 1>one point nine billion dollars for seven gas plants in May.

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<v Speaker 1>So this is the latest m and a move for

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<v Speaker 1>them to meet that AI data center demand.

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<v Speaker 2>What I say it one more.

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<v Speaker 1>Taking a look at micro trips today as well, so

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<v Speaker 1>ticker MCCHP those they are soaring up more than eight

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<v Speaker 1>percent now, so extending opening gains, and that is because

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<v Speaker 1>we did get a net sales forecast for them for

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<v Speaker 1>the third quarter that beat the average analyst estimate. The

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<v Speaker 1>company is looking at one point nineteen billion dollars for

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<v Speaker 1>the period versus the average estimate of one point fourteen

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<v Speaker 1>billion dollars. They also said that Booking's activity was very

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<v Speaker 1>strong in December, and Morgan Stanley analysts expecting the company

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<v Speaker 1>estimates to rise again in twenty twenty six, but probably

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<v Speaker 1>less lightly for twenty twenty seven. Mewhile Canter upgrading the

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<v Speaker 1>stock to overweight from neutrals. A lot of good news.

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<v Speaker 2>To be had from extra the Stock Movers report from

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<v Speaker 2>the latest roundup of companies making news on Wall Street

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