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Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The Stock Movers report,

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Speaker 1: your roundup of companies making moves in the stock market

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Speaker 1: harnessing the power of Bloomberg Data.

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Speaker 2: Let's now take a look at some of the stocks

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Speaker 2: that are on the move this morning, and I'll start

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Speaker 2: with Palenteer Technologies, Alexis, and Nora stock jumping into the

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Speaker 2: pre market trading. The ongoing military conflict is renewing investor

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Speaker 2: appetite for defense linked artificial intelligence companies, and we see

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Speaker 2: this rotation into the companies with direct defense and government

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Speaker 2: intelligence exposure. Palenteer, which provides AI powered data platforms to

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Speaker 2: the military and intelligence community, that sits squarely in this category.

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Speaker 2: By the way, in the fourth quarter twenty twenty five

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Speaker 2: results reported on February second, Palaenteer posted revenue of about

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Speaker 2: one point four billion dollars. That is a seventy percent

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Speaker 2: year over year surge.

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Speaker 1: Wow, that's no small fry.

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Speaker 2: No small fry. Next up, let's take a look at always,

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Speaker 2: one of the most actively traded stocks in Nvidia agreeing

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Speaker 2: to invest four billion dollars in two companies that develop

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Speaker 2: data center optics that are essential for AI systems. They're

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Speaker 2: going to invest two billion dollars apiece in Lumentum Holdings

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Speaker 2: and Coherent Corporation in multi year deals. Both of these

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Speaker 2: deals include purchase agreements and access rights for advanced laser components.

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Speaker 2: The money is going to go to support research and development.

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Speaker 2: In Vidia is using its enormous profits to build up

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Speaker 2: a pretty robust ecosystem to support the development of AI systems.

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Speaker 2: It's invested money directly into data center companies like core

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Speaker 2: Weave you Know and AI model developers like open Ai,

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Speaker 2: helping to boost demand for its chips. By the way, Lumentum,

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Speaker 2: they may optical technologies like high performance lasers that are

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Speaker 2: used to power infrastructure, a needed for AI.

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Speaker 1: The Stockmovers Report from Bloomberg Radio. Check back with us

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Speaker 1: throughout the day for the latest roundup of companies making

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Speaker 1: news on Wall Street and for the latest market moving headlines.

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Speaker 1: Listen to Bloomberg Radio Live, catch us on YouTube, Bloomberg

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