1 00:00:02,520 --> 00:00:08,720 Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The. 2 00:00:08,720 --> 00:00:12,560 Speaker 2: Stock Movers report, your roundup of companies making moves in 3 00:00:12,600 --> 00:00:15,880 Speaker 2: the stock market, harnessing the power of Bloomberg data. 4 00:00:16,280 --> 00:00:17,799 Speaker 3: Just take a look at some of the stocks on 5 00:00:17,840 --> 00:00:20,319 Speaker 3: the moves today. We can do that with bloombergs Isabel 6 00:00:20,400 --> 00:00:22,239 Speaker 3: Lee Isa about what are you looking at core Weave. 7 00:00:22,280 --> 00:00:24,360 Speaker 1: The stock is popping up by ten percent, that's the 8 00:00:24,440 --> 00:00:27,880 Speaker 1: highest sinse November. So Nvidia invested two billion dollars in 9 00:00:27,960 --> 00:00:30,240 Speaker 1: core Weave. This is to help speed up an effort 10 00:00:30,240 --> 00:00:32,839 Speaker 1: to add more than five giggle watts of a computing 11 00:00:32,840 --> 00:00:35,720 Speaker 1: capacity by twenty thirty. So in Vida purchase, core wead 12 00:00:35,720 --> 00:00:38,280 Speaker 1: class A common stock at around eighty seven dollars and 13 00:00:38,320 --> 00:00:40,560 Speaker 1: twenty cents a share. And as part of this collaboration, 14 00:00:41,000 --> 00:00:43,640 Speaker 1: coreweed will be among the first to deploy forthcoming in 15 00:00:43,760 --> 00:00:47,159 Speaker 1: video products. This is including storage systems in the new 16 00:00:47,280 --> 00:00:50,280 Speaker 1: CPU called Vera. So lots of good news there. We 17 00:00:50,320 --> 00:00:52,480 Speaker 1: know that in Vidia is a dominant maker of AI 18 00:00:52,600 --> 00:00:54,440 Speaker 1: space and again they're flexing their muscle. 19 00:00:54,600 --> 00:00:56,360 Speaker 3: They're flexing their muscle. They have a lot of Cashi 20 00:00:56,440 --> 00:00:58,360 Speaker 3: use and they've already invested in core Weaves. So this 21 00:00:58,440 --> 00:01:01,400 Speaker 3: is kind of to build up to buttress their current stake. 22 00:01:01,560 --> 00:01:03,480 Speaker 3: All right, let's move on to your second stock. 23 00:01:03,920 --> 00:01:07,400 Speaker 1: Second stock is US Rare Earth tickers USAR. The stock 24 00:01:07,520 --> 00:01:09,959 Speaker 1: is up by also sixteen percent, so really a huge 25 00:01:09,959 --> 00:01:12,400 Speaker 1: pop there. They signed a non binding agreement with a 26 00:01:12,440 --> 00:01:16,160 Speaker 1: commerce department to receive one point six billion dollars in funding. 27 00:01:16,200 --> 00:01:18,720 Speaker 1: This is again to also speed up US production of 28 00:01:18,800 --> 00:01:21,760 Speaker 1: key rare earth minerals. The deal will support the company 29 00:01:21,800 --> 00:01:26,200 Speaker 1: spending on rare earth mining, processing, metal making, and magnet manufacturing. 30 00:01:26,240 --> 00:01:29,480 Speaker 1: Of course, it's subject to further due diligence, but for now, 31 00:01:29,520 --> 00:01:32,440 Speaker 1: investors are cheering because we know that rare earth has 32 00:01:32,480 --> 00:01:35,280 Speaker 1: really been central to this administration and production of that 33 00:01:35,480 --> 00:01:37,839 Speaker 1: has been a key focus. And we have MP Corp. 34 00:01:37,920 --> 00:01:40,720 Speaker 1: That's the company that's the country's only rare earth miner 35 00:01:41,040 --> 00:01:44,119 Speaker 1: currently producing. They also secured a landmark they last year, 36 00:01:44,160 --> 00:01:45,880 Speaker 1: So maybe maybe this could be a. 37 00:01:45,800 --> 00:01:51,240 Speaker 3: Trend company spased in Stillwater, Oklahoma. Oh, talk about Middle America. 38 00:01:51,280 --> 00:01:51,760 Speaker 1: That's cool. 39 00:01:52,280 --> 00:01:55,040 Speaker 3: I'll always love that name, still Water, Oklahoma. All right, 40 00:01:55,080 --> 00:01:56,840 Speaker 3: one more you got for US app. 41 00:01:56,640 --> 00:02:01,280 Speaker 1: Loving ticker is APP. This stock is in the green, 42 00:02:01,400 --> 00:02:04,840 Speaker 1: up by four percent, so it's a mobile marketing app 43 00:02:04,880 --> 00:02:07,560 Speaker 1: SO shares are rising after Nitum upgraded the company to 44 00:02:07,640 --> 00:02:10,519 Speaker 1: buy from hold. The analyst said that they have more 45 00:02:10,560 --> 00:02:13,240 Speaker 1: confidence in the trajectory of the e commerce avenue growth 46 00:02:13,240 --> 00:02:15,600 Speaker 1: in the coming year. At the same time, the stock 47 00:02:15,600 --> 00:02:18,240 Speaker 1: has pulled back off a few highs a couple of 48 00:02:18,280 --> 00:02:21,000 Speaker 1: months ago, So price starget is set to seven hundred dollars. 49 00:02:21,000 --> 00:02:24,840 Speaker 1: That's a thirty three percent increase from the clothes on Friday. 50 00:02:24,960 --> 00:02:28,480 Speaker 1: But for now the stock is down twenty five percent 51 00:02:28,600 --> 00:02:30,520 Speaker 1: from a December peak. But I guess that's why the 52 00:02:30,840 --> 00:02:35,839 Speaker 1: analyst is further upside for that and that it's not overvalued. 53 00:02:35,880 --> 00:02:37,600 Speaker 1: So for now, it's good news for the stock. I 54 00:02:37,600 --> 00:02:39,400 Speaker 1: gave you all Greens. Actually, I just. 55 00:02:39,440 --> 00:02:40,120 Speaker 3: Thank you for that. 56 00:02:42,120 --> 00:02:46,160 Speaker 2: The Stock Movers report from Bloomberg Radio. 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