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Speaker 1: Bloomberg Audio Studios, podcasts, radio News.

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Speaker 2: This Stock Movers report, your roundup of companies making moves

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Speaker 2: in the stock market, harnessing the power of Bloomberg Data.

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Speaker 1: Let's take a look at some stocks on the move today.

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Speaker 1: I'm Nathan Hager, joined by Bloomberg's Valerie Titel on this

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Speaker 1: Fed decision day. We've got lots of stocks to talk

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Speaker 1: about while we wait for what the Fed decides this afternoon.

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Speaker 1: Val let's talk about in Video seeing a lot of

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Speaker 1: headlines about some maybe Chinese tech giants thinking about buying

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Speaker 1: chips now that they're allowed to. Is that affecting the

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Speaker 1: stock at all this morning?

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Speaker 3: It is, but just slightly. In Video is outperforming the NASDAC.

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Speaker 3: It's higher by around three tenths of one percent. But

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Speaker 3: there really does seem to be a lack of excitement

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Speaker 3: around the story of n Video being allowed to sell

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Speaker 3: AI chips into the China market. We had some reporting

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Speaker 3: of from Reuter's stating that Byte Dance and Ali Bob

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Speaker 3: are keen to make some pretty large orders in the

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Speaker 3: Nvidia H two hundred chip that Trump said yesterday what

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Speaker 3: he would allow to be exported into the Chinese market.

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Speaker 3: These companies are waiting though, for Beijing to give them

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Speaker 3: the green light. The government has really yet to give

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Speaker 3: a clear answer to Trump's announcement on the H two hundred,

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Speaker 3: and in recent months has barred government data centers and

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Speaker 3: Chinese tech companies from buying Nvidia's AI chips. Now, this

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Speaker 3: new chip, the H two hundred, is around six times

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Speaker 3: more powerful than the previous Nvidia chip that they had

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Speaker 3: sold into the China market, So you could see why

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Speaker 3: perhaps byte Dance and Ali Baba are keen to get

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Speaker 3: some orders of it ongoing. But again, the market pricing

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Speaker 3: for Nvidia, if you were thinking that this was going

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Speaker 3: to be a big driver of potential gains, we're not

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Speaker 3: seeing it yet. In the Nvidia stock.

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Speaker 1: Well, we are seeing big gains. Meanwhile, for ge Vernova,

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Speaker 1: what's going on there?

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Speaker 3: Hey, the electrification trade, it's all around AI. Ge Vernova

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Speaker 3: in its investor day yesterday its dividend, boosted its buyback

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Speaker 3: and lifted its profit margin. The shares are higher by

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Speaker 3: nine and a quarter percent so far in pre market trade.

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Speaker 3: The company has been benefiting from soaring demand for electricity

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Speaker 3: driven by data centers, AI and the overall electrification of

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Speaker 3: the economy. Now, this is even more surprising that we're

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Speaker 3: seeing this out performance given the shares have risen around

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Speaker 3: ninety percent. It's here. It's one of the year's best

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Speaker 3: performers in the S and P five hundred. But the

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Speaker 3: story around these energy companies keeps getting more positive. The

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Speaker 3: CEO saying at their investor day that they're going to

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Speaker 3: generate a lot of cash and it's going to give

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Speaker 3: them a chance to play offense in the market.

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Speaker 1: And it looks like it was speaking of offense. A

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Speaker 1: positive story as well for investors in Palenteer.

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Speaker 3: Yeah, Plenteer signed another contract with the US Navy and

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Speaker 3: the shares are up one point three percent. Partnering with

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Speaker 3: the US Navy to speed up submarine production. The US

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Speaker 3: Navy wants to use Palenteers analytics to expose supply chain problems.

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Speaker 3: Navy hopes that these services from Pollenteeri help speed up

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Speaker 3: production of some of its submarine classes, which have been

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Speaker 3: beset by cost over runs in years of delay. So

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Speaker 3: another government contract win for Pallenteer and the shares are

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Speaker 3: in the green, up one point three percent, and.

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Speaker 1: You're wrapping us up here with a big downside mover.

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Speaker 1: Valerie Cracker Barrel just can't seem to catch a break

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Speaker 1: lately exactly.

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Speaker 3: Cracker Barrel shares are down nearly ten percent in pre

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Speaker 3: market trade. They announced yesterday that they are expecting sales

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Speaker 3: to fall faster than previously had forecasts. Now, the restaurant

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Speaker 3: chain Cracker Barrel is still hurting from the back lash

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Speaker 3: around its failed logo change that even brought the criticism

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Speaker 3: from the US President. Foot traffic fell eleven percent in

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Speaker 3: the previous quarter. The company is looking to offset this

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Speaker 3: kind of slow down by cutting costs and boosting marketing

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Speaker 3: campaigns tied to renew its ties to core customers. These

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Speaker 3: marketing campaigns we focused in NASCAR, college football, and country music.

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Speaker 2: This stock mover's report from Bloomberg Rade. Check back with

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Speaker 2: us throughout the day for the latest roundup of companies

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Speaker 2: making news on Wall Street and for the latest market

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Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube,

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Speaker 2: the Bloomberg Business app.