1 00:00:02,520 --> 00:00:07,360 Speaker 1: Bloomberg Audio Studios, podcasts, radio news. 2 00:00:08,560 --> 00:00:12,440 Speaker 2: The Stock Movers Report, your roundup of companies making moves 3 00:00:12,480 --> 00:00:15,880 Speaker 2: in the stock market, harnessing the power of Bloomberg Data. 4 00:00:16,440 --> 00:00:18,319 Speaker 1: Let's take a look at some stocks on the move today. 5 00:00:18,320 --> 00:00:21,560 Speaker 1: I'm Nathan Hager, joined by Bloomberg's Valerie Titel. Starting off 6 00:00:21,560 --> 00:00:24,480 Speaker 1: with a stock that's moving on a pretty interesting bet 7 00:00:24,600 --> 00:00:29,600 Speaker 1: around AI. What's happening with Vistra. Good morning, Valerie. 8 00:00:29,120 --> 00:00:32,520 Speaker 3: Hey, good morning Nathan. You. Vistra is hired by nearly 9 00:00:32,600 --> 00:00:36,120 Speaker 3: five percent in pre market trade. It's the largest competitive 10 00:00:36,159 --> 00:00:39,320 Speaker 3: power generator in the US, and they have agreed to 11 00:00:39,520 --> 00:00:44,080 Speaker 3: buy a gas power fleet for four billion dollars as 12 00:00:44,120 --> 00:00:48,000 Speaker 3: it deepens its bet on this energy race around AI. 13 00:00:48,240 --> 00:00:52,120 Speaker 3: The deal includes ten power plants, and these gas powered 14 00:00:52,800 --> 00:00:55,840 Speaker 3: power plants are seen as ideal sources for that around 15 00:00:55,840 --> 00:00:59,360 Speaker 3: the clock data center demand that this AI race will 16 00:00:59,400 --> 00:01:02,480 Speaker 3: need SOTRU jumping off of this news hire by four 17 00:01:02,520 --> 00:01:04,240 Speaker 3: point seven percent, Okay, and. 18 00:01:04,280 --> 00:01:06,120 Speaker 1: You're gonna have to help me out with the name 19 00:01:06,160 --> 00:01:08,759 Speaker 1: of this next stock on your list? Is it Ava 20 00:01:08,880 --> 00:01:10,959 Speaker 1: Ava Ava Ava? 21 00:01:11,040 --> 00:01:16,119 Speaker 3: Now, this is a lie Dar company, a sensor technology essentially, 22 00:01:16,560 --> 00:01:18,800 Speaker 3: it is surging in pre market that's what you need 23 00:01:18,840 --> 00:01:22,280 Speaker 3: to know, up over thirty percent, Nathan. After Nvidia chose 24 00:01:22,360 --> 00:01:27,320 Speaker 3: its laser based technology to power its autonomous driving platform. 25 00:01:27,680 --> 00:01:32,280 Speaker 3: It comes alongside a string of new launches from Nvidia 26 00:01:32,319 --> 00:01:34,840 Speaker 3: at the CEES trade show in Las Vegas. One of 27 00:01:34,880 --> 00:01:38,560 Speaker 3: those was a new vehicle platform called Alpa MAO, which 28 00:01:38,600 --> 00:01:42,480 Speaker 3: allows autonomous cars to reason in the real world, essentially 29 00:01:42,520 --> 00:01:45,720 Speaker 3: think their way out of unexpected situations. So Nvidia is 30 00:01:45,760 --> 00:01:48,680 Speaker 3: aiming to extend their reach of its technology, and it's 31 00:01:48,720 --> 00:01:53,960 Speaker 3: including reaching out into autonomous driving platforms with this new 32 00:01:54,000 --> 00:01:56,240 Speaker 3: agreement with the Ava Lightar company. 33 00:01:56,840 --> 00:02:00,200 Speaker 1: Okay, so we'll keep in mind and Ava from here 34 00:02:00,240 --> 00:02:04,520 Speaker 1: on out. I would imagine there's a stock called microchip. 35 00:02:04,600 --> 00:02:08,359 Speaker 1: This isn't just the microchip sector in particular that you're 36 00:02:08,360 --> 00:02:08,799 Speaker 1: looking at. 37 00:02:08,880 --> 00:02:11,520 Speaker 3: You know, I had a double second guest set myself. 38 00:02:11,720 --> 00:02:12,520 Speaker 2: Yeah, record Chip. 39 00:02:13,200 --> 00:02:16,800 Speaker 3: It's in the news because the analog chip maker had 40 00:02:16,960 --> 00:02:21,040 Speaker 3: lifted its sales forecast and essentially points to an early 41 00:02:21,120 --> 00:02:26,200 Speaker 3: recovery in the analog A chip sector counts Texas Instruments 42 00:02:26,480 --> 00:02:28,640 Speaker 3: as one of its main competitors. We're actually seeing the 43 00:02:28,720 --> 00:02:31,600 Speaker 3: likes of many of these analog chip makers rally off 44 00:02:31,639 --> 00:02:35,040 Speaker 3: the back of this positive forecast from Microchip. Now, the 45 00:02:35,080 --> 00:02:38,880 Speaker 3: analog chip sector has been experiencing a cyclical slump due 46 00:02:38,880 --> 00:02:42,040 Speaker 3: to an inventory glut and weakening demand, especially from the 47 00:02:42,040 --> 00:02:45,680 Speaker 3: auto space. But the CEO said that activity booking was 48 00:02:45,919 --> 00:02:48,520 Speaker 3: very strong in the December quarter and they raised their 49 00:02:48,520 --> 00:02:49,520 Speaker 3: guidance off the back of that. 50 00:02:49,840 --> 00:02:51,880 Speaker 1: Okay, let's get to some of the names we've heard before. 51 00:02:52,200 --> 00:02:54,760 Speaker 1: Nova Nordisk is in the news as well, of course, 52 00:02:54,840 --> 00:02:59,040 Speaker 1: because the Wogovi pill is in the US market. 53 00:02:59,120 --> 00:02:59,320 Speaker 2: Now. 54 00:02:59,560 --> 00:03:02,680 Speaker 3: Yeah, noortis really making some headlines in the European session. 55 00:03:02,919 --> 00:03:05,359 Speaker 3: The best performing stock in the eurostock six underd Their 56 00:03:05,360 --> 00:03:08,680 Speaker 3: eight rs are higher by just shy of four percent. 57 00:03:08,840 --> 00:03:12,079 Speaker 3: The weight loss pill launches in the US just two 58 00:03:12,080 --> 00:03:16,120 Speaker 3: weeks after it received US regulatory approval for the drug. 59 00:03:16,160 --> 00:03:20,960 Speaker 3: It will be broadly available through seventy thousand pharmacies across the US. 60 00:03:21,240 --> 00:03:24,240 Speaker 3: The investor focus will be on the volume benefit as 61 00:03:24,240 --> 00:03:26,480 Speaker 3: it tries to compete with Eli Lilly for market share 62 00:03:26,480 --> 00:03:29,480 Speaker 3: in this space, and most importantly, on the margins. 63 00:03:29,760 --> 00:03:32,240 Speaker 1: All right, and finally, in our last thirty seconds, don't 64 00:03:32,280 --> 00:03:36,040 Speaker 1: correct me on the pronunciation, but Adidas is Adidas as well. 65 00:03:36,200 --> 00:03:40,400 Speaker 3: Yes, Sinking six percent in Germany, a double downgrade from 66 00:03:40,480 --> 00:03:43,240 Speaker 3: Bank of America. They are now calling the twenty year 67 00:03:43,440 --> 00:03:46,200 Speaker 3: casualization trend largely complete. 68 00:03:47,520 --> 00:03:51,520 Speaker 2: This stock mover's report from Bloomberg Radio. Check back with 69 00:03:51,600 --> 00:03:54,200 Speaker 2: us throughout the day for the latest roundup of companies 70 00:03:54,240 --> 00:03:57,360 Speaker 2: making news on Wall Street and for the latest market 71 00:03:57,400 --> 00:04:01,840 Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 72 00:04:01,960 --> 00:04:05,440 Speaker 2: Bloomberg dot com, and on Applecarplay and Android Auto with 73 00:04:05,520 --> 00:04:07,000 Speaker 2: the Bloomberg Business App.