1 00:00:02,520 --> 00:00:09,960 Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The Stock Movers Report, 2 00:00:10,240 --> 00:00:13,520 Speaker 1: your roundup of companies making moves in the stock market, 3 00:00:13,680 --> 00:00:16,600 Speaker 1: harnessing the power of Bloomberg Data, take. 4 00:00:16,440 --> 00:00:18,040 Speaker 2: A look at some of the stocks on the move today. 5 00:00:18,079 --> 00:00:20,760 Speaker 2: We can do that with Bloomberg's Carmen Ryan Key. Carmen, 6 00:00:20,760 --> 00:00:21,560 Speaker 2: what do you got for U today? 7 00:00:21,720 --> 00:00:23,400 Speaker 3: Yeah, So the first one that I'm looking at this 8 00:00:23,440 --> 00:00:27,720 Speaker 3: morning is Core Weave. So this is ticker CRWV. It's 9 00:00:27,840 --> 00:00:30,440 Speaker 3: back in the green. So it's been a little bit 10 00:00:30,480 --> 00:00:32,839 Speaker 3: of a olidle. We see that a lot in shares of COREWEF, 11 00:00:32,880 --> 00:00:35,120 Speaker 3: but the stock was up as much as four point 12 00:00:35,159 --> 00:00:37,680 Speaker 3: two percent today. This is on track to close at 13 00:00:37,720 --> 00:00:42,960 Speaker 3: the highest since February. After striking another larger twenty one 14 00:00:43,200 --> 00:00:46,840 Speaker 3: billion dollar deal to supply computing powder to Meta through 15 00:00:46,880 --> 00:00:50,000 Speaker 3: twenty thirty two. So this is important because Meta is 16 00:00:50,000 --> 00:00:53,000 Speaker 3: one of their biggest customers, and I think the total 17 00:00:53,360 --> 00:00:55,800 Speaker 3: contracts that they now have with the company is about 18 00:00:55,800 --> 00:00:59,920 Speaker 3: thirty five billion dollars, So really significant there for Core, 19 00:01:00,040 --> 00:01:02,520 Speaker 3: which is sort of like a cloud provider. Yeah, Paul 20 00:01:02,560 --> 00:01:04,800 Speaker 3: and I were just talking earlier today how these deals 21 00:01:04,840 --> 00:01:06,480 Speaker 3: just keep on getting bigger and bigger. 22 00:01:06,520 --> 00:01:07,160 Speaker 2: And is there. 23 00:01:07,319 --> 00:01:11,479 Speaker 3: Honestly, the numbers are quite unimaginable. What about send Disc. Yeah, 24 00:01:11,520 --> 00:01:13,840 Speaker 3: So we're also looking at shares of sand Disk. This 25 00:01:13,959 --> 00:01:16,800 Speaker 3: is ticker SNDK. This is up about five and a 26 00:01:16,840 --> 00:01:20,200 Speaker 3: half percent today and on track for yet another record high. 27 00:01:20,240 --> 00:01:22,960 Speaker 3: We've seen these memory stock names just totally take off 28 00:01:22,959 --> 00:01:25,880 Speaker 3: this year, and sand Disc is up today after analysts 29 00:01:25,959 --> 00:01:29,040 Speaker 3: at Bernstein boost to their price target to a street 30 00:01:29,160 --> 00:01:33,160 Speaker 3: high of twelve hundred and fifty dollars from one thousand, 31 00:01:33,560 --> 00:01:36,200 Speaker 3: and they're citing strength and prices for memory trips, which 32 00:01:36,240 --> 00:01:38,960 Speaker 3: is the thing we've really seen lift the entire industry 33 00:01:39,920 --> 00:01:43,160 Speaker 3: that they've been able to boost these prices. So the 34 00:01:43,200 --> 00:01:47,560 Speaker 3: analyst at Bernstein's saying the market is significantly undervaluing Earning's 35 00:01:47,600 --> 00:01:50,560 Speaker 3: power and stainability of this cycle, and in a blue 36 00:01:50,600 --> 00:01:53,600 Speaker 3: sky scenario said that sand Disk shares could hit three 37 00:01:53,600 --> 00:01:56,640 Speaker 3: thousand dollars. They're currently trading at about eight hundred and 38 00:01:57,000 --> 00:01:57,960 Speaker 3: twenty five. 39 00:01:58,240 --> 00:02:01,200 Speaker 2: Stock of five percent today, two hundred and forty five 40 00:02:01,200 --> 00:02:06,440 Speaker 2: percent year to date, all time high trailing twelve months 41 00:02:06,480 --> 00:02:10,360 Speaker 2: two thousand, one hundred and fifty percent. I came and 42 00:02:10,560 --> 00:02:13,160 Speaker 2: I've never seen that before. Yeah, particularly for a company 43 00:02:13,160 --> 00:02:15,840 Speaker 2: with you know, one hundred and twenty six billion dollars 44 00:02:15,840 --> 00:02:18,399 Speaker 2: in market cap. This isn't like a penny stock. I mean, 45 00:02:18,840 --> 00:02:22,239 Speaker 2: real equity value is being created. It's extraordinary. 46 00:02:22,280 --> 00:02:23,839 Speaker 3: It's had an absolutely incredible run. 47 00:02:24,000 --> 00:02:25,760 Speaker 2: Good at them all, right, one. 48 00:02:25,560 --> 00:02:28,560 Speaker 3: More, Yeah, let's look at Constellation Brand. So this is 49 00:02:28,600 --> 00:02:32,160 Speaker 3: take your STD shares are up about six six point 50 00:02:32,200 --> 00:02:34,800 Speaker 3: four for six point four percent right now. This is 51 00:02:34,840 --> 00:02:37,919 Speaker 3: the most interurt day since January eighth, So this actually 52 00:02:37,960 --> 00:02:42,280 Speaker 3: reversed from last night the company had earnings. Investors initially 53 00:02:42,280 --> 00:02:46,520 Speaker 3: I think found their guidance kind of disappointing, but now 54 00:02:46,880 --> 00:02:49,320 Speaker 3: analysts are saying that they think that this is going 55 00:02:49,360 --> 00:02:51,680 Speaker 3: to be a conservative guidance. It's going to prove to 56 00:02:51,680 --> 00:02:56,400 Speaker 3: be conservative, and that ultimately fiscal twenty twenty six ended 57 00:02:56,440 --> 00:02:59,200 Speaker 3: on a positive note and there should be momentum continuing 58 00:02:59,240 --> 00:03:02,480 Speaker 3: into March. I know you were mentioning Modello earlier pre 59 00:03:02,520 --> 00:03:04,240 Speaker 3: you see it all over the all over the place. 60 00:03:04,320 --> 00:03:09,519 Speaker 1: I know the Stockmovers report from Bloomberg Radio. 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