Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The Stock Movers Report,
Speaker 1: your roundup of companies making moves in the stock market,
Speaker 1: harnessing the power of Bloomberg Data, take.
Speaker 2: A look at some of the stocks on the move today.
Speaker 2: We can do that with Bloomberg's Carmen Ryan Key. Carmen,
Speaker 2: what do you got for U today?
Speaker 3: Yeah, So the first one that I'm looking at this
Speaker 3: morning is Core Weave. So this is ticker CRWV. It's
Speaker 3: back in the green. So it's been a little bit
Speaker 3: of a olidle. We see that a lot in shares of COREWEF,
Speaker 3: but the stock was up as much as four point
Speaker 3: two percent today. This is on track to close at
Speaker 3: the highest since February. After striking another larger twenty one
Speaker 3: billion dollar deal to supply computing powder to Meta through
Speaker 3: twenty thirty two. So this is important because Meta is
Speaker 3: one of their biggest customers, and I think the total
Speaker 3: contracts that they now have with the company is about
Speaker 3: thirty five billion dollars, So really significant there for Core,
Speaker 3: which is sort of like a cloud provider. Yeah, Paul
Speaker 3: and I were just talking earlier today how these deals
Speaker 3: just keep on getting bigger and bigger.
Speaker 2: And is there.
Speaker 3: Honestly, the numbers are quite unimaginable. What about send Disc. Yeah,
Speaker 3: So we're also looking at shares of sand Disk. This
Speaker 3: is ticker SNDK. This is up about five and a
Speaker 3: half percent today and on track for yet another record high.
Speaker 3: We've seen these memory stock names just totally take off
Speaker 3: this year, and sand Disc is up today after analysts
Speaker 3: at Bernstein boost to their price target to a street
Speaker 3: high of twelve hundred and fifty dollars from one thousand,
Speaker 3: and they're citing strength and prices for memory trips, which
Speaker 3: is the thing we've really seen lift the entire industry
Speaker 3: that they've been able to boost these prices. So the
Speaker 3: analyst at Bernstein's saying the market is significantly undervaluing Earning's
Speaker 3: power and stainability of this cycle, and in a blue
Speaker 3: sky scenario said that sand Disk shares could hit three
Speaker 3: thousand dollars. They're currently trading at about eight hundred and
Speaker 3: twenty five.
Speaker 2: Stock of five percent today, two hundred and forty five
Speaker 2: percent year to date, all time high trailing twelve months
Speaker 2: two thousand, one hundred and fifty percent. I came and
Speaker 2: I've never seen that before. Yeah, particularly for a company
Speaker 2: with you know, one hundred and twenty six billion dollars
Speaker 2: in market cap. This isn't like a penny stock. I mean,
Speaker 2: real equity value is being created. It's extraordinary.
Speaker 3: It's had an absolutely incredible run.
Speaker 2: Good at them all, right, one.
Speaker 3: More, Yeah, let's look at Constellation Brand. So this is
Speaker 3: take your STD shares are up about six six point
Speaker 3: four for six point four percent right now. This is
Speaker 3: the most interurt day since January eighth, So this actually
Speaker 3: reversed from last night the company had earnings. Investors initially
Speaker 3: I think found their guidance kind of disappointing, but now
Speaker 3: analysts are saying that they think that this is going
Speaker 3: to be a conservative guidance. It's going to prove to
Speaker 3: be conservative, and that ultimately fiscal twenty twenty six ended
Speaker 3: on a positive note and there should be momentum continuing
Speaker 3: into March. I know you were mentioning Modello earlier pre
Speaker 3: you see it all over the all over the place.
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