WEBVTT - Coreweave Gains, Sandisk Surges, Constellation Brands Falls as Outlook Disappoints

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<v Speaker 1>Bloomberg Audio Studios, podcasts, radio news, The Stock Movers Report,

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<v Speaker 1>your roundup of companies making moves in the stock market,

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<v Speaker 1>harnessing the power of Bloomberg Data, take.

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<v Speaker 2>A look at some of the stocks on the move today.

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<v Speaker 2>We can do that with Bloomberg's Carmen Ryan Key. Carmen,

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<v Speaker 2>what do you got for U today?

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<v Speaker 3>Yeah, So the first one that I'm looking at this

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<v Speaker 3>morning is Core Weave. So this is ticker CRWV. It's

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<v Speaker 3>back in the green. So it's been a little bit

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<v Speaker 3>of a olidle. We see that a lot in shares of COREWEF,

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<v Speaker 3>but the stock was up as much as four point

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<v Speaker 3>two percent today. This is on track to close at

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<v Speaker 3>the highest since February. After striking another larger twenty one

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<v Speaker 3>billion dollar deal to supply computing powder to Meta through

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<v Speaker 3>twenty thirty two. So this is important because Meta is

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<v Speaker 3>one of their biggest customers, and I think the total

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<v Speaker 3>contracts that they now have with the company is about

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<v Speaker 3>thirty five billion dollars, So really significant there for Core,

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<v Speaker 3>which is sort of like a cloud provider. Yeah, Paul

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<v Speaker 3>and I were just talking earlier today how these deals

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<v Speaker 3>just keep on getting bigger and bigger.

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<v Speaker 2>And is there.

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<v Speaker 3>Honestly, the numbers are quite unimaginable. What about send Disc. Yeah,

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<v Speaker 3>So we're also looking at shares of sand Disk. This

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<v Speaker 3>is ticker SNDK. This is up about five and a

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<v Speaker 3>half percent today and on track for yet another record high.

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<v Speaker 3>We've seen these memory stock names just totally take off

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<v Speaker 3>this year, and sand Disc is up today after analysts

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<v Speaker 3>at Bernstein boost to their price target to a street

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<v Speaker 3>high of twelve hundred and fifty dollars from one thousand,

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<v Speaker 3>and they're citing strength and prices for memory trips, which

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<v Speaker 3>is the thing we've really seen lift the entire industry

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<v Speaker 3>that they've been able to boost these prices. So the

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<v Speaker 3>analyst at Bernstein's saying the market is significantly undervaluing Earning's

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<v Speaker 3>power and stainability of this cycle, and in a blue

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<v Speaker 3>sky scenario said that sand Disk shares could hit three

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<v Speaker 3>thousand dollars. They're currently trading at about eight hundred and

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<v Speaker 3>twenty five.

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<v Speaker 2>Stock of five percent today, two hundred and forty five

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<v Speaker 2>percent year to date, all time high trailing twelve months

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<v Speaker 2>two thousand, one hundred and fifty percent. I came and

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<v Speaker 2>I've never seen that before. Yeah, particularly for a company

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<v Speaker 2>with you know, one hundred and twenty six billion dollars

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<v Speaker 2>in market cap. This isn't like a penny stock. I mean,

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<v Speaker 2>real equity value is being created. It's extraordinary.

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<v Speaker 3>It's had an absolutely incredible run.

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<v Speaker 2>Good at them all, right, one.

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<v Speaker 3>More, Yeah, let's look at Constellation Brand. So this is

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<v Speaker 3>take your STD shares are up about six six point

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<v Speaker 3>four for six point four percent right now. This is

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<v Speaker 3>the most interurt day since January eighth, So this actually

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<v Speaker 3>reversed from last night the company had earnings. Investors initially

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<v Speaker 3>I think found their guidance kind of disappointing, but now

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<v Speaker 3>analysts are saying that they think that this is going

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<v Speaker 3>to be a conservative guidance. It's going to prove to

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<v Speaker 3>be conservative, and that ultimately fiscal twenty twenty six ended

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<v Speaker 3>on a positive note and there should be momentum continuing

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<v Speaker 3>into March. I know you were mentioning Modello earlier pre

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<v Speaker 3>you see it all over the all over the place.

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