Speaker 1: Bloomberg Audio Studios, podcasts, radio news, the.
Speaker 2: Stock Movers report, your roundup of companies making moves in
Speaker 2: the stock market harnessing the power of Bloomberg Data.
Speaker 3: Just take a look at some of the stocks on
Speaker 3: the moves today. We can do that with Bloomberg's avalon
Speaker 3: per Now, Adlon, what are you looking at today?
Speaker 1: Well, we have a lot of tech deals to discuss,
Speaker 1: so we can go to get started with Meta Platforms,
Speaker 1: which that's ticker m ETA gaining about two percent nearly
Speaker 1: that's after Core even Metas struck another twenty one billion
Speaker 1: dollar deal for AI computing. Coreweve will provide a cloud
Speaker 1: capacity to Meta for multiple data centers throughout the point
Speaker 1: until twenty thirty two. Also important to note that yesterday
Speaker 1: Meta introduced mews spark, its first large language model. Bank
Speaker 1: of America out with a note saying that muse Spark
Speaker 1: could strengthen products and ad performance at Meta as well.
Speaker 1: Paul was just saying that those numbers are really ie popping. Yeah,
Speaker 1: what else are you looking at? Also looking at Intel,
Speaker 1: that's ticker ITC rising about two point three percent to
Speaker 1: hit the highest inter day level since twenty twenty one.
Speaker 1: That's after the semiconductor maker said Google agreed to use
Speaker 1: future generations of its Xenon processors and other chips in
Speaker 1: its data centers. While the financial details remain undisclosed, so
Speaker 1: I can't say that it's another twenty one billion dollar deal,
Speaker 1: but the deal is another big push for Intel to
Speaker 1: better capitalize on the build out on AI infrastructure.
Speaker 3: All Right, stocks up three percent today, It's up sixty
Speaker 3: five percent year to date, hitting a fifty two week
Speaker 3: high trailing twelve months of one hundred and eighty two percent.
Speaker 3: So it's safe to say that after maybe a little
Speaker 3: bit of a slow start, Intel has definitely got the
Speaker 3: AI wind at its sales here, do you have one
Speaker 3: non tech name?
Speaker 1: Maybe? I sure do Star Surgical that's ticker STAA, jumping
Speaker 1: about twenty one percent for its most interday since August.
Speaker 1: That's after the healthcare supplies companies said it expects net
Speaker 1: sales for the first quarter to exceed ninety million dollars.
Speaker 1: Those preliminary results are pass wall streets expectations across the board,
Speaker 1: and Jeffries is calling the results a positive step in
Speaker 1: the right direction, especially after all the noise from its
Speaker 1: failed deal to be acquired by alcond.
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