WEBVTT - Intel Rises, Meta Gains, Staar Surgical Jumps as Prelim 1Q Net Sales Beats Estimates

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<v Speaker 1>Bloomberg Audio Studios, podcasts, radio news, the.

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<v Speaker 2>Stock Movers report, your roundup of companies making moves in

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<v Speaker 2>the stock market harnessing the power of Bloomberg Data.

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<v Speaker 3>Just take a look at some of the stocks on

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<v Speaker 3>the moves today. We can do that with Bloomberg's avalon

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<v Speaker 3>per Now, Adlon, what are you looking at today?

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<v Speaker 1>Well, we have a lot of tech deals to discuss,

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<v Speaker 1>so we can go to get started with Meta Platforms,

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<v Speaker 1>which that's ticker m ETA gaining about two percent nearly

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<v Speaker 1>that's after Core even Metas struck another twenty one billion

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<v Speaker 1>dollar deal for AI computing. Coreweve will provide a cloud

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<v Speaker 1>capacity to Meta for multiple data centers throughout the point

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<v Speaker 1>until twenty thirty two. Also important to note that yesterday

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<v Speaker 1>Meta introduced mews spark, its first large language model. Bank

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<v Speaker 1>of America out with a note saying that muse Spark

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<v Speaker 1>could strengthen products and ad performance at Meta as well.

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<v Speaker 1>Paul was just saying that those numbers are really ie popping. Yeah,

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<v Speaker 1>what else are you looking at? Also looking at Intel,

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<v Speaker 1>that's ticker ITC rising about two point three percent to

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<v Speaker 1>hit the highest inter day level since twenty twenty one.

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<v Speaker 1>That's after the semiconductor maker said Google agreed to use

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<v Speaker 1>future generations of its Xenon processors and other chips in

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<v Speaker 1>its data centers. While the financial details remain undisclosed, so

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<v Speaker 1>I can't say that it's another twenty one billion dollar deal,

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<v Speaker 1>but the deal is another big push for Intel to

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<v Speaker 1>better capitalize on the build out on AI infrastructure.

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<v Speaker 3>All Right, stocks up three percent today, It's up sixty

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<v Speaker 3>five percent year to date, hitting a fifty two week

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<v Speaker 3>high trailing twelve months of one hundred and eighty two percent.

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<v Speaker 3>So it's safe to say that after maybe a little

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<v Speaker 3>bit of a slow start, Intel has definitely got the

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<v Speaker 3>AI wind at its sales here, do you have one

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<v Speaker 3>non tech name?

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<v Speaker 1>Maybe? I sure do Star Surgical that's ticker STAA, jumping

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<v Speaker 1>about twenty one percent for its most interday since August.

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<v Speaker 1>That's after the healthcare supplies companies said it expects net

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<v Speaker 1>sales for the first quarter to exceed ninety million dollars.

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<v Speaker 1>Those preliminary results are pass wall streets expectations across the board,

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<v Speaker 1>and Jeffries is calling the results a positive step in

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<v Speaker 1>the right direction, especially after all the noise from its

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<v Speaker 1>failed deal to be acquired by alcond.

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<v Speaker 2>Earlier this year, the Stockmover's Report from Bloomberg Radio. Check

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<v Speaker 2>back with us throughout the day for the latest roundup

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<v Speaker 2>of companies making news on Wall Street and for the

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<v Speaker 2>latest market moving headlines. Listen to Bloomberg Radio Live, catch

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