WEBVTT - RocketLab Climbs; Moderna Flu Shot; Intel Stock Offering

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

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<v Speaker 2>The Stock Movers Report, your roundup of companies making moves

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

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<v Speaker 3>Let's take a look at some stocks on the move today.

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<v Speaker 3>Matt Piper, what do you got in stock movers today?

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<v Speaker 2>Thank you?

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<v Speaker 1>That sounds a good time. I like Taylor And let's

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<v Speaker 1>talk about rocket Lab. We're talking about space SpaceX has

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<v Speaker 1>been in the news all summer. Rocket Lab now, it

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<v Speaker 1>plunged thirty six percent last month, but this month it's

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<v Speaker 1>a different story. It's up about one percent in the

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<v Speaker 1>pre market. The company is set to report its second

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<v Speaker 1>quarter twenty twenty six financial results today. Now, it just

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<v Speaker 1>won a three hundred and ninety seven million dollar contract

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<v Speaker 1>to build and launch a spacecraft for the US Space

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<v Speaker 1>Force using its upcoming Neutron rocket. These are called flatellites. Oh,

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<v Speaker 1>the place of satellites. Okay, So there are satellites that

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<v Speaker 1>are flatter and more stackable, they say, than a conventional counterparts. Now,

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<v Speaker 1>more and more private space companies and national space agencies

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<v Speaker 1>are expected to launch these satellites to upgrade their communication

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<v Speaker 1>and their surveillance capabilities. So certainly you will probably be

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<v Speaker 1>hearing more about flatllites in the future.

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<v Speaker 2>All Right, what's next Maderna.

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<v Speaker 1>So Maderna is moving today, It's up about two and

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<v Speaker 1>a half percent in the pre We haven't heard about

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<v Speaker 1>them in a little bit, right, So the most likely

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<v Speaker 1>catalyst is just the other day, the FDA approved its

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<v Speaker 1>seasonal influenza vaccine covid I. Guess is in a rearview.

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<v Speaker 1>Now we're talking more about flu with flu season coming

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<v Speaker 1>up here. This is a big regulatory win that gives

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<v Speaker 1>the company its first approved flu shot. They've obviously had

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<v Speaker 1>other approvals in the past, this is its first flu shot.

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<v Speaker 1>The move may also be getting support from the company's

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<v Speaker 1>recent second quarter update, which showed a narrower quarterly loss.

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<v Speaker 2>Guys, all right, last one. Intel.

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<v Speaker 1>Intel's been in the news, and it's in the news today.

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<v Speaker 1>It's taking advantage of the AI boom and the data

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<v Speaker 1>center boom. Lots and lots of people are saying, I

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<v Speaker 1>don't want that data center backyard. Well, it's saying this

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<v Speaker 1>morning that it will be offering fifteen billion dollars in

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<v Speaker 1>common stock made a renewed interest in its business prospects.

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<v Speaker 1>Now Intel says that money, Yeah.

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<v Speaker 3>No, I'm just I'm just curious, like you were talking about,

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<v Speaker 3>they're setting up data centers, when are they going to

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<v Speaker 3>start helping all the people around the data center. I'm

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<v Speaker 3>just waiting for the first press release, like they could

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<v Speaker 3>even offer stock, Matt, don't you think? Yeah, I mean

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<v Speaker 3>people around the data center.

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<v Speaker 1>People are complaining already about the water and different things

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<v Speaker 1>around these centers that are popping on electricity.

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<v Speaker 3>You need electricity to run these things, and who's paying

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<v Speaker 3>for the electricity? I mean it's like all of a sudden,

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<v Speaker 3>you know, it's like a Henrietta trace issue. It's like

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<v Speaker 3>a huge deal to get political. Yeah, yeah, so what

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<v Speaker 3>else do you have? An Intel?

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<v Speaker 1>So Intel shares have nearly tripled in value so far

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<v Speaker 1>this year to about one hundred and one dollars as

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<v Speaker 1>it works on a turnaround of its business. Now it

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<v Speaker 1>does not actually make those AI specific chips, but data

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<v Speaker 1>center demand has increased sales, so it's central processing units sales,

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<v Speaker 1>and Intel's data center segment sored fifty nine percent last quarter,

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<v Speaker 1>more than double the pace of Intel's overall revenue in

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<v Speaker 1>the pre market. Intel is down right now, so we'll

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<v Speaker 1>see what happens. But yeah, I mean on social media,

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<v Speaker 1>you just see people saying about these community board hearings

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<v Speaker 1>and different city council hearings. Data center, data center. Not

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<v Speaker 1>in my backyard. They're popping up a lot of places.

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<v Speaker 2>The Stock Movers report from Bloomberg Radio. Check back with

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