WEBVTT - Intel Falls, Dynavax Climbs, Snowflake Slides 

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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. Let's take a look at.

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<v Speaker 2>Some of the stocks on the move today. We can

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<v Speaker 2>do that with bloom Work Equities reported Natalia Canandiavi Natali.

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<v Speaker 2>What are you looking at? Let's start with Intel. The

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<v Speaker 2>ticker is i NTC. The shares are down by almost

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<v Speaker 2>two percent. So it came after Reuters reported that n

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<v Speaker 2>Video holded test that uses Intel's eighteen eight technology to

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<v Speaker 2>produce its chips. We know that recently, and Video reported

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<v Speaker 2>that it tested actually if it could manufacture its own

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<v Speaker 2>chips using this eighteen A production technology. Reuters cited people

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<v Speaker 2>familiar with the matter. As of now, both companies did

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<v Speaker 2>not comment on that. And it's been really critical for

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<v Speaker 2>Intel's turnaround stories. Investors really want to see if this

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<v Speaker 2>story can play out and then we know. In September,

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<v Speaker 2>Nvidia agreed to invest about five billion dollars in Intel

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<v Speaker 2>and said that it will code develop chips for PCs

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<v Speaker 2>and data centers using its technology.

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<v Speaker 1>All right, well, it's really all about the versification of

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<v Speaker 1>chip supply now, right, and Nvidia definitely be challenged in

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<v Speaker 1>that space.

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<v Speaker 2>Right, Let's take a look at another stock. You're looking at.

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<v Speaker 2>Dinavacs tells about that exactly. So the ticker's dvax shares

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<v Speaker 2>are up by thirty eight percent. It came after Sanofi,

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<v Speaker 2>which is a French pharmaceutical company, said that it will

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<v Speaker 2>start a cash tender to offer to acquire all outstanding

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<v Speaker 2>shares a vaccine maker for fifteen point fifty dollars per share.

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<v Speaker 2>Sanofie agreed to buy Dynavags for about two point two

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<v Speaker 2>billion dollars. This deal gives Sanofi access to some vaccines,

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<v Speaker 2>including hepatitis B vaccines. And we know that this is

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<v Speaker 2>also quite a crucial deal for Sanofi because it's struggling

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<v Speaker 2>also to increase performance and to boost its revenue as

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<v Speaker 2>we see lots of challenges in global vaccine market. All right,

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<v Speaker 2>one more, what do you have for us here? It

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<v Speaker 2>is Snowflake. The tickery snow shares are down by two

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<v Speaker 2>point three percent today. It came after the Information reported

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<v Speaker 2>that the software company is in conversations to buy a

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<v Speaker 2>startup called Observe for about one billion dollars. So Observe,

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<v Speaker 2>this is a startup based in California, and it develops

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<v Speaker 2>the so called observatory tools that help developers to track

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<v Speaker 2>how the apps perform or if there are any challenges

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<v Speaker 2>on the software side. And analysts are really excited actually

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<v Speaker 2>about this potential deal because they say it will allow

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<v Speaker 2>the company to compete more closely with companies like Data Bricks,

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<v Speaker 2>So for now it is a pretty solid move. However,

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<v Speaker 2>of course, shares are down fade.

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<v Speaker 1>The stockmover's report from Bloomberg Radio. Check back with us

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