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