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The Stock Movers Report, your roundup of companies making moves in the stock market harnessing the power of Bloomberg Data. Let's take a look at some of the stocks on the move today. We can do that, what.
With Bloombergs Christine Christian what are you looking at all? Right, Paul, We're going to take a look at Video today. Of course, the ticker NVDA. Those shares are two percent. And we did hear from CEO Jensen Wang at the cs trade show yesterday. He's saying that the company's highly anticipated Reuben data center processors there in production thereon trout for deployment. They're looking at sending them to customers in the second half of this year. So digging more into this Rubenship
right again. It's named after astronomer VERA. Rubin. It is Nvidia's latest accelerator. Apparently it's three and a half times better at training and five times better at running AI software than its predecessor, the game as Blackwell chips of course, and in Nvidia Well. Jensen Wang also saying that the company has seen strong demand from customers in China for
the H two hundred chip. Remember that chip is currently under consideration by Trump administration whether they're going to be able to sell it to China, so that's still pending. But Jensen Wang saying that there's already demand lineup for that chip. So sounds like all positive from Nvidia yesterday.
All right, good stuff.
Let's talk about the utility sector absolutely, Scarlett. Let's take a look at Vista so VST and those shares are up nearly four percent today. So they're making a play. It's m and A Tuesday, I guess for this company. H They're going to be paying four billion dollars for ten natural gas fire power plants in the US Northeast
and Texas, which were previously owned by Cogentrics Energy. So this move essentially seen as a play by Vistra to accumulate power assets because they're going to try and meet the demand for power from data under buildouts and so the acquisition, of course gives them access to three major US grids in New England, Texas, and the system that spans from New Jersey to Chicago. So this move is actually the latest of a series of acquisitions they've made
over the past year. They paid six point eight billion dollars for a nuclear fleet in twenty twenty four and one point nine billion dollars for seven gas plants in May. So this is the latest m and a move for them to meet that AI data center demand.
What I say it one more.
Taking a look at micro trips today as well, so ticker MCCHP those they are soaring up more than eight percent now, so extending opening gains, and that is because we did get a net sales forecast for them for the third quarter that beat the average analyst estimate. The company is looking at one point nineteen billion dollars for the period versus the average estimate of one point fourteen
billion dollars. They also said that Booking's activity was very strong in December, and Morgan Stanley analysts expecting the company estimates to rise again in twenty twenty six, but probably less lightly for twenty twenty seven. Mewhile Canter upgrading the stock to overweight from neutrals. A lot of good news.
To be had from extra the Stock Movers 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.