AI热潮推动CoreWeave、超微电脑等科技股盘前大涨

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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 stocks on the move today. I'm Nathan [music] Hager, joined by Bloomberg's Dan Curtis on a morning where tech stocks are in the front seat, led by earnings from uh two of the biggest names in tech. Starting off with Core Weave just because that stock is soaring this morning, [music] Dan.

Good morning.

Good morning. Absolutely taking off. The shares are up 18% in the pre-market under ticker CRWV. And that's as the NeoCloud company is projecting about $3.5 billion in sales this quarter. That was stronger than estimates. It also said it had a backlog of $104 billion at the end of the fiscal second quarter and it added over $25 billion in new commitments since then. So strong demand uh for the compute there. This is the first set to be the first quarter that core is actually set to rise off of its earnings.

So this kind of shows you how strong these are. It went public last year. It's got it's had five quarterly reports since then. Each time it's fallen typically by double digits. This time a complete reversal that kind of shows the enthusiasm that we're seeing in the pre-market. And this company provides compute for large labs like Microsoft, Mistl, OpenAI. It's so it's seen as a bellweather for the data center demand.

Nibbius NBIS that's another name in the space up 9% we will also be watching this as earnings are expected expected shortly

and the positive earnings continue for super micro computer the chip stocks have just been on fire of course Dan

that's right so 9% it's an AI server company it's projecting revenue of about $15 billion for the current quarter the highest estimate from analysts was $13.3 billion so that's a billion dollars well over a billion dollars more than what the most optimistic projection was it is benefiting from surging demand for AI hardware as it sells servers fitted with NVIDIA chips. The company was an early beneficiary of the AI craze.

It surged 250% in the first quarter of 2024. It's been a bit more volatile. It's been on the back foot since then, but it's seeing a turnaround in the pre-market today.

And we're also keeping an eye on uh Lmentum after earnings. The uh the positivity continues, Dan.

Yeah, this is more picks and shovels. So, Lumenum, ticker LIT, is up nearly 8% in the pre-market. It's an optical equipment maker. It beat fourth quarter estimates and it gave a stronger than expected forecast. It's benefiting from the AI boom's need to move data. So, these companies, they use optics to help move data around quickly around data centers, etc. And the company is seeing, you know, a boom from that. It also saw its non-GAAP gross margin top 50% and that's a milestone that the company hit sooner than expected in this quarter.

And Bloomberg Intelligence notes that supply constraints likely prevented a bigger beat. So there's lots of demand there. The ability for Lum to get its hands on what it needs to build out to that demand seems to be the major limiting factor, but that is not stopping the stock from rising.

Oh, let's talk about another chip stock here. Um, Cava, because uh well, it's it's pita chips.

That is pita chips, but pita chips are a hit, too, along with pomegranate glazed uh salmon apparently as well. That those were both big hits. I'm I'm trying to segue somehow. Uh not as well as you. Uh the company, the restaurant saw a 9% jump in same store sales that beat estimates that has those shares up 11% in the pre-market. The CEO noted that sales slowed around the end of the second quarter when there was Salmonella scare that that put customers off going despite Cava supply chain not being affected.

But according to the CEO, lower income guests splurged on add-ons at a higher rate. So they are just getting a little bit more on the side with their mains and that is helping the company today.

So no worries about lettuce or anything like that from those cover results. Um just time to talk about another stock in the green. H&R Block and it's not even tax season.

It's not even tax season but the company is still very optimistic. So H&R Block trades under ticker HRB up 13% in the pre-market. The tax company it gave a fullear forecast that was stronger than expected. Also reported uh fourth quarter results that beat expectations. I'm going to pull this back into AI because we can. It had tracked software lower in the fourth quarter of last year into the first quarter of this year on concerns about AI disruption, but it's been turning around off of that.

So, it's up, you know, a little. It's up 13% in the pre-market. That's after a 65% jump from the year's low into yesterday's close. So, big turn there.

The Stock Movers Report from [music] Bloomberg Radio. Check back with us throughout the day for the latest roundup of companies [music] making news on Wall Street. And for the latest market moving headlines, listen [music] to Bloomberg Radio Live. Catch us on YouTube, Bloomberg.com, and on Apple CarPlay and [music] Android Auto with the Bloomberg Business App.