GFL Gains; Generac Shares Jump; CoreWeave Seeks to Raise $3 Billion

0:00In business, there's the easy way with staples or the hard way. At Staples, easy means workplace solutions trusted by 75% of the Fortune 500 from facilities and break room to print, furniture, and more. Easy also means expert guidance and world-class reliability, like next-day delivery to over 98% of the US. Don't choose hard. Choose Staples. Learn more at staples.com. Bloomberg Audio Studios. Podcasts, radio, news. The Stock Movers Report. Your roundup of companies making moves in the stock market, harnessing the power of Bloomberg data. Take a look at some of the stocks that are on the move. But we can do that with Bloomberg's belly, lip-souls belly. What are you looking at? I want to start with GFL environment ticker GFL right now, up about 5.5% a base gain on an intraday basis since late July. This comes after Bloomberg reporting that Blackstone and Brookfield are leading a sort of bidding to take the company

1:01private. I love talking about GFL primarily because they're in the waste management, get to make a little bit of a Tony soprano reference here there. But the big takeaway is this has been a company that has been kind of a focus from private equity and potentially being taken private for quite some time. I just want to call out the Barclays put out of no basically saying the report kind of calls out that there are more competing groups that may want to pursue the company, which could add to momentum. So certainly keeping an eye on where the stock will be trading again right now around 43 bucks up 5.5% on the day, but still down from where it was this time last year, which was closer to 46. So Patrick Dovigi, who's the CEO of GFL was on Bloomberg deals yesterday. And I spoke with him and separate from what you just reported, he's a former professional hockey player. He was a gold tender who was drafted by the Edmonton Oilers in 1997. Didn't actually play in the pros and in the national hockey league, but ended up starting his own business and doing much better at school. Yeah, other alternatives than playing in like the ECHL and

2:03living in Scranton. Right. There's anything wrong with Scranton. That's a thing. Correct. All right. GNRC. Generac right now up 20% this is a company. I believe John is probably familiar with power generation companies. I got to do this. I mean, I do have a generator, but you got to pull it out of the shed. Put on. And my power went out overnight. So I'm like, I'm not doing that. The generator, you know, you hook it up and you could, it's automatic. It does it for you. Yeah. That's what I got. That's what you've got. Yeah. I look at the window and I see the green light and I all as well with my power. You want the power to go out just so that you can use better. Absolutely. Absolutely. She has right now up about 20% biggest jump since mid February. This comes after an $8 billion deal with Amazon, but not to power your home to power data center. I surprise, again, big rally for the stock. This is kind of another example. We saw Oracle take a stake in fuel cell maker and blue energy earlier this year. So it's companies trying to get better investment and potentially better. I guess proceeds for some of these things.

3:05Again, not really the circular financing debate of Nvidia if we're talking power generation, but everything around data center and AI ripping really. All right. Let's do with data center AI and Nvidia because you've got another stock that's kind of tied into all of that. Core we've ticker CRWV, one of the main neoclouds down, call it 5.5%. Trading in slowest level since early August. This comes after the company announces plans that it's going to raise not only $3 billion in convertible debt, but also going to start up an ATM facility. So being able to sell shares into the market that could open up, potentially 35 million shares. So we're talking about big proceeds for a company that very much is invoked. Big thing from talking to folks on the buy side. When you talk about a $3 billion convert and 35 million shares on a stock that is trading at almost $80 bucks, it's another example of companies needing to raise cash to continue this build out. So writing was kind of on the wall. Now the big focus of your playing in the ECM market is, is Metagon to do a big raise and that's the big question going

4:06forward. 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.com and on Apple CarPlay and Android Auto with the Bloomberg Business app. In business, there's the easy way with staples or the hard way. Easy means world class reliability, answers from real human experts and all your workplace needs in one order. Don't choose hard, choose staples. Learn more at staples.com. Health care doesn't always work great. If you've ever waited on a refill or couldn't schedule an appointment, you get it. That's the kind of stuff Optum is changing. They're using data and technology to integrate patient care, pharmacy, and everything else. So, healthcare is connected, not complicated. What's that look like? Cheaper prescriptions that are easier to get and care that

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