On this episode of Stock Movers:


- Cipher Mining (CIFR) is higher on news Google's taking a stake in the company as part of an AI hosting deal. Google will receive warrants to buy about 24 million shares of Cipher Mining’s stock, equating to an about 5.4% pro forma equity ownership stake, as part of Cipher’s 10-year AI hosting agreement with Fluidstack.


- Intel (INTC) shares are higher as it approached Apple about securing an investment in the ailing chipmaker, according to people familiar with the matter, as part of efforts to bolster a business that’s now partially owned by the US government. A deal with Apple would represent further validation of the chipmaker’s turnaround bid, although it’s unlikely that Apple would switch back to Intel processors in its devices.


- Oracle (ORCL) is falling as Rothschild & Co Redburn initiates coverage of the software giant with a sell rating, saying the market is materially overestimating the value of the firm’s cloud revenues.

On this episode of Stock Movers:
 - Cipher Mining (CIFR) is higher on news Google's taking a stake in the company as part of an AI hosting deal. Google will receive warrants to buy about 24 million shares of Cipher Mining&rsquo;s stock, equating to an about 5.4% pro forma equity ownership stake, as part of Cipher&rsquo;s 10-year AI hosting agreement with Fluidstack.
 - Intel (INTC) shares are higher as it approached Apple about securing an investment in the ailing chipmaker, according to people familiar with the matter, as part of efforts to bolster a business that&rsquo;s now partially owned by the US government. A deal with Apple would represent further validation of the chipmaker&rsquo;s turnaround bid, although it&rsquo;s unlikely that Apple would switch back to Intel processors in its devices.
 - Oracle (ORCL) is falling as Rothschild &amp; Co Redburn initiates coverage of the software giant with a sell rating, saying the market is materially overestimating the value of the firm&rsquo;s cloud revenues.

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Listen for five-minute conversations on today's biggest winners and losers in the stock market. Subscribe for analysis on the companies making news on Wall Street.

Listen for news on today's biggest winners and losers in the stock market.

Stock Movers

Cipher Google Stake; Intel-Apple Report; Oracle Falls

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/370de660-9cf5-4791-8975-b36300b6f070/transcript

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