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Speaker 1: Bloomberg Audio Studios, podcasts, radio News, The.

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Speaker 2: Stock Movers Report, your roundup of companies making moves in

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Speaker 2: the stock market, harnessing the power of Bloomberg Data.

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Speaker 1: Let's take a look at some stocks in the move today.

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Speaker 1: John Tucker and I were talking about the virtues of

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Speaker 1: the Duwault twenty volt max XR cordless Yeah, brushless fixed

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Speaker 1: based compact router tool. Only two hundred and nineteen dollars

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Speaker 1: for the du router at Home Depot.

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Speaker 3: Yeah. I don't know if that is a tariff price

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Speaker 3: or pre tariff price, but.

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Speaker 1: We don't know. In the conference call, they're going to

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Speaker 1: st ask to aherent thing.

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Speaker 3: Well, we did interview the CFO of Home Depot. He said,

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Speaker 3: expect maybe higher prices later this year because of the tariff.

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Speaker 3: Fifty percent at least, he says, fifty percent of the

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Speaker 3: stuff that they sell is actually sourced in the US.

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Speaker 3: I would push back again, I mean just anecdotally, I

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Speaker 3: see someone there used to be one. But anyway, so

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Speaker 3: consumers may be staying away from the higher priced projects

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Speaker 3: that require financing. That would make sense given where interst

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Speaker 3: rates are the world's largest home improvement retailer. It says

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Speaker 3: comp sales, this is their main metric, growing one percent

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Speaker 3: in the second quarter, so that was actually less than

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Speaker 3: what analysts had expected. The volatility pushing consumers, the economic

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Speaker 3: volatility pushing consumers to take on small projects and forego

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Speaker 3: the bigger work. According to Rich McPhail, he's the CFO.

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Speaker 3: He was interviewed on Bloomberg. Home Depot and others have

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Speaker 3: seen sales growth slower in the past couple of years

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Speaker 3: as Americans put off buying a new home or taking

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Speaker 3: on the big home improvement projects. You know, they have

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Speaker 3: pro parking at Home Depot Pro Parking. Pro Parking says,

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Speaker 3: parking for pros only near the front of the store.

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Speaker 3: I always somebody gave me a hard time. Are you

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Speaker 3: supposed to be parking there? I'm like, do I not

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Speaker 3: look like a professional? Like? What are they gonna do?

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Speaker 3: Give you a ticket? I think you can be parking

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Speaker 3: in the pro park. Yeah, I don't know.

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Speaker 1: You should see me.

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Speaker 3: Just get you know what a two x four is? Anyway,

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Speaker 3: I did a drink. Yeah, we'll move on to our

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Speaker 3: next stock. Less than two weeks after President Trump called

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Speaker 3: for the ouster of Intel's lip bu Tan, the company's

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Speaker 3: CEO doesn't have a shot at securing billions of dollars

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Speaker 3: in fresh capital. It could help them finance a turnaround

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Speaker 3: at Intel. The Trump administration in discussions to take a

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Speaker 3: stake of about ten percent, possibly by converting grants made

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Speaker 3: to the company onto the Chips and Science Act into equity.

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Speaker 3: This is according to our sources. At least this could

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Speaker 3: allow Intel to tap about ten billion dollars in capital

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Speaker 3: as a ten works out a strategy for revival. Also

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Speaker 3: another surprise involving this company, soft Bank, agreed to take

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Speaker 3: a two billion dollar steak in Intel. The company is

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Speaker 3: seeking a broader role in the artificial intelligence boom. Mashioshoson,

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Speaker 3: the founder of soft Bank, already owns a majority steak

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Speaker 3: in chip maker arm Holdings. He's laid out plans to

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Speaker 3: compete with in Vidia in AI chips. And finally, this

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Speaker 3: media deal next to our Media Group agreeing to buy

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Speaker 3: TV station operator Tegna YEP for three and a half

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Speaker 3: billion dollars cash in cash. It's a deal aimed at

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Speaker 3: combining two large TV station operators. It could test more

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Speaker 3: relaxed rules from the FCC about ownership. Remember there used

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Speaker 3: to be pretty tight restrictions about TV ownership in the US.

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Speaker 1: Sex did a broadcast cable analysis. I was shocked at

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Speaker 1: the rate to change.

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Speaker 4: Yeah, just been brutal with the cord cutting and the

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Speaker 4: audience dispersion. So, you know, when times get tough, get

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Speaker 4: bigger and try to get some costs center.

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Speaker 1: They're buying it for free cash flow?

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Speaker 3: Is it?

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Speaker 1: They just to throw up the phrase throw off cash Well.

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Speaker 4: They're buying it to get bigger, to get more scale,

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Speaker 4: to get more leveraged with some of the program suppliers,

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Speaker 4: and you know, and try to just kind of synergy,

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Speaker 4: you know, but yeah, there'll be some of that at

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Speaker 4: the corporate level. But just let's just get bigger. I mean,

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Speaker 4: you know, we got to fight against the Internet and

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Speaker 4: all that kind of stuff. Can we get a little

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Speaker 4: bit more scaleing here?

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Speaker 3: Next Star has two hundred stations. It's gigantic.

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Speaker 2: The Stock Movers Report from Bloomberg Radio. Check back with

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Speaker 2: us throughout the day for the latest roundup of companies

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Speaker 2: making news on Wall Street and for the latest market

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