WEBVTT - Super Micro Slumps, Tesla Plunges, Intel Rallies on Upbeat Forecast

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<v Speaker 1>Bloomberg Audio Studios, Podcasts, radio News.

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<v Speaker 2>The Stock Movers report, your roundup of companies making moves

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<v Speaker 2>in the stock market, harnessing the power of Bloomberg Data.

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<v Speaker 1>I'm Carol Masser along with Tim Steneviek. Let's get to

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<v Speaker 1>some of the stocks on the move in the Thursday trade.

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<v Speaker 1>We are joined by Bloomberg TV Market's corispondent Noura Melinda. Hey,

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<v Speaker 1>what are the names that's on your radar today? Super

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<v Speaker 1>Micro Computer ticker SMCI.

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<v Speaker 2>What do you got from?

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<v Speaker 1>Yeah?

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<v Speaker 3>So super Micro ended lower at the market close today,

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<v Speaker 3>down as much as eight point seven percent. This is

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<v Speaker 3>a stock that emerged as a favorite for a lot

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<v Speaker 3>of those enthusiasts who were into AI, but it unexpectedly

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<v Speaker 3>delivered forecasts for first quarter guidance that fell short of

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<v Speaker 3>the Wall Street estimate here, So we were seeing shares

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<v Speaker 3>falling at the closing bell here. Really just about demand

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<v Speaker 3>AI demand here, and that's not something that the street

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<v Speaker 3>was expected here.

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<v Speaker 1>Yeah, Stack was down with eight point seven percent in

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<v Speaker 1>today's session, so we definitely saw some reaction throughout that.

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<v Speaker 1>I mean, it's still up about fifty seven percent.

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<v Speaker 3>Year yea day. Definitely important to note you're seeing a

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<v Speaker 3>really strong year for this company. Nonetheless, all right.

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<v Speaker 1>Let's get to Tesla ticker TSLA.

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<v Speaker 3>Yes, Tesla's shares ended higher at the closing bell, and

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<v Speaker 3>this is interesting because we did see them selling off

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<v Speaker 3>throughout the trading day, but they ended up reversing at

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<v Speaker 3>market close up about two point three percent. And this

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<v Speaker 3>is after they reported third quarter earnings. Here. Of course,

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<v Speaker 3>we know Elon Musk used the end of the earnings

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<v Speaker 3>call to essentially lead to investors to really back this

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<v Speaker 3>one trillion dollar compensation package that he's really been pushing here.

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<v Speaker 3>So it's interesting to see a bit of that reversal here.

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<v Speaker 3>But if you look at shares of Tesla, they're up

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<v Speaker 3>about eleven percent so far this year.

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<v Speaker 4>All right, what else is on your radar?

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<v Speaker 3>Looking at CACI? Of course, this is a government it

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<v Speaker 3>contractor searching for its best day since twenty twenty. This

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<v Speaker 3>is ticker very easy here, CACI. So it ended jumping

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<v Speaker 3>as much as twelve percent. This is the best day

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<v Speaker 3>in the highest level ever here. And so we did

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<v Speaker 3>see the first quarter adjusted EPs topping expectations. We had

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<v Speaker 3>William Blair analysts coming out saying that the results and

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<v Speaker 3>the reiterated outlook really reflect how its business has largely

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<v Speaker 3>been left unscathed by Doge headwind, which of course I

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<v Speaker 3>haven't heard that in a while Doge, but I mean

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<v Speaker 3>that is something that was a really big concern here

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<v Speaker 3>for a lot of these government related contractors, and it

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<v Speaker 3>seems as though, according to William Blair at least, that

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<v Speaker 3>this company might be out of the woods with that one.

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<v Speaker 1>Remember when every day I felt like we were talking about

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<v Speaker 1>dosh right right.

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<v Speaker 4>Well, speaking of the US government, the largest single shareholder

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<v Speaker 4>in Intel is the US government.

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<v Speaker 3>Intel Intel shares definitely in focus right now, and we

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<v Speaker 3>are seeing some activity in the after hours trade this

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<v Speaker 3>after Intel gave an upbeat revenue. This really driven by

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<v Speaker 3>personal computer demands here, and this is really boosting a

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<v Speaker 3>lot of optimism about a potential comeback story years you

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<v Speaker 3>called out tim the government taking a stake in this company,

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<v Speaker 3>so it's really been on the eyes and on the

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<v Speaker 3>mind of investors so far in recent months. Shares of

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<v Speaker 3>the company up about ninety percent so far this year,

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<v Speaker 3>so some quite sellar performance so far.

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<v Speaker 1>We've been an honorable mention after the close, right, Yeah,

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<v Speaker 1>let's do forard that company reporting earnings after the bell today,

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<v Speaker 1>up five percent in the after hours.

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<v Speaker 4>Ford expecting a private hit of as much as two

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<v Speaker 4>billion dollars after a fire at a key supplier of

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<v Speaker 4>aluminum for its F one fifty. The company now expects

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<v Speaker 4>full year adjusted earnings before interest in taxes of six

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<v Speaker 4>to six point five billion, down from as much as

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<v Speaker 4>seven point five billion under its previous guidance. Fords CEO

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<v Speaker 4>Jim Farley on Bloomberg Television with Romaine Bostik and Matt Miller,

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<v Speaker 4>talking about how he was grateful for the tariff pullback

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<v Speaker 4>slightly and the less of a hit, that the company will.

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<v Speaker 1>Take more reasonable level, more reasonable.

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<v Speaker 4>Level, and then also saying that that fire at that supplier,

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<v Speaker 4>that will all be resolved by next year.

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<v Speaker 1>Yeah, which has certainly been a big hit as of late,

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<v Speaker 1>but some recovery then into twenty twenty six.

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<v Speaker 2>The Stockmovers Report from Bloomberg Radio. Check back with us

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