1 00:00:02,520 --> 00:00:08,720 Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The. 2 00:00:08,720 --> 00:00:12,560 Speaker 2: Stock Movers Report, your roundup of companies making moves in 3 00:00:12,600 --> 00:00:16,280 Speaker 2: the stock market, harnessing the power of Bloomberg Data. 4 00:00:16,880 --> 00:00:18,279 Speaker 1: Let's take a look at some of the stocks on 5 00:00:18,320 --> 00:00:20,840 Speaker 1: the move today. I'm Pop Sweeny alongside Scarlett Food. Weren't 6 00:00:20,880 --> 00:00:24,040 Speaker 1: joined by Bloomberg's Christine. Christine, what are you looking at? Well, Paul, 7 00:00:24,079 --> 00:00:26,680 Speaker 1: Let's take a look at Nvidia this morning, green and 8 00:00:26,720 --> 00:00:30,160 Speaker 1: the screen. As you say, those shares among that and 9 00:00:30,520 --> 00:00:33,440 Speaker 1: tick her. NVDA shares up more than three point six 10 00:00:33,479 --> 00:00:35,960 Speaker 1: percent at the moment. It was actually in the news 11 00:00:36,000 --> 00:00:40,760 Speaker 1: today because Treasury Secretary Scott Bessen was on Fox Business 12 00:00:40,880 --> 00:00:43,720 Speaker 1: earlier this morning and he was asked whether there were 13 00:00:43,720 --> 00:00:47,080 Speaker 1: ever discussions of the US government taking a stake in Nvidia, 14 00:00:47,200 --> 00:00:49,600 Speaker 1: and he said that he was not part of any 15 00:00:49,640 --> 00:00:51,959 Speaker 1: such talks. He did say in Nvidia is the most 16 00:00:52,000 --> 00:00:55,200 Speaker 1: valuable company in the world with quote incredible management. So 17 00:00:55,480 --> 00:00:58,840 Speaker 1: seems like a little bit of the increase in stocks 18 00:00:58,840 --> 00:01:02,040 Speaker 1: this morning maybe a little bit speculative, but there go, 19 00:01:02,120 --> 00:01:04,679 Speaker 1: it's still enjoying some of those games. It also did 20 00:01:04,720 --> 00:01:08,959 Speaker 1: get a price target race at Mizuho from two hundred 21 00:01:09,000 --> 00:01:11,520 Speaker 1: twenty five or to two hundred twenty five from two 22 00:01:11,600 --> 00:01:14,240 Speaker 1: hundred and five previously, So that implies a twenty three 23 00:01:14,240 --> 00:01:17,679 Speaker 1: percent increase from its last price. And let's stay with 24 00:01:17,720 --> 00:01:19,840 Speaker 1: the chip maker theme, but move on to one that's 25 00:01:19,920 --> 00:01:21,880 Speaker 1: kind of missed out on the AI boom, and that's 26 00:01:21,920 --> 00:01:27,319 Speaker 1: an Intel. Yeah, absolutely, it's carlss So Intel shares ticker INTC. 27 00:01:27,600 --> 00:01:30,360 Speaker 1: Those aren't doing too badly. Actually they're a two point 28 00:01:30,440 --> 00:01:33,440 Speaker 1: three percent at the moment. But Bank of America analysts 29 00:01:33,560 --> 00:01:37,360 Speaker 1: are sounding the warning. They downgraded U stock to outperform 30 00:01:37,360 --> 00:01:39,640 Speaker 1: from neutral, saying that it has gone quote too far, 31 00:01:39,680 --> 00:01:42,360 Speaker 1: too fast, and that the company has really yet to 32 00:01:42,440 --> 00:01:46,200 Speaker 1: lay out a discernible AI strategy. According to the strategists, 33 00:01:46,280 --> 00:01:49,240 Speaker 1: they as to say that they fundamentally disagree strong words 34 00:01:49,240 --> 00:01:52,920 Speaker 1: there with the valuation of the company relying on the 35 00:01:52,960 --> 00:01:55,840 Speaker 1: sum of parts applied to Intel's product and foundry arms. 36 00:01:55,840 --> 00:01:58,360 Speaker 1: They think that it really should be related to the 37 00:01:58,400 --> 00:02:00,480 Speaker 1: company as a whole rather than some of it parts. 38 00:02:00,800 --> 00:02:03,480 Speaker 1: And they're also looking at a price target of thirty 39 00:02:03,480 --> 00:02:06,360 Speaker 1: four dollars from thirty six thirty seven clothes on Friday, 40 00:02:06,400 --> 00:02:08,240 Speaker 1: So that implies a six and a half percent draw. 41 00:02:08,880 --> 00:02:11,760 Speaker 2: Uh one more here, I'm guessing it's tech as well. 42 00:02:11,919 --> 00:02:14,639 Speaker 1: Tech as well. Let's round it up with AMD tick 43 00:02:14,680 --> 00:02:17,639 Speaker 1: her am D and those shares also in the green 44 00:02:17,720 --> 00:02:20,240 Speaker 1: up more than three point three percent at the moment, 45 00:02:20,560 --> 00:02:24,680 Speaker 1: and so it did get a couple of positive analyst actions. 46 00:02:24,720 --> 00:02:27,799 Speaker 1: It was raised to outperform from neutral at Kji Securities, 47 00:02:28,040 --> 00:02:31,200 Speaker 1: pressing the target at two hundred and sixty, which implies 48 00:02:31,240 --> 00:02:33,840 Speaker 1: a twenty one percent increase from the last prize. It 49 00:02:33,919 --> 00:02:37,520 Speaker 1: was also raised in terms of price target at Mizuho, 50 00:02:37,960 --> 00:02:41,239 Speaker 1: now looking at two hundred seventy five from two five, 51 00:02:41,560 --> 00:02:44,280 Speaker 1: and that is a twenty eight percent increase from its 52 00:02:44,320 --> 00:02:46,359 Speaker 1: last prize. And you know, AMD is still riding it 53 00:02:46,440 --> 00:02:48,880 Speaker 1: high from the last week's deal with open Ai. 54 00:02:50,440 --> 00:02:54,480 Speaker 2: The Stock Mover's Report from Bloomberg Radio. Check back with 55 00:02:54,560 --> 00:02:57,119 Speaker 2: us throughout the day for the latest roundup of companies 56 00:02:57,200 --> 00:03:00,359 Speaker 2: making news on Wall Street and for the latest market 57 00:03:00,360 --> 00:03:04,760 Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 58 00:03:04,880 --> 00:03:08,359 Speaker 2: Bloomberg dot com, and on Applecarplay and Android Auto with 59 00:03:08,440 --> 00:03:09,919 Speaker 2: the Bloomberg Business app.