1 00:00:02,520 --> 00:00:07,360 Speaker 1: Bloomberg Audio Studios, podcasts, radio news. 2 00:00:08,560 --> 00:00:12,440 Speaker 2: The Stock Movers Report, your roundup of companies making moves 3 00:00:12,480 --> 00:00:15,880 Speaker 2: in the stock market. Harnessing the power of Bloomberg Data. 4 00:00:16,960 --> 00:00:18,799 Speaker 3: Let's take a look at some stocks on the move today. 5 00:00:18,800 --> 00:00:21,959 Speaker 3: I'm Nathan Hager, joined by Bloomberg's Valerie Titel. On a 6 00:00:22,000 --> 00:00:25,800 Speaker 3: Friday morning, it feels like Friday. Everybody's happy this morning, 7 00:00:26,360 --> 00:00:30,320 Speaker 3: especially Intel investors for a change. Good morning, val Hey, 8 00:00:30,360 --> 00:00:31,120 Speaker 3: Good morning Nathan. 9 00:00:31,160 --> 00:00:34,040 Speaker 1: Happy CPI Friday to you. Don often get to say 10 00:00:34,040 --> 00:00:37,199 Speaker 1: that Intel shares in the green up nearly eight percent 11 00:00:37,479 --> 00:00:39,640 Speaker 1: on the back of earnings, which show that they have 12 00:00:39,760 --> 00:00:44,720 Speaker 1: returned to profitability. They also gave a encouraging forecast after 13 00:00:44,760 --> 00:00:48,559 Speaker 1: seeing the PC market rebounding. It is suggesting that this 14 00:00:48,680 --> 00:00:51,519 Speaker 1: chip maker is making progress in a long and challenging 15 00:00:51,560 --> 00:00:54,320 Speaker 1: comeback attempt. Now it seems like it is on the 16 00:00:54,400 --> 00:00:56,760 Speaker 1: right track, but it's also been on the right track 17 00:00:56,800 --> 00:00:59,360 Speaker 1: ever since that US government at stake had made it 18 00:00:59,400 --> 00:01:01,880 Speaker 1: one of the works first performing chip stocks into one 19 00:01:01,920 --> 00:01:04,399 Speaker 1: of the best. Intel shares are up some ninety percent 20 00:01:04,520 --> 00:01:06,800 Speaker 1: year to date, and possibly today we can make that 21 00:01:06,840 --> 00:01:09,000 Speaker 1: one hundred percent. With this pre market move of Intel 22 00:01:09,120 --> 00:01:10,520 Speaker 1: up seven point nine percent. 23 00:01:10,880 --> 00:01:13,520 Speaker 3: Also in the green after earnings. 24 00:01:13,360 --> 00:01:17,640 Speaker 1: Ford for It is up over over four percent in 25 00:01:17,680 --> 00:01:20,600 Speaker 1: the pre market trade. They did beat on profit and 26 00:01:20,640 --> 00:01:23,720 Speaker 1: investors we're excited to hear they do have plans to 27 00:01:23,880 --> 00:01:27,000 Speaker 1: boost back their F one fifty and super truck production 28 00:01:27,160 --> 00:01:30,360 Speaker 1: as it plots a rebound from a fire that took 29 00:01:30,360 --> 00:01:33,960 Speaker 1: out a key aluminum supplier earlier this year that did 30 00:01:34,000 --> 00:01:38,039 Speaker 1: hamper sales of its very highly profitable F series of pickups. 31 00:01:38,360 --> 00:01:40,679 Speaker 1: On the back of that fire, they did cut their guidance, 32 00:01:40,720 --> 00:01:43,160 Speaker 1: but it does seem to be that investors are comforted 33 00:01:43,240 --> 00:01:45,200 Speaker 1: that they do have a rebound plan in order to 34 00:01:45,200 --> 00:01:48,480 Speaker 1: get production back online. The CEO also had some pretty 35 00:01:48,520 --> 00:01:50,640 Speaker 1: decent things to say on tariff, saying the impact is 36 00:01:50,680 --> 00:01:54,240 Speaker 1: looking more reasonable for the company. So Ford up higher 37 00:01:54,280 --> 00:01:56,240 Speaker 1: after this beat on profit, up four percent. 38 00:01:56,560 --> 00:01:58,639 Speaker 3: Now there are some stocks in the red this morning, 39 00:01:58,760 --> 00:02:05,880 Speaker 3: including deck Outdoor after earnings. I guess investors are saying ug, yes. 40 00:02:05,680 --> 00:02:08,920 Speaker 1: They are Deckers, the maker of Hoka running shoes and 41 00:02:09,040 --> 00:02:11,239 Speaker 1: ug boots, as you mentioned, is in the red, down 42 00:02:11,320 --> 00:02:15,600 Speaker 1: thirteen percent. They did lower their guidance and the company 43 00:02:15,680 --> 00:02:18,440 Speaker 1: is saying they are seeing some effects of tariffs on 44 00:02:18,520 --> 00:02:23,160 Speaker 1: the US consumer. The CFO said that Deckers expects consumers 45 00:02:23,160 --> 00:02:27,000 Speaker 1: to act increasingly cautious over the next few months, and 46 00:02:27,000 --> 00:02:30,400 Speaker 1: that of course includes the key holiday season. So they 47 00:02:30,440 --> 00:02:34,320 Speaker 1: are expecting a cautious consumer ramping up into the holiday season, 48 00:02:34,360 --> 00:02:37,240 Speaker 1: which is not great for Decker's outlook. And the shares 49 00:02:37,280 --> 00:02:38,440 Speaker 1: are down thirteen percent. 50 00:02:38,639 --> 00:02:42,040 Speaker 3: Yeah, very interesting outlook there. Ahead of that CPI data 51 00:02:42,120 --> 00:02:44,960 Speaker 3: later this morning as well, and we've got some confirmation 52 00:02:45,200 --> 00:02:49,960 Speaker 3: this morning that has Alphabet shares moving. What's going on there. 53 00:02:50,120 --> 00:02:52,919 Speaker 1: Alphabet shares up one point four percent. Now, this comes 54 00:02:52,960 --> 00:02:56,240 Speaker 1: after a confirmation that Google Cloud has got a big 55 00:02:56,360 --> 00:03:00,000 Speaker 1: new contract Andthropic has confirmed that is teaming up with Google. 56 00:03:00,000 --> 00:03:02,440 Speaker 1: Google Cloud in a deal that could be worth billions 57 00:03:02,480 --> 00:03:05,959 Speaker 1: of dollars is something that we reported earlier this week, 58 00:03:06,000 --> 00:03:08,560 Speaker 1: but we now got confirmation from the Anthropic side that 59 00:03:08,600 --> 00:03:12,320 Speaker 1: they intend to use Google Cloud capacity in order to 60 00:03:12,360 --> 00:03:16,280 Speaker 1: train and serve the next generation of their Cloud LLM models, 61 00:03:16,320 --> 00:03:18,560 Speaker 1: and they'll give given an access of more than a 62 00:03:18,600 --> 00:03:20,760 Speaker 1: gigawatt of extra capacity. 63 00:03:20,400 --> 00:03:20,919 Speaker 3: In this deal. 64 00:03:20,960 --> 00:03:23,560 Speaker 1: So Google shares outperforming the Max seven this morning on 65 00:03:23,600 --> 00:03:26,120 Speaker 1: the back of this confirmation of one point four percent. 66 00:03:27,520 --> 00:03:31,560 Speaker 2: The Stock Movers report from Bloomberg Radio. 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