WEBVTT - Intel Surges; Ford Climbs; Alphabet Edges Higher

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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 3>Let's take a look at some stocks on the move today.

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<v Speaker 3>I'm Nathan Hager, joined by Bloomberg's Valerie Titel. On a

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<v Speaker 3>Friday morning, it feels like Friday. Everybody's happy this morning,

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<v Speaker 3>especially Intel investors for a change. Good morning, val Hey,

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<v Speaker 3>Good morning Nathan.

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<v Speaker 1>Happy CPI Friday to you. Don often get to say

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<v Speaker 1>that Intel shares in the green up nearly eight percent

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<v Speaker 1>on the back of earnings, which show that they have

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<v Speaker 1>returned to profitability. They also gave a encouraging forecast after

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<v Speaker 1>seeing the PC market rebounding. It is suggesting that this

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<v Speaker 1>chip maker is making progress in a long and challenging

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<v Speaker 1>comeback attempt. Now it seems like it is on the

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<v Speaker 1>right track, but it's also been on the right track

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<v Speaker 1>ever since that US government at stake had made it

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<v Speaker 1>one of the works first performing chip stocks into one

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<v Speaker 1>of the best. Intel shares are up some ninety percent

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<v Speaker 1>year to date, and possibly today we can make that

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<v Speaker 1>one hundred percent. With this pre market move of Intel

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<v Speaker 1>up seven point nine percent.

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<v Speaker 3>Also in the green after earnings.

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<v Speaker 1>Ford for It is up over over four percent in

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<v Speaker 1>the pre market trade. They did beat on profit and

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<v Speaker 1>investors we're excited to hear they do have plans to

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<v Speaker 1>boost back their F one fifty and super truck production

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<v Speaker 1>as it plots a rebound from a fire that took

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<v Speaker 1>out a key aluminum supplier earlier this year that did

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<v Speaker 1>hamper sales of its very highly profitable F series of pickups.

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<v Speaker 1>On the back of that fire, they did cut their guidance,

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<v Speaker 1>but it does seem to be that investors are comforted

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<v Speaker 1>that they do have a rebound plan in order to

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<v Speaker 1>get production back online. The CEO also had some pretty

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<v Speaker 1>decent things to say on tariff, saying the impact is

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<v Speaker 1>looking more reasonable for the company. So Ford up higher

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<v Speaker 1>after this beat on profit, up four percent.

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<v Speaker 3>Now there are some stocks in the red this morning,

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<v Speaker 3>including deck Outdoor after earnings. I guess investors are saying ug, yes.

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<v Speaker 1>They are Deckers, the maker of Hoka running shoes and

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<v Speaker 1>ug boots, as you mentioned, is in the red, down

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<v Speaker 1>thirteen percent. They did lower their guidance and the company

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<v Speaker 1>is saying they are seeing some effects of tariffs on

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<v Speaker 1>the US consumer. The CFO said that Deckers expects consumers

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<v Speaker 1>to act increasingly cautious over the next few months, and

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<v Speaker 1>that of course includes the key holiday season. So they

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<v Speaker 1>are expecting a cautious consumer ramping up into the holiday season,

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<v Speaker 1>which is not great for Decker's outlook. And the shares

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<v Speaker 1>are down thirteen percent.

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<v Speaker 3>Yeah, very interesting outlook there. Ahead of that CPI data

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<v Speaker 3>later this morning as well, and we've got some confirmation

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<v Speaker 3>this morning that has Alphabet shares moving. What's going on there.

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<v Speaker 1>Alphabet shares up one point four percent. Now, this comes

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<v Speaker 1>after a confirmation that Google Cloud has got a big

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<v Speaker 1>new contract Andthropic has confirmed that is teaming up with Google.

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<v Speaker 1>Google Cloud in a deal that could be worth billions

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<v Speaker 1>of dollars is something that we reported earlier this week,

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<v Speaker 1>but we now got confirmation from the Anthropic side that

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<v Speaker 1>they intend to use Google Cloud capacity in order to

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<v Speaker 1>train and serve the next generation of their Cloud LLM models,

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<v Speaker 1>and they'll give given an access of more than a

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<v Speaker 1>gigawatt of extra capacity.

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<v Speaker 3>In this deal.

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<v Speaker 1>So Google shares outperforming the Max seven this morning on

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<v Speaker 1>the back of this confirmation of one point four percent.

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<v Speaker 2>The Stock Movers report from Bloomberg Radio. Check back with

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<v Speaker 2>us throughout the day for the latest roundup of companies

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