Speaker 1: Bloomberg Audio Studios, podcasts, radio news.
Speaker 2: The Stock Movers Report, your roundup of companies making moves
Speaker 2: in the stock market, harnessing the power of Bloomberg Data.
Speaker 1: I'm Tim Stanebeck along with Carol Masser. Let's take a
Speaker 1: look at some stocks on the move today. With us
Speaker 1: is Bloomberg News Markets Live strategist Tatiana Dare with today's
Speaker 1: stock movers. Say, Tatiana, what's on your radar?
Speaker 3: Let's start with Intel, because what a sharp turnaround? What
Speaker 3: is sharp reversal for this stock? For what really was
Speaker 3: a blowout report? Right, earnings double the forecast, guidance above expectations,
Speaker 3: sales for the AI data center segment surging sixty percent,
Speaker 3: all around good news, CEO saying demand for CPOs is
Speaker 3: taking off. Well, the investors are not really rewarding that,
Speaker 3: and you have to ask, you serve why And then
Speaker 3: you sort of zoom out the chart and you see
Speaker 3: that the shares price has absolutely gone parabolical this year, right,
Speaker 3: and that set expectations very very high, obviously, and we
Speaker 3: looked among other AI giants. It's valuation, it's actually the
Speaker 3: highest among some of the big AI players, and forward
Speaker 3: ps have doone more than one hundred percent, or rather
Speaker 3: more than one hundred just last month. So that just
Speaker 3: tells you how hard the earnings bar for this company
Speaker 3: is and why explosive price gains can be problematic. Yeah,
Speaker 3: I mean, it's an unbelievable story in terms of Intel, right,
Speaker 3: and we continue to keep an eye on it. All Right,
Speaker 3: So there's Intel. Let's go to another tech name that
Speaker 3: we talk about a lot, Oracle tickers o RCL Oracle
Speaker 3: shares down three percent. They're also on good news. The
Speaker 3: company got a ten year software deal with the Pentagon.
Speaker 3: The contract valued at over three billion for the first
Speaker 3: five years. Over seven of options are exercise. And this
Speaker 3: is a company that can certainly use some good news
Speaker 3: given its ep under document down here and this week. Yeah,
Speaker 3: and thirty eight there just year to date and heavily underperforming,
Speaker 3: you know, the Magnificent seven and the market. But it
Speaker 3: looks like this Doctors got dragged into this broader tech
Speaker 3: route and the fact that it is actually underperforming the
Speaker 3: Magnificent seven today and the software baskets which are all
Speaker 3: higher slightly tells you that this is all about the
Speaker 3: health of those balance sheets. It's all about the cost
Speaker 3: of AI spending, which is really really concerning investors.
Speaker 1: I mean's a little while if you just look at
Speaker 1: the one year chart for this company, Carol, you and
Speaker 1: I were on the beach when Oracle reported results last September.
Speaker 1: We're on the beach for work, yeah, Honeyton, right, you're
Speaker 1: in Huntington beach, and shares spiked up to three hundred
Speaker 1: and twenty four dollars a share. They're down now to
Speaker 1: one hundred and sixteen dollars a share, down sixty four
Speaker 1: percent from then.
Speaker 3: Yeah, it's unbelievable bouncing around here. But it's a story
Speaker 3: that we've been talking about a lot, certainly when it
Speaker 3: comes to the SaaS company and so on. Right, well,
Speaker 3: they're more like, yeah, yeah.
Speaker 1: Well it's also aspect. And there's the debt question too,
Speaker 1: the debt questions. Okay, all right, One thing you don't
Speaker 1: need on the beach is a parka from Canada Goose exactly.
Speaker 3: That costs one thousand dollars too, exactly, the maker of
Speaker 3: those parkers, Canada Goose, down about four percent here after
Speaker 3: a downgrade from Williams Trading to sell anticipating a great
Speaker 3: risk related to President Trump's fifty percent tariffs on some
Speaker 3: Canada goods that is expected to come into play here
Speaker 3: in August. The analyst there is concerned that the company
Speaker 3: might pull forward guidance because of that risk, noting that
Speaker 3: over twenty twenty five percent of its revenue come from
Speaker 3: the US, so it's a great risk for revenue. Well,
Speaker 3: for what it's worth, the company did a guide for
Speaker 3: load single digit growth in May, so at least we
Speaker 3: have that and as reporting next week, so we will
Speaker 3: find out. But those the tariff questions started to come
Speaker 3: back for some of these company's pretty particularly acute for
Speaker 3: the likes of Canadia.
Speaker 1: Those jackets are made in Canada.
Speaker 3: Yep, that's why they called Canada Goose the Windard jackets.
Speaker 2: By the we're already out.
Speaker 3: At Bloomingdale, so I'm just kidding me. The bathing suits,
Speaker 3: I'm a little confused.
Speaker 1: I think there are some companies that we know have
Speaker 1: different names that are where they're named, you know, where
Speaker 1: the products are made outside of the US. Okay, but
Speaker 1: this one actually made like remember President Trump's ties.
Speaker 2: Yeah, you're right, Oh wow, way back in the day.
Speaker 3: Okay, that's a good memory there.
Speaker 2: This stock mover's report from Bloomberg Radio check back with
Speaker 2: us throughout the day for the latest roundup of companies
Speaker 2: making news on Wall Street, and for the latest market
Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube,
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