WEBVTT - Intel Shares Eclipse Dot-Com Peak, Charter Craters, Eli Lilly Slips

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<v Speaker 1>Bloomberg Audio Studios, podcasts, radio news, The.

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<v Speaker 2>Stock Movers Report, your roundup of companies making moves in

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

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<v Speaker 1>We have Avlon Parnell here with us to talk us

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<v Speaker 1>through some of the big movers. She sees, Alan, what

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<v Speaker 1>do you have for us? Yeah, we can go, and

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<v Speaker 1>to start off with probably the biggest one of today. Intel,

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<v Speaker 1>that's ticker i NTC jumping now about twenty four percent

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<v Speaker 1>for it is to hit a record high. Actually that's

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<v Speaker 1>after Intel reported a really big beat last night and

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<v Speaker 1>also a stronger than expected second quarter forecast. Ever, of course,

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<v Speaker 1>actually writing that the company's new CEO really seems to

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<v Speaker 1>be executing on a strategy that seems to be making

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<v Speaker 1>Intel back onto the competitive track, and also worth mentioning

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<v Speaker 1>that this is all basically based on AI.

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<v Speaker 3>So yeah, it's not a bit of an amazing, amazing

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<v Speaker 3>move here. How about a cable and broadband company, Charter Communications.

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<v Speaker 3>We had good numbers out of coompcast yesterday. That stock

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<v Speaker 3>was up much for Charter today.

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<v Speaker 1>Exactly, Charter that's ticker cht R struggling today to say

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<v Speaker 1>the least, down a roety about twenty three percent for

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<v Speaker 1>its biggest inter day drop on record. That's after the

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<v Speaker 1>cable company, as you mentioned behind Spectrum, reported weaker than

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<v Speaker 1>expected first quarter results. City writing that Charter's results were

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<v Speaker 1>mixed as strategic volumes and also that broadband revenue underwhelmed,

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<v Speaker 1>and also thought it was really interesting because, as you said,

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<v Speaker 1>Comcast was a basically completely different story.

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<v Speaker 3>Yep, yep, And so that's sort of expectations. I think.

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<v Speaker 1>Yeah, let's take a look at big pharma. Yes, Eli,

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<v Speaker 1>Lilly that's ticker ll Y also sliding about four point

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<v Speaker 1>two percent today to hit its lowest inter day level

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<v Speaker 1>since March, and that's after early prescription scripts data for

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<v Speaker 1>its long awaited weight loss pill very much disappointed Wall Street.

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<v Speaker 1>Lily's fat loss pill FOUNDEO generated just under four thousand

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<v Speaker 1>prescriptions and it's second week since launching. By comparison, Novo's

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<v Speaker 1>wig Govi pill got more than eighteen thousand prescriptions. So

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<v Speaker 1>while it's still way too early to say this is

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<v Speaker 1>a good or bad situation, RBC is actually writing that

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<v Speaker 1>while the comparisons this early into a launch are very

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<v Speaker 1>much immateial Vondeo's uptake this week is likely to be

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<v Speaker 1>received very negatively by investors, and we're already seeing that

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<v Speaker 1>in the stock move.

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<v Speaker 2>The stock Moover's 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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