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 00:00:16,800 --> 00:00:19,280 Speaker 3: Let's take a look at some stocks on the move today. 5 00:00:19,360 --> 00:00:22,880 Speaker 3: I'm Tim Keen with Paul Sweeney and Bloomberg's Lisa Matteo. 6 00:00:23,079 --> 00:00:27,800 Speaker 3: They have Sam Altman trying to buy Google Chrome, you know, 7 00:00:27,920 --> 00:00:29,400 Speaker 3: five days ago perplexity. 8 00:00:29,560 --> 00:00:33,520 Speaker 1: Yes, four guys from Berkeley. We're trying to buy Google Chrome. 9 00:00:33,760 --> 00:00:37,160 Speaker 1: We expect Lisa Matteo to put it innovator for Google 10 00:00:37,240 --> 00:00:38,040 Speaker 1: Chrome here. 11 00:00:38,120 --> 00:00:40,600 Speaker 4: We'll get much more on this, but just just so 12 00:00:40,800 --> 00:00:44,000 Speaker 4: you know, just so you understand that this is a 13 00:00:44,080 --> 00:00:47,400 Speaker 4: movable feast here in this technology, and we're going to 14 00:00:47,520 --> 00:00:48,240 Speaker 4: you know, next week. 15 00:00:48,280 --> 00:00:50,720 Speaker 1: We're really committed to giving you a lot on this 16 00:00:50,840 --> 00:00:53,240 Speaker 1: with the Stock Movers this morning. It's a podcast. 17 00:00:53,479 --> 00:00:55,279 Speaker 5: Lisa Matteo, all right, I want to start with your 18 00:00:55,320 --> 00:00:57,680 Speaker 5: netted health take. Are you and h their shares a 19 00:00:57,680 --> 00:01:00,240 Speaker 5: bent up as much as eleven percent before or the 20 00:01:00,280 --> 00:01:02,840 Speaker 5: bell and it's pushing up down futures as well. So 21 00:01:03,120 --> 00:01:06,520 Speaker 5: the reason why Warren Buffett's Berkshire Hathaway bought about five 22 00:01:06,520 --> 00:01:09,400 Speaker 5: million shares of United Health, and that's granting Berkshire a 23 00:01:09,440 --> 00:01:12,959 Speaker 5: stake worth about one point six billion dollars. You know, 24 00:01:13,000 --> 00:01:15,200 Speaker 5: the company, it's been facing a lot of crisis, is 25 00:01:16,319 --> 00:01:18,760 Speaker 5: reported earnings below Wall Street estimates for the first time 26 00:01:18,760 --> 00:01:21,039 Speaker 5: in more than a decade. If it's replacing its CEO 27 00:01:21,120 --> 00:01:24,520 Speaker 5: announced plans to replace the CFO. But that wasn't the 28 00:01:24,560 --> 00:01:26,800 Speaker 5: only action. There was a lot going on. So Berkshare 29 00:01:26,920 --> 00:01:29,720 Speaker 5: also sold its one billion steak and Team Mobile. They 30 00:01:29,720 --> 00:01:33,039 Speaker 5: sold about twenty million shares of Apple, although Apple's still 31 00:01:33,040 --> 00:01:36,600 Speaker 5: their top holding. They trimmed its holding in Bank of America, 32 00:01:36,640 --> 00:01:40,040 Speaker 5: selling about twenty six million shares, and then they tweaked 33 00:01:40,040 --> 00:01:43,240 Speaker 5: its investment in US home builders, building its steak in 34 00:01:43,440 --> 00:01:46,440 Speaker 5: Leonar and d R Horton. So Lenar's shares, tickeer La 35 00:01:46,600 --> 00:01:49,040 Speaker 5: and their shares have been up as much as three percent. 36 00:01:49,080 --> 00:01:50,600 Speaker 5: So a lot going on because of Berkshare. 37 00:01:50,680 --> 00:01:53,720 Speaker 1: You mentioned you bought somebody public a million years ago, 38 00:01:54,240 --> 00:01:55,520 Speaker 1: a billboard. 39 00:01:54,960 --> 00:01:57,200 Speaker 6: Company, billboard company, Lamar Africa. 40 00:01:57,040 --> 00:01:58,720 Speaker 1: Boards in twenty twenty five. 41 00:01:58,880 --> 00:02:01,040 Speaker 6: You can't click through a bill board, you can't switch 42 00:02:01,120 --> 00:02:03,720 Speaker 6: the channel on a billboard, and more and more people 43 00:02:03,720 --> 00:02:04,160 Speaker 6: are drying. 44 00:02:04,160 --> 00:02:07,160 Speaker 1: Do you remember barbarasal. Your parents would drive out west 45 00:02:07,400 --> 00:02:10,160 Speaker 1: and there'd be these red signs along the road and 46 00:02:10,200 --> 00:02:14,919 Speaker 1: there'd be one word, Lisa, like you need barbersal whatever. 47 00:02:14,639 --> 00:02:15,760 Speaker 5: It was in a row. 48 00:02:15,880 --> 00:02:19,080 Speaker 1: This is like ancient, this is before television, Lisa. Yes, 49 00:02:19,360 --> 00:02:24,960 Speaker 1: it's hard to believe. Okay, billboards, billboards, Yes, they graduate, 50 00:02:25,400 --> 00:02:29,560 Speaker 1: they said plastics, right, billboards continue one more. 51 00:02:29,720 --> 00:02:32,560 Speaker 5: You got Intel digger I INTC. Their shares have been 52 00:02:32,639 --> 00:02:34,600 Speaker 5: up as much as two percent. So this is from 53 00:02:34,680 --> 00:02:35,520 Speaker 5: sources at Bloomberg. 54 00:02:35,560 --> 00:02:35,680 Speaker 1: Right. 55 00:02:35,680 --> 00:02:37,959 Speaker 5: The Trump administration, they're saying, is in talks with the 56 00:02:38,000 --> 00:02:40,080 Speaker 5: chip maker to have the US government take a stake 57 00:02:40,160 --> 00:02:42,760 Speaker 5: in the company. So here's what they're saying. They're saying 58 00:02:42,760 --> 00:02:45,160 Speaker 5: a deal would help shore up Intel's plan factory in 59 00:02:45,240 --> 00:02:48,040 Speaker 5: Ohio and the company I had plarmas to turn that 60 00:02:48,080 --> 00:02:50,800 Speaker 5: into the world's largest tip making facility, but it was 61 00:02:50,880 --> 00:02:54,800 Speaker 5: delayed a number of times. It comes as a number 62 00:02:54,800 --> 00:02:55,079 Speaker 5: of things. 63 00:02:55,120 --> 00:02:55,240 Speaker 3: Right. 64 00:02:55,280 --> 00:02:58,360 Speaker 5: You remember Intel's president Lebutan met with President Trump at 65 00:02:58,360 --> 00:03:01,680 Speaker 5: the White House. The President call for towns regiz nation, 66 00:03:02,080 --> 00:03:05,280 Speaker 5: but concerns because of his ties to China, that was 67 00:03:05,280 --> 00:03:08,040 Speaker 5: a concern. But details are still being worked out about 68 00:03:08,040 --> 00:03:11,600 Speaker 5: this Intel Trump administration thing. The agreement, though it wood 69 00:03:11,600 --> 00:03:14,320 Speaker 5: boosts Intel's finances the time when the company's been doing 70 00:03:14,320 --> 00:03:17,600 Speaker 5: things like slashing spending, also cutting jobs too on top 71 00:03:17,639 --> 00:03:20,120 Speaker 5: of it. Finally, I want to squeeze an applied material 72 00:03:20,160 --> 00:03:23,320 Speaker 5: stick er A mate down as much as thirteen percent. 73 00:03:23,360 --> 00:03:25,160 Speaker 5: That's why I want to squeeze it in the largest 74 00:03:25,160 --> 00:03:28,840 Speaker 5: American producer of chip making gear. So disappointing sales and 75 00:03:28,880 --> 00:03:32,200 Speaker 5: profit forecasts that sparked back up those concerns at the 76 00:03:32,280 --> 00:03:34,560 Speaker 5: US trade dispute with China is kind of hang on 77 00:03:34,639 --> 00:03:38,600 Speaker 5: demand the issue, the CEO said. The company seeing less 78 00:03:38,600 --> 00:03:41,280 Speaker 5: demand from customers in China, that's number one, but it's 79 00:03:41,280 --> 00:03:45,440 Speaker 5: also facing delays and approvals for exporting the technology there. 80 00:03:45,600 --> 00:03:45,640 Speaker 3: This. 81 00:03:46,080 --> 00:03:49,440 Speaker 1: Yeah, so that's so so Wed you do, thank you, Paul. 82 00:03:49,520 --> 00:03:53,800 Speaker 1: I have no ability on this. We're going to manufacture 83 00:03:54,560 --> 00:03:59,560 Speaker 1: high tech Pacific rim products in America. Is there proof of. 84 00:03:59,600 --> 00:04:03,760 Speaker 6: Consop I don't know, but I think certainly the investments 85 00:04:03,760 --> 00:04:07,680 Speaker 6: rem being made, the policies being implemented, and we'll see 86 00:04:07,960 --> 00:04:12,160 Speaker 6: how the economics hike out here, because that's kind of 87 00:04:12,200 --> 00:04:14,960 Speaker 6: the whole issue behind all sharing in the first place. 88 00:04:16,120 --> 00:04:20,160 Speaker 2: The Stock Movers report from Bloomberg Radio. Check back with 89 00:04:20,240 --> 00:04:22,800 Speaker 2: us throughout the day for the latest roundup of companies 90 00:04:22,880 --> 00:04:25,960 Speaker 2: making news on Wall Street and for the latest market 91 00:04:26,000 --> 00:04:30,480 Speaker 2: moving headlines. 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