1 00:00:02,520 --> 00:00:09,960 Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The Stock Movers Report, 2 00:00:10,280 --> 00:00:13,440 Speaker 1: your roundup of companies making moves in the stock market, 3 00:00:13,680 --> 00:00:16,280 Speaker 1: harnessing the power of Bloomberg Data. 4 00:00:17,040 --> 00:00:19,360 Speaker 2: Let's take a look at some stocks on the move today. 5 00:00:19,640 --> 00:00:23,240 Speaker 2: I'm Tom Keen with Paul Sweeny and Bloomberg's Lisa Matteo. 6 00:00:23,280 --> 00:00:25,240 Speaker 2: Here looking at Intel and beyond. 7 00:00:25,640 --> 00:00:27,880 Speaker 3: We are at sicker I intc it shares a bit 8 00:00:27,960 --> 00:00:30,480 Speaker 3: up as much as seven percent, so it's making some 9 00:00:30,640 --> 00:00:31,880 Speaker 3: progress on this comeback. 10 00:00:31,920 --> 00:00:33,560 Speaker 4: It's had a really tough year. 11 00:00:33,960 --> 00:00:36,600 Speaker 3: There were concerns over whether Intel can manufacture products that 12 00:00:36,840 --> 00:00:41,080 Speaker 3: pulling customers again. So the good news it returned to profitability, 13 00:00:41,120 --> 00:00:44,840 Speaker 3: gave an upbeat revenue forecast. Fourth quarter sales they're roughly 14 00:00:44,880 --> 00:00:48,600 Speaker 3: thirteen point three billion, just below Wall Street's estimates, but 15 00:00:48,680 --> 00:00:51,160 Speaker 3: some analysts still including revenue from a unit that Intel 16 00:00:51,280 --> 00:00:54,520 Speaker 3: just spun off money that wasn't part of the company's forecast. 17 00:00:54,840 --> 00:00:56,840 Speaker 3: But this all this good news, though, it comes after 18 00:00:56,880 --> 00:00:59,560 Speaker 3: Intel secured an investment from the US government that we 19 00:00:59,600 --> 00:01:02,279 Speaker 3: know about, to won backing from companies like Nvidia and 20 00:01:02,360 --> 00:01:05,920 Speaker 3: soft Bank. So investors really like those deals and they 21 00:01:05,959 --> 00:01:08,640 Speaker 3: send Intel shares up ninety percent this year. 22 00:01:08,800 --> 00:01:11,920 Speaker 4: Wow, that is I mean that's a company I kind 23 00:01:11,920 --> 00:01:15,200 Speaker 4: of thought had missed it a little bit. Yeah, but no, wait, it. 24 00:01:15,160 --> 00:01:18,720 Speaker 2: Would have right to say that there. It's like Air 25 00:01:18,840 --> 00:01:21,720 Speaker 2: France in France. They're partly owned by the USA. 26 00:01:22,360 --> 00:01:24,920 Speaker 1: They are, and it's kind of that's a new economic 27 00:01:25,120 --> 00:01:26,920 Speaker 1: order you got to get comfortable with. 28 00:01:27,000 --> 00:01:29,240 Speaker 2: I mean, does a government buy a position in Procter 29 00:01:29,360 --> 00:01:30,440 Speaker 2: and Gamble, I don't know. 30 00:01:30,680 --> 00:01:31,080 Speaker 1: I don't know. 31 00:01:31,319 --> 00:01:35,880 Speaker 4: Maybe quantum computing. That's another thing, your way ahead of 32 00:01:35,880 --> 00:01:38,319 Speaker 4: the next cracker, barrel mating. 33 00:01:38,959 --> 00:01:39,479 Speaker 1: She doesn't. 34 00:01:39,880 --> 00:01:41,920 Speaker 2: She makes clear to mention all the things I have 35 00:01:41,959 --> 00:01:42,840 Speaker 2: no clue about it. 36 00:01:43,160 --> 00:01:46,880 Speaker 3: Next Proctor and Gamble, okay, take a pg uh. Their 37 00:01:46,920 --> 00:01:49,520 Speaker 3: shares have been up more than two percent better than expected. 38 00:01:49,560 --> 00:01:52,560 Speaker 3: Sales and revenue earnings for share beat expectations. So what 39 00:01:52,760 --> 00:01:55,400 Speaker 3: was big for them? It was beauty, It was grooming, 40 00:01:55,560 --> 00:01:58,080 Speaker 3: like you know, they have secret deodorant investment. 41 00:01:58,840 --> 00:02:01,040 Speaker 4: Yes, I know, that's that's the pep part of it. 42 00:02:01,120 --> 00:02:01,920 Speaker 4: Yes you have to. 43 00:02:02,960 --> 00:02:06,440 Speaker 3: But the interesting thing is that they raise prices in 44 00:02:06,520 --> 00:02:09,880 Speaker 3: all of their business divisions except for baby, feminine and 45 00:02:09,919 --> 00:02:12,720 Speaker 3: family care, and consumers paid the higher prices. 46 00:02:12,760 --> 00:02:17,160 Speaker 2: So really, Julian Emmanuel's talked about this and others. But 47 00:02:17,639 --> 00:02:20,639 Speaker 2: this price increased thing and somebody, at least I think 48 00:02:20,680 --> 00:02:24,000 Speaker 2: you had it. They're like using terrace as a screen 49 00:02:24,800 --> 00:02:28,640 Speaker 2: to raise prices. In Lisa Matteo's house is paying for it. 50 00:02:28,760 --> 00:02:30,400 Speaker 4: Yeah, yeah, and it's tough. 51 00:02:30,440 --> 00:02:32,639 Speaker 3: It makes you decide what you need, what you really 52 00:02:32,960 --> 00:02:35,200 Speaker 3: you know, what you really don't need. But yeah, the 53 00:02:35,240 --> 00:02:37,000 Speaker 3: company's been going through a lot of changes too. I 54 00:02:37,000 --> 00:02:39,480 Speaker 3: mean they've been cutting about fifteen percent of the corporate 55 00:02:39,520 --> 00:02:41,120 Speaker 3: workforce to bring in a new CEO. 56 00:02:41,280 --> 00:02:42,680 Speaker 4: So they've got some changes ahead. 57 00:02:42,720 --> 00:02:46,160 Speaker 2: The PE twenty one versus Walmart forty two. Next. 58 00:02:46,800 --> 00:02:49,560 Speaker 3: Okay, so this is Decker's outdoor. It's d e K 59 00:02:50,280 --> 00:02:52,760 Speaker 3: down as much as twelve percent, really taking a hit 60 00:02:52,800 --> 00:02:55,160 Speaker 3: to who this company is. They're the owner of Hoka 61 00:02:55,240 --> 00:02:56,960 Speaker 3: running shoes, the UG boots that are. 62 00:02:56,880 --> 00:02:58,960 Speaker 4: All over my house. They own U Boots. 63 00:02:59,080 --> 00:03:03,320 Speaker 3: Yes, I know, but it was a miss on sales guidance. 64 00:03:03,440 --> 00:03:05,880 Speaker 3: So remember we were just talking about Procter and Gamble, Right, 65 00:03:05,919 --> 00:03:09,000 Speaker 3: people spent on their goods, but they kind of held 66 00:03:09,080 --> 00:03:12,160 Speaker 3: back on the footwear, the pricey footwear. So maybe they're 67 00:03:12,240 --> 00:03:15,200 Speaker 3: spending on the things they need, like deodorant and razors, 68 00:03:15,400 --> 00:03:18,520 Speaker 3: but they're pulling back on things they may not need. Maybe, 69 00:03:18,520 --> 00:03:20,240 Speaker 3: you know what, I'll hold on to those ug boots 70 00:03:20,280 --> 00:03:22,760 Speaker 3: another year, you know what, and I won't buy another 71 00:03:22,800 --> 00:03:26,839 Speaker 3: one this year. Bloomberg Intelligence is saying their forecast could 72 00:03:26,880 --> 00:03:30,960 Speaker 3: be kind of conservative if the momentum continues. They said 73 00:03:30,960 --> 00:03:33,560 Speaker 3: Hoka has some room to grow into a multi billion 74 00:03:33,600 --> 00:03:37,000 Speaker 3: dollar brand. But for Ugg, they said, for long term success, 75 00:03:37,080 --> 00:03:39,920 Speaker 3: they need more product diversity, They need a better. 76 00:03:39,880 --> 00:03:41,360 Speaker 4: Seasonal miss they mix. 77 00:03:41,440 --> 00:03:43,440 Speaker 3: They kind of need to shake things up, and you 78 00:03:43,440 --> 00:03:45,320 Speaker 3: saw it when they came out with the ug sneakers. 79 00:03:45,560 --> 00:03:46,920 Speaker 3: Everybody went crazy. 80 00:03:47,560 --> 00:03:51,600 Speaker 1: The stock Mover's report from Bloomberg Radio. Check back with 81 00:03:51,680 --> 00:03:54,240 Speaker 1: us throughout the day for the latest roundup of companies 82 00:03:54,320 --> 00:03:57,440 Speaker 1: making news on Wall Street and for the latest market 83 00:03:57,440 --> 00:04:01,920 Speaker 1: moving headlines. 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