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 3: Let's take a look at some of the stocks on
Speaker 3: the move today. We can do that with Bloomberg's cross
Speaker 3: asset reported.
Speaker 1: They needs us, but they need to What are you
Speaker 1: looking at.
Speaker 4: Let's start with AMD, obviously some of the biggest losses today.
Speaker 3: It's down about fourteen percent. Now.
Speaker 4: The chip maker sales forecast was seen as week.
Speaker 3: The curve, of course is AMD. Look at those sales number.
Speaker 4: What we got so the expectations was about nine point
Speaker 4: eight billion. Analysts had estimated nine point four billions. Some
Speaker 4: projections were as high as ten billion. So the gap
Speaker 4: between what we got and the expectation from analysts is
Speaker 4: a big reason why we're seeing some of that disappointment
Speaker 4: by expectations were pretty high. Sitting notes that the upside
Speaker 4: to the results were boosted by the China sales.
Speaker 3: Of course, everyone is looking at the bigger.
Speaker 4: Payoff from artificial intelligence spending and whether that is in
Speaker 4: the happening. There is a lot of pressure for the
Speaker 4: software names, so that's definitely adding tension here. AMD is
Speaker 4: still playing catchup within video, so everyone is watching that space.
Speaker 4: AMDB was up seventy seven percent last year, but still
Speaker 4: a pretty bad start, and they're down here todate.
Speaker 2: All right, let's look at another sock that it's down
Speaker 2: for the seventh day and eight Chipotle.
Speaker 4: Yeah, Chipotle projects flood growth and it comes at a
Speaker 4: pretty after a pretty pretty bad year.
Speaker 3: The ticker is CMG.
Speaker 4: Chipotli shares fell as much as four percent at the open.
Speaker 3: Now they're closed to flat on the day, but the stock.
Speaker 4: Declined thirty nine percent year today, so any form of
Speaker 4: relief will be much needed for the company. Sales at
Speaker 4: established locations are expected to be about flood this year.
Speaker 4: That's below the average estimate compiled by Bloomberg. It's an
Speaker 4: interesting thread. They're talking about weight loss drugs and that
Speaker 4: definitely weighing on sentiment to put Clay is facing challenges,
Speaker 4: of course from higher prices as well, but the weightlows
Speaker 4: kind of dominated the story. They've been offering those new
Speaker 4: protein offerings with hiring higher grams of protein. They say
Speaker 4: that campaign is helping so far, but clearly consumers may
Speaker 4: be opting for healthier or less food is definitely affecting
Speaker 4: the bottom line of the company.
Speaker 2: I want to Chipotle yesterday Third Avenue had a great lunch.
Speaker 1: Did you get protein? Extra protein?
Speaker 3: I don't know what protein is, dude. I get the
Speaker 3: same thing I've been ordering for fifty years. You have
Speaker 3: how much does it cost? Ten eleven, twelve bucks something
Speaker 3: like that? And what did you get? Two hard tacos? Chicken, okay,
Speaker 3: peppers and onions, pickle.
Speaker 1: The guy cheese. So it's all good. That's a lot
Speaker 1: of protein, dude.
Speaker 3: It's what I don't say protein. It's just I got
Speaker 3: chicken or he got me or something like that.
Speaker 1: Enough of the protein stuff. So it's not working for
Speaker 1: some people. The protein has I.
Speaker 3: Guess not Match Group.
Speaker 2: What do you got?
Speaker 4: First dating match Groups shares jumped as much as fifteen percent.
Speaker 3: The rally is not as strong now.
Speaker 4: Now now the company is up about two percent tickories
Speaker 4: mtcch So they told two of the big dating apps,
Speaker 4: and we're kind of seeing a different story there. The
Speaker 4: company reported earnings per shares above estimates, but what we're
Speaker 4: seeing is for one of the dating apps, Tinder, the
Speaker 4: company expected revenue declines, while for the other app, Hinge,
Speaker 4: the company expects to post double digital growth and projects
Speaker 4: a lot to mid twenties increase in revenue.
Speaker 3: It's an interesting outlook there.
Speaker 4: Analysts have seven buys and fifteen old ratings. That said,
Speaker 4: there are no sem ratings. But interesting company to watch
Speaker 4: and it's having a pretty good day after I think
Speaker 4: the company has has a down year ever since it's
Speaker 4: went public in twenty twenty one, so it's a bit
Speaker 4: a rough one.
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