1 00:00:02,520 --> 00:00:09,960 Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The Stock Movers Report, 2 00:00:10,240 --> 00:00:13,440 Speaker 1: your roundup of companies making moves in the stock market, 3 00:00:13,680 --> 00:00:15,880 Speaker 1: harnessing the power of Bloomberg Data. 4 00:00:16,680 --> 00:00:18,079 Speaker 2: Let's take a look at some of the stocks on 5 00:00:18,120 --> 00:00:21,319 Speaker 2: the move today. Let's check in with Bloomberg's Norm me, 6 00:00:21,320 --> 00:00:22,279 Speaker 2: Linda Nor what you got. 7 00:00:22,440 --> 00:00:24,240 Speaker 3: Well, let's take it to shares of Intel. We did 8 00:00:24,280 --> 00:00:27,280 Speaker 3: see Intel hitting its highest level since August of last year, 9 00:00:27,600 --> 00:00:30,360 Speaker 3: now pairing up about five tens of a percent. But this, 10 00:00:30,440 --> 00:00:33,680 Speaker 3: of course after the company reported an upbeat revenue forecast. 11 00:00:33,720 --> 00:00:36,800 Speaker 3: They're really citing demand for personal computers here, and we 12 00:00:36,840 --> 00:00:40,040 Speaker 3: are seeing the company returning to profitability for the third quarter. 13 00:00:40,240 --> 00:00:42,959 Speaker 3: So this is really sparking optimism for a turnaround story. Here. 14 00:00:43,000 --> 00:00:45,280 Speaker 3: Of course, we know the US earlier taking a stake 15 00:00:45,400 --> 00:00:48,080 Speaker 3: in this company. Here, shares of the company up about 16 00:00:48,159 --> 00:00:50,760 Speaker 3: ninety two percent so far this year. But if you 17 00:00:50,800 --> 00:00:52,400 Speaker 3: do look at how Wall Street is viewing it, you've 18 00:00:52,440 --> 00:00:55,200 Speaker 3: got about five hold on the stock thirty six or 19 00:00:55,200 --> 00:00:57,920 Speaker 3: five buys on the stock thirty six holds and about 20 00:00:58,000 --> 00:01:00,400 Speaker 3: ten sales cells, so about seventy percent out of Wall 21 00:01:00,440 --> 00:01:03,040 Speaker 3: Street things that you should hold this stock. About nineteen percent, saying, 22 00:01:03,080 --> 00:01:05,480 Speaker 3: so all right, let's move on to Ford, and that 23 00:01:05,560 --> 00:01:08,400 Speaker 3: stock is on fire today, on fire. Indeed, we are 24 00:01:08,440 --> 00:01:11,039 Speaker 3: seeing shares of Ford jumping as much as ten percent, 25 00:01:11,440 --> 00:01:13,720 Speaker 3: the best day since twenty twenty two. This is after 26 00:01:13,760 --> 00:01:16,560 Speaker 3: the company reported a profit beat and a boost to 27 00:01:16,600 --> 00:01:19,800 Speaker 3: pickup truck production here. But we did see the company 28 00:01:19,840 --> 00:01:23,080 Speaker 3: talking about an up to two billion dollar profit hit. This, 29 00:01:23,200 --> 00:01:25,200 Speaker 3: of course, we know coming after a fire at a 30 00:01:25,280 --> 00:01:28,080 Speaker 3: key supplier of aluminum for its F one to fifty 31 00:01:28,120 --> 00:01:30,800 Speaker 3: pickup truck. So that's something that investors are still continuing 32 00:01:30,800 --> 00:01:33,600 Speaker 3: to parse. But nonetheless, we are seeing shares up more 33 00:01:33,640 --> 00:01:35,640 Speaker 3: than ten percent as we speak, and year to date 34 00:01:36,000 --> 00:01:37,880 Speaker 3: gaining about thirty seven percent. 35 00:01:37,959 --> 00:01:40,479 Speaker 2: Here. It's a fifty two week high for that, right, 36 00:01:40,560 --> 00:01:43,240 Speaker 2: So nice move, and GM had a nice move earlier 37 00:01:43,240 --> 00:01:46,000 Speaker 2: in the week as well. And I tell you the 38 00:01:46,040 --> 00:01:50,280 Speaker 2: internal combustion nations cars, those scenes are profitable. I mean 39 00:01:50,320 --> 00:01:52,720 Speaker 2: they figured out which things sell, which one's a profit them. 40 00:01:52,800 --> 00:01:55,400 Speaker 2: For Ford, it's the F one fifty take that just 41 00:01:55,480 --> 00:01:56,880 Speaker 2: kind of is apprised and they figure that one out, 42 00:01:56,880 --> 00:01:59,240 Speaker 2: gailing back a little bit on the EV rollout, and 43 00:01:59,280 --> 00:02:02,200 Speaker 2: I think investors like that story. Palenteer Palenteer. 44 00:02:02,240 --> 00:02:03,880 Speaker 3: So this is stock that's really been on a tear 45 00:02:04,040 --> 00:02:06,520 Speaker 3: up about one hundred and forty three percent so far 46 00:02:06,600 --> 00:02:08,680 Speaker 3: this year, and today we're seeing a gain of as 47 00:02:08,720 --> 00:02:11,720 Speaker 3: as much as three point two percent this stuff. The 48 00:02:11,760 --> 00:02:13,959 Speaker 3: company launched the fact that it's going to be having 49 00:02:13,960 --> 00:02:17,639 Speaker 3: a new partnership with Looman Technologies. This should support more 50 00:02:17,639 --> 00:02:20,280 Speaker 3: AI services. Lumen has agreed to spend more than two 51 00:02:20,360 --> 00:02:23,880 Speaker 3: hundred million dollars on Palenteer software over the period of 52 00:02:23,919 --> 00:02:26,640 Speaker 3: several years. This it hopes to better manage and operate 53 00:02:26,680 --> 00:02:29,640 Speaker 3: its networks and services. We are seeing shares of Luman, 54 00:02:29,639 --> 00:02:32,960 Speaker 3: which is taker Lumn, up about four percent right now 55 00:02:32,960 --> 00:02:37,200 Speaker 3: as we speak, but Palenteer clearly gaining as well. 56 00:02:37,400 --> 00:02:41,440 Speaker 1: The stock mover's report from Bloomberg Radio. Check back with 57 00:02:41,520 --> 00:02:44,079 Speaker 1: us throughout the day for the latest roundup of companies 58 00:02:44,160 --> 00:02:47,239 Speaker 1: making news on Wall Street and for the latest market 59 00:02:47,280 --> 00:02:51,720 Speaker 1: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 60 00:02:51,840 --> 00:02:55,360 Speaker 1: Bloomberg dot com, and on Applecarplay and Android Auto with 61 00:02:55,400 --> 00:02:56,919 Speaker 1: the Bloomberg Business app.