1 00:00:02,480 --> 00:00:08,640 Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The. 2 00:00:08,680 --> 00:00:12,520 Speaker 2: Stock Movers Report, your roundup of companies making moves in 3 00:00:12,560 --> 00:00:15,840 Speaker 2: the stock market, harnessing the power of Bloomberg Data. 4 00:00:16,680 --> 00:00:18,880 Speaker 1: I'm Carol Messer along with Tim Stanevik. Let's get to 5 00:00:18,960 --> 00:00:21,400 Speaker 1: some stocks on the move. We definitely did see some 6 00:00:21,400 --> 00:00:23,880 Speaker 1: stocks at played today. Joining us right now is Bloomberg 7 00:00:23,920 --> 00:00:28,360 Speaker 1: crosssor reporter Isabelle. She's joining us here in studio. Where 8 00:00:28,360 --> 00:00:29,040 Speaker 1: are you beginning? 9 00:00:29,480 --> 00:00:32,400 Speaker 3: Intel? Ah, they didn't have a great earnings. In fact, 10 00:00:32,479 --> 00:00:35,200 Speaker 3: it was really not good. They gave lackluster forecast because 11 00:00:35,240 --> 00:00:38,600 Speaker 3: supply shortages are making it harder to meet customer demands. 12 00:00:38,640 --> 00:00:41,479 Speaker 3: So this is a disappointment because investors we're expecting a 13 00:00:41,479 --> 00:00:44,600 Speaker 3: boost from the shares are down by more than six percent. 14 00:00:44,880 --> 00:00:47,000 Speaker 3: They said first quarter revenue will be eleven point seven 15 00:00:47,040 --> 00:00:49,600 Speaker 3: billion dollars to twelve point seven billion dollars, and the 16 00:00:49,640 --> 00:00:52,479 Speaker 3: midpoint of that arrange fell short by analyst estimates, and 17 00:00:52,479 --> 00:00:54,920 Speaker 3: the company expects to break even and earnings per share 18 00:00:54,960 --> 00:00:57,640 Speaker 3: excluding items. But you know, I mean in Wall Street 19 00:00:57,640 --> 00:01:00,120 Speaker 3: have projected a profit of eight cents a share. 20 00:01:00,320 --> 00:01:00,520 Speaker 2: Yeah. 21 00:01:00,560 --> 00:01:02,360 Speaker 1: I think it was interesting, right because they talked about 22 00:01:02,400 --> 00:01:05,240 Speaker 1: we've got lots of demand. We can't need supply, but 23 00:01:05,319 --> 00:01:06,520 Speaker 1: this one's been on a tear. 24 00:01:07,080 --> 00:01:08,720 Speaker 3: It has been on a tear, but I feel like 25 00:01:08,760 --> 00:01:11,479 Speaker 3: it's a once them dominant semiconduct their company that has 26 00:01:11,560 --> 00:01:13,920 Speaker 3: been trying to get it its edge back and market 27 00:01:13,920 --> 00:01:17,800 Speaker 3: share back, and this didn't help at all. So it's 28 00:01:17,840 --> 00:01:21,360 Speaker 3: really not a good day for investors. Although their CEO 29 00:01:21,480 --> 00:01:23,760 Speaker 3: said that our yield and production manufacturer not up to 30 00:01:23,800 --> 00:01:26,720 Speaker 3: my standards. We need to improve that, So there is that. 31 00:01:26,920 --> 00:01:30,360 Speaker 4: So to Carol's point, the stock was on a tear 32 00:01:30,440 --> 00:01:33,200 Speaker 4: last year of eighty four percent by the end of 33 00:01:33,240 --> 00:01:37,039 Speaker 4: the year. The company, though still off of those all 34 00:01:37,080 --> 00:01:39,960 Speaker 4: time highs that were reached back in twenty twenty one. 35 00:01:40,880 --> 00:01:44,600 Speaker 1: It's up forty seven percent year to date already. Yes, wow, okay, 36 00:01:45,600 --> 00:01:47,600 Speaker 1: I know what you're saying. I know what you're saying. 37 00:01:48,520 --> 00:01:51,440 Speaker 3: If you look five years and tell us down four percent, 38 00:01:51,600 --> 00:01:54,560 Speaker 3: Nvidia is up, I know by one thousand percent? Am 39 00:01:54,560 --> 00:01:57,120 Speaker 3: I seeing this correctly? It's like two hundred and forty seven. 40 00:01:56,920 --> 00:01:59,360 Speaker 1: Percent Now, it's the changing dynamics that we've seen, certainly 41 00:01:59,400 --> 00:02:01,880 Speaker 1: because of the A story. But I've in find Seth 42 00:02:01,880 --> 00:02:05,040 Speaker 1: who joined us earlier from Tigress. He is optimistic about 43 00:02:05,040 --> 00:02:07,480 Speaker 1: what he's seeing from Intel and what lip Bhutan is doing. 44 00:02:07,520 --> 00:02:09,800 Speaker 4: And just a quick correction, looks like market cap peaked 45 00:02:09,840 --> 00:02:13,560 Speaker 4: in the year two thousand. For Intel, it's still down. 46 00:02:13,600 --> 00:02:16,200 Speaker 4: It'said about two hundred and seventy million billion dollar market 47 00:02:16,200 --> 00:02:19,560 Speaker 4: cap right now. Back in two thousand, it was at 48 00:02:19,560 --> 00:02:20,880 Speaker 4: four hundred and forty seven billion. 49 00:02:20,919 --> 00:02:23,400 Speaker 1: From Intel to Nvidio. We go, because that is another 50 00:02:23,400 --> 00:02:24,079 Speaker 1: one you're watching. 51 00:02:24,360 --> 00:02:26,960 Speaker 3: Stop closed eight ten to one percent there again under 52 00:02:26,960 --> 00:02:29,400 Speaker 3: the spotlight. This time, Congress is one step closer to 53 00:02:29,440 --> 00:02:32,520 Speaker 3: gaining authority to review AI chip sales to China. We 54 00:02:32,600 --> 00:02:35,400 Speaker 3: have been talking about this, but this move is likely 55 00:02:35,400 --> 00:02:37,800 Speaker 3: to open a riff for the Trump administration over plants 56 00:02:37,840 --> 00:02:41,400 Speaker 3: to let in Video sell their powerful processors to, of course, 57 00:02:41,400 --> 00:02:44,519 Speaker 3: the world's second largest economy. And we have also a 58 00:02:44,560 --> 00:02:47,000 Speaker 3: second Bloomberg story that I found interesting, but it's kind 59 00:02:47,000 --> 00:02:49,679 Speaker 3: of tangential, okay, just saying that the biggest tech and 60 00:02:49,720 --> 00:02:52,520 Speaker 3: AI companies spent more than one hundred million dollars lobbying 61 00:02:52,639 --> 00:02:56,200 Speaker 3: last year. Meta leading all the tech companies and tech 62 00:02:56,280 --> 00:03:00,400 Speaker 3: leaders like Mark Zuckerberg and in Video CEO Jensen have 63 00:03:00,480 --> 00:03:01,800 Speaker 3: built relationships with Trump. 64 00:03:01,880 --> 00:03:03,760 Speaker 4: Can we can we talk about Netflix? Because I want 65 00:03:03,760 --> 00:03:05,480 Speaker 4: to talk about something. What's going to be on Netflix? 66 00:03:06,040 --> 00:03:06,280 Speaker 3: Okay? 67 00:03:06,400 --> 00:03:07,440 Speaker 4: What's going on with Netflix? 68 00:03:07,480 --> 00:03:09,720 Speaker 3: Down by two and a half percent, The streaming video 69 00:03:09,800 --> 00:03:11,919 Speaker 3: company extended the recent sell off. It's down for the 70 00:03:12,040 --> 00:03:15,040 Speaker 3: sixth straight session and close to the lowest and more 71 00:03:15,040 --> 00:03:18,240 Speaker 3: than a year. Again. The weakness followed the company's results. 72 00:03:18,280 --> 00:03:20,639 Speaker 3: So I don't feel it because I watch Netflix all 73 00:03:20,639 --> 00:03:20,919 Speaker 3: the time. 74 00:03:20,960 --> 00:03:22,360 Speaker 4: You do watch Netflix all the time? Are you going 75 00:03:22,400 --> 00:03:25,679 Speaker 4: to watch it Friday at eight pm Eastern time? Do 76 00:03:25,720 --> 00:03:26,400 Speaker 4: you know what's going on? 77 00:03:26,720 --> 00:03:26,840 Speaker 1: No? 78 00:03:26,880 --> 00:03:29,200 Speaker 3: I'm just saying yesh's going Okay. 79 00:03:29,000 --> 00:03:33,760 Speaker 4: So Netflix is doing this live broadcast. Alex Honald he's 80 00:03:33,840 --> 00:03:38,120 Speaker 4: like the rock climber who doesn't use ropes. He climbed 81 00:03:38,120 --> 00:03:40,560 Speaker 4: El Capatan a few years ago. There was that movie 82 00:03:40,600 --> 00:03:44,520 Speaker 4: about him. Oh yeah, yeah, He's going to climb this 83 00:03:44,880 --> 00:03:48,640 Speaker 4: tower that's more than sixteen hundred feet tall Type one 84 00:03:48,680 --> 00:03:51,480 Speaker 4: oh one in Taiwan without ropes. 85 00:03:51,560 --> 00:03:54,320 Speaker 3: Wait, so this is not my thing, tim, I wonder 86 00:03:54,640 --> 00:03:56,120 Speaker 3: after that he landed safe? 87 00:03:56,640 --> 00:03:58,520 Speaker 4: So this is in really free solo. Thank you are 88 00:03:58,640 --> 00:03:59,600 Speaker 4: for reminding me about that. 89 00:04:00,240 --> 00:04:01,400 Speaker 1: Time we're gonna be watching him? 90 00:04:02,920 --> 00:04:05,640 Speaker 3: No, no, no, I'm the type who googles the ending 91 00:04:05,720 --> 00:04:06,920 Speaker 3: of movies I watch. 92 00:04:07,200 --> 00:04:10,360 Speaker 4: Oh no, I think he'll be I think he'll be. 93 00:04:10,320 --> 00:04:13,080 Speaker 3: Okay, Yeah, okay, Yeah. 94 00:04:12,480 --> 00:04:14,280 Speaker 4: I think he'll be okay. 95 00:04:15,160 --> 00:04:19,200 Speaker 2: This stock Movers report from Bloomberg Radio. Check back with 96 00:04:19,279 --> 00:04:21,880 Speaker 2: us throughout the day for the latest roundup of companies 97 00:04:21,920 --> 00:04:25,040 Speaker 2: making news on Wall Street and for the latest market 98 00:04:25,040 --> 00:04:29,520 Speaker 2: moving headlines. 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