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 00:00:16,960 --> 00:00:18,920 Speaker 3: Let's look at what's going on in the market. We're 5 00:00:19,000 --> 00:00:22,599 Speaker 3: joined here by Christina Quino, of course Bloomberg News. Here 6 00:00:22,880 --> 00:00:24,279 Speaker 3: we're going to talk about some of the stocks that 7 00:00:24,360 --> 00:00:26,520 Speaker 3: are really moving under the hood as we're seeing a 8 00:00:26,600 --> 00:00:29,240 Speaker 3: day full of optimism green all across the screen. What 9 00:00:29,280 --> 00:00:30,440 Speaker 3: are you watching, Christine? 10 00:00:30,480 --> 00:00:33,479 Speaker 1: I feel we have to be talking about AMD today 11 00:00:33,720 --> 00:00:36,400 Speaker 1: and most of this week, really because it is one 12 00:00:36,440 --> 00:00:39,519 Speaker 1: of the biggest gainers shares a ticker. AMD shares are 13 00:00:39,560 --> 00:00:42,080 Speaker 1: of more than ten percent, or rather earlier was up 14 00:00:42,200 --> 00:00:45,000 Speaker 1: more than ten percent. Right now up just about nine percent, 15 00:00:45,080 --> 00:00:47,800 Speaker 1: still a pretty hefty gain. That is a more than 16 00:00:47,800 --> 00:00:50,360 Speaker 1: forty percent actually on a three day winning streak, and 17 00:00:50,560 --> 00:00:53,240 Speaker 1: they really are still riding the high of news earlier 18 00:00:53,280 --> 00:00:56,480 Speaker 1: this week of their chip sale agreement with open Ai, 19 00:00:56,640 --> 00:00:59,360 Speaker 1: which the company says would unlock tens of billions of 20 00:00:59,360 --> 00:01:03,400 Speaker 1: dollars in revenue. Now, Bloombera Intelligence Annaly is weighing in, 21 00:01:03,560 --> 00:01:06,800 Speaker 1: saying that it will help OpenAI diversify its hip supply 22 00:01:06,880 --> 00:01:10,680 Speaker 1: of course, and Barkley's analy is also saying that rather 23 00:01:10,760 --> 00:01:14,040 Speaker 1: than this being sort of a diversification play away from Nvidia, 24 00:01:14,160 --> 00:01:17,560 Speaker 1: this just really shows that the ecosystem is just desperate 25 00:01:17,600 --> 00:01:21,480 Speaker 1: for more, more computing power, more investment. And it's not 26 00:01:21,480 --> 00:01:25,000 Speaker 1: a crowding out. It's actually an expansion of an ecosystem 27 00:01:25,160 --> 00:01:27,080 Speaker 1: to just bring in more players. 28 00:01:27,319 --> 00:01:29,600 Speaker 4: It's not a crowding out, it's just an expansion. I 29 00:01:29,640 --> 00:01:31,959 Speaker 4: like the way they put that, although I do wonder 30 00:01:32,000 --> 00:01:34,640 Speaker 4: why we can't get more specifics than tens of billions 31 00:01:34,680 --> 00:01:38,080 Speaker 4: of dollars in new generation of revenue, new revenue generated. 32 00:01:38,280 --> 00:01:41,480 Speaker 4: I feel like that, you know, that lack of specificicity 33 00:01:41,760 --> 00:01:42,520 Speaker 4: worries me a bit. 34 00:01:42,880 --> 00:01:45,080 Speaker 1: Yeah, I mean, I guess they're going to argue that, oh, 35 00:01:45,080 --> 00:01:47,480 Speaker 1: this is their long term framework, right, so you got 36 00:01:47,480 --> 00:01:50,200 Speaker 1: to think like further out into the horizon at least 37 00:01:50,240 --> 00:01:54,920 Speaker 1: that's going to be the probably the selling point. But anyway, 38 00:01:55,000 --> 00:01:59,480 Speaker 1: we'll see. But yeah, I mean, I think investors are 39 00:01:59,560 --> 00:02:02,280 Speaker 1: just happy to ride this wave. You know, no one 40 00:02:02,360 --> 00:02:06,320 Speaker 1: seemed to be willing to willing to get off the train, 41 00:02:07,000 --> 00:02:10,000 Speaker 1: even if there are signs of caution abounding. But yeah, 42 00:02:10,040 --> 00:02:12,320 Speaker 1: it just keeps going it's that keeps fun giving. 43 00:02:12,360 --> 00:02:15,560 Speaker 4: Apparently, it certainly is. And you're looking at Dell, which 44 00:02:15,600 --> 00:02:18,680 Speaker 4: is a legacy tech name, an old school tech name 45 00:02:18,720 --> 00:02:21,040 Speaker 4: that's gotten a big pop because of the AI play. 46 00:02:21,200 --> 00:02:24,919 Speaker 1: Absolutely SCARLT and yeah, so Dell benefiting from that as well, 47 00:02:25,040 --> 00:02:27,079 Speaker 1: even though, as you say, is a little bit more 48 00:02:27,080 --> 00:02:29,320 Speaker 1: of an old school tech company. So shares at the 49 00:02:29,320 --> 00:02:33,040 Speaker 1: moment tick herd LLL those are rising as well, more 50 00:02:33,600 --> 00:02:36,520 Speaker 1: than seven percent earlier. It hit the highest level since 51 00:02:36,600 --> 00:02:40,400 Speaker 1: May twenty twenty four. So we also got a long 52 00:02:40,520 --> 00:02:44,280 Speaker 1: term update from Dell. They were talking about their growth 53 00:02:44,400 --> 00:02:47,080 Speaker 1: estimates for sales and profits over the next two years 54 00:02:47,480 --> 00:02:52,240 Speaker 1: and that basically doubled. They revealed that in an investor 55 00:02:52,320 --> 00:02:56,480 Speaker 1: event this week, and again the reason being cited by 56 00:02:56,520 --> 00:03:00,600 Speaker 1: the company is demand for air products. So we're in 57 00:03:00,639 --> 00:03:03,560 Speaker 1: the street though, very interesting, right, so Bloomer Intelligence analysts 58 00:03:03,560 --> 00:03:07,520 Speaker 1: saying that obviously their strong AI service sales definitely helping 59 00:03:08,120 --> 00:03:10,720 Speaker 1: strengthen that outlook, and it also shows that there is 60 00:03:11,080 --> 00:03:14,360 Speaker 1: durable demand and enough room for market share gains. The 61 00:03:14,400 --> 00:03:18,840 Speaker 1: big question that bloomerdelogs and analysts are really honing in 62 00:03:18,960 --> 00:03:23,360 Speaker 1: on is how does this square with their profit margins? Right, 63 00:03:23,400 --> 00:03:25,480 Speaker 1: because this equipment, it costs a lot of money to make, 64 00:03:25,520 --> 00:03:27,880 Speaker 1: it costs a lot of money to roll out, and 65 00:03:28,000 --> 00:03:32,520 Speaker 1: is this something that would crimp those margins Eventually? Dells 66 00:03:32,720 --> 00:03:35,160 Speaker 1: sounded optimistic at their investor event, but that is still 67 00:03:35,160 --> 00:03:36,320 Speaker 1: the big question for investors. 68 00:03:36,760 --> 00:03:38,800 Speaker 4: I think that's such an important point, especially after what 69 00:03:38,840 --> 00:03:41,920 Speaker 4: we've learned about Oracle. Right, there was that report that 70 00:03:42,200 --> 00:03:44,800 Speaker 4: it's profit margin and its cloud computing business, and I 71 00:03:44,840 --> 00:03:47,080 Speaker 4: recognize that we're talking about different parts of the whole 72 00:03:47,280 --> 00:03:51,240 Speaker 4: AI machine, but Oracle's profit margin in the cloud computing 73 00:03:51,280 --> 00:03:53,560 Speaker 4: business is actually lower than what many on Wall Street 74 00:03:53,600 --> 00:03:56,000 Speaker 4: had been anticipating. So as much as people are getting 75 00:03:56,040 --> 00:03:59,200 Speaker 4: ahead and excited about what this means for new business, 76 00:03:59,760 --> 00:04:01,560 Speaker 4: it's going to come at a cost, at least initially. 77 00:04:01,720 --> 00:04:03,560 Speaker 1: Yeah, it's all going to be about the margins. Car 78 00:04:03,680 --> 00:04:05,880 Speaker 1: Lidge and are definitely something to watch for the earning season. 79 00:04:06,280 --> 00:04:08,000 Speaker 4: Last name that you're watching. 80 00:04:08,080 --> 00:04:10,720 Speaker 1: Watching fair Isaac as well, which we probably all know 81 00:04:10,800 --> 00:04:14,520 Speaker 1: as Fiicos so ticker Fiico. Those shares down more than 82 00:04:14,560 --> 00:04:17,880 Speaker 1: eight percent at the moment. Because it's not actually Ficos 83 00:04:17,880 --> 00:04:21,200 Speaker 1: specific news, is news from its competitor Equifax, saying that 84 00:04:21,360 --> 00:04:24,919 Speaker 1: it's Vantage Score for pronos service will offer mortgage credit 85 00:04:25,000 --> 00:04:27,480 Speaker 1: scores at four dollars and fifty cents through the end 86 00:04:27,640 --> 00:04:30,160 Speaker 1: of twenty twenty seven. So this is a response to 87 00:04:30,200 --> 00:04:32,240 Speaker 1: what we saw from Fico last week, which is that 88 00:04:32,560 --> 00:04:35,919 Speaker 1: they will now sell credit scores directly to mortgage resellers, 89 00:04:36,279 --> 00:04:39,920 Speaker 1: which sent the shares of their competitors plunging. So now 90 00:04:40,000 --> 00:04:42,760 Speaker 1: this is a retort from Equifax actually saying that they're 91 00:04:42,760 --> 00:04:46,440 Speaker 1: responding to ficos quote monopoly like doubling of their mortgage 92 00:04:46,480 --> 00:04:49,120 Speaker 1: credit score prices to ten dollars next year. 93 00:04:49,320 --> 00:04:51,120 Speaker 3: It's really been quite the back and forth that we've 94 00:04:51,160 --> 00:04:54,560 Speaker 3: been seeing between Fico and then it's private competitor Vantage Score. 95 00:04:54,760 --> 00:04:57,200 Speaker 3: They're really duking it out right now, trying to see 96 00:04:57,279 --> 00:05:00,800 Speaker 3: who has the most attractive opportunity right now. Lots of 97 00:05:00,839 --> 00:05:05,560 Speaker 3: interesting spots that you have picked out here for us Christine. 98 00:05:05,040 --> 00:05:09,280 Speaker 2: The Stockmovers Report from Bloomberg Radio. 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