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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 2: on Tipstadovek.
Speaker 3: Along with Carol Masser, we're joined by Bloomberg TV Markets
Speaker 3: correspondent Nora Melinda, Nora, what is on your radar this afternoon?
Speaker 4: Intel said to seek an Apple investment as part of
Speaker 4: its comeback bid. Of course, we know the US just
Speaker 4: weeks ago announcing that it was going to have about
Speaker 4: ten percent stake here in the company. Intel is just
Speaker 4: really just trying to grapple with all the challenges that
Speaker 4: it's been facing as it really intends to compete with
Speaker 4: a lot of the companies out there that are really
Speaker 4: betting on AI. Not seeing too much activity here and
Speaker 4: shares of Intel, let's take our I INTC or Apple
Speaker 4: AAPL in the after hours trade. But we're gonna have
Speaker 4: to hang in there and see what happens at market
Speaker 4: open tomorrow morning.
Speaker 3: I think what I find so interesting about this, Nora,
Speaker 3: is it's like, why would Apple make an investment such
Speaker 3: as this? And Ryan was on our program and he
Speaker 3: made the point. You know, Tim Cook made this commitment
Speaker 3: at the White House that the company would invest hundreds
Speaker 3: of billions of dollars in the United States and this
Speaker 3: could potentially be part of that investment.
Speaker 4: Absolutely, I mean absolutely, I think that we're going to
Speaker 4: have to see if this is a part of it.
Speaker 4: But I mean the fact that he laid out that
Speaker 4: prior and then we're just thinking about everyone really wanting
Speaker 4: to bet on home grown manufacturing here as we're trying
Speaker 4: to beef up all of our AI progress here. I mean,
Speaker 4: you're really seeing a lot of different entities coming and
Speaker 4: rallying behind Intel, and you're definitely seeing Wall Street starting
Speaker 4: to pour some cash into the company. So we'll have
Speaker 4: to see how this deal in particular progresses and what
Speaker 4: this relationship would potentially look like between Apple and Intel.
Speaker 1: You know, it's funny too when we look up at Intel,
Speaker 1: you look at the HDS function on the Bloomberger test
Speaker 1: to do with investors holdings who have the biggest Well,
Speaker 1: it's black Rock and Vanguard one and two, but United
Speaker 1: States of America that's the number three, so biggest investor
Speaker 1: in Intel. Hey, speaking about the government investing into companies,
Speaker 1: I want to jump ahead to lithium America's take our lac.
Speaker 1: That is something that we've been talking about. This one
Speaker 1: took off like a rocket.
Speaker 4: Did take off like a rocket, as you're calling out there,
Speaker 4: ended ninety five percent higher at the closing bell. I'm
Speaker 4: just blown away by that percentage right now. So this
Speaker 4: is a Vancouver based lithium manufacturer. It focuses on batteries
Speaker 4: and other things of the sort. It's about one point
Speaker 4: four billion dollars in market cap, but made some big
Speaker 4: moves here as we saw at the closing bell. As
Speaker 4: you mentioned, you know, we've been talking about steaks and
Speaker 4: the government taking stakes and multiple companies here. So the
Speaker 4: Trump administration is pursuing a steak here in this company.
Speaker 4: This happened during a renegotiation of a two point three
Speaker 4: billion dollar loan that was extended from a Department of
Speaker 4: Energy here. So as to really think about the government
Speaker 4: take putting its presence and taking steaks in multiple companies
Speaker 4: is a perfect read through there from Intel and now
Speaker 4: over here to Lithium Maria. Lots to keep an eye
Speaker 4: on here.
Speaker 3: Okay, what else you got your eye on this afternoon?
Speaker 3: You said, lots of keep your eye on. We're going
Speaker 3: to get a fourth from you. I think, yes, think
Speaker 3: it's a special day. Specially what's the.
Speaker 4: Fourth well ending on a green note, on a good
Speaker 4: note here AAR Corp. This is an aerospace and defence
Speaker 4: company in that sector there, so essentially it is a
Speaker 4: provider of a lot of the aviation services and manufacturing there.
Speaker 4: It's about three billion dollars based in Illinois here. But
Speaker 4: it boosted its organic sales growth outlook after posting first
Speaker 4: quarter results that topped expectation. So coming out of those
Speaker 4: results that beat what the market was expecting. Here it's saying, hey,
Speaker 4: we have a better outlook look ahead when we think
Speaker 4: about sales growth here for the company, one hundred percent
Speaker 4: of Wall Street is saying by that's according to the
Speaker 4: A and R page that we have here on the
Speaker 4: Bloomberry terminal, about five analysts saying to buy the stock.
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