WEBVTT - Intel Seeks Investment From Apple, Lithium Americas Soars

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<v Speaker 1>Bloomberg Audio Studios, Podcasts, Radio News.

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<v Speaker 2>The Stock Movers Report, your roundup of companies making moves

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<v Speaker 2>in the stock market, harnessing the power of Bloomberg Data

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<v Speaker 2>on Tipstadovek.

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<v Speaker 3>Along with Carol Masser, we're joined by Bloomberg TV Markets

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<v Speaker 3>correspondent Nora Melinda, Nora, what is on your radar this afternoon?

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<v Speaker 4>Intel said to seek an Apple investment as part of

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<v Speaker 4>its comeback bid. Of course, we know the US just

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<v Speaker 4>weeks ago announcing that it was going to have about

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<v Speaker 4>ten percent stake here in the company. Intel is just

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<v Speaker 4>really just trying to grapple with all the challenges that

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<v Speaker 4>it's been facing as it really intends to compete with

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<v Speaker 4>a lot of the companies out there that are really

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<v Speaker 4>betting on AI. Not seeing too much activity here and

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<v Speaker 4>shares of Intel, let's take our I INTC or Apple

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<v Speaker 4>AAPL in the after hours trade. But we're gonna have

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<v Speaker 4>to hang in there and see what happens at market

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<v Speaker 4>open tomorrow morning.

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<v Speaker 3>I think what I find so interesting about this, Nora,

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<v Speaker 3>is it's like, why would Apple make an investment such

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<v Speaker 3>as this? And Ryan was on our program and he

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<v Speaker 3>made the point. You know, Tim Cook made this commitment

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<v Speaker 3>at the White House that the company would invest hundreds

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<v Speaker 3>of billions of dollars in the United States and this

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<v Speaker 3>could potentially be part of that investment.

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<v Speaker 4>Absolutely, I mean absolutely, I think that we're going to

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<v Speaker 4>have to see if this is a part of it.

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<v Speaker 4>But I mean the fact that he laid out that

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<v Speaker 4>prior and then we're just thinking about everyone really wanting

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<v Speaker 4>to bet on home grown manufacturing here as we're trying

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<v Speaker 4>to beef up all of our AI progress here. I mean,

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<v Speaker 4>you're really seeing a lot of different entities coming and

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<v Speaker 4>rallying behind Intel, and you're definitely seeing Wall Street starting

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<v Speaker 4>to pour some cash into the company. So we'll have

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<v Speaker 4>to see how this deal in particular progresses and what

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<v Speaker 4>this relationship would potentially look like between Apple and Intel.

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<v Speaker 1>You know, it's funny too when we look up at Intel,

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<v Speaker 1>you look at the HDS function on the Bloomberger test

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<v Speaker 1>to do with investors holdings who have the biggest Well,

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<v Speaker 1>it's black Rock and Vanguard one and two, but United

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<v Speaker 1>States of America that's the number three, so biggest investor

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<v Speaker 1>in Intel. Hey, speaking about the government investing into companies,

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<v Speaker 1>I want to jump ahead to lithium America's take our lac.

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<v Speaker 1>That is something that we've been talking about. This one

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<v Speaker 1>took off like a rocket.

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<v Speaker 4>Did take off like a rocket, as you're calling out there,

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<v Speaker 4>ended ninety five percent higher at the closing bell. I'm

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<v Speaker 4>just blown away by that percentage right now. So this

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<v Speaker 4>is a Vancouver based lithium manufacturer. It focuses on batteries

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<v Speaker 4>and other things of the sort. It's about one point

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<v Speaker 4>four billion dollars in market cap, but made some big

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<v Speaker 4>moves here as we saw at the closing bell. As

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<v Speaker 4>you mentioned, you know, we've been talking about steaks and

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<v Speaker 4>the government taking stakes and multiple companies here. So the

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<v Speaker 4>Trump administration is pursuing a steak here in this company.

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<v Speaker 4>This happened during a renegotiation of a two point three

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<v Speaker 4>billion dollar loan that was extended from a Department of

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<v Speaker 4>Energy here. So as to really think about the government

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<v Speaker 4>take putting its presence and taking steaks in multiple companies

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<v Speaker 4>is a perfect read through there from Intel and now

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<v Speaker 4>over here to Lithium Maria. Lots to keep an eye

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<v Speaker 4>on here.

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<v Speaker 3>Okay, what else you got your eye on this afternoon?

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<v Speaker 3>You said, lots of keep your eye on. We're going

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<v Speaker 3>to get a fourth from you. I think, yes, think

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<v Speaker 3>it's a special day. Specially what's the.

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<v Speaker 4>Fourth well ending on a green note, on a good

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<v Speaker 4>note here AAR Corp. This is an aerospace and defence

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<v Speaker 4>company in that sector there, so essentially it is a

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<v Speaker 4>provider of a lot of the aviation services and manufacturing there.

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<v Speaker 4>It's about three billion dollars based in Illinois here. But

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<v Speaker 4>it boosted its organic sales growth outlook after posting first

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<v Speaker 4>quarter results that topped expectation. So coming out of those

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<v Speaker 4>results that beat what the market was expecting. Here it's saying, hey,

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<v Speaker 4>we have a better outlook look ahead when we think

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<v Speaker 4>about sales growth here for the company, one hundred percent

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<v Speaker 4>of Wall Street is saying by that's according to the

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<v Speaker 4>A and R page that we have here on the

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<v Speaker 4>Bloomberry terminal, about five analysts saying to buy the stock.

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