Speaker 1: Bloomberg Audio Studios, Podcasts, radio News.
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 3: I'm Charlie Pelop. Will you take a look now at
Speaker 3: some of the stocks on the move today? And we
Speaker 3: are joined by Avalon Pernell, Bloomberg Equities Reporter. Got to
Speaker 3: begin with Advanced micro Devices. This stock is flying this
Speaker 3: after earnings. Tell me a little bit more Avalan about
Speaker 3: what's happening with AMD.
Speaker 1: Yes, AMD is currently up about eighteen percent to hit
Speaker 1: a record high. That's after the company gave a pretty
Speaker 1: upbeat second quarter forecast as it continues to cash in
Speaker 1: on that AI spending craze. It also reported a first
Speaker 1: quarter beat practically across the board. One important thing to
Speaker 1: also notice that after the print, AMD got several price
Speaker 1: target boosts, including an upgrade to buy at Goldman Sachs,
Speaker 1: who said that AMD should be an outsized beneficiary of
Speaker 1: enterprise agentic AI adoption.
Speaker 4: All right, certainly a major move today for advanced micro devices.
Speaker 4: Also moving higher today after earnings ride share companies, the
Speaker 4: first of two based in San Francisco. We heard from
Speaker 4: Uber Technologies what happened with Uber? Why is the stock
Speaker 4: advancing now?
Speaker 1: Yes, we sure did. That's ticker Youber, otherwise known as
Speaker 1: Uber up currently now about nine percent most interday since
Speaker 1: last June. That's after to ride hailing company forecast gross
Speaker 1: bookings and adjusted EBITDA for the second quarter that topped expectations.
Speaker 1: Jeffrey's writing that the faster and expected bookings growth despite
Speaker 1: the macro headwinds and also winter storms that we saw
Speaker 1: the past quarter, reveals strong execution and potentially a pathway
Speaker 1: to long term growth for that company.
Speaker 4: All right, so Uber is hired tomorrow we will be
Speaker 4: hearing after the bell from Lyft, and of course Uber's
Speaker 4: numbers do set expectations for the broader ride hailing and
Speaker 4: food delivery industries. Let us talk now about a company
Speaker 4: named Da Vita that stock absolutely surging today, adding to
Speaker 4: it's year today gain of roughly sixty nine percent. What
Speaker 4: is the Vita? Why is the stock on the move?
Speaker 1: Yes, that's ticker DVA. Not every day that we have
Speaker 1: a healthcare stock that is basically at the top of
Speaker 1: the S and P five hundred top performers, but Alasta
Speaker 1: Vita made it jumping twenty two percent to hit a
Speaker 1: record high today. That's after the kidney dialysis services provider
Speaker 1: reported adjusted earnings per share for the first quarter that
Speaker 1: walloped expectations the print, leading Deutsche Bank to upgrade the
Speaker 1: stock to buy, saying that the company's revenue per treatment
Speaker 1: and treatment growth in the first quarter were shining stars.
Speaker 3: Of the print.
Speaker 2: This stock mover's report from Bloomberg Radio. Check back with
Speaker 2: us throughout the day for the latest roundup of companies
Speaker 2: making news on Wall Street and for the latest market
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