WEBVTT - Weekly Roundup: SanDisk Soars, Intel Rallies, Homebuilders Gain

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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 3>I'm Tim Statoveek along with Carol Masser. Let's take a

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<v Speaker 3>look at some stocks that are on the move this week.

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<v Speaker 3>We're joined by Bloomberg News Ecity's reporter Jordan Fitzgerald. Jordan,

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<v Speaker 3>it's too late for me to say Happy New Year,

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<v Speaker 3>but this was the first full trading week of the year.

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<v Speaker 3>You had a lot to choose from.

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<v Speaker 4>Yes, and I don't think it's too late yet. This

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<v Speaker 4>first time I've seen you in twenty twenty six.

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<v Speaker 3>I won't tell Larry David.

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<v Speaker 4>Other than Matt. Yes, lots going on this week. It

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<v Speaker 4>was a bit of a fear start to the year.

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<v Speaker 4>Sand Disc shares gained the most this week, up thirty

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<v Speaker 4>seven percent, closed to a record high as memory and

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<v Speaker 4>storage names continue this searing tear that they've been on.

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<v Speaker 1>This was amazing because they had such bed year last year, right,

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<v Speaker 1>they were the number one gainer right in the S

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<v Speaker 1>and P LA last year.

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<v Speaker 3>You had these stocks up triple digits in twenty twenty five,

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<v Speaker 3>and there was like a little bit of a breather

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<v Speaker 3>this week, but then continuing to surge ahead investors like.

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<v Speaker 4>These right, and investors you know, as we're investing in AI.

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<v Speaker 4>It's a lot easier I think, to you know, build

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<v Speaker 4>the stuff around it than it is to you know,

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<v Speaker 4>put your mind five years ahead as to what is

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<v Speaker 4>going to do that and to get there, we do need,

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<v Speaker 4>you know, the hardware to build it. And so these

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<v Speaker 4>these companies that are doing memory and storage chip equipment

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<v Speaker 4>names also rose today, Companies like lab Research, kla Amatt

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<v Speaker 4>like all of these these the physical components of AI

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<v Speaker 4>are really outperforming. And the market you know, did take

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<v Speaker 4>that pause this week and then they realized, no, we're

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<v Speaker 4>still into AI, so on a tear.

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<v Speaker 1>Pretty remarkable, that is. I mean you could just, man,

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<v Speaker 1>if you were all in on sand disk, you could

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<v Speaker 1>is like sell now and like say, I've.

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<v Speaker 4>Had a really good year and you know what saying

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<v Speaker 4>to do that. I feel like we were talking about

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<v Speaker 4>it now. It's every single week it's sand disk, SanDisk,

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<v Speaker 4>sand disk. Someone definitely has become generationally wealthy off of yees.

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<v Speaker 3>Up sixty percent this year so far and last January. Yeah,

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<v Speaker 3>I know, it's crazy. And he didn't even start trading

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<v Speaker 3>last year till what February, I think, and it was up,

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<v Speaker 3>you know, triple digits last year.

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<v Speaker 1>Yeah, I forgot. It didn't start trading until some point

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<v Speaker 1>last year.

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<v Speaker 3>I'm going to look at the chart, Carol, and I'm

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<v Speaker 3>going to tell you guys exactly when it started trading.

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<v Speaker 3>It was February thirteenth, twenty twenty five.

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<v Speaker 1>Yeah, it's pretty lucky thirteen. All right, let's go to Intel.

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<v Speaker 1>It has not been always so lucky for them, although

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<v Speaker 1>popping up in the White House can help.

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<v Speaker 4>Yes, As we have been reminded this week, a tweet

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<v Speaker 4>from Donald Trump can do a lot to the stock market.

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<v Speaker 4>So Trump posting on truth Social today praising Intel CEO

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<v Speaker 4>Lip Bhutan. They met yesterday, and Trump really thinks that

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<v Speaker 4>he's done a great job getting Intel to perform both

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<v Speaker 4>you know, in the market and just on its actual

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<v Speaker 4>technological product products.

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<v Speaker 3>I was thinking, and I said this earlier. It's all

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<v Speaker 3>well and good to be you know, the CEO of

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<v Speaker 3>a company that the US owns a close to ten

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<v Speaker 3>percent stake in when it's doing well, and like the

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<v Speaker 3>truth Social posts go out and the President's very happy

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<v Speaker 3>about it. But what happens if the company doesn't do well?

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<v Speaker 3>What are the calls that Lipbutan receives or the social

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<v Speaker 3>media posts that Liputan received. You're obsessed with this, I am,

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<v Speaker 3>because this is such a new world that we live in.

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<v Speaker 3>We're like because the President even touted the US's ownership

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<v Speaker 3>and talked about like the return to investors and like

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<v Speaker 3>this was a great deal for you Americans. This is

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<v Speaker 3>not the typical like free market capitalism world that we

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<v Speaker 3>thought we lived in.

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<v Speaker 4>No, it's not. But also so I don't think people

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<v Speaker 4>are complaining if they can make money until up sixteen

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<v Speaker 4>percent this week. If you're hold Intel, you don't care.

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<v Speaker 1>Yeah, it's interesting.

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<v Speaker 3>I love when you're the a stockpayer, you're a holder

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<v Speaker 3>of Intel.

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<v Speaker 1>You still go to the HDS page and you know,

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<v Speaker 1>you see the US of the United States of America

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<v Speaker 1>as the third largest shareholder of shares of Intel. So

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<v Speaker 1>it's it's pretty wild.

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<v Speaker 3>All right.

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<v Speaker 1>Let's go to a name that isn't something that I

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<v Speaker 1>talk about a lot I feel like or say often yes,

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<v Speaker 1>not not a household name.

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<v Speaker 4>Source a houseware name, but not a household name, A

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<v Speaker 4>bit of a honey one. This also you know example

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<v Speaker 4>of stocks moving on what the President says. Builders for

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<v Speaker 4>Source makes home building equipment. They're up nineteen percent this week.

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<v Speaker 4>That's the best week for that stock since twenty twenty three,

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<v Speaker 4>and rose along with the entire homebuilders ecosystem today after

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<v Speaker 4>Trump said that he wants Fanny and Freddy to purchase

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<v Speaker 4>two hundred billion dollars in mortgage bonds in an effort

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<v Speaker 4>to lower housing prices. And of course, if housing prices

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<v Speaker 4>are lower, people are buying more houses, people are renovating

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<v Speaker 4>more houses, people are furnishing more houses, and it just

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<v Speaker 4>us all of these ripple effects.

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<v Speaker 2>The Stock Movers Report from Bloomberg Radio. Check back with

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<v Speaker 2>us throughout the day for the latest roundup of companies

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