1 00:00:02,520 --> 00:00:09,960 Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The Stock Movers Report, 2 00:00:10,280 --> 00:00:13,400 Speaker 1: your roundup of companies making moves in the stock market, 3 00:00:13,680 --> 00:00:17,320 Speaker 1: harnessing the power of Bloomberg Data. Let's take a look 4 00:00:17,360 --> 00:00:19,959 Speaker 1: at some stocks on the move today. I'm Tom Keen 5 00:00:20,040 --> 00:00:22,760 Speaker 1: with Paul Sweeney and Bloomberg's Lisa Matteos. 6 00:00:22,920 --> 00:00:25,960 Speaker 2: I think you know this first one, Intel, Yes, okay, 7 00:00:25,960 --> 00:00:28,680 Speaker 2: I gotcha. Their shares have been up as much as 8 00:00:28,720 --> 00:00:32,360 Speaker 2: three percent. The reason why, well, you had CEO of Bhutan. 9 00:00:32,479 --> 00:00:34,959 Speaker 2: He met with President Trump at the White House. The 10 00:00:35,000 --> 00:00:38,520 Speaker 2: President said his meeting with him was a very interesting one. 11 00:00:38,600 --> 00:00:41,960 Speaker 2: He called towns success amazing. He said discussions are going 12 00:00:42,040 --> 00:00:44,720 Speaker 2: to continue. But it's a turnaround because you remember, it 13 00:00:44,720 --> 00:00:46,559 Speaker 2: comes less than a week after the President called for 14 00:00:46,640 --> 00:00:49,320 Speaker 2: his resignation and that caused the stocks to slide. 15 00:00:49,479 --> 00:00:49,639 Speaker 1: Right. 16 00:00:50,000 --> 00:00:51,920 Speaker 2: He made that clear on social media. He said, the 17 00:00:51,960 --> 00:00:56,279 Speaker 2: CEO of Intel is conflicted and must resign immediately. But 18 00:00:56,320 --> 00:00:57,960 Speaker 2: there were a lot of concerns around it, but now 19 00:00:58,000 --> 00:00:59,959 Speaker 2: it looks like everything is I don't know what you've 20 00:01:00,040 --> 00:01:00,760 Speaker 2: all kumbaya. 21 00:01:01,320 --> 00:01:01,800 Speaker 1: I think. 22 00:01:04,480 --> 00:01:08,240 Speaker 2: You go in Vidia. That's another one that you're familiar with. 23 00:01:08,319 --> 00:01:11,200 Speaker 2: There you go, Okay, shares are lower to little chains. 24 00:01:11,240 --> 00:01:13,959 Speaker 2: They are starting to rise a little bit. But sources 25 00:01:14,000 --> 00:01:18,880 Speaker 2: saying China urging companies to avoid using Nvidia's H twenty processors. 26 00:01:19,440 --> 00:01:24,520 Speaker 2: Processors there, I can never say that process you're hanging 27 00:01:24,560 --> 00:01:27,920 Speaker 2: around with me too much. So does this mean that 28 00:01:28,520 --> 00:01:31,319 Speaker 2: the chips are going to go to China? The President's 29 00:01:31,360 --> 00:01:34,319 Speaker 2: going to make a fifteen percent commission, Yes, yes, but 30 00:01:34,480 --> 00:01:35,480 Speaker 2: China doesn't. 31 00:01:35,160 --> 00:01:35,920 Speaker 1: Want the chips. 32 00:01:36,440 --> 00:01:40,319 Speaker 2: The problem is that so it's complicating the aideal that 33 00:01:40,360 --> 00:01:43,080 Speaker 2: Trump's talking about with that fifteen percent that you're mentioning about. 34 00:01:43,120 --> 00:01:46,399 Speaker 2: So the efforts by in Nvidia to expand into China, 35 00:01:46,440 --> 00:01:48,640 Speaker 2: they were saying, oh, this might cause them to expand. 36 00:01:49,120 --> 00:01:51,640 Speaker 2: So now this might be an issue because China is 37 00:01:51,720 --> 00:01:54,639 Speaker 2: urging companies to avoid using them. So that's the issue 38 00:01:54,640 --> 00:01:56,920 Speaker 2: with that. It could also be a MD two. These 39 00:01:56,960 --> 00:01:59,400 Speaker 2: are all sources just just letting you know. This is 40 00:01:59,440 --> 00:02:03,040 Speaker 2: what source as they're saying. But the reason why Beijing 41 00:02:03,160 --> 00:02:05,280 Speaker 2: is saying this now is because they say they're worried 42 00:02:05,320 --> 00:02:09,720 Speaker 2: about location tracking, remote shutdown capabilities, which in Vidia has 43 00:02:09,760 --> 00:02:15,080 Speaker 2: said that's not an issue. So that's the latest with Nvidia. 44 00:02:15,120 --> 00:02:18,360 Speaker 2: A stock on the move is underwear maker Haines brand 45 00:02:18,400 --> 00:02:22,040 Speaker 2: its ticker HBI. You know the underwear right, Okay, So 46 00:02:22,040 --> 00:02:25,240 Speaker 2: there's forty one percent as much as forty one percent. 47 00:02:25,560 --> 00:02:28,120 Speaker 2: So the reason why is The Financial Times reported that 48 00:02:28,200 --> 00:02:32,080 Speaker 2: Canada's Guilden Active Wear is actually nearing a deal to 49 00:02:32,120 --> 00:02:35,680 Speaker 2: buy the company. It's at enterprise value about five billion dollars. 50 00:02:36,600 --> 00:02:39,720 Speaker 2: But they just posted results last week. I'm talking about 51 00:02:39,720 --> 00:02:42,239 Speaker 2: Haynes's brand better than expect in the second quarter, lifted 52 00:02:42,280 --> 00:02:45,440 Speaker 2: its forecast for the year. The agreement, who knows it 53 00:02:45,440 --> 00:02:47,400 Speaker 2: could come by the ends of the weeks. Things could 54 00:02:47,400 --> 00:02:50,160 Speaker 2: still change, but if it does go through, Bloomberg is 55 00:02:50,200 --> 00:02:53,440 Speaker 2: saying that it would be Guilden's actually largest deal so 56 00:02:53,680 --> 00:02:56,160 Speaker 2: far this year. But both companies haven't said anything, so 57 00:02:56,560 --> 00:02:58,600 Speaker 2: we shall thunder what happens with it Underwear. 58 00:03:00,160 --> 00:03:04,360 Speaker 1: The Stockmovers Report from Bloomberg Radio. 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