1
00:00:02,520 --> 00:00:07,360
Speaker 1: Bloomberg Audio Studios, podcasts, radio news.

2
00:00:08,560 --> 00:00:12,440
Speaker 2: The Stock Movers Report, your roundup of companies making moves

3
00:00:12,480 --> 00:00:16,800
Speaker 2: in the stock market. Harnessing the power of Bloomberg Data, Let's.

4
00:00:16,680 --> 00:00:17,919
Speaker 1: Take a look at some of the stocks on the

5
00:00:17,920 --> 00:00:18,360
Speaker 1: move today.

6
00:00:18,360 --> 00:00:21,720
Speaker 3: We can do that with Bloomberg's Television's markets correspondent normal

7
00:00:21,720 --> 00:00:23,560
Speaker 3: Linda Nor what are you looking at thing? Well, looking

8
00:00:23,560 --> 00:00:26,520
Speaker 3: at shares of home depot ticker HD. Have always got

9
00:00:26,520 --> 00:00:28,159
Speaker 3: my eyes on real estate. But we did see that

10
00:00:28,200 --> 00:00:31,680
Speaker 3: this company in particular reported Of course, we're seeing that

11
00:00:31,720 --> 00:00:34,479
Speaker 3: they did have a pretty good report of pretty beats

12
00:00:34,479 --> 00:00:37,280
Speaker 3: across the board, but what people are really nervous about

13
00:00:37,479 --> 00:00:40,560
Speaker 3: is the cautious outlook that they did present through the report.

14
00:00:40,680 --> 00:00:42,599
Speaker 3: People are really just talking about the fact that we're

15
00:00:42,640 --> 00:00:45,680
Speaker 3: still in this macro environment that still continues to pressure

16
00:00:45,720 --> 00:00:48,120
Speaker 3: the company. But we do see shares right now up

17
00:00:48,159 --> 00:00:51,040
Speaker 3: about two point six percent on the data, up about

18
00:00:51,040 --> 00:00:53,360
Speaker 3: thirteen percent year today. But there's still a bit of

19
00:00:53,360 --> 00:00:56,000
Speaker 3: speculation about what that outlook could mean, especially as we

20
00:00:56,160 --> 00:00:59,360
Speaker 3: got that after Walmart. Just a concern for the consumer

21
00:00:59,400 --> 00:01:00,000
Speaker 3: more broadly.

22
00:01:00,640 --> 00:01:03,360
Speaker 1: Yeah, absolutely, it's a one measure of looking at the

23
00:01:03,400 --> 00:01:05,360
Speaker 1: state of the consumer and the state of housing and

24
00:01:05,360 --> 00:01:07,600
Speaker 1: the say of the economy. Let's move to something in

25
00:01:07,640 --> 00:01:08,520
Speaker 1: tech land. What do you have?

26
00:01:09,000 --> 00:01:11,880
Speaker 3: I'm looking at AMD, can't stop keeping an eye on

27
00:01:11,959 --> 00:01:14,959
Speaker 3: these tech names advanced micro devices. We do see up

28
00:01:15,000 --> 00:01:17,600
Speaker 3: about seven percent. This is after Meta said that it

29
00:01:17,600 --> 00:01:21,080
Speaker 3: would buy the company's ships and computers designed to run

30
00:01:21,120 --> 00:01:24,880
Speaker 3: AI models. The deal overall will be worth double digit

31
00:01:25,120 --> 00:01:29,240
Speaker 3: billions of dollars per gigawatt. That's according to AMD specifically,

32
00:01:29,560 --> 00:01:31,560
Speaker 3: So as you can imagine, you do see Wall Street

33
00:01:31,600 --> 00:01:34,560
Speaker 3: really celebratory about this news as they think about this

34
00:01:34,800 --> 00:01:37,959
Speaker 3: really having AMD taking a step forward. Shares with the

35
00:01:38,000 --> 00:01:41,280
Speaker 3: company though so far this year down about two percent.

36
00:01:41,720 --> 00:01:45,400
Speaker 3: Uh into it, Yes, into it, So this is stake

37
00:01:45,440 --> 00:01:48,480
Speaker 3: your I Intu. We're also seeing shares higher, up about

38
00:01:48,480 --> 00:01:51,080
Speaker 3: one point eight percent. This is after the announcement of

39
00:01:51,080 --> 00:01:54,640
Speaker 3: a multi year partnership with Anthropic to bring custom AI

40
00:01:54,760 --> 00:01:58,880
Speaker 3: agents to mid market businesses and deliver personalized experiences for

41
00:01:59,040 --> 00:02:02,040
Speaker 3: consumers and businesses. So, as you can imagine, this really

42
00:02:02,080 --> 00:02:04,440
Speaker 3: is a tailwind for the company. People saying that this

43
00:02:04,520 --> 00:02:07,520
Speaker 3: is really great news for Intuit, whose stock has really

44
00:02:07,560 --> 00:02:10,200
Speaker 3: been battered. I mean, we're in what toward the end

45
00:02:10,200 --> 00:02:13,280
Speaker 3: of February, and this stock has lost forty five percent

46
00:02:13,880 --> 00:02:14,760
Speaker 3: so far this year.

47
00:02:15,960 --> 00:02:20,000
Speaker 2: The Stock Movers report from Bloomberg Radio. Check back with

48
00:02:20,080 --> 00:02:22,639
Speaker 2: us throughout the day for the latest roundup of companies

49
00:02:22,720 --> 00:02:25,840
Speaker 2: making news on Wall Street and for the latest market

50
00:02:25,840 --> 00:02:30,320
Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube,

51
00:02:30,400 --> 00:02:33,920
Speaker 2: Bloomberg dot com, and on Applecarplay and Android Auto with

52
00:02:33,960 --> 00:02:35,480
Speaker 2: the Bloomberg Business app.