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, Let's.
Speaker 1: Take a look at some of the stocks on the
Speaker 1: move today.
Speaker 3: We can do that with Bloomberg's Television's markets correspondent normal
Speaker 3: Linda Nor what are you looking at thing? Well, looking
Speaker 3: at shares of home depot ticker HD. Have always got
Speaker 3: my eyes on real estate. But we did see that
Speaker 3: this company in particular reported Of course, we're seeing that
Speaker 3: they did have a pretty good report of pretty beats
Speaker 3: across the board, but what people are really nervous about
Speaker 3: is the cautious outlook that they did present through the report.
Speaker 3: People are really just talking about the fact that we're
Speaker 3: still in this macro environment that still continues to pressure
Speaker 3: the company. But we do see shares right now up
Speaker 3: about two point six percent on the data, up about
Speaker 3: thirteen percent year today. But there's still a bit of
Speaker 3: speculation about what that outlook could mean, especially as we
Speaker 3: got that after Walmart. Just a concern for the consumer
Speaker 3: more broadly.
Speaker 1: Yeah, absolutely, it's a one measure of looking at the
Speaker 1: state of the consumer and the state of housing and
Speaker 1: the say of the economy. Let's move to something in
Speaker 1: tech land. What do you have?
Speaker 3: I'm looking at AMD, can't stop keeping an eye on
Speaker 3: these tech names advanced micro devices. We do see up
Speaker 3: about seven percent. This is after Meta said that it
Speaker 3: would buy the company's ships and computers designed to run
Speaker 3: AI models. The deal overall will be worth double digit
Speaker 3: billions of dollars per gigawatt. That's according to AMD specifically,
Speaker 3: So as you can imagine, you do see Wall Street
Speaker 3: really celebratory about this news as they think about this
Speaker 3: really having AMD taking a step forward. Shares with the
Speaker 3: company though so far this year down about two percent.
Speaker 3: Uh into it, Yes, into it, So this is stake
Speaker 3: your I Intu. We're also seeing shares higher, up about
Speaker 3: one point eight percent. This is after the announcement of
Speaker 3: a multi year partnership with Anthropic to bring custom AI
Speaker 3: agents to mid market businesses and deliver personalized experiences for
Speaker 3: consumers and businesses. So, as you can imagine, this really
Speaker 3: is a tailwind for the company. People saying that this
Speaker 3: is really great news for Intuit, whose stock has really
Speaker 3: been battered. I mean, we're in what toward the end
Speaker 3: of February, and this stock has lost forty five percent
Speaker 3: so far this year.
Speaker 2: The Stock Movers report from Bloomberg Radio. Check back with
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