WEBVTT - Home Depot Rises, Advanced Micro Devices Gains, Intuit Up After Partnering With Anthropic

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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, Let's.

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<v Speaker 1>Take a look at some of the stocks on the

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<v Speaker 1>move today.

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<v Speaker 3>We can do that with Bloomberg's Television's markets correspondent normal

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<v Speaker 3>Linda Nor what are you looking at thing? Well, looking

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<v Speaker 3>at shares of home depot ticker HD. Have always got

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<v Speaker 3>my eyes on real estate. But we did see that

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<v Speaker 3>this company in particular reported Of course, we're seeing that

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<v Speaker 3>they did have a pretty good report of pretty beats

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<v Speaker 3>across the board, but what people are really nervous about

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<v Speaker 3>is the cautious outlook that they did present through the report.

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<v Speaker 3>People are really just talking about the fact that we're

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<v Speaker 3>still in this macro environment that still continues to pressure

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<v Speaker 3>the company. But we do see shares right now up

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<v Speaker 3>about two point six percent on the data, up about

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<v Speaker 3>thirteen percent year today. But there's still a bit of

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<v Speaker 3>speculation about what that outlook could mean, especially as we

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<v Speaker 3>got that after Walmart. Just a concern for the consumer

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<v Speaker 3>more broadly.

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<v Speaker 1>Yeah, absolutely, it's a one measure of looking at the

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<v Speaker 1>state of the consumer and the state of housing and

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<v Speaker 1>the say of the economy. Let's move to something in

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<v Speaker 1>tech land. What do you have?

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<v Speaker 3>I'm looking at AMD, can't stop keeping an eye on

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<v Speaker 3>these tech names advanced micro devices. We do see up

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<v Speaker 3>about seven percent. This is after Meta said that it

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<v Speaker 3>would buy the company's ships and computers designed to run

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<v Speaker 3>AI models. The deal overall will be worth double digit

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<v Speaker 3>billions of dollars per gigawatt. That's according to AMD specifically,

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<v Speaker 3>So as you can imagine, you do see Wall Street

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<v Speaker 3>really celebratory about this news as they think about this

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<v Speaker 3>really having AMD taking a step forward. Shares with the

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<v Speaker 3>company though so far this year down about two percent.

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<v Speaker 3>Uh into it, Yes, into it, So this is stake

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<v Speaker 3>your I Intu. We're also seeing shares higher, up about

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<v Speaker 3>one point eight percent. This is after the announcement of

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<v Speaker 3>a multi year partnership with Anthropic to bring custom AI

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<v Speaker 3>agents to mid market businesses and deliver personalized experiences for

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<v Speaker 3>consumers and businesses. So, as you can imagine, this really

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<v Speaker 3>is a tailwind for the company. People saying that this

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<v Speaker 3>is really great news for Intuit, whose stock has really

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<v Speaker 3>been battered. I mean, we're in what toward the end

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<v Speaker 3>of February, and this stock has lost forty five percent

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<v Speaker 3>so far this year.

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