1 00:00:02,520 --> 00:00:07,440 Speaker 1: Bloomberg Audio Studios, Podcasts, Radio News. 2 00:00:08,560 --> 00:00:12,480 Speaker 2: The Stock Movers Report, your roundup of companies making moves 3 00:00:12,480 --> 00:00:16,280 Speaker 2: in the stock market, harnessing the power of Bloomberg Data. 4 00:00:17,200 --> 00:00:19,360 Speaker 1: Let's get to some stocks on the move this past 5 00:00:19,360 --> 00:00:22,000 Speaker 1: week with us is Bloomberg News Equities Report in Italia 6 00:00:22,079 --> 00:00:24,720 Speaker 1: Kenny Javic and she joins us here in studio. Intel 7 00:00:24,840 --> 00:00:27,400 Speaker 1: was certainly a big story this week after its earning 8 00:00:27,440 --> 00:00:28,680 Speaker 1: support exactly so. 9 00:00:28,720 --> 00:00:31,280 Speaker 3: The stock is down by seventeen percent today on a 10 00:00:31,320 --> 00:00:34,559 Speaker 3: weekly basis, it doesn't look that dramatic. The shares are 11 00:00:34,560 --> 00:00:38,760 Speaker 3: done by four percent. The tickers I NTC, So of course, 12 00:00:38,800 --> 00:00:41,560 Speaker 3: we know that first quarter projections for revenue and earnings 13 00:00:41,760 --> 00:00:45,800 Speaker 3: fell short of expectations, and it is a supply issue, 14 00:00:45,880 --> 00:00:50,360 Speaker 3: so factors just can't produce enough CPUs. The main issue 15 00:00:50,440 --> 00:00:54,720 Speaker 3: is timing, just bad planning. And separately, the company also 16 00:00:54,840 --> 00:00:58,760 Speaker 3: said that it doesn't have an anchor customer for its 17 00:00:58,840 --> 00:01:03,280 Speaker 3: most advanced fourteen A process, so we know that we 18 00:01:03,360 --> 00:01:05,520 Speaker 3: had so many much expectations. When it comes to the 19 00:01:05,520 --> 00:01:08,720 Speaker 3: stock price, it's up by one percent on a twelve 20 00:01:08,760 --> 00:01:10,720 Speaker 3: month basis completely wild. 21 00:01:10,959 --> 00:01:13,600 Speaker 2: EQT one of the best performers. 22 00:01:13,280 --> 00:01:17,080 Speaker 3: Exactly so, Energy is the best performance sector. EQT is 23 00:01:17,120 --> 00:01:20,440 Speaker 3: the best performance stock. Demand for natural gas is expected 24 00:01:20,480 --> 00:01:24,639 Speaker 3: to be much stronger because we have colder than expected weather, 25 00:01:25,200 --> 00:01:29,839 Speaker 3: So again demand colder weather. And just on a side note, 26 00:01:29,880 --> 00:01:32,800 Speaker 3: of course, everyone was wondering if this company has any 27 00:01:32,840 --> 00:01:36,880 Speaker 3: ambitions to go to Venezuela. We saw some reports that 28 00:01:37,120 --> 00:01:40,840 Speaker 3: CEO said at least not now, so we will keep 29 00:01:40,840 --> 00:01:42,160 Speaker 3: an eye on that. But this is one of the 30 00:01:42,280 --> 00:01:45,640 Speaker 3: largest natural gas producers, and that is why this stock isn't. 31 00:01:45,400 --> 00:01:47,119 Speaker 1: Focus an IPO this week. 32 00:01:47,200 --> 00:01:51,919 Speaker 3: Just quickly, Yes, Bitco shares are down below the IPO price. 33 00:01:52,360 --> 00:01:54,840 Speaker 3: We can blame just crypto market volatility. 34 00:01:56,720 --> 00:02:00,760 Speaker 2: The stock mover's report from Bloomberg Radio. Check back with 35 00:02:00,840 --> 00:02:03,400 Speaker 2: us throughout the day for the latest roundup of companies 36 00:02:03,480 --> 00:02:06,559 Speaker 2: making news on Wall Street and for the latest market 37 00:02:06,600 --> 00:02:11,079 Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 38 00:02:11,160 --> 00:02:14,639 Speaker 2: Bloomberg dot com, and on Applecarplay and Android Auto with 39 00:02:14,720 --> 00:02:16,200 Speaker 2: the Bloomberg Business app.