WEBVTT - Weekly Roundup: Intel Jumps, Zoetis Plummets, Datadog Soars

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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.

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<v Speaker 3>I'm Tim Statoveek along with Carol Massler. Let's take a

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<v Speaker 3>look at some stocks on the move this week. We

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<v Speaker 3>are joined by Bloomberg News Equities reporter Avalon Parnell.

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<v Speaker 4>Yes, what do you see?

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<v Speaker 5>Well, we have to start off with Intel. I feel

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<v Speaker 5>like we talk about them every week. But that's take

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<v Speaker 5>your buy in TC gaining twenty five percent this week

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<v Speaker 5>to end its best weekly jump since two thousand and

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<v Speaker 5>that's right. It's after the Wall Street Journal reported that

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<v Speaker 5>the company has reached a preliminary agreement with Apple to

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<v Speaker 5>potentially manufacture some of the chips from used in their devices.

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<v Speaker 5>Would I be a phone, iPad, et cetera. One analyst

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<v Speaker 5>writing that the report adds more fuel to a stock

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<v Speaker 5>that has already been on fire this year.

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<v Speaker 1>It's it's pretty remarkable the jump back Intel. Do you

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<v Speaker 1>want to guess did you look at the thing.

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<v Speaker 4>You're to date?

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<v Speaker 1>Yeah?

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<v Speaker 6>Do you know what it did yesterday? I know, let's

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<v Speaker 6>say yes, no, not even close. Try to get.

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<v Speaker 4>Doubled more than doubled, two hundred and forty percent more

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<v Speaker 4>than doubles.

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<v Speaker 6>Yeah, not amazing.

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<v Speaker 4>Yeah, that's you to d Do you know it's your

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<v Speaker 4>to date?

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<v Speaker 6>Do you know what I mean?

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<v Speaker 4>That's your date to date?

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<v Speaker 6>Do you want to know what the pe is? Four

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<v Speaker 6>hundred and ninety seven? Okay, the forward looking pe.

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<v Speaker 1>Is one hundred and thirteen. That's the current pe. Okay, Sorry,

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<v Speaker 1>we just ran away, but we've been. It's it's you know, listen,

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<v Speaker 1>investment by the US, a change in its fortunes. It

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<v Speaker 1>seems like a lot of stuff going forward. Our Ian

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<v Speaker 1>king has a great story about kind of what Intel

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<v Speaker 1>and the Bhutan the CEO has.

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<v Speaker 6>To do going forward to kind of deliver on everything.

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<v Speaker 6>So good stuff. Where shall we go next?

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<v Speaker 5>Well, we should go to a company that didn't have

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<v Speaker 5>as great of results. That is Sosotis Thatt's ticker ZTS

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<v Speaker 5>saying twenty seven percent to end its worst weekly drop

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<v Speaker 5>on record. That's after the world's largest animal health company

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<v Speaker 5>missed first quarter sales expectations and also slashed its full

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<v Speaker 5>year guidance. Part of that is because management is saying

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<v Speaker 5>that Americans are spending less on pets that's really interesting

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<v Speaker 5>since during the pandemic, we know that we were hitting

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<v Speaker 5>record highs of how much people were spending on their pets,

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<v Speaker 5>especially their dogs, and so management is saying that these

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<v Speaker 5>pet owners are delaying routine visits and choosing less expensive medicines.

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<v Speaker 3>I know what else they're delaying, what picking up after

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<v Speaker 3>their dogs on the sidewalks.

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<v Speaker 6>You know, don't look at me. I've got my which they.

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<v Speaker 4>Would spend more on the bags.

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<v Speaker 1>I agree, we have boxes and bags come in.

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<v Speaker 6>I clean it up, sometimes three bags to do it.

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<v Speaker 1>Yeah, And I know, don't look at me. I'm cleaning

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<v Speaker 1>up after my dogs. But I agree with you New Yorkers.

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<v Speaker 1>If you're not, you should be doing it because it's not.

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<v Speaker 6>You know what's.

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<v Speaker 1>Interesting that we talked with the head of Alenco Animal Health.

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<v Speaker 4>They were lucky. Yeah, yesterday they were up beat.

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<v Speaker 1>They were and they saw their stock lea in a

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<v Speaker 1>big way with pets.

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<v Speaker 4>But part of it also has to do with livestock.

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<v Speaker 1>And I know, but they seem to you know, I

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<v Speaker 1>know what that vet Bill goes.

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<v Speaker 6>There's a lot of money.

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<v Speaker 4>Tom Keen calls his and his pet that Bill.

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<v Speaker 1>That Bill. Yeah, I totally relate, though I get he

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<v Speaker 1>also calls Lady Gagat Lady Gaga, which is why we

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<v Speaker 1>love Tom Keen.

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<v Speaker 4>There's some other Keens sagui Fore.

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<v Speaker 6>He's just a gem. He really is.

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<v Speaker 1>He's the gift that keeps on giving. And we mean

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<v Speaker 1>that if you don't listen in the morning, you should be.

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<v Speaker 1>Let's go to your third pick.

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<v Speaker 5>Yes, another animal related but not really data dog. That

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<v Speaker 5>stick dog we've done jumped forty two percent to nab

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<v Speaker 5>it's biggest weekly leap on record. That's after the software

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<v Speaker 5>company had great results this week. First quarter exceeded expectations

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<v Speaker 5>and it boosted as full your guidance. Barclays had a

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<v Speaker 5>great note saying that it's a very strong signal concerned.

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<v Speaker 5>The company tends to be very conservative for their guidance,

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<v Speaker 5>so if this is conservative, I can only imagine what

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<v Speaker 5>could happen next.

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<v Speaker 1>Oh my goshing the most in six years when I

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<v Speaker 1>guess it initially came out with it, and that one day,

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<v Speaker 1>Oh my god.

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<v Speaker 6>For the week overall, though.

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<v Speaker 4>Don't forget to pick up after your data dog, what

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<v Speaker 4>do you pick up chips?

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<v Speaker 6>We'll silk one wafers.

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<v Speaker 4>Friday, little zeros and.

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<v Speaker 6>Ones like what do you pick up?

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<v Speaker 1>He's not wrong, and especially if you have little kids,

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<v Speaker 1>is not well little kids you will lie on the

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<v Speaker 1>ground pick up anything like you really have to be careful.

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<v Speaker 4>It's also also you know the whole shoes off rule

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<v Speaker 4>in homes we talked about. We talked about that a dog.

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<v Speaker 4>We talked about data dog taking off shoes and homes.

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<v Speaker 6>Yeah, we do that too. Yeah, it's another reason the puppies, however,

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<v Speaker 6>do not take out them.

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<v Speaker 4>That's what they you know, my that would be.

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<v Speaker 3>My in laws when they had dogs. They would they

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<v Speaker 3>would clean off the pause after taking the dogs outside.

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<v Speaker 3>And they live in like a place that's not you know,

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<v Speaker 3>New York City where it's.

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<v Speaker 4>I know, it's still there.

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<v Speaker 6>Very actually a puppy Paul washer. It's like this tube

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<v Speaker 6>and you put water and it's like like it's.

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<v Speaker 4>I'm sure every time after you take the dog. How

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<v Speaker 4>you do the dogs?

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<v Speaker 6>I don't know. Yes, it's just I'm amazed I get

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<v Speaker 6>them back in the house.

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<v Speaker 4>I'm still here, I know.

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<v Speaker 6>Avalon, thank you so much, thank you for playing the

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<v Speaker 6>game with us.

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<v Speaker 1>We really appreciate it. Avlon Purnuel. She of course keeping

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<v Speaker 1>us up to date on stocks on the move. Check

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<v Speaker 1>out our Stockmovers podcast, five minute episodes, Big Winners, Losers.

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<v Speaker 1>Find it on Apple, Spotify, anywhere you get your podcasts.

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