Bloomberg Audio Studios, podcasts, radio news, The Stock Movers Report, your roundup of companies making moves in the stock market, harnessing the power of Bloomberg data. So let's take a look at some of the stocks on the move today. We can do that with Bloomberg's Norma, Linda norm what are you looking at?
Well, let's kick things off with Advanced micro Devices AMD. We've been talking about this all day. We are seeing shares that are plunging for their worst day since twenty eighteen. The stock is down as much as fifteen percent today, and this is after the company's sales forecast fell short of analysts and investor expectations. This is really underscoring, creating a sign that it's not necessarily making the AI inroads
that much of Wall Street had earlier anticipated. The company reported first quarter sales that will be roughly nine point eight billion dollars plus or minus three hundred million dollars, which was lower than many projections that we did see across the street. So you're really seeing the stock getting hammered down about sixteen percent so far today as we speak. All right, let's stick with the hardware theme and take a look at another company on your radar, so this
one is in the green. We're looking at super microcomputers. Take our SMCI. We're seeing shares that are up about fourteen percent earlier, up as much as eighteen percent for the best day since May for this company. We did see shares gaining, of course, after the company delivered a forecast for sales in the current quarter that did signal strong demand for its gear to run AI data center.
So you're certainly seeing the stock being rewarded today. We're seeing shares up about fifteen percent so far this year, but of course that double digit gains that we are seeing today really adding to the optimism here Scarlett okay, Eli Lily, Elil Lily, taking a look at the healthcare space, Take our l Y. We've also been talking about Novo Nordis. It's competitor, it's peer, that's take our vo. We're seeing shares of el Lily, though, up as much as eleven
percent on the day. That's the biggest jump since April for this company. This is after the company delivered an up upbeat sales forecast for the year. It's that it expects sales to grow as much as twin seven percent this year. We do know that just yesterday we were getting some news that Novo Nordis was saying that it was expecting to see a downturn in sales. They expect sales to fall by as much as thirteen percent this year.
So you're certainly seeing a bit of a divergence of bifurcation between these two named as we're looking at the outlook for this year. So you are seeing that really playing into how shares are trading today.
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