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The Stock Movers Report, your roundup of companies making moves in the stock market, harnessing the power of Bloomberg Data.
Let's take a look at some of the stocks on the move today. I'm also joined by scarlat Field, were joined by Bloomberg's They need to COVID, they need to what are you looking at? Let's start with Intel. Ticker is i NTC. The stock is down today, a lot of pressure, down one percent. It's coming from a rating change from HSBC. Currently the stock is reduced from Holt.
The company rights that the recent do you related STrenD in the stock is not sustainable and in fact, if you look that September chart, just the stock went parabolic. It's more than ninety percent of the August lows. The company's new partnership with Nvidia was one of the biggest boosts, but of course there have been many deals in Vidia recently investing in the company following US Presidence Donald Trump.
So to accelate the payment of about nine billion of funding, then we have a two billion investment from soft Bank. So this has really boosted sentiment there, but clearly for HSBC that is not enough. They say Intel's own execution remains key to any sustainable turnaround. We actually had a great story on the terminal recently that the cash infusions have done little to fix the core business. It's money losing chip making operations, so perhaps investors still keep an
eye on this. One thing HSBC is saying is that the only deal that matters, that can fundamentally change anything would be one involving technology sharing with TSMC. It's still obviously super strong ear for Intel despite the move today. Absolutely okay, so a downgrade dooming Intel shares at least for today.
There's also a downgrade on fed X.
Yeah, and the reaction is even worse. FedEx is down two percent. The downgrade is coming from JP Morgan. They cut the recommendation to neutral from overlaid. The price tag is still positive. A little bit of game from here. He wrote that the perception of a weekend price discipline among less than truckload carriers justifies lower multiples we've seen
even from FedEx. Their projection is about one billion hits from the trade volatility this year, and clearly that has been one of the biggest companies people are watching when it comes to impact from tariffs, and that so far is really weighing on the company. Most of the reduction to adjusted operating profits steams from lower shipments from China to the US. Obviously that's a highly profitable shipping lane. The transport sector. JP Morgan says faces a bismo market sentiment.
So yeah, some negative sentiment there. Oracle had a really rough day yesterday and today we're seeing a big reversal. Stock is up about two percent now. The ticker is all our cel. Of course, it comes after the Information reported that it's quite called computing business is generating lower revenue than many in Wall Street have been as but the reaction on the street is not negative at all.
Mazu who is saying this is a buying opportunity, A bloomer Intelligence is saying gross profit of less than twenty percent is not that surprising. And Jerry, we're seeing a lot of positive optimism. Oracle shares have jumped around seventy percent this year. Demand for art Fisher intelligence computing has been soaring, and clearly investors don't want to miss on any buying deep opportunity, and we see that on display today.
This stock mover's report from Bloomberg Radio. Check back with us throughout the day for the latest roundup of companies making news on Wall Street and for the latest market moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, Bloomberg dot com, and on Applecarplay and Android Auto with the Bloomberg Business app.