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.
Let's take a look at some of the stocks on the move today. I'm Pop Sweeny alongside Scarlett Food. Weren't joined by Bloomberg's Christine. Christine, what are you looking at? Well, Paul, Let's take a look at Nvidia this morning, green and the screen. As you say, those shares among that and tick her. NVDA shares up more than three point six
percent at the moment. It was actually in the news today because Treasury Secretary Scott Bessen was on Fox Business earlier this morning and he was asked whether there were ever discussions of the US government taking a stake in Nvidia, and he said that he was not part of any such talks. He did say in Nvidia is the most valuable company in the world with quote incredible management. So seems like a little bit of the increase in stocks this morning maybe a little bit speculative, but there go,
it's still enjoying some of those games. It also did get a price target race at Mizuho from two hundred twenty five or to two hundred twenty five from two hundred and five previously, So that implies a twenty three percent increase from its last price. And let's stay with the chip maker theme, but move on to one that's kind of missed out on the AI boom, and that's an Intel. Yeah, absolutely, it's carlss So Intel shares ticker INTC. Those aren't doing too badly. Actually they're a two point
three percent at the moment. But Bank of America analysts are sounding the warning. They downgraded U stock to outperform from neutral, saying that it has gone quote too far, too fast, and that the company has really yet to lay out a discernible AI strategy. According to the strategists, they as to say that they fundamentally disagree strong words there with the valuation of the company relying on the sum of parts applied to Intel's product and foundry arms.
They think that it really should be related to the company as a whole rather than some of it parts. And they're also looking at a price target of thirty four dollars from thirty six thirty seven clothes on Friday, So that implies a six and a half percent draw.
Uh one more here, I'm guessing it's tech as well.
Tech as well. Let's round it up with AMD tick her am D and those shares also in the green up more than three point three percent at the moment, and so it did get a couple of positive analyst actions. It was raised to outperform from neutral at Kji Securities, pressing the target at two hundred and sixty, which implies
a twenty one percent increase from the last prize. It was also raised in terms of price target at Mizuho, now looking at two hundred seventy five from two five, and that is a twenty eight percent increase from its last prize. And you know, AMD is still riding it high from the last week's deal with open Ai.
The 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.