WEBVTT - Closing Bell: eToro Surges, Super Micro Extends Gain, American Eagle Falls

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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>Maybe a positive sign.

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<v Speaker 4>We actually had an IPO that did really well today.

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<v Speaker 3>I know exactly exactly.

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<v Speaker 4>It's like opportunity come to market e toro. This one

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<v Speaker 4>at its highs up almost forty three percent today session

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<v Speaker 4>its first day of trading as a public entity, closing

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<v Speaker 4>with just shy of a twenty nine percent gain. We

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<v Speaker 4>should put out the trading and investment platform and some

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<v Speaker 4>of its backers raising nearly six hundred twenty million dollars.

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<v Speaker 3>It was an.

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<v Speaker 4>Upsized IPO, so that was also another positive sign.

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<v Speaker 3>I'm going to move on to super Micro because.

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<v Speaker 4>This one, it is your biggest gainer in the S

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<v Speaker 4>and P five hundred, and it was also active in

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<v Speaker 4>the Nasdaq one hundred, a gain of about almost sixteen percent.

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<v Speaker 4>Here this after after Saudi Arabia based data center company

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<v Speaker 4>data Volt signs a multi year partnership agreement with the company.

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<v Speaker 4>Stock has rallied like more than forty percent this week.

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<v Speaker 4>It's on track for its best week since November. So

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<v Speaker 4>a lot of attention on that one, and so yeah,

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<v Speaker 4>popping to the pside another name that plays certainly into

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<v Speaker 4>the tech space.

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<v Speaker 3>We're talking about AMD.

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<v Speaker 4>This is your second biggest gainer in the Nasdaq one hundred,

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<v Speaker 4>and it is your second biggest gainer I believe, no,

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<v Speaker 4>fourth biggest gainer in the S.

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<v Speaker 3>And P five hundred.

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<v Speaker 4>So again a now performer, up about four point seven

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<v Speaker 4>percent today, the company's board approving a six billion dollars

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<v Speaker 4>share buyback plan, about three point three percent of the

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<v Speaker 4>company's current market value according to our Bloomberg data, So

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<v Speaker 4>that was a big deal. I also want to point

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<v Speaker 4>out BAA saying and Vidia and AMD a big opportunity

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<v Speaker 4>related to AI infrastructure projects with Saudi Arabia, all that

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<v Speaker 4>news out of the Middle East, a lot of it

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<v Speaker 4>has had to do with chips and AI developments.

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<v Speaker 3>And one more I just want to mention.

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<v Speaker 4>Because Alphabet it was also a top gainer in the

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<v Speaker 4>S and P and Nasdaq. It was up about three

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<v Speaker 4>point seven percent in today's session. In terms of news,

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<v Speaker 4>Benzinga highlighting Davidson, analyst who said in an interview with

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<v Speaker 4>Yahoo Finance, there's a whiteboard on that one proposing that

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<v Speaker 4>Alphabet should contemplate splitting up Google's various businesses to enhance

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<v Speaker 4>its overall value, and said that the value could skyrocket

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<v Speaker 4>to three over three trillion dollars with a Google Big

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<v Speaker 4>Band breakup over isolated spin offs. So, I don't know,

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<v Speaker 4>just some interesting speculation there.

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<v Speaker 1>You had an easy job at the Gainers today. I

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<v Speaker 1>had to search far and wide to find a few stocks.

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<v Speaker 1>What'd you say, Scarlett, I scrounched them up.

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<v Speaker 3>I did.

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<v Speaker 1>I scrounched them up. You have to explain a few

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<v Speaker 1>of them. I want to start with Lockheed Martin shares

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<v Speaker 1>felling after the company's management set and an industry conference

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<v Speaker 1>earlier today that they see some quote additional cost pressure

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<v Speaker 1>on their classified aeronautics program. That's all we know because

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<v Speaker 1>it's classified. It's down about two point three percent on

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<v Speaker 1>the day today. American Eagle Outfitters also falling today. We're

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<v Speaker 1>getting more retail stocks this week, and we'll hear from

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<v Speaker 1>Walmart tomorrow. Before that, though, American Eagle Outfitters falling after

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<v Speaker 1>the company pulled its guidance for the full year due

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<v Speaker 1>to a disappointing first quarter with a three percent decline

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<v Speaker 1>in comp sales, a five percent decline in revenue from

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<v Speaker 1>a year earlier. They're also registering a seventy five million

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<v Speaker 1>dollars charge related to a write down of spring and

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<v Speaker 1>summer merchandise. They withdrew their outlook due to macro uncertainty,

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<v Speaker 1>which I didn't call that tariff specifically with that withdrawing

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<v Speaker 1>of the outlook, but I guess you could throw a

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<v Speaker 1>word for yes. Right, that's what we talked about a

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<v Speaker 1>little earlier too. Yeah, it kind of means all the

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<v Speaker 1>same thing. And finally, KinderCare ticker KLCUS down eight and

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<v Speaker 1>a half percent today. It's an Oregon based early childhood

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<v Speaker 1>education and childcare services company. They shares fell as much

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<v Speaker 1>as fifteen percent in the session, ended off its lows.

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<v Speaker 1>The company reported first quarter revenue that missed estimates. Operating income,

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<v Speaker 1>though did beat analyst estimates, and the company maintained its

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<v Speaker 1>full year twenty twenty five guidance. Analysts flagged to delay

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<v Speaker 1>in new customer enrollments as the main driver for the

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<v Speaker 1>revenue miss.

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<v Speaker 5>All right, guys, I want to go to the bond market,

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<v Speaker 5>because if you're bored by the equity market, just go

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<v Speaker 5>ahead and look at the bond market, because that actually

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<v Speaker 5>fun things did stuff there. You had the front end

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<v Speaker 5>bond market up by about five basis points, that back

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<v Speaker 5>end up as well about six basis points. So the

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<v Speaker 5>whole curve hasn't gotten any steeper, but the whole curve

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<v Speaker 5>is rerating a bit higher. I kept hearing how four

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<v Speaker 5>was going to be that top on the two year,

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<v Speaker 5>but we're above that now, both of them, for the

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<v Speaker 5>two and the ten, they're at the highest level since

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<v Speaker 5>the end of February. And is that a reaction to

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<v Speaker 5>the to the GOP tax bill in Washington or is

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<v Speaker 5>that just some sort of rebalancing, or is that position

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<v Speaker 5>resizing as we continue to get this data coming through.

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<v Speaker 4>All right, guys, let's get to some earnings crossing. We're

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<v Speaker 4>talking about Cisco. Let's go right to the red sticky

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<v Speaker 4>because it's about the outlook. So the company sees fiscally

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<v Speaker 4>your revenue fifty six point five to fifty six point

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<v Speaker 4>seven billion dollars. It had seen fifty six to fifty

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<v Speaker 4>six point five, so a little bit of a movement

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<v Speaker 4>to the upside. The stock is moving just a little

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<v Speaker 4>bit higher as well, up a two tenths of a percent.

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<v Speaker 4>The company also seeing fiscal year adjusted EPs a three

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<v Speaker 4>dollars seventy seven cents to three dollars seventy nine cents

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<v Speaker 4>a share it had seen three sixty eight to three

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<v Speaker 4>seventy four. So again a bump to the upside, and

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<v Speaker 4>again the stock moving just a little bit higher, up

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<v Speaker 4>about eight tens ofven percent here in the aftermarket.

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<v Speaker 1>Okay, I'm watching core Weave, which in the after hours

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<v Speaker 1>is moving higher. This is relatively new company to go public.

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<v Speaker 1>It operates in the data and AI data management space.

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<v Speaker 1>Core Weaves first quarter revenue coming in at nine hundred

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<v Speaker 1>and eighty one point six million dollars, first quarter adjusted

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<v Speaker 1>EBADEC coming in at six hundred and six point one

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<v Speaker 1>million dollars, first quarter adjusted ebite margin of sixty two percent,

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<v Speaker 1>first quarter lost per share of one dollar and forty

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<v Speaker 1>nine cents. The company did hit a record high ahead

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<v Speaker 1>of that first earnings report. Shares in the after hours

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<v Speaker 1>right now hire by about three percent.

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<v Speaker 6>Yeah, but it's really going to depend on what kind

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<v Speaker 6>of commentary they give in their outlook, because people are

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<v Speaker 6>really looking at Core Weave as perhaps a barometer for

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<v Speaker 6>and willingness of companies to spend on building out those

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<v Speaker 6>data centers. So it's going to be the big read

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<v Speaker 6>on AI spending until we get to Nvidia in a

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<v Speaker 6>couple of weeks.

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<v Speaker 2>The Stockmover's Report from Bloomberg Radio. Check back with us

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