1 00:00:02,520 --> 00:00:09,960 Speaker 1: Bloomberg Audio Studios, podcasts, radio news. The Stock Movers Report, 2 00:00:10,280 --> 00:00:13,440 Speaker 1: your roundup of companies making moves in the stock market, 3 00:00:13,680 --> 00:00:17,760 Speaker 1: harnessing the power of Bloomberg Data. I'm Kim Stanebeck along 4 00:00:17,800 --> 00:00:19,759 Speaker 1: with Molly Smith. Let's take a look at some stocks 5 00:00:19,760 --> 00:00:22,840 Speaker 1: on the move today. We're joined by Bloomberg's Natalia Kenny 6 00:00:22,920 --> 00:00:25,840 Speaker 1: j Vich. Natalia, what is on your radar today? 7 00:00:26,400 --> 00:00:28,640 Speaker 2: Yeah, so let's talk about stocks. I'm looking first of 8 00:00:28,680 --> 00:00:32,440 Speaker 2: all at Dell the tickers D E, l L. I'm 9 00:00:32,479 --> 00:00:35,839 Speaker 2: looking at post market share moves. Of course, stock is 10 00:00:35,880 --> 00:00:39,519 Speaker 2: done by four point three percent. The company booked fewer 11 00:00:39,640 --> 00:00:44,320 Speaker 2: sales of artificial intelligence servers, and of course profit margins 12 00:00:44,360 --> 00:00:48,919 Speaker 2: also fell short of expectations. Meanwhile, the company also boosted 13 00:00:48,960 --> 00:00:52,920 Speaker 2: its annual outlook. It was interesting to look at revenue breakdown. 14 00:00:52,960 --> 00:00:56,080 Speaker 2: So on the one hand, we see that infrastructure group 15 00:00:56,680 --> 00:00:59,760 Speaker 2: and revenue from that group rose by forty four percent, 16 00:01:00,080 --> 00:01:05,039 Speaker 2: but sales that include corporate and consumer personal computers increased 17 00:01:05,319 --> 00:01:09,000 Speaker 2: just one percent. And it's interesting to compare that HP 18 00:01:09,200 --> 00:01:13,240 Speaker 2: reported a little bit better results on PC sales. I'm 19 00:01:13,240 --> 00:01:18,200 Speaker 2: definitely not following Petco ticker work. Tell us what's going 20 00:01:18,240 --> 00:01:21,200 Speaker 2: on with pad code today. Yeah, so shares again, I'm 21 00:01:21,200 --> 00:01:26,000 Speaker 2: looking at post market stock moves are up by twenty percent, 22 00:01:26,319 --> 00:01:29,039 Speaker 2: so it looks like, yes, people are not buying personal computers, 23 00:01:29,040 --> 00:01:32,520 Speaker 2: but they're buying stuff for their pets. So we see 24 00:01:32,560 --> 00:01:36,800 Speaker 2: that forecast for adjusted IBIDA is about between ninety two 25 00:01:36,800 --> 00:01:41,840 Speaker 2: and ninety four million. It's way above expectations, and second 26 00:01:41,920 --> 00:01:45,800 Speaker 2: quarter results also beat in terms of net sales net income. 27 00:01:46,560 --> 00:01:49,600 Speaker 2: We also know that during the previous Quotter results, the 28 00:01:49,600 --> 00:01:52,800 Speaker 2: company announced plans that it's going to close some of 29 00:01:52,840 --> 00:01:57,000 Speaker 2: the unprofitable stores and it also helps to boost its margins. 30 00:01:57,000 --> 00:01:59,520 Speaker 2: So definitely really really strong Earnix results. 31 00:02:01,200 --> 00:02:03,400 Speaker 1: Okay, finally Best Buy, what's going on? 32 00:02:03,960 --> 00:02:08,000 Speaker 2: Yeah, so with best Buy, the ticker is b Why here, 33 00:02:08,080 --> 00:02:11,480 Speaker 2: I'm looking at the prices at the close. The stock 34 00:02:11,880 --> 00:02:16,280 Speaker 2: finished the day down three point seven percent, and it 35 00:02:16,400 --> 00:02:19,120 Speaker 2: was pretty steep declined during the day. We see that 36 00:02:19,200 --> 00:02:23,880 Speaker 2: Consumer Electronics Retailer reported second quarter results a little bit 37 00:02:24,040 --> 00:02:27,480 Speaker 2: worse than expected. It also kept its twenty twenty six 38 00:02:27,600 --> 00:02:30,880 Speaker 2: forecast unchanged. Of course, the company said that on the 39 00:02:30,919 --> 00:02:33,640 Speaker 2: one hand, they see some kind of strong momentum, but 40 00:02:33,680 --> 00:02:36,359 Speaker 2: there is still a lot of uncertainty of course, driven 41 00:02:36,400 --> 00:02:41,040 Speaker 2: by tariffs, and they see continued gross profit pressures in 42 00:02:41,080 --> 00:02:44,359 Speaker 2: the back half of the seer end. Of course, they 43 00:02:44,400 --> 00:02:47,280 Speaker 2: also see that consumers are getting much more cautious and 44 00:02:47,320 --> 00:02:52,440 Speaker 2: they are not buying as many big ticket items as 45 00:02:52,440 --> 00:02:55,880 Speaker 2: they used to do, maybe before this tariff turmoil. 46 00:02:59,120 --> 00:03:03,120 Speaker 1: This stock mover report from Bloomberg Radio. Check back with 47 00:03:03,200 --> 00:03:05,760 Speaker 1: us throughout the day for the latest roundup of companies 48 00:03:05,840 --> 00:03:08,960 Speaker 1: making news on Wall Street and for the latest market 49 00:03:09,000 --> 00:03:13,440 Speaker 1: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 50 00:03:13,560 --> 00:03:17,040 Speaker 1: Bloomberg dot com, and on Applecarplay and Android Auto with 51 00:03:17,120 --> 00:03:18,600 Speaker 1: the Bloomberg Business app.