WEBVTT - Microsoft, Amazon, Home Depot and Honeywell Drop

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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>Carol Master Long Tim stand back.

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<v Speaker 1>Let's get you some stocks on the move on this

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<v Speaker 1>Tuesday with us a Bloomberg News process that reported.

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<v Speaker 3>Janiza Sikova got to talk about to the hyperscalers, we're

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<v Speaker 3>talking about Microsoft and Amazon. Yeah, just one day before

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<v Speaker 3>the videos we're earnings. We're seeing Microsoft down two point

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<v Speaker 3>seven percent and Amazon down more than four percent. That

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<v Speaker 3>decrees AMZN. Of course it comes. Part of it was

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<v Speaker 3>a downgrade. We saw the rating cut from by to neutral.

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<v Speaker 3>This is called happening at Redburn, and we saw quite

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<v Speaker 3>the reaction there. We saw a lot of announcements about

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<v Speaker 3>more AI spending later in the day, and Microsoft was

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<v Speaker 3>one of the companies that announced to invest up to

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<v Speaker 3>five billion in Entropic. But we're seeing concerned building up. Obviously,

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<v Speaker 3>NASDAK has been down for some time. Dave raced around

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<v Speaker 3>one point eight threellion of value since mid October, so

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<v Speaker 3>clearly AI spending. There is a lot of worry there.

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<v Speaker 3>What we're seeing here is that the company is saying

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<v Speaker 3>the bookcase regenerative AI is no longer clear and hyperscare

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<v Speaker 3>should be approach with question. It's a pretty harsh warning.

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<v Speaker 3>They say, the industry gen I narrative looks increasingly misplaced.

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<v Speaker 3>It's very rare to place a neutral rating on Microsoft

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<v Speaker 3>and Amazon, and ninety percent is a buy. So definitely

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<v Speaker 3>a cracks in confidence of the big winners of the rally.

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<v Speaker 1>Did you see that Jeff Bezos has started another AI company?

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<v Speaker 1>I did see that raised billions of dollars. It's so

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<v Speaker 1>it's his own money. Yeah, six billion dollar AI startup.

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<v Speaker 3>Yeah. I mean listen the Prometheus. Yeah, it sounds like

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<v Speaker 3>a Jeff basis, it does. I mean that with all

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<v Speaker 3>due respect. Hey, let's get a home deep out because

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<v Speaker 3>they came out with results today. Yeah, talks about six

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<v Speaker 3>percent today. That was the worst day since February twenty

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<v Speaker 3>twenty three. The ticker is HD. They cut therefore your

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<v Speaker 3>earnings guidance, and they're warning that unsteady consumers are hitting

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<v Speaker 3>the pulse button on big ticket home purchases. Of course,

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<v Speaker 3>the housing market has been somewhat frozen, so that has

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<v Speaker 3>been weighing on the company. Add To that, tariffs, a

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<v Speaker 3>lot of the materials are more expensive, a lot of

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<v Speaker 3>confusion supply chain issues, so that has been weighing on

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<v Speaker 3>the stock that's already down eleven percent year Today, the

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<v Speaker 3>retailer said it expects adjusted earning spirituality five percent from

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<v Speaker 3>a year ago. The company said it's profit and comparable

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<v Speaker 3>scales sales came in lower and expecting the last quarter.

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<v Speaker 3>So a lot of pressure for a company that has

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<v Speaker 3>been under macro and other uncertainty already and another earning

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<v Speaker 3>support that they alleviate concerns.

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<v Speaker 1>What's a big ticket item at home? Deep at the

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<v Speaker 1>leaf blower?

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<v Speaker 3>That's that's a big tech, A big ticket that's a

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<v Speaker 3>but you know they're working with like do it yourself

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<v Speaker 3>kind of that's helping. What's a big how you still

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<v Speaker 3>love going?

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<v Speaker 1>I don't know a fridge? Yeah, Well, Low's before market

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<v Speaker 1>on Wednesday, so we'll get an idea of whether or

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<v Speaker 1>not this was a home depot specific specific story or

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<v Speaker 1>if Low's takes ahead too very briefly, Honeywell that's quick.

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<v Speaker 3>Yeah. Shares of automation technology are down more than two

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<v Speaker 3>percent today. It comes of a double downgrade from Bank

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<v Speaker 3>of America from buy to sell a lot of pressure

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<v Speaker 3>their companies down ten percent here today. This is the

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<v Speaker 3>only sale rating, but clearly a lot of pressure from

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<v Speaker 3>a double down grade. Yeah, they don't come often.

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<v Speaker 2>This Stock Movers report from Bloomberg Radio. Check back with

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