Speaker 1: Bloomberg Audio Studios, Podcasts, Radio News.
Speaker 2: The Stock Movers Report, your roundup of companies making moves
Speaker 2: in the stock market, harnessing the power of Bloomberg Data.
Speaker 3: Carol Master Long Tim stand back.
Speaker 1: Let's get you some stocks on the move on this
Speaker 1: Tuesday with us a Bloomberg News process that reported.
Speaker 3: Janiza Sikova got to talk about to the hyperscalers, we're
Speaker 3: talking about Microsoft and Amazon. Yeah, just one day before
Speaker 3: the videos we're earnings. We're seeing Microsoft down two point
Speaker 3: seven percent and Amazon down more than four percent. That
Speaker 3: decrees AMZN. Of course it comes. Part of it was
Speaker 3: a downgrade. We saw the rating cut from by to neutral.
Speaker 3: This is called happening at Redburn, and we saw quite
Speaker 3: the reaction there. We saw a lot of announcements about
Speaker 3: more AI spending later in the day, and Microsoft was
Speaker 3: one of the companies that announced to invest up to
Speaker 3: five billion in Entropic. But we're seeing concerned building up. Obviously,
Speaker 3: NASDAK has been down for some time. Dave raced around
Speaker 3: one point eight threellion of value since mid October, so
Speaker 3: clearly AI spending. There is a lot of worry there.
Speaker 3: What we're seeing here is that the company is saying
Speaker 3: the bookcase regenerative AI is no longer clear and hyperscare
Speaker 3: should be approach with question. It's a pretty harsh warning.
Speaker 3: They say, the industry gen I narrative looks increasingly misplaced.
Speaker 3: It's very rare to place a neutral rating on Microsoft
Speaker 3: and Amazon, and ninety percent is a buy. So definitely
Speaker 3: a cracks in confidence of the big winners of the rally.
Speaker 1: Did you see that Jeff Bezos has started another AI company?
Speaker 1: I did see that raised billions of dollars. It's so
Speaker 1: it's his own money. Yeah, six billion dollar AI startup.
Speaker 3: Yeah. I mean listen the Prometheus. Yeah, it sounds like
Speaker 3: a Jeff basis, it does. I mean that with all
Speaker 3: due respect. Hey, let's get a home deep out because
Speaker 3: they came out with results today. Yeah, talks about six
Speaker 3: percent today. That was the worst day since February twenty
Speaker 3: twenty three. The ticker is HD. They cut therefore your
Speaker 3: earnings guidance, and they're warning that unsteady consumers are hitting
Speaker 3: the pulse button on big ticket home purchases. Of course,
Speaker 3: the housing market has been somewhat frozen, so that has
Speaker 3: been weighing on the company. Add To that, tariffs, a
Speaker 3: lot of the materials are more expensive, a lot of
Speaker 3: confusion supply chain issues, so that has been weighing on
Speaker 3: the stock that's already down eleven percent year Today, the
Speaker 3: retailer said it expects adjusted earning spirituality five percent from
Speaker 3: a year ago. The company said it's profit and comparable
Speaker 3: scales sales came in lower and expecting the last quarter.
Speaker 3: So a lot of pressure for a company that has
Speaker 3: been under macro and other uncertainty already and another earning
Speaker 3: support that they alleviate concerns.
Speaker 1: What's a big ticket item at home? Deep at the
Speaker 1: leaf blower?
Speaker 3: That's that's a big tech, A big ticket that's a
Speaker 3: but you know they're working with like do it yourself
Speaker 3: kind of that's helping. What's a big how you still
Speaker 3: love going?
Speaker 1: I don't know a fridge? Yeah, Well, Low's before market
Speaker 1: on Wednesday, so we'll get an idea of whether or
Speaker 1: not this was a home depot specific specific story or
Speaker 1: if Low's takes ahead too very briefly, Honeywell that's quick.
Speaker 3: Yeah. Shares of automation technology are down more than two
Speaker 3: percent today. It comes of a double downgrade from Bank
Speaker 3: of America from buy to sell a lot of pressure
Speaker 3: their companies down ten percent here today. This is the
Speaker 3: only sale rating, but clearly a lot of pressure from
Speaker 3: a double down grade. Yeah, they don't come often.
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