1 00:00:02,520 --> 00:00:07,000 Speaker 1: Bloomberg Audio Studios, podcasts, radio news. 2 00:00:09,880 --> 00:00:13,320 Speaker 2: This is the closing bell on the stock mover's report 3 00:00:13,560 --> 00:00:16,520 Speaker 2: the company's making moves at the close of US trading 4 00:00:16,760 --> 00:00:21,600 Speaker 2: with Carol Masser, Tim Stenovak, Romain, Bostik and Scarlet. 5 00:00:21,079 --> 00:00:24,599 Speaker 3: Food, so s and p five hundred folks, most names 6 00:00:24,640 --> 00:00:26,920 Speaker 3: in the index lower today, three hundred and sixteen, Katie 7 00:00:27,120 --> 00:00:29,760 Speaker 3: to the downside, one hundred and eighty five to the upside, 8 00:00:29,760 --> 00:00:31,000 Speaker 3: and three unchanged. 9 00:00:31,120 --> 00:00:33,040 Speaker 4: Similar story. When you take a look at the sectors 10 00:00:33,080 --> 00:00:36,400 Speaker 4: in terms of the breath performance, you did finish in 11 00:00:36,440 --> 00:00:39,559 Speaker 4: the green, but you only had four sectors actually rising 12 00:00:39,640 --> 00:00:42,920 Speaker 4: on this Monday, the first trading day of November. Consumer discretionary, 13 00:00:42,920 --> 00:00:45,400 Speaker 4: that's just another word for tech. With Amazon having a 14 00:00:45,440 --> 00:00:48,519 Speaker 4: heavyweight there, you did see tech perform as well, so 15 00:00:48,680 --> 00:00:52,360 Speaker 4: too did healthcare and utilities. What didn't do to hot today, materials, 16 00:00:52,400 --> 00:00:55,480 Speaker 4: consumer stables, and financials some of your biggest losers on 17 00:00:55,560 --> 00:00:56,840 Speaker 4: the sector level, Carol. 18 00:00:56,640 --> 00:00:58,560 Speaker 3: All right, let's get to some of the individual gainers. 19 00:00:58,560 --> 00:01:01,760 Speaker 3: Got to mention Amazon up four percent by the clothes 20 00:01:01,760 --> 00:01:05,000 Speaker 3: for a two day gain of just about fifteen fourteen 21 00:01:05,040 --> 00:01:08,600 Speaker 3: fifteen percent. Analysts raising price targets for Amazon since The 22 00:01:08,600 --> 00:01:13,800 Speaker 3: company reported earnings last week forty five, raising price targets 23 00:01:13,800 --> 00:01:17,480 Speaker 3: by an average of eleven percent, no cutting their price targets. 24 00:01:17,520 --> 00:01:19,520 Speaker 3: And then of course you had their cloud unit doing 25 00:01:19,520 --> 00:01:22,319 Speaker 3: a mega deal thirty eight billion dollar deal to supply 26 00:01:22,360 --> 00:01:25,520 Speaker 3: a slice of open Aiyes, bottomless demand for computing power, 27 00:01:26,200 --> 00:01:29,759 Speaker 3: and we did see the stock definitely jumping on that news. 28 00:01:29,800 --> 00:01:32,000 Speaker 3: So we continue to see that hey kind of booking. 29 00:01:32,040 --> 00:01:33,479 Speaker 1: Exactly are all these servers doing? 30 00:01:33,600 --> 00:01:35,560 Speaker 3: By the way, you know, we just talked to man 31 00:01:35,560 --> 00:01:38,080 Speaker 3: deep singing and I'm like, are there servers sitting empty, 32 00:01:38,160 --> 00:01:40,959 Speaker 3: just waiting? And he's like, no, You know, the build 33 00:01:41,000 --> 00:01:44,679 Speaker 3: out continues. You see supply constraints. We saw that with 34 00:01:44,720 --> 00:01:47,040 Speaker 3: some of the hyperscalers last week that they just can't 35 00:01:47,080 --> 00:01:49,240 Speaker 3: meet demand, and yet you're seeing some strong numbers. We 36 00:01:49,280 --> 00:01:54,560 Speaker 3: certainly saw that with Alphabet, So I don't know the 37 00:01:54,720 --> 00:01:57,040 Speaker 3: ROI and the demand is still there, so I don't know. 38 00:01:57,800 --> 00:02:03,200 Speaker 3: We're trying to figure that out too. Related matter cipher mining, 39 00:02:03,240 --> 00:02:06,800 Speaker 3: I want to bring up. They also finished with quite 40 00:02:06,840 --> 00:02:08,760 Speaker 3: a rally, up as much as thirty four percent in 41 00:02:08,760 --> 00:02:11,919 Speaker 3: today's session, finishing with a game of about twenty two percent. 42 00:02:12,840 --> 00:02:15,560 Speaker 3: This company Sunday five and a half billion dollar fifteen 43 00:02:15,600 --> 00:02:19,600 Speaker 3: year lease agreement with Amazon to provide turnkey space and 44 00:02:19,639 --> 00:02:22,840 Speaker 3: power for AI workloads. So again that AI build and 45 00:02:22,880 --> 00:02:25,360 Speaker 3: spend as you mentioned, remain continuing. And then I got 46 00:02:25,400 --> 00:02:27,640 Speaker 3: to mention ken View up about twelve percent. This has 47 00:02:27,720 --> 00:02:31,520 Speaker 3: Kimberly Clark agreed to buy the company for roughly forty billion. 48 00:02:32,440 --> 00:02:34,680 Speaker 3: A lot of questions about that one in terms of 49 00:02:34,680 --> 00:02:37,079 Speaker 3: the tailenal exposure. We'll have to see how that one 50 00:02:37,080 --> 00:02:40,840 Speaker 3: plays out, but nonetheless some outperformance. 51 00:02:40,200 --> 00:02:42,400 Speaker 5: There, Jim really Clark investors have a lot of questions 52 00:02:42,480 --> 00:02:44,200 Speaker 5: about this deal. That's where I want to start with 53 00:02:44,240 --> 00:02:47,679 Speaker 5: today's decliners. Look at this, Kimberly Clark down fourteen point 54 00:02:47,800 --> 00:02:51,400 Speaker 5: six percent. This is the worst single day going back 55 00:02:51,440 --> 00:02:53,760 Speaker 5: to October of nineteen eighty seven. Do you guys remember 56 00:02:53,760 --> 00:02:56,240 Speaker 5: what happened in October of nineteen eighty seven? 57 00:02:56,400 --> 00:02:58,560 Speaker 4: I do, actually, but I don't want to spoil it 58 00:02:58,560 --> 00:02:58,720 Speaker 4: for you. 59 00:02:58,880 --> 00:03:01,239 Speaker 5: Black Monday, this is the worst day going back to 60 00:03:01,240 --> 00:03:06,000 Speaker 5: October nineteenth, nineteen eighty seven. Kimberly Clark Shales share slumping. 61 00:03:06,520 --> 00:03:08,760 Speaker 5: The company agreeed by ken View and cash and stock 62 00:03:08,800 --> 00:03:11,960 Speaker 5: deal and enterprise value of forty eight point seven billion 63 00:03:12,000 --> 00:03:13,520 Speaker 5: dollars on that. What's that? 64 00:03:14,480 --> 00:03:16,480 Speaker 1: Yeah, before I was born. 65 00:03:16,360 --> 00:03:20,120 Speaker 5: You're still stuck. We were Romaine, we were born. Katie 66 00:03:20,160 --> 00:03:21,079 Speaker 5: was not God. 67 00:03:21,440 --> 00:03:22,840 Speaker 1: Yeah, he's pulling your leg. 68 00:03:23,200 --> 00:03:26,800 Speaker 5: Okay, all right, anyway, let's keep going. We got some 69 00:03:26,840 --> 00:03:31,320 Speaker 5: more decliners exiling. I feel like we spent a lot 70 00:03:31,360 --> 00:03:33,640 Speaker 5: of time on this deal already. Okay, so you know, 71 00:03:33,440 --> 00:03:35,680 Speaker 5: we know what, we know what's going on. Charter Communications 72 00:03:35,680 --> 00:03:38,800 Speaker 5: shares also falling toay five percent lower. Key Bank Capital 73 00:03:38,840 --> 00:03:42,120 Speaker 5: Markets downgraded the cable company to sector weight from overweight, 74 00:03:42,520 --> 00:03:45,120 Speaker 5: and then nine analysts since the company came out with 75 00:03:45,120 --> 00:03:48,160 Speaker 5: earnings on Friday have cut price targets by an average 76 00:03:48,160 --> 00:03:50,880 Speaker 5: of seventeen percent. No analysts raise their price targets. Shares 77 00:03:50,920 --> 00:03:54,119 Speaker 5: taken a hit by five percent today and rare earth 78 00:03:54,160 --> 00:03:58,320 Speaker 5: stocks also in the red today, focusing specifically on MP Materials, 79 00:03:58,320 --> 00:04:00,680 Speaker 5: falling eight point six percent. The light House announced that 80 00:04:00,760 --> 00:04:04,800 Speaker 5: China will effectively suspend implementation of additional export controls on 81 00:04:04,960 --> 00:04:07,680 Speaker 5: rare earth metals. Still, MP Materials up twohn eighty percent 82 00:04:07,800 --> 00:04:08,480 Speaker 5: so far this year. 83 00:04:08,600 --> 00:04:11,040 Speaker 1: Pallenteer earnings crossing the wire right now. The stock hit 84 00:04:11,080 --> 00:04:13,080 Speaker 1: a record high end the cash session looks like it's 85 00:04:13,160 --> 00:04:16,080 Speaker 1: higher here in the after hours trade. Adjusted EPs in 86 00:04:16,120 --> 00:04:18,400 Speaker 1: the most recent quarter a big beat, twenty one cents 87 00:04:18,400 --> 00:04:21,120 Speaker 1: a share the street was looking for seventeen cents, revenue 88 00:04:21,120 --> 00:04:23,479 Speaker 1: coming in at about one point two billion dollars the 89 00:04:23,520 --> 00:04:26,120 Speaker 1: street looking for one point one. Here's your guidance. The 90 00:04:26,120 --> 00:04:28,560 Speaker 1: company says that for its fourth quarter, it sees revenue 91 00:04:28,600 --> 00:04:31,800 Speaker 1: in basically at one hundred one point three three billion dollars. 92 00:04:31,800 --> 00:04:35,080 Speaker 1: The street was looking for one point two billion dollars. 93 00:04:35,160 --> 00:04:37,920 Speaker 1: The company also says that it expects for the full 94 00:04:38,000 --> 00:04:40,400 Speaker 1: year to close out the full year here with operating 95 00:04:40,440 --> 00:04:42,560 Speaker 1: profit of two point one five to two point one 96 00:04:42,640 --> 00:04:46,400 Speaker 1: six billion. Also Wellablove Street estimates that average was at 97 00:04:46,400 --> 00:04:48,840 Speaker 1: about one point nine to three billion, So looks like 98 00:04:48,880 --> 00:04:51,280 Speaker 1: a beaten raised quarter here for of course, one of 99 00:04:51,320 --> 00:04:52,880 Speaker 1: the biggest darlings in the market right now. 100 00:04:53,000 --> 00:04:55,640 Speaker 4: Yeah. Absolutely, and it seems like the raise is particularly 101 00:04:55,680 --> 00:04:58,719 Speaker 4: what's exciting the shares after hours, as you said, boosting 102 00:04:58,720 --> 00:05:01,080 Speaker 4: their full year revenue four cast. You can see shares 103 00:05:01,160 --> 00:05:04,080 Speaker 4: up by about four and a half percent after hours ten, 104 00:05:04,160 --> 00:05:06,839 Speaker 4: which is pretty amazing when you consider that this company 105 00:05:06,920 --> 00:05:09,520 Speaker 4: was up more than one hundred and seventy percent through 106 00:05:09,560 --> 00:05:13,400 Speaker 4: today's close through twenty twenty five, So the expectations were high. 107 00:05:13,400 --> 00:05:15,599 Speaker 4: But the first blush read here is that this is 108 00:05:15,800 --> 00:05:16,560 Speaker 4: more good news. 109 00:05:16,680 --> 00:05:20,040 Speaker 5: Alex Carr talking about the good news. He's the co 110 00:05:20,080 --> 00:05:22,320 Speaker 5: founder and CEO of Polunteer. He says, you're over year 111 00:05:22,360 --> 00:05:24,880 Speaker 5: growth in our US business search to seventy seven percent. 112 00:05:25,200 --> 00:05:27,560 Speaker 5: Year over year growth in US commercial climbed to one 113 00:05:27,640 --> 00:05:30,440 Speaker 5: hundred and twenty one percent. We are yet again announcing 114 00:05:30,480 --> 00:05:34,320 Speaker 5: the highest sequential quarterly revenue growth guide in our company's history, 115 00:05:34,760 --> 00:05:38,120 Speaker 5: representing sixty one percent year over year growth. Shares up 116 00:05:38,120 --> 00:05:39,840 Speaker 5: another two percent in the after hours. 117 00:05:39,960 --> 00:05:42,560 Speaker 1: Quiz Pollenteer is not the best performing stock in the 118 00:05:42,600 --> 00:05:44,280 Speaker 1: S and P five hundred, despite the fact that it's 119 00:05:44,320 --> 00:05:45,680 Speaker 1: up one hundred and seventy something percent. 120 00:05:45,800 --> 00:05:47,080 Speaker 3: What is okay? 121 00:05:47,120 --> 00:05:49,560 Speaker 1: Well, that was the quiz for you carebl I guess 122 00:05:49,560 --> 00:05:52,200 Speaker 1: you're not good at quizz. It's Robinhood, which is up about. 123 00:05:52,000 --> 00:05:52,760 Speaker 2: Three hundred percent. 124 00:05:52,839 --> 00:05:56,159 Speaker 3: You're toa so tough hey, Listen, Palenteer was looking. The 125 00:05:56,200 --> 00:05:59,880 Speaker 3: expectations were for revenue grow revenue growth of about fifty percent, 126 00:06:00,000 --> 00:06:02,719 Speaker 3: so we actually saw revenue increase sixty three percent to 127 00:06:02,760 --> 00:06:06,200 Speaker 3: that one point eighteen billion in the period ended in September, 128 00:06:07,120 --> 00:06:10,000 Speaker 3: so that was some outperformance. I'm just looking at Lazette 129 00:06:10,040 --> 00:06:13,320 Speaker 3: Chapman writing through so raising its annual revenue outlook to 130 00:06:13,360 --> 00:06:16,520 Speaker 3: four point four billion and outpaced analyst estimates for third 131 00:06:16,600 --> 00:06:20,000 Speaker 3: quarter sales, siting accelerating in other worldly growth for its 132 00:06:20,040 --> 00:06:23,800 Speaker 3: AI and data analytics products. So again that AI trade 133 00:06:24,040 --> 00:06:26,720 Speaker 3: alive and kicking for a stock, as you mentioned, remain 134 00:06:26,760 --> 00:06:28,599 Speaker 3: at one hundred and seventy three percent year today. 135 00:06:28,720 --> 00:06:31,279 Speaker 4: We'll continue to follow Palanto. Let's quickly though, talk about 136 00:06:31,360 --> 00:06:35,080 Speaker 4: Hymns and Hers Health reporting earnings. Their third quarter revenue 137 00:06:35,120 --> 00:06:37,760 Speaker 4: beat estimates as well. You take a look at the 138 00:06:37,800 --> 00:06:41,040 Speaker 4: look ahead. They see fourth quarter justin evatah between fifty 139 00:06:41,080 --> 00:06:44,000 Speaker 4: five million dollars to sixty five million dollars. The estimate 140 00:06:44,040 --> 00:06:46,960 Speaker 4: had been for seventy four million dollars, so a bit 141 00:06:47,000 --> 00:06:50,640 Speaker 4: disappointing relative to expectations. When it comes to the look ahead. 142 00:06:50,839 --> 00:06:53,640 Speaker 4: HIMS and HER's Health one of your big outperformers this year, 143 00:06:53,880 --> 00:06:55,560 Speaker 4: more than eighty percent. You take a look at the 144 00:06:55,600 --> 00:06:58,400 Speaker 4: after hours trade though for Hyms and Hers Health, a 145 00:06:58,440 --> 00:07:01,080 Speaker 4: bit of a spike lower, but traders deciding what. 146 00:07:01,120 --> 00:07:03,120 Speaker 3: To do, all right, Yeah, and this is a stock 147 00:07:03,160 --> 00:07:05,840 Speaker 3: that certainly has bounced a bunch a pallunteer just quick 148 00:07:05,920 --> 00:07:09,000 Speaker 3: check guys, up about three percent here in the aftermarket. 149 00:07:10,000 --> 00:07:14,040 Speaker 2: The Stock Movers Report from Bloomberg Radio. 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