Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The.
Speaker 2: Stock Movers podcast, your roundup of companies making moves in
Speaker 2: the stock market, harnessing the power of Bloomberg data.
Speaker 3: What we need to do now is look at the
Speaker 3: stock movers maybe in videos in there, who knows, maybe
Speaker 3: United maybe Jeff Blue.
Speaker 1: Let's take it took.
Speaker 3: Let's take a look rather at the stocks on the
Speaker 3: move today with us Lisa Matteo.
Speaker 4: Yeah, right, and we'll start with in video. Those shares
Speaker 4: have been up as much as six percent before the open.
Speaker 4: There were a lot of concerns about a Chinese slowdown
Speaker 4: that was pretty much squashed. They had a solid sales forecast.
Speaker 4: It was this fight though an estimated eight billion dollar
Speaker 4: loss of revenue in China because of restrictions. Then you
Speaker 4: had CEO Jensen Wong kind of setting the tone. He said,
Speaker 4: AI computing market is still set for exponential growth. So
Speaker 4: the specifics it expects revenue about forty five billion dollars
Speaker 4: in the second fiscal quarter. Now, aside from that, we
Speaker 4: also have salesforce. Their shares actually losing momentum, so this
Speaker 4: is kind of a back turn. They were higher before
Speaker 4: the bell, they're shifting lower. So the good news is
Speaker 4: that it raises Annuel forecast, a good sign for AI
Speaker 4: agent product, that product they have. What's causing the shift
Speaker 4: lower is that it was a downgraded RBC capital market.
Speaker 4: So that was the reason why they say they have
Speaker 4: a problem with that acquisition of Informatica that was for
Speaker 4: about eight billion dollars.
Speaker 1: I like, how you put this together?
Speaker 3: But Paul, with the conversations we've had incleading Dani's and
Speaker 3: I even finds that it was a fire. Basically, AI
Speaker 3: goes it present from Nvidia to where it benefits salesforce
Speaker 3: down the road.
Speaker 1: Right down the road.
Speaker 2: That's a fair suck, I think it is, you know,
Speaker 2: but they're pretty good numbers out of salesforce.
Speaker 4: I thought, I don't know what else this is not
Speaker 4: doing so well. That would be HP. So their shares
Speaker 4: have been down as much as one person.
Speaker 1: Could you do anything besides technology?
Speaker 4: I will, we will get to it. So their profit
Speaker 4: AULO fell short cut. It's annual earnings for US right
Speaker 4: weaker economy tariffs, that's what they're pointing to reduce its
Speaker 4: Daniel adjusted profit outlook. But it's a big maker of
Speaker 4: computers and printers and CEO said, demand for computers. Well,
Speaker 4: you know what, that's just being hot hurt because of
Speaker 4: the weaker economy and those industry wide price increases. So
Speaker 4: that's their problem. And since we don't want to talk
Speaker 4: tech anymore, well, Coals okay, it shares a bit up
Speaker 4: five percent. This company has really been suffering competition, posted
Speaker 4: revenue declines for three years. But it got some good
Speaker 4: news better than expected comparable sales, affirmed its full yer outlook.
Speaker 4: It's using a new strategy and its stores. It also
Speaker 4: has some internal changes. Remember they ousted their CEO who
Speaker 4: was there for just a few months. Now, it's listen,
Speaker 4: I cut you off.
Speaker 1: This is Coals of the Midwest.
Speaker 2: Coons departments, Nomine faults.
Speaker 1: I didn't know that's outside of Milwaukee, home of your
Speaker 1: strong funds. You'll know that we're not allowed to talk
Speaker 1: about the Milwaukee groups. Yes, swept the red socks. So
Speaker 1: Cole's what up?
Speaker 4: Yes, it is because they're seeing better times now. If
Speaker 4: they're making these new strategies, they're expanding petite sizes, they're
Speaker 4: changing their stores, and they have a lot of internal changes.
Speaker 1: My shopping when I see Pete oh Way.
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