WEBVTT - Nvidia Beats Earnings; Salesforce Pullback; HP Guidance

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<v Speaker 1>Bloomberg Audio Studios, podcasts, radio news, The.

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<v Speaker 2>Stock Movers podcast, your roundup of companies making moves in

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<v Speaker 2>the stock market, harnessing the power of Bloomberg data.

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<v Speaker 3>What we need to do now is look at the

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<v Speaker 3>stock movers maybe in videos in there, who knows, maybe

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<v Speaker 3>United maybe Jeff Blue.

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<v Speaker 1>Let's take it took.

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<v Speaker 3>Let's take a look rather at the stocks on the

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<v Speaker 3>move today with us Lisa Matteo.

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<v Speaker 4>Yeah, right, and we'll start with in video. Those shares

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<v Speaker 4>have been up as much as six percent before the open.

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<v Speaker 4>There were a lot of concerns about a Chinese slowdown

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<v Speaker 4>that was pretty much squashed. They had a solid sales forecast.

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<v Speaker 4>It was this fight though an estimated eight billion dollar

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<v Speaker 4>loss of revenue in China because of restrictions. Then you

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<v Speaker 4>had CEO Jensen Wong kind of setting the tone. He said,

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<v Speaker 4>AI computing market is still set for exponential growth. So

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<v Speaker 4>the specifics it expects revenue about forty five billion dollars

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<v Speaker 4>in the second fiscal quarter. Now, aside from that, we

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<v Speaker 4>also have salesforce. Their shares actually losing momentum, so this

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<v Speaker 4>is kind of a back turn. They were higher before

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<v Speaker 4>the bell, they're shifting lower. So the good news is

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<v Speaker 4>that it raises Annuel forecast, a good sign for AI

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<v Speaker 4>agent product, that product they have. What's causing the shift

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<v Speaker 4>lower is that it was a downgraded RBC capital market.

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<v Speaker 4>So that was the reason why they say they have

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<v Speaker 4>a problem with that acquisition of Informatica that was for

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<v Speaker 4>about eight billion dollars.

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<v Speaker 1>I like, how you put this together?

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<v Speaker 3>But Paul, with the conversations we've had incleading Dani's and

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<v Speaker 3>I even finds that it was a fire. Basically, AI

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<v Speaker 3>goes it present from Nvidia to where it benefits salesforce

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<v Speaker 3>down the road.

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<v Speaker 1>Right down the road.

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<v Speaker 2>That's a fair suck, I think it is, you know,

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<v Speaker 2>but they're pretty good numbers out of salesforce.

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<v Speaker 4>I thought, I don't know what else this is not

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<v Speaker 4>doing so well. That would be HP. So their shares

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<v Speaker 4>have been down as much as one person.

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<v Speaker 1>Could you do anything besides technology?

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<v Speaker 4>I will, we will get to it. So their profit

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<v Speaker 4>AULO fell short cut. It's annual earnings for US right

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<v Speaker 4>weaker economy tariffs, that's what they're pointing to reduce its

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<v Speaker 4>Daniel adjusted profit outlook. But it's a big maker of

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<v Speaker 4>computers and printers and CEO said, demand for computers. Well,

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<v Speaker 4>you know what, that's just being hot hurt because of

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<v Speaker 4>the weaker economy and those industry wide price increases. So

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<v Speaker 4>that's their problem. And since we don't want to talk

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<v Speaker 4>tech anymore, well, Coals okay, it shares a bit up

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<v Speaker 4>five percent. This company has really been suffering competition, posted

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<v Speaker 4>revenue declines for three years. But it got some good

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<v Speaker 4>news better than expected comparable sales, affirmed its full yer outlook.

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<v Speaker 4>It's using a new strategy and its stores. It also

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<v Speaker 4>has some internal changes. Remember they ousted their CEO who

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<v Speaker 4>was there for just a few months. Now, it's listen,

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<v Speaker 4>I cut you off.

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<v Speaker 1>This is Coals of the Midwest.

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<v Speaker 2>Coons departments, Nomine faults.

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<v Speaker 1>I didn't know that's outside of Milwaukee, home of your

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<v Speaker 1>strong funds. You'll know that we're not allowed to talk

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<v Speaker 1>about the Milwaukee groups. Yes, swept the red socks. So

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<v Speaker 1>Cole's what up?

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<v Speaker 4>Yes, it is because they're seeing better times now. If

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<v Speaker 4>they're making these new strategies, they're expanding petite sizes, they're

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<v Speaker 4>changing their stores, and they have a lot of internal changes.

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<v Speaker 1>My shopping when I see Pete oh Way.

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