1 00:00:02,520 --> 00:00:07,000 Speaker 1: Bloomberg Audio Studios, Podcasts, Radio News. 2 00:00:08,560 --> 00:00:12,440 Speaker 2: The Stock Movers Report, your roundup of companies making moves 3 00:00:12,480 --> 00:00:17,120 Speaker 2: in the stock market, harnessing the power of Bloomberg Data. 4 00:00:17,239 --> 00:00:19,959 Speaker 3: I'm Tim Stanaveech along with Carol Mass Let's take a 5 00:00:19,960 --> 00:00:22,360 Speaker 3: look at some stocks on the move. We're joined by 6 00:00:22,400 --> 00:00:26,680 Speaker 3: Bloomberg News cross asset reporter Danita Sikova. DANITZA, what did 7 00:00:26,680 --> 00:00:27,040 Speaker 3: you pick? 8 00:00:27,240 --> 00:00:31,000 Speaker 4: Let's talk about prediction markets and robin Hoods shares gained 9 00:00:31,160 --> 00:00:35,400 Speaker 4: eleven percent today. The news was coming yesterday as robin 10 00:00:35,479 --> 00:00:39,199 Speaker 4: Hood and SIG are taking over a regulated exchange that 11 00:00:39,320 --> 00:00:43,240 Speaker 4: actually was tied to FTX before, so some not necessarily 12 00:00:43,240 --> 00:00:46,839 Speaker 4: a great karma there. They're buying a majority stake at 13 00:00:46,920 --> 00:00:51,160 Speaker 4: ledger X. Both of the company already participate in prediction markets, 14 00:00:51,159 --> 00:00:54,400 Speaker 4: so this is an interesting choice. So SAG serves as 15 00:00:54,400 --> 00:00:59,960 Speaker 4: a market maker on Kushi and robin Hood offers Cawshi contracts. 16 00:01:00,200 --> 00:01:03,280 Speaker 4: There are more. Most recent earnings release, robbin Hood said 17 00:01:03,360 --> 00:01:06,679 Speaker 4: that they're customers traded two point three billion event contracts, 18 00:01:06,680 --> 00:01:08,880 Speaker 4: which is a lot because I think the total monthly 19 00:01:09,319 --> 00:01:12,360 Speaker 4: contract is about eight billions, so they're definitely getting a 20 00:01:12,400 --> 00:01:13,200 Speaker 4: big market share. 21 00:01:13,440 --> 00:01:14,679 Speaker 1: This is all it on this production. 22 00:01:14,959 --> 00:01:16,800 Speaker 3: I was this is this is didn't be the thing 23 00:01:16,840 --> 00:01:18,360 Speaker 3: to watch. I mean it was the thing to watch 24 00:01:18,480 --> 00:01:20,560 Speaker 3: last year in the elections, but this is from a 25 00:01:20,600 --> 00:01:24,720 Speaker 3: regulatory perspective and also from a human nature perspective, I 26 00:01:24,720 --> 00:01:26,560 Speaker 3: think this is going to be an area to watch. 27 00:01:26,760 --> 00:01:32,160 Speaker 4: It's really fascinating. The right thinks weather contracts, Labuobus is 28 00:01:32,200 --> 00:01:33,520 Speaker 4: just like becoming everything. 29 00:01:33,600 --> 00:01:35,080 Speaker 1: What is that booboo la boobos? 30 00:01:35,160 --> 00:01:38,119 Speaker 4: Yeah, you can predict the price of lable bikes. 31 00:01:39,120 --> 00:01:44,240 Speaker 1: I feel like, hey, Brotherhood, I'm just always blown away. 32 00:01:44,240 --> 00:01:46,800 Speaker 1: They're up two hundred and forty four percent year to day. Incredible, 33 00:01:46,840 --> 00:01:50,040 Speaker 1: And what did we see in today's session? Today's session 34 00:01:50,120 --> 00:01:52,640 Speaker 1: eleven percent? And there was some voltie in the last 35 00:01:52,640 --> 00:01:55,680 Speaker 1: two weeks and still two hundred and forty five percent 36 00:01:55,760 --> 00:01:57,600 Speaker 1: here today. The ticker is Hood. 37 00:01:58,040 --> 00:01:59,320 Speaker 3: Okay, what do you got for us next? 38 00:01:59,560 --> 00:02:03,160 Speaker 4: I have? The technology is up six percent obviously compared 39 00:02:03,160 --> 00:02:08,720 Speaker 4: to del Yes Easy Straightforward. It raised its annual projection 40 00:02:08,840 --> 00:02:12,720 Speaker 4: for the key artificial intagers server market. The technology continues 41 00:02:12,760 --> 00:02:16,919 Speaker 4: to see momentum in its artificial integers businessness. One number 42 00:02:17,200 --> 00:02:20,640 Speaker 4: that has been taken away twelve thirteen point billion in 43 00:02:20,800 --> 00:02:25,440 Speaker 4: orders during the latest quarter in October, Dell roughly doubleted 44 00:02:25,600 --> 00:02:28,160 Speaker 4: growth estimates for sales and profit. If you remember, there 45 00:02:28,200 --> 00:02:32,240 Speaker 4: was quite a significant rally over this Still, despite some 46 00:02:32,320 --> 00:02:36,359 Speaker 4: of the optimism today and that earlier rally in October, 47 00:02:36,360 --> 00:02:39,320 Speaker 4: the stock is a sixteen percent year today, which compared 48 00:02:39,360 --> 00:02:42,840 Speaker 4: to some of the AI darlings and the cheap markers, 49 00:02:43,520 --> 00:02:49,080 Speaker 4: it's pretty relatively small rally. Unprecedented spending on AI data 50 00:02:49,080 --> 00:02:52,720 Speaker 4: center and tasks has boosted amount for those machines. But 51 00:02:52,800 --> 00:02:54,960 Speaker 4: of course people are worried about spending and that has 52 00:02:55,000 --> 00:02:58,720 Speaker 4: been on display. And there was actually one of the 53 00:02:58,720 --> 00:03:01,520 Speaker 4: companies that was called into this AI bubbles off and 54 00:03:01,680 --> 00:03:03,440 Speaker 4: was down a lot in the last couple of week. 55 00:03:03,800 --> 00:03:06,800 Speaker 4: Some relieve there, but we actually saw some downgrades after 56 00:03:06,840 --> 00:03:10,480 Speaker 4: their report. We saw Ubs and Barclay's downgrades. So despite 57 00:03:10,520 --> 00:03:13,280 Speaker 4: the good report, it seems like people are still watching 58 00:03:13,320 --> 00:03:14,480 Speaker 4: spending very closely. 59 00:03:14,880 --> 00:03:16,919 Speaker 3: Okay, that's the latest with Dell for something. 60 00:03:17,120 --> 00:03:20,120 Speaker 1: Can I just say Dallas down almost twenty percent since 61 00:03:20,240 --> 00:03:23,000 Speaker 1: like that late October? Yeah, high recent high. 62 00:03:23,360 --> 00:03:24,880 Speaker 4: It was one of the big losers there. 63 00:03:25,560 --> 00:03:27,080 Speaker 1: Oh dear, let's go to Deerd. 64 00:03:27,400 --> 00:03:29,000 Speaker 3: I was going to say something a little less. I 65 00:03:29,040 --> 00:03:31,160 Speaker 3: was going to say like less high tech, but actually 66 00:03:31,240 --> 00:03:33,359 Speaker 3: Deer does a lot with like giving me an evil 67 00:03:33,639 --> 00:03:35,480 Speaker 3: they do. They do a lot with really interesting tech 68 00:03:35,560 --> 00:03:38,080 Speaker 3: like GPS stuff and like autonomous. 69 00:03:38,560 --> 00:03:39,840 Speaker 1: Yeah, they do really cool stuff. 70 00:03:39,880 --> 00:03:42,000 Speaker 3: That's what I'm a company formerly known as John Dear. 71 00:03:42,200 --> 00:03:46,640 Speaker 4: Everything is tech now. Deer shares fail about five point 72 00:03:46,720 --> 00:03:49,680 Speaker 4: seven percent today. This is the most since August. The 73 00:03:49,760 --> 00:03:53,680 Speaker 4: tractor makers forecast for twenty twenty six net income came 74 00:03:53,720 --> 00:03:56,560 Speaker 4: below the average on the list estimate. The ticker is 75 00:03:56,640 --> 00:03:59,920 Speaker 4: d E. Of course, it's been a difficult year for 76 00:04:00,600 --> 00:04:04,560 Speaker 4: farmers and this is yet another disappointment. Farmers have been 77 00:04:04,600 --> 00:04:08,800 Speaker 4: grappling with President Trump star if policies. There isn't deal 78 00:04:08,840 --> 00:04:11,560 Speaker 4: which China is raising hopes, but there are still questions 79 00:04:11,560 --> 00:04:15,160 Speaker 4: on whether that will help. And Dere said the name 80 00:04:15,240 --> 00:04:19,599 Speaker 4: income in twenty twenty six weeks ear will be between 81 00:04:19,880 --> 00:04:23,760 Speaker 4: four and four seventy five billion. Bloomer estimate was five 82 00:04:24,680 --> 00:04:27,040 Speaker 4: thirty one billion, so big up there and that can 83 00:04:27,080 --> 00:04:30,640 Speaker 4: explain some of the reactions. The stock is up about 84 00:04:30,640 --> 00:04:34,080 Speaker 4: eleven percent year to date, but clearly the last few 85 00:04:34,120 --> 00:04:37,800 Speaker 4: years haven't been ears of strong growth. De're estimated twenty 86 00:04:37,839 --> 00:04:41,599 Speaker 4: twenty six sales for its large agriculture segments, which cutters 87 00:04:41,680 --> 00:04:44,680 Speaker 4: to the US and Canada, will be down fifteen to 88 00:04:44,760 --> 00:04:48,480 Speaker 4: twenty percent, so the outlook is not necessarily. 89 00:04:48,120 --> 00:04:50,400 Speaker 3: Great, so want to watch Dear. 90 00:04:51,800 --> 00:04:55,800 Speaker 2: The Stock Mover's report from Bloomberg Radio. Check back with 91 00:04:55,880 --> 00:04:58,479 Speaker 2: us throughout the day for the latest roundup of companies 92 00:04:58,560 --> 00:05:01,640 Speaker 2: making news on Wall Street and for the latest market 93 00:05:01,680 --> 00:05:06,120 Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 94 00:05:06,240 --> 00:05:09,719 Speaker 2: Bloomberg dot com, and on Applecarplay and Android Auto with 95 00:05:09,800 --> 00:05:11,279 Speaker 2: the Bloomberg Business app.