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 --> 00:00:15,880 Speaker 2: in the stock market, harnessing the power of Bloomberg Data. 4 00:00:17,200 --> 00:00:19,120 Speaker 1: Let's take a look at some stocks on the move today. 5 00:00:19,160 --> 00:00:21,279 Speaker 1: I'm Tim Stanveek along with Carol Mass and we are 6 00:00:21,360 --> 00:00:24,880 Speaker 1: joined by Bloomberg News cross as a reporter Danita Sikova. 7 00:00:25,400 --> 00:00:28,000 Speaker 1: DANITZA A lot moving in the after hours as we 8 00:00:28,040 --> 00:00:30,120 Speaker 1: are talking really big moves. 9 00:00:30,160 --> 00:00:32,680 Speaker 3: Obviously, Amazon is on the move. I'm looking now at 10 00:00:32,800 --> 00:00:36,479 Speaker 3: more than eleven percent gain. Of course, it's all about 11 00:00:36,479 --> 00:00:39,720 Speaker 3: the cloud. Cloud unit posted the strongest growth rate in 12 00:00:39,960 --> 00:00:44,600 Speaker 3: almost three years. The ticker, of course is AMZ and 13 00:00:44,760 --> 00:00:48,239 Speaker 3: Amazon Web Services posted revenue thirty three billion. That's a 14 00:00:48,479 --> 00:00:53,280 Speaker 3: twenty percent increase unless we're expecting about the eighteen percent grows. 15 00:00:53,280 --> 00:00:58,720 Speaker 3: So this is well above expectations. During that quarter. Amazon 16 00:00:58,720 --> 00:01:02,880 Speaker 3: total sales also so beat onless expectations there roles thirteen 17 00:01:02,960 --> 00:01:07,560 Speaker 3: percent two hundred and eighty billion. There was obviously a 18 00:01:07,560 --> 00:01:10,399 Speaker 3: lot of concern about the cloud business, that Amazon is 19 00:01:10,400 --> 00:01:16,440 Speaker 3: falling behind and their competitors are winning the race. Clearly, 20 00:01:17,319 --> 00:01:22,120 Speaker 3: investors are very optimistic now that we saw those results 21 00:01:22,120 --> 00:01:25,960 Speaker 3: of course, Amazon Ewise heavily on a entro pick and 22 00:01:26,120 --> 00:01:29,240 Speaker 3: they have had an eight billion investment in platform. So 23 00:01:29,319 --> 00:01:31,880 Speaker 3: as much as they position themselves as a leader in 24 00:01:31,920 --> 00:01:35,600 Speaker 3: the space, they have a big partner for sure. But 25 00:01:35,800 --> 00:01:40,320 Speaker 3: really massive reactions after hours, and it has the games 26 00:01:40,360 --> 00:01:44,520 Speaker 3: had continued after the Indish reaction, so quite impressive rally. 27 00:01:45,200 --> 00:01:48,320 Speaker 3: Really probably one of the biggest gainers of the Magnificent seven. 28 00:01:48,360 --> 00:01:51,000 Speaker 3: After earnings, Yeah, pretty wild up eleven percent here in 29 00:01:51,000 --> 00:01:51,720 Speaker 3: the aftermarket. 30 00:01:51,800 --> 00:01:54,960 Speaker 1: Let's go to Apple, which has had an interesting aftermarket 31 00:01:55,000 --> 00:01:55,760 Speaker 1: trade today. 32 00:01:55,880 --> 00:02:00,400 Speaker 3: It's been a roller coaster ride for Apple stock. Gains 33 00:02:00,440 --> 00:02:04,920 Speaker 3: about four percent, a little bit over percent record sales. 34 00:02:05,000 --> 00:02:08,240 Speaker 3: That's why the optimism. It comes some good projection for 35 00:02:08,320 --> 00:02:12,359 Speaker 3: December quarter. Everyone is rushing to buy the iphon seventeen. 36 00:02:12,400 --> 00:02:15,720 Speaker 3: That's definitely helping. So we're seeing those gigs, but the 37 00:02:15,760 --> 00:02:19,640 Speaker 3: initial reaction was quite different, and fourth quarter revenue in 38 00:02:19,720 --> 00:02:22,920 Speaker 3: China fell, so that's one of the reasons potentially we 39 00:02:23,000 --> 00:02:27,520 Speaker 3: saw some initial hesitations for invention from investors. Revenue from 40 00:02:27,520 --> 00:02:31,640 Speaker 3: Greater China fell about four percent to fourteen point five 41 00:02:31,680 --> 00:02:36,520 Speaker 3: billion for the period, which is less than what analysts expected, 42 00:02:36,560 --> 00:02:40,760 Speaker 3: but still that was definitely a concern broader. The earnings 43 00:02:40,760 --> 00:02:44,440 Speaker 3: report was strong. Total sales came above what the street 44 00:02:44,480 --> 00:02:48,680 Speaker 3: will expected. Of course, they're concerns about Apple in China, 45 00:02:48,680 --> 00:02:50,920 Speaker 3: but actually sales in the US are very strong, and 46 00:02:50,919 --> 00:02:52,040 Speaker 3: that's bringing some optimism. 47 00:02:52,280 --> 00:02:54,000 Speaker 1: Just twenty seconds on Zlo ticker. 48 00:02:53,880 --> 00:02:56,720 Speaker 3: Z zero is up about one percent and now third 49 00:02:56,800 --> 00:03:00,760 Speaker 3: quarter results that exceeded analysts estimates. Real estate firm is 50 00:03:00,800 --> 00:03:04,080 Speaker 3: battling several lawsuits. Just this week we get a little 51 00:03:04,080 --> 00:03:07,840 Speaker 3: bit more information, but the earnest report is helping some 52 00:03:08,160 --> 00:03:13,519 Speaker 3: positive moves after here. Of course small compared to Amazon 53 00:03:13,639 --> 00:03:16,000 Speaker 3: and Apple, but still positive reaction there. 54 00:03:17,160 --> 00:03:21,200 Speaker 2: The stock Mover's report from Bloomberg Radio. Check back with 55 00:03:21,280 --> 00:03:23,800 Speaker 2: us throughout the day for the latest roundup of companies 56 00:03:23,919 --> 00:03:27,000 Speaker 2: making news on Wall Street and for the latest market 57 00:03:27,040 --> 00:03:31,520 Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 58 00:03:31,600 --> 00:03:35,120 Speaker 2: Bloomberg dot com, and on Applecarplay and Android Auto with 59 00:03:35,160 --> 00:03:36,680 Speaker 2: the Bloomberg Business app.