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 00:00:16,520 --> 00:00:18,880 Speaker 1: I'm Jim Standadek along with Carol Masser. Let's take a 5 00:00:18,880 --> 00:00:20,720 Speaker 1: look at some stocks on the move today. We're joined 6 00:00:20,720 --> 00:00:25,360 Speaker 1: by Bloomberg News Cross asset reporter Denitza Sokova. Denza, there's 7 00:00:25,360 --> 00:00:27,400 Speaker 1: some stocks movement in the after hours. 8 00:00:27,080 --> 00:00:28,640 Speaker 3: Some big moves after hours. 9 00:00:28,680 --> 00:00:31,920 Speaker 4: Let's start with Salesforce gave an outlook for revenue in 10 00:00:31,960 --> 00:00:35,280 Speaker 4: the current prea that topped analysts estimates. We're seeing quite 11 00:00:35,280 --> 00:00:37,800 Speaker 4: the reaction. The stock is up about five percent now, 12 00:00:38,040 --> 00:00:40,360 Speaker 4: but it jumped as much as eight percent in after 13 00:00:40,400 --> 00:00:44,360 Speaker 4: our trainings. The numbers of strong revenue is about eleven 14 00:00:44,400 --> 00:00:48,880 Speaker 4: point one billion aless for expecting about ten point nine billion. 15 00:00:49,800 --> 00:00:53,120 Speaker 4: One measure for bookings, we increase about fifteen percent alis 16 00:00:53,200 --> 00:00:56,840 Speaker 4: for expecting ten percent. So they're handily rewarding a company 17 00:00:56,840 --> 00:00:59,560 Speaker 4: that hasn't been doing so well here today it has 18 00:00:59,680 --> 00:01:04,080 Speaker 4: dropped twenty nine percent. Of course, they are the largest 19 00:01:04,160 --> 00:01:07,280 Speaker 4: maker of software and they release their AI too Agent 20 00:01:07,360 --> 00:01:08,160 Speaker 4: Force this year. 21 00:01:08,760 --> 00:01:09,880 Speaker 3: They're saying so. 22 00:01:09,840 --> 00:01:13,160 Speaker 4: Far it's doing well ninety five hundred deals. But T 23 00:01:13,360 --> 00:01:16,920 Speaker 4: Collan is raising some quotients, saying that this has largely 24 00:01:17,000 --> 00:01:20,360 Speaker 4: been limited to experimentation and we're yet to see the growth. 25 00:01:20,400 --> 00:01:23,600 Speaker 3: Nevertheless, great reaction after hours, Yeah, totally, Where do you 26 00:01:23,640 --> 00:01:24,240 Speaker 3: want to go next? 27 00:01:24,319 --> 00:01:29,319 Speaker 4: Opposite reaction in Snowflake after hours shares fail as much 28 00:01:29,360 --> 00:01:33,399 Speaker 4: as eight percent. The company gave an outlook for operating 29 00:01:33,520 --> 00:01:36,880 Speaker 4: margin that fell short of analysts estimates. It's all about 30 00:01:36,920 --> 00:01:41,440 Speaker 4: concerns about AI spending and profitability of new I based too. 31 00:01:41,480 --> 00:01:44,600 Speaker 4: That's pretty much the story for every company we see reporting. 32 00:01:44,760 --> 00:01:49,080 Speaker 4: Snowflake make software that helps organize an ally store corporate cloud, 33 00:01:49,360 --> 00:01:52,040 Speaker 4: and since the appointment of their new CEO, the company 34 00:01:52,040 --> 00:01:54,560 Speaker 4: has focused on nothing new tools. It's up seventy two 35 00:01:54,560 --> 00:01:58,320 Speaker 4: percent here today, so even today it's not bringing too 36 00:01:58,360 --> 00:01:58,960 Speaker 4: much damage. 37 00:01:59,000 --> 00:02:02,080 Speaker 3: Really quickly twenty seconds. Microsoft is something we've watched today. 38 00:02:02,120 --> 00:02:03,640 Speaker 3: It's so about profitability. 39 00:02:04,120 --> 00:02:06,960 Speaker 4: We had this report by the information that the software 40 00:02:07,000 --> 00:02:08,679 Speaker 4: maker has lowered the expectation. 41 00:02:09,040 --> 00:02:10,560 Speaker 3: Microsoft rebuilded this report. 42 00:02:10,720 --> 00:02:13,840 Speaker 4: Nevertheless, the stock was down as much as three percent 43 00:02:13,919 --> 00:02:16,680 Speaker 4: and it closed down two point five percent. Everyone is 44 00:02:16,720 --> 00:02:20,400 Speaker 4: watching this AI spending and any sign that the future 45 00:02:20,800 --> 00:02:24,720 Speaker 4: spending is decreasing is punished very harshly. 46 00:02:25,400 --> 00:02:29,400 Speaker 2: This stock mover's report from Bloomberg Radio. Check back with 47 00:02:29,480 --> 00:02:32,080 Speaker 2: us throughout the day for the latest roundup of companies 48 00:02:32,120 --> 00:02:35,240 Speaker 2: making news on Wall Street and for the latest market 49 00:02:35,280 --> 00:02:39,720 Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 50 00:02:39,840 --> 00:02:43,320 Speaker 2: Bloomberg dot com, and on Applecarplay and Android Auto with 51 00:02:43,400 --> 00:02:44,880 Speaker 2: the Bloomberg Business app.