1 00:00:02,520 --> 00:00:07,360 Speaker 1: Bloomberg Audio Studios, podcasts, radio News. 2 00:00:08,520 --> 00:00:12,440 Speaker 2: The Stock Movers Report, your roundup of companies making moves 3 00:00:12,440 --> 00:00:15,840 Speaker 2: in the stock market, harnessing the power of Bloomberg data. 4 00:00:16,480 --> 00:00:19,400 Speaker 3: All right, Carol Masser, Tim Stanevik, just a quick reminder 5 00:00:19,400 --> 00:00:23,000 Speaker 3: of how we wrapped up on this Thursday. Interesting day, 6 00:00:23,120 --> 00:00:26,239 Speaker 3: definitely more of a risk off trade. We've got one 7 00:00:26,239 --> 00:00:27,840 Speaker 3: and a half percent lower on the S and P 8 00:00:28,000 --> 00:00:30,680 Speaker 3: five hundred at the closed, same story, Tim, for the 9 00:00:30,680 --> 00:00:33,680 Speaker 3: Dow Jones Industrial Average NASTAQ one hundred even a deeper, 10 00:00:33,720 --> 00:00:36,280 Speaker 3: and we saw some selling into the close down about 11 00:00:36,280 --> 00:00:37,239 Speaker 3: one point seven. Yeah. 12 00:00:37,240 --> 00:00:39,000 Speaker 1: A different day on the day, certainly a different day 13 00:00:39,000 --> 00:00:41,520 Speaker 1: than we've seen with the volatility we've seen intra day volatility, 14 00:00:41,520 --> 00:00:43,360 Speaker 1: but we haven't we've seen the dip buyers come in 15 00:00:43,400 --> 00:00:45,040 Speaker 1: the S and P five hundred today at its worst 16 00:00:45,120 --> 00:00:48,440 Speaker 1: day in a month. It's at levels last seene Carol, 17 00:00:48,560 --> 00:00:50,600 Speaker 1: going back to November of twenty twenty five. 18 00:00:50,720 --> 00:00:52,559 Speaker 3: Yeah, and I keep thinking, you know, don't forget, We've 19 00:00:52,560 --> 00:00:55,200 Speaker 3: got at a thirty am Wall Street time an inflation print. 20 00:00:55,240 --> 00:00:58,760 Speaker 3: It is the FEDS per preferred inflation gage. I believe 21 00:00:58,800 --> 00:01:00,920 Speaker 3: it's for a read. Let me just pull it up here. 22 00:01:00,960 --> 00:01:03,320 Speaker 3: I think it's for January. So once again it's some 23 00:01:03,400 --> 00:01:06,200 Speaker 3: older data. But for me, I think these are even 24 00:01:06,200 --> 00:01:07,399 Speaker 3: though they're older. 25 00:01:07,319 --> 00:01:08,119 Speaker 2: It's pre war. 26 00:01:08,360 --> 00:01:10,880 Speaker 3: It's just a reminder of kind of where inflation was 27 00:01:11,280 --> 00:01:14,200 Speaker 3: ahead of it because we know right now markets, investors, 28 00:01:14,240 --> 00:01:16,200 Speaker 3: and society are worried about inflation pressures. 29 00:01:16,319 --> 00:01:18,640 Speaker 1: I'm Tim Stinebeck along with Carol Master. Let's take a 30 00:01:18,680 --> 00:01:20,320 Speaker 1: look at some stocks on the move today. We are 31 00:01:20,400 --> 00:01:23,479 Speaker 1: joined by Avalon Pernell. She's Bloomberg News Equities reporter. 32 00:01:23,560 --> 00:01:25,800 Speaker 4: Hey have Alon, Hi, Well, we can go ahead and 33 00:01:25,800 --> 00:01:28,840 Speaker 4: get started with some after the market moves. Alta it 34 00:01:28,880 --> 00:01:32,160 Speaker 4: is falling about eight percent today postmarket. That's after they 35 00:01:32,200 --> 00:01:36,080 Speaker 4: reported earnings that kind of fell short of expectations. Earnings 36 00:01:36,080 --> 00:01:38,640 Speaker 4: for share for the fourth quarter fell slightly short, and 37 00:01:38,720 --> 00:01:42,560 Speaker 4: the midpoint of its full year EPs forecasts also missed estimates. 38 00:01:42,880 --> 00:01:45,160 Speaker 4: And let's really expected to see a solid holiday demand 39 00:01:45,200 --> 00:01:47,680 Speaker 4: for gifting. But now we're getting back to that question 40 00:01:47,720 --> 00:01:49,120 Speaker 4: of like how healthy is a consumer? 41 00:01:49,360 --> 00:01:52,800 Speaker 3: Yeah, I mean Alta tick our Ulta down more than 42 00:01:52,840 --> 00:01:55,640 Speaker 3: eight percent. I mean this has kind of been a gem. 43 00:01:55,720 --> 00:01:57,240 Speaker 3: I mean it's a stock that's still up about three 44 00:01:57,640 --> 00:01:58,640 Speaker 3: year to day, like. 45 00:01:58,560 --> 00:02:01,800 Speaker 1: This is supposed to be. You know, this was the stock, right, 46 00:02:02,160 --> 00:02:04,440 Speaker 1: we all need our beauty stuff. I'm just gonna true. 47 00:02:04,880 --> 00:02:08,480 Speaker 3: Let's go to Adobe another aftermarket ADB is the ticker. 48 00:02:08,639 --> 00:02:11,720 Speaker 4: Yes, that stock is slanting about six point six percent postmarket. 49 00:02:11,800 --> 00:02:15,119 Speaker 4: That's after despite having a pretty good quarter. Bloomberg Intelligence 50 00:02:15,200 --> 00:02:18,120 Speaker 4: writing that the CEO's transition he's planning to go ahead 51 00:02:18,160 --> 00:02:21,320 Speaker 4: and head out he's resigning, is overshadowing a pretty steady 52 00:02:21,320 --> 00:02:24,600 Speaker 4: first quarter performance, and it also brings up additional questions 53 00:02:24,600 --> 00:02:26,960 Speaker 4: about how software companies are going to be able to 54 00:02:27,000 --> 00:02:28,800 Speaker 4: deal with this question of AI. 55 00:02:29,120 --> 00:02:30,800 Speaker 3: Yeah, I think we keep wondering. You know how that 56 00:02:30,880 --> 00:02:33,720 Speaker 3: is that stocks down about twenty three percent year to date, 57 00:02:33,840 --> 00:02:38,240 Speaker 3: so we're continuing to see some pressure. I know, I know, Helleluiah, 58 00:02:38,400 --> 00:02:39,440 Speaker 3: you like went through the pressure. 59 00:02:39,440 --> 00:02:41,160 Speaker 1: Oh no, I was going to say something about bumble. 60 00:02:41,960 --> 00:02:44,240 Speaker 1: Oh yeah, Carol loves saying swipe right. 61 00:02:44,880 --> 00:02:48,360 Speaker 4: Yes, the bumble ticker b MBL swored thirty four percent 62 00:02:48,360 --> 00:02:49,280 Speaker 4: into the clusters. 63 00:02:49,320 --> 00:02:52,040 Speaker 3: We're sweeping right on the staff care. 64 00:02:52,480 --> 00:02:55,440 Speaker 4: That is perfect. It's for its biggest jobs twenty two. 65 00:02:57,919 --> 00:02:58,679 Speaker 3: What's going on? 66 00:02:59,080 --> 00:03:01,320 Speaker 4: Yeah, I mean it had a pretty modest but good 67 00:03:01,360 --> 00:03:04,680 Speaker 4: fourth quarter revenue Beat and also analysts were pretty happy 68 00:03:04,720 --> 00:03:08,400 Speaker 4: about the fact that they're announcing some additional AI power tools, 69 00:03:08,440 --> 00:03:11,000 Speaker 4: including one tool that could potentially help you have a 70 00:03:11,040 --> 00:03:12,240 Speaker 4: personal matchmaker. 71 00:03:12,600 --> 00:03:13,040 Speaker 3: I do not. 72 00:03:13,200 --> 00:03:14,440 Speaker 4: I don't know how I feel about that. 73 00:03:14,760 --> 00:03:18,400 Speaker 3: Can you imagine listen? That terrifies me. 74 00:03:18,800 --> 00:03:21,560 Speaker 1: This I was. This is how old I am? Like, 75 00:03:21,600 --> 00:03:23,680 Speaker 1: this wasn't a thing when I met my wife? 76 00:03:24,080 --> 00:03:27,079 Speaker 3: Well certainly, yeah, that's how old I am. 77 00:03:27,200 --> 00:03:27,680 Speaker 2: We just met. 78 00:03:29,200 --> 00:03:33,320 Speaker 1: We had that one. I don't remember the website like it. 79 00:03:33,240 --> 00:03:36,320 Speaker 3: Wasn't there was another day. Look at Avalanche like you too? 80 00:03:36,400 --> 00:03:41,760 Speaker 3: Yes you Bumble and bumble used to be back in 81 00:03:41,800 --> 00:03:43,520 Speaker 3: twenty twenty one and almost eighty. 82 00:03:43,320 --> 00:03:44,480 Speaker 1: Dollars just bumble? 83 00:03:44,600 --> 00:03:46,160 Speaker 3: Oh sorry, what do I call it? Bumble? 84 00:03:46,320 --> 00:03:46,640 Speaker 2: Bumble? 85 00:03:47,160 --> 00:03:48,080 Speaker 4: The haircare. 86 00:03:50,760 --> 00:03:54,800 Speaker 2: This stock mover's report from Bloomberg Radio. Check back with 87 00:03:54,880 --> 00:03:57,440 Speaker 2: us throughout the day for the latest roundup of companies 88 00:03:57,520 --> 00:04:00,120 Speaker 2: making news on Wall Street and for the late this 89 00:04:00,280 --> 00:04:04,480 Speaker 2: market moving headlines. Listen to Bloomberg Radio Live, catch us 90 00:04:04,520 --> 00:04:08,280 Speaker 2: on YouTube, Bloomberg dot com, and on Applecarplay and Android 91 00:04:08,280 --> 00:04:10,240 Speaker 2: Auto with the Bloomberg Business app.