Speaker 1: Bloomberg Audio Studios, podcasts, radio News.
Speaker 2: The Stock Movers Report, your roundup of companies making moves
Speaker 2: in the stock market, harnessing the power of Bloomberg data.
Speaker 3: All right, Carol Masser, Tim Stanevik, just a quick reminder
Speaker 3: of how we wrapped up on this Thursday. Interesting day,
Speaker 3: definitely more of a risk off trade. We've got one
Speaker 3: and a half percent lower on the S and P
Speaker 3: five hundred at the closed, same story, Tim, for the
Speaker 3: Dow Jones Industrial Average NASTAQ one hundred even a deeper,
Speaker 3: and we saw some selling into the close down about
Speaker 3: one point seven. Yeah.
Speaker 1: A different day on the day, certainly a different day
Speaker 1: than we've seen with the volatility we've seen intra day volatility,
Speaker 1: but we haven't we've seen the dip buyers come in
Speaker 1: the S and P five hundred today at its worst
Speaker 1: day in a month. It's at levels last seene Carol,
Speaker 1: going back to November of twenty twenty five.
Speaker 3: Yeah, and I keep thinking, you know, don't forget, We've
Speaker 3: got at a thirty am Wall Street time an inflation print.
Speaker 3: It is the FEDS per preferred inflation gage. I believe
Speaker 3: it's for a read. Let me just pull it up here.
Speaker 3: I think it's for January. So once again it's some
Speaker 3: older data. But for me, I think these are even
Speaker 3: though they're older.
Speaker 2: It's pre war.
Speaker 3: It's just a reminder of kind of where inflation was
Speaker 3: ahead of it because we know right now markets, investors,
Speaker 3: and society are worried about inflation pressures.
Speaker 1: I'm Tim Stinebeck along with Carol Master. Let's take a
Speaker 1: look at some stocks on the move today. We are
Speaker 1: joined by Avalon Pernell. She's Bloomberg News Equities reporter.
Speaker 4: Hey have Alon, Hi, Well, we can go ahead and
Speaker 4: get started with some after the market moves. Alta it
Speaker 4: is falling about eight percent today postmarket. That's after they
Speaker 4: reported earnings that kind of fell short of expectations. Earnings
Speaker 4: for share for the fourth quarter fell slightly short, and
Speaker 4: the midpoint of its full year EPs forecasts also missed estimates.
Speaker 4: And let's really expected to see a solid holiday demand
Speaker 4: for gifting. But now we're getting back to that question
Speaker 4: of like how healthy is a consumer?
Speaker 3: Yeah, I mean Alta tick our Ulta down more than
Speaker 3: eight percent. I mean this has kind of been a gem.
Speaker 3: I mean it's a stock that's still up about three
Speaker 3: year to day, like.
Speaker 1: This is supposed to be. You know, this was the stock, right,
Speaker 1: we all need our beauty stuff. I'm just gonna true.
Speaker 3: Let's go to Adobe another aftermarket ADB is the ticker.
Speaker 4: Yes, that stock is slanting about six point six percent postmarket.
Speaker 4: That's after despite having a pretty good quarter. Bloomberg Intelligence
Speaker 4: writing that the CEO's transition he's planning to go ahead
Speaker 4: and head out he's resigning, is overshadowing a pretty steady
Speaker 4: first quarter performance, and it also brings up additional questions
Speaker 4: about how software companies are going to be able to
Speaker 4: deal with this question of AI.
Speaker 3: Yeah, I think we keep wondering. You know how that
Speaker 3: is that stocks down about twenty three percent year to date,
Speaker 3: so we're continuing to see some pressure. I know, I know, Helleluiah,
Speaker 3: you like went through the pressure.
Speaker 1: Oh no, I was going to say something about bumble.
Speaker 1: Oh yeah, Carol loves saying swipe right.
Speaker 4: Yes, the bumble ticker b MBL swored thirty four percent
Speaker 4: into the clusters.
Speaker 3: We're sweeping right on the staff care.
Speaker 4: That is perfect. It's for its biggest jobs twenty two.
Speaker 3: What's going on?
Speaker 4: Yeah, I mean it had a pretty modest but good
Speaker 4: fourth quarter revenue Beat and also analysts were pretty happy
Speaker 4: about the fact that they're announcing some additional AI power tools,
Speaker 4: including one tool that could potentially help you have a
Speaker 4: personal matchmaker.
Speaker 3: I do not.
Speaker 4: I don't know how I feel about that.
Speaker 3: Can you imagine listen? That terrifies me.
Speaker 1: This I was. This is how old I am? Like,
Speaker 1: this wasn't a thing when I met my wife?
Speaker 3: Well certainly, yeah, that's how old I am.
Speaker 2: We just met.
Speaker 1: We had that one. I don't remember the website like it.
Speaker 3: Wasn't there was another day. Look at Avalanche like you too?
Speaker 3: Yes you Bumble and bumble used to be back in
Speaker 3: twenty twenty one and almost eighty.
Speaker 1: Dollars just bumble?
Speaker 3: Oh sorry, what do I call it? Bumble?
Speaker 2: Bumble?
Speaker 4: The haircare.
Speaker 2: This stock mover's report from Bloomberg Radio. Check back with
Speaker 2: us throughout the day for the latest roundup of companies
Speaker 2: making news on Wall Street and for the late this
Speaker 2: market moving headlines. Listen to Bloomberg Radio Live, catch us
Speaker 2: on YouTube, Bloomberg dot com, and on Applecarplay and Android
Speaker 2: Auto with the Bloomberg Business app.