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: Let's take a look at some stocks on the movie.
Speaker 3: You have the major indexes lower. I'm Scarlett Fou with
Speaker 3: Stacey Vannox Smith and we're joining now Bloomberg's Christine A.
Speaker 3: Qino and Christine, we gotta start with the Oracle again
Speaker 3: in the news exactly, we have to start an Oracle.
Speaker 1: So those shares took her o rcl up at the
Speaker 1: moment enjoy a nice healthy gain of more than three percent.
Speaker 1: And this is because we did get a report from
Speaker 1: CNBC that Oracle will keep its TikTok cloud deal under
Speaker 1: a new agreement that could close within the next thirty
Speaker 1: to forty five days. Of course, this is related to
Speaker 1: comments as well from Treasury Secretary Scott Bessent also in
Speaker 1: CNBC earlier, saying that he anticipates that President Trump in
Speaker 1: a Chinese president she Jimping, will agree on a final
Speaker 1: TikTok deal during their phone call on Friday. Now, Bloomery
Speaker 1: Intelligence analyst weighing in on this as well, So they're
Speaker 1: saying that Oracle will likely restrict its role to providing
Speaker 1: cloud services and ensuring that no TikTok data flows back
Speaker 1: to China under any potential US agreement tied to a deal.
Speaker 1: Because remember this is the sticking point right between the
Speaker 1: two leaders. How much data is TikTok really collecting from
Speaker 1: US citizens? And that's something that has been touted by
Speaker 1: President Trump and the Trump administration as a potential national
Speaker 1: security issue. So we'll see what gets ironed out in
Speaker 1: that phone call on Friday. Annaly is also saying that
Speaker 1: they do see a low likelihood of an equity investment
Speaker 1: in this potential involvement. And what about shares of hersheyt
Speaker 1: they're having a very sweet morning. Yeah, absolutely say see
Speaker 1: so Hershey shares up at the moment tick her Hsy
Speaker 1: they're currently more than two percent, and that's because they're
Speaker 1: enjoying a double upgrade govin sech Sacks and so it's
Speaker 1: now ready to buy. And also go Ulman raising a
Speaker 1: price target to two hundred and twenty two dollars, which
Speaker 1: implies a twenty percent increase from Monday's clothes. The analysts
Speaker 1: there are saying that market share trends are improving their
Speaker 1: incremental tailwinds ahead. They say that there's also well Hershey
Speaker 1: has enjoyed historically a nice pricing power linked to its
Speaker 1: portfolio way a lot of people very specifically crave their brands,
Speaker 1: and so they're saying that analysts are saying that the
Speaker 1: announcements are pricing that's expected to drive outsize growth in
Speaker 1: the next fiscal year and also costs pressures from tariffs
Speaker 1: as well as the increased price of Coco are better understood.
Speaker 3: Now, all right, and Christine, very quickly, the final stock
Speaker 3: you're watching for US is Warner Brothers Discovery down almost
Speaker 3: nine percent.
Speaker 1: Absolutely scarlet. So take your WBD down, as you say,
Speaker 1: almost nine percent. That's because td cow indegraded a stock
Speaker 1: to hold from a buy. They're also saying that the
Speaker 1: share increase that enjoyed last week because of a potential
Speaker 1: paramount guidance bid for the company, has just taken price
Speaker 1: target beyond what is justified by fundamentals.
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