1 00:00:02,520 --> 00:00:08,720 Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The. 2 00:00:08,720 --> 00:00:12,560 Speaker 2: Stock Movers Report, your roundup of companies making moves in 3 00:00:12,600 --> 00:00:15,840 Speaker 2: the stock market, harnessing the power of Bloomberg Data. 4 00:00:16,000 --> 00:00:17,759 Speaker 3: Let's take a look at some of the stocks on 5 00:00:17,960 --> 00:00:20,279 Speaker 3: the move today. I'm Paul swinging alongside Alex Semanova, and 6 00:00:20,320 --> 00:00:22,880 Speaker 3: we're joined by Bloomberg's Billy Lipschaltz. Billy, what are you 7 00:00:22,880 --> 00:00:23,440 Speaker 3: looking at? Yeah? 8 00:00:23,440 --> 00:00:25,840 Speaker 1: I want to start with Mango dB. I can't tell 9 00:00:25,880 --> 00:00:27,840 Speaker 1: if it's my favorite name or my least favorite name. 10 00:00:27,880 --> 00:00:30,400 Speaker 1: It kind of weirds me out. Tickerr MDB right now 11 00:00:30,480 --> 00:00:33,720 Speaker 1: up twenty five percent says this is a thirty three 12 00:00:33,800 --> 00:00:37,320 Speaker 1: billion dollar company. This isn't a kind of small niche player. 13 00:00:37,560 --> 00:00:40,320 Speaker 1: They operate in the infrastructure software space, so trading at 14 00:00:40,360 --> 00:00:43,040 Speaker 1: the highest level since March twenty twenty four, so some 15 00:00:43,120 --> 00:00:46,320 Speaker 1: size and scope there. This comes after the company beat expectations, 16 00:00:46,560 --> 00:00:48,760 Speaker 1: raise its full year forecast. A number of analysts kind 17 00:00:48,760 --> 00:00:51,040 Speaker 1: of pounding the table and raising their price targets, saying 18 00:00:51,040 --> 00:00:57,000 Speaker 1: there's significantly outperforming expectations. Another quarter delivered to the upside. 19 00:00:57,000 --> 00:00:59,120 Speaker 1: This is a company that when you look at how 20 00:00:59,160 --> 00:01:03,000 Speaker 1: it's traded his orally after earnings pretty volatile, so right 21 00:01:03,000 --> 00:01:06,040 Speaker 1: now up about twenty five percent. Quarter before jump thirty 22 00:01:06,080 --> 00:01:09,039 Speaker 1: eight percent. Quarter before that thirteen percent, So some wild 23 00:01:09,120 --> 00:01:13,480 Speaker 1: swings again for a company in that infrastructure software automating 24 00:01:14,200 --> 00:01:17,520 Speaker 1: or helping work as an open source database for automating, monitoring, 25 00:01:17,680 --> 00:01:18,160 Speaker 1: and deploying. 26 00:01:18,200 --> 00:01:21,200 Speaker 3: Backup, seeing a pretty big swing here, I see up 27 00:01:21,200 --> 00:01:23,720 Speaker 3: twenty percent Credo Technology. What's going on over there? 28 00:01:23,800 --> 00:01:27,000 Speaker 1: Yeah? Stocks tickers see our doo. This comes after, as 29 00:01:27,120 --> 00:01:30,280 Speaker 1: analysts point out, another blowout quarter. So good earnings for 30 00:01:30,319 --> 00:01:33,160 Speaker 1: some of these companies. So they're in the communications equipment space, 31 00:01:33,200 --> 00:01:36,559 Speaker 1: so they've boughten wires and chips. Another company that maybe 32 00:01:37,040 --> 00:01:39,759 Speaker 1: people had never heard of before today, but the stock 33 00:01:39,800 --> 00:01:41,920 Speaker 1: trading at an all time high right now again up 34 00:01:41,920 --> 00:01:45,760 Speaker 1: more than twenty percent. Tickers see our do. This is 35 00:01:45,760 --> 00:01:48,600 Speaker 1: a company that again raise its outlook, raise its beat 36 00:01:48,640 --> 00:01:51,680 Speaker 1: earnings on the top and bottom line, really showing that 37 00:01:51,720 --> 00:01:55,320 Speaker 1: they're continuing to ramp up customer customer demands. Barclays calling 38 00:01:55,360 --> 00:01:58,080 Speaker 1: out that their new product solutions are layering onto growth 39 00:01:58,080 --> 00:02:00,960 Speaker 1: in twenty twenty seven and beyond. So Wall Street certainly 40 00:02:01,000 --> 00:02:03,800 Speaker 1: likes companies that are delivering and guys. Another company that's 41 00:02:04,080 --> 00:02:06,560 Speaker 1: larger than thirty billion dollars. So not picking small potatoes. 42 00:02:06,840 --> 00:02:09,840 Speaker 3: And Bloomberg Intelligence has coverage research coverage of this. Jake 43 00:02:09,880 --> 00:02:13,280 Speaker 3: Silverman in New York is our tech analysts covering this dock. 44 00:02:13,320 --> 00:02:15,480 Speaker 3: If you want to read the research on CREDO. Big 45 00:02:15,960 --> 00:02:17,880 Speaker 3: is the ticker to get you to Bloomberg Intelligence. 46 00:02:18,360 --> 00:02:22,400 Speaker 1: One more, one more Boeing. Yeah right now almost eight 47 00:02:22,440 --> 00:02:25,600 Speaker 1: percent ticker b A trading at the highest level since November, 48 00:02:25,600 --> 00:02:28,880 Speaker 1: but biggest inturday gain since April. This comes after the 49 00:02:28,919 --> 00:02:31,760 Speaker 1: company talked up the expectations for generating cash again in 50 00:02:31,760 --> 00:02:34,720 Speaker 1: twenty twenty six. Uh. Again, it's been a rough go 51 00:02:34,880 --> 00:02:37,400 Speaker 1: for Boeing over the last few years. I think they're 52 00:02:37,440 --> 00:02:38,079 Speaker 1: out of the. 53 00:02:37,840 --> 00:02:39,440 Speaker 3: They're out of the I almost say in the last 54 00:02:39,520 --> 00:02:41,440 Speaker 3: nine months they're out of the doghouse, out of the 55 00:02:42,280 --> 00:02:45,360 Speaker 3: out of there. I am a Boeing foundly house of mouse. 56 00:02:45,400 --> 00:02:48,679 Speaker 3: But you don't fly though less less I get paid. 57 00:02:48,680 --> 00:02:50,400 Speaker 3: I'm not playing anymore less people pay me to fly. 58 00:02:51,080 --> 00:02:53,160 Speaker 3: So so I did some good news. 59 00:02:52,919 --> 00:02:56,000 Speaker 1: There, Yeah, positive news again talking about expectations for positive 60 00:02:56,000 --> 00:02:58,760 Speaker 1: free cash flow low single digits next year according to 61 00:02:58,760 --> 00:03:03,760 Speaker 1: the CFO and presentation and Investor conference again, company that 62 00:03:03,840 --> 00:03:06,840 Speaker 1: is trying to write the ship, if you will, seeing 63 00:03:06,880 --> 00:03:10,079 Speaker 1: steady demand improving for their seven thirty seven Max seven 64 00:03:10,120 --> 00:03:13,360 Speaker 1: eighty seven Dream minor jet. Kind of trying to again 65 00:03:13,680 --> 00:03:17,040 Speaker 1: get ready to deliver on free cashful. Analysts expecting Bowing 66 00:03:17,200 --> 00:03:19,679 Speaker 1: to generate two point four to six billion in free 67 00:03:19,680 --> 00:03:22,560 Speaker 1: cash flow next year, so that would be an uptick 68 00:03:22,800 --> 00:03:27,000 Speaker 1: from the first cash outflow nine months earlier this year. 69 00:03:27,040 --> 00:03:29,440 Speaker 3: That was a long, multi year slog for Boweling to 70 00:03:29,560 --> 00:03:32,200 Speaker 3: kind of right the ship after those crashes and whatnot. 71 00:03:32,240 --> 00:03:33,639 Speaker 1: I mean, it's been one of those names that when 72 00:03:33,639 --> 00:03:35,160 Speaker 1: you talk to investors, it's like, if you're going to 73 00:03:35,240 --> 00:03:37,320 Speaker 1: invest in plane making companies, America is not going to 74 00:03:37,320 --> 00:03:37,880 Speaker 1: outsource that. 75 00:03:39,200 --> 00:03:43,200 Speaker 2: The Stock Movers report from Bloomberg Radio. Check back with 76 00:03:43,280 --> 00:03:45,880 Speaker 2: us throughout the day for the latest roundup of companies 77 00:03:45,920 --> 00:03:49,040 Speaker 2: making news on Wall Street and for the latest market 78 00:03:49,080 --> 00:03:53,560 Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 79 00:03:53,640 --> 00:03:57,120 Speaker 2: Bloomberg dot com, and on Applecarplay and Android Auto with 80 00:03:57,200 --> 00:03:58,680 Speaker 2: the Bloomberg Business app.