Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The.
Speaker 2: Stock Movers Report, your roundup of companies making moves in
Speaker 2: the stock market, harnessing the power of Bloomberg Data.
Speaker 3: Let's take a look at some of the stocks on
Speaker 3: the move today. I'm Paul swinging alongside Alex Semanova, and
Speaker 3: we're joined by Bloomberg's Billy Lipschaltz. Billy, what are you
Speaker 3: looking at? Yeah?
Speaker 1: I want to start with Mango dB. I can't tell
Speaker 1: if it's my favorite name or my least favorite name.
Speaker 1: It kind of weirds me out. Tickerr MDB right now
Speaker 1: up twenty five percent says this is a thirty three
Speaker 1: billion dollar company. This isn't a kind of small niche player.
Speaker 1: They operate in the infrastructure software space, so trading at
Speaker 1: the highest level since March twenty twenty four, so some
Speaker 1: size and scope there. This comes after the company beat expectations,
Speaker 1: raise its full year forecast. A number of analysts kind
Speaker 1: of pounding the table and raising their price targets, saying
Speaker 1: there's significantly outperforming expectations. Another quarter delivered to the upside.
Speaker 1: This is a company that when you look at how
Speaker 1: it's traded his orally after earnings pretty volatile, so right
Speaker 1: now up about twenty five percent. Quarter before jump thirty
Speaker 1: eight percent. Quarter before that thirteen percent, So some wild
Speaker 1: swings again for a company in that infrastructure software automating
Speaker 1: or helping work as an open source database for automating, monitoring,
Speaker 1: and deploying.
Speaker 3: Backup, seeing a pretty big swing here, I see up
Speaker 3: twenty percent Credo Technology. What's going on over there?
Speaker 1: Yeah? Stocks tickers see our doo. This comes after, as
Speaker 1: analysts point out, another blowout quarter. So good earnings for
Speaker 1: some of these companies. So they're in the communications equipment space,
Speaker 1: so they've boughten wires and chips. Another company that maybe
Speaker 1: people had never heard of before today, but the stock
Speaker 1: trading at an all time high right now again up
Speaker 1: more than twenty percent. Tickers see our do. This is
Speaker 1: a company that again raise its outlook, raise its beat
Speaker 1: earnings on the top and bottom line, really showing that
Speaker 1: they're continuing to ramp up customer customer demands. Barclays calling
Speaker 1: out that their new product solutions are layering onto growth
Speaker 1: in twenty twenty seven and beyond. So Wall Street certainly
Speaker 1: likes companies that are delivering and guys. Another company that's
Speaker 1: larger than thirty billion dollars. So not picking small potatoes.
Speaker 3: And Bloomberg Intelligence has coverage research coverage of this. Jake
Speaker 3: Silverman in New York is our tech analysts covering this dock.
Speaker 3: If you want to read the research on CREDO. Big
Speaker 3: is the ticker to get you to Bloomberg Intelligence.
Speaker 1: One more, one more Boeing. Yeah right now almost eight
Speaker 1: percent ticker b A trading at the highest level since November,
Speaker 1: but biggest inturday gain since April. This comes after the
Speaker 1: company talked up the expectations for generating cash again in
Speaker 1: twenty twenty six. Uh. Again, it's been a rough go
Speaker 1: for Boeing over the last few years. I think they're
Speaker 1: out of the.
Speaker 3: They're out of the I almost say in the last
Speaker 3: nine months they're out of the doghouse, out of the
Speaker 3: out of there. I am a Boeing foundly house of mouse.
Speaker 3: But you don't fly though less less I get paid.
Speaker 3: I'm not playing anymore less people pay me to fly.
Speaker 3: So so I did some good news.
Speaker 1: There, Yeah, positive news again talking about expectations for positive
Speaker 1: free cash flow low single digits next year according to
Speaker 1: the CFO and presentation and Investor conference again, company that
Speaker 1: is trying to write the ship, if you will, seeing
Speaker 1: steady demand improving for their seven thirty seven Max seven
Speaker 1: eighty seven Dream minor jet. Kind of trying to again
Speaker 1: get ready to deliver on free cashful. Analysts expecting Bowing
Speaker 1: to generate two point four to six billion in free
Speaker 1: cash flow next year, so that would be an uptick
Speaker 1: from the first cash outflow nine months earlier this year.
Speaker 3: That was a long, multi year slog for Boweling to
Speaker 3: kind of right the ship after those crashes and whatnot.
Speaker 1: I mean, it's been one of those names that when
Speaker 1: you talk to investors, it's like, if you're going to
Speaker 1: invest in plane making companies, America is not going to
Speaker 1: outsource that.
Speaker 2: The Stock Movers 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 latest market
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