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Speaker 1: Bloomberg Audio Studios, Podcasts, radio News.

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Speaker 2: The Stock Movers Report, your roundup of companies making moves

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Speaker 2: in the stock market, harnessing the power of Bloomberg Data.

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Speaker 3: I'm Jim Steneveeck along with Carol Masser. Let's take a

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Speaker 3: look at some stocks on the move today. Joining us

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Speaker 3: now is Bloomberg News cross Asset reporter Emily Griffeo. She

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Speaker 3: joins us here in the studio. Emily Company is still

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Speaker 3: reporting earnings and that's causing stocks to make some pretty

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Speaker 3: big moves.

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Speaker 4: Yeah, that's usually what tends to happen.

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Speaker 1: Because it's like, really the tail end of earnings obvious.

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Speaker 3: Surrounded by people who are so kind. I love it.

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Speaker 4: Yeah, it's been a pretty good earning season for most

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Speaker 4: of the S and P five hundred companies. Companies beating

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Speaker 4: on EPs. But Salesforce is a stock that's not doing

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Speaker 4: too well. The tickers CRN's down about five percent, biggest

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Speaker 4: drop since April, and it was down as much as

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Speaker 4: about eight point five percent. They projected lackluster quarterly sales growth.

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Speaker 4: They see revenue ten point two billion to about ten

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Speaker 4: point two nine billion, which was the estimate. So they

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Speaker 4: didn't miss that much. But the talk on Wall Street

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Speaker 4: now is that this is kind of sparking a little

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Speaker 4: bit of an AI anxiety. They're an incumbent software provider,

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Speaker 4: and so there's this fear that maybe newer, up and

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Speaker 4: coming AI companies are going to be able to kind

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Speaker 4: of right bleak you out these incumbent.

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Speaker 1: Exactly, like maybe we won't need all their services, right

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Speaker 1: AI will be doing it, which is kind of wild.

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Speaker 1: You have good genes, tim as good jeens. I have

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Speaker 1: good genes.

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Speaker 3: Just an AD. Yeah, it's never just an AD.

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Speaker 4: I think learning what the market is telling us is

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Speaker 4: that it is just an AD, and perhaps this is

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Speaker 4: a lesson in you know, all publicity pulsed at the

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Speaker 4: end of the day. Of course, we're talking about American Eagle,

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Speaker 4: a record jump in the stock ticker AO. It's up

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Speaker 4: thirty five percent. It's actually the highest level since twenty

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Speaker 4: twenty four because the stock had been going down. It

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Speaker 4: had been a rough ride for this retailer that's kind

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Speaker 4: of known for a middle school close at least that's

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Speaker 4: how I think of it. But yeah, they came out

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Speaker 4: they said that they were pretty better than expected second

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Speaker 4: quarter revenue, and they did attribute it to some success

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Speaker 4: following the Sydney Sweeney ad campaign. Everyone was talking about.

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Speaker 3: It and Travis Kelcey ad campaign.

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Speaker 4: Yes, and Travis kelce.

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Speaker 3: I was talking about it.

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Speaker 2: Yeah.

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Speaker 3: Yeah, well the President was talking about Crocker Barrel too.

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Speaker 3: That wasn't a good thing for the company.

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Speaker 4: We just have all these.

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Speaker 1: People on how much social media momentum over this, like,

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Speaker 1: thank you? It's incredible advertising.

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Speaker 4: Yeah, it feels a little bit like meme stocky. It

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Speaker 4: definitely has some hallmarks of that when you see a

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Speaker 4: jump of this magnitude. But yeah, a record high in America,

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Speaker 4: New Yor.

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Speaker 1: Right now, all right, I love that you're going to

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Speaker 1: go to this next one because it's among the most

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Speaker 1: red story on the Bloomberg terminal. Tro price just got

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Speaker 1: about thirty seconds.

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Speaker 4: Yeah, TROW price ticker TROW, it's up about six percent

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Speaker 4: right now, is up over twelve percent on a partnership

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Speaker 4: with Goldman Sacks. Goldman is going to be investing as

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Speaker 4: much as a billion dollars in ti ROW and they're

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Speaker 4: basically partnering up to sell private market products to retail investors.

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Speaker 4: This is the theme of twenty twenty five. Everyone on

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Speaker 4: Wall Street trying to package up private markets and sell

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Speaker 4: it to anyone who's willing to buy. So, even if

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Speaker 4: that means teaming up with kind of someone who's a competitor,

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Speaker 4: it's a move that at Wall Street.

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Speaker 3: How's it going to end?

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Speaker 1: Carol Strange Bedfel I know, John Tucker this morning, what

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Speaker 1: could go wrong? What could go wrong?

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Speaker 2: The stock Mover's report from Bloomberg Radio. Check back with

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Speaker 2: us throughout the day for the latest roundup of companies

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Speaker 2: making news on Wall Street and for the latest market

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Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube,

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Speaker 2: Bloomberg dot com, and on Applecarplay and Android Auto with

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Speaker 2: the Bloomberg Business app. Mm hmm