WEBVTT - Closing Bell: TJX Soars, Constellation Energy Gains, Lowe's Falls

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<v Speaker 1>Bloomberg Audio Studios, podcasts, radio news.

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<v Speaker 2>This is the closing bell on this stock movers report

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<v Speaker 2>the company's making moves at the close of US trading

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<v Speaker 2>with Carol Masser, Tim Stenebeck, Romain Bostik, and Katie Greifeler.

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<v Speaker 1>Let's get to some of the gainers in today's session again,

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<v Speaker 1>all eyes on in video worth checking in on how

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<v Speaker 1>that stock did today up one point three percent. Remember

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<v Speaker 1>we are kind of just a couple of weeks ago

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<v Speaker 1>watching six trillion as the market cap for this company

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<v Speaker 1>up now up this year just about twenty percent going

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<v Speaker 1>into today's print, the market value of about five point

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<v Speaker 1>four trillion dollars. As far as numbers go, revenue estimate

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<v Speaker 1>for the first quarter seventy nine point one five billion dollars.

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<v Speaker 1>The revenue estimate for the second quarter analysts ce eighty

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<v Speaker 1>seven point two billion dollars. In for the year see

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<v Speaker 1>three hundred and seventy point eight billion dollars. So some

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<v Speaker 1>of the numbers to keep in mind ahead of that print.

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<v Speaker 1>Adjusted grow margin estimate to the tune of seventy five

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<v Speaker 1>percent for the second quarter, and adjusted operating expense estimate

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<v Speaker 1>seven point six seven billion dollars just a few numbers

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<v Speaker 1>ahead of that print in just about seventeen minutes. Also

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<v Speaker 1>questions I think a lot of consumers and a lot

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<v Speaker 1>of analysts and investors have when it comes to competition,

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<v Speaker 1>especially with tune of Broadcom, AMD, Google and more so,

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<v Speaker 1>keep an ear out on the call for any questions

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<v Speaker 1>about that. And speaking of AI, let's talk a little

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<v Speaker 1>bit about some power utility stocks moving in today's session

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<v Speaker 1>to the upside. Utility stocks climbing after PGM Interconnection accelerated

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<v Speaker 1>plans to pair data centers with energy producers to feed

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<v Speaker 1>the demands of AI development. You've got Constellation Hier today

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<v Speaker 1>by seven point nine percent. You've got Vistra Corp up

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<v Speaker 1>by six point nine percent. The PGM changes are now

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<v Speaker 1>expected out power producers secure additional data center contracts and

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<v Speaker 1>reduce the risk of prolonged uncertainty heading into twenty twenty seven.

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<v Speaker 1>And a little retail on this Wednesday afternoon. Tjx Co's,

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<v Speaker 1>the parent company of TJ Max and Marshall's hier in

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<v Speaker 1>today's session by five point seven percent. The company raised

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<v Speaker 1>as sales growth expectations for the year. Caut shoppers are

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<v Speaker 1>spending on lower priced goods at the company's discount chains.

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<v Speaker 3>Emily a little retail, maybe a lot of retail, because

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<v Speaker 3>I also have a retail stock for my first decliner target.

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<v Speaker 3>Share is falling about four percent today. The company's earnings

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<v Speaker 3>results honestly not that bad. However, the retailer did warn

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<v Speaker 3>investors after striking a more cautious tone about the coming months.

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<v Speaker 3>So comp sales jumped five point six percent last quarter.

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<v Speaker 3>It was the biggest increase since the end of twenty

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<v Speaker 3>twenty one, and actually triple the gain analysts we're expecting. However,

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<v Speaker 3>executives warned on the earnings call that there are tougher

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<v Speaker 3>comps in the current quarter, more cost challenges ahead, and

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<v Speaker 3>the benefit of tax refunds on its business are also fadings.

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<v Speaker 3>Dot stock down again, closing about four percent lower. Another

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<v Speaker 3>decliner on this Wednesday has broke the guideans disappointing in

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<v Speaker 3>this earning result coming out today that stock down about

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<v Speaker 3>eight percent. The company maintained a sales forecast for the

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<v Speaker 3>year that was on the low end of what analysts expected.

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<v Speaker 3>The toymaker home to Gi Joe action figures and the

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<v Speaker 3>playing cards Magic the Gathering. I don't play either of

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<v Speaker 3>these games. I'm not sure if you do, Tim. They

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<v Speaker 3>reported that sales in the first Yeah, I feel like Roman's.

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<v Speaker 1>A big oh yaig yeah, Okay, got it.

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<v Speaker 3>They reported sales in the first quarter rose thirteen percent

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<v Speaker 3>to one billion. Revenue for the company's games unit rose

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<v Speaker 3>twenty six percent, but was flat in traditional toys and

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<v Speaker 3>declined in its entertainment business. Finally, one chip stock. Of

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<v Speaker 3>course we're all watching in video, but there was one

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<v Speaker 3>chip stock that already reported analog devices. They actually reported

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<v Speaker 3>second quarter results that beat expectations and give an outlook

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<v Speaker 3>that some actually saw as strong. But we are seeing

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<v Speaker 3>that stock lower by about four percent. It was up

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<v Speaker 3>about fifty percent year to date heading into the earnings report,

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<v Speaker 3>so it could have been a little case of the

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<v Speaker 3>bar just being very high.

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<v Speaker 2>The Stockmovers report from Bloomberg Radio. Check back with us

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<v Speaker 2>throughout the day for the latest roundup of companies making

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<v Speaker 2>news on Wall Street and for the latest market moving headlines.

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