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 --> 00:00:15,880 Speaker 2: the stock market, harnessing the power of Bloomberg Data. 4 00:00:16,600 --> 00:00:18,800 Speaker 3: Let's take a look at some stocks on the move today. 5 00:00:19,120 --> 00:00:22,120 Speaker 3: Alexis CHRISTOPHERUS with stock Movers. What do you have? 6 00:00:22,360 --> 00:00:23,680 Speaker 4: I'm going to start with Oracle. 7 00:00:24,000 --> 00:00:27,040 Speaker 5: It's trying to put to bed those those concerns about, 8 00:00:27,120 --> 00:00:29,120 Speaker 5: you know, investing in AI and whether or not it's 9 00:00:29,120 --> 00:00:30,880 Speaker 5: going to pay off. It seems like it's paying off 10 00:00:30,880 --> 00:00:33,560 Speaker 5: for Oracle. So the stock is up about ten percent here. 11 00:00:34,200 --> 00:00:37,599 Speaker 5: Pre market reported strong sales for last quarter, issued an 12 00:00:37,600 --> 00:00:41,320 Speaker 5: outlook that suggests little let up here in demand for 13 00:00:41,360 --> 00:00:45,280 Speaker 5: AI computing. Revenue in Oracle's infrastructure business jumping to four 14 00:00:45,280 --> 00:00:48,800 Speaker 5: point nine billion in the quarter, surpassing estimates. And get this, 15 00:00:48,920 --> 00:00:52,360 Speaker 5: the company's total revenue will reach ninety billion dollars in 16 00:00:52,440 --> 00:00:54,560 Speaker 5: the fiscal year, handily beating estimates. 17 00:00:54,560 --> 00:00:56,280 Speaker 3: It was down sixty one percent. 18 00:00:56,400 --> 00:00:58,160 Speaker 4: I did not know that. 19 00:00:58,160 --> 00:00:58,680 Speaker 3: That's crazy. 20 00:00:58,720 --> 00:01:01,520 Speaker 1: How Larry Ellison's doing deal I mean Chat, GPT, Open 21 00:01:01,560 --> 00:01:04,160 Speaker 1: AI Meta, I mean, I mean Oracles then deals with all. 22 00:01:04,080 --> 00:01:05,920 Speaker 4: Of them yep, so you know. 23 00:01:06,000 --> 00:01:09,319 Speaker 5: Also, yeah, Chat, GPT, exactly meta all of those things, 24 00:01:09,520 --> 00:01:12,680 Speaker 5: you know, big time shoveling billions of dollars into these 25 00:01:13,040 --> 00:01:15,880 Speaker 5: massive bets, and Wall Street seems to like it. Oh yeah, 26 00:01:15,920 --> 00:01:18,039 Speaker 5: the stock was down twenty three percent to date. I 27 00:01:18,080 --> 00:01:19,600 Speaker 5: was surprised by that, and. 28 00:01:19,520 --> 00:01:24,039 Speaker 3: I would say that the guests are sort of re 29 00:01:24,040 --> 00:01:27,920 Speaker 3: reinvigorated about AI. I would say, in the last. 30 00:01:27,760 --> 00:01:28,319 Speaker 4: Seems that way. 31 00:01:28,360 --> 00:01:30,840 Speaker 5: Well, they're also I think focused on other things, right, 32 00:01:30,880 --> 00:01:33,880 Speaker 5: so we're not so yeah, you have a second stock, 33 00:01:34,360 --> 00:01:37,800 Speaker 5: of course I do. Campbell's all right, down five percent 34 00:01:37,880 --> 00:01:41,160 Speaker 5: here today, down eleven and a half percent year to date, 35 00:01:41,319 --> 00:01:44,319 Speaker 5: and in the past year down thirty eight percent. Ouch 36 00:01:45,360 --> 00:01:48,000 Speaker 5: cut its profit out look to the lowest in a decade. 37 00:01:48,160 --> 00:01:50,960 Speaker 4: This is a soap company, can this company? Correct? But 38 00:01:51,040 --> 00:01:52,400 Speaker 4: also a snacks company. 39 00:01:52,440 --> 00:01:57,000 Speaker 5: They own a whole sluice snacks, pretzels, the little goldfish, 40 00:01:57,120 --> 00:01:58,120 Speaker 5: kettle chips. 41 00:01:58,160 --> 00:02:02,200 Speaker 3: Excuse me, you mean have Pridge Firm gold. Yes, they 42 00:02:02,240 --> 00:02:03,800 Speaker 3: are my mother's favorite. 43 00:02:03,880 --> 00:02:04,559 Speaker 4: They're so good. 44 00:02:05,600 --> 00:02:07,520 Speaker 3: You move them with an old fashioned like a pro. 45 00:02:07,760 --> 00:02:08,320 Speaker 4: Continue. 46 00:02:09,480 --> 00:02:13,760 Speaker 5: There's a combination for you. So this next division missing expectations, 47 00:02:14,120 --> 00:02:18,200 Speaker 5: primarily driven by declines in ships and pressels, also supply 48 00:02:18,400 --> 00:02:22,200 Speaker 5: constraints related to fresh bakery and third party partner brands. 49 00:02:22,720 --> 00:02:25,000 Speaker 5: So this is impacting the company, and they also, you know, 50 00:02:25,040 --> 00:02:28,560 Speaker 5: are being impacted by the tariff situation and trying not 51 00:02:28,680 --> 00:02:31,560 Speaker 5: to have to raise prices on consumers. 52 00:02:31,960 --> 00:02:35,840 Speaker 3: So you know, ten year annualized return negative five point 53 00:02:36,080 --> 00:02:38,600 Speaker 3: per year. Let me ask you a question that was 54 00:02:38,639 --> 00:02:41,960 Speaker 3: asked ten years ago and twenty years ago, Damien, when 55 00:02:42,000 --> 00:02:44,280 Speaker 3: does somebody put Campbell's soup out of their misery? 56 00:02:46,080 --> 00:02:47,520 Speaker 1: Look, I mean, I don't know much about the company 57 00:02:47,560 --> 00:02:48,799 Speaker 1: and what it I mean, I didn't know that they 58 00:02:48,840 --> 00:02:51,240 Speaker 1: actually owned Pepperdge Farms. But the reality is I went 59 00:02:51,280 --> 00:02:54,000 Speaker 1: to school with one of the heirs to the Doran's family, 60 00:02:54,480 --> 00:02:58,959 Speaker 1: a Shock, and back at Vanderbilt and Cases he was 61 00:02:59,639 --> 00:03:02,040 Speaker 1: a great He's great dude. But listen, I mean, you know, 62 00:03:02,120 --> 00:03:04,639 Speaker 1: great company. I mean, it's certainly a consumer staple. I 63 00:03:04,680 --> 00:03:06,760 Speaker 1: guess you would put it, you would you put for sure. 64 00:03:06,840 --> 00:03:09,400 Speaker 5: Let's shot to innovate, right because folks are just not 65 00:03:09,560 --> 00:03:12,800 Speaker 5: eating this kind of food as much anymore as we 66 00:03:12,840 --> 00:03:14,920 Speaker 5: also look to healthy. 67 00:03:14,120 --> 00:03:16,960 Speaker 3: Yeah, growth since twenty twenty four. 68 00:03:17,160 --> 00:03:17,960 Speaker 4: And you had a big map. 69 00:03:18,040 --> 00:03:20,000 Speaker 5: Yeah, there's not much to get excited about. And I 70 00:03:20,000 --> 00:03:24,600 Speaker 5: think that's you know what, I have cream of mushroom 71 00:03:24,600 --> 00:03:28,080 Speaker 5: because I make that string being casserole thingy and you 72 00:03:28,160 --> 00:03:30,400 Speaker 5: need the cream of mushroom to be in it. But 73 00:03:30,480 --> 00:03:31,360 Speaker 5: I don't really You. 74 00:03:31,280 --> 00:03:33,320 Speaker 3: Probably of Hamburger helper. 75 00:03:33,800 --> 00:03:37,560 Speaker 4: Now I one more. Nebvius up ten percent. 76 00:03:38,280 --> 00:03:40,840 Speaker 5: It's popping after in video announced it's going to invest 77 00:03:40,880 --> 00:03:44,760 Speaker 5: two billion dollars in this AI cloud company. The announcement 78 00:03:44,760 --> 00:03:47,560 Speaker 5: comes a week, of course after in video unveiled strategic 79 00:03:47,600 --> 00:03:50,760 Speaker 5: partnerships with Lumentin and Coherent, so they just keep throwing 80 00:03:50,800 --> 00:03:53,600 Speaker 5: money at AI. As part of this deal, these companies 81 00:03:53,640 --> 00:03:57,000 Speaker 5: are going to collaborate on infrastructure fleet management, and Vidia 82 00:03:57,040 --> 00:04:00,320 Speaker 5: said the investment reflects it's confidence and Nevius is business 83 00:04:00,400 --> 00:04:01,880 Speaker 5: and engineering expertise. 84 00:04:02,000 --> 00:04:02,720 Speaker 4: Wow, oh wow. 85 00:04:02,960 --> 00:04:05,119 Speaker 5: What a cheerleader here for a nebus and we're seeing 86 00:04:05,160 --> 00:04:06,920 Speaker 5: the stock react in the pre market. 87 00:04:08,000 --> 00:04:12,240 Speaker 2: The Stockmover's report from Bloomberg Radio. 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