WEBVTT - Oracle Soars on Strong AI Cloud Sales; Campbell’s Cuts Outlook; Nvidia Invests $2 Billion to Nebius

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

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<v Speaker 2>Stock Movers Report, your roundup of companies making moves in

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<v Speaker 2>the stock market, harnessing the power of Bloomberg Data.

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<v Speaker 3>Let's take a look at some stocks on the move today.

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<v Speaker 3>Alexis CHRISTOPHERUS with stock Movers. What do you have?

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<v Speaker 4>I'm going to start with Oracle.

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<v Speaker 5>It's trying to put to bed those those concerns about,

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<v Speaker 5>you know, investing in AI and whether or not it's

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<v Speaker 5>going to pay off. It seems like it's paying off

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<v Speaker 5>for Oracle. So the stock is up about ten percent here.

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<v Speaker 5>Pre market reported strong sales for last quarter, issued an

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<v Speaker 5>outlook that suggests little let up here in demand for

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<v Speaker 5>AI computing. Revenue in Oracle's infrastructure business jumping to four

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<v Speaker 5>point nine billion in the quarter, surpassing estimates. And get this,

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<v Speaker 5>the company's total revenue will reach ninety billion dollars in

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<v Speaker 5>the fiscal year, handily beating estimates.

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<v Speaker 3>It was down sixty one percent.

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<v Speaker 4>I did not know that.

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<v Speaker 3>That's crazy.

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<v Speaker 1>How Larry Ellison's doing deal I mean Chat, GPT, Open

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<v Speaker 1>AI Meta, I mean, I mean Oracles then deals with all.

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<v Speaker 4>Of them yep, so you know.

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<v Speaker 5>Also, yeah, Chat, GPT, exactly meta all of those things,

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<v Speaker 5>you know, big time shoveling billions of dollars into these

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<v Speaker 5>massive bets, and Wall Street seems to like it. Oh yeah,

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<v Speaker 5>the stock was down twenty three percent to date. I

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<v Speaker 5>was surprised by that, and.

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<v Speaker 3>I would say that the guests are sort of re

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<v Speaker 3>reinvigorated about AI. I would say, in the last.

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<v Speaker 4>Seems that way.

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<v Speaker 5>Well, they're also I think focused on other things, right,

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<v Speaker 5>so we're not so yeah, you have a second stock,

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<v Speaker 5>of course I do. Campbell's all right, down five percent

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<v Speaker 5>here today, down eleven and a half percent year to date,

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<v Speaker 5>and in the past year down thirty eight percent. Ouch

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<v Speaker 5>cut its profit out look to the lowest in a decade.

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<v Speaker 4>This is a soap company, can this company? Correct? But

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<v Speaker 4>also a snacks company.

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<v Speaker 5>They own a whole sluice snacks, pretzels, the little goldfish,

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<v Speaker 5>kettle chips.

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<v Speaker 3>Excuse me, you mean have Pridge Firm gold. Yes, they

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<v Speaker 3>are my mother's favorite.

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<v Speaker 4>They're so good.

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<v Speaker 3>You move them with an old fashioned like a pro.

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<v Speaker 4>Continue.

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<v Speaker 5>There's a combination for you. So this next division missing expectations,

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<v Speaker 5>primarily driven by declines in ships and pressels, also supply

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<v Speaker 5>constraints related to fresh bakery and third party partner brands.

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<v Speaker 5>So this is impacting the company, and they also, you know,

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<v Speaker 5>are being impacted by the tariff situation and trying not

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<v Speaker 5>to have to raise prices on consumers.

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<v Speaker 3>So you know, ten year annualized return negative five point

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<v Speaker 3>per year. Let me ask you a question that was

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<v Speaker 3>asked ten years ago and twenty years ago, Damien, when

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<v Speaker 3>does somebody put Campbell's soup out of their misery?

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<v Speaker 1>Look, I mean, I don't know much about the company

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<v Speaker 1>and what it I mean, I didn't know that they

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<v Speaker 1>actually owned Pepperdge Farms. But the reality is I went

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<v Speaker 1>to school with one of the heirs to the Doran's family,

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<v Speaker 1>a Shock, and back at Vanderbilt and Cases he was

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<v Speaker 1>a great He's great dude. But listen, I mean, you know,

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<v Speaker 1>great company. I mean, it's certainly a consumer staple. I

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<v Speaker 1>guess you would put it, you would you put for sure.

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<v Speaker 5>Let's shot to innovate, right because folks are just not

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<v Speaker 5>eating this kind of food as much anymore as we

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<v Speaker 5>also look to healthy.

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<v Speaker 3>Yeah, growth since twenty twenty four.

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<v Speaker 4>And you had a big map.

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<v Speaker 5>Yeah, there's not much to get excited about. And I

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<v Speaker 5>think that's you know what, I have cream of mushroom

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<v Speaker 5>because I make that string being casserole thingy and you

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<v Speaker 5>need the cream of mushroom to be in it. But

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<v Speaker 5>I don't really You.

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<v Speaker 3>Probably of Hamburger helper.

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<v Speaker 4>Now I one more. Nebvius up ten percent.

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<v Speaker 5>It's popping after in video announced it's going to invest

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<v Speaker 5>two billion dollars in this AI cloud company. The announcement

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<v Speaker 5>comes a week, of course after in video unveiled strategic

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<v Speaker 5>partnerships with Lumentin and Coherent, so they just keep throwing

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<v Speaker 5>money at AI. As part of this deal, these companies

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<v Speaker 5>are going to collaborate on infrastructure fleet management, and Vidia

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<v Speaker 5>said the investment reflects it's confidence and Nevius is business

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<v Speaker 5>and engineering expertise.

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<v Speaker 4>Wow, oh wow.

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<v Speaker 5>What a cheerleader here for a nebus and we're seeing

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<v Speaker 5>the stock react in the pre market.

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<v Speaker 2>The Stockmover's report from Bloomberg Radio. Check back with us

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