Speaker 1: Bloomberg Audio Studios, podcasts, radio.
Speaker 2: News, the Stock Movers Report, your roundup of companies making
Speaker 2: moves in the stock market, harnessing the power of Bloomberg Data.
Speaker 3: Let's get to some of those stocks on the move here,
Speaker 3: especially in the aftermarket, with us to do that, Bloomberg
Speaker 3: News Cross Asset reporter Isabelle Lee.
Speaker 1: A lot going on. It's kind of been exciting to
Speaker 1: cover this, but let's start with Nvidia.
Speaker 4: We have to start with in video. It's just the
Speaker 4: world's most valuable company. So they all again, still another
Speaker 4: bullish quarter that quarterly revenue forecasts. The stock is up
Speaker 4: by around two point eight percent of the after market,
Speaker 4: so that signals again that the massive build out of
Speaker 4: AI computing remains on track. So this really isn't the
Speaker 4: shock investors we're expecting it. I must say that earnings
Speaker 4: did come a little later. If you follow the blog
Speaker 4: tliv go, usually it comes out at four twenty, and
Speaker 4: it came out a few minutes later.
Speaker 1: We re glued to the view. We're just starting here, yeah,
Speaker 1: waiting for.
Speaker 4: He said, there's a bit effect speculation. Some folks are
Speaker 4: saying it's usually a sign of impending news, but others
Speaker 4: say it's herald of good things, but I guess it's
Speaker 4: the latter so fiscal.
Speaker 1: So you get them the calling analysts and investors. You're like, so,
Speaker 1: what the heck was going on? Why was this late? Right?
Speaker 4: I mean they also say that Jensen Van's leather jacket
Speaker 4: is also a signal that some people take.
Speaker 1: A fed chair in the nineteen seventies, Carrocras. Maybe they
Speaker 1: could decide which jacket to wear on the call.
Speaker 2: You look at, you know, the briefcat that he's carrying
Speaker 2: or the folder that he's carrying.
Speaker 1: That would be great, bigger right, No, you've made it.
Speaker 4: I want people to dissect me like that. Okay, So
Speaker 4: fiscal first quarter sales will be about seventy eight billion.
Speaker 4: That's higher than average estimates. I want to point out though,
Speaker 4: the company yet again is not offering any positive on China.
Speaker 4: They said that we're not assuming any data sent their
Speaker 4: compute revenue from China and our outlook. That's according to
Speaker 4: their CFO.
Speaker 1: But they are going to be selling right. They did
Speaker 1: get some permits. Yeah, n video from the US government.
Speaker 1: Check out all the details for that. On the Bloomberg terminal,
Speaker 1: A salesforce taker CRM what's going on there.
Speaker 4: The stock is down nearly five percent. They gave a
Speaker 4: loopwarm outlook for sales growth in the new fiscal year,
Speaker 4: so not a good sign. And again this goes the
Speaker 4: other way, fuels investor concerns about whether the company will
Speaker 4: lose out to their rival. So revenue will be about
Speaker 4: forty six billion dollars in the fiscal year ending in
Speaker 4: January twenty twenty seven. It's in line with estimates, but
Speaker 4: I don't think in line is cutting it for anyone.
Speaker 4: They just want you to surpass and surpass and surpass.
Speaker 4: So Salesforce, they are the leading maker of customer management software.
Speaker 4: They become the poster child when it comes to Wall
Speaker 4: Street's anxieties about AI, when it comes to the impact
Speaker 4: on established vendors, because it is one of the leaders
Speaker 4: in the space.
Speaker 3: I keep going back to this number. The stock is
Speaker 3: down fifty percent since late December of twenty twenty four,
Speaker 3: and so it's just been under a lot of pressure.
Speaker 4: Yeah, right, not a great time, but it's.
Speaker 3: All Mark Benniov says, we're well on our way to
Speaker 3: sixty three billion in annual revenue in fiscal.
Speaker 1: Year twenty thirty. Yes, that's a whiles away. They also
Speaker 1: say that their FI year. Yeah, exactly, that's true. That's true.
Speaker 1: Still Isabelle? What about snowflake? Snow is the ticker? Yes,
Speaker 1: I do love that ticker. Stock is down by one?
Speaker 1: Did you just do it because we're surrounded by snow?
Speaker 4: I wish I did, but I'm going to pretend that
Speaker 4: I did. Yes, reported alrictly to talk about it.
Speaker 1: We love our got twenty seconds.
Speaker 4: They gave an outlook for quarterly sales that was inline
Speaker 4: with estimates. Again that disappointed investors because in line is in.
Speaker 1: Line not enough. It's not enough, so the stock is down.
Speaker 4: Most analysts expect that sales from the use of AI
Speaker 4: within its platform is still limited.
Speaker 2: The stock Mover's report from Bloomberg Radio. Check back with
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