1 00:00:02,520 --> 00:00:09,960 Speaker 1: Bloomberg Audio Studios, podcasts, radio News, The Stock Movers Report, 2 00:00:10,280 --> 00:00:13,520 Speaker 1: your roundup of companies making moves in the stock market, 3 00:00:13,680 --> 00:00:16,880 Speaker 1: harnessing the power of Bloomberg Data. Let's take a look 4 00:00:16,920 --> 00:00:18,599 Speaker 1: at some of the stocks on the move today, and 5 00:00:18,600 --> 00:00:20,560 Speaker 1: we can do that with Bloomer's touch. 6 00:00:20,480 --> 00:00:22,360 Speaker 2: On a Davia Touchana. What are looking at? Well, let 7 00:00:22,360 --> 00:00:24,960 Speaker 2: me start with some good news, because there are pockets 8 00:00:24,960 --> 00:00:27,480 Speaker 2: off screen on the screen even in this ugly open 9 00:00:27,840 --> 00:00:30,760 Speaker 2: Marvel Technology is one stock moving to the upside, up 10 00:00:30,880 --> 00:00:34,839 Speaker 2: sixteen percent, after delivering a bullish sales outlook saying that 11 00:00:35,120 --> 00:00:39,440 Speaker 2: data center demand was growing even faster than anticipated. California 12 00:00:39,479 --> 00:00:42,440 Speaker 2: based company now expects fiscal twenty twenty seven revenue to 13 00:00:42,479 --> 00:00:46,440 Speaker 2: grow to eleven billion. That compares to previous estimates for 14 00:00:46,520 --> 00:00:49,920 Speaker 2: about ten billion. This comes as the cloud computing operators 15 00:00:49,920 --> 00:00:53,920 Speaker 2: are boosting their capital spending, something we know very well. 16 00:00:54,120 --> 00:00:56,720 Speaker 2: But Marvel is a major player in the market for 17 00:00:56,920 --> 00:01:00,640 Speaker 2: application specific circuit chips, which is our A which are 18 00:01:00,680 --> 00:01:04,880 Speaker 2: the custom chips that compete with Nvidia. So there's still 19 00:01:04,920 --> 00:01:06,880 Speaker 2: pockets of green in this AI trade. 20 00:01:07,280 --> 00:01:11,319 Speaker 1: Yeah yeah, interesting, yeah, yeah, all right, well not pockets 21 00:01:11,319 --> 00:01:11,640 Speaker 1: of green. 22 00:01:12,880 --> 00:01:15,039 Speaker 2: Let's talk about your next job. Yeah, what's going on there? 23 00:01:15,200 --> 00:01:15,440 Speaker 1: Yeah? 24 00:01:15,600 --> 00:01:18,280 Speaker 2: Not pockets of green. When it comes to the consumer, 25 00:01:18,360 --> 00:01:22,480 Speaker 2: gap shares falling thirteen percent after reporting fourth quarter sales 26 00:01:22,520 --> 00:01:27,280 Speaker 2: and profit that came in below expectations as two chains underperformed. 27 00:01:27,480 --> 00:01:31,520 Speaker 2: All Navy, the company's biggest brand, and Atleta, its smallest, 28 00:01:31,600 --> 00:01:36,039 Speaker 2: both missed comparable sales estimates. Results show that it's turnaround 29 00:01:36,160 --> 00:01:40,680 Speaker 2: remains uneven as plans to revitalize Atleta are still taking time. 30 00:01:41,040 --> 00:01:44,840 Speaker 2: But this is overshadowing Actually a better than expected profit 31 00:01:44,959 --> 00:01:48,520 Speaker 2: for the full year and sales range in line with estimates, 32 00:01:48,520 --> 00:01:52,360 Speaker 2: So it appears that jitters are really concentrated for this brand, 33 00:01:52,440 --> 00:01:55,880 Speaker 2: and analysts calling it relatively bland in the world of 34 00:01:56,200 --> 00:01:58,680 Speaker 2: Lululemon and other brands. I don't know, maybe you guys 35 00:01:59,120 --> 00:01:59,920 Speaker 2: would disagree there. 36 00:02:00,480 --> 00:02:02,640 Speaker 1: I don't think either was are Lulu Lemon people right? 37 00:02:03,120 --> 00:02:06,320 Speaker 2: No, no, But everybody else says, like, you know, Alex 38 00:02:06,320 --> 00:02:10,200 Speaker 2: Steel Scarlett will say, like Lululemon but pricey, and I 39 00:02:10,200 --> 00:02:12,520 Speaker 2: can probably get something similar for less. That's kind of 40 00:02:12,560 --> 00:02:15,480 Speaker 2: feedback I've gotten. And apparently their last line of leggings 41 00:02:15,520 --> 00:02:18,639 Speaker 2: is see through, so that's a good Oh interesting, that 42 00:02:18,680 --> 00:02:22,400 Speaker 2: could be a strategy Blue Owl. Blue Owl the private 43 00:02:22,480 --> 00:02:26,440 Speaker 2: credit firm under pressure again today, down six percent after 44 00:02:26,440 --> 00:02:29,639 Speaker 2: Bloomberg reported that it has nearly forty eight million dollar 45 00:02:29,760 --> 00:02:34,320 Speaker 2: exposure to the collapse UK lender Century Capital Partners. Sources 46 00:02:34,320 --> 00:02:37,600 Speaker 2: tell Bloomberg that Blue Owl funded the riskiest trench of loans. 47 00:02:37,639 --> 00:02:40,880 Speaker 2: They are originated by Century, a lender that is focused 48 00:02:40,919 --> 00:02:44,200 Speaker 2: on high end central London real estate, and the company 49 00:02:44,320 --> 00:02:47,240 Speaker 2: entered administration, which is really a fancy term to describe 50 00:02:47,320 --> 00:02:51,240 Speaker 2: insolvency process in the UK days after a larger rival, 51 00:02:51,360 --> 00:02:55,880 Speaker 2: Market Financial Solutions, fell into a UK form of Insolveacity. 52 00:02:56,040 --> 00:02:59,280 Speaker 2: So I picked the stock because private credit is such 53 00:02:59,280 --> 00:03:01,520 Speaker 2: a big worry of right now, and here we are 54 00:03:01,720 --> 00:03:04,000 Speaker 2: the Dominus kip falling in this space. 55 00:03:05,360 --> 00:03:09,560 Speaker 1: The Stockmovers report from Bloomberg Radio. 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