WEBVTT - SpaceX Rises, Seagate Drops, Marriott Slides on Earnings Miss

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

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

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

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<v Speaker 1>Data, Let's take a look at some of the individual

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<v Speaker 1>stocks on the move today. We can do that with Christina,

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<v Speaker 1>you know, managing editor for Markets Live. She joins us

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<v Speaker 1>here in studio, Christine, what are you looking at? Ticker

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<v Speaker 1>SPCX and oom shares are of three and a half percent. Interestingly, earlier,

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<v Speaker 1>it hit an all time low, actually a one o

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<v Speaker 1>four eighty three, and a lot of division in views

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<v Speaker 1>ahead of its earnings on Tuesday after the bell. So

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<v Speaker 1>among the things that investors are going to be looking

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<v Speaker 1>for is whether the Ibo hype was indeed justified by

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<v Speaker 1>its financials and fundamentals. And heading into that, there's a

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<v Speaker 1>big divergence between the bullish embarished analyst calls for the

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<v Speaker 1>stock eight hundred for Raymond James and then on the

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<v Speaker 1>low end sixty two dollars for Morning Starsnder has a

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<v Speaker 1>wide wide range, a lot of very divergent expectations heading

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<v Speaker 1>into the earnings. But one question, as Bloomber Tech anchor

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<v Speaker 1>frames it for us at Lulow frames it for us

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<v Speaker 1>is the big question for investors is how much synergy

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<v Speaker 1>does SpaceX have with Tesla, seeing as they do share

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<v Speaker 1>a number of technologies already, and there's been a bit

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<v Speaker 1>of talk about a potential merger between the two companies

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<v Speaker 1>at some point down the line, and so that's definitely

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<v Speaker 1>something that investors are going to be asking about, according

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<v Speaker 1>to Ed Ludlow anyway, so we'll see if that's one

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<v Speaker 1>of the themes that emerge in the earnings qual on Tuesday.

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<v Speaker 1>The biggest synergy is Elon.

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<v Speaker 2>Musk because he wants it to hop.

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<v Speaker 1>All right, now, next up on your list, All right,

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<v Speaker 1>let's take of a good cgay today. So took her stxers.

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<v Speaker 1>There's not doing to hodge this morning, they were down

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<v Speaker 1>about three point seven percent. We did get their earnings

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<v Speaker 1>last week, fourth quarter results beating estimates, and there was

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<v Speaker 1>an upbeat revenue forecast for twenty twenty six as well,

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<v Speaker 1>but clearly not necessarily filtering through the stock today. Bloomberg

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<v Speaker 1>Intelligence is Woujenho does weigh in for its more upbe future,

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<v Speaker 1>saying that the CATE does continue to capture scale benefits

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<v Speaker 1>from cloud demand for higher capacity hard drives, because of

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<v Speaker 1>the AI infrastructure build out, and they also very much

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<v Speaker 1>enjoy this pricing power at the moment. And on top

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<v Speaker 1>of that there is build to order visibility and operating

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<v Speaker 1>discipline that can drive continued margin expansion. Not doing so

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<v Speaker 1>hot for the shares today, but seems like a more

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<v Speaker 1>optimistic outlook longer term memory. Ette Mariott. Of course we

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<v Speaker 1>dig get the earnings results earlier to a little bit

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<v Speaker 1>of disappointment there, so ticker mar those shares are currently

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<v Speaker 1>down about six point six percent. You know, again its

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<v Speaker 1>second corridor adjusted EPs beating estimates at three nineteen versus

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<v Speaker 1>three oh five, and the twenty two and six outlook

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<v Speaker 1>also upbeat. But it really was the downbeat forecast for

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<v Speaker 1>his third quarter that really hurt those shares. I mean,

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<v Speaker 1>Blueger intelligence is Brian Egger. I know we'll hear from

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<v Speaker 1>him later, but you know, the preview of his view,

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<v Speaker 1>it was really all about the second quarter RevPAR right,

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<v Speaker 1>this is the revenue per available room that was a

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<v Speaker 1>disappointment to investor.

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

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