WEBVTT - Super Micro and AT&T Pop; Reddit Dips

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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 data.

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<v Speaker 1>Let's take a look at some stocks on the move today.

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<v Speaker 3>Alexis christoffers, well, let's try to live up to that

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<v Speaker 3>and talk a little AT and T. That's it's hard

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<v Speaker 3>to get that went wrong. So the ticker symbol there

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<v Speaker 3>simply T, as in Tom.

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<v Speaker 4>What you do in a trading desk is, yeah, Sweeney,

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<v Speaker 4>buy me three hundred thousand shares of telephone.

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<v Speaker 1>That's what it was. That's how I love very old

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<v Speaker 1>fashioned yep. Okay, so here we go.

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<v Speaker 3>Telephone up four and a half percent, a down ten

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<v Speaker 3>percent year to date, so it could it could use

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<v Speaker 3>the bump.

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<v Speaker 1>Quarterly revenue ticked up.

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<v Speaker 3>More customers signed up for its post paid phone and

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<v Speaker 3>internet services. That's a big metric for these telecom companies.

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<v Speaker 3>AT and T added four hundred and thirty two thousand

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<v Speaker 3>net subscribers for its post paid phone service. That's about

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<v Speaker 3>one hundred thousand more than estimates. And its postpaid aid

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<v Speaker 3>phone churn, another big metric, was below one percent. It's

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<v Speaker 3>also accelerating its planned share buyback program to about ten

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<v Speaker 3>billion dollars, maintained its forward guidance, and still plans to

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<v Speaker 3>return forty five billion at least to shareholders through twenty

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<v Speaker 3>twenty eight through dividends.

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<v Speaker 1>That was my last deal.

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<v Speaker 4>With First Boston was the IPO of Google, My last

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<v Speaker 4>deal on Wall Street. That was a pretty good one.

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<v Speaker 3>That was a pretty nice one to be a part of.

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<v Speaker 3>All right, good for you, Paul Sweeney. Let's move on

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<v Speaker 3>to super Micro Computer shall we ticker symbol SMCI up

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<v Speaker 3>thirteen percent here in the pre market after the company

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<v Speaker 3>announced a record backlog with new orders surpassing sixty billion dollars.

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<v Speaker 3>This is an AI server company, so again getting a

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<v Speaker 3>boost from the big AI trade and you know, having

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<v Speaker 3>to fire up all of those data centers that are

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<v Speaker 3>being built around the country. The surprise margin expansion put

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<v Speaker 3>super Micro's fourth quarter earnings on share to top or

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<v Speaker 3>on track rather to top Wall Streets estimates.

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<v Speaker 1>Yeah.

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<v Speaker 3>Also, can I just say other companies like Dell, like

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<v Speaker 3>Ulett Packard sort of in the same space as super

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<v Speaker 3>Micro there rising as well.

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<v Speaker 1>But IBM is out with learnings today after the debacle

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<v Speaker 1>of x number of days quot right.

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<v Speaker 3>You know it already warns, so I wonder how much

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<v Speaker 3>lower might it go. I mean, I think it's sort

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<v Speaker 3>of set wall straight up for what it's going to

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<v Speaker 3>say after the bell.

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<v Speaker 1>But we'll see. In a headline twenty minutes ago, Julian

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<v Speaker 1>Emmanuel over evercore Isi, the moment of truth has arrived.

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<v Speaker 1>I mean he's out of control, speaking on a control

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<v Speaker 1>continue st Reddit.

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<v Speaker 3>We know, Reddit, the social platform down seven percent today,

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<v Speaker 3>down nearly twenty percent year to date. This is following

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<v Speaker 3>reports that the social platform is threatening to block Google

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<v Speaker 3>from using its content to train AI models. You know what,

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<v Speaker 3>this is a growing trend, Politico saying this, yep. The

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<v Speaker 3>economists USA Today, Reuters, they're all reevaluating their deals, their

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<v Speaker 3>partnerships here with Google. According to the Wall Street Journal,

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<v Speaker 3>Reddit executives are considering pulling the plug on Alphabet's access

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<v Speaker 3>as the two companies negotiate a renewal of their data

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<v Speaker 3>licensing agreement, which they inked about two years ago.

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<v Speaker 1>It's not a small manner. I mean, now, somebody at

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<v Speaker 1>some point's got to get paid, right for all that?

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<v Speaker 1>Exactly exactly.

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<v Speaker 4>I have read it on my phone now, the kids

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<v Speaker 4>read it. Kids are forcing me don't use it. I'm

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<v Speaker 4>starting missing something I do it for, like just weird

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<v Speaker 4>stuff that I search for and I find that's not

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<v Speaker 4>you know, just kind of off theat It sort.

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<v Speaker 3>Of gives you the sort of the zeitgeist, like your

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<v Speaker 3>finger on the pulse of what people are thinking.

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<v Speaker 1>I don't take it too much to heart, but it's

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<v Speaker 1>part of my overall search. If you will, Okay, you're mosaic.

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<v Speaker 1>One more you want to sell.

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<v Speaker 3>I actually want to about advanced nuclear reactor suppliers because

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<v Speaker 3>we don't talk about them nearly as much as we should.

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<v Speaker 3>Oklo and x Energy, both those stocks are up today.

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<v Speaker 3>They are joining tech giants in a Trump administration led

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<v Speaker 3>program here to speed the development of new power plants

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<v Speaker 3>for AI data centers. This steel also includes the big ones,

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<v Speaker 3>Microsoft and Nvidia as well, but Ochlo and.

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<v Speaker 1>X Energy having a nice pre market today.

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

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