Speaker 1: Bloomberg Audio Studios, podcasts, radio news.
Speaker 2: The Stock Movers Report, your roundup of companies making moves
Speaker 2: in the stock market, harnessing the power of Bloomberg data.
Speaker 1: Let's take a look at some stocks on the move today.
Speaker 3: Alexis christoffers, well, let's try to live up to that
Speaker 3: and talk a little AT and T. That's it's hard
Speaker 3: to get that went wrong. So the ticker symbol there
Speaker 3: simply T, as in Tom.
Speaker 4: What you do in a trading desk is, yeah, Sweeney,
Speaker 4: buy me three hundred thousand shares of telephone.
Speaker 1: That's what it was. That's how I love very old
Speaker 1: fashioned yep. Okay, so here we go.
Speaker 3: Telephone up four and a half percent, a down ten
Speaker 3: percent year to date, so it could it could use
Speaker 3: the bump.
Speaker 1: Quarterly revenue ticked up.
Speaker 3: More customers signed up for its post paid phone and
Speaker 3: internet services. That's a big metric for these telecom companies.
Speaker 3: AT and T added four hundred and thirty two thousand
Speaker 3: net subscribers for its post paid phone service. That's about
Speaker 3: one hundred thousand more than estimates. And its postpaid aid
Speaker 3: phone churn, another big metric, was below one percent. It's
Speaker 3: also accelerating its planned share buyback program to about ten
Speaker 3: billion dollars, maintained its forward guidance, and still plans to
Speaker 3: return forty five billion at least to shareholders through twenty
Speaker 3: twenty eight through dividends.
Speaker 1: That was my last deal.
Speaker 4: With First Boston was the IPO of Google, My last
Speaker 4: deal on Wall Street. That was a pretty good one.
Speaker 3: That was a pretty nice one to be a part of.
Speaker 3: All right, good for you, Paul Sweeney. Let's move on
Speaker 3: to super Micro Computer shall we ticker symbol SMCI up
Speaker 3: thirteen percent here in the pre market after the company
Speaker 3: announced a record backlog with new orders surpassing sixty billion dollars.
Speaker 3: This is an AI server company, so again getting a
Speaker 3: boost from the big AI trade and you know, having
Speaker 3: to fire up all of those data centers that are
Speaker 3: being built around the country. The surprise margin expansion put
Speaker 3: super Micro's fourth quarter earnings on share to top or
Speaker 3: on track rather to top Wall Streets estimates.
Speaker 1: Yeah.
Speaker 3: Also, can I just say other companies like Dell, like
Speaker 3: Ulett Packard sort of in the same space as super
Speaker 3: Micro there rising as well.
Speaker 1: But IBM is out with learnings today after the debacle
Speaker 1: of x number of days quot right.
Speaker 3: You know it already warns, so I wonder how much
Speaker 3: lower might it go. I mean, I think it's sort
Speaker 3: of set wall straight up for what it's going to
Speaker 3: say after the bell.
Speaker 1: But we'll see. In a headline twenty minutes ago, Julian
Speaker 1: Emmanuel over evercore Isi, the moment of truth has arrived.
Speaker 1: I mean he's out of control, speaking on a control
Speaker 1: continue st Reddit.
Speaker 3: We know, Reddit, the social platform down seven percent today,
Speaker 3: down nearly twenty percent year to date. This is following
Speaker 3: reports that the social platform is threatening to block Google
Speaker 3: from using its content to train AI models. You know what,
Speaker 3: this is a growing trend, Politico saying this, yep. The
Speaker 3: economists USA Today, Reuters, they're all reevaluating their deals, their
Speaker 3: partnerships here with Google. According to the Wall Street Journal,
Speaker 3: Reddit executives are considering pulling the plug on Alphabet's access
Speaker 3: as the two companies negotiate a renewal of their data
Speaker 3: licensing agreement, which they inked about two years ago.
Speaker 1: It's not a small manner. I mean, now, somebody at
Speaker 1: some point's got to get paid, right for all that?
Speaker 1: Exactly exactly.
Speaker 4: I have read it on my phone now, the kids
Speaker 4: read it. Kids are forcing me don't use it. I'm
Speaker 4: starting missing something I do it for, like just weird
Speaker 4: stuff that I search for and I find that's not
Speaker 4: you know, just kind of off theat It sort.
Speaker 3: Of gives you the sort of the zeitgeist, like your
Speaker 3: finger on the pulse of what people are thinking.
Speaker 1: I don't take it too much to heart, but it's
Speaker 1: part of my overall search. If you will, Okay, you're mosaic.
Speaker 1: One more you want to sell.
Speaker 3: I actually want to about advanced nuclear reactor suppliers because
Speaker 3: we don't talk about them nearly as much as we should.
Speaker 3: Oklo and x Energy, both those stocks are up today.
Speaker 3: They are joining tech giants in a Trump administration led
Speaker 3: program here to speed the development of new power plants
Speaker 3: for AI data centers. This steel also includes the big ones,
Speaker 3: Microsoft and Nvidia as well, but Ochlo and.
Speaker 1: X Energy having a nice pre market today.
Speaker 2: This Domover's report from Bloomberg Radio. Check back with us
Speaker 2: throughout the day for the latest roundup of companies making
Speaker 2: news on Wall Street and for the latest market moving headlines.
Speaker 2: Listen to Bloomberg Radio Live, catch us on YouTube, Bloomberg
Speaker 2: dot com, and on Applecarplay and Android Auto with the
Speaker 2: Bloomberg Business app