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 --> 00:00:13,360 Speaker 1: your roundup of companies making moves in the stock market. 3 00:00:13,680 --> 00:00:17,640 Speaker 1: Harnessing the power of Bloomberg Data, Let's take a look 4 00:00:17,640 --> 00:00:18,960 Speaker 1: at some of the stocks on the move today. We're 5 00:00:19,000 --> 00:00:22,680 Speaker 1: joined by Bloomberg's Markets correspondent Nora Me Linda Nor. What 6 00:00:22,680 --> 00:00:23,400 Speaker 1: are you looking at today? 7 00:00:23,480 --> 00:00:24,960 Speaker 2: Lots of green on the screen today, but I'm gonna 8 00:00:24,960 --> 00:00:26,520 Speaker 2: give you some names in the red. I'm looking at 9 00:00:26,560 --> 00:00:29,800 Speaker 2: shares of Nike. That's ticker INKE. This was an earnings 10 00:00:29,840 --> 00:00:32,440 Speaker 2: report that we received last night. We are seeing shares 11 00:00:32,479 --> 00:00:34,880 Speaker 2: lower down about nine percent right now as we speak, 12 00:00:35,040 --> 00:00:37,160 Speaker 2: this after the company is really warning that sales would 13 00:00:37,159 --> 00:00:40,840 Speaker 2: decline this quarter. They're talking about weakness both in China 14 00:00:40,920 --> 00:00:45,519 Speaker 2: and its Converse brand. I completely forgot they own Converse. Yes, 15 00:00:45,680 --> 00:00:47,120 Speaker 2: see what I thought that was the thing, right? I 16 00:00:47,120 --> 00:00:49,839 Speaker 2: thought everyone was wearing Chuck Taylor's. Apparently not so much. 17 00:00:49,840 --> 00:00:52,279 Speaker 2: They're saying that sales plunged thirty percent in the last 18 00:00:52,479 --> 00:00:56,080 Speaker 2: latest quarter. Greater China was down about seventeen percent. So 19 00:00:56,280 --> 00:00:58,840 Speaker 2: I don't know, maybe they need another comeback story here 20 00:00:58,840 --> 00:00:59,640 Speaker 2: for the Chuck Taylors. 21 00:01:00,040 --> 00:01:03,320 Speaker 3: Ye Well, I'm loyal to my Chuck Taylor's he's speaking 22 00:01:03,360 --> 00:01:07,840 Speaker 3: of comeback stories. There you go. Speaking of comebackstories, you're 23 00:01:07,880 --> 00:01:10,399 Speaker 3: tracking another one that is waiting for turnaround to take hold. 24 00:01:10,480 --> 00:01:13,200 Speaker 2: Absolutely. Looking at shares of FedEx. This is ticker FDx. 25 00:01:13,240 --> 00:01:15,880 Speaker 2: Shares her down more than one percent right now. It 26 00:01:15,959 --> 00:01:18,160 Speaker 2: did raise the low end of its profit outlook for 27 00:01:18,280 --> 00:01:21,280 Speaker 2: this year, and it reported earnings that topped expectations. This 28 00:01:21,400 --> 00:01:23,600 Speaker 2: of course was really helped by volume and pricing gains 29 00:01:23,840 --> 00:01:26,400 Speaker 2: in the US. But you know, we are seeing some weakness, 30 00:01:26,440 --> 00:01:28,760 Speaker 2: especially as investors are actually trying to see whether or 31 00:01:28,800 --> 00:01:31,720 Speaker 2: not the CEO's plan will really map out. They're seeing 32 00:01:31,760 --> 00:01:34,479 Speaker 2: a string of cost headwinds, including the grounding of its 33 00:01:34,600 --> 00:01:37,400 Speaker 2: MD eleven planes, So that's really weighing on sentiment today 34 00:01:37,400 --> 00:01:40,080 Speaker 2: in the trade. Shares of FedEx though up about one 35 00:01:40,120 --> 00:01:42,520 Speaker 2: percent so far this year, so not too much action there. 36 00:01:44,000 --> 00:01:45,840 Speaker 2: KB Home, You know, I have to always hit my 37 00:01:45,880 --> 00:01:48,200 Speaker 2: real estate sector. We're looking at shares of KB Home. 38 00:01:48,240 --> 00:01:52,400 Speaker 2: This is ticker KBH. We did get results al Lenar yesterday. 39 00:01:52,480 --> 00:01:54,280 Speaker 2: KB Home is one of its peers. We're looking at 40 00:01:54,320 --> 00:01:57,360 Speaker 2: the home building industry. They did post fourth quarter profit 41 00:01:57,440 --> 00:02:00,760 Speaker 2: that missed expectations the midpoint of that outlook range four. 42 00:02:00,760 --> 00:02:03,680 Speaker 2: Fiscal twenty twenty six housing revenue also did fall short 43 00:02:03,680 --> 00:02:06,440 Speaker 2: of expectations, So you are seeing the stock taking quite 44 00:02:06,480 --> 00:02:09,080 Speaker 2: a breather, down more than eight percent right now, and 45 00:02:09,160 --> 00:02:10,960 Speaker 2: it's been a pretty rough year for them as well, 46 00:02:11,000 --> 00:02:13,480 Speaker 2: down about twelve percent. Really just still seeing a locked 47 00:02:13,520 --> 00:02:16,000 Speaker 2: housing market. Rates still remain high, and there's a lot 48 00:02:16,000 --> 00:02:18,000 Speaker 2: of pressures when you think about tariffs, when it weighs 49 00:02:18,000 --> 00:02:20,520 Speaker 2: our materials and all those things. So we really got 50 00:02:20,560 --> 00:02:22,040 Speaker 2: to see whether or not these whole builders are really 51 00:02:22,080 --> 00:02:22,959 Speaker 2: able to turn it around. 52 00:02:23,840 --> 00:02:27,840 Speaker 1: The Stock Movers report from Bloomberg Radio. Check back with 53 00:02:27,919 --> 00:02:30,519 Speaker 1: us throughout the day for the latest roundup of companies 54 00:02:30,600 --> 00:02:33,680 Speaker 1: making news on Wall Street and for the latest market 55 00:02:33,720 --> 00:02:38,200 Speaker 1: moving headlines. 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