1 00:00:02,520 --> 00:00:07,360 Speaker 1: Bloomberg Audio Studios, podcasts, radio News. 2 00:00:08,560 --> 00:00:12,440 Speaker 2: The Stock Movers Report, your roundup of companies making moves 3 00:00:12,480 --> 00:00:15,880 Speaker 2: in the stock market harnessing the power of Bloomberg Data. 4 00:00:17,079 --> 00:00:18,479 Speaker 3: Let's take a look at some of the stocks on 5 00:00:18,520 --> 00:00:21,279 Speaker 3: the move. On Paul Swingey alongside Scarlett Film. We're joined 6 00:00:21,280 --> 00:00:23,439 Speaker 3: by Bloomberg's Billy Lipschultz. Billy, what are you looking at 7 00:00:23,480 --> 00:00:25,520 Speaker 3: this small Let's start with the best performer in the 8 00:00:25,560 --> 00:00:27,440 Speaker 3: S and P five hundred that is none other than 9 00:00:27,560 --> 00:00:31,479 Speaker 3: Data Dog. Ticker ddog also has, in my view, the 10 00:00:31,520 --> 00:00:34,360 Speaker 3: greatest logo for a corporation. If you don't know what 11 00:00:34,360 --> 00:00:38,200 Speaker 3: they do. They specialize in monitoring security platforms for cloud 12 00:00:38,280 --> 00:00:42,040 Speaker 3: application Stock up almost twenty percent right now, gonna round 13 00:00:42,080 --> 00:00:43,879 Speaker 3: up and call it a four year high, trading at 14 00:00:43,880 --> 00:00:46,640 Speaker 3: the highest level since late November twenty twenty one. This 15 00:00:46,720 --> 00:00:49,800 Speaker 3: comes after earnings beat expectations across the board, raising their 16 00:00:49,840 --> 00:00:53,000 Speaker 3: four year forecast. Analysts really pounding the table saying that 17 00:00:53,400 --> 00:00:56,960 Speaker 3: the uncertainty around AI is not playing out for the company. 18 00:00:57,000 --> 00:00:59,520 Speaker 3: We had seen short interest tick high. Are basically saying 19 00:00:59,520 --> 00:01:01,200 Speaker 3: that there can can you and to see strong growth. 20 00:01:01,360 --> 00:01:05,319 Speaker 3: Revenue growing expected to grow twenty four percent We're not 21 00:01:05,360 --> 00:01:08,520 Speaker 3: seeing a lot of tech companies growing that quickly that high, 22 00:01:08,600 --> 00:01:11,160 Speaker 3: especially in the space when you're looking at an SMP 23 00:01:11,280 --> 00:01:15,119 Speaker 3: five hundred component sixty four billion dollar company. So big 24 00:01:15,160 --> 00:01:16,680 Speaker 3: gains for data Dog today. 25 00:01:16,520 --> 00:01:18,200 Speaker 1: And I'm just looking at the logo now, it's a 26 00:01:18,240 --> 00:01:20,640 Speaker 1: dog with a chart in its mouth. 27 00:01:20,720 --> 00:01:22,200 Speaker 3: Right, Yeah, you don't like it? 28 00:01:22,280 --> 00:01:24,000 Speaker 1: I know, I'm into it. 29 00:01:24,040 --> 00:01:24,600 Speaker 3: I'm into it. 30 00:01:24,800 --> 00:01:27,360 Speaker 1: I'm gonna talk about another company that is DoorDash. 31 00:01:27,560 --> 00:01:30,000 Speaker 3: Yeah, DoorDash the worst performer in the s and P 32 00:01:30,120 --> 00:01:35,680 Speaker 3: five hundred right now, down sixteen percent ticker dash worst 33 00:01:35,760 --> 00:01:38,640 Speaker 3: day since it went public in late twenty twenty. This 34 00:01:38,760 --> 00:01:42,800 Speaker 3: comes after their EBIT a forecast disappointed expectations, the company 35 00:01:42,959 --> 00:01:45,640 Speaker 3: saying that they plan to spend hundreds of millions of 36 00:01:45,680 --> 00:01:47,760 Speaker 3: dollars more in twenty twenty six than they did in 37 00:01:47,800 --> 00:01:50,160 Speaker 3: twenty twenty five, which kind of steps away from the 38 00:01:50,200 --> 00:01:53,280 Speaker 3: company which had long been seen as a prudent company 39 00:01:53,280 --> 00:01:55,720 Speaker 3: when it comes to allocating capital. Again, we're in the 40 00:01:55,760 --> 00:01:58,560 Speaker 3: year of CAPEX seemingly, so maybe they are. Whether it's 41 00:01:58,560 --> 00:02:02,120 Speaker 3: spending on promote or maybe leaning into AI remains to 42 00:02:02,120 --> 00:02:05,080 Speaker 3: be seen. But it does call out that the acquisition 43 00:02:05,200 --> 00:02:08,639 Speaker 3: of Delivery near term dragon margins. That's according to Bloomberg 44 00:02:08,680 --> 00:02:12,480 Speaker 3: Intelligence and Stefel calling out the weaker margins as well. 45 00:02:12,600 --> 00:02:14,320 Speaker 3: So kind of a mixed picture. I don't know if 46 00:02:14,320 --> 00:02:17,919 Speaker 3: you guys are a big dashers anti dash anti dashing. 47 00:02:17,960 --> 00:02:20,359 Speaker 1: We're parents, so we hate door dash, yes, like it 48 00:02:20,560 --> 00:02:23,480 Speaker 1: just everything about it is horrible in my mind because 49 00:02:23,560 --> 00:02:25,519 Speaker 1: you know, in my day, back in my day, back 50 00:02:25,520 --> 00:02:27,320 Speaker 1: in Paul Swingey's day, you know, we went out and 51 00:02:27,360 --> 00:02:29,400 Speaker 1: picked up the food. You don't pay for someone to 52 00:02:29,440 --> 00:02:31,280 Speaker 1: come and deliver it and have an extra ten dollars 53 00:02:31,360 --> 00:02:32,959 Speaker 1: tacked on to your meal. Yep, okay, but I know 54 00:02:33,000 --> 00:02:33,520 Speaker 1: the kids die. 55 00:02:33,520 --> 00:02:35,639 Speaker 3: I trib over. I'm not a dasher either, though, I 56 00:02:35,680 --> 00:02:38,120 Speaker 3: will say though I think I'm like in that straddling 57 00:02:38,160 --> 00:02:41,440 Speaker 3: age in my lower thirties, so maybe I'm not the 58 00:02:41,520 --> 00:02:42,200 Speaker 3: target audience. 59 00:02:42,320 --> 00:02:45,200 Speaker 1: But yeah, the gen zers are really big to Yep. 60 00:02:45,240 --> 00:02:45,800 Speaker 2: Absolutely. 61 00:02:46,560 --> 00:02:50,760 Speaker 3: Duo Lingo see so sensing a theme tech talks that 62 00:02:50,880 --> 00:02:53,639 Speaker 3: start with the letter D. Right now, Duo Lingo take 63 00:02:53,680 --> 00:02:58,079 Speaker 3: her Duo L down twenty seven percent, the biggest drop 64 00:02:58,120 --> 00:03:01,320 Speaker 3: since they went public In the summer of twenty twenty one, 65 00:03:01,760 --> 00:03:04,960 Speaker 3: the language learning software company giving a week fourth quarter 66 00:03:05,000 --> 00:03:09,040 Speaker 3: bookings forecast analysts saying that kind of the management focus 67 00:03:09,120 --> 00:03:11,600 Speaker 3: on user growth, wanting to expand the number of users, 68 00:03:12,360 --> 00:03:14,800 Speaker 3: has weight on their bookings outlook. We saw at least 69 00:03:14,800 --> 00:03:18,359 Speaker 3: two analysts downgrading shares Citizens and Key Bank. This stock 70 00:03:18,440 --> 00:03:22,200 Speaker 3: down twenty seven percent. Basically another company that when you 71 00:03:22,240 --> 00:03:25,280 Speaker 3: look at how they've been pushing into and leaning into AI, 72 00:03:25,800 --> 00:03:28,440 Speaker 3: not really panning out fourth quarter bookings and ebit our 73 00:03:28,440 --> 00:03:33,200 Speaker 3: guidance below expectations shifting towards again user growth in terms 74 00:03:33,240 --> 00:03:36,600 Speaker 3: of driving monetization. Again, I used this before I went 75 00:03:36,640 --> 00:03:39,240 Speaker 3: to Japan. Didn't really learn much. Learned how to order 76 00:03:39,280 --> 00:03:42,040 Speaker 3: red shoes, which I didn't buy, But it does seem 77 00:03:42,080 --> 00:03:44,920 Speaker 3: like it's not quite resonating again, down the most ever, 78 00:03:45,000 --> 00:03:47,480 Speaker 3: trading at the lowest level since August twenty twenty four. 79 00:03:47,480 --> 00:03:49,680 Speaker 1: I think they're expanding to music and maths, so maybe 80 00:03:49,680 --> 00:03:51,440 Speaker 1: if you want to pick up on those. 81 00:03:51,520 --> 00:03:53,960 Speaker 3: That'll be more well. It's funny because it's like it 82 00:03:54,000 --> 00:03:57,000 Speaker 3: reminds me of taking Spanish classes in high school. It's like, awesome, 83 00:03:57,040 --> 00:03:59,080 Speaker 3: I can tell the time or as for the time, 84 00:03:59,120 --> 00:04:01,360 Speaker 3: but in twenty two twenty five, I don't really need 85 00:04:01,400 --> 00:04:03,000 Speaker 3: to know what time it is. Because I have a 86 00:04:03,080 --> 00:04:04,200 Speaker 3: smartphone and the sprightline. 87 00:04:05,280 --> 00:04:09,320 Speaker 2: This stock Movers report from Bloomberg Radio. Check back with 88 00:04:09,400 --> 00:04:11,960 Speaker 2: us throughout the day for the latest roundup of companies 89 00:04:12,040 --> 00:04:15,120 Speaker 2: making news on Wall Street and for the latest market 90 00:04:15,160 --> 00:04:19,640 Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 91 00:04:19,720 --> 00:04:23,240 Speaker 2: Bloomberg dot com, and on Applecarplay and Android Auto with 92 00:04:23,279 --> 00:04:24,760 Speaker 2: the Bloomberg Business app.