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 3: I'm Tim Stenevec along with Carol Master. Let's take a
Speaker 3: look some stocks on the move today. We are joined
Speaker 3: by Bloomberg News Equities reporter Avalon Purnell. We're not done with
Speaker 3: earning season.
Speaker 4: We are not. I mean, we had Oracle that's ticker
Speaker 4: o RCL currently sliding about six percent in post market
Speaker 4: trading after their earnings.
Speaker 3: All right, there's your tone for tomorrow, Carrol.
Speaker 1: Yeah, I mean it's been bouncing around here in the aftermarket,
Speaker 1: so it's taken another leg down exactly.
Speaker 4: I mean, to be honest, looking at their fourth quarter results,
Speaker 4: nothing really sticks out necessarily, but they only slightly topped expectations.
Speaker 4: And for a lot of these companies that are really
Speaker 4: banking on the AI surge to help them, it really
Speaker 4: has been something that investors have been keeping an eye on.
Speaker 4: Vital Knowledge writing that while this is an okay release,
Speaker 4: the company is still facing a period of heavy cash
Speaker 4: outflows as it builds the necessary infrastructure to fulfill its
Speaker 4: backlog and that's something that they're calling out to as
Speaker 4: maybe a reason for why it's down.
Speaker 1: And it says it doesn't expect to issue more debt
Speaker 1: next year or no in this year excuse me, calendar
Speaker 1: twenty twenty six. So that's yeah, okay, it's the story
Speaker 1: of our lives right now. Right in terms of the
Speaker 1: AI spend, I know, Anna rag Rana telling us like
Speaker 1: just keeping a watch on the call and whether or
Speaker 1: not it's able to is it meet demand? I think
Speaker 1: he was talking about or having access to what they need.
Speaker 1: So some things for us to keep an eye on,
Speaker 1: all right. Super Micro tim talked about this name a
Speaker 1: lot today.
Speaker 4: Yes, as ticker SMCI. Very similar story, to be honest.
Speaker 4: It's sank twenty eight percent and its worst one day
Speaker 4: drop since March, and that's after the computer hardware maker
Speaker 4: said that it's planning seven billion dollars in equity and
Speaker 4: equity linked financing two fun component purchases to meet demand
Speaker 4: for its AI servers. Very similar to the deal that
Speaker 4: we saw from Google last week. However, unlike Google, this
Speaker 4: has a pretty large percentage of super Micro's market cap
Speaker 4: and the street is very split, to say the least
Speaker 4: about this Bernstein writing that this is by far the
Speaker 4: highest equity raise in company history and implies a whopping
Speaker 4: twenty seven percent dilution, whereas Wedbush is saying that they're
Speaker 4: viewing this as more of like the order momentum and
Speaker 4: that this could actually be a good situation.
Speaker 1: Nound twenty eight percent today.
Speaker 3: I'm just looking at the different analysts and on the
Speaker 3: an R function on the Bloomberg terminal.
Speaker 1: Yeah, interesting, Okay, are there how many buys?
Speaker 4: I just lost it?
Speaker 3: Sorry?
Speaker 1: Uh, six bys? So twenty seven percent of the analysts
Speaker 1: who cover it have buys, fifty four percent have holes,
Speaker 1: and then there's four cells on this name eighteen percent
Speaker 1: of the analysts who cover it.
Speaker 3: Let's matter. I'm just looking at the yep, I knew it.
Speaker 3: It's Dan ives at Wedbush who covers it. So of
Speaker 3: course he's going to be bullish on it because he's
Speaker 3: like a permeable. He has an outperform on the stock.
Speaker 4: But what was his comment, Well, he was saying that
Speaker 4: the order momentum is positive and you're going to have
Speaker 4: to wait to see later on about what the margin
Speaker 4: will look like for the business.
Speaker 1: All right, yeah, okay, so let's go to something low
Speaker 1: tech cracker barrel.
Speaker 4: Yes, one bullish signal within the market. That's ticker CBRL
Speaker 4: jumping twenty three percent to not just the best day
Speaker 4: since twenty twenty, and that's after the restaurant chain boosted
Speaker 4: its full year outlook on the back of a better
Speaker 4: than expected third quarter. Benchmark writing that the results really
Speaker 4: showed improvements, especially for the average check as they discounted
Speaker 4: less and customers still we're coming back for plates of
Speaker 4: food and still worth noting though, that the short interest
Speaker 4: on this company is really high, about twenty seven percent
Speaker 4: of float.
Speaker 2: The Stock Movers report from Bloomberg Radio. Check back with
Speaker 2: us throughout the day for the latest roundup of companies
Speaker 2: making news on Wall Street and for the latest market
Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube,
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