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: I'm Tim Stanovec along with Carol Master. Let's take a
Speaker 1: look at some stocks on the move today. We're joined
Speaker 1: by Bloomberg Television Markets correspondent Nora Melinda. What's on your radar?
Speaker 3: Well, let's take a look at Disney shares, because they
Speaker 3: did end lower by about seven percent at the closing bell.
Speaker 3: This is taker dis We did see a growth forecast
Speaker 3: for the current period that disappointed a lot of Wall
Speaker 3: Street analysts. The company also that it expects challenges attracting
Speaker 3: international tourists to his domestic parks, so you did see
Speaker 3: that also weighing on sentiment a little bit. But also
Speaker 3: the company warned of ongoing increased costs to sports rates.
Speaker 3: Barclays did say that the key to evaluation of recovery
Speaker 3: for this company will be a tenance recovery in parks
Speaker 3: and operating leverage in streaming.
Speaker 1: All right, what about Oracle shares?
Speaker 3: Tick Er ORCL shares down by about two point seventy
Speaker 3: five percent. That's the lowest level since May that we
Speaker 3: saw at the closing bell it plans to read as
Speaker 3: much as fifty billion dollars this year to build out
Speaker 3: cloud infrastructure capacity. But of course you've been releasing a
Speaker 3: lot of concerns on Wall Street about the tech spase
Speaker 3: more broadly, and whether or not some of these companies
Speaker 3: are taking on more debt than is needed, or also
Speaker 3: just the idea as to whether or not there may
Speaker 3: be over promising in comparison to what they're able to
Speaker 3: deliver here. So you're definitely seeing that. Of course, weighing
Speaker 3: on the company Oracle here one in the aftermarket.
Speaker 1: Pallenteer ticker PLTR. It's up about seven percent here in
Speaker 1: the aftermarket.
Speaker 3: Just surging a blowout earnings report that we saw from Palenteer.
Speaker 3: Of course, we did see twenty twenty six revenue forecasts
Speaker 3: as significantly topped expectations across Wall Street. We did see
Speaker 3: that the fourth quarter revenue grew seventy percent to one
Speaker 3: point four billion dollars. This is all despite the company's
Speaker 3: accelerating revenue. Shares are still down twenty nine percent though
Speaker 3: from November's peak, so interesting when you kind of look
Speaker 3: at the share action broadly.
Speaker 2: The stockmover'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.
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