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 --> 00:00:18,920 Speaker 1: Let's take a look at some stocks on the move today. 5 00:00:18,960 --> 00:00:22,439 Speaker 1: I'm Nathan Hager, joined by Bloomberg's Kritty Goop to gosh, 6 00:00:22,520 --> 00:00:25,960 Speaker 1: what should we talk about? Critty? Good morning, Good morning, Nathan. 7 00:00:26,000 --> 00:00:27,560 Speaker 1: We'll start off with tho tech earnings. I mean, you 8 00:00:27,720 --> 00:00:29,479 Speaker 1: really can't miss them this morning. 9 00:00:29,960 --> 00:00:31,680 Speaker 3: I'm going to steal a line that someone said to 10 00:00:31,680 --> 00:00:33,960 Speaker 3: me today yesterday with the Dave thats, today's the day 11 00:00:33,960 --> 00:00:36,919 Speaker 3: of the OZ in terms of meta Microsoft reporting yesterday, 12 00:00:37,000 --> 00:00:39,000 Speaker 3: Apple and Amazon's today. 13 00:00:39,320 --> 00:00:42,240 Speaker 1: And we have to start off with this Microsoft story. 14 00:00:42,400 --> 00:00:45,800 Speaker 3: MSFT is the ticker there, trading at about five hundred 15 00:00:45,800 --> 00:00:49,519 Speaker 3: and fifty eight dollars share, soaring eight point six percent 16 00:00:49,640 --> 00:00:52,000 Speaker 3: in the pre market. That is just what we're seeing 17 00:00:52,040 --> 00:00:56,120 Speaker 3: before the opening bells. And it's enormous when you're talking 18 00:00:56,160 --> 00:00:59,200 Speaker 3: about the massive investment that you're taught from into AI. 19 00:00:59,240 --> 00:01:02,120 Speaker 3: Excuse me, Microsoft is doing the data center story despite 20 00:01:02,120 --> 00:01:06,120 Speaker 3: some of their moves around kind of releasing some of 21 00:01:06,120 --> 00:01:07,720 Speaker 3: that kind of labor hoarding that they had as well, 22 00:01:07,720 --> 00:01:10,040 Speaker 3: reporting better than expected in that key metric, the Asia 23 00:01:10,040 --> 00:01:13,960 Speaker 3: cloud computing unit thirty nine percent rise in sales. The 24 00:01:14,040 --> 00:01:16,720 Speaker 3: thirty four percent was the estimate there, So an A 25 00:01:16,800 --> 00:01:19,520 Speaker 3: plus student getting an A plus plus I think on 26 00:01:19,600 --> 00:01:22,200 Speaker 3: today's earnings report, neverer less. Microsoft also winning tons of 27 00:01:22,280 --> 00:01:25,400 Speaker 3: upgrades across Wall Street, think likes of Bank of America, Ubs, 28 00:01:25,520 --> 00:01:28,759 Speaker 3: morning Star, all giving a stamp of approval to that stock. 29 00:01:28,800 --> 00:01:31,000 Speaker 3: We're looking at a price target of as high as 30 00:01:31,160 --> 00:01:33,240 Speaker 3: six hundred and fifty at some shop. 31 00:01:33,319 --> 00:01:33,759 Speaker 1: Sevent ten. 32 00:01:33,760 --> 00:01:36,120 Speaker 3: I would say it's a street high at the moment. 33 00:01:36,200 --> 00:01:38,960 Speaker 3: So some pretty big news for Microsofts. You get to 34 00:01:39,040 --> 00:01:42,399 Speaker 3: quick check on Meta as well. Meta is your ticker there, 35 00:01:42,440 --> 00:01:45,880 Speaker 3: another big number, higher by about twelve percent this morning, 36 00:01:46,120 --> 00:01:49,160 Speaker 3: trading at seven hundred and eighty dollars a share. 37 00:01:49,760 --> 00:01:50,920 Speaker 1: Another massive move for tech. 38 00:01:50,920 --> 00:01:53,440 Speaker 3: We'll see if Apple and Amazon are able to live 39 00:01:53,520 --> 00:01:55,600 Speaker 3: up to the tech hype this morning. But they're really 40 00:01:55,640 --> 00:01:58,240 Speaker 3: talking about the AI investment and that's where Meta has 41 00:01:58,320 --> 00:02:00,880 Speaker 3: lagged a little bit. Really focusing on the universe now, 42 00:02:00,920 --> 00:02:03,559 Speaker 3: really making a more concrete shift to the. 43 00:02:03,600 --> 00:02:06,160 Speaker 1: AI pledge there. So those are going to be two 44 00:02:06,200 --> 00:02:06,600 Speaker 1: key ones. 45 00:02:06,600 --> 00:02:08,760 Speaker 3: We'll mention just a quick check on Apple One Amazon, 46 00:02:08,800 --> 00:02:11,920 Speaker 3: given that I'm previewing it so much. AAPL is your 47 00:02:11,960 --> 00:02:14,000 Speaker 3: ticker there, hired by one tenth of one percent two 48 00:02:14,080 --> 00:02:17,920 Speaker 3: hundred and nine dollars a share, and Amazon AMZN is 49 00:02:18,080 --> 00:02:20,640 Speaker 3: your ticker, another high volume mover this morning, Hired by 50 00:02:20,639 --> 00:02:23,720 Speaker 3: three point three percent two hundred and thirty seven dollars 51 00:02:23,760 --> 00:02:26,600 Speaker 3: a share. There, there's plenty of earnings outside of the megacap. 52 00:02:26,760 --> 00:02:28,440 Speaker 3: I want to kick it off with Ford this morning. 53 00:02:28,440 --> 00:02:31,600 Speaker 3: They are catching a lot of attention. F is the 54 00:02:31,680 --> 00:02:35,440 Speaker 3: letter is the ticker for the car company, lower by 55 00:02:35,440 --> 00:02:39,000 Speaker 3: about two percent this morning, trading sub eleven dollars to 56 00:02:39,040 --> 00:02:42,040 Speaker 3: share ten dollars and sixty six cents for one share 57 00:02:42,080 --> 00:02:44,320 Speaker 3: of Ford. They're talking about a tariff write down that 58 00:02:44,520 --> 00:02:46,840 Speaker 3: was far larger than the street was expecting, to the 59 00:02:46,840 --> 00:02:50,399 Speaker 3: tune of two billion dollars. And this is really where 60 00:02:50,440 --> 00:02:54,360 Speaker 3: you can can see the margin compression is hitting pretty 61 00:02:54,520 --> 00:02:57,880 Speaker 3: pretty aggressively, even though their cap x spend is actually 62 00:02:57,960 --> 00:03:01,040 Speaker 3: higher than Wall Street expected. Nevertheless, those shares were down 63 00:03:01,080 --> 00:03:02,920 Speaker 3: about five percent in the post market, and they continue 64 00:03:02,960 --> 00:03:06,160 Speaker 3: their slide this morning, Nathan, I want to go to 65 00:03:06,240 --> 00:03:08,600 Speaker 3: CBS as well, because they also came out with some 66 00:03:08,639 --> 00:03:12,680 Speaker 3: earnings pictures this morning, CBS getting a massive boost in 67 00:03:12,760 --> 00:03:16,360 Speaker 3: the market, trading higher by about eight percent in the 68 00:03:16,400 --> 00:03:20,880 Speaker 3: pre market, trading at sixty seven dollars a share, also 69 00:03:20,960 --> 00:03:23,720 Speaker 3: raising their twenty twenty five profit outlook on their insurance 70 00:03:23,800 --> 00:03:27,920 Speaker 3: and pharmacy units, so some massive boosts there. When it 71 00:03:27,919 --> 00:03:31,639 Speaker 3: comes to their numbers, I'm looking at adjusted EPs of a. 72 00:03:31,639 --> 00:03:33,160 Speaker 1: High of six dollars and forty cents. 73 00:03:33,160 --> 00:03:35,640 Speaker 3: A prior forecast was about six to six twenty, so 74 00:03:35,720 --> 00:03:38,560 Speaker 3: a pretty decent boost to their EPs numbers in addition 75 00:03:38,840 --> 00:03:39,440 Speaker 3: to their guidance. 76 00:03:39,560 --> 00:03:45,480 Speaker 2: Nathan this stock mover's report from Bloomberg Radio. Check back 77 00:03:45,520 --> 00:03:47,720 Speaker 2: with us throughout the day for the latest roundup of 78 00:03:47,800 --> 00:03:51,080 Speaker 2: companies making news on Wall Street and for the latest 79 00:03:51,120 --> 00:03:55,320 Speaker 2: market moving headlines. Listen to Bloomberg Radio Live, catch us 80 00:03:55,360 --> 00:03:59,080 Speaker 2: on YouTube, Bloomberg dot com, and on Applecarplay and Android 81 00:03:59,120 --> 00:04:01,040 Speaker 2: Auto with the bloom Berg Business app. 82 00:04:05,440 --> 00:04:05,840 Speaker 3: Mm hmm