WEBVTT - Weekly Roundup: Sandisk, Deckers Climb; Humana Drops

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<v Speaker 1>Bloomberg Audio Studios, podcasts, radio news.

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<v Speaker 2>The Stock Movers report, your roundup of companies making moves

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<v Speaker 2>in the stock market, harnessing the power of Bloomberg Data.

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<v Speaker 3>I'm Carol Messer, a long term Stanek. Let's get you

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<v Speaker 3>some stocks on the move for the week. Overall, it's

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<v Speaker 3>been an interesting and full week. Joining us right now

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<v Speaker 3>is Jordan Fitzgerald, who's Bloomberg News Equities reporter, joining us

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<v Speaker 3>here in studio. So where do you begin?

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<v Speaker 4>I think the place we go every week? We got

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<v Speaker 4>to talk about sand Disk.

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<v Speaker 1>I know, right today was bizarre.

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<v Speaker 4>Today was crazy.

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<v Speaker 1>Do we know why what happened? Well, let's why. Don't

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<v Speaker 1>you explain what happened and then we can kind of

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<v Speaker 1>get to what.

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<v Speaker 4>So SanDisk shares surged more than twenty percent earlier today.

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<v Speaker 4>The company did report results that really impressed the market.

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<v Speaker 4>The second quarter revenue did beat, and then they just

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<v Speaker 4>suddenly paired and people weren't quite sure why. But we're

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<v Speaker 4>still able to close in the green up six percent.

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<v Speaker 4>Most stocks would be real to have a six percent game,

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<v Speaker 4>I think on the day. But you when you had

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<v Speaker 4>such staggering highs earlier, it's maybe a little bit disappointing

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<v Speaker 4>for some investors, and.

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<v Speaker 1>Sand Disc gout for the week more than twenty percent.

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<v Speaker 4>Sand Disc up since it's IPO more than sixteen hundred percent.

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<v Speaker 4>I know it just I just eleven months ago.

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<v Speaker 3>I'm fascinated by this company, and certainly there's an AI

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<v Speaker 3>story in all of this as well, So it's it's

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<v Speaker 3>fun and interesting to watch Microsoft.

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<v Speaker 4>For the Microsoft. Speaking of big tech earnings, Microsoft had

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<v Speaker 4>its worst week since twenty twenty. It also reported results

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<v Speaker 4>earlier this week. Shares closed down eight percent week over week,

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<v Speaker 4>and it really just comes from expectations that the market

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<v Speaker 4>had for Azure growth. It just wasn't where people wanted

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<v Speaker 4>it to be. And with this AI race so tight,

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<v Speaker 4>and when you do have you know, companies like SanDisk

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<v Speaker 4>who don't do the same thing as Microsoft obviously but

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<v Speaker 4>are part of this bigger AI ecosystem like really outperforming,

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<v Speaker 4>then they want to see known giants like Microsoft really

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<v Speaker 4>deliver as.

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<v Speaker 3>Well, especially when you're spending so much. Right, I think

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<v Speaker 3>it was an Azure up a thirty eight percent or

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<v Speaker 3>something in terms of growth, but it was maybe not

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<v Speaker 3>enough considering all the spending that's going on there. All right,

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<v Speaker 3>let's go to something different. It's a space we talked

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<v Speaker 3>about a lot this week.

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<v Speaker 1>Yeah, Humana, what helping with humanity?

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<v Speaker 4>Humana, Like we said earlier this week, it really just

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<v Speaker 4>comes from Trump administration actions to freeze payments to these

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<v Speaker 4>Medicare advantage plans that involve private companies like Humana, and

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<v Speaker 4>so humanic closed down twenty seven percent this week. That's

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<v Speaker 4>the worst week for that stock since since two thousand

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<v Speaker 4>and nine. And Humana, you know, I think some investors

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<v Speaker 4>were hoping that it would have recovered from low as

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<v Speaker 4>we've reached earlier this week, and it kind of just

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<v Speaker 4>didn't really get there, and so it was one of

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<v Speaker 4>the biggest laggards in the S and P five hundred

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<v Speaker 4>this week.

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<v Speaker 1>We've time for one more, I think we do. Yeah, okay,

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<v Speaker 1>let's talk shoes.

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<v Speaker 4>Let's talk shoes. I mean, I've got my ugs on

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<v Speaker 4>right now. I'm helping to deliver this for Deckers.

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<v Speaker 1>Howbody says Decker's outdoor, They say Uggs and Hoka. They

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<v Speaker 1>always forget about Teva, Tivas. Oh sorry, Maybe that's why

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<v Speaker 1>great shooes too.

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<v Speaker 4>I do own all three, but I think the business

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<v Speaker 4>there maybe isn't as big and with the freezing temperatures

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<v Speaker 4>in New York City this week. I think Ugg's on

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<v Speaker 4>everyone's mind, but best week since twenty twenty four. Decors

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<v Speaker 4>up nineteen percent, and it really does come from boosting

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<v Speaker 4>their earnings and sales forecasts over this strong delivery number

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<v Speaker 4>in Ihoga and UG brand.

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<v Speaker 2>This Stock Movers report from Bloomberg Radio. Check back with

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<v Speaker 2>us throughout the day for the latest roundup of companies

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