1 00:00:02,520 --> 00:00:07,000 Speaker 1: Bloomberg Audio Studios, podcasts, radio news. 2 00:00:08,640 --> 00:00:13,040 Speaker 2: The Stock Movers podcast, your roundup of companies making moves 3 00:00:13,080 --> 00:00:17,360 Speaker 2: in the stock market, harnessing the power of Bloomberg Data. 4 00:00:17,560 --> 00:00:19,319 Speaker 1: Let's take a look at some of the stock movers today. 5 00:00:19,360 --> 00:00:21,600 Speaker 1: I'm Alex Steel alongside Paul Sweeney, and we're joined now 6 00:00:21,600 --> 00:00:23,079 Speaker 1: by Bloomberg's Isabelle Lee Is. 7 00:00:23,120 --> 00:00:23,880 Speaker 2: Well, what are you looking at? 8 00:00:23,920 --> 00:00:27,000 Speaker 1: We're looking at Palenteers shares are edging lower by fourteen percent. 9 00:00:27,040 --> 00:00:29,920 Speaker 1: That's the most sense at least made twenty twenty four. 10 00:00:30,000 --> 00:00:32,919 Speaker 1: So palunder dropped after earnings. Has always failed to live 11 00:00:33,000 --> 00:00:36,559 Speaker 1: up to investors' loftiest expectations. That as always part isn't Palenteer, 12 00:00:36,600 --> 00:00:38,800 Speaker 1: but the fact that investors just keep on wanting more 13 00:00:39,000 --> 00:00:41,120 Speaker 1: and more and pounter really was the one that powered 14 00:00:41,120 --> 00:00:43,120 Speaker 1: the S and P through much of its gains this year. 15 00:00:43,159 --> 00:00:46,239 Speaker 1: So the company described rising demand for AI software as 16 00:00:46,360 --> 00:00:50,920 Speaker 1: quote ravenous whirlwind, and it bumped twenty twenty five revenue forecasts, 17 00:00:50,960 --> 00:00:53,840 Speaker 1: representing thirty six percent growth. So the company's growth was 18 00:00:53,880 --> 00:00:56,520 Speaker 1: strong in the US, but enthusiasm was tepid in the 19 00:00:56,520 --> 00:00:59,440 Speaker 1: rest of the world, which actually constitutes just one third 20 00:00:59,440 --> 00:01:02,080 Speaker 1: of that's so this concerned analyst and this was really 21 00:01:02,080 --> 00:01:04,640 Speaker 1: striking to me because it's just less than one third 22 00:01:04,680 --> 00:01:07,440 Speaker 1: we have Bloomberg Intelligence saying even with all the good news, 23 00:01:07,520 --> 00:01:10,199 Speaker 1: it just wasn't enough to sustain the evaluation going forward. 24 00:01:10,560 --> 00:01:13,760 Speaker 1: Vital Knowledge said that the report shows strong upside, although 25 00:01:13,800 --> 00:01:16,920 Speaker 1: expectations were quite frosty. So Palenter, as we know, was 26 00:01:16,959 --> 00:01:19,520 Speaker 1: co founded by Peter Steele. It's best known for its 27 00:01:19,840 --> 00:01:23,880 Speaker 1: military work and intelligence agency. So surprising, Yeah, it stocks 28 00:01:23,880 --> 00:01:26,520 Speaker 1: of forty percent to date, that three hundred and twenty 29 00:01:26,520 --> 00:01:28,600 Speaker 1: percent of the betrailing twelve months. So a little bit 30 00:01:28,600 --> 00:01:30,399 Speaker 1: of a give back was not surprising. 31 00:01:30,400 --> 00:01:31,880 Speaker 2: I guess what us we have Ford? 32 00:01:31,959 --> 00:01:34,319 Speaker 1: So this is also it has mixed messaging. So Ford 33 00:01:34,360 --> 00:01:36,720 Speaker 1: is edging higher by two percent. The company reported first 34 00:01:36,760 --> 00:01:40,920 Speaker 1: quarter profit that beat expectations, but it also suspended its 35 00:01:40,959 --> 00:01:43,200 Speaker 1: full year guidance, just like a long list of companies 36 00:01:43,200 --> 00:01:47,160 Speaker 1: of course, because of Trump's tariffs, and Ford joins its rivals. 37 00:01:47,280 --> 00:01:50,040 Speaker 1: Really that's going to be stung by global trade policies. 38 00:01:50,320 --> 00:01:53,160 Speaker 1: And Ford said that expects the levies to reduce twenty 39 00:01:53,200 --> 00:01:55,520 Speaker 1: twenty five adjusted earnest before interest and taxes, and it 40 00:01:55,600 --> 00:01:58,480 Speaker 1: gave a number it expects that to reduce its impact 41 00:01:58,480 --> 00:02:00,880 Speaker 1: to two point five Billindahl. So this is why I 42 00:02:00,920 --> 00:02:03,320 Speaker 1: think it's not as down because we have Jeffrey saying 43 00:02:03,400 --> 00:02:05,760 Speaker 1: that we felt management handled the public call better than 44 00:02:05,760 --> 00:02:09,480 Speaker 1: previous events, by Barclay saying that okay, well, guidance is pulled, 45 00:02:09,560 --> 00:02:13,040 Speaker 1: there's favoral cost commentary, and they expect that they will 46 00:02:13,080 --> 00:02:14,600 Speaker 1: have more clarity in the years to come, in the 47 00:02:14,639 --> 00:02:16,639 Speaker 1: months to come, and Ford did say that they plan 48 00:02:16,720 --> 00:02:20,079 Speaker 1: to provide an updated outlook when it reports its next earnings. 49 00:02:20,160 --> 00:02:22,600 Speaker 1: I mean there's always the trade too, like is it 50 00:02:22,639 --> 00:02:23,520 Speaker 1: just already baked in? 51 00:02:23,840 --> 00:02:25,080 Speaker 2: Right? Is the bad news baked in? 52 00:02:25,160 --> 00:02:28,160 Speaker 1: Or it's not as bad as potentially expected? All right? 53 00:02:28,240 --> 00:02:31,040 Speaker 1: Last step, what are you looking at Constellation right? Constellation Energy? 54 00:02:31,040 --> 00:02:33,960 Speaker 1: Definitely it's edging higher by almost eight percent. So we 55 00:02:34,040 --> 00:02:36,560 Speaker 1: have the SOCC reporting adjusted provident ebit that that fell 56 00:02:36,600 --> 00:02:39,560 Speaker 1: short of expectations, but the company maintained its full year 57 00:02:39,600 --> 00:02:42,079 Speaker 1: profit guidance. So I think that's really what's boosing investors. 58 00:02:42,080 --> 00:02:44,800 Speaker 1: And the midpoint of the outlook is missing the average estimates. 59 00:02:44,800 --> 00:02:47,520 Speaker 1: But still we have Blueberg Intelligence saying that the group's 60 00:02:47,520 --> 00:02:50,280 Speaker 1: performance will likely hinge on outlook for data centers, and 61 00:02:50,360 --> 00:02:53,040 Speaker 1: in April b I wrote that Constellation controls more than 62 00:02:53,080 --> 00:02:56,240 Speaker 1: twenty percent of US nuclear capacity, and they're going to 63 00:02:56,280 --> 00:02:59,040 Speaker 1: be one of the biggest beneficiaries of the inflation reduction. 64 00:02:59,080 --> 00:02:59,360 Speaker 1: I Think. 65 00:03:00,240 --> 00:03:04,560 Speaker 2: The Stockmovers podcast from Bloomberg Radio. 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