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: Let's bring in Christina Quino and take a look at
Speaker 3: some stocks on the move today. Paulsweni here with Scarlett
Speaker 3: Foo and of course our Christina Quino does this for
Speaker 3: us on a daily basis. And Christine, I look at
Speaker 3: Dell and the shares are at the Hyacins May of
Speaker 3: twenty twenty four last year.
Speaker 1: Yeah, absolutely, Scarlet, I mean that's getting definitely a windfall
Speaker 1: from that deal. So Dell shares dig or d LL
Speaker 1: shares now up just two point six percent, though, so
Speaker 1: prying some of those strong opening gains. And so you
Speaker 1: can kind of get a sense that, Okay, now we've
Speaker 1: gotten the news of their improved long term financial framework,
Speaker 1: investors are maybe starting to question what's the catch, right?
Speaker 1: And you know, the catch is that there is some
Speaker 1: concern that the cost of rolling out the equipment is
Speaker 1: going to be expensive, and so the question for investors
Speaker 1: is what's going to happen to profit margins? And so
Speaker 1: Chief operating Officer Jeff Clark is meant to be reinforcing
Speaker 1: at their investor event today that you know, the air
Speaker 1: server business is facing mid single digit operating margins, but
Speaker 1: even our Bloomberg Intelligence analysts are saying that they will
Speaker 1: still need to show improvement on those server margins. Operating
Speaker 1: scale and buybacks will help, but that's something that investors
Speaker 1: are looking for at the moment with this monster deal.
Speaker 2: What's going on with app love It at.
Speaker 1: Loven so app love and shares to her app those
Speaker 1: are up at the moment. They're rebounding now more than
Speaker 1: six point seven percent currently, but they did fall fourteen
Speaker 1: percent yesterday, and that is because just before the close,
Speaker 1: Bloomberg News exclusively reported that there are sources saying the
Speaker 1: Securities Exchange Commission has been probing the company for its
Speaker 1: data collection practices, and so the agency specifically looking into
Speaker 1: allegations that app love and violated platform partners service agreements
Speaker 1: to push more targeted advertising to customers. App Levin did
Speaker 1: decline to comment. They say that it's generally not speaking
Speaker 1: on any potential regulatory matters. So getting a bit of
Speaker 1: a rebound after that big drop yesterday, but watch the
Speaker 1: space for more developments in that case.
Speaker 3: Okay, and Christine. We're also looking at Dollar Tree in
Speaker 3: the retail space.
Speaker 1: Absolutely Scarl's a Dollar Tree ticker DLTR. Those chares not
Speaker 1: doing so well at the moment, down two point nine percent,
Speaker 1: and I'm seeing on the Bloomberg that that is the
Speaker 1: fifth straight day of declines. There. We did see a
Speaker 1: pair of analyst cuts to start the WII for Dollar Tree.
Speaker 1: Jeffrey's downgraded the retailer to underperform from hold. Analysts are
Speaker 1: citing inflation management decisions and terariffs as some of the
Speaker 1: reasons why it is now a more complex environment for
Speaker 1: Dollar Tree. They're also citing specifically rising competitive intensity and
Speaker 1: a disadvantage from Walmart because of course the big box
Speaker 1: retailer very much competing in terms of low prices. And
Speaker 1: then of course we also got Bernstein cutting their part
Speaker 1: start for Dollar Tree to one hundred from one hundred
Speaker 1: and nine. Still maintaining our.
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