1 00:00:02,480 --> 00:00:09,840 Speaker 1: Bloomberg Audio Studios, podcasts, radio news. 2 00:00:10,039 --> 00:00:13,520 Speaker 2: This is the closing bell on this stock mover's report. 3 00:00:13,760 --> 00:00:16,680 Speaker 2: The company's making moves at the close of US trading 4 00:00:16,880 --> 00:00:21,360 Speaker 2: with Karl Masser, Tim Steneback, Romain Bostik, and Katie Greifel. 5 00:00:22,360 --> 00:00:24,560 Speaker 1: While we are getting some earnings, not necessarily the biggest 6 00:00:24,600 --> 00:00:26,640 Speaker 1: earnings in the world, but we sort of walked through 7 00:00:26,680 --> 00:00:28,480 Speaker 1: them to give a broader read here on what's going 8 00:00:28,520 --> 00:00:31,479 Speaker 1: on in the broader economy and more importantly specifically in 9 00:00:31,520 --> 00:00:33,680 Speaker 1: the tech space. Akamaia, which I guess makes a lot 10 00:00:33,680 --> 00:00:36,280 Speaker 1: of the pipelines, if you will, of the Internet, reporting 11 00:00:36,320 --> 00:00:38,400 Speaker 1: a just a DPS that did beat a dollar eighty 12 00:00:38,440 --> 00:00:42,239 Speaker 1: four versus street estimates of a dollar seventy six revenue 13 00:00:42,280 --> 00:00:44,720 Speaker 1: inline at about one point one billion dollars. But for 14 00:00:45,680 --> 00:00:48,200 Speaker 1: the full year twenty twenty six, the company says expect 15 00:00:48,200 --> 00:00:50,040 Speaker 1: revenue in a range of four point four to four 16 00:00:50,080 --> 00:00:52,760 Speaker 1: point five to five billion dollars, a low into that 17 00:00:52,840 --> 00:00:55,600 Speaker 1: range is in line with the average of analysts estimates, 18 00:00:55,640 --> 00:00:58,400 Speaker 1: and for the current quarter, the fiscal first quarter, the 19 00:00:58,400 --> 00:01:00,120 Speaker 1: company sees a just a dps in a range of 20 00:01:00,200 --> 00:01:02,560 Speaker 1: a dollar fifty to a dollar sixty seven. That might 21 00:01:02,600 --> 00:01:04,600 Speaker 1: be why the shares are down. The street was looking 22 00:01:04,640 --> 00:01:06,360 Speaker 1: for a dollar seventy five, so the top end of 23 00:01:06,360 --> 00:01:10,000 Speaker 1: that range a below significantly below the average of analyst estimate. 24 00:01:10,160 --> 00:01:12,160 Speaker 3: Yeah, come ies up about twenty five percent here in 25 00:01:12,160 --> 00:01:14,600 Speaker 3: twenty twenty six, but definitely a haircut if you look 26 00:01:14,640 --> 00:01:18,240 Speaker 3: at that after market trade. So continuing to track that one, Hey, 27 00:01:18,319 --> 00:01:20,479 Speaker 3: let's go to some of the individual gainers. If we 28 00:01:20,520 --> 00:01:24,360 Speaker 3: may Omnicom. We were breaking down the advertising and marketing 29 00:01:24,400 --> 00:01:26,400 Speaker 3: company about twenty four hours ago. It came out after 30 00:01:26,440 --> 00:01:28,520 Speaker 3: the close, and this is your number one gainer in 31 00:01:28,560 --> 00:01:30,920 Speaker 3: the S and P five hundred again of about fifteen 32 00:01:30,959 --> 00:01:35,000 Speaker 3: percent here, biggest intra day move that we've seen since 33 00:01:35,000 --> 00:01:37,240 Speaker 3: about February twenty twenty seconds. So this is a pretty 34 00:01:37,240 --> 00:01:40,360 Speaker 3: substantial move in this name. The company did report fourth 35 00:01:40,440 --> 00:01:43,679 Speaker 3: quote a revenue that beat consensus estimates. Companies board also 36 00:01:43,680 --> 00:01:46,760 Speaker 3: authorized a five billion dollar share buy back, and so 37 00:01:46,800 --> 00:01:49,840 Speaker 3: we definitely have seen investors moving into this one. Let's 38 00:01:49,880 --> 00:01:52,240 Speaker 3: move on over to the number two gainer in the 39 00:01:52,320 --> 00:01:54,880 Speaker 3: s and P five hundred. We're talking about Deer again 40 00:01:54,960 --> 00:01:57,880 Speaker 3: of just shy of twelve percent. It's the world's largest 41 00:01:57,920 --> 00:02:01,200 Speaker 3: farm machinery maker. And it did boost it's annual profit outlook, 42 00:02:01,240 --> 00:02:05,600 Speaker 3: anticipating a long awaited upturn in the agriculture economy, so 43 00:02:05,640 --> 00:02:08,480 Speaker 3: the company increased its outlook for small agriculture and turf, 44 00:02:08,800 --> 00:02:12,200 Speaker 3: as well as construction and forestry, but its largest segment 45 00:02:12,280 --> 00:02:15,800 Speaker 3: of production and precision agriculture, they did point out remains 46 00:02:15,880 --> 00:02:18,400 Speaker 3: under pressure, and then just got to mention Etsy, we 47 00:02:18,400 --> 00:02:20,600 Speaker 3: were talking about this one two twenty four hours ago 48 00:02:21,320 --> 00:02:24,480 Speaker 3: at CS high is almost thirteen percent intra day, but 49 00:02:24,639 --> 00:02:27,560 Speaker 3: finishing with a gain of about nine percent. The online 50 00:02:27,560 --> 00:02:30,440 Speaker 3: marketplace reported its fourth quarter results, but also a very 51 00:02:30,440 --> 00:02:32,760 Speaker 3: big impact of the company's deal to sell its deep 52 00:02:32,800 --> 00:02:36,320 Speaker 3: hop business to eBay for about one point two billion dollars. 53 00:02:36,360 --> 00:02:37,760 Speaker 4: Yes, Romain, I. 54 00:02:37,720 --> 00:02:39,880 Speaker 1: Thought you were going to do the third biggest gainer 55 00:02:39,960 --> 00:02:41,560 Speaker 1: in the S and P. You did the first, the 56 00:02:41,600 --> 00:02:42,760 Speaker 1: second just skipped over there. 57 00:02:42,840 --> 00:02:44,520 Speaker 4: You no, quite, Frankly, I'm not a one to two 58 00:02:44,560 --> 00:02:46,880 Speaker 4: three kind of gal. You should know that. What was it? 59 00:02:47,160 --> 00:02:47,440 Speaker 3: What is it? 60 00:02:47,520 --> 00:02:48,240 Speaker 4: Roman? What if you do? 61 00:02:48,280 --> 00:02:51,000 Speaker 1: It's Texas specific land. It was about ten percent here 62 00:02:51,040 --> 00:02:53,200 Speaker 1: on the day in Katie Greifeld, speaking of Texas, I 63 00:02:53,240 --> 00:02:54,839 Speaker 1: think there's some earnings out Also. 64 00:02:55,440 --> 00:02:59,880 Speaker 5: Speaking of Texas, this is coming from Texas Roadhouse. That's right. 65 00:02:59,880 --> 00:03:03,120 Speaker 4: We do have them compodies known for their role in Texas. 66 00:03:03,120 --> 00:03:04,240 Speaker 4: They were hoping for that text. 67 00:03:05,240 --> 00:03:07,440 Speaker 5: There's literally Texas in the name. Let's talk about some 68 00:03:07,520 --> 00:03:10,320 Speaker 5: of these numbers here. Fourth quarter revenue coming in a 69 00:03:10,360 --> 00:03:13,120 Speaker 5: bit light one point four eight billion dollars. The estimate 70 00:03:13,240 --> 00:03:17,840 Speaker 5: was for one point five billion dollars. EPs also coming 71 00:03:17,880 --> 00:03:20,480 Speaker 5: in a little bit below the year over year figure 72 00:03:20,560 --> 00:03:24,760 Speaker 5: one dollar twenty eight cents versus one dollar and seventy 73 00:03:24,760 --> 00:03:28,000 Speaker 5: three cents a year ago, so missing when it comes 74 00:03:28,040 --> 00:03:32,359 Speaker 5: to it's EPs there. It's interesting they are raising their 75 00:03:32,400 --> 00:03:35,600 Speaker 5: dividend here they do see twenty twenty six commodity cost 76 00:03:35,680 --> 00:03:38,880 Speaker 5: inflation about seven percent. We know that is a big 77 00:03:38,920 --> 00:03:42,360 Speaker 5: deal specifically for a lot of these names in the 78 00:03:42,400 --> 00:03:45,040 Speaker 5: restaurant industry. And you can see shares down about eight 79 00:03:45,120 --> 00:03:47,320 Speaker 5: tenths of a percent. You know, as we start to 80 00:03:47,320 --> 00:03:49,119 Speaker 5: parse through some of these numbers here. 81 00:03:49,280 --> 00:03:51,360 Speaker 4: Well, let's look at some of the worst performers in 82 00:03:51,400 --> 00:03:54,040 Speaker 4: the S and P five hundred today, weighing down the 83 00:03:54,080 --> 00:03:58,119 Speaker 4: index booking holdings among the biggest drags today, shares fell 84 00:03:58,200 --> 00:04:01,320 Speaker 4: to their lowest level at least going back to September 85 00:04:01,400 --> 00:04:04,040 Speaker 4: of twenty twenty four. Shares ended up closing down by 86 00:04:04,040 --> 00:04:07,240 Speaker 4: more than six point one percent. The company reported fourth 87 00:04:07,280 --> 00:04:10,680 Speaker 4: quarter adjusted EPs below expectations. Rest of the results though 88 00:04:10,760 --> 00:04:14,520 Speaker 4: largely above consensus. This is a stock that's four thousand dollars. 89 00:04:14,800 --> 00:04:17,400 Speaker 4: The company gave a growth forecast approved to twenty five 90 00:04:17,520 --> 00:04:21,880 Speaker 4: to one stock split. DA Davidson, Kanter Key Bank all 91 00:04:21,920 --> 00:04:24,960 Speaker 4: among the firms that cut their price targets after earnings. 92 00:04:25,720 --> 00:04:27,920 Speaker 4: Also keep an eye on what happened today with Blue 93 00:04:27,920 --> 00:04:31,120 Speaker 4: Oul Capital. Shares taken a hit after the company decided 94 00:04:31,120 --> 00:04:34,440 Speaker 4: to restrict withdrawals from one of its private credit funds. 95 00:04:34,440 --> 00:04:38,039 Speaker 4: It raises concerns about the entire private credit industry. At 96 00:04:38,080 --> 00:04:40,280 Speaker 4: one point eight trillion dollar market shares down today by 97 00:04:40,480 --> 00:04:44,000 Speaker 4: six percent. The firm set investors in Blue Oul Capital Corp. 98 00:04:44,080 --> 00:04:46,000 Speaker 4: Two will no longer be able to redeem shares on 99 00:04:46,000 --> 00:04:49,160 Speaker 4: a quarterly basis, and the funnel return capital through periodic 100 00:04:49,200 --> 00:04:54,159 Speaker 4: distributions funded by loan repayments, asset sales or other transactions. 101 00:04:54,760 --> 00:04:57,280 Speaker 4: And finally, watching what's going on today with shares of 102 00:04:57,360 --> 00:05:00,359 Speaker 4: Klarna Group. They fell by more than twenty six percent. 103 00:05:00,440 --> 00:05:03,039 Speaker 4: Let's just round that down. Round it up twenty seven 104 00:05:03,080 --> 00:05:05,800 Speaker 4: percent come on this after the company reported two consecutive 105 00:05:05,839 --> 00:05:08,880 Speaker 4: quarters of losses. It's struggling to convince investors to hold 106 00:05:08,880 --> 00:05:11,880 Speaker 4: on for future profit pretext loss of two hundred and 107 00:05:11,920 --> 00:05:14,839 Speaker 4: forty one million dollars for the last year. Despite pulling 108 00:05:14,839 --> 00:05:18,120 Speaker 4: in record revenue, it set aside more money for potentially 109 00:05:18,200 --> 00:05:20,760 Speaker 4: souring loans. So I don't know if that's a commentary 110 00:05:20,800 --> 00:05:23,799 Speaker 4: about the customers of Klarna that it serves around the world. 111 00:05:23,960 --> 00:05:26,080 Speaker 1: Yeah, I'm actually intrigued by that story because wasn't that 112 00:05:26,120 --> 00:05:28,279 Speaker 1: whole idea is that given the short term nature of 113 00:05:28,279 --> 00:05:30,360 Speaker 1: these loans, they weren't carrying as much credit risk as 114 00:05:30,360 --> 00:05:33,400 Speaker 1: maybe the exactational banks were. But definitely something to look into. 115 00:05:33,520 --> 00:05:35,800 Speaker 4: That's a big haircut today, twenty seven percent. 116 00:05:35,960 --> 00:05:40,200 Speaker 1: Yeah, it is, it's huge. Just real quickly, let's going ball, tim, 117 00:05:40,600 --> 00:05:41,560 Speaker 1: what's going on over there? 118 00:05:41,960 --> 00:05:45,239 Speaker 4: That's that a that's going fall. That's a big drop, 119 00:05:45,320 --> 00:05:47,760 Speaker 4: that's a full shape. Yeah, thank you, Katie. 120 00:05:48,920 --> 00:05:52,920 Speaker 2: This stock Mover's report from Bloomberg Radio. Check back with 121 00:05:53,000 --> 00:05:55,599 Speaker 2: us throughout the day for the latest roundup of companies 122 00:05:55,640 --> 00:05:58,760 Speaker 2: making news on Wall Street and for the latest market 123 00:05:58,800 --> 00:06:03,240 Speaker 2: moving headlines. 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