Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The Stock Movers Report,
Speaker 1: your roundup of companies making moves in the stock market,
Speaker 1: harnessing the power of Bloomberg Data.
Speaker 2: We're sitting here with normal Linda.
Speaker 1: I'm Paul screen.
Speaker 2: Let's take a look at some of the stocks on
Speaker 2: the move today. We can do that Bloomberg's touch on
Speaker 2: a Darry touch on.
Speaker 1: There's a lot of names to look at today.
Speaker 2: What do you exactly? Well, I picked three names because
Speaker 2: I think they underscored the divergence between big tech writing
Speaker 2: the AI boom, and the rest dealing with taroff concerns.
Speaker 2: So by that I'm looking at Meta up to percent,
Speaker 2: hitting a record high here after crushing estimates. This quarter
Speaker 2: are really strong quarter, you know, its largest revenue surprised
Speaker 2: in at least two years, and with this move a
Speaker 2: twelve percent move after earnings that marks its best post
Speaker 2: earnings rally since February twenty twenty four when they introduced
Speaker 2: their first ever dividend, and lots of eyes on AI
Speaker 2: spending there they did narrow that forecast, didn't quite boost it,
Speaker 2: but signal that in twenty twenty six where we will
Speaker 2: see more spending, but investors are not bothered because results.
Speaker 2: The results corps message here and Zuckerberg's core message on
Speaker 2: the call was that AI spending is paying off here
Speaker 2: and now and not years later. And I think that's
Speaker 2: starting to convince investors that maybe all this overvaluation or
Speaker 2: bubble concerns aren't really that justified.
Speaker 3: CVX is really the story here this earning season. It
Speaker 3: feels as though that's really what the focus is for investors.
Speaker 3: As we're thinking a lot about these big tech earnings.
Speaker 3: I'm looking at MAX seven stocks more broadly, of course,
Speaker 3: and Videos the front runners you'd expect, but Meta being
Speaker 3: the second best performing stock today this year. Rather, you're
Speaker 3: also looking at Microsoft.
Speaker 2: Yes, Microsoft also hitting a record high, although pulling back
Speaker 2: from its session highs here a little bit. Kapex is
Speaker 2: the story there as well. They hit a record twenty
Speaker 2: four billion and Kapex spent this quarter. They signaled an
Speaker 2: even bigger one in the next quarter. But you know,
Speaker 2: the key story here is that these numbers would have
Speaker 2: been more problematic if we didn't deliver on the results.
Speaker 2: But these companies are delivering, and I think that's the
Speaker 2: most important message and one that tech investors are rewarding
Speaker 2: right now. Definitely, all right, we got one more here, Qualcom.
Speaker 2: What's happening there? Yeah, so qual Qualcom would be part
Speaker 2: of the rest you know that are dealing with sort
Speaker 2: of the potential tariff weakness. They are exposed more to
Speaker 2: the consumer goods. They're slightly under pressure here. Well, it's
Speaker 2: gotten down more down four percent. The ticker there is
Speaker 2: q Com and that's largely on a pretty good quarter,
Speaker 2: but there was a little bit of softness in the
Speaker 2: smartphone related market that is fueling concerns that tariffs are
Speaker 2: going to take a toll on this industry, and analysts
Speaker 2: are saying the strength in their fiscal third quarter was
Speaker 2: because people sort of pulled that demand forward and that
Speaker 2: will leave the next quarters or the next year's results
Speaker 2: a little bit at risk there. So it will be
Speaker 2: interesting to see what the CEO has to say.
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