WEBVTT - Meta Rises, Microsoft Gains, Qualcomm Drops After Mixed Outlook 

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<v Speaker 1>Bloomberg Audio Studios, podcasts, radio news, The Stock Movers Report,

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<v Speaker 1>your roundup of companies making moves in the stock market,

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<v Speaker 1>harnessing the power of Bloomberg Data.

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<v Speaker 2>We're sitting here with normal Linda.

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<v Speaker 1>I'm Paul screen.

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<v Speaker 2>Let's take a look at some of the stocks on

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<v Speaker 2>the move today. We can do that Bloomberg's touch on

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<v Speaker 2>a Darry touch on.

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<v Speaker 1>There's a lot of names to look at today.

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<v Speaker 2>What do you exactly? Well, I picked three names because

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<v Speaker 2>I think they underscored the divergence between big tech writing

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<v Speaker 2>the AI boom, and the rest dealing with taroff concerns.

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<v Speaker 2>So by that I'm looking at Meta up to percent,

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<v Speaker 2>hitting a record high here after crushing estimates. This quarter

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<v Speaker 2>are really strong quarter, you know, its largest revenue surprised

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<v Speaker 2>in at least two years, and with this move a

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<v Speaker 2>twelve percent move after earnings that marks its best post

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<v Speaker 2>earnings rally since February twenty twenty four when they introduced

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<v Speaker 2>their first ever dividend, and lots of eyes on AI

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<v Speaker 2>spending there they did narrow that forecast, didn't quite boost it,

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<v Speaker 2>but signal that in twenty twenty six where we will

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<v Speaker 2>see more spending, but investors are not bothered because results.

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<v Speaker 2>The results corps message here and Zuckerberg's core message on

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<v Speaker 2>the call was that AI spending is paying off here

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<v Speaker 2>and now and not years later. And I think that's

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<v Speaker 2>starting to convince investors that maybe all this overvaluation or

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<v Speaker 2>bubble concerns aren't really that justified.

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<v Speaker 3>CVX is really the story here this earning season. It

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<v Speaker 3>feels as though that's really what the focus is for investors.

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<v Speaker 3>As we're thinking a lot about these big tech earnings.

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<v Speaker 3>I'm looking at MAX seven stocks more broadly, of course,

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<v Speaker 3>and Videos the front runners you'd expect, but Meta being

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<v Speaker 3>the second best performing stock today this year. Rather, you're

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<v Speaker 3>also looking at Microsoft.

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<v Speaker 2>Yes, Microsoft also hitting a record high, although pulling back

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<v Speaker 2>from its session highs here a little bit. Kapex is

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<v Speaker 2>the story there as well. They hit a record twenty

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<v Speaker 2>four billion and Kapex spent this quarter. They signaled an

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<v Speaker 2>even bigger one in the next quarter. But you know,

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<v Speaker 2>the key story here is that these numbers would have

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<v Speaker 2>been more problematic if we didn't deliver on the results.

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<v Speaker 2>But these companies are delivering, and I think that's the

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<v Speaker 2>most important message and one that tech investors are rewarding

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<v Speaker 2>right now. Definitely, all right, we got one more here, Qualcom.

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<v Speaker 2>What's happening there? Yeah, so qual Qualcom would be part

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<v Speaker 2>of the rest you know that are dealing with sort

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<v Speaker 2>of the potential tariff weakness. They are exposed more to

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<v Speaker 2>the consumer goods. They're slightly under pressure here. Well, it's

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<v Speaker 2>gotten down more down four percent. The ticker there is

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<v Speaker 2>q Com and that's largely on a pretty good quarter,

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<v Speaker 2>but there was a little bit of softness in the

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<v Speaker 2>smartphone related market that is fueling concerns that tariffs are

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<v Speaker 2>going to take a toll on this industry, and analysts

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<v Speaker 2>are saying the strength in their fiscal third quarter was

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<v Speaker 2>because people sort of pulled that demand forward and that

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<v Speaker 2>will leave the next quarters or the next year's results

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<v Speaker 2>a little bit at risk there. So it will be

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<v Speaker 2>interesting to see what the CEO has to say.

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