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Speaker 1: Bloomberg Audio Studios, podcasts, radio News.

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Speaker 2: The Stock Movers report, your roundup of companies making moves

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Speaker 2: in the stock market, harnessing the power of Bloomberg Data.

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Speaker 3: I'm Carol Masser along with Tim Stentevik. Let's take a

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Speaker 3: look at some stocks that were on the move in

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Speaker 3: today's session. We're joined by Bloomberg News Equities reporter and

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Speaker 3: Deputy team leader for US Equities Carmen Rynicky with Stock

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Speaker 3: Movers and not a surprise, we got to talk about Apple.

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Speaker 2: Yeah.

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Speaker 4: Apple was one of the biggest ones that we were

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Speaker 4: watching today. This is ticker AAPL. The stock fell. It

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Speaker 4: ended the day down one and a half percent after

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Speaker 4: unveiling its new iPhone seventeen lineup, which included the Air design,

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Speaker 4: which was much skinnier than the previous phones. It also

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Speaker 4: improved the devices to durability and camera technology. I mean,

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Speaker 4: I guess we're seeing that investors, you know, weren't super

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Speaker 4: impressed with this lineup. This is a big event, you know,

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Speaker 4: for Apple, because it really drives sort of what the

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Speaker 4: next season of buying of these phones will will be.

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Speaker 4: iPhone is important, it's the biggest money maker for the

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Speaker 4: company and we've seen a few years of slowing demand,

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Speaker 4: so really all eyes were on the air. Something that

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Speaker 4: might have been sort of a sticking point for investors

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Speaker 4: was the price. So the standard iPhone will stay at

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Speaker 4: seven ninety nine, the Pro model will be more expensive,

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Speaker 4: up by one hundred dollars, and the new air version

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Speaker 4: will cost nine hundred and ninety nine dollars.

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Speaker 3: Whoever thought that every couple of years we might be

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Speaker 3: spending one thousand dollars.

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Speaker 1: I mean, Apple wants it to be every couple of years.

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Speaker 1: I think the challenge is now every four years for people.

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Speaker 3: It is longer.

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Speaker 1: Yeah, yeah, yeah. Hey, the Airpod's Pro model that was

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Speaker 1: announced today with heart rate monitor included. That's pretty cool.

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Speaker 1: That is pretty cool.

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Speaker 3: Yeah. I feel like they are into health right and

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Speaker 3: it makes a lot of sense. Hey, speaking of health,

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Speaker 3: United Health is another one Carmen that you're wanting watching.

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Speaker 2: Tell us about that.

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Speaker 3: Yeah.

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Speaker 4: So ticker un H today gained eight point six percent.

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Speaker 4: This is the highest sense may for the stock. The

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Speaker 4: company said that it expects most of its Medicare advantage

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Speaker 4: members to be in highly rated plans that will earn

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Speaker 4: bonus payments next year, and this is good for its

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Speaker 4: health insurance business, so UNH is the biggest seller of

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Speaker 4: private medicare advantage plans. These star ratings are really crucial.

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Speaker 4: It sort of fuels demand and then higher reimbursement from

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Speaker 4: the government for customers. So data, preliminary data showed that

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Speaker 4: about seventy eight percent of members will be in plans

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Speaker 4: with at least four stars, which is the threshold for

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Speaker 4: earning bonus payments. So investors were happy about this. A

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Speaker 4: filtering medicare strategy is one of the reasons that it

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Speaker 4: actually slashed its outlook earlier in the year, which contributed

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Speaker 4: to a pretty big sell off. The stock was down

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Speaker 4: more than or at least thirty seven percent through Monday's close.

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Speaker 4: So this was definitely, you know, some some news that

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Speaker 4: investors were looking for around these plans.

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Speaker 3: Yeah, it's been really depressed, as you pointed out, the

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Speaker 3: year to date declined. So interesting to see some move

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Speaker 3: into to the f side and seeing investors finding some

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Speaker 3: interest in United Health.

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Speaker 1: Well, speaking of moves, Oracle moving in the after hours

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Speaker 1: the company out with earnings. What's going on?

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Speaker 4: Yeah, so ticker, our cl shares are up twenty three

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Speaker 4: percent right now. This is a huge jump. If this

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Speaker 4: holds over to tomorrow at market open, the stock will

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Speaker 4: be well above a record high set just think in

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Speaker 4: the last month. So the company and its earnings posted

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Speaker 4: a huge jump in bookings in the last quarter. Some

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Speaker 4: of these I think was a little bit expected. We

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Speaker 4: know that they had signed a very large deal with

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Speaker 4: open Ai. Still, you know, RPOs a measure of bookings

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Speaker 4: were four hundred and fifty five billion at the end

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Speaker 4: of the fiscal quarter, which was up from about one

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Speaker 4: hundred and thirty eight billion at the end of the

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Speaker 4: prior quarters. That's a huge jump. There was also some

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Speaker 4: really good cloud infrastructure revenue forecast numbers, so that they

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Speaker 4: said that they're basically going to continue seeing you know,

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Speaker 4: expanding growth from that business line item in the next

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Speaker 4: five years. And that's obviously Hughes is a huge AI story,

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Speaker 4: and it's just showing that Oracle's seeing you know, lots

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Speaker 4: and lots of demand.

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Speaker 2: The Stock Movers Report from Bloomberg Radio. Check back with

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Speaker 2: us throughout the day for the latest roundup of companies

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Speaker 2: making news on Wall Street and for the latest market

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