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: Let's take a look at some stocks on the move today.
Speaker 2: I'm Nathan Hager and here with your on video updates.
Speaker 2: Here's Bloomberg's KRITTI Goopda.
Speaker 3: Good morning, Critty, Good morning Nathan. Those shares down about
Speaker 3: one point seven percent. NVDA is your ticker. We've kind
Speaker 3: of been hovering around that level, I would say throughout
Speaker 3: the pre market session, treading about one hundred and seventy
Speaker 3: eight dollars and change. Now this is important because we
Speaker 3: were really expecting in Nvidia to be a major miss
Speaker 3: or a major hit, something a little bit more momentous
Speaker 3: than a less than two percent move in the pre market.
Speaker 2: At least that's what I was bracing for. We haven't
Speaker 2: really seen that.
Speaker 3: These earnings they're not they haven't been the A plus
Speaker 3: plus plus earnings that we have been so used to,
Speaker 3: but you're also not seeing the market punish them in
Speaker 3: a big, big way. The earning's coming out to basically
Speaker 3: be in kind of in line with expectations. They certainly beat.
Speaker 3: They had fifty six percent sales growth in the last quarter.
Speaker 3: That's a pretty juicy number in itself. Where you are
Speaker 3: seeing a little bit of the deterioration is of course
Speaker 3: the China question leading over the whole company and where
Speaker 3: the h twenty debate moves forward Boat Jensen Wog and
Speaker 3: the CFO talking about the uncertainty around that, but also
Speaker 3: the idea that you may actually see a little bit
Speaker 3: of the question around the diversification the hyperscalers, and also
Speaker 3: just the fact that the data revenue piece of their
Speaker 3: business has actually coming data center revenue seasing is coming
Speaker 3: down just a little bit. But again, fifty six percent,
Speaker 3: I think is the number you want to take away here.
Speaker 2: That's the number that the sales rose by and shares.
Speaker 3: Are down under two percent this morning ENVDA. That being said,
Speaker 3: we were so prepared for Nvidia, we completely forgot about
Speaker 3: CrowdStrike early. And that's where I would say more of
Speaker 3: the price action is this morning. See RWD is your
Speaker 3: ticker down about three point seven percent in the pre
Speaker 3: market this morning, trading at four hundred and dollars a share.
Speaker 3: Now all remember crowd strike for a variety of things,
Speaker 3: but most recently, and the shadow that's hanging over this
Speaker 3: company is the outage from last year. Well, it turns
Speaker 3: out still a big drag when it comes to their
Speaker 3: subscription base and the revenue that they are getting from that. However,
Speaker 3: they did raise their fullier earnings outlook despite that third
Speaker 3: quarter revenue guidance coming in below estimate, so as they're
Speaker 3: saying that this is a temporary blip, there is a better.
Speaker 2: Coming down the road, it did not convince Wall Street though.
Speaker 3: You are seeing a couple of price target cuts over
Speaker 3: at Piper Sandler, over at Bernstein as well, So certainly
Speaker 3: Wall Street is not happy and that's being reflected in
Speaker 3: the shares this morning. And Nathan An end with one
Speaker 3: more tech stock if I can, and that is hp Inc.
Speaker 3: HPQ is the ticker, trading out about twenty six dollars
Speaker 3: and changed down about one and a half percent. And
Speaker 3: now this one's a different story. It's a tech story.
Speaker 3: It met their earnings, their profit forecast looks decent, but
Speaker 3: it's the fact that they.
Speaker 2: Are worried about the tariff hit.
Speaker 3: They're worried about the geopolitics eating into their bottom line,
Speaker 3: and that's where to see the Street get a little
Speaker 3: bit nervous when it comes to this stock, especially when
Speaker 3: it comes to the personal computer business here as well.
Speaker 2: So HPQ is the ticker.
Speaker 3: Do not confuse this with HPE, which is Hewlett Packard
Speaker 3: Enterprises at It's a different stock. But HPQ is seeing
Speaker 3: a little bit of movement this morning.
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