1 00:00:02,520 --> 00:00:07,000 Speaker 1: Bloomberg Audio Studios, Podcasts, radio news. 2 00:00:10,080 --> 00:00:13,520 Speaker 2: This is the closing bell on this stock movers report 3 00:00:13,760 --> 00:00:16,720 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 Carol Masser, Tim Stenoveck, Romain Bostik, and Katie Greyfell. 5 00:00:22,160 --> 00:00:25,040 Speaker 3: All right, let me get to some of my gainers here. 6 00:00:25,160 --> 00:00:25,800 Speaker 3: I was kind of. 7 00:00:25,800 --> 00:00:28,040 Speaker 4: Changing in last minute. 8 00:00:28,280 --> 00:00:30,880 Speaker 3: Philly gets a Philly our producer gets an award because 9 00:00:30,880 --> 00:00:32,960 Speaker 3: I was moving stuff around a lot, so she is 10 00:00:33,000 --> 00:00:35,520 Speaker 3: a gem. I want to go to Oracle. Let's start there, 11 00:00:35,560 --> 00:00:37,479 Speaker 3: because you're number two gainer in the S and P 12 00:00:37,600 --> 00:00:40,920 Speaker 3: five hundred, they reported. As we all know, earnings after 13 00:00:40,920 --> 00:00:43,360 Speaker 3: the close yesterday, we were all breaking them down. Stock 14 00:00:43,479 --> 00:00:46,280 Speaker 3: soaring finishing off its best levels of the session, but 15 00:00:46,320 --> 00:00:48,680 Speaker 3: still up about nine tenths of a percent. Here strong 16 00:00:48,760 --> 00:00:52,839 Speaker 3: AI cloud sales fiscal year outlook suggesting little letup in 17 00:00:52,880 --> 00:00:58,040 Speaker 3: demand for AI compute if you will, an AI related spending, 18 00:00:58,600 --> 00:01:00,880 Speaker 3: and I will say that that was higher than expected. 19 00:01:00,880 --> 00:01:05,399 Speaker 3: Oracle did maintain its capital spending, which as I said, 20 00:01:05,440 --> 00:01:07,640 Speaker 3: was higher than expected for the quarter, but it maintained 21 00:01:07,640 --> 00:01:09,840 Speaker 3: it for its fiscal year forecast. Fifty billion dollars is 22 00:01:09,840 --> 00:01:12,320 Speaker 3: what it laid out and that seemed to be pleasing 23 00:01:12,480 --> 00:01:15,319 Speaker 3: to investors. So again keep in mind, stuck down about 24 00:01:15,319 --> 00:01:18,279 Speaker 3: fourteen percent year to day, down roughly fifty percent from 25 00:01:18,720 --> 00:01:21,880 Speaker 3: it's high in September tenth of last year. Let's go 26 00:01:21,920 --> 00:01:24,479 Speaker 3: to Sable Offshore. This was kind of a late ad 27 00:01:24,520 --> 00:01:29,360 Speaker 3: thank you President Trump. Ticker's sooc President Trump getting ready 28 00:01:29,760 --> 00:01:32,120 Speaker 3: or said to be preparing to invoke a Cold War 29 00:01:32,160 --> 00:01:35,920 Speaker 3: era power to pave the way for renewed oil production 30 00:01:36,040 --> 00:01:40,000 Speaker 3: off the southern coast of California. And this is the 31 00:01:40,040 --> 00:01:44,520 Speaker 3: Sable Offshore company looking to restart significant production from a 32 00:01:44,600 --> 00:01:47,200 Speaker 3: closely or from a cluster I should say, have offshore 33 00:01:47,760 --> 00:01:51,000 Speaker 3: platforms in California. So this one halted in trading earlier, 34 00:01:51,080 --> 00:01:53,400 Speaker 3: up as much as thirty three percent in today's trade, 35 00:01:53,560 --> 00:01:56,320 Speaker 3: finishing the day with a gain of about fifteen percent. 36 00:01:57,400 --> 00:02:02,200 Speaker 3: Go on over to CFN Industries tickers cf and this 37 00:02:02,240 --> 00:02:04,760 Speaker 3: one also on a tear today and you can see 38 00:02:04,800 --> 00:02:07,559 Speaker 3: it's up about nine percent here, more than fifty percent 39 00:02:07,600 --> 00:02:09,520 Speaker 3: year to date on track. I believe this might be 40 00:02:09,880 --> 00:02:12,880 Speaker 3: a record closed for this one. Agricultural chemical company. So 41 00:02:12,880 --> 00:02:15,679 Speaker 3: we're talking about fertilizers. We've seen them rise as a 42 00:02:15,720 --> 00:02:17,840 Speaker 3: result of what's going on in the Middle East and 43 00:02:17,880 --> 00:02:22,000 Speaker 3: the US war in Iran. It's impacting nitrogen phosphate supplies, 44 00:02:22,080 --> 00:02:25,480 Speaker 3: raising prices. Keep in mind that Saudi Arabia supplies about 45 00:02:25,480 --> 00:02:27,760 Speaker 3: fifteen to twenty percent of the global trade, all through 46 00:02:27,760 --> 00:02:30,680 Speaker 3: the Strait of horror moves, according to a recent note 47 00:02:30,720 --> 00:02:34,200 Speaker 3: from Scotiabank. So these companies, as a result of all 48 00:02:34,240 --> 00:02:36,760 Speaker 3: of this, maybe supplies are going to be impacted, and 49 00:02:36,800 --> 00:02:42,040 Speaker 3: so you're seeing higher prices potentially for these areas. And 50 00:02:42,080 --> 00:02:44,160 Speaker 3: I got to mention Caesars if I can just real 51 00:02:44,240 --> 00:02:48,359 Speaker 3: quickly again a late ad up about twelve percent. This 52 00:02:48,520 --> 00:02:52,280 Speaker 3: as billionaire Tillman for Tita in exclusive talks to buy 53 00:02:52,360 --> 00:02:54,760 Speaker 3: the company for about seven billion dollars. We're talking about 54 00:02:54,760 --> 00:02:56,640 Speaker 3: thirty four dollars a year, and you can see the 55 00:02:56,639 --> 00:02:59,280 Speaker 3: stock closing just below thirty dollars a share. This would 56 00:02:59,280 --> 00:03:01,640 Speaker 3: top a competing from carl Icon. And this is all 57 00:03:01,639 --> 00:03:05,320 Speaker 3: according to the Wall Street Journal, citing people familiar. So Finley, 58 00:03:05,400 --> 00:03:07,079 Speaker 3: thank you again for the change. 59 00:03:07,240 --> 00:03:09,680 Speaker 4: All right, let's talk about some of the hosts. 60 00:03:09,680 --> 00:03:11,320 Speaker 3: That was a lot. I was so afraid you're going 61 00:03:11,400 --> 00:03:12,720 Speaker 3: to be like, oh wait, but we got to do 62 00:03:12,720 --> 00:03:14,639 Speaker 3: an honorable mention so I was changing. 63 00:03:14,639 --> 00:03:17,640 Speaker 4: You just have to always have an honorable mention ready Roman, No, 64 00:03:18,760 --> 00:03:22,280 Speaker 4: thank you, Tim, Yeah, I'm back. I know her well. 65 00:03:22,800 --> 00:03:26,040 Speaker 4: I want to start with the alternative asset managers, starting 66 00:03:26,040 --> 00:03:28,760 Speaker 4: with Aries and KKR. Aries fell today by four point 67 00:03:28,800 --> 00:03:32,120 Speaker 4: eight percent. KKR fell by three point two percent. This 68 00:03:32,360 --> 00:03:35,360 Speaker 4: as JP Morgan Chase is said to be restricting some 69 00:03:35,480 --> 00:03:37,640 Speaker 4: lending to private credit funds. The move ads to already 70 00:03:37,640 --> 00:03:42,200 Speaker 4: week sentiments surrounding alternative asset managers after weeks of stock selloffs. 71 00:03:43,120 --> 00:03:46,200 Speaker 4: Blue Owl I was looking down more than sixty percent 72 00:03:46,240 --> 00:03:50,280 Speaker 4: from last year's highs. Pretty remarkable. Also looking to share 73 00:03:50,280 --> 00:03:53,160 Speaker 4: as a Striker today. They fell on the day today 74 00:03:53,200 --> 00:03:56,640 Speaker 4: after a cyber attack against the company crippled the company's 75 00:03:56,680 --> 00:03:59,680 Speaker 4: global operations. This according to a person familiar with the 76 00:03:59,720 --> 00:04:02,720 Speaker 4: matter and a memo seen by Bloomberg News. Striker shares 77 00:04:02,720 --> 00:04:05,240 Speaker 4: fell by three point six percent. The pro i Ruanian 78 00:04:05,320 --> 00:04:08,800 Speaker 4: digital activist group Handala has claimed credit for the incident, 79 00:04:09,000 --> 00:04:11,160 Speaker 4: and many Striker employees around the world are unable to 80 00:04:11,160 --> 00:04:13,839 Speaker 4: work and have been sent home from offices. Striker has 81 00:04:13,880 --> 00:04:16,360 Speaker 4: stated that it is experiencing a global network disruption to 82 00:04:16,400 --> 00:04:18,920 Speaker 4: its Microsoft environment as a result of the cyber attack, 83 00:04:19,120 --> 00:04:21,560 Speaker 4: and its teams are working to understand the impact of 84 00:04:21,600 --> 00:04:25,359 Speaker 4: the attack on its system. And finally, how about Campbell's 85 00:04:25,440 --> 00:04:30,640 Speaker 4: soup shares falling today down by seven percent. The company 86 00:04:30,680 --> 00:04:32,640 Speaker 4: cut its profit out look to the lowest in a decade. 87 00:04:32,680 --> 00:04:36,120 Speaker 4: Consumers are moving away from chips and pretzels, Supply constraints 88 00:04:36,120 --> 00:04:39,440 Speaker 4: are weighing on sales of freshly baked goods. Snack's division 89 00:04:39,440 --> 00:04:43,200 Speaker 4: remained missed expectations of the second the fiscal quarter, and 90 00:04:43,240 --> 00:04:44,360 Speaker 4: we got some earning still. 91 00:04:44,600 --> 00:04:46,880 Speaker 1: Yeah, let's go to Petco to tick a wolf. The 92 00:04:46,880 --> 00:04:49,400 Speaker 1: shares up fifteen percent in the after hours, traded their 93 00:04:49,400 --> 00:04:52,520 Speaker 1: earnings just crossing the wire. Adjusted EBADAH in the most 94 00:04:52,560 --> 00:04:55,240 Speaker 1: recent quarter does look like it was a beat. Net 95 00:04:55,320 --> 00:04:58,119 Speaker 1: sales relatively in line with expectations at about one point 96 00:04:58,120 --> 00:05:00,640 Speaker 1: five to two billion, and here's your four. The company 97 00:05:00,680 --> 00:05:03,279 Speaker 1: says that for the full year, expect a justine epatah 98 00:05:03,279 --> 00:05:04,800 Speaker 1: in a range of four hundred and fifteen to four 99 00:05:05,160 --> 00:05:07,600 Speaker 1: and thirty million dollars. That's above, well above what the 100 00:05:07,600 --> 00:05:09,960 Speaker 1: street was looking for at about four to oh four. 101 00:05:10,040 --> 00:05:12,080 Speaker 1: A lot of that, though, does appear to be back 102 00:05:12,080 --> 00:05:13,960 Speaker 1: weighted toward the second half of the year, as they 103 00:05:13,960 --> 00:05:16,280 Speaker 1: do give a first quarter a jusse ebadad number that 104 00:05:16,360 --> 00:05:18,160 Speaker 1: is higher than what the street was looking for, but 105 00:05:18,200 --> 00:05:19,400 Speaker 1: only by a. 106 00:05:19,360 --> 00:05:21,160 Speaker 3: Couple thought what's that ticker? 107 00:05:21,320 --> 00:05:24,120 Speaker 1: Remain woof all you dog love. 108 00:05:24,000 --> 00:05:25,520 Speaker 3: Wait, how do you say it? Yeah? 109 00:05:28,000 --> 00:05:30,800 Speaker 1: Katie anyway, Yeah, that's for Katie there, for the cat 110 00:05:30,839 --> 00:05:33,240 Speaker 1: lover here on the one cat lover here on the program. 111 00:05:33,400 --> 00:05:35,760 Speaker 1: We forgive her, we do. We just want to check 112 00:05:35,800 --> 00:05:37,680 Speaker 1: in out real quick on yields here, because we did 113 00:05:37,680 --> 00:05:40,440 Speaker 1: actually continue to see a meaningful move higher, particularly on 114 00:05:40,440 --> 00:05:42,040 Speaker 1: the long end of the curve, with your twenty year 115 00:05:42,080 --> 00:05:44,520 Speaker 1: and your thirty year yield up by about eight basis 116 00:05:44,520 --> 00:05:45,960 Speaker 1: points on the day. So the saw off in that 117 00:05:46,000 --> 00:05:48,560 Speaker 1: space does continue on the shorter end of the curve 118 00:05:48,640 --> 00:05:51,040 Speaker 1: up about five basis points here. That is a setup 119 00:05:51,240 --> 00:05:54,320 Speaker 1: heading into a FED decision day one week from today. 120 00:05:54,680 --> 00:05:57,400 Speaker 3: All right, everybody, let's get to some stories on our radar. 121 00:05:57,440 --> 00:06:00,800 Speaker 3: Maybe not such a great batman, but it maybe he's 122 00:06:00,800 --> 00:06:03,839 Speaker 3: better at doing deals. I'm talking about Ben Affleck. 123 00:06:04,400 --> 00:06:05,960 Speaker 4: Was he not looked at as a good batman? 124 00:06:06,080 --> 00:06:06,840 Speaker 3: You know? Tom? 125 00:06:06,920 --> 00:06:08,440 Speaker 1: No, you know even he knows that. 126 00:06:11,240 --> 00:06:13,080 Speaker 3: So Netflix is going to pay as much as six 127 00:06:13,120 --> 00:06:16,520 Speaker 3: hundred million dollars for ben Afflex AI firm. It is 128 00:06:16,520 --> 00:06:19,520 Speaker 3: called Interpositive. It's an AI movie making company. 129 00:06:19,560 --> 00:06:23,200 Speaker 4: Tim It's cheaper than a seventy two billion dollar pursuit 130 00:06:23,200 --> 00:06:25,560 Speaker 4: of Warner Brothers, you know. But it raises the question 131 00:06:25,600 --> 00:06:29,040 Speaker 4: about Hollywood and AI. This is really interesting because, as 132 00:06:29,080 --> 00:06:32,040 Speaker 4: we know, workers in Hollywood are worried that studios will 133 00:06:32,120 --> 00:06:36,039 Speaker 4: use AI to eliminate jobs. But this company, Interpositive, is 134 00:06:36,040 --> 00:06:38,640 Speaker 4: what it's called. The director needs to shoot a movie 135 00:06:38,680 --> 00:06:41,920 Speaker 4: before the software can train using the footage. Only then 136 00:06:42,200 --> 00:06:44,479 Speaker 4: can it help remove stray adams or adjust the background 137 00:06:44,520 --> 00:06:46,839 Speaker 4: in a scene. It doesn't train on films without permission 138 00:06:47,360 --> 00:06:50,040 Speaker 4: or generate new projects without the base cleans up stuff 139 00:06:50,160 --> 00:06:52,520 Speaker 4: cleans up. But that's still I would imagine that still 140 00:06:52,720 --> 00:06:55,359 Speaker 4: does do things that manual have been done manually in 141 00:06:55,360 --> 00:06:57,559 Speaker 4: the past or people have done in the past. 142 00:06:57,600 --> 00:07:00,000 Speaker 1: So yeah, I like to see a film actually produce 143 00:07:00,240 --> 00:07:01,920 Speaker 1: buy this company, though I will say. 144 00:07:01,680 --> 00:07:03,800 Speaker 4: I mean it is. David Fincher has been using it 145 00:07:03,839 --> 00:07:05,400 Speaker 4: in an upcoming brad pitfilm. 146 00:07:05,480 --> 00:07:08,599 Speaker 1: Upcoming brad pitfilm, So there's a schedule. 147 00:07:09,080 --> 00:07:14,800 Speaker 2: This stock Moovers report from Bloomberg Radio. 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