Speaker 1: Bloomberg Audio Studios, Podcasts, radio news.
Speaker 2: This is the closing bell on this stock movers report
Speaker 2: the company's making moves at the close of US trading
Speaker 2: with Carol Masser, Tim Stenoveck, Romain Bostik, and Katie Greyfell.
Speaker 3: All right, let me get to some of my gainers here.
Speaker 3: I was kind of.
Speaker 4: Changing in last minute.
Speaker 3: Philly gets a Philly our producer gets an award because
Speaker 3: I was moving stuff around a lot, so she is
Speaker 3: a gem. I want to go to Oracle. Let's start there,
Speaker 3: because you're number two gainer in the S and P
Speaker 3: five hundred, they reported. As we all know, earnings after
Speaker 3: the close yesterday, we were all breaking them down. Stock
Speaker 3: soaring finishing off its best levels of the session, but
Speaker 3: still up about nine tenths of a percent. Here strong
Speaker 3: AI cloud sales fiscal year outlook suggesting little letup in
Speaker 3: demand for AI compute if you will, an AI related spending,
Speaker 3: and I will say that that was higher than expected.
Speaker 3: Oracle did maintain its capital spending, which as I said,
Speaker 3: was higher than expected for the quarter, but it maintained
Speaker 3: it for its fiscal year forecast. Fifty billion dollars is
Speaker 3: what it laid out and that seemed to be pleasing
Speaker 3: to investors. So again keep in mind, stuck down about
Speaker 3: fourteen percent year to day, down roughly fifty percent from
Speaker 3: it's high in September tenth of last year. Let's go
Speaker 3: to Sable Offshore. This was kind of a late ad
Speaker 3: thank you President Trump. Ticker's sooc President Trump getting ready
Speaker 3: or said to be preparing to invoke a Cold War
Speaker 3: era power to pave the way for renewed oil production
Speaker 3: off the southern coast of California. And this is the
Speaker 3: Sable Offshore company looking to restart significant production from a
Speaker 3: closely or from a cluster I should say, have offshore
Speaker 3: platforms in California. So this one halted in trading earlier,
Speaker 3: up as much as thirty three percent in today's trade,
Speaker 3: finishing the day with a gain of about fifteen percent.
Speaker 3: Go on over to CFN Industries tickers cf and this
Speaker 3: one also on a tear today and you can see
Speaker 3: it's up about nine percent here, more than fifty percent
Speaker 3: year to date on track. I believe this might be
Speaker 3: a record closed for this one. Agricultural chemical company. So
Speaker 3: we're talking about fertilizers. We've seen them rise as a
Speaker 3: result of what's going on in the Middle East and
Speaker 3: the US war in Iran. It's impacting nitrogen phosphate supplies,
Speaker 3: raising prices. Keep in mind that Saudi Arabia supplies about
Speaker 3: fifteen to twenty percent of the global trade, all through
Speaker 3: the Strait of horror moves, according to a recent note
Speaker 3: from Scotiabank. So these companies, as a result of all
Speaker 3: of this, maybe supplies are going to be impacted, and
Speaker 3: so you're seeing higher prices potentially for these areas. And
Speaker 3: I got to mention Caesars if I can just real
Speaker 3: quickly again a late ad up about twelve percent. This
Speaker 3: as billionaire Tillman for Tita in exclusive talks to buy
Speaker 3: the company for about seven billion dollars. We're talking about
Speaker 3: thirty four dollars a year, and you can see the
Speaker 3: stock closing just below thirty dollars a share. This would
Speaker 3: top a competing from carl Icon. And this is all
Speaker 3: according to the Wall Street Journal, citing people familiar. So Finley,
Speaker 3: thank you again for the change.
Speaker 4: All right, let's talk about some of the hosts.
Speaker 3: That was a lot. I was so afraid you're going
Speaker 3: to be like, oh wait, but we got to do
Speaker 3: an honorable mention so I was changing.
Speaker 4: You just have to always have an honorable mention ready Roman, No,
Speaker 4: thank you, Tim, Yeah, I'm back. I know her well.
Speaker 4: I want to start with the alternative asset managers, starting
Speaker 4: with Aries and KKR. Aries fell today by four point
Speaker 4: eight percent. KKR fell by three point two percent. This
Speaker 4: as JP Morgan Chase is said to be restricting some
Speaker 4: lending to private credit funds. The move ads to already
Speaker 4: week sentiments surrounding alternative asset managers after weeks of stock selloffs.
Speaker 4: Blue Owl I was looking down more than sixty percent
Speaker 4: from last year's highs. Pretty remarkable. Also looking to share
Speaker 4: as a Striker today. They fell on the day today
Speaker 4: after a cyber attack against the company crippled the company's
Speaker 4: global operations. This according to a person familiar with the
Speaker 4: matter and a memo seen by Bloomberg News. Striker shares
Speaker 4: fell by three point six percent. The pro i Ruanian
Speaker 4: digital activist group Handala has claimed credit for the incident,
Speaker 4: and many Striker employees around the world are unable to
Speaker 4: work and have been sent home from offices. Striker has
Speaker 4: stated that it is experiencing a global network disruption to
Speaker 4: its Microsoft environment as a result of the cyber attack,
Speaker 4: and its teams are working to understand the impact of
Speaker 4: the attack on its system. And finally, how about Campbell's
Speaker 4: soup shares falling today down by seven percent. The company
Speaker 4: cut its profit out look to the lowest in a decade.
Speaker 4: Consumers are moving away from chips and pretzels, Supply constraints
Speaker 4: are weighing on sales of freshly baked goods. Snack's division
Speaker 4: remained missed expectations of the second the fiscal quarter, and
Speaker 4: we got some earning still.
Speaker 1: Yeah, let's go to Petco to tick a wolf. The
Speaker 1: shares up fifteen percent in the after hours, traded their
Speaker 1: earnings just crossing the wire. Adjusted EBADAH in the most
Speaker 1: recent quarter does look like it was a beat. Net
Speaker 1: sales relatively in line with expectations at about one point
Speaker 1: five to two billion, and here's your four. The company
Speaker 1: says that for the full year, expect a justine epatah
Speaker 1: in a range of four hundred and fifteen to four
Speaker 1: and thirty million dollars. That's above, well above what the
Speaker 1: street was looking for at about four to oh four.
Speaker 1: A lot of that, though, does appear to be back
Speaker 1: weighted toward the second half of the year, as they
Speaker 1: do give a first quarter a jusse ebadad number that
Speaker 1: is higher than what the street was looking for, but
Speaker 1: only by a.
Speaker 3: Couple thought what's that ticker?
Speaker 1: Remain woof all you dog love.
Speaker 3: Wait, how do you say it? Yeah?
Speaker 1: Katie anyway, Yeah, that's for Katie there, for the cat
Speaker 1: lover here on the one cat lover here on the program.
Speaker 1: We forgive her, we do. We just want to check
Speaker 1: in out real quick on yields here, because we did
Speaker 1: actually continue to see a meaningful move higher, particularly on
Speaker 1: the long end of the curve, with your twenty year
Speaker 1: and your thirty year yield up by about eight basis
Speaker 1: points on the day. So the saw off in that
Speaker 1: space does continue on the shorter end of the curve
Speaker 1: up about five basis points here. That is a setup
Speaker 1: heading into a FED decision day one week from today.
Speaker 3: All right, everybody, let's get to some stories on our radar.
Speaker 3: Maybe not such a great batman, but it maybe he's
Speaker 3: better at doing deals. I'm talking about Ben Affleck.
Speaker 4: Was he not looked at as a good batman?
Speaker 3: You know? Tom?
Speaker 1: No, you know even he knows that.
Speaker 3: So Netflix is going to pay as much as six
Speaker 3: hundred million dollars for ben Afflex AI firm. It is
Speaker 3: called Interpositive. It's an AI movie making company.
Speaker 4: Tim It's cheaper than a seventy two billion dollar pursuit
Speaker 4: of Warner Brothers, you know. But it raises the question
Speaker 4: about Hollywood and AI. This is really interesting because, as
Speaker 4: we know, workers in Hollywood are worried that studios will
Speaker 4: use AI to eliminate jobs. But this company, Interpositive, is
Speaker 4: what it's called. The director needs to shoot a movie
Speaker 4: before the software can train using the footage. Only then
Speaker 4: can it help remove stray adams or adjust the background
Speaker 4: in a scene. It doesn't train on films without permission
Speaker 4: or generate new projects without the base cleans up stuff
Speaker 4: cleans up. But that's still I would imagine that still
Speaker 4: does do things that manual have been done manually in
Speaker 4: the past or people have done in the past.
Speaker 1: So yeah, I like to see a film actually produce
Speaker 1: buy this company, though I will say.
Speaker 4: I mean it is. David Fincher has been using it
Speaker 4: in an upcoming brad pitfilm.
Speaker 1: Upcoming brad pitfilm, So there's a schedule.
Speaker 2: This stock Moovers report from Bloomberg Radio. Check back with
Speaker 2: us throughout the day. For the latest roundup of companies
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