WEBVTT - Closing Bell: Oracle Soars, Sable Offshore Skyrockets, Petco Surges 

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<v Speaker 1>Bloomberg Audio Studios, Podcasts, radio news.

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<v Speaker 2>This is the closing bell on this stock movers report

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<v Speaker 2>the company's making moves at the close of US trading

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<v Speaker 2>with Carol Masser, Tim Stenoveck, Romain Bostik, and Katie Greyfell.

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<v Speaker 3>All right, let me get to some of my gainers here.

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<v Speaker 3>I was kind of.

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<v Speaker 4>Changing in last minute.

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<v Speaker 3>Philly gets a Philly our producer gets an award because

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<v Speaker 3>I was moving stuff around a lot, so she is

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<v Speaker 3>a gem. I want to go to Oracle. Let's start there,

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<v Speaker 3>because you're number two gainer in the S and P

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<v Speaker 3>five hundred, they reported. As we all know, earnings after

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<v Speaker 3>the close yesterday, we were all breaking them down. Stock

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<v Speaker 3>soaring finishing off its best levels of the session, but

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<v Speaker 3>still up about nine tenths of a percent. Here strong

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<v Speaker 3>AI cloud sales fiscal year outlook suggesting little letup in

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<v Speaker 3>demand for AI compute if you will, an AI related spending,

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<v Speaker 3>and I will say that that was higher than expected.

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<v Speaker 3>Oracle did maintain its capital spending, which as I said,

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<v Speaker 3>was higher than expected for the quarter, but it maintained

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<v Speaker 3>it for its fiscal year forecast. Fifty billion dollars is

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<v Speaker 3>what it laid out and that seemed to be pleasing

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<v Speaker 3>to investors. So again keep in mind, stuck down about

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<v Speaker 3>fourteen percent year to day, down roughly fifty percent from

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<v Speaker 3>it's high in September tenth of last year. Let's go

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<v Speaker 3>to Sable Offshore. This was kind of a late ad

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<v Speaker 3>thank you President Trump. Ticker's sooc President Trump getting ready

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<v Speaker 3>or said to be preparing to invoke a Cold War

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<v Speaker 3>era power to pave the way for renewed oil production

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<v Speaker 3>off the southern coast of California. And this is the

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<v Speaker 3>Sable Offshore company looking to restart significant production from a

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<v Speaker 3>closely or from a cluster I should say, have offshore

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<v Speaker 3>platforms in California. So this one halted in trading earlier,

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<v Speaker 3>up as much as thirty three percent in today's trade,

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<v Speaker 3>finishing the day with a gain of about fifteen percent.

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<v Speaker 3>Go on over to CFN Industries tickers cf and this

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<v Speaker 3>one also on a tear today and you can see

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<v Speaker 3>it's up about nine percent here, more than fifty percent

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<v Speaker 3>year to date on track. I believe this might be

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<v Speaker 3>a record closed for this one. Agricultural chemical company. So

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<v Speaker 3>we're talking about fertilizers. We've seen them rise as a

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<v Speaker 3>result of what's going on in the Middle East and

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<v Speaker 3>the US war in Iran. It's impacting nitrogen phosphate supplies,

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<v Speaker 3>raising prices. Keep in mind that Saudi Arabia supplies about

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<v Speaker 3>fifteen to twenty percent of the global trade, all through

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<v Speaker 3>the Strait of horror moves, according to a recent note

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<v Speaker 3>from Scotiabank. So these companies, as a result of all

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<v Speaker 3>of this, maybe supplies are going to be impacted, and

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<v Speaker 3>so you're seeing higher prices potentially for these areas. And

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<v Speaker 3>I got to mention Caesars if I can just real

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<v Speaker 3>quickly again a late ad up about twelve percent. This

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<v Speaker 3>as billionaire Tillman for Tita in exclusive talks to buy

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<v Speaker 3>the company for about seven billion dollars. We're talking about

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<v Speaker 3>thirty four dollars a year, and you can see the

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<v Speaker 3>stock closing just below thirty dollars a share. This would

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<v Speaker 3>top a competing from carl Icon. And this is all

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<v Speaker 3>according to the Wall Street Journal, citing people familiar. So Finley,

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<v Speaker 3>thank you again for the change.

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<v Speaker 4>All right, let's talk about some of the hosts.

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<v Speaker 3>That was a lot. I was so afraid you're going

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<v Speaker 3>to be like, oh wait, but we got to do

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<v Speaker 3>an honorable mention so I was changing.

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<v Speaker 4>You just have to always have an honorable mention ready Roman, No,

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<v Speaker 4>thank you, Tim, Yeah, I'm back. I know her well.

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<v Speaker 4>I want to start with the alternative asset managers, starting

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<v Speaker 4>with Aries and KKR. Aries fell today by four point

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<v Speaker 4>eight percent. KKR fell by three point two percent. This

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<v Speaker 4>as JP Morgan Chase is said to be restricting some

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<v Speaker 4>lending to private credit funds. The move ads to already

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<v Speaker 4>week sentiments surrounding alternative asset managers after weeks of stock selloffs.

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<v Speaker 4>Blue Owl I was looking down more than sixty percent

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<v Speaker 4>from last year's highs. Pretty remarkable. Also looking to share

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<v Speaker 4>as a Striker today. They fell on the day today

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<v Speaker 4>after a cyber attack against the company crippled the company's

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<v Speaker 4>global operations. This according to a person familiar with the

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<v Speaker 4>matter and a memo seen by Bloomberg News. Striker shares

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<v Speaker 4>fell by three point six percent. The pro i Ruanian

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<v Speaker 4>digital activist group Handala has claimed credit for the incident,

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<v Speaker 4>and many Striker employees around the world are unable to

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<v Speaker 4>work and have been sent home from offices. Striker has

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<v Speaker 4>stated that it is experiencing a global network disruption to

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<v Speaker 4>its Microsoft environment as a result of the cyber attack,

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<v Speaker 4>and its teams are working to understand the impact of

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<v Speaker 4>the attack on its system. And finally, how about Campbell's

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<v Speaker 4>soup shares falling today down by seven percent. The company

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<v Speaker 4>cut its profit out look to the lowest in a decade.

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<v Speaker 4>Consumers are moving away from chips and pretzels, Supply constraints

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<v Speaker 4>are weighing on sales of freshly baked goods. Snack's division

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<v Speaker 4>remained missed expectations of the second the fiscal quarter, and

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<v Speaker 4>we got some earning still.

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<v Speaker 1>Yeah, let's go to Petco to tick a wolf. The

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<v Speaker 1>shares up fifteen percent in the after hours, traded their

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<v Speaker 1>earnings just crossing the wire. Adjusted EBADAH in the most

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<v Speaker 1>recent quarter does look like it was a beat. Net

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<v Speaker 1>sales relatively in line with expectations at about one point

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<v Speaker 1>five to two billion, and here's your four. The company

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<v Speaker 1>says that for the full year, expect a justine epatah

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<v Speaker 1>in a range of four hundred and fifteen to four

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<v Speaker 1>and thirty million dollars. That's above, well above what the

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<v Speaker 1>street was looking for at about four to oh four.

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<v Speaker 1>A lot of that, though, does appear to be back

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<v Speaker 1>weighted toward the second half of the year, as they

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<v Speaker 1>do give a first quarter a jusse ebadad number that

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<v Speaker 1>is higher than what the street was looking for, but

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<v Speaker 1>only by a.

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<v Speaker 3>Couple thought what's that ticker?

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<v Speaker 1>Remain woof all you dog love.

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<v Speaker 3>Wait, how do you say it? Yeah?

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<v Speaker 1>Katie anyway, Yeah, that's for Katie there, for the cat

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<v Speaker 1>lover here on the one cat lover here on the program.

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<v Speaker 1>We forgive her, we do. We just want to check

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<v Speaker 1>in out real quick on yields here, because we did

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<v Speaker 1>actually continue to see a meaningful move higher, particularly on

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<v Speaker 1>the long end of the curve, with your twenty year

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<v Speaker 1>and your thirty year yield up by about eight basis

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<v Speaker 1>points on the day. So the saw off in that

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<v Speaker 1>space does continue on the shorter end of the curve

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<v Speaker 1>up about five basis points here. That is a setup

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<v Speaker 1>heading into a FED decision day one week from today.

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<v Speaker 3>All right, everybody, let's get to some stories on our radar.

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<v Speaker 3>Maybe not such a great batman, but it maybe he's

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<v Speaker 3>better at doing deals. I'm talking about Ben Affleck.

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<v Speaker 4>Was he not looked at as a good batman?

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<v Speaker 3>You know? Tom?

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<v Speaker 1>No, you know even he knows that.

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<v Speaker 3>So Netflix is going to pay as much as six

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<v Speaker 3>hundred million dollars for ben Afflex AI firm. It is

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<v Speaker 3>called Interpositive. It's an AI movie making company.

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<v Speaker 4>Tim It's cheaper than a seventy two billion dollar pursuit

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<v Speaker 4>of Warner Brothers, you know. But it raises the question

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<v Speaker 4>about Hollywood and AI. This is really interesting because, as

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<v Speaker 4>we know, workers in Hollywood are worried that studios will

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<v Speaker 4>use AI to eliminate jobs. But this company, Interpositive, is

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<v Speaker 4>what it's called. The director needs to shoot a movie

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<v Speaker 4>before the software can train using the footage. Only then

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<v Speaker 4>can it help remove stray adams or adjust the background

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<v Speaker 4>in a scene. It doesn't train on films without permission

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<v Speaker 4>or generate new projects without the base cleans up stuff

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<v Speaker 4>cleans up. But that's still I would imagine that still

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<v Speaker 4>does do things that manual have been done manually in

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<v Speaker 4>the past or people have done in the past.

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<v Speaker 1>So yeah, I like to see a film actually produce

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<v Speaker 1>buy this company, though I will say.

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<v Speaker 4>I mean it is. David Fincher has been using it

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<v Speaker 4>in an upcoming brad pitfilm.

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<v Speaker 1>Upcoming brad pitfilm, So there's a schedule.

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<v Speaker 2>This stock Moovers report from Bloomberg Radio. Check back with

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<v Speaker 2>us throughout the day. For the latest roundup of companies

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<v Speaker 2>making news on Wall Street, and for the latest market

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<v Speaker 2>moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube,

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