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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 2: Let's take a.

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Speaker 3: Look at some stocks on the move today. I'm Nathan Hager,

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Speaker 3: joined by Bloomberg's Valerie Titel in a morning where we're

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Speaker 3: seeing some earnings revisions from Peiser. Valerie walk us through them.

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Speaker 3: What are you seeing?

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Speaker 1: Pars are reacting negatively to this update. They're down seven

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Speaker 1: tenths of a percent in pre market trade. This comes

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Speaker 1: ahead of an investor call that Peiser is holding, so

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Speaker 1: they are updating where they see their guidance for next

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Speaker 1: year twenty twenty six revenue guidance. They've lowered that range

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Speaker 1: and now the midpoint of that range is below Wall

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Speaker 1: Street consensus estimates for that year. So they see twenty

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Speaker 1: twenty six revenue from fifty nine and a half billion

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Speaker 1: to sixty two and a half billion. Estimate was for

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Speaker 1: sixty one point three billion. Now, Pfizer is also made

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Speaker 1: some comments after that that maybe a bit more welcome

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Speaker 1: by the market. They're talking about how they're going to

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Speaker 1: deliver some cost savings a bit more ahead of schedule,

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Speaker 1: wanting to deliver a majority of their cost savings that

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Speaker 1: they've pledged now by twenty twenty six. But Pfizer has

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Speaker 1: been under a lot of attention recently. They've been, I guess,

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Speaker 1: struggling to manage the decline after its COVID nineteen product

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Speaker 1: revenue helped the stock hit a peak back in the

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Speaker 1: COVID era. They have recently acquired some new assets in

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Speaker 1: the obesity space. I think that's one avenue of excitement

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Speaker 1: for investors. But the stock is trading flat on the year,

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Speaker 1: and we're in the red in the pre market, down

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Speaker 1: one percent.

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Speaker 3: And of course we got those revisions from Ford Motor

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Speaker 3: Company when it comes to the hit they're going to

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Speaker 3: take from the EV struggles.

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Speaker 1: Yeah, and investors reacting positively to this strategy change. So

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Speaker 1: Ford shares are higher by one point six percent. Comes

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Speaker 1: after they announced a near twenty billion charge related to

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Speaker 1: a sweeping unwind of its electric vehicle program, essentially acknowledge

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Speaker 1: it was going down to dead end with these large

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Speaker 1: format evs. They're now pivoting towards more hybrid vehicles. A

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Speaker 1: big example of this is its decision to cancel its

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Speaker 1: planned electric F series trucks and convert those instead to

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Speaker 1: an extended rade hybrid. Now, Florida expects these moves to

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Speaker 1: make its EV operations profitable by twenty twenty nine, and

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Speaker 1: it also boosted its twenty twenty five guidance off the

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Speaker 1: back of that. So Ford the stock is reacting possibly

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Speaker 1: to this twenty billion charge on this EV program unlined.

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Speaker 3: Now we have some stocks moving as well on some

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Speaker 3: new analyst moves. Tell us what's going on with Roku.

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Speaker 1: Well, Roku's got a lot of attention recently from the street.

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Speaker 1: The share is higher by four point three percent this morning.

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Speaker 1: The streaming platform another upgrade, this time from Morgan Stanley.

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Speaker 1: Previously Morgan Stanley was concerned about competition in the streaming

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Speaker 1: platform space, but now they're citing its market share. Essentially,

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Speaker 1: it's dominant stratity, it's dominant position within US streaming, giving

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Speaker 1: it a better outlook for its advertising revenue for the

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Speaker 1: year ahead. So Roku more positive commentary and the stock

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Speaker 1: is up over four percent.

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Speaker 3: Meanwhile, I guess maybe some negative commentary when it comes

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Speaker 3: to European defense giant Ryan Mattal.

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Speaker 1: Yeah, well, Ryan Mattal, the whole European defense sector today

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Speaker 1: is in the red. Rye Mattal is down four point

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Speaker 1: six percent, one of the biggest losers in the eurostock

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Speaker 1: six hundred and comes after more positive comments from peace

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Speaker 1: from ending the Russian Ukraine War. Now the German defense

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Speaker 1: company Ryan Mattal. It has been on a back foot

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Speaker 1: since these highs that it's all back in September. It's

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Speaker 1: down around twenty five percent since the end of September. However,

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Speaker 1: many of these defense stocks are still up triple digits

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Speaker 1: year to date. Many of them are in the top

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Speaker 1: ten best forming stocks in twenty twenty five, So maybe

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Speaker 1: a bit of painful trade for a consensus position that

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Speaker 1: is widely held among investors. These long European defense stocks continue.

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Speaker 1: That trade continues to trade in the red.

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Speaker 2: This stock mover's 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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Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube,

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