1 00:00:02,480 --> 00:00:07,360 Speaker 1: Bloomberg Audio Studios, podcasts, radio News. 2 00:00:08,520 --> 00:00:12,440 Speaker 2: The Stock Movers Report, your roundup of companies making moves 3 00:00:12,440 --> 00:00:16,040 Speaker 2: in the stock market, harnessing the power of Bloomberg. 4 00:00:15,600 --> 00:00:20,239 Speaker 3: Data Carol Masser, Tim Stanevik, Livit Schwap Impact twenty twenty five. 5 00:00:20,280 --> 00:00:22,640 Speaker 3: In the meantime, he wanted to take a look at 6 00:00:22,840 --> 00:00:26,239 Speaker 3: some stocks on the move, and back at the Bloomberg 7 00:00:26,239 --> 00:00:28,720 Speaker 3: Get Director Broker Studio at Bloomberg Headquarters in New York 8 00:00:28,760 --> 00:00:31,760 Speaker 3: City is our own Carmen Ryanickey. She is Bloomberg News 9 00:00:31,800 --> 00:00:34,440 Speaker 3: Equities reporter and deputy team leader, and she is watching 10 00:00:34,560 --> 00:00:36,280 Speaker 3: some of the stocks on the move, a lot of it, 11 00:00:37,200 --> 00:00:39,400 Speaker 3: you know, in the aftermarket. So what do you got first, Carmen. 12 00:00:39,680 --> 00:00:42,640 Speaker 4: Yeah, so we're seeing a lot of movement after a 13 00:00:42,760 --> 00:00:45,080 Speaker 4: bunch of earnings reports today. So the first one I'm 14 00:00:45,120 --> 00:00:48,680 Speaker 4: looking at is snap ticker. Snap shares are up twenty 15 00:00:48,720 --> 00:00:52,360 Speaker 4: five percent right now after hours. The company reported earnings 16 00:00:52,360 --> 00:00:55,440 Speaker 4: but also announced a four hundred million dollar partnership with 17 00:00:55,520 --> 00:00:58,760 Speaker 4: Perplexity AI. So I think this is really what the 18 00:00:58,760 --> 00:01:00,640 Speaker 4: stock is moving on, you know, getting a little bit 19 00:01:00,680 --> 00:01:04,760 Speaker 4: of the AI enthusiasm. Basically, Snapchat is going to use 20 00:01:04,880 --> 00:01:08,959 Speaker 4: Perplexity's AI search engine, and it gives it a new 21 00:01:09,080 --> 00:01:13,440 Speaker 4: business line and puts social messaging more in the mix 22 00:01:13,480 --> 00:01:15,920 Speaker 4: around AI chat pots. So this will be really interesting 23 00:01:15,959 --> 00:01:18,919 Speaker 4: to keep watching how this develops with Snap. 24 00:01:19,600 --> 00:01:21,720 Speaker 1: This is a wild move higher, I mean shares. We're 25 00:01:21,800 --> 00:01:25,600 Speaker 1: up the after hours as much as twenty five percent earlier, 26 00:01:25,920 --> 00:01:29,640 Speaker 1: now up what twenty three point seven percent, all because 27 00:01:29,640 --> 00:01:31,080 Speaker 1: of a partnership with Perplexity. 28 00:01:31,240 --> 00:01:34,240 Speaker 3: That's kind of fascinating to see that move in pretty 29 00:01:34,240 --> 00:01:34,840 Speaker 3: big reaction. 30 00:01:35,600 --> 00:01:36,200 Speaker 1: What do you got first? 31 00:01:36,240 --> 00:01:36,920 Speaker 3: What's number two? 32 00:01:37,040 --> 00:01:38,880 Speaker 4: Yeah, so the next one is really moving in the 33 00:01:38,880 --> 00:01:43,400 Speaker 4: opposite direction. Duo Lingo tick our duol down more than 34 00:01:43,440 --> 00:01:48,480 Speaker 4: twenty percent right now. So the company reported fourth quarter 35 00:01:48,720 --> 00:01:52,640 Speaker 4: earnings as well, but bookings trailed estimates. They're seeing a 36 00:01:52,760 --> 00:01:56,520 Speaker 4: range of about thirty million to three hundred and thirty 37 00:01:56,560 --> 00:02:00,120 Speaker 4: five million. Analysts were estimating three hundred and four alre 38 00:02:00,280 --> 00:02:03,840 Speaker 4: four million. So this is interesting as well because the 39 00:02:04,160 --> 00:02:06,960 Speaker 4: revenue for the quarter was really in line with expectations, 40 00:02:07,000 --> 00:02:11,400 Speaker 4: and they boosted the guidance for the year because users 41 00:02:11,440 --> 00:02:14,320 Speaker 4: are paying more to chat with AI bots on dual Lingo. 42 00:02:14,440 --> 00:02:16,640 Speaker 4: So interesting. We're just seeing the other side here of 43 00:02:16,680 --> 00:02:22,200 Speaker 4: an AI play from deal LINGO. The next time I'm 44 00:02:22,200 --> 00:02:27,400 Speaker 4: looking at is door Dash. So ticker dash shares also 45 00:02:27,480 --> 00:02:30,800 Speaker 4: down here. They're down about nineteen percent right now. And 46 00:02:30,880 --> 00:02:32,760 Speaker 4: you know, we talk a lot about AI and the 47 00:02:32,800 --> 00:02:34,920 Speaker 4: other thing I think we talked about is Capex. So 48 00:02:35,680 --> 00:02:38,120 Speaker 4: Dash shares looking like they're down right now. After the 49 00:02:38,160 --> 00:02:42,240 Speaker 4: company said it's going to invest several hundred million dollars 50 00:02:42,280 --> 00:02:45,600 Speaker 4: more into new products next year twenty twenty six, and 51 00:02:45,639 --> 00:02:49,200 Speaker 4: it did this year. This actually will also include AI 52 00:02:49,280 --> 00:02:55,480 Speaker 4: tools to improve developer productivity, and the spending forecast overshadowed 53 00:02:55,520 --> 00:02:58,799 Speaker 4: this pretty strong results actually from door Dash. They saw 54 00:02:58,840 --> 00:03:03,600 Speaker 4: a gross order value grow ahead of the estimate, and 55 00:03:05,240 --> 00:03:08,600 Speaker 4: that was one of the strongest gains in that metric 56 00:03:08,720 --> 00:03:10,720 Speaker 4: since to twenty twenty three. 57 00:03:11,120 --> 00:03:14,560 Speaker 1: So we have snap hire Fueling go lower, door Dash lower. 58 00:03:15,080 --> 00:03:18,760 Speaker 1: Can we just say door Dash getting killed after all? Yeah? 59 00:03:19,000 --> 00:03:22,040 Speaker 1: So a DUELINGO. Wow? Okay, what about Qualcom? 60 00:03:22,200 --> 00:03:22,399 Speaker 2: Yeah? 61 00:03:22,440 --> 00:03:25,600 Speaker 4: So Qualcom is actually also down in after hours tick 62 00:03:25,639 --> 00:03:29,600 Speaker 4: her q coom down about three point eight percent right now. 63 00:03:30,320 --> 00:03:33,360 Speaker 4: So the company also had really solid earnings, but is 64 00:03:33,400 --> 00:03:37,520 Speaker 4: really being overshadowed by a tax change that resulted in 65 00:03:37,560 --> 00:03:41,160 Speaker 4: a five point seven billion dollar right down in the quarter, 66 00:03:41,400 --> 00:03:44,960 Speaker 4: contributing to a three about a three billion dollar loss. 67 00:03:45,760 --> 00:03:48,040 Speaker 4: The other thing is that shares of Qualcom were up 68 00:03:48,080 --> 00:03:54,160 Speaker 4: really sharply into the report. They'd sort of rallied rallied 69 00:03:54,160 --> 00:03:56,160 Speaker 4: in the last few weeks, so that might have also 70 00:03:56,200 --> 00:03:59,440 Speaker 4: sort of boosted expectations. We sort of raised the bar 71 00:03:59,560 --> 00:04:03,480 Speaker 4: going into the report. Otherwise, though, other than this write down, 72 00:04:04,360 --> 00:04:07,960 Speaker 4: the quarter looked pretty good. They said sales will be 73 00:04:08,080 --> 00:04:13,160 Speaker 4: roughly twelve billion in the fiscal first quarter running through December. 74 00:04:13,880 --> 00:04:18,800 Speaker 4: Profit was higher than analysts expected, and the outlook really 75 00:04:18,839 --> 00:04:24,360 Speaker 4: suggests that demand is strong, especially in the android phone market, 76 00:04:24,360 --> 00:04:26,560 Speaker 4: which is much of Qualcomm's revenue. 77 00:04:26,880 --> 00:04:29,800 Speaker 3: Yeah, sometimes it's just about expectations, right and managing them. 78 00:04:30,080 --> 00:04:33,560 Speaker 1: That's like the job, right of that is it? 79 00:04:33,680 --> 00:04:40,479 Speaker 2: Really the stock mover's report from Bloomberg Radio. 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