Speaker 1: Bloomberg Audio Studios, podcasts, Radio News.
Speaker 2: The Stock Movers Report, your roundup of companies making moves
Speaker 2: in the stock market, harnessing the power of Bloomberg Data.
Speaker 3: Carol Masser along with Tim Stanevek. Let's take a look
Speaker 3: at some stocks on the move, and we've got a
Speaker 3: bunch moving in the after hour. Got to start with Tesla.
Speaker 3: That stock up about four percent in the aftermarket this
Speaker 3: after the company posted a profit gain and beating Wall
Speaker 3: Street profit expects state expectations to start the year as
Speaker 3: demand for its evs rebounding around the globe. Adjusted earnings
Speaker 3: rose to forty one cents a share in the first quarter,
Speaker 3: higher than the thirty four cent average of analyst estimates
Speaker 3: compiled by Bloomberg. Company posted one point four billion in
Speaker 3: positive free cash flow for the quarter, far better than
Speaker 3: analyst expectation that the carmaker would burn through almost one
Speaker 3: point nine billion. So yeah, turns out EV business was
Speaker 3: pretty good.
Speaker 1: Okay, let's talk about IVM shares lower in the after hours,
Speaker 1: down about five point nine percent. The company posted quarterly
Speaker 1: sales in its software unit that were in line with estimates,
Speaker 1: but that failed to shake investor concerns about AI disruption
Speaker 1: to its business. Software revenue did increase eleven percent to
Speaker 1: seven point oh five billion dollars in the period that
Speaker 1: ended at the end of March. Total revenue increased nine
Speaker 1: percent compared with analyst's average estimate is fifteen point seven
Speaker 1: billion dollars. That came in at fifteen point nine billion dollars.
Speaker 1: The company did maintain that earlier forecaster revenue to grow
Speaker 1: more than five percent this year when adjusting for currency fluctuations.
Speaker 3: Got go to Texas Instruments. Everybody, this one's surging about
Speaker 3: nine percent in the aftermarket. It's the biggest producer of
Speaker 3: analog chips. They gave a surprisingly strong forecast for the
Speaker 3: current period, help by booming spending on Danta DA DA
Speaker 3: data centers. Revenue expected to be five to five point
Speaker 3: four billion in the second quarter. Growth in the quarter
Speaker 3: led by those industrial and data center customers. According to
Speaker 3: the company's CEO, the company's data center unit providing more
Speaker 3: than one billion dollar a year in sale. So this
Speaker 3: one is definitely some ountperformed. So we got one more
Speaker 3: for you.
Speaker 1: Yeah, we heard from United we heard from American or
Speaker 1: excuse me, from Alaska this week. Now Southwest Southwest shares
Speaker 1: declining three point four percent in the after hours. This
Speaker 1: is the midpoint of the carrier's second quarter adjusted EPs guidance,
Speaker 1: trails the average analyst estimate. The company also said it
Speaker 1: would not be updating its current full year justed EPs
Speaker 1: forecasts of four dollars given quote ongoing macroeconomic uncertainty.
Speaker 3: All right, that have to look at some stocks on
Speaker 3: the move at this hour. We sure to check out
Speaker 3: our Stockmovers podcasts. They are five minute episodes of big
Speaker 3: winners and losers in the stock market. You can find
Speaker 3: it on Apple, Spotify, or anywhere you get your podcasts.
Speaker 2: The Stockmovers Report from Bloomberg Radio. Check back with us
Speaker 2: throughout the day for the latest roundup of companies making
Speaker 2: news on Wall Street and for the latest market moving headlines.
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