WEBVTT - Oracle, Papa John's Surges, Campbell's Falls

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<v Speaker 1>Bloomberg Audio Studios, podcasts, radio News.

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<v Speaker 2>The Stock Movers report, your roundup of companies making moves

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<v Speaker 2>in the stock market, harnessing the power of Bloomberg Data.

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<v Speaker 1>Let's get to some stocks on the move. Bloomberg TV

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<v Speaker 1>Markets correspondent Nora Melnda is in the house. Just got

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<v Speaker 1>a couple of minutes, so take it away.

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<v Speaker 3>Yes, Look, he as shares of Oracle. We see that

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<v Speaker 3>that stock is higher on the day. Albus which is

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<v Speaker 3>fifteen percent for its best day since September of last year.

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<v Speaker 3>We know the company reported strong sales, also an outlook

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<v Speaker 3>that suggests continued demand for AI infrastructure. We were talking

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<v Speaker 3>yesterday with Annoragrana on Business Week. He talked about open

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<v Speaker 3>ai being in focus IRR and also funding is some

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<v Speaker 3>of the things that investors will really be looking at

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<v Speaker 3>as it.

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<v Speaker 1>Really likes He did he thought it was a strong

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<v Speaker 1>quarter from the company.

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<v Speaker 3>Absolutely. Also looking at shares of Campbell on the downside,

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<v Speaker 3>earlier tumbeling as much as nine percent. This is take

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<v Speaker 3>your CPB its worst day nearly six years, second worst

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<v Speaker 3>performer in the S and P five hundred. This is

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<v Speaker 3>after it cut its profit outlook to the lowest in

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<v Speaker 3>a decade. They talk about the snack's division seeing some declines,

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<v Speaker 3>missing expectations, consumers pulling back on both chips and pretzels.

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<v Speaker 3>Apparently also some supply chain constraints as it relates to

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<v Speaker 3>fresh baked goods.

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<v Speaker 1>All right, can we stay with food and go with

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<v Speaker 1>Papa John's.

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<v Speaker 2>Yes.

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<v Speaker 3>Looking at Papa John's ticker p zz A, we are

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<v Speaker 3>seeing this stock surging as much as twenty three percent.

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<v Speaker 3>This is after news that we did see that the

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<v Speaker 3>company would actually be drawing some fresh takeover interest from

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<v Speaker 3>a Katari based investment fund.

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<v Speaker 1>I saw that one right.

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<v Speaker 2>Big movie here, thought that would be a good gainer

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<v Speaker 2>for you, Carol, But you had already sent you jainers.

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<v Speaker 1>Can still tweak. You never know, and now I might

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<v Speaker 1>have to tweak with sable offshore. You might have to.

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<v Speaker 1>That's true, that works options. I don't do them until

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<v Speaker 1>because if I don't go honorable mentions. Master he missed

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<v Speaker 1>a couple.

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