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: Take a look at some of the stocks on the
Speaker 3: moves today.
Speaker 1: We can do that with Bloomberg. Christine Christian, what are
Speaker 1: you looking at today? Well, Paul, I'm looking at a
Speaker 1: green stock today and that is Robinhood ticker Hood. Those
Speaker 1: shares are up more than six percent, very some opening games,
Speaker 1: but still very much in the green today, and that
Speaker 1: is because of its latest data on prediction markets volumes.
Speaker 1: Apparently there may volume four. Those prediction markets contracts are
Speaker 1: at three point nine billions, is up twenty two percent
Speaker 1: from April, and that is reason enough for Goldman, for instance,
Speaker 1: to raise its price target on the stock to one
Speaker 1: hundred and eight from one hundred and five, currently trading
Speaker 1: at eighty eight ninety three, so that's quite a premium
Speaker 1: on its current share price. Canter all so similarly positive
Speaker 1: on that prediction market's metric, and they have raised their
Speaker 1: targets on the stock to one hundred and ten from
Speaker 1: one hundred dollars previously. Canter also seeing that this prediction
Speaker 1: market venture will raise robin Hood's net revenue by two
Speaker 1: percent this year and four percent by twenty twenty eight.
Speaker 3: So all this AI stuff that ain't cheap, so super
Speaker 3: Micro they have to dilute their shares to raise more
Speaker 3: money than by this stuff. As an investor, I wouldn't
Speaker 3: be too happy if they're diluting my existing shares.
Speaker 1: Absolutely, John, that and that is very much a reaction
Speaker 1: in markets. Today's super Micro took her SMCI. Those shares
Speaker 1: are down now more than sixteen percent, so extending some
Speaker 1: of the opening losses that we're seeing today. And again, yeah,
Speaker 1: as you mentioned right, the company is going to plan
Speaker 1: seven billion dollars in equity and equity link financing transactions
Speaker 1: because they want to satisfy orders for AAR servers that
Speaker 1: has now amounted to thirty nine billion dollars. So that's
Speaker 1: going to be a lot of money that they're going
Speaker 1: to need to fulfill those orders. And exactly right, John,
Speaker 1: I mean a lot of the word industry is very
Speaker 1: much about worries over to share dilution impact. Bloomberg Intellleiges
Speaker 1: analyst Woojenh saying that you know what, though it will
Speaker 1: dilute near term aps, yes, but it does also signal
Speaker 1: that AI demand could let fiscal revenue for twenty twenty
Speaker 1: seven above the fifty billion dollar consensus. So maybe some
Speaker 1: short term pain and then long term gain that we're
Speaker 1: looking at here.
Speaker 2: All right, Wood just coming on in a couple of minutes,
Speaker 2: we'll talk to them about that one more.
Speaker 1: All right, let's take a look at Oracle today earnings
Speaker 1: after the bell, of course, Dick or o RCL. Those
Speaker 1: shares are up about at the moment one point four percent,
Speaker 1: so not doing too shabby, right. The big question for
Speaker 1: the release, of course is how quickly can a company
Speaker 1: get its massive AI data center projects built and so
Speaker 1: in focus of course their cloud infrastructure sales that's projected
Speaker 1: to have increased about ninety one percent to five point
Speaker 1: seventy two billion in the fiscal fourth quarter, and of
Speaker 1: course we have Bloomerg Intelligence Ana Rogrono wagh In. You
Speaker 1: also need to apparently watch Oracle's ability to bring additional
Speaker 1: GPU capacity online. That is going to be an important
Speaker 1: determinant of its fiscal twenty twenty seven MNDIA.
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