1 00:00:02,520 --> 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 --> 00:00:15,880 Speaker 2: in the stock market, harnessing the power of Bloomberg Data. 4 00:00:16,760 --> 00:00:19,239 Speaker 3: I'm Carol Masser along with Tim Stenwick. Let's get to 5 00:00:19,360 --> 00:00:22,600 Speaker 3: some stocks on the move on this Wednesday. Bloomberg News 6 00:00:22,600 --> 00:00:25,120 Speaker 3: Equities reporter Carmen Reinikey is in the house, and you've 7 00:00:25,120 --> 00:00:27,440 Speaker 3: got to talk about Nvidia first and foremost. 8 00:00:27,560 --> 00:00:30,120 Speaker 4: Right, we're seeing a really big reaction to these earnings, 9 00:00:30,160 --> 00:00:32,280 Speaker 4: and obviously, you know, these are the numbers that the 10 00:00:32,440 --> 00:00:34,760 Speaker 4: entire street was waiting for, and at least in the 11 00:00:34,760 --> 00:00:38,000 Speaker 4: short term, this is a really positive reaction. It seems 12 00:00:38,040 --> 00:00:41,279 Speaker 4: like a vote of confidence. It could really reinvigorate some 13 00:00:41,360 --> 00:00:43,559 Speaker 4: of the AI trade that we've seen, you know, the 14 00:00:43,600 --> 00:00:45,959 Speaker 4: group becomes so much more skeptical about in the last 15 00:00:46,000 --> 00:00:46,520 Speaker 4: few weeks. 16 00:00:46,720 --> 00:00:49,560 Speaker 1: We're speaking about this after the market has closed, when 17 00:00:49,880 --> 00:00:53,600 Speaker 1: video shares are moving higher in the after hours. Carol 18 00:00:53,760 --> 00:00:58,440 Speaker 1: mentioning earlier on our program today that the effect that 19 00:00:58,440 --> 00:01:01,960 Speaker 1: it's having on the greater trade too, seeing the socks hire, 20 00:01:02,120 --> 00:01:05,080 Speaker 1: seeing competitors to in video hire, seeing some of those 21 00:01:05,080 --> 00:01:08,240 Speaker 1: neo cloud companies higher as well, so when in video moves, 22 00:01:08,280 --> 00:01:09,960 Speaker 1: a lot of other companies move to Yeah. 23 00:01:09,760 --> 00:01:12,760 Speaker 4: Really everything moves. I mean even QQQ is up almost 24 00:01:12,800 --> 00:01:15,120 Speaker 4: one percent after hours. You know the weight of this 25 00:01:15,240 --> 00:01:16,680 Speaker 4: stock is just so significant. 26 00:01:16,920 --> 00:01:21,200 Speaker 1: Well, sticking with technology, Palo Alto Networks PA NW in 27 00:01:21,240 --> 00:01:22,600 Speaker 1: the after hours, that's the ticker. 28 00:01:22,760 --> 00:01:24,880 Speaker 4: Yeah, so we're seeing this one not have such a 29 00:01:24,880 --> 00:01:27,960 Speaker 4: good reaction. Shares are down about three percent. It looks 30 00:01:27,959 --> 00:01:30,800 Speaker 4: like earnings over all sort of beat expectations, but it 31 00:01:30,800 --> 00:01:34,000 Speaker 4: seems like what investors are probably reacting to here is 32 00:01:34,400 --> 00:01:37,200 Speaker 4: the company saying that it would buy Chronosphere. This is 33 00:01:37,240 --> 00:01:42,880 Speaker 4: a next generation observability platform for three point three five billion, 34 00:01:43,000 --> 00:01:45,880 Speaker 4: and so this is supposed to boost its AI enabled 35 00:01:45,920 --> 00:01:49,080 Speaker 4: cybersecurity offerings. And this is It's pretty typical to see 36 00:01:49,240 --> 00:01:53,560 Speaker 4: stocks fall after they announce acquisitions. So I think that 37 00:01:53,560 --> 00:01:55,880 Speaker 4: that's what's happening right right now with Palo Alto. 38 00:01:56,040 --> 00:01:56,880 Speaker 5: Yeah, exactly right. 39 00:01:56,920 --> 00:02:00,120 Speaker 3: The acquirer you tend to see under some pressure, as 40 00:02:00,160 --> 00:02:04,240 Speaker 3: you mentioned PA and W Palo Alto Networks down in 41 00:02:04,320 --> 00:02:09,160 Speaker 3: the aftermarket. Let's go to some stocks that you had 42 00:02:09,160 --> 00:02:12,320 Speaker 3: your ion during the regular session, and that includes Block. 43 00:02:12,520 --> 00:02:16,520 Speaker 4: Yeah, so Xyz we were watching today. It popped after 44 00:02:16,800 --> 00:02:20,600 Speaker 4: the company said that it expects profit growth to accelerate 45 00:02:20,639 --> 00:02:23,280 Speaker 4: over the next three years. So it had an analyst 46 00:02:23,360 --> 00:02:27,200 Speaker 4: day today. This was the actually the top performing stock 47 00:02:27,240 --> 00:02:30,480 Speaker 4: on the S and P five hundred basically for twenty 48 00:02:30,520 --> 00:02:35,359 Speaker 4: twenty six. It's forecasting seventeen percent gross profit growth year 49 00:02:35,440 --> 00:02:38,200 Speaker 4: over a year, and this is it just marks an 50 00:02:38,200 --> 00:02:44,160 Speaker 4: acceleration for this this kind of growth growth gross profit growth. 51 00:02:44,840 --> 00:02:46,640 Speaker 3: So don't say that five times fast. 52 00:02:46,680 --> 00:02:48,400 Speaker 4: I know, it's a really difficult one to get out. 53 00:02:48,480 --> 00:02:49,400 Speaker 1: I'm not even going to say it once. 54 00:02:49,600 --> 00:02:54,800 Speaker 3: I no, exactly, and you got to mention alphabet. This 55 00:02:54,919 --> 00:02:58,440 Speaker 3: was certainly on my watch list. This one definitely an 56 00:02:58,480 --> 00:03:02,280 Speaker 3: app performer in today's session, and I believe this was 57 00:03:02,480 --> 00:03:04,799 Speaker 3: among your top gainers in the major indices. 58 00:03:05,120 --> 00:03:10,040 Speaker 4: Yeah, so, go ogg No, googol. Been a long day. 59 00:03:10,200 --> 00:03:12,760 Speaker 5: It's been a long day. No, you're in good company. 60 00:03:12,800 --> 00:03:15,480 Speaker 5: We feel you so quickly. Yeah, it's a three percent. 61 00:03:15,600 --> 00:03:18,320 Speaker 5: This is yet another record high closed. So this stock 62 00:03:18,360 --> 00:03:20,000 Speaker 5: has just really been on a tear and a lot 63 00:03:20,080 --> 00:03:22,680 Speaker 5: of things have been going well for Google lately. So 64 00:03:22,720 --> 00:03:25,880 Speaker 5: it seems like the most recent is because of its 65 00:03:25,960 --> 00:03:30,120 Speaker 5: Gemini AI model. It's just getting brave review reception. 66 00:03:29,880 --> 00:03:35,800 Speaker 2: Right the Stock Movers Report from Bloomberg Radio. Check back 67 00:03:35,800 --> 00:03:38,040 Speaker 2: with us throughout the day for the latest roundup of 68 00:03:38,080 --> 00:03:41,400 Speaker 2: companies making news on Wall Street and for the latest 69 00:03:41,400 --> 00:03:45,640 Speaker 2: market moving headlines. Listen to Bloomberg Radio Live, catch us 70 00:03:45,640 --> 00:03:49,400 Speaker 2: on YouTube, Bloomberg dot com, and on Applecarplay and Android 71 00:03:49,400 --> 00:03:51,400 Speaker 2: Auto with the Bloomberg Business app.