WEBVTT - Nvidia Gives Upbeat Forecast, Block Expects Profit Growth, Alphabet Soars

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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 3>I'm Carol Masser along with Tim Stenwick. Let's get to

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<v Speaker 3>some stocks on the move on this Wednesday. Bloomberg News

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<v Speaker 3>Equities reporter Carmen Reinikey is in the house, and you've

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<v Speaker 3>got to talk about Nvidia first and foremost.

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<v Speaker 4>Right, we're seeing a really big reaction to these earnings,

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<v Speaker 4>and obviously, you know, these are the numbers that the

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<v Speaker 4>entire street was waiting for, and at least in the

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<v Speaker 4>short term, this is a really positive reaction. It seems

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<v Speaker 4>like a vote of confidence. It could really reinvigorate some

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<v Speaker 4>of the AI trade that we've seen, you know, the

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<v Speaker 4>group becomes so much more skeptical about in the last

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<v Speaker 4>few weeks.

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<v Speaker 1>We're speaking about this after the market has closed, when

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<v Speaker 1>video shares are moving higher in the after hours. Carol

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<v Speaker 1>mentioning earlier on our program today that the effect that

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<v Speaker 1>it's having on the greater trade too, seeing the socks hire,

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<v Speaker 1>seeing competitors to in video hire, seeing some of those

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<v Speaker 1>neo cloud companies higher as well, so when in video moves,

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<v Speaker 1>a lot of other companies move to Yeah.

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<v Speaker 4>Really everything moves. I mean even QQQ is up almost

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<v Speaker 4>one percent after hours. You know the weight of this

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<v Speaker 4>stock is just so significant.

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<v Speaker 1>Well, sticking with technology, Palo Alto Networks PA NW in

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<v Speaker 1>the after hours, that's the ticker.

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<v Speaker 4>Yeah, so we're seeing this one not have such a

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<v Speaker 4>good reaction. Shares are down about three percent. It looks

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<v Speaker 4>like earnings over all sort of beat expectations, but it

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<v Speaker 4>seems like what investors are probably reacting to here is

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<v Speaker 4>the company saying that it would buy Chronosphere. This is

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<v Speaker 4>a next generation observability platform for three point three five billion,

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<v Speaker 4>and so this is supposed to boost its AI enabled

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<v Speaker 4>cybersecurity offerings. And this is It's pretty typical to see

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<v Speaker 4>stocks fall after they announce acquisitions. So I think that

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<v Speaker 4>that's what's happening right right now with Palo Alto.

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<v Speaker 5>Yeah, exactly right.

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<v Speaker 3>The acquirer you tend to see under some pressure, as

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<v Speaker 3>you mentioned PA and W Palo Alto Networks down in

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<v Speaker 3>the aftermarket. Let's go to some stocks that you had

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<v Speaker 3>your ion during the regular session, and that includes Block.

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<v Speaker 4>Yeah, so Xyz we were watching today. It popped after

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<v Speaker 4>the company said that it expects profit growth to accelerate

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<v Speaker 4>over the next three years. So it had an analyst

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<v Speaker 4>day today. This was the actually the top performing stock

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<v Speaker 4>on the S and P five hundred basically for twenty

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<v Speaker 4>twenty six. It's forecasting seventeen percent gross profit growth year

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<v Speaker 4>over a year, and this is it just marks an

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<v Speaker 4>acceleration for this this kind of growth growth gross profit growth.

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<v Speaker 3>So don't say that five times fast.

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<v Speaker 4>I know, it's a really difficult one to get out.

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<v Speaker 1>I'm not even going to say it once.

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<v Speaker 3>I no, exactly, and you got to mention alphabet. This

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<v Speaker 3>was certainly on my watch list. This one definitely an

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<v Speaker 3>app performer in today's session, and I believe this was

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<v Speaker 3>among your top gainers in the major indices.

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<v Speaker 4>Yeah, so, go ogg No, googol. Been a long day.

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<v Speaker 5>It's been a long day. No, you're in good company.

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<v Speaker 5>We feel you so quickly. Yeah, it's a three percent.

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<v Speaker 5>This is yet another record high closed. So this stock

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<v Speaker 5>has just really been on a tear and a lot

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<v Speaker 5>of things have been going well for Google lately. So

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<v Speaker 5>it seems like the most recent is because of its

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<v Speaker 5>Gemini AI model. It's just getting brave review reception.

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<v Speaker 2>Right the Stock Movers Report from Bloomberg Radio. Check back

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