1 00:00:02,520 --> 00:00:08,720 Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The. 2 00:00:08,720 --> 00:00:12,560 Speaker 2: Stock Movers Report, your roundup of companies making moves in 3 00:00:12,600 --> 00:00:16,160 Speaker 2: the stock market. Harnessing the power of Bloomberg data. 4 00:00:16,560 --> 00:00:19,279 Speaker 3: Let's see where some movers and shakers are out there 5 00:00:19,320 --> 00:00:22,279 Speaker 3: in this marketplace. We can do that, but Bloomberg's common, Ryankey, Carmen, 6 00:00:22,320 --> 00:00:22,919 Speaker 3: what are you looking at? 7 00:00:23,040 --> 00:00:24,760 Speaker 4: Yeah, So the first thing I'm looking at this morning 8 00:00:24,840 --> 00:00:28,800 Speaker 4: is Qualcom. So this is ticker QCOM. So shares are 9 00:00:28,960 --> 00:00:31,320 Speaker 4: they're off their highs, but they're up about two point 10 00:00:31,320 --> 00:00:33,920 Speaker 4: one percent right now. This is the best well at highs. 11 00:00:33,960 --> 00:00:36,680 Speaker 4: It was the best in about three weeks. So this 12 00:00:36,880 --> 00:00:40,560 Speaker 4: is a smartphone processor maker, and it's said it plans 13 00:00:40,560 --> 00:00:43,319 Speaker 4: to buy back an additional twenty billion of shares, and 14 00:00:43,360 --> 00:00:46,960 Speaker 4: it's raising its quarterly cash dividend to ninety two CENTSUS 15 00:00:46,960 --> 00:00:50,560 Speaker 4: share from eighty nine cents. So this is interesting because 16 00:00:51,080 --> 00:00:55,160 Speaker 4: last month the company issued a pretty like lukewarm forecast, 17 00:00:55,240 --> 00:00:57,160 Speaker 4: so it said that there was there's a global shortage 18 00:00:57,200 --> 00:00:59,800 Speaker 4: of memory chip names, and that would mean that some 19 00:00:59,840 --> 00:01:02,960 Speaker 4: of its customers wouldn't make as many handsets, like especially 20 00:01:02,960 --> 00:01:05,600 Speaker 4: in China. So definitely good to see a little bit 21 00:01:05,600 --> 00:01:07,880 Speaker 4: more green on the screen here. This stock is down 22 00:01:07,959 --> 00:01:09,319 Speaker 4: more than twenty percent year to date. 23 00:01:09,400 --> 00:01:09,920 Speaker 2: Ouch. 24 00:01:10,200 --> 00:01:12,120 Speaker 1: All right, let's stay in the chip space and talk 25 00:01:12,160 --> 00:01:15,679 Speaker 1: about Nvidia because it's holding its annual conference, and this 26 00:01:15,720 --> 00:01:16,400 Speaker 1: is now day two. 27 00:01:16,720 --> 00:01:19,000 Speaker 4: Yeah, so this is day two. Yesterday everyone was watching 28 00:01:19,120 --> 00:01:22,440 Speaker 4: Jensen Wong's keynote. So the stock is at its lows 29 00:01:22,520 --> 00:01:26,559 Speaker 4: right now. It's down about more than half a percent. 30 00:01:26,680 --> 00:01:30,120 Speaker 4: This is ticker NVDA. So I mean, I think I 31 00:01:30,120 --> 00:01:33,000 Speaker 4: think that was interesting yesterday about the keynote. Is Jensen 32 00:01:33,240 --> 00:01:37,920 Speaker 4: sort of mentioned this this new sales outlook, so one 33 00:01:38,000 --> 00:01:40,399 Speaker 4: trillion in sales through twenty twenty seven, and the stock 34 00:01:40,480 --> 00:01:42,520 Speaker 4: really spiked on that, and then sort of as the 35 00:01:42,520 --> 00:01:46,040 Speaker 4: market digested that figure and realized it doesn't really represent 36 00:01:46,080 --> 00:01:49,440 Speaker 4: sort of a major acceleration in sales growth. It's maybe 37 00:01:49,520 --> 00:01:50,920 Speaker 4: kind of maybe about the same as sort of what 38 00:01:50,920 --> 00:01:52,760 Speaker 4: they were seeing this year, which was five hundred billion 39 00:01:52,800 --> 00:01:55,920 Speaker 4: through twenty twenty six, the stock came down from that. 40 00:01:56,120 --> 00:01:58,920 Speaker 4: So as this conference goes on, obviously we'll be watching 41 00:01:58,920 --> 00:02:01,120 Speaker 4: in Vidia very closely, you know. 42 00:02:01,360 --> 00:02:04,200 Speaker 3: But I was reading some notes off Wall Street that said, 43 00:02:04,200 --> 00:02:07,400 Speaker 3: that's that one train doll on numbers like double where 44 00:02:07,440 --> 00:02:11,160 Speaker 3: the consensus was before. So to me, that's like an 45 00:02:11,400 --> 00:02:12,359 Speaker 3: OMG kind of thing. 46 00:02:12,840 --> 00:02:14,880 Speaker 4: Yeah, but I think the thing is it's the growth, 47 00:02:14,919 --> 00:02:17,160 Speaker 4: Like is the growth accelerating? Right? So we see in 48 00:02:17,280 --> 00:02:20,000 Speaker 4: video put up these amazing numbers over and over again. 49 00:02:20,280 --> 00:02:22,320 Speaker 4: I think investors are just kind of in this space 50 00:02:22,320 --> 00:02:25,919 Speaker 4: where you know the it's expected, it's expected to I 51 00:02:25,919 --> 00:02:27,240 Speaker 4: get fooled by the round numbers. 52 00:02:27,880 --> 00:02:29,920 Speaker 1: I mean, the big round numbers are certainly impressive, and 53 00:02:30,080 --> 00:02:32,120 Speaker 1: you know, within Vidio that's what you're looking for because 54 00:02:32,160 --> 00:02:33,960 Speaker 1: they're kind of leading the vanguard on all this. 55 00:02:34,320 --> 00:02:35,560 Speaker 3: Yeap, all right, one more? What else? 56 00:02:35,840 --> 00:02:37,840 Speaker 4: So yeah, Actually kind of also coming out of GtC, 57 00:02:37,960 --> 00:02:40,880 Speaker 4: we're looking at shares of Uber tick Er Uber in 58 00:02:41,080 --> 00:02:44,800 Speaker 4: lyft l y ft. So these are both up about 59 00:02:44,960 --> 00:02:48,280 Speaker 4: four four and a half five percent today. So both 60 00:02:48,560 --> 00:02:53,760 Speaker 4: ridechair firms and in Vidia announced separate autonomous vehicle partnerships. 61 00:02:53,760 --> 00:02:57,120 Speaker 4: So Uber is launching a fleet of Nvidia software driven 62 00:02:57,240 --> 00:03:01,040 Speaker 4: autonomous vehicles. This is by twenty twenty eight. And then 63 00:03:01,320 --> 00:03:06,280 Speaker 4: on lift side, they are using in videos ai to 64 00:03:06,320 --> 00:03:10,960 Speaker 4: sort of enhance its own machine learning systems across global operations. 65 00:03:11,000 --> 00:03:12,440 Speaker 4: So both of them getting a little bit of a 66 00:03:13,320 --> 00:03:14,919 Speaker 4: shine there from in video. 67 00:03:14,720 --> 00:03:20,240 Speaker 2: Partnerships, the Stockmovers Report from Bloomberg Radio. Check back with 68 00:03:20,320 --> 00:03:22,880 Speaker 2: us throughout the day for the latest roundup of companies 69 00:03:22,960 --> 00:03:26,040 Speaker 2: making news on Wall Street and for the latest market 70 00:03:26,080 --> 00:03:30,560 Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 71 00:03:30,639 --> 00:03:34,120 Speaker 2: Bloomberg dot com, and on Applecarplay and Android Auto with 72 00:03:34,200 --> 00:03:35,680 Speaker 2: the Bloomberg Business app.