1 00:00:02,520 --> 00:00:09,960 Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The Stock Movers Report, 2 00:00:10,280 --> 00:00:13,440 Speaker 1: your roundup of companies making moves in the stock market, 3 00:00:13,680 --> 00:00:17,040 Speaker 1: harnessing the power of Bloomberg Data. Let's take a look 4 00:00:17,079 --> 00:00:18,320 Speaker 1: at some of the names on the move today. 5 00:00:18,360 --> 00:00:18,880 Speaker 2: We can do that. 6 00:00:19,120 --> 00:00:20,880 Speaker 1: We got Bloomerg's normal NDO with us nor what are 7 00:00:20,880 --> 00:00:21,959 Speaker 1: you look cant well, Let's take a. 8 00:00:21,960 --> 00:00:24,800 Speaker 2: Look at shares of Walmart. This is ticker WMT. We've 9 00:00:24,840 --> 00:00:26,680 Speaker 2: been talking about this company because the top the one 10 00:00:26,720 --> 00:00:29,840 Speaker 2: trillion dollar mark today, which is of course its highest 11 00:00:29,920 --> 00:00:34,160 Speaker 2: level on records. So joining that one trillion dollar club here, 12 00:00:34,240 --> 00:00:36,519 Speaker 2: we are also seeing that the company has undergone a 13 00:00:36,680 --> 00:00:40,400 Speaker 2: massive digital transformation, has really been using tech and AI 14 00:00:40,520 --> 00:00:43,360 Speaker 2: across all of its operations. But we are hearing some 15 00:00:43,440 --> 00:00:46,680 Speaker 2: speculation as to whether or not there's much upside left 16 00:00:46,680 --> 00:00:49,160 Speaker 2: for this company, given the fact that it's average price 17 00:00:49,240 --> 00:00:51,560 Speaker 2: target across Wall Street is one hundred and twenty four 18 00:00:51,600 --> 00:00:54,280 Speaker 2: dollars and thirty seven cents, which is right near where 19 00:00:54,400 --> 00:00:57,520 Speaker 2: shares closed just yesterday. But needless to say, we are 20 00:00:57,560 --> 00:00:59,520 Speaker 2: still seeing shares on the rise, up as much as 21 00:00:59,520 --> 00:01:03,080 Speaker 2: two point three percent in trading today. Pretty remarkable that 22 00:01:03,160 --> 00:01:06,600 Speaker 2: Walmart's price to earnings ratio is forty nine and target 23 00:01:06,640 --> 00:01:08,000 Speaker 2: is just below fifteen. 24 00:01:08,319 --> 00:01:10,640 Speaker 1: Yes, very interesting, don't get it? 25 00:01:11,440 --> 00:01:16,440 Speaker 2: What else pallent here ticker PLTR. We're seeing this company 26 00:01:16,520 --> 00:01:18,800 Speaker 2: on the rise, pairing but earlier up as much as 27 00:01:18,880 --> 00:01:21,440 Speaker 2: twelve percent for its best dates since April. We did 28 00:01:21,520 --> 00:01:25,320 Speaker 2: see twenty twenty six revenue forecast that blew things out 29 00:01:25,360 --> 00:01:27,040 Speaker 2: of the water. I mean, people are really looking at 30 00:01:27,040 --> 00:01:30,360 Speaker 2: this in terms of it significantly topping expectations. Fourth quarter 31 00:01:30,400 --> 00:01:33,920 Speaker 2: revenue grew by seventy percent to one point four billion dollars. 32 00:01:34,160 --> 00:01:37,440 Speaker 2: Despite the companies accelerating revenue, shares are still down about 33 00:01:37,440 --> 00:01:41,120 Speaker 2: twenty nine percent from its November peak, so definitely important 34 00:01:41,120 --> 00:01:42,760 Speaker 2: to kind of keep in context. We're seeing shares a 35 00:01:42,800 --> 00:01:46,600 Speaker 2: paleer down about thirteen percent so far this year. All right, 36 00:01:46,680 --> 00:01:49,240 Speaker 2: last one and last one. Taking a look at PayPal, 37 00:01:49,320 --> 00:01:52,600 Speaker 2: this stock in the red ticker PYPL. Shares are down 38 00:01:52,680 --> 00:01:56,000 Speaker 2: for double digit losses earlier, hitting its worst days since 39 00:01:56,040 --> 00:01:59,160 Speaker 2: twenty twenty two and lowest levels in eight years. We 40 00:01:59,200 --> 00:02:03,280 Speaker 2: did see that the company reported adjusted EPs that fell 41 00:02:03,320 --> 00:02:05,720 Speaker 2: short of the analyst expectations, but what was really in 42 00:02:05,760 --> 00:02:08,560 Speaker 2: focus was this new CEO announcement. We did hear that 43 00:02:08,760 --> 00:02:12,280 Speaker 2: HP CEO Enrique Larez will take over the top job 44 00:02:12,360 --> 00:02:16,040 Speaker 2: at PayPal from Alex Chris, whose turnaround plan has failed 45 00:02:16,040 --> 00:02:19,320 Speaker 2: to meet targets and streamline the sprawling payments business. We 46 00:02:19,400 --> 00:02:21,960 Speaker 2: are also seeing that the company lost about thirty two 47 00:02:22,000 --> 00:02:25,359 Speaker 2: percent last year and this year also down about twenty 48 00:02:25,400 --> 00:02:25,959 Speaker 2: seven percent. 49 00:02:26,000 --> 00:02:31,160 Speaker 1: Here today the Stock Movers Report from Bloomberg Radio. Check 50 00:02:31,200 --> 00:02:33,560 Speaker 1: back with us throughout the day for the latest roundup 51 00:02:33,600 --> 00:02:36,520 Speaker 1: of companies making news on Wall Street and for the 52 00:02:36,600 --> 00:02:41,040 Speaker 1: latest market moving headlines. Listen to Bloomberg Radio Live, catch 53 00:02:41,120 --> 00:02:44,600 Speaker 1: us on YouTube, Bloomberg dot com, and on Applecarplay and 54 00:02:44,600 --> 00:02:47,040 Speaker 1: Android Auto with the Bloomberg Business app.