Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The Stock Movers Report,
Speaker 1: your roundup of companies making moves in the stock market,
Speaker 1: harnessing the power of Bloomberg Data. Let's take a look
Speaker 1: at some of the names on the move today.
Speaker 2: We can do that.
Speaker 1: We got Bloomerg's normal NDO with us nor what are
Speaker 1: you look cant well, Let's take a.
Speaker 2: Look at shares of Walmart. This is ticker WMT. We've
Speaker 2: been talking about this company because the top the one
Speaker 2: trillion dollar mark today, which is of course its highest
Speaker 2: level on records. So joining that one trillion dollar club here,
Speaker 2: we are also seeing that the company has undergone a
Speaker 2: massive digital transformation, has really been using tech and AI
Speaker 2: across all of its operations. But we are hearing some
Speaker 2: speculation as to whether or not there's much upside left
Speaker 2: for this company, given the fact that it's average price
Speaker 2: target across Wall Street is one hundred and twenty four
Speaker 2: dollars and thirty seven cents, which is right near where
Speaker 2: shares closed just yesterday. But needless to say, we are
Speaker 2: still seeing shares on the rise, up as much as
Speaker 2: two point three percent in trading today. Pretty remarkable that
Speaker 2: Walmart's price to earnings ratio is forty nine and target
Speaker 2: is just below fifteen.
Speaker 1: Yes, very interesting, don't get it?
Speaker 2: What else pallent here ticker PLTR. We're seeing this company
Speaker 2: on the rise, pairing but earlier up as much as
Speaker 2: twelve percent for its best dates since April. We did
Speaker 2: see twenty twenty six revenue forecast that blew things out
Speaker 2: of the water. I mean, people are really looking at
Speaker 2: this in terms of it significantly topping expectations. Fourth quarter
Speaker 2: revenue grew by seventy percent to one point four billion dollars.
Speaker 2: Despite the companies accelerating revenue, shares are still down about
Speaker 2: twenty nine percent from its November peak, so definitely important
Speaker 2: to kind of keep in context. We're seeing shares a
Speaker 2: paleer down about thirteen percent so far this year. All right,
Speaker 2: last one and last one. Taking a look at PayPal,
Speaker 2: this stock in the red ticker PYPL. Shares are down
Speaker 2: for double digit losses earlier, hitting its worst days since
Speaker 2: twenty twenty two and lowest levels in eight years. We
Speaker 2: did see that the company reported adjusted EPs that fell
Speaker 2: short of the analyst expectations, but what was really in
Speaker 2: focus was this new CEO announcement. We did hear that
Speaker 2: HP CEO Enrique Larez will take over the top job
Speaker 2: at PayPal from Alex Chris, whose turnaround plan has failed
Speaker 2: to meet targets and streamline the sprawling payments business. We
Speaker 2: are also seeing that the company lost about thirty two
Speaker 2: percent last year and this year also down about twenty
Speaker 2: seven percent.
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