1 00:00:02,520 --> 00:00:07,320 Speaker 1: Bloomberg Audio Studios, podcasts, radio news. 2 00:00:09,920 --> 00:00:13,360 Speaker 2: This is the closing bell on this stock mover's report 3 00:00:13,600 --> 00:00:16,560 Speaker 2: the company's making moves at the close of US trading. 4 00:00:16,800 --> 00:00:21,279 Speaker 2: With Carol Master, Tim Stenebeck, Romain Bostik, and Scarlett Foo. 5 00:00:22,480 --> 00:00:24,400 Speaker 3: You've got about four hundred and eighteen names to the 6 00:00:24,480 --> 00:00:26,360 Speaker 3: upside in the S and P five hundred and eighty 7 00:00:26,440 --> 00:00:27,760 Speaker 3: five losing ground today. 8 00:00:28,240 --> 00:00:29,800 Speaker 4: I just want to point out that bitcoin is also 9 00:00:29,840 --> 00:00:31,840 Speaker 4: at an all time high as we're celebrating all time 10 00:00:31,920 --> 00:00:34,120 Speaker 4: HIGHS one hundred and twenty two eight hundred and forty 11 00:00:34,159 --> 00:00:38,120 Speaker 4: dollars is a bitcoin. Here's your imap to see which 12 00:00:38,159 --> 00:00:39,960 Speaker 4: sectors did well and which did poorly. 13 00:00:40,360 --> 00:00:41,279 Speaker 5: Tech is down and. 14 00:00:41,240 --> 00:00:44,320 Speaker 4: Actually Nvidia closed the day lower, but we had Apple 15 00:00:44,360 --> 00:00:46,720 Speaker 4: and Amazon adding the most points to the S and 16 00:00:46,720 --> 00:00:50,200 Speaker 4: P five hundred. Ze Financials did well, Industrials did well, 17 00:00:50,320 --> 00:00:52,560 Speaker 4: and healthcare as well, and that's why the Dow Jones 18 00:00:52,560 --> 00:00:54,080 Speaker 4: outperformed the S and P five hundred. 19 00:00:54,120 --> 00:00:56,200 Speaker 3: All right, folks, let's get to some of the individual gainers, 20 00:00:56,240 --> 00:00:56,760 Speaker 3: if we may. 21 00:00:57,200 --> 00:00:58,040 Speaker 5: In today's session. 22 00:00:58,120 --> 00:01:00,000 Speaker 3: Number one gainer in the S and P five hundred 23 00:01:00,080 --> 00:01:05,160 Speaker 3: Paramount sky Dance, soaring up as much as sixty percent 24 00:01:05,440 --> 00:01:08,200 Speaker 3: are almost sixty percent at its highs today intra day, 25 00:01:08,240 --> 00:01:13,000 Speaker 3: finishing with a gain of just shy of thirty seven percent. Exuberance, excitement, 26 00:01:13,120 --> 00:01:15,320 Speaker 3: I don't know, you know. The Paramount and Skidince of course, 27 00:01:15,319 --> 00:01:18,360 Speaker 3: completed it's merger last Thursday, and Monday it announced a 28 00:01:18,440 --> 00:01:21,600 Speaker 3: seven year agreement with TKO Group giving Paramount exclusive media 29 00:01:21,680 --> 00:01:22,960 Speaker 3: rights to UFC events. 30 00:01:22,680 --> 00:01:23,399 Speaker 5: In the United States. 31 00:01:23,400 --> 00:01:25,880 Speaker 3: All I'm going to say is investors just continuing to 32 00:01:26,000 --> 00:01:26,679 Speaker 3: push this. 33 00:01:26,640 --> 00:01:28,360 Speaker 5: One higher and hire and hire. 34 00:01:28,840 --> 00:01:31,840 Speaker 3: Warner Brothers also some outperformance today, up about seven and 35 00:01:31,840 --> 00:01:34,520 Speaker 3: a half percent, top gainer in the S and P 36 00:01:34,560 --> 00:01:37,360 Speaker 3: five hundred and the Nasdaq one hundred some insider buying. 37 00:01:37,400 --> 00:01:40,759 Speaker 3: A director Anthony Levy reported a series of insider stock 38 00:01:40,800 --> 00:01:44,000 Speaker 3: transactions to the SEC. Stock is still down about eleven 39 00:01:44,040 --> 00:01:46,480 Speaker 3: percent since the end of July, but it is up 40 00:01:46,480 --> 00:01:51,520 Speaker 3: about fifteen percent year to date. Here's something different, ticker WBTN. 41 00:01:51,680 --> 00:01:53,800 Speaker 3: We're talking about webtun Entertainment. 42 00:01:54,240 --> 00:01:56,360 Speaker 1: Can I just tell you I saw this route yesterday, 43 00:01:56,400 --> 00:01:57,760 Speaker 1: the yes move, and I didn't know it was the 44 00:01:57,760 --> 00:01:58,400 Speaker 1: public company. 45 00:01:58,600 --> 00:01:59,720 Speaker 5: It is a public company. 46 00:02:00,040 --> 00:02:03,680 Speaker 3: It saw also eighty one percent hiring today's session, jumping 47 00:02:03,720 --> 00:02:06,080 Speaker 3: by a record today. Stock is up the most since 48 00:02:06,120 --> 00:02:07,280 Speaker 3: it's IPO. 49 00:02:07,960 --> 00:02:08,639 Speaker 5: It is now a. 50 00:02:08,639 --> 00:02:11,120 Speaker 3: Too roughly two point one billion dollar market cap company. 51 00:02:11,120 --> 00:02:14,679 Speaker 3: It's based in La. It's a storytelling tech platform, and 52 00:02:14,800 --> 00:02:17,799 Speaker 3: the News today a Disney partnership to launch one hundred 53 00:02:17,880 --> 00:02:20,680 Speaker 3: comics on its platform, and the company reporter earnings. 54 00:02:20,720 --> 00:02:22,639 Speaker 1: I know, right, big deal on my household. Yeah I didn't, 55 00:02:22,639 --> 00:02:24,160 Speaker 1: I didn't. I never known was a public company. 56 00:02:24,200 --> 00:02:25,160 Speaker 3: You're watching cartoons. 57 00:02:26,000 --> 00:02:26,680 Speaker 1: I have children. 58 00:02:26,800 --> 00:02:29,080 Speaker 4: I think the kids, and I don't mean young kids, right, 59 00:02:29,120 --> 00:02:32,080 Speaker 4: I think that We had teenagers in our editorial meeting 60 00:02:32,440 --> 00:02:34,320 Speaker 4: a few months ago telling us they love webtoons. 61 00:02:34,360 --> 00:02:35,919 Speaker 5: So it's a thing that they do. 62 00:02:36,200 --> 00:02:38,240 Speaker 1: Yeah, you know, I mean, you don't have to be judgmental. 63 00:02:38,360 --> 00:02:39,360 Speaker 5: It's a bullish. 64 00:02:41,320 --> 00:02:42,359 Speaker 1: Watch cartoons. 65 00:02:42,440 --> 00:02:44,000 Speaker 5: It's definitely a book. I know, I know. 66 00:02:44,360 --> 00:02:46,400 Speaker 3: It's definitely a bullish thing. And speaking of bullish, I 67 00:02:46,400 --> 00:02:48,200 Speaker 3: got to just bring this up. I wasn't sure that 68 00:02:48,240 --> 00:02:50,680 Speaker 3: this would be a gainer IPO. 69 00:02:50,360 --> 00:02:52,280 Speaker 1: To Well, you weren't sure it was going to be 70 00:02:52,320 --> 00:02:54,639 Speaker 1: a gainer. What were you waiting on for it to 71 00:02:54,680 --> 00:02:56,480 Speaker 1: drop from eighty four percent at. 72 00:02:56,400 --> 00:02:58,280 Speaker 5: The open flipative kind. 73 00:02:58,160 --> 00:03:02,080 Speaker 3: Of best and bounced around. 74 00:03:05,639 --> 00:03:05,880 Speaker 5: Guys. 75 00:03:06,240 --> 00:03:10,799 Speaker 3: Hey, hey, the ticker is blsh. It's kind of a 76 00:03:10,840 --> 00:03:13,359 Speaker 3: clever ticker. It is up about eighty nine percent. It's 77 00:03:13,360 --> 00:03:15,400 Speaker 3: first day of trading. Can I throw one more in there? 78 00:03:15,639 --> 00:03:15,839 Speaker 5: Sure? 79 00:03:15,880 --> 00:03:17,040 Speaker 6: Don't look at me to ask. 80 00:03:17,080 --> 00:03:19,960 Speaker 3: You a m y if you haven't checked out this ticker. 81 00:03:20,040 --> 00:03:24,160 Speaker 3: It's US antimony. We had the CEO. It's not rare 82 00:03:24,200 --> 00:03:27,440 Speaker 3: earth minerals, but it's all about a specific mineral that's 83 00:03:27,520 --> 00:03:30,280 Speaker 3: used in bullets and defense. And we had the CEO 84 00:03:30,400 --> 00:03:32,640 Speaker 3: on and the stock is up about five percent, and 85 00:03:32,680 --> 00:03:34,520 Speaker 3: I can, I think clearly say it's as a result 86 00:03:34,560 --> 00:03:38,240 Speaker 3: of our interview. So check out the interview online. 87 00:03:38,760 --> 00:03:39,680 Speaker 6: All right, I'm gonna go with it. 88 00:03:39,680 --> 00:03:41,600 Speaker 5: I'm done. 89 00:03:41,960 --> 00:03:44,080 Speaker 6: I want to start with Nvideo on the decliner's side, 90 00:03:44,160 --> 00:03:46,600 Speaker 6: down nine tenths of one percent. We did see Semis 91 00:03:46,600 --> 00:03:49,560 Speaker 6: and power generation stocks that were linked to the AI 92 00:03:49,680 --> 00:03:52,640 Speaker 6: boom selling off today. This after Core, We've gave a 93 00:03:52,640 --> 00:03:56,800 Speaker 6: disappointing earnings outlook that reflected costs of rapid data center expansion. 94 00:03:56,840 --> 00:03:59,320 Speaker 6: In Video fel as much as two point one percent. 95 00:03:59,440 --> 00:04:01,720 Speaker 6: It did close at a record yesterday one hundred and 96 00:04:01,760 --> 00:04:04,880 Speaker 6: eighty three dollars, and even with the export tax, was 97 00:04:04,920 --> 00:04:07,560 Speaker 6: that all time high. I want to talk court. We've 98 00:04:07,600 --> 00:04:11,640 Speaker 6: down twenty one percent today. The company reported a wider 99 00:04:11,720 --> 00:04:14,440 Speaker 6: quarterly loss. It gave a disappointing earnings outlook at raised 100 00:04:14,440 --> 00:04:17,680 Speaker 6: concerns about its rapid AI data center expansion, putting some 101 00:04:17,720 --> 00:04:21,680 Speaker 6: pressure on profit margins. The company CEO said, quote, we 102 00:04:21,720 --> 00:04:25,080 Speaker 6: are scaling rapidly as we look to meet our unpreceded 103 00:04:25,120 --> 00:04:28,159 Speaker 6: the unprecedented demand for AI. The company said it's spending 104 00:04:28,200 --> 00:04:32,839 Speaker 6: on acquisitions and new capacity, and finally, CAVA down sixteen 105 00:04:32,880 --> 00:04:36,920 Speaker 6: point six percent. The company shares fell after it trimmed 106 00:04:36,960 --> 00:04:40,520 Speaker 6: its annual sales guidance incited slower quarterly sales growth. I 107 00:04:40,560 --> 00:04:43,440 Speaker 6: saw Brett Schulman on your air. We're gonna have to 108 00:04:43,440 --> 00:04:45,239 Speaker 6: put that on HOLDO, because we're getting some earnings. 109 00:04:45,400 --> 00:04:47,760 Speaker 1: Yeah, Cisco, remember them, they're actually out with their earnings 110 00:04:47,880 --> 00:04:49,680 Speaker 1: right now. We're going to start first with the most 111 00:04:49,680 --> 00:04:52,480 Speaker 1: recent quarter of the fiscal fourth quarter. Revenue did come 112 00:04:52,520 --> 00:04:55,120 Speaker 1: in relatively in line with estimates, at about fourteen point 113 00:04:55,240 --> 00:04:58,720 Speaker 1: sixty seven a billion dollars. On the EPs side, it 114 00:04:58,720 --> 00:05:00,960 Speaker 1: also looks like a modest beaten y nine cents versus 115 00:05:01,040 --> 00:05:03,720 Speaker 1: ninety eight. But here's your forecast going forward. The company 116 00:05:03,720 --> 00:05:06,200 Speaker 1: says for the full fiscal year, which basically started at 117 00:05:06,240 --> 00:05:08,520 Speaker 1: the start of this month, adjusted EPs will be in 118 00:05:08,560 --> 00:05:11,119 Speaker 1: a range of four to four oh six. The street 119 00:05:11,200 --> 00:05:13,240 Speaker 1: was looking for four to oh three, so a tight 120 00:05:13,320 --> 00:05:15,039 Speaker 1: range that pretty much straddles the line of what the 121 00:05:15,040 --> 00:05:17,640 Speaker 1: street was looking for and the revenue guidance. The company 122 00:05:17,680 --> 00:05:20,760 Speaker 1: says that for revenue for the full year fifty nine 123 00:05:20,800 --> 00:05:23,279 Speaker 1: to sixty billion dollars. Again tight guidance here, the street 124 00:05:23,320 --> 00:05:25,400 Speaker 1: was looking for fifty nine point four to nine. You 125 00:05:25,480 --> 00:05:27,880 Speaker 1: see the reaction there in the shares here down about 126 00:05:27,880 --> 00:05:29,960 Speaker 1: three percent, And maybe this is the idea that for 127 00:05:30,040 --> 00:05:32,080 Speaker 1: a company that was supposed to finally be nudging its 128 00:05:32,120 --> 00:05:35,800 Speaker 1: way into the AI ecosystem, maybe investors were looking for 129 00:05:35,839 --> 00:05:38,720 Speaker 1: maybe a little bit more upside on the guidance on. 130 00:05:38,720 --> 00:05:43,080 Speaker 4: The gross margin sixty five point seven percent gap non 131 00:05:43,120 --> 00:05:45,479 Speaker 4: gap sixty eight point four percent. 132 00:05:45,680 --> 00:05:47,280 Speaker 5: Just incredible margins. 133 00:05:47,320 --> 00:05:51,320 Speaker 4: But keep in mind this was the poster child for 134 00:05:51,440 --> 00:05:55,600 Speaker 4: overspending to build out infrastructure during the dot com bubble, right, 135 00:05:55,680 --> 00:05:59,240 Speaker 4: and we're looking at other companies showing signs. 136 00:05:58,920 --> 00:06:00,920 Speaker 5: Of that today Core Weave, right. 137 00:06:01,000 --> 00:06:04,880 Speaker 4: So it's interesting to see Cisco come out and post 138 00:06:04,920 --> 00:06:08,640 Speaker 4: this kind of growth, this kind of gross Margins, you 139 00:06:08,640 --> 00:06:11,520 Speaker 4: wonder if they can keep it going on, the CEO 140 00:06:11,960 --> 00:06:14,120 Speaker 4: saying that it was a strong close to the fiscal 141 00:06:14,200 --> 00:06:17,280 Speaker 4: year that beamed the fiscal year here driven by accelerated 142 00:06:17,279 --> 00:06:22,320 Speaker 4: innovation in solid execution AI infrastructure order signal massive opportunity ahead, 143 00:06:22,320 --> 00:06:23,200 Speaker 4: according to Robin. 144 00:06:23,040 --> 00:06:24,640 Speaker 1: And they do think in the release that their AI 145 00:06:24,720 --> 00:06:28,400 Speaker 1: infrastructure from webscale clients, so basically those hyperscalers that was 146 00:06:28,440 --> 00:06:30,520 Speaker 1: over eight hundred million. Shell also point out you were 147 00:06:30,560 --> 00:06:33,680 Speaker 1: mentioning the CEOs comments and the press statement, Chuck Robins. 148 00:06:33,720 --> 00:06:36,600 Speaker 1: He is scheduled to be on Bloomberg Television tomorrow during 149 00:06:36,760 --> 00:06:37,479 Speaker 1: Bloomberg Tech. 150 00:06:37,560 --> 00:06:38,560 Speaker 5: All right, looking forward to that. 151 00:06:38,600 --> 00:06:40,240 Speaker 3: I mean, the stock has definitely been moving up this 152 00:06:40,360 --> 00:06:44,080 Speaker 3: year on expectations that it would definitely be able to 153 00:06:44,120 --> 00:06:47,240 Speaker 3: play into the AI impact that we've seen on so 154 00:06:47,279 --> 00:06:50,039 Speaker 3: many different companies Chuck Robbins. Though also moving into the 155 00:06:50,080 --> 00:06:53,719 Speaker 3: services area and service revenue three point seventy nine billion 156 00:06:53,720 --> 00:06:56,280 Speaker 3: dollars versus three point seventy eight billion year over year. 157 00:06:56,320 --> 00:06:58,760 Speaker 3: The estimate was three eighty six, so a little shy 158 00:06:58,800 --> 00:07:00,719 Speaker 3: of what the sheet was expecting. Again, they've been trying 159 00:07:00,720 --> 00:07:03,400 Speaker 3: to kind of, I don't know, modernize their model move 160 00:07:03,440 --> 00:07:06,560 Speaker 3: into other areas, and so maybe it's just not a 161 00:07:06,560 --> 00:07:09,400 Speaker 3: straight move forward for this company, because you definitely see 162 00:07:09,440 --> 00:07:12,520 Speaker 3: some disappointment by investors. Down about three percent here in 163 00:07:12,560 --> 00:07:16,000 Speaker 3: the aftermarket again, though it's been moving up this year 164 00:07:16,080 --> 00:07:16,600 Speaker 3: year to date. 165 00:07:16,760 --> 00:07:18,760 Speaker 1: Yeah, Worth, go ahead, I was gonna say a lot 166 00:07:18,760 --> 00:07:20,240 Speaker 1: of questions on that, and I just want to point 167 00:07:20,240 --> 00:07:23,520 Speaker 1: out took our cohr Coherent, which also operates in this space. 168 00:07:23,560 --> 00:07:26,840 Speaker 1: Those shares down fourteen percent right now. Apparently some disappointment 169 00:07:26,840 --> 00:07:27,720 Speaker 1: in its guidance as well. 170 00:07:27,800 --> 00:07:28,000 Speaker 4: Yeah. 171 00:07:28,040 --> 00:07:31,640 Speaker 6: Worth noting once again the AI infrastructure orders that the 172 00:07:31,640 --> 00:07:35,560 Speaker 6: company got from webscale customers in fiscal twenty twenty five 173 00:07:35,600 --> 00:07:40,080 Speaker 6: that was more than double Cisco's original target. Still investors 174 00:07:40,640 --> 00:07:42,160 Speaker 6: not so happy with the results. 175 00:07:42,240 --> 00:07:45,400 Speaker 3: Yeah right through right now by Diana Bass and Brodi Ford. 176 00:07:45,440 --> 00:07:48,880 Speaker 3: Cisco giving a lukewarm outlook, with investors craving that AI 177 00:07:48,960 --> 00:07:52,520 Speaker 3: boost sow some writing through on that earnings release. 178 00:07:53,880 --> 00:07:57,880 Speaker 2: This Stock Movers report from Bloomberg Radio. 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