WEBVTT - Oracle Soars, Nike Rises, Campbells Drops After Cutting Profit Outlook

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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>Let's take a look at some stocks on the move

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<v Speaker 3>this morning.

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<v Speaker 1>I'm Scarletto here with Matt Miller in for Paulsweeny, and

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<v Speaker 1>we want to welcome back bloombergs. Tanitza Sokova, Denisa, what

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<v Speaker 1>are you looking at? We have to talk about Oracle.

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<v Speaker 1>The stock is on a tier, it's up nearly twelve percent.

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<v Speaker 1>The thinker, of course, is all our CEO. Matt is

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<v Speaker 1>super excited about the CDs. I was just looking at

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<v Speaker 1>the CDs. It's hovering around one hundred and fifty basis point.

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<v Speaker 1>It's a little bit off the peak. This is a

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<v Speaker 1>five year CDs, but still it's very elevated. Nevertheless, we're

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<v Speaker 1>seeing a pretty big rally. The company projected strong sales

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<v Speaker 1>in the upcoming fiscal year. When it comes to a stock,

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<v Speaker 1>we actually saw a big sale of more than fifty

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<v Speaker 1>percent drop in the value since September peak. Nevertheless, you

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<v Speaker 1>can see how quickly investors can forget some of those

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<v Speaker 1>AI fears and reward the stock The company, of course

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<v Speaker 1>has massive cloud infrastructure deals with open Ai, meta platforms,

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<v Speaker 1>all the big names.

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<v Speaker 4>Nevertheless, the so obviously that demand was always going to

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<v Speaker 4>be there, Like I don't get was that a question

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<v Speaker 4>mark at all? My concern would be, are they now

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<v Speaker 4>supply constrained because they're not going to be able to

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<v Speaker 4>raise CAPEX without the market throwing a tantrum.

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<v Speaker 3>For sure, But it's a hot space.

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<v Speaker 5>And the most important number was the infrastructure business gain,

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<v Speaker 5>which is eighty four percent. It was more than unless

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<v Speaker 5>we're expecting, so that provided a relief. Nevertheless, the capital

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<v Speaker 5>expansion number was more than anlysts we're expecting, so perhaps

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<v Speaker 5>not quite the thing so you like, but nevertheless it

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<v Speaker 5>was a big so off people are buying the dip.

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<v Speaker 3>There you go, all right. Second stock Nike, very different story.

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<v Speaker 5>It gained as much as three percent in earlier training

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<v Speaker 5>now it small gain. The thicker, of course is Nke.

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<v Speaker 5>We saw an upgrade from Berkleys. The company has been

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<v Speaker 5>under so much pressure for the last few years. It's

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<v Speaker 5>actually down thirty percent from its twenty twenty five high.

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<v Speaker 5>This was about July. We've seen missteps on their former leadership.

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<v Speaker 5>We've seen excess inventory. Obviously, Nike has been at the

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<v Speaker 5>center of tariffs. It's business in China has been deteriorating,

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<v Speaker 5>so there has been so much going on. Nevertheless, bayercle

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<v Speaker 5>sees an opportunity here. They have a pretty generous price target.

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<v Speaker 5>It's seventy three doors. That's a thirty percent increase from here.

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<v Speaker 5>So some optimism there, but definitely after a pretty rough run.

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<v Speaker 5>All right, and last talk, Cambos cutting out look to

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<v Speaker 5>seventeen year low.

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<v Speaker 3>Pretty big drop in the stock.

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<v Speaker 5>Stock is down nearly eight percent and down eighteen percent

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<v Speaker 5>year to date.

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<v Speaker 3>Decor is CPD. It's all about the snacks.

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<v Speaker 5>The group's snack division miss expectations in the second fiscal quarter.

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<v Speaker 3>People are not buying chips and pretzels and.

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<v Speaker 5>That's affecting the business. They are also supply constraints. That

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<v Speaker 5>is affecting the first bakery.

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<v Speaker 3>But I don't know.

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<v Speaker 5>Maybe people are eating healthier, maybe they're not opting for snacks.

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<v Speaker 1>And they need protein in those snacks. They need chicken soup.

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<v Speaker 1>Doesn't Campbell's make soup. They of course they make soup.

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<v Speaker 1>This is about the snacks, It's not about the suit.

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<v Speaker 3>What are the other snacks?

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<v Speaker 4>Like, if you tell me, put me on the spot

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<v Speaker 4>and say, what does Campbell's the Campbell's company make other

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<v Speaker 4>than soup? I would have no idea.

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<v Speaker 3>Yeah, right, not google it. Oh do they make that? Well,

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<v Speaker 3>they bought the part of it that.

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<v Speaker 1>They didn't already own, so yeah, they need like a

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<v Speaker 1>fifty ground protein bar.

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