Speaker 1: Bloomberg Audio Studios, podcasts, radio news.
Speaker 2: The Stock Movers Report, your roundup of companies making moves
Speaker 2: in the stock market, harnessing the power of Bloomberg data.
Speaker 3: Let's take a look at some stocks on the move
Speaker 3: this morning.
Speaker 1: I'm Scarletto here with Matt Miller in for Paulsweeny, and
Speaker 1: we want to welcome back bloombergs. Tanitza Sokova, Denisa, what
Speaker 1: are you looking at? We have to talk about Oracle.
Speaker 1: The stock is on a tier, it's up nearly twelve percent.
Speaker 1: The thinker, of course, is all our CEO. Matt is
Speaker 1: super excited about the CDs. I was just looking at
Speaker 1: the CDs. It's hovering around one hundred and fifty basis point.
Speaker 1: It's a little bit off the peak. This is a
Speaker 1: five year CDs, but still it's very elevated. Nevertheless, we're
Speaker 1: seeing a pretty big rally. The company projected strong sales
Speaker 1: in the upcoming fiscal year. When it comes to a stock,
Speaker 1: we actually saw a big sale of more than fifty
Speaker 1: percent drop in the value since September peak. Nevertheless, you
Speaker 1: can see how quickly investors can forget some of those
Speaker 1: AI fears and reward the stock The company, of course
Speaker 1: has massive cloud infrastructure deals with open Ai, meta platforms,
Speaker 1: all the big names.
Speaker 4: Nevertheless, the so obviously that demand was always going to
Speaker 4: be there, Like I don't get was that a question
Speaker 4: mark at all? My concern would be, are they now
Speaker 4: supply constrained because they're not going to be able to
Speaker 4: raise CAPEX without the market throwing a tantrum.
Speaker 3: For sure, But it's a hot space.
Speaker 5: And the most important number was the infrastructure business gain,
Speaker 5: which is eighty four percent. It was more than unless
Speaker 5: we're expecting, so that provided a relief. Nevertheless, the capital
Speaker 5: expansion number was more than anlysts we're expecting, so perhaps
Speaker 5: not quite the thing so you like, but nevertheless it
Speaker 5: was a big so off people are buying the dip.
Speaker 3: There you go, all right. Second stock Nike, very different story.
Speaker 5: It gained as much as three percent in earlier training
Speaker 5: now it small gain. The thicker, of course is Nke.
Speaker 5: We saw an upgrade from Berkleys. The company has been
Speaker 5: under so much pressure for the last few years. It's
Speaker 5: actually down thirty percent from its twenty twenty five high.
Speaker 5: This was about July. We've seen missteps on their former leadership.
Speaker 5: We've seen excess inventory. Obviously, Nike has been at the
Speaker 5: center of tariffs. It's business in China has been deteriorating,
Speaker 5: so there has been so much going on. Nevertheless, bayercle
Speaker 5: sees an opportunity here. They have a pretty generous price target.
Speaker 5: It's seventy three doors. That's a thirty percent increase from here.
Speaker 5: So some optimism there, but definitely after a pretty rough run.
Speaker 5: All right, and last talk, Cambos cutting out look to
Speaker 5: seventeen year low.
Speaker 3: Pretty big drop in the stock.
Speaker 5: Stock is down nearly eight percent and down eighteen percent
Speaker 5: year to date.
Speaker 3: Decor is CPD. It's all about the snacks.
Speaker 5: The group's snack division miss expectations in the second fiscal quarter.
Speaker 3: People are not buying chips and pretzels and.
Speaker 5: That's affecting the business. They are also supply constraints. That
Speaker 5: is affecting the first bakery.
Speaker 3: But I don't know.
Speaker 5: Maybe people are eating healthier, maybe they're not opting for snacks.
Speaker 1: And they need protein in those snacks. They need chicken soup.
Speaker 1: Doesn't Campbell's make soup. They of course they make soup.
Speaker 1: This is about the snacks, It's not about the suit.
Speaker 3: What are the other snacks?
Speaker 4: Like, if you tell me, put me on the spot
Speaker 4: and say, what does Campbell's the Campbell's company make other
Speaker 4: than soup? I would have no idea.
Speaker 3: Yeah, right, not google it. Oh do they make that? Well,
Speaker 3: they bought the part of it that.
Speaker 1: They didn't already own, so yeah, they need like a
Speaker 1: fifty ground protein bar.
Speaker 2: The Stock Mover's Report from Bloomberg Radio. Check back with
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