1 00:00:02,520 --> 00:00:07,440 Speaker 1: Bloomberg Audio Studios, podcasts, radio news. 2 00:00:08,560 --> 00:00:12,440 Speaker 2: The Stock Movers Report, your roundup of companies making moves 3 00:00:12,480 --> 00:00:15,880 Speaker 2: in the stock market, harnessing the power of Bloomberg Data. 4 00:00:17,560 --> 00:00:19,760 Speaker 1: Let's take a look at what stocks are moving today. 5 00:00:20,400 --> 00:00:23,000 Speaker 1: We can do that with bloom tat Channa Diary toat Channa, 6 00:00:23,000 --> 00:00:23,600 Speaker 1: what are you looking at? 7 00:00:23,920 --> 00:00:27,680 Speaker 3: Good morning? Kicking off with ge Vernova. Those shares up 8 00:00:27,720 --> 00:00:32,479 Speaker 3: about thirteen percent today after the supply of electric generation equipment, 9 00:00:32,560 --> 00:00:37,159 Speaker 3: boosted its buybacks from six billion to ten billion, doubled 10 00:00:37,159 --> 00:00:40,080 Speaker 3: its dividend to fifty cent, and e ssued twenty twenty 11 00:00:40,120 --> 00:00:43,720 Speaker 3: six guidance ahead of expectations. So lots of positive updates 12 00:00:43,760 --> 00:00:46,720 Speaker 3: here for investors. The company, of course, has benefited from 13 00:00:46,760 --> 00:00:50,560 Speaker 3: soaring US demand for electricity driven by the data center 14 00:00:50,600 --> 00:00:54,160 Speaker 3: build out in the country related to artificial intelligence, and 15 00:00:54,240 --> 00:00:56,600 Speaker 3: perhaps this quote from the CEO sums it up. He 16 00:00:56,640 --> 00:00:59,840 Speaker 3: says AI is the real driver for us right now, 17 00:01:00,040 --> 00:01:02,960 Speaker 3: which also really encapitulates the state of affairs for many 18 00:01:03,040 --> 00:01:07,080 Speaker 3: utilities and power companies right now, and it's particular expertise 19 00:01:07,120 --> 00:01:10,800 Speaker 3: and high medium voltage technology boosts its potential to be 20 00:01:11,000 --> 00:01:15,000 Speaker 3: a partner for the hyperscalers investing in these data centers 21 00:01:15,000 --> 00:01:18,680 Speaker 3: out there. Investors are certainly recognizing that potential shares are 22 00:01:18,760 --> 00:01:21,120 Speaker 3: up more than one hundred percent this year, one of 23 00:01:21,160 --> 00:01:23,000 Speaker 3: the best in the S and P five hundred and 24 00:01:23,120 --> 00:01:24,880 Speaker 3: the best in the industrial sector. 25 00:01:25,200 --> 00:01:27,920 Speaker 4: All right, Donnie, well, speaking of AI, I'm sure that 26 00:01:28,160 --> 00:01:30,480 Speaker 4: this company that you're going to be talking about will 27 00:01:30,520 --> 00:01:32,440 Speaker 4: also be speaking about that later at their results. 28 00:01:32,440 --> 00:01:33,440 Speaker 1: What can you tell us about. 29 00:01:33,240 --> 00:01:37,920 Speaker 3: Oracle exactly another coordinate to the AI TM or color 30 00:01:37,920 --> 00:01:42,520 Speaker 3: of reports. Today it shares down about one percent earlier, 31 00:01:42,600 --> 00:01:46,280 Speaker 3: it's flat now. The company is an important one to 32 00:01:46,319 --> 00:01:49,120 Speaker 3: watch because first it's a core name for the AI 33 00:01:49,200 --> 00:01:52,440 Speaker 3: thin but also for credit. Just not too long ago, 34 00:01:52,520 --> 00:01:55,080 Speaker 3: we've seen its credit the fault swaps soaring to the 35 00:01:55,200 --> 00:01:58,440 Speaker 3: highest since the global financial crisis. At some point, as 36 00:01:58,480 --> 00:02:01,320 Speaker 3: Wall Street is really worried about this company stretching its 37 00:02:01,360 --> 00:02:05,240 Speaker 3: balance sheet for the AI capex and build out, and 38 00:02:05,320 --> 00:02:09,600 Speaker 3: analysts here expect a really big focused on cash flow 39 00:02:09,840 --> 00:02:12,200 Speaker 3: and expect period cash flow to be negative for the 40 00:02:12,240 --> 00:02:15,119 Speaker 3: next couple of years. So the bar is really really 41 00:02:15,200 --> 00:02:19,080 Speaker 3: high for Dick's earnings report, and Wall Street is expecting 42 00:02:19,120 --> 00:02:22,720 Speaker 3: a pretty high move. Those options imply about a ten 43 00:02:22,800 --> 00:02:24,919 Speaker 3: percent swing in either direction today. 44 00:02:25,000 --> 00:02:26,800 Speaker 1: All right, all right, when I go to Crackerbowl, this 45 00:02:26,840 --> 00:02:30,720 Speaker 1: is what I do. Im button pants, sit down under 46 00:02:30,760 --> 00:02:34,120 Speaker 1: the belt, notch, and then you get the country Boy 47 00:02:34,120 --> 00:02:37,840 Speaker 1: breakfast with a country ham that's the meat choice, biscuits 48 00:02:37,840 --> 00:02:40,920 Speaker 1: and gravy, extra gravy. Then I order a picture of 49 00:02:41,120 --> 00:02:42,760 Speaker 1: iced tea, and then I say just leave me alone 50 00:02:42,760 --> 00:02:45,240 Speaker 1: for a couple. So what's happening with her friends at 51 00:02:45,240 --> 00:02:45,640 Speaker 1: crack a Bell? 52 00:02:45,960 --> 00:02:51,720 Speaker 3: Well, if you were part of it, its core audience 53 00:02:51,760 --> 00:02:54,919 Speaker 3: that did not return the marketing. 54 00:02:54,600 --> 00:02:58,280 Speaker 4: Change, then you are to blame because I change, Yeah, exactly. 55 00:02:58,360 --> 00:03:02,480 Speaker 4: Traffic decline here seven percent in its first quarter. The 56 00:03:02,639 --> 00:03:04,920 Speaker 4: dining chain reported, we could then expect the sales for 57 00:03:04,960 --> 00:03:07,880 Speaker 4: the first quarter cut its annual sales and profit guidance. 58 00:03:08,080 --> 00:03:10,679 Speaker 4: This really goes to show this company is still struggling 59 00:03:10,800 --> 00:03:14,040 Speaker 4: following its backlash after that fail. Logo has since been 60 00:03:14,120 --> 00:03:18,760 Speaker 4: returned and reversed, but shares stumbling thirty five percent since 61 00:03:18,800 --> 00:03:21,280 Speaker 4: mine August since that change and have not been able 62 00:03:21,320 --> 00:03:24,000 Speaker 4: to recover. That just goes to show how hard this 63 00:03:24,120 --> 00:03:24,960 Speaker 4: marketing changes are. 64 00:03:26,240 --> 00:03:30,280 Speaker 2: The stock movers report from Bloomberg Radio check back with 65 00:03:30,360 --> 00:03:32,919 Speaker 2: us throughout the day for the latest roundup of companies 66 00:03:33,000 --> 00:03:36,080 Speaker 2: making news on Wall Street, and for the latest market 67 00:03:36,120 --> 00:03:40,560 Speaker 2: moving headlines. Listen to Bloomberg Radio Live. Catch us on YouTube, 68 00:03:40,680 --> 00:03:44,120 Speaker 2: Bloomberg dot com, and on Applecarplay and Android Auto with 69 00:03:44,240 --> 00:03:45,760 Speaker 2: the Bloomberg Business App.