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 1: Let's take a look at what stocks are moving today.
Speaker 1: We can do that with bloom tat Channa Diary toat Channa,
Speaker 1: what are you looking at?
Speaker 3: Good morning? Kicking off with ge Vernova. Those shares up
Speaker 3: about thirteen percent today after the supply of electric generation equipment,
Speaker 3: boosted its buybacks from six billion to ten billion, doubled
Speaker 3: its dividend to fifty cent, and e ssued twenty twenty
Speaker 3: six guidance ahead of expectations. So lots of positive updates
Speaker 3: here for investors. The company, of course, has benefited from
Speaker 3: soaring US demand for electricity driven by the data center
Speaker 3: build out in the country related to artificial intelligence, and
Speaker 3: perhaps this quote from the CEO sums it up. He
Speaker 3: says AI is the real driver for us right now,
Speaker 3: which also really encapitulates the state of affairs for many
Speaker 3: utilities and power companies right now, and it's particular expertise
Speaker 3: and high medium voltage technology boosts its potential to be
Speaker 3: a partner for the hyperscalers investing in these data centers
Speaker 3: out there. Investors are certainly recognizing that potential shares are
Speaker 3: up more than one hundred percent this year, one of
Speaker 3: the best in the S and P five hundred and
Speaker 3: the best in the industrial sector.
Speaker 4: All right, Donnie, well, speaking of AI, I'm sure that
Speaker 4: this company that you're going to be talking about will
Speaker 4: also be speaking about that later at their results.
Speaker 1: What can you tell us about.
Speaker 3: Oracle exactly another coordinate to the AI TM or color
Speaker 3: of reports. Today it shares down about one percent earlier,
Speaker 3: it's flat now. The company is an important one to
Speaker 3: watch because first it's a core name for the AI
Speaker 3: thin but also for credit. Just not too long ago,
Speaker 3: we've seen its credit the fault swaps soaring to the
Speaker 3: highest since the global financial crisis. At some point, as
Speaker 3: Wall Street is really worried about this company stretching its
Speaker 3: balance sheet for the AI capex and build out, and
Speaker 3: analysts here expect a really big focused on cash flow
Speaker 3: and expect period cash flow to be negative for the
Speaker 3: next couple of years. So the bar is really really
Speaker 3: high for Dick's earnings report, and Wall Street is expecting
Speaker 3: a pretty high move. Those options imply about a ten
Speaker 3: percent swing in either direction today.
Speaker 1: All right, all right, when I go to Crackerbowl, this
Speaker 1: is what I do. Im button pants, sit down under
Speaker 1: the belt, notch, and then you get the country Boy
Speaker 1: breakfast with a country ham that's the meat choice, biscuits
Speaker 1: and gravy, extra gravy. Then I order a picture of
Speaker 1: iced tea, and then I say just leave me alone
Speaker 1: for a couple. So what's happening with her friends at
Speaker 1: crack a Bell?
Speaker 3: Well, if you were part of it, its core audience
Speaker 3: that did not return the marketing.
Speaker 4: Change, then you are to blame because I change, Yeah, exactly.
Speaker 4: Traffic decline here seven percent in its first quarter. The
Speaker 4: dining chain reported, we could then expect the sales for
Speaker 4: the first quarter cut its annual sales and profit guidance.
Speaker 4: This really goes to show this company is still struggling
Speaker 4: following its backlash after that fail. Logo has since been
Speaker 4: returned and reversed, but shares stumbling thirty five percent since
Speaker 4: mine August since that change and have not been able
Speaker 4: to recover. That just goes to show how hard this
Speaker 4: marketing changes are.
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