1 00:00:02,520 --> 00:00:09,960 Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The Stock Movers Report, 2 00:00:10,280 --> 00:00:13,440 Speaker 1: your roundup of companies making moves in the stock market 3 00:00:13,680 --> 00:00:15,880 Speaker 1: harnessing the power of Bloomberg Data. 4 00:00:16,400 --> 00:00:17,799 Speaker 2: Let just take a look at some of the stocks 5 00:00:17,840 --> 00:00:19,400 Speaker 2: on the moves that we can do that today with 6 00:00:19,400 --> 00:00:21,920 Speaker 2: Bloomberg's tot Chenna Darya Chena. What are you looking at today? 7 00:00:22,200 --> 00:00:24,760 Speaker 3: Well, paul Ai seems to be back, but it looks 8 00:00:24,840 --> 00:00:29,960 Speaker 3: like investors need more convincing because sml ADRs here pairing 9 00:00:30,040 --> 00:00:33,880 Speaker 3: those morning gains and swinging between gains and losses after 10 00:00:33,920 --> 00:00:36,960 Speaker 3: the open after those blowout results done both really well 11 00:00:37,000 --> 00:00:40,040 Speaker 3: for tech earnings here in the US. Later today, bookings 12 00:00:40,080 --> 00:00:42,600 Speaker 3: in the fourth quarter were a record at thirteen billion 13 00:00:42,600 --> 00:00:46,760 Speaker 3: euros that sixteen billion dollars, nearly double the analyst estimate. 14 00:00:47,200 --> 00:00:50,479 Speaker 3: The company also announced data plans to catch some seventeen 15 00:00:50,560 --> 00:00:55,160 Speaker 3: hundred job jobs, or about four percent of its workforce. Well, 16 00:00:55,200 --> 00:00:57,840 Speaker 3: the Dutch chip maker is holding its analysts called right now, 17 00:00:57,960 --> 00:01:00,480 Speaker 3: this is where the shares have turned around. The CEO 18 00:01:00,640 --> 00:01:04,160 Speaker 3: has stressed customers are starting to believe that AI demand 19 00:01:04,280 --> 00:01:07,800 Speaker 3: is sustainable and ramping up capacity, but for them it 20 00:01:07,880 --> 00:01:11,280 Speaker 3: only means a gradual increase in supply so to analysts, 21 00:01:11,280 --> 00:01:14,120 Speaker 3: to some of the analysts, distresses a more cautious approach, 22 00:01:14,560 --> 00:01:18,120 Speaker 3: and we're seeing some of that commentary come through our 23 00:01:18,200 --> 00:01:21,320 Speaker 3: top Life blog which is covering the columbiale time revenew Right. 24 00:01:21,360 --> 00:01:23,800 Speaker 2: Thank you for explaining that distinction there and why the 25 00:01:23,920 --> 00:01:25,400 Speaker 2: shares have come off a little bit here. 26 00:01:26,120 --> 00:01:27,440 Speaker 3: How about let's stay in the chip space. 27 00:01:27,440 --> 00:01:28,520 Speaker 2: You've got another chip maker. 28 00:01:28,600 --> 00:01:30,640 Speaker 3: Yeah, moving on to the more boring part of the 29 00:01:30,680 --> 00:01:34,280 Speaker 3: semiconductor industry, if you will, and that is analog chips 30 00:01:34,280 --> 00:01:38,160 Speaker 3: which are used in cars, factory equipment, and anything that 31 00:01:38,360 --> 00:01:40,920 Speaker 3: you want, and that is a Texas instrument is the 32 00:01:40,959 --> 00:01:44,480 Speaker 3: biggest manufacturer of these, and shares are up seven percent 33 00:01:44,920 --> 00:01:49,000 Speaker 3: after a surprisingly robust forecast for the first quarter indicating 34 00:01:49,040 --> 00:01:52,440 Speaker 3: that demand for industrial equipment and vehicles is recovering from 35 00:01:52,640 --> 00:01:56,440 Speaker 3: a rough patch. So it's guidance for revenue is above 36 00:01:56,480 --> 00:02:00,320 Speaker 3: the midpoint there and then also profit is for cast 37 00:02:00,360 --> 00:02:03,560 Speaker 3: to be above estimates. And this bit outlook signals that 38 00:02:03,600 --> 00:02:06,400 Speaker 3: customers have worked through the backlog of the inventory and 39 00:02:06,480 --> 00:02:09,679 Speaker 3: are starting to make purchases again. This is all good 40 00:02:09,720 --> 00:02:13,240 Speaker 3: news for the semiconductors that are not directly exposed to 41 00:02:13,520 --> 00:02:16,600 Speaker 3: AI and have been heavily lagging in recent years. 42 00:02:16,720 --> 00:02:19,919 Speaker 2: Red headline crossing the Bloomberg terminal here. Treasury Sectory Beston 43 00:02:19,960 --> 00:02:24,600 Speaker 2: says us quote absolutely not end quote intervening in dollar 44 00:02:24,720 --> 00:02:25,400 Speaker 2: yen trading. 45 00:02:25,919 --> 00:02:29,160 Speaker 3: Yeah, but this speculation was really percolating, like two days ago. 46 00:02:29,360 --> 00:02:31,960 Speaker 1: Yeah. So two days later we get a comment from 47 00:02:32,000 --> 00:02:32,919 Speaker 1: the Treasury Secretary. 48 00:02:33,200 --> 00:02:36,320 Speaker 2: I guess we've got I'm looking at the DXY index 49 00:02:36,360 --> 00:02:39,280 Speaker 2: here up a little bit. It was down most of 50 00:02:39,280 --> 00:02:41,160 Speaker 2: the morning, but now trading up a little bit higher, right, 51 00:02:41,200 --> 00:02:42,080 Speaker 2: touchdown one more for you. 52 00:02:42,600 --> 00:02:46,079 Speaker 3: AT and T shares are up about five percent after 53 00:02:46,520 --> 00:02:50,079 Speaker 3: reporting for codor profit and revenue. Dot Beat analyst estimates, 54 00:02:50,160 --> 00:02:54,600 Speaker 3: posting the best broadband subscribe subscriber growth in a decade. 55 00:02:54,840 --> 00:02:58,720 Speaker 3: The third largest US wireless provider showed that adjusted earnings 56 00:02:58,720 --> 00:03:02,160 Speaker 3: per share increased to fifty two cents, bidding estimates of 57 00:03:02,200 --> 00:03:04,960 Speaker 3: forty six cents, and signaling that its strategy of being 58 00:03:05,000 --> 00:03:08,720 Speaker 3: a one stop shop for all people's connectivity needs like 59 00:03:08,760 --> 00:03:12,840 Speaker 3: a mobile plan and also an Internet plan is working 60 00:03:12,880 --> 00:03:16,080 Speaker 3: out and that stock can definitely use some help after 61 00:03:16,160 --> 00:03:19,960 Speaker 3: that sharp turnaround from late last year. It's down. It 62 00:03:20,080 --> 00:03:22,960 Speaker 3: was down seven percent before today. Now it's down about 63 00:03:23,080 --> 00:03:27,000 Speaker 3: four percent for the month of January, and today's results 64 00:03:27,080 --> 00:03:30,119 Speaker 3: definitely puts the stock on a better trajectory. 65 00:03:30,760 --> 00:03:34,800 Speaker 1: The Stock Movers Report from Bloomberg Radio. Check back with 66 00:03:34,880 --> 00:03:37,440 Speaker 1: us throughout the day for the latest roundup of companies 67 00:03:37,520 --> 00:03:40,640 Speaker 1: making news on Wall Street and for the latest market 68 00:03:40,640 --> 00:03:45,120 Speaker 1: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 69 00:03:45,240 --> 00:03:48,720 Speaker 1: Bloomberg dot com, and on Applecarplay and Android Auto with 70 00:03:48,800 --> 00:03:50,280 Speaker 1: the Bloomberg Business app.