Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The Stock Movers Report,
Speaker 1: your roundup of companies making moves in the stock market
Speaker 1: harnessing the power of Bloomberg Data.
Speaker 2: Let just take a look at some of the stocks
Speaker 2: on the moves that we can do that today with
Speaker 2: Bloomberg's tot Chenna Darya Chena. What are you looking at today?
Speaker 3: Well, paul Ai seems to be back, but it looks
Speaker 3: like investors need more convincing because sml ADRs here pairing
Speaker 3: those morning gains and swinging between gains and losses after
Speaker 3: the open after those blowout results done both really well
Speaker 3: for tech earnings here in the US. Later today, bookings
Speaker 3: in the fourth quarter were a record at thirteen billion
Speaker 3: euros that sixteen billion dollars, nearly double the analyst estimate.
Speaker 3: The company also announced data plans to catch some seventeen
Speaker 3: hundred job jobs, or about four percent of its workforce. Well,
Speaker 3: the Dutch chip maker is holding its analysts called right now,
Speaker 3: this is where the shares have turned around. The CEO
Speaker 3: has stressed customers are starting to believe that AI demand
Speaker 3: is sustainable and ramping up capacity, but for them it
Speaker 3: only means a gradual increase in supply so to analysts,
Speaker 3: to some of the analysts, distresses a more cautious approach,
Speaker 3: and we're seeing some of that commentary come through our
Speaker 3: top Life blog which is covering the columbiale time revenew Right.
Speaker 2: Thank you for explaining that distinction there and why the
Speaker 2: shares have come off a little bit here.
Speaker 3: How about let's stay in the chip space.
Speaker 2: You've got another chip maker.
Speaker 3: Yeah, moving on to the more boring part of the
Speaker 3: semiconductor industry, if you will, and that is analog chips
Speaker 3: which are used in cars, factory equipment, and anything that
Speaker 3: you want, and that is a Texas instrument is the
Speaker 3: biggest manufacturer of these, and shares are up seven percent
Speaker 3: after a surprisingly robust forecast for the first quarter indicating
Speaker 3: that demand for industrial equipment and vehicles is recovering from
Speaker 3: a rough patch. So it's guidance for revenue is above
Speaker 3: the midpoint there and then also profit is for cast
Speaker 3: to be above estimates. And this bit outlook signals that
Speaker 3: customers have worked through the backlog of the inventory and
Speaker 3: are starting to make purchases again. This is all good
Speaker 3: news for the semiconductors that are not directly exposed to
Speaker 3: AI and have been heavily lagging in recent years.
Speaker 2: Red headline crossing the Bloomberg terminal here. Treasury Sectory Beston
Speaker 2: says us quote absolutely not end quote intervening in dollar
Speaker 2: yen trading.
Speaker 3: Yeah, but this speculation was really percolating, like two days ago.
Speaker 1: Yeah. So two days later we get a comment from
Speaker 1: the Treasury Secretary.
Speaker 2: I guess we've got I'm looking at the DXY index
Speaker 2: here up a little bit. It was down most of
Speaker 2: the morning, but now trading up a little bit higher, right,
Speaker 2: touchdown one more for you.
Speaker 3: AT and T shares are up about five percent after
Speaker 3: reporting for codor profit and revenue. Dot Beat analyst estimates,
Speaker 3: posting the best broadband subscribe subscriber growth in a decade.
Speaker 3: The third largest US wireless provider showed that adjusted earnings
Speaker 3: per share increased to fifty two cents, bidding estimates of
Speaker 3: forty six cents, and signaling that its strategy of being
Speaker 3: a one stop shop for all people's connectivity needs like
Speaker 3: a mobile plan and also an Internet plan is working
Speaker 3: out and that stock can definitely use some help after
Speaker 3: that sharp turnaround from late last year. It's down. It
Speaker 3: was down seven percent before today. Now it's down about
Speaker 3: four percent for the month of January, and today's results
Speaker 3: definitely puts the stock on a better trajectory.
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