1 00:00:02,520 --> 00:00:08,720 Speaker 1: Bloomberg Audio Studios, podcasts, radio News, The. 2 00:00:08,720 --> 00:00:12,560 Speaker 2: Stock Movers Report, your roundup of companies making moves in 3 00:00:12,600 --> 00:00:15,880 Speaker 2: the stock market, harnessing the power of Bloomberg Data. 4 00:00:16,840 --> 00:00:19,079 Speaker 1: Let's get to some stocks on the move on this 5 00:00:19,520 --> 00:00:21,680 Speaker 1: and video Wednesday. I'm going to call it Bloomberg News 6 00:00:21,720 --> 00:00:24,279 Speaker 1: Equities team leader and deputy team leader for US Equities 7 00:00:24,280 --> 00:00:27,000 Speaker 1: Carmen Rhinicky. She is in the house and she joins 8 00:00:27,040 --> 00:00:29,160 Speaker 1: us with some stocks on the move. Let's start with 9 00:00:29,240 --> 00:00:33,680 Speaker 1: this one. It's definitely on my gainer list. Exxon. 10 00:00:34,080 --> 00:00:35,880 Speaker 3: Yeah, so right now, this is the top gainer in 11 00:00:35,920 --> 00:00:38,440 Speaker 3: the S and P five hundred ticker AXO n SO 12 00:00:38,479 --> 00:00:42,360 Speaker 3: shares are up about twenty percent right now. So this 13 00:00:42,520 --> 00:00:44,839 Speaker 3: is the maker of taser, right, and it also does 14 00:00:44,840 --> 00:00:47,760 Speaker 3: public safety software, so shares our up after earnings. They 15 00:00:47,800 --> 00:00:50,800 Speaker 3: reported earnings that were better than Wall Street's expectations, and 16 00:00:50,840 --> 00:00:53,360 Speaker 3: analysts really cheered it because they see this company as 17 00:00:53,400 --> 00:00:56,240 Speaker 3: an AI winner. So they're using AI sort of across 18 00:00:56,320 --> 00:00:59,600 Speaker 3: their software platforms, and so this is. 19 00:00:59,520 --> 00:01:03,480 Speaker 1: That it's been is looking at me like, well, because yeah, 20 00:01:03,560 --> 00:01:06,360 Speaker 1: we have and they're very bolth they're so bullish on this. 21 00:01:06,520 --> 00:01:09,720 Speaker 4: Yeah, and the company also you know, the body cameras 22 00:01:09,720 --> 00:01:10,640 Speaker 4: and the footage. 23 00:01:10,240 --> 00:01:12,720 Speaker 1: The robotics is something I think they're exploring a lot 24 00:01:12,720 --> 00:01:13,280 Speaker 1: of different things. 25 00:01:13,360 --> 00:01:14,560 Speaker 4: Sorry, but we digress. 26 00:01:14,720 --> 00:01:16,240 Speaker 3: Yeah, So, I mean they're just seen as one that 27 00:01:16,240 --> 00:01:19,360 Speaker 3: could be a winner as opposed to disrupted as we've seen. 28 00:01:19,360 --> 00:01:21,520 Speaker 3: You know, it's software stocks really get hit there. So 29 00:01:22,040 --> 00:01:25,160 Speaker 3: that's ax on. Another place that I'm looking today is 30 00:01:25,200 --> 00:01:26,039 Speaker 3: the housing sectors. 31 00:01:26,200 --> 00:01:27,080 Speaker 4: That's an interesting story. 32 00:01:27,160 --> 00:01:30,080 Speaker 3: Yeah, I've been looking at the housing index at fifteen 33 00:01:30,240 --> 00:01:33,560 Speaker 3: home so it's down about four percent today, the worst 34 00:01:33,680 --> 00:01:36,119 Speaker 3: since October. So there are kind of a few things 35 00:01:36,160 --> 00:01:39,960 Speaker 3: going on here. First of all, lows so ticker LW 36 00:01:40,080 --> 00:01:43,040 Speaker 3: shares are down, the company forecast full year sales that 37 00:01:43,080 --> 00:01:45,960 Speaker 3: were short of expectations and sort of signaled that there's 38 00:01:45,959 --> 00:01:48,760 Speaker 3: still weakness and you know, uncertainty in the housing market. 39 00:01:49,000 --> 00:01:51,880 Speaker 3: And then secondarily, so investors are really hoping that Trump 40 00:01:51,920 --> 00:01:54,240 Speaker 3: would address this more in the State of the Union 41 00:01:54,320 --> 00:01:56,560 Speaker 3: speech last night, and he did a little bit, but 42 00:01:56,640 --> 00:01:58,680 Speaker 3: I guess not as much as investors are really hoping, 43 00:01:58,720 --> 00:02:01,600 Speaker 3: so sending shares of those homebuilding stocks down today. 44 00:02:01,720 --> 00:02:04,240 Speaker 1: No more specificity right in terms of a policy that 45 00:02:04,360 --> 00:02:08,360 Speaker 1: might address the housing affordability issue. Let's go to Netflix. 46 00:02:08,360 --> 00:02:09,119 Speaker 1: What's going on there? 47 00:02:09,200 --> 00:02:12,680 Speaker 3: Yeah, So Netflix NFLX is up six percent today. This 48 00:02:12,720 --> 00:02:15,880 Speaker 3: is the best day since April twenty second, Earth Day, 49 00:02:16,760 --> 00:02:20,520 Speaker 3: So basically what happened this morning. So Warner Brothers Discovery 50 00:02:20,639 --> 00:02:24,360 Speaker 3: said they have a new offer for Paramount's guidance and 51 00:02:24,400 --> 00:02:27,320 Speaker 3: that could lead to a better deal than the existing 52 00:02:27,400 --> 00:02:30,160 Speaker 3: agreement that they have with Netflix. So investors seem to 53 00:02:30,160 --> 00:02:32,080 Speaker 3: be excited about this because it would mean, you know, 54 00:02:32,160 --> 00:02:35,200 Speaker 3: Netflix is no longer in this deal and they could 55 00:02:35,280 --> 00:02:37,639 Speaker 3: walk away with a breakup fee of two point eight 56 00:02:37,639 --> 00:02:40,760 Speaker 3: billion dollars. So we're seeing shares having you know, some 57 00:02:40,800 --> 00:02:44,400 Speaker 3: resurgence after it's had a really you know, pronounced selloff 58 00:02:44,440 --> 00:02:46,919 Speaker 3: from looking June June of last year. 59 00:02:46,960 --> 00:02:50,200 Speaker 4: Well, that's what's so remarkable about this is that investors 60 00:02:50,200 --> 00:02:52,919 Speaker 4: have been pretty bearish on the idea of this company 61 00:02:52,960 --> 00:02:56,960 Speaker 4: taking on these other assets. So, I don't know, it's 62 00:02:56,960 --> 00:02:59,360 Speaker 4: interesting to see a stock move like this today higher 63 00:02:59,639 --> 00:03:01,880 Speaker 4: given that it's coming from a place where investors have 64 00:03:01,919 --> 00:03:04,320 Speaker 4: sent the signal this is a lot of money to spend, 65 00:03:04,320 --> 00:03:06,440 Speaker 4: and we're not entirely convinced it's the right way to 66 00:03:06,440 --> 00:03:07,960 Speaker 4: spend the money. Yeah, I don't know. 67 00:03:08,480 --> 00:03:10,640 Speaker 1: I'm thinking of what are you thinking of? Who did 68 00:03:10,639 --> 00:03:14,880 Speaker 1: we talk to you yesterday? From Moffatt Nathanson and specifically 69 00:03:15,000 --> 00:03:20,079 Speaker 1: oh Rob Fishman. And basically like, if Netflix doesn't get it, 70 00:03:20,080 --> 00:03:22,600 Speaker 1: it's kind of okay, Like they can walk away, and 71 00:03:22,639 --> 00:03:24,440 Speaker 1: I think they're going to be buyers. Just looking for 72 00:03:24,480 --> 00:03:28,040 Speaker 1: the commentary that he had, he said, with Netflix's stock 73 00:03:28,040 --> 00:03:30,320 Speaker 1: at current depress levels, investors should win either way. We 74 00:03:30,360 --> 00:03:33,639 Speaker 1: see longer term benefits of owning Warner Brothers assets not 75 00:03:33,720 --> 00:03:36,600 Speaker 1: properly reflected these levels. But if Netflix walked away from 76 00:03:36,600 --> 00:03:39,440 Speaker 1: the deal, the company's core fundamental drivers a subscriber and 77 00:03:39,640 --> 00:03:43,480 Speaker 1: ad growth plus pricing power should rebuild investor confidence that 78 00:03:43,520 --> 00:03:46,040 Speaker 1: Warner Brothers was truly nice to have and not a mustag. 79 00:03:46,120 --> 00:03:47,160 Speaker 4: Exactly, you're not going to quit. 80 00:03:47,160 --> 00:03:48,200 Speaker 1: I thought that was smart. 81 00:03:48,240 --> 00:03:49,560 Speaker 4: I think that makes sense. You're not going to quit 82 00:03:49,600 --> 00:03:51,160 Speaker 4: Netflix because it doesn't have the sopranos. 83 00:03:51,240 --> 00:03:53,880 Speaker 1: Right, You'll be okay, right, still be watching winning by 84 00:03:53,880 --> 00:03:55,640 Speaker 1: walking away, exactly, I. 85 00:03:55,520 --> 00:03:57,560 Speaker 4: Think we can all learn something from that. 86 00:03:59,240 --> 00:04:01,560 Speaker 1: It's okay times right, it's a decision. 87 00:04:01,960 --> 00:04:03,800 Speaker 4: It's better than the deal's not done. We don't know, 88 00:04:03,920 --> 00:04:06,160 Speaker 4: we don't know how. He did say he's like, I 89 00:04:06,200 --> 00:04:07,600 Speaker 4: have no idea who's going to win this? 90 00:04:07,920 --> 00:04:09,160 Speaker 1: No, right, exactly? 91 00:04:09,240 --> 00:04:10,800 Speaker 4: Okay, sorry, it's also in Vidia day. 92 00:04:10,800 --> 00:04:13,200 Speaker 3: You're watching that exactly, so we've got to talk about it. 93 00:04:13,200 --> 00:04:16,159 Speaker 3: In Vidia shares are up two point two percent right now, 94 00:04:16,440 --> 00:04:18,720 Speaker 3: and this is a little notable heading into earnings because 95 00:04:18,720 --> 00:04:20,720 Speaker 3: the stock has not seen a lot of momentum in 96 00:04:20,760 --> 00:04:24,880 Speaker 3: the past really few months, so investors sort of rotating 97 00:04:24,920 --> 00:04:27,279 Speaker 3: away from those big tech stocks into maybe like less 98 00:04:27,360 --> 00:04:30,320 Speaker 3: risky parts of the market. But today we're seeing green 99 00:04:30,400 --> 00:04:33,320 Speaker 3: on the screen. Heading into these earnings, a lot of 100 00:04:33,320 --> 00:04:36,159 Speaker 3: things investors will be watching for, mostly the guidance, you know, 101 00:04:36,200 --> 00:04:40,159 Speaker 3: if Jensen's and Jensen can sort of reinvigorate you know, 102 00:04:40,200 --> 00:04:43,279 Speaker 3: investor enthusiasm around AI and sort of under the hood, 103 00:04:43,279 --> 00:04:45,640 Speaker 3: I'll be looking at gross margins, right they say anything 104 00:04:45,640 --> 00:04:48,599 Speaker 3: about China, and then of course that that guidance, you know, 105 00:04:48,680 --> 00:04:51,400 Speaker 3: what they're seeing, especially after we saw so much spending 106 00:04:51,880 --> 00:04:54,320 Speaker 3: from the hyperscalers sort of forecast into the future. 107 00:04:55,560 --> 00:04:59,520 Speaker 2: The Stock Movers Report from Bloomberg Radio. 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