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Speaker 1: Bloomberg Audio Studios, podcasts, radio news.

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Speaker 2: This Stock Movers Report, your roundup of companies making moves

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Speaker 2: in the stock market, harnessing the power of Bloomberg data.

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Speaker 1: Let's take a look at some stocks on the move today.

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Speaker 1: I'm Nathan Hager, joined by Bloomberg's Dan Curtis on another

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Speaker 1: morning where're seeing earnings cross the Bloomberg terminal, including from

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Speaker 1: the home of the Whopper. Good morning, Dan, Good morning.

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Speaker 3: That's right. The company itself is called Restaurant Brands, but

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Speaker 3: ticker's QSR. The shares are up about four tenths in

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Speaker 3: pre market. But that is the company behind Burger King,

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Speaker 3: as you alluded to, and my personal favorite, Tim Hortons.

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Speaker 3: Fourth quarter sales and earnings both beat estimates. Comparable sales

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Speaker 3: rose three percent higher than estimates, and that was largely

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Speaker 3: driven by international business. Domestically Tim Hortens, Burger King, Popeye's

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Speaker 3: growth all below estimates. But I got to give it

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Speaker 3: a shout out to your dad. Firehouse Subs did beat

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Speaker 3: the expectation, So yeah, subs are going well, and I

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Speaker 3: think that's one of your dad's favorites, so shout out

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Speaker 3: to him.

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Speaker 1: Yeah, So I keep hearing yep.

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Speaker 3: And that also follows McDonald's, which reported after the bell.

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Speaker 3: Those shares are up about two tenths in the pre market.

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Speaker 3: Comparable sales for McDonald's were up nearly seven percent, the

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Speaker 3: fastest pace of growth in two years. Top bottom lines

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Speaker 3: also be estimates. That's being driven by a cost conscious consumer.

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Speaker 3: They're flocking to the value meals, the Mike Value menu,

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Speaker 3: and they're also really going all in on McDonald's loyalty program.

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Speaker 1: But not flucking as much to Popeye's interesting big weight

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Speaker 1: this morning to Cisco Systems after their earnings after the close.

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Speaker 3: DAN that's right, Cisco system shares are down seven percent

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Speaker 3: underticker CSCO. That's after weaker than expected forecast for the

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Speaker 3: current quarter is weighing on investor appetite. The largest maker

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Speaker 3: of networking equipments has sees a gross margin around sixty

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Speaker 3: six percent. That's lighter than estimates, and that's overshadowing the

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Speaker 3: beat on the fiscal second quarter numbers and also the

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Speaker 3: strong sales guidance. The CEO says the company has raised

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Speaker 3: prices as it faces a memory crunch, and it's trying

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Speaker 3: to negotiate favorable terms with suppliers, not quite enough to

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Speaker 3: assuage the market, but the stock still was up eleven

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Speaker 3: percent a year today into those earnings, So we're still

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Speaker 3: up on the ear.

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Speaker 1: And we're still seeing some individual stocks getting hit by

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Speaker 1: the AI disruption trade. Among the latest there is app

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Speaker 1: Loving that's right.

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Speaker 3: It's the mobile tech company. It has been facing the

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Speaker 3: AS disruption, as you said. So it beat fourth quarter

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Speaker 3: earnings and sales estimates. First quarter revenue and adjusted EBITDA

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Speaker 3: guidance was above, but those shares are still down five percent.

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Speaker 3: And as you said, this is about the AI concerns.

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Speaker 3: There's been an expression sell first, ask questions later. That

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Speaker 3: seems to be what's going on here. Evercore Iside did

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Speaker 3: note that the beat was more subdued than normal and

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Speaker 3: expectations were likely more muted going into it because of

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Speaker 3: this AI trade. So it might just be they did

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Speaker 3: clear the bar, but that had been lowered. So the

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Speaker 3: markt's not really enjoying that. Down five percent in the.

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Speaker 1: Pre now very interesting here. Coal related stocks are getting

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Speaker 1: a lift this morning. What's going on?

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Speaker 3: Yeah, so Peabuddy energy ticker BTU is up five percent.

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Speaker 3: That's leading the coal charge today. Trump the Trump administration

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Speaker 3: ordered the Pentagon to purchase electricity directly from coal plants.

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Speaker 3: This is something that Trump has been behind, kind of

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Speaker 3: the shift towards energy, getting more electricity out of the US.

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Speaker 3: He also announced that the Energy Department would give one

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Speaker 3: hundred and seventy five million dollars in funding to upgrade

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Speaker 3: coal plants. The Pea Buddy CEO was at the event.

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Speaker 3: He said the company was working with the administration to

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Speaker 3: build new coal fueled power plants. We've talked a lot

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Speaker 3: about power going into this AI trade, so it looks

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Speaker 3: like coal might be part of the new AI trade.

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Speaker 2: This stock mover's report from Bloomberg Radio. Check back with

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Speaker 2: us throughout the day for the latest roundup of companies

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Speaker 2: making news on Wall Street and for the latest market

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