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Speaker 1: Bloomberg Audio Studios podcasts, radio news, The Stock Movers podcast,

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Speaker 1: your roundup of companies making moves in the stock market,

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Speaker 1: harnessing the power of Bloomberg Data. Let's take a look

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Speaker 1: right now and some of the stops on the move today.

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Speaker 2: I'm Paul sweeneen with Alex Steel and we're joined by

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Speaker 2: Bloomberg's Normal, Linda Norm.

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Speaker 1: What do you got for us?

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Speaker 2: Well, I've got eyes on a few socks this morning.

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Speaker 2: I'm looking at CrowdStrike, that's take or CRWD. Now we're

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Speaker 2: seeing shares that are lower. The company did beat expectations

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Speaker 2: for its earnings for the previous quarter, but what the

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Speaker 2: issue is that Wall Street is looking at right now

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Speaker 2: is the fact that they missed expectations for the projected

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Speaker 2: revenue for the current quarter. So we're really seeing shares falling.

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Speaker 2: They fell as much as nine percent today, but we

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Speaker 2: are seeing that decline pairing a little bit down about

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Speaker 2: four percent right now as we speak. Another company that

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Speaker 2: I'm keeping an eye on is Wells Fargo. Let's take

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Speaker 2: our WFC. Of course, this is something that you all

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Speaker 2: have been talked about quite a bit, as people have

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Speaker 2: been really looking at the fact that the Fed actually

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Speaker 2: lifted that asset cap that we've been seeing that's been

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Speaker 2: prolonged for seven years here, and this will actually allow

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Speaker 2: the company to be able to compete with a lot

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Speaker 2: of the other bigger banks there across Wall Street. So

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Speaker 2: we're seeing shares with the company a bit higher, about

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Speaker 2: seven tens of a percent higher right now. But of

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Speaker 2: course this is really good news as it was monumentous

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Speaker 2: for the company. It was expected, but of course Wall

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Speaker 2: Street is celebrating as it should give the company a

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Speaker 2: little bit more wiggle room as it pertains to really

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Speaker 2: just scaling and competing with its counterparts. And lastly, also

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Speaker 2: keeping an eye on Hewlett Packard Enterprise. Of course, we

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Speaker 2: know that there's different sides of HP. This is tak

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Speaker 2: your HPE here and they've focused more so on servers.

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Speaker 2: We're seeing the company posting revenue growth that was strong,

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Speaker 2: and they also said that they see a reduced impact

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Speaker 2: for tariffs. We're seeing shares of the company pairing some

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Speaker 2: of their earlier gains. They were up as much as

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Speaker 2: eight and a half percent now up about eight tenths

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Speaker 2: of a percent. But the company did have a full

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Speaker 2: year profit projection of about one point seven eight to

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Speaker 2: one point nine zero per share, and they did raise

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Speaker 2: the lower end of their estimate, so they expect revenue

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Speaker 2: to increase bybly about seven to nine percent. So this

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Speaker 2: is obviously great news for the company here, but lots

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Speaker 2: that I'm keeping an eye on in the space right now.

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Speaker 1: The Stock Movers podcast from Bloomberg Radio. Check back with

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Speaker 1: us throughout the day for the latest roundup of companies

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Speaker 1: making news on Wall Street and for the latest market

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