1 00:00:02,520 --> 00:00:07,000 Speaker 1: Bloomberg Audio Studios, podcasts, radio news. 2 00:00:08,560 --> 00:00:12,440 Speaker 2: The Stock Movers Report, your roundup of companies making moves 3 00:00:12,480 --> 00:00:15,880 Speaker 2: in the stock market harnessing the power of Bloomberg Data. 4 00:00:16,280 --> 00:00:17,880 Speaker 3: Let's take a look at some stocks on the move. 5 00:00:18,239 --> 00:00:20,919 Speaker 3: I'm Scarlett Foo with Tom Keene in for Paul Sweeny, 6 00:00:20,920 --> 00:00:24,320 Speaker 3: and we're joined by Bloomberg's Avalon Parnell. Hi Avalon, Hi, 7 00:00:24,840 --> 00:00:25,560 Speaker 3: Great to see you. 8 00:00:25,680 --> 00:00:27,040 Speaker 1: Yes, great to see you as well. 9 00:00:27,080 --> 00:00:28,120 Speaker 3: What do you have on your radar? 10 00:00:28,440 --> 00:00:30,600 Speaker 1: First off, we have to talk about Uber. That's ticker 11 00:00:30,760 --> 00:00:33,319 Speaker 1: Uber very easy to remember. It's gaining about three point 12 00:00:33,360 --> 00:00:36,440 Speaker 1: three percent after inking a deal with Amazon Zooks to 13 00:00:36,520 --> 00:00:40,120 Speaker 1: offer Robotaxi rides on its network. They're planning to roll 14 00:00:40,159 --> 00:00:42,760 Speaker 1: out the first rides this summer in Las Vegas, though 15 00:00:42,760 --> 00:00:45,440 Speaker 1: they're also planning to have some rides available in Los 16 00:00:45,479 --> 00:00:47,040 Speaker 1: Angeles as soon as next year as well. 17 00:00:47,640 --> 00:00:50,560 Speaker 3: Have you ever ridden one of those cars that drive themselves? 18 00:00:50,680 --> 00:00:53,920 Speaker 3: I have not, Tom, I don't know how I feel. 19 00:00:54,400 --> 00:00:56,280 Speaker 4: What I do know those car is going to do 20 00:00:56,320 --> 00:00:58,960 Speaker 4: in fifty ninth Street. I mean, if you come off 21 00:00:59,000 --> 00:01:02,600 Speaker 4: Madison Avenue and you got that big humped Park Avenue. 22 00:01:02,800 --> 00:01:04,480 Speaker 4: I GLST cars are going to be in orbit. 23 00:01:05,520 --> 00:01:07,319 Speaker 3: I think they'll just never make a left turn. That's 24 00:01:07,360 --> 00:01:09,480 Speaker 3: the thing, because you can only make a left turn 25 00:01:09,560 --> 00:01:11,560 Speaker 3: once the light turns red. I mean, we all know that, 26 00:01:12,120 --> 00:01:15,320 Speaker 3: but I just don't. Cars just don't get. 27 00:01:15,160 --> 00:01:18,280 Speaker 4: It in, you know. I mean, Evelyn, you're a hipster 28 00:01:18,400 --> 00:01:20,640 Speaker 4: on this. You're going to be the first one in there. Right. 29 00:01:20,840 --> 00:01:21,000 Speaker 2: Oh. 30 00:01:21,080 --> 00:01:22,679 Speaker 1: I definitely want to try it out at least once. 31 00:01:22,720 --> 00:01:23,640 Speaker 1: Everything at least once. 32 00:01:24,520 --> 00:01:25,280 Speaker 4: All right, what's next? 33 00:01:25,360 --> 00:01:25,679 Speaker 3: Evlon? 34 00:01:25,800 --> 00:01:28,560 Speaker 1: Next up, we have Oracle that's ticker o RCL. It's 35 00:01:28,640 --> 00:01:31,520 Speaker 1: up about thirteen percent for its biggest jump since September. 36 00:01:31,959 --> 00:01:34,959 Speaker 1: That's after the software company reported a pretty clean beat 37 00:01:35,040 --> 00:01:37,839 Speaker 1: across the board for the third quarter. It also raised 38 00:01:37,840 --> 00:01:41,399 Speaker 1: its revenue guidance, suggesting potentially continued demand for AI computing, 39 00:01:41,400 --> 00:01:43,759 Speaker 1: which has been a fairly big concern across the board 40 00:01:43,760 --> 00:01:46,959 Speaker 1: within tech and software companies. They all kind of dipped 41 00:01:47,000 --> 00:01:51,160 Speaker 1: earlier amid questions about AI disruption, But Morgan Stanley SAIDs 42 00:01:51,160 --> 00:01:53,600 Speaker 1: in a note that the results should begin to reassure 43 00:01:53,640 --> 00:01:57,160 Speaker 1: investors on Oracle's ability to execute in a very large 44 00:01:57,160 --> 00:01:58,120 Speaker 1: opportunity ahead. 45 00:01:58,400 --> 00:02:01,840 Speaker 3: All right, So that's definitely something where watching and let's 46 00:02:01,880 --> 00:02:03,480 Speaker 3: go old school consumer staple. 47 00:02:04,160 --> 00:02:08,600 Speaker 1: Yes, Campbell's ticker CPB falling about seven point two percent 48 00:02:08,680 --> 00:02:10,760 Speaker 1: right now to hit its lowest inter day level since 49 00:02:10,760 --> 00:02:13,840 Speaker 1: two thousand and three. That's after the package food company 50 00:02:13,840 --> 00:02:16,520 Speaker 1: cut its profit outlook to the lowest in a decade, 51 00:02:16,760 --> 00:02:19,400 Speaker 1: as consumers continue to shift away from salty snacks like 52 00:02:19,480 --> 00:02:23,800 Speaker 1: chips and pretzels, and also they're facing supply chain constraints 53 00:02:23,800 --> 00:02:27,400 Speaker 1: on their freshly baked goods. Also important to note that 54 00:02:28,120 --> 00:02:31,720 Speaker 1: Barclay's released a note saying that not only would results disappointing, 55 00:02:31,800 --> 00:02:35,000 Speaker 1: it could also signal that the snacks unit is continued to. 56 00:02:35,000 --> 00:02:38,560 Speaker 4: Be three second time key audible. Please did you at 57 00:02:38,760 --> 00:02:40,600 Speaker 4: Washington Lee do the mock convention? 58 00:02:40,840 --> 00:02:41,520 Speaker 1: I sure did. 59 00:02:41,919 --> 00:02:45,880 Speaker 4: That's the we explained quickly. You get twenty seconds. Ooh, 60 00:02:45,919 --> 00:02:47,120 Speaker 4: the mock's like huge. 61 00:02:47,560 --> 00:02:50,160 Speaker 1: Yes, the mock conventions one of the biggest conventions in 62 00:02:50,160 --> 00:02:55,160 Speaker 1: the country. We basically mock up the out of office democrat. 63 00:02:55,360 --> 00:02:56,200 Speaker 4: Oh, don't put. 64 00:02:56,040 --> 00:02:56,840 Speaker 3: Her on the spot like that. 65 00:02:58,080 --> 00:03:00,680 Speaker 1: We were a Democrat that year because the Republicans were 66 00:03:00,680 --> 00:03:02,840 Speaker 1: already in office. But that was a really fun time. 67 00:03:02,840 --> 00:03:05,920 Speaker 1: We brought in a bunch of different guests and yeah, 68 00:03:06,280 --> 00:03:09,120 Speaker 1: got to see who we expected to be the Democratic nominee. 69 00:03:09,240 --> 00:03:13,400 Speaker 4: It makes itthical look urban. I know, I know, of 70 00:03:13,560 --> 00:03:16,200 Speaker 4: freaking nowhere exactly. 71 00:03:17,080 --> 00:03:21,320 Speaker 2: The Stockmover's report from Bloomberg Radio. Check back with us 72 00:03:21,320 --> 00:03:24,160 Speaker 2: throughout the day for the latest roundup of companies making 73 00:03:24,200 --> 00:03:27,840 Speaker 2: news on Wall Street and for the latest market moving headlines. 74 00:03:28,040 --> 00:03:32,040 Speaker 2: Listen to Bloomberg Radio Live, catch us on YouTube, Bloomberg 75 00:03:32,080 --> 00:03:35,160 Speaker 2: dot com, and on Applecarplay and Android Auto with the 76 00:03:35,200 --> 00:03:36,560 Speaker 2: Bloomberg Business app.