WEBVTT - Uber Jumps, Oracle Soars, Campbells Drops After Cutting Outlook

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<v Speaker 1>Bloomberg Audio Studios, podcasts, radio news.

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<v Speaker 2>The Stock Movers Report, your roundup of companies making moves

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<v Speaker 2>in the stock market harnessing the power of Bloomberg Data.

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<v Speaker 3>Let's take a look at some stocks on the move.

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<v Speaker 3>I'm Scarlett Foo with Tom Keene in for Paul Sweeny,

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<v Speaker 3>and we're joined by Bloomberg's Avalon Parnell. Hi Avalon, Hi,

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<v Speaker 3>Great to see you.

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<v Speaker 1>Yes, great to see you as well.

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<v Speaker 3>What do you have on your radar?

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<v Speaker 1>First off, we have to talk about Uber. That's ticker

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<v Speaker 1>Uber very easy to remember. It's gaining about three point

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<v Speaker 1>three percent after inking a deal with Amazon Zooks to

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<v Speaker 1>offer Robotaxi rides on its network. They're planning to roll

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<v Speaker 1>out the first rides this summer in Las Vegas, though

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<v Speaker 1>they're also planning to have some rides available in Los

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<v Speaker 1>Angeles as soon as next year as well.

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<v Speaker 3>Have you ever ridden one of those cars that drive themselves?

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<v Speaker 3>I have not, Tom, I don't know how I feel.

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<v Speaker 4>What I do know those car is going to do

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<v Speaker 4>in fifty ninth Street. I mean, if you come off

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<v Speaker 4>Madison Avenue and you got that big humped Park Avenue.

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<v Speaker 4>I GLST cars are going to be in orbit.

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<v Speaker 3>I think they'll just never make a left turn. That's

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<v Speaker 3>the thing, because you can only make a left turn

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<v Speaker 3>once the light turns red. I mean, we all know that,

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<v Speaker 3>but I just don't. Cars just don't get.

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<v Speaker 4>It in, you know. I mean, Evelyn, you're a hipster

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<v Speaker 4>on this. You're going to be the first one in there. Right.

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<v Speaker 2>Oh.

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<v Speaker 1>I definitely want to try it out at least once.

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<v Speaker 1>Everything at least once.

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<v Speaker 4>All right, what's next?

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<v Speaker 3>Evlon?

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<v Speaker 1>Next up, we have Oracle that's ticker o RCL. It's

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<v Speaker 1>up about thirteen percent for its biggest jump since September.

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<v Speaker 1>That's after the software company reported a pretty clean beat

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<v Speaker 1>across the board for the third quarter. It also raised

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<v Speaker 1>its revenue guidance, suggesting potentially continued demand for AI computing,

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<v Speaker 1>which has been a fairly big concern across the board

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<v Speaker 1>within tech and software companies. They all kind of dipped

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<v Speaker 1>earlier amid questions about AI disruption, But Morgan Stanley SAIDs

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<v Speaker 1>in a note that the results should begin to reassure

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<v Speaker 1>investors on Oracle's ability to execute in a very large

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<v Speaker 1>opportunity ahead.

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<v Speaker 3>All right, So that's definitely something where watching and let's

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<v Speaker 3>go old school consumer staple.

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<v Speaker 1>Yes, Campbell's ticker CPB falling about seven point two percent

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<v Speaker 1>right now to hit its lowest inter day level since

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<v Speaker 1>two thousand and three. That's after the package food company

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<v Speaker 1>cut its profit outlook to the lowest in a decade,

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<v Speaker 1>as consumers continue to shift away from salty snacks like

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<v Speaker 1>chips and pretzels, and also they're facing supply chain constraints

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<v Speaker 1>on their freshly baked goods. Also important to note that

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<v Speaker 1>Barclay's released a note saying that not only would results disappointing,

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<v Speaker 1>it could also signal that the snacks unit is continued to.

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<v Speaker 4>Be three second time key audible. Please did you at

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<v Speaker 4>Washington Lee do the mock convention?

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<v Speaker 1>I sure did.

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<v Speaker 4>That's the we explained quickly. You get twenty seconds. Ooh,

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<v Speaker 4>the mock's like huge.

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<v Speaker 1>Yes, the mock conventions one of the biggest conventions in

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<v Speaker 1>the country. We basically mock up the out of office democrat.

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<v Speaker 4>Oh, don't put.

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<v Speaker 3>Her on the spot like that.

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<v Speaker 1>We were a Democrat that year because the Republicans were

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<v Speaker 1>already in office. But that was a really fun time.

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<v Speaker 1>We brought in a bunch of different guests and yeah,

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<v Speaker 1>got to see who we expected to be the Democratic nominee.

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<v Speaker 4>It makes itthical look urban. I know, I know, of

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<v Speaker 4>freaking nowhere exactly.

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