Speaker 1: Bloomberg Audio Studios, podcasts, radio News, The.
Speaker 2: Stock Movers Report, your roundup of companies making moves in
Speaker 2: the stock market. Harnessing the power of Bloomberg Data.
Speaker 3: Is take a look at some of the stocks on
Speaker 3: the move today. We can do that with Bloomberg's Avalon
Speaker 3: for now, Avlon, what are you looking in?
Speaker 1: Well, we can start off with Oracle. That's tickerrcl probably
Speaker 1: one of the bigger stories today, falling now about two
Speaker 1: point eight percent as after the Wall Street Journal reported
Speaker 1: earlier that open Ai recently failed to meet its targets
Speaker 1: for sales and also new users. And this report just
Speaker 1: is reviving worries among investors on the scale of that
Speaker 1: AI spending ahead of especially the to Big seven tech
Speaker 1: earnings that are happening later this week. Bloomberg Intelligence writing
Speaker 1: in a great note that while open ai is missed
Speaker 1: will have an impact throughout the AI ecosystem, Oracle is
Speaker 1: potentially the most exposed in terms of risks to its
Speaker 1: financial goals. Though what Bush is saying that they would
Speaker 1: be buyers among the weakness in Oracle and also those
Speaker 1: tech stocks.
Speaker 3: All right, good stuff.
Speaker 1: Certainly will continue to watch for the ripple effect from
Speaker 1: this next one. UPS. That's also ticker UPS sliding now
Speaker 1: about five point two percent. That's after the delivery service
Speaker 1: firms left its financial guidance unchanged. Despite topping Wall Street's
Speaker 1: expectations for first quarter sales and profit, UPS continues to
Speaker 1: face challenges across the board, from shifting US trade policies
Speaker 1: to rising fuel cost and also higher labor and City
Speaker 1: says that the weakness really reflects rising expectations against that
Speaker 1: reiterated guide and also domestic margin misses.
Speaker 3: No air conditioning in the UPS trucks.
Speaker 1: That's so sorry.
Speaker 3: I was feel sorry for the folks out there doing that,
Speaker 3: like those really hot days.
Speaker 2: Is that still the case?
Speaker 3: I think so? But UPS, there's thing is they're just
Speaker 3: bare bones. We're tough, we're low cost.
Speaker 1: Where that's kind of the way unions would go for
Speaker 1: that or whatever.
Speaker 3: I don't know, it's interesting, but I always feel sorry
Speaker 3: for those ones. All right, Senten, what else you got for?
Speaker 1: Yes, that's ticker CNC rising now about six point four
Speaker 1: percent most interday since January, making it one of the
Speaker 1: top performers in the S and P five hundred this morning,
Speaker 1: and that's after a health insurer boosted its profit outlook
Speaker 1: and also reported a first quarter beat. What's really important
Speaker 1: to mention is that Centeen's Bambacare membership loss was less
Speaker 1: than initially expected, and that's pretty important one you kind
Speaker 1: of think about the risk pools. It means that potentially
Speaker 1: they can stay widely the same and the print is
Speaker 1: really another sign of recovery among health insurers, especially as
Speaker 1: the sector comes off a pretty rough year. Jeffries Is
Speaker 1: writing that Senteen posted quite strong results, especially compared to
Speaker 1: a lower bar from the Wall Street expectations.
Speaker 2: This Stock Movers report from Bloomberg Radio. Check back with
Speaker 2: us throughout the day for the latest roundup of companies
Speaker 2: making news on Wall Street and for the latest market
Speaker 2: moving headlines. Listen to Bloomberg Radio Live, Catch us on YouTube,
Speaker 2: Bloomberg dot com, and on Applecarplay and Android Auto with
Speaker 2: the Bloomberg Business app.