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 00:00:16,760 --> 00:00:19,320 Speaker 1: I'm Carol Master along with tim Stenwicks. Let's get to 5 00:00:19,480 --> 00:00:21,480 Speaker 1: some of the stocks in the move this past week. 6 00:00:21,680 --> 00:00:25,040 Speaker 1: Back with us is Bloomberg News Equities reporter Jordan Fitzgerald. 7 00:00:25,520 --> 00:00:26,920 Speaker 1: We're gonna start with Oracle, aren't we. 8 00:00:27,320 --> 00:00:30,560 Speaker 3: Seems like the obvious place. Oracle shares did fall about 9 00:00:30,560 --> 00:00:33,640 Speaker 3: twelve point seven percent this week. That was the worst 10 00:00:33,640 --> 00:00:36,120 Speaker 3: week for the stock since twenty eighteen, so it's been 11 00:00:36,159 --> 00:00:40,880 Speaker 3: a while since since Oracle's fill even twelve percent. Earnings 12 00:00:40,920 --> 00:00:45,000 Speaker 3: did disappoint. They are spending more money than they're bringing 13 00:00:45,080 --> 00:00:50,159 Speaker 3: back and it has made investors concerned. And again, investors 14 00:00:50,159 --> 00:00:53,040 Speaker 3: had high hopes. Last time Oracle reported, the stock actually 15 00:00:53,080 --> 00:00:56,560 Speaker 3: had its best week since nineteen ninety nine, and so 16 00:00:56,680 --> 00:00:58,800 Speaker 3: investors went into this thinking it's gonna be another party. 17 00:00:58,840 --> 00:01:01,640 Speaker 3: It's gonna we're going to I learned some great information 18 00:01:01,680 --> 00:01:06,000 Speaker 3: about AI and that's actually not what materialized. Also, we 19 00:01:06,000 --> 00:01:08,199 Speaker 3: got the news today that Oracle may be to dillying 20 00:01:08,280 --> 00:01:11,000 Speaker 3: some open AI data centers from twenty twenty seven to 21 00:01:11,000 --> 00:01:14,160 Speaker 3: twenty twenty eight, which already added to this this pre 22 00:01:14,240 --> 00:01:15,360 Speaker 3: existing barish sentiment. 23 00:01:15,640 --> 00:01:18,759 Speaker 1: Although Oracle's kind of pushed back, right, I think they 24 00:01:19,040 --> 00:01:21,440 Speaker 1: pushback or story about a pushback in those data. 25 00:01:21,480 --> 00:01:23,360 Speaker 3: We'll find out in twenty twenty seven or twenty. 26 00:01:23,120 --> 00:01:26,240 Speaker 4: Twenty eight market on your calendar. I think I'd be 27 00:01:26,280 --> 00:01:28,520 Speaker 4: remiss if I didn't mention just the control that Larry 28 00:01:28,520 --> 00:01:31,600 Speaker 4: Ellison has of Oracle stock and how much of his 29 00:01:31,640 --> 00:01:34,800 Speaker 4: own personal net worth. He's number three on the excuse me, 30 00:01:35,160 --> 00:01:37,160 Speaker 4: now he's number five. It's been updated just in the 31 00:01:37,240 --> 00:01:38,720 Speaker 4: last one point here hours. 32 00:01:39,319 --> 00:01:40,600 Speaker 1: He was world richest man. 33 00:01:40,680 --> 00:01:42,240 Speaker 4: But you know I looked at this an hour ago 34 00:01:42,280 --> 00:01:44,040 Speaker 4: and he was number three. Now he's number five. 35 00:01:43,959 --> 00:01:45,440 Speaker 3: So maybe they updated after the bill. 36 00:01:45,560 --> 00:01:46,400 Speaker 4: Okay, there we go. 37 00:01:46,480 --> 00:01:47,880 Speaker 1: Are rebalancing, if you will. 38 00:01:47,800 --> 00:01:50,320 Speaker 4: So Larry Ellison's not a fifth wealthiest person in the 39 00:01:50,320 --> 00:01:52,280 Speaker 4: world with a net worth of two hundred and forty 40 00:01:52,280 --> 00:01:55,120 Speaker 4: two billion dollars. If I look at the HDS function, 41 00:01:55,520 --> 00:01:59,040 Speaker 4: two hundred and twenty billion of those dollars are tied 42 00:01:59,120 --> 00:02:03,760 Speaker 4: up Oracle stockuments more than forty percent of the outstanding shares. 43 00:02:03,880 --> 00:02:06,960 Speaker 1: Yeah, and the sentiment on Wall Street certainly has been negative. 44 00:02:07,000 --> 00:02:09,000 Speaker 1: If you look at some of the price targets from 45 00:02:09,000 --> 00:02:11,639 Speaker 1: the analyst community, they've been falling post earnings. So the 46 00:02:11,720 --> 00:02:15,320 Speaker 1: riches of nervousness, by the way, yeah there. 47 00:02:16,760 --> 00:02:19,120 Speaker 3: Elon has been thrilled to see Larry Ellison fall. He 48 00:02:19,120 --> 00:02:20,760 Speaker 3: said you ousted me once not again. 49 00:02:21,240 --> 00:02:24,160 Speaker 4: Well, speaking of Larry Ellison and the Alison family, let's 50 00:02:24,160 --> 00:02:26,280 Speaker 4: get to Warner Brothers discovery because I. 51 00:02:26,240 --> 00:02:27,720 Speaker 3: Did think I set you guys up for an easy 52 00:02:27,720 --> 00:02:31,240 Speaker 3: transition with these the best, thank you. But yes, Larry 53 00:02:31,240 --> 00:02:34,279 Speaker 3: Elson also has said that he would back his son's 54 00:02:35,280 --> 00:02:38,680 Speaker 3: attempts to purchase Warner Brothers. So he's involved in more 55 00:02:38,720 --> 00:02:41,960 Speaker 3: than Oracle sometimes. But yes, Warner brother shares up fifteen 56 00:02:42,000 --> 00:02:45,120 Speaker 3: percent this week. The shares did close out a record 57 00:02:45,200 --> 00:02:47,960 Speaker 3: high today and this does follow last week's news that 58 00:02:48,000 --> 00:02:52,200 Speaker 3: Netflix was attempting to acquire Warner Brothers and earlier this 59 00:02:52,240 --> 00:02:54,320 Speaker 3: week when Paramount's guidance said we want to do a 60 00:02:54,320 --> 00:02:55,440 Speaker 3: hostile takeover. 61 00:02:55,560 --> 00:02:57,600 Speaker 1: Right, and we know the president's been weighing into about 62 00:02:57,639 --> 00:03:00,720 Speaker 1: what a deal looks like and his son in laws 63 00:03:00,760 --> 00:03:05,200 Speaker 1: involved Right investment firm in the Paramount offer. I mean 64 00:03:05,240 --> 00:03:07,840 Speaker 1: there's a lot of moving pieces Financial. 65 00:03:07,639 --> 00:03:11,120 Speaker 4: Affinity Partners is Jared Kushner's firm, and if. 66 00:03:11,320 --> 00:03:14,440 Speaker 3: The if Warner Brothers shareholders do choose to go with Paramount, 67 00:03:14,440 --> 00:03:16,400 Speaker 3: they have until January to decide that, and then the 68 00:03:16,480 --> 00:03:18,360 Speaker 3: Netflix takeover would be a moot point. 69 00:03:18,600 --> 00:03:22,520 Speaker 4: Wow, Okay, it's a big mover on the week. Yeah, 70 00:03:22,960 --> 00:03:25,160 Speaker 4: I assume we will be talking about this next week 71 00:03:25,160 --> 00:03:25,440 Speaker 4: as well. 72 00:03:25,639 --> 00:03:27,000 Speaker 3: Yes, perhaps for years. 73 00:03:27,240 --> 00:03:31,080 Speaker 1: Yeah, yeah, exactly right, right, Caravana, we have been talking 74 00:03:31,080 --> 00:03:33,960 Speaker 1: about that, this one a lot over the last week 75 00:03:34,040 --> 00:03:34,360 Speaker 1: or two. 76 00:03:34,760 --> 00:03:35,040 Speaker 2: Yes. 77 00:03:35,160 --> 00:03:39,600 Speaker 3: So Carvana actually today snapped its longest win streak ever. 78 00:03:40,480 --> 00:03:42,920 Speaker 3: If Sharffes closed up today, they would have extended for 79 00:03:43,000 --> 00:03:46,160 Speaker 3: a fourteenth straight day. Previous streak was twelve straight days 80 00:03:46,160 --> 00:03:48,600 Speaker 3: of gains all the way back in twenty nineteen. And 81 00:03:48,640 --> 00:03:51,320 Speaker 3: so Caravana was already rallying. It already had all of 82 00:03:51,360 --> 00:03:54,280 Speaker 3: this momentum, and then last week came the announcement that 83 00:03:54,320 --> 00:03:56,480 Speaker 3: it would be entering the S and P five hundred, 84 00:03:56,600 --> 00:04:00,720 Speaker 3: which just imbued it with a even more positive sentiment. 85 00:04:00,800 --> 00:04:04,080 Speaker 3: And so Carvon has since that rally started, shares added 86 00:04:04,120 --> 00:04:05,160 Speaker 3: about fifty percent. 87 00:04:05,720 --> 00:04:07,280 Speaker 1: It's like unbelievable. 88 00:04:07,400 --> 00:04:10,800 Speaker 4: Yeah, that rally started back on November twenty first right 89 00:04:10,920 --> 00:04:14,000 Speaker 4: and went all the way to December eleventh, fifty two 90 00:04:14,040 --> 00:04:15,640 Speaker 4: point six percent higher. 91 00:04:15,760 --> 00:04:18,800 Speaker 3: But it's up three weeks in a row, three weeks 92 00:04:18,800 --> 00:04:22,440 Speaker 3: in a row, and then sold off. Today shares closed 93 00:04:22,480 --> 00:04:24,200 Speaker 3: down about three point six percent. 94 00:04:24,000 --> 00:04:26,200 Speaker 1: Still up fourteen percent for the week, Still. 95 00:04:25,560 --> 00:04:27,800 Speaker 3: Fourteen percent for the week. Guy, if I were a 96 00:04:27,800 --> 00:04:29,480 Speaker 3: Carbon A shareholder, I don't think I could complain. 97 00:04:29,640 --> 00:04:30,960 Speaker 1: Ten percent of the float is short. 98 00:04:32,000 --> 00:04:33,919 Speaker 3: It's carbon it it's some percent of the float has 99 00:04:33,960 --> 00:04:34,799 Speaker 3: always got to be short. 100 00:04:37,080 --> 00:04:41,120 Speaker 2: The Stock Movers report from Bloomberg Radio. Check back with 101 00:04:41,200 --> 00:04:43,760 Speaker 2: us throughout the day for the latest roundup of companies 102 00:04:43,839 --> 00:04:46,920 Speaker 2: making news on Wall Street and for the latest market 103 00:04:46,960 --> 00:04:51,400 Speaker 2: moving headlines. 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