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Speaker 1: Bloomberg Audio Studios, podcasts, radio news.

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Speaker 2: This is the closing bell on this stock movers report,

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Speaker 2: the company's making moves at the close of US trading

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Speaker 2: with Carol Masser, Tim Stenovak, Romain, Bostik, and Scarlet.

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Speaker 3: Food S and P five hundred. Let's go back there, guys,

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Speaker 3: three hundred and forty three names gaining on this Tuesday,

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Speaker 3: Scarlet one hundred and fifty eight to the downside, two unchanged.

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Speaker 4: Yeah, Let's focus on the market cap weighted index, which

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Speaker 4: is the SMP five hundred, rather than the price weighted index,

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Speaker 4: which is a DOW. So within the s and P

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Speaker 4: five hundred, there's only one sector in the red. It

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Speaker 4: happens to be the most heaviest weighted sector, which is Tech,

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Speaker 4: down three quarters of one percent. But everything else finished

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Speaker 4: in the green. Although industrials and utilities little change on

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Speaker 4: the day, the best performers to what Romaine was saying

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Speaker 4: was healthcare up more than two percent, Energy and consumer

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Speaker 4: staples also gaining at least one point two percent.

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Speaker 3: All right, a lot of green on that screen. All right,

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Speaker 3: let's go to individual gainers. If I made this one

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Speaker 3: was pretty much top gainer in the SMP for most

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Speaker 3: of the day, but here at the close being edged

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Speaker 3: out a little bit, so it's in the number two spot.

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Speaker 3: Here we're talking about Paramount sky Dance. This dot up

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Speaker 3: as much as twelve point five percent interday, but closing

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Speaker 3: just shy of ten percent. Company rows after it raised

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Speaker 3: his target for job cuts and cost saving measures company

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Speaker 3: planning and additional workforce reduction, aiming to achieve at least

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Speaker 3: three billion in cost savings. It is though, forecasting thirty

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Speaker 3: billion in revenue next year and plans to invest much

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Speaker 3: of that savings in the business, including one and a

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Speaker 3: half billion in additional twenty twenty six spending for the

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Speaker 3: Paramount Plus streaming service. So definitely some outperformance in that one.

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Speaker 3: Check out the real real guys up thirty eight percent,

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Speaker 3: pretty much finishing at its best levels of the session.

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Speaker 3: The company out reported EPs and sales above estimates. It

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Speaker 3: also boosted its revenue guidance for the full year to

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Speaker 3: beat the average analyst estimate. It's up about forty percent

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Speaker 3: year today. But keep in mind probably some shortcovering tidy,

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Speaker 3: as twenty five percent of the float is short, so

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Speaker 3: we definitely saw investors moving into that one and last,

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Speaker 3: but not lease maple Bear. I can never say that

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Speaker 3: word maple Bear. Maybe I should just say Instacart.

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Speaker 4: There you go.

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Speaker 3: Ticket Digger is cart Stack up five percent in today's session.

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Speaker 3: Company posted better than expected order growth provide an upbeat

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Speaker 3: earnings outlook for the current period, indicating that demand for

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Speaker 3: its core grocery delivery service has been holding strong. And

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Speaker 3: we've seen that for some of the companies, Uber Tech

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Speaker 3: and door Dash, they have also seen some expansion beyond

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Speaker 3: restaurant take out into the grocery category. So we're kind

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Speaker 3: of seeing and all in on that.

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Speaker 1: Okay, well, let's talk a little about some of the

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Speaker 1: stocks in the red today. Decliners on my list included

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Speaker 1: in Vidio, down three percent. Those shares took a hit

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Speaker 1: after soft Bank sold It's an entire stake in the

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Speaker 1: company for five point eight three billion dollars to help

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Speaker 1: bank roll AI investments. This sale coinciding with a growing

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Speaker 1: debate about whether spending in big tech firms will actually

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Speaker 1: produce commensurate returns expected spending. So passing a trillion dollars

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Speaker 1: in the coming years, I get it they think they

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Speaker 1: can have a better return outside of the company, and

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Speaker 1: maybe that got some investors in the company concerned about Nvidia.

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Speaker 1: Today shares sliding by three percent, weighing on the S

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Speaker 1: and P five hundred responsible for actually sixteen point eight

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Speaker 1: points to the downside of the S and P. Today,

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Speaker 1: Core We've down sixteen point three percent. It fell the

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Speaker 1: most since August. This after the company lowered its annual

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Speaker 1: revenue forecast. This was due to a delay and fulfilling

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Speaker 1: a customer contract that was caused by a third party

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Speaker 1: data center developer who is behind schedule. The company CEO,

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Speaker 1: Michael and Trader, was on Bloomberg Technology earlier today. He

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Speaker 1: did say that it's a trusted partner and you know,

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Speaker 1: trusted customer and they still have the contract. But these

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Speaker 1: are the types of delays that they are dealing with.

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Speaker 1: These are the choke points that the company is dealing with.

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Speaker 1: That forecast for sales in twenty twenty five now five

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Speaker 1: point zho five billion to five point one five billion,

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Speaker 1: down from a previous high of five point three five

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Speaker 1: billion dollars. Core We've shares down sixteen point three percent

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Speaker 1: and then beyond meatfel today nine point three percent, and

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Speaker 1: the company's fourth quarter net revenue forecast missed the average.

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Speaker 1: Anal essessimate the company sees net revenue in the quarter

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Speaker 1: sixty to sixty five million, the Bloomberg consensus with seventy

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Speaker 1: point one million dollars.

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Speaker 2: The Stockmover's report from Bloomberg Radio. Check back with us

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Speaker 2: throughout the day for the latest roundup of companies making

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Speaker 2: news on Wall Street and for the latest market moving headlines.

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