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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 mover's 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 Stenobek, Romain Bostick, and Scarlet Food.

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Speaker 3: Let's go back to the S and P five hundred

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Speaker 3: to the large caps, two hundred and seventy eight names

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Speaker 3: to the upside guys, two hundred and twenty two to

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Speaker 3: the downside, and Matt three unchanged.

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Speaker 4: Yeah, let's take a look at what the breakdown looks

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Speaker 4: like in terms of industry groups. We had most of

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Speaker 4: them in the red today. You can see that energy

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Speaker 4: was a gainer as the underlying asset was rising. Oil

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Speaker 4: is up more than one percent this morning.

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Speaker 3: Or this afternoon.

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Speaker 4: I should say consumer staples, industrials, and healthcare rising there.

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Speaker 4: But everything else in the red, including the all powerful

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Speaker 4: and heavy IT and communication services, that's where those hyperscalers

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Speaker 4: hide out. Need them to gain in order to have

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Speaker 4: any decent traction on the S and P. Five hundred.

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Speaker 4: Although I should say we're not that far off of

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Speaker 4: the record closed yesterday. What it was a sixty six

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Speaker 4: ninety three, I think.

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Speaker 1: Yeah, I'm just going to interrupt you here. Micron earnings

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Speaker 1: are acrossing the wire right now, the maker of that

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Speaker 1: high end memory and swords chips here. For it's fiscal

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Speaker 1: fourth quarter, the company says EPs did actually come in

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Speaker 1: above estimates three dollars and three cents a share. The street,

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Speaker 1: on average was looking for two dollars and eighty four

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Speaker 1: cents a share on the revenue side, eleven point three

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Speaker 1: to two billion dollars on revenue, a slight beat over

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Speaker 1: analyst estimates. On average, they were looking for about eleven

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Speaker 1: point one five billion. Gross margin also did expand to

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Speaker 1: about forty five point seven percent. There. You just seeing

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Speaker 1: a modest increase in the shares here in the after

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Speaker 1: hour session, I'm going to dig a little bit deeper

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Speaker 1: and try to find some guidance.

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Speaker 5: Shares up about one point six percent in the after hours.

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Speaker 5: In the press release, Sanjay Morotra, the company's chairman, president,

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Speaker 5: and CEO, said that the company's uniquely positioned to capitalize

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Speaker 5: on the AI opportunity ahead. He actually calls out being

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Speaker 5: the only US based memory manufacturing said, it's a record

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Speaker 5: breaking fiscal year, exceptional fourth quarter performance at underscores our

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Speaker 5: leadership in tech products and operational execution.

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Speaker 3: All right, sounds like the data center business, right, Really

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Speaker 3: some outperformance there, he says in the press rove in

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Speaker 3: mind that Micron has been on a tear this year.

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Speaker 1: Yeah, let's get to the forecast here. The company is

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Speaker 1: saying now that for its fiscal first quarter, it is

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Speaker 1: guiding revenue in a range of twelve point two to

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Speaker 1: twelve point eight billion. The low end of that range

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Speaker 1: is above the average of anaal assessments of eleven point

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Speaker 1: nine to one. Adjusted EPs being guided in a range

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Speaker 1: of three dollars and sixty cents to three dollars and

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Speaker 1: ninety cents the low end of that range above the

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Speaker 1: average of street estimates of three dollars and five cents,

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Speaker 1: and gross margin for the current quarter the company guiding

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Speaker 1: fifty point five to fifty two point five percent, the

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Speaker 1: low end of that range above the average of analy

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Speaker 1: assessments of forty five point seven.

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Speaker 2: Yeah.

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Speaker 4: I think that's so interesting when you look at not

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Speaker 4: only are they going to grow more than the street

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Speaker 4: had forecasts, they're going to see bigger margins, right, so

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Speaker 4: they're making more money. It's not like they're buying this growth.

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Speaker 4: We talk so much about the Well, we've been talking

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Speaker 4: so much today and yesterday since about noon. After that

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Speaker 4: and Vida announcement about the kind of circular nature of

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Speaker 4: this AI infrastructure. Right, open ai wants to buy GPUs

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Speaker 4: from Nvidia, and Vidia invests one hundred billion dollars in

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Speaker 4: open Ai and then they can afford to pay that revenue. Well,

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Speaker 4: it looks like Micron isn't in that position. They're raising

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Speaker 4: the revenue, they're raising the profit as well, with.

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Speaker 3: Earnings per share also.

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Speaker 4: Eclipsing what the street was looking for. So a beat

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Speaker 4: on pretty much every level.

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Speaker 3: All right, So Micron continuing to trade up about four

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Speaker 3: percent here in the aftermarket. I'm going to go back

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Speaker 3: to some of the individual gainers in the regular session.

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Speaker 3: I think I mentioned Paramount Skuiddance, an outperformer up at

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Speaker 3: its highs up twelve percent, finishing the day with a

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Speaker 3: gain of about six percent. Remember, Paramount Skuidance is said

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Speaker 3: to be preparing a bit for Warner Brothers Discovery. I

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Speaker 3: didn't see any real real new news.

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Speaker 1: Yeah, why is it up? I haven't all watching this

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Speaker 1: all day and I couldn't figure it out.

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Speaker 3: I have no idea. At one point it was the

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Speaker 3: top gainer in the S and P five hundred, so

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Speaker 3: I have no idea. On Friday, we did see CNBC

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Speaker 3: talking about an offer that could land in the range

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Speaker 3: of twenty two to twenty four per share, although he

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Speaker 3: did caution that or the network cautioning that the price

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Speaker 3: range was speculative an offer could come later than previously expected.

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Speaker 3: So Paramount on a tear Warner Brothers does some TikTok

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Speaker 3: was down a hair?

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Speaker 4: Why it's because of TikTok, right is it?

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Speaker 3: That's just my guess.

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Speaker 4: I mean considering Oracle Rose on TikTok yesterday and it's

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Speaker 4: like fatherlike son.

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Speaker 3: Is that not the case? I don't know, I don't know. Uh,

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Speaker 3: Matt says, but tbd, tbd.

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Speaker 4: This is this is Larry Ellison's kid, right.

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Speaker 3: Yes it is, yes, yes. So as we all start.

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Speaker 4: To consume all of our media across short messaging apps

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Speaker 4: like TikTok or short video acts like Vine, maybe Paramount

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Speaker 4: Skydance somehow gets in online.

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Speaker 3: But I would almost say, like if it was maybe

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Speaker 3: Fox or something, right, because isn't Murdoch now said to

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Speaker 3: be maybe part of it?

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Speaker 4: Yeah? Well, Donald Trump said Lachlan was going to be involved.

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Speaker 4: As well as Rupert.

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Speaker 3: All right, I'm moving along to ken View because this

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Speaker 3: one bouncing up seven percent at its highes today, finishing

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Speaker 3: the day with the game of about one and a

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Speaker 3: half percent. Yeah nicely said, thank you, well done, well done.

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Speaker 3: President Trump's Yeah, I mean, listen, there was a rethink.

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Speaker 3: There was a lot of doctors. We actually had a

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Speaker 3: great doctor on Ari R talking about still planning to

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Speaker 3: give it to his patients, doctor.

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Speaker 5: Todd Ivy from the American College of Obstetricians.

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Speaker 3: And really going by the science and the research that's

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Speaker 3: been out that he said, time and all. I mean,

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Speaker 3: this is a ceda menaphone has been researched to death

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Speaker 3: and has been around for a long time. So keep

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Speaker 3: it all the way to death.

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Speaker 1: That's a weird choice of words, but okay, yeah, keep going, Carol.

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Speaker 3: God bye, missing Katie.

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Speaker 5: Is mad in all week.

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Speaker 2: He is.

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Speaker 3: I'll be here all week. He's serious. It's like heaven.

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Speaker 3: My three brothers around, four brothers around. Sorry, sorry for

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Speaker 3: one of them, brother forgot all right, for something different,

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Speaker 3: I'm going to mention SoundHound up as much as eleven percent.

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Speaker 3: It's highs today finished it with a game of about

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Speaker 3: four and a quarter percent. Company and seafood restaurant chain

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Speaker 3: Red Lobster announced a partnership to roll out an AI

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Speaker 3: powered phone ordering agent.

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Speaker 1: I love this, I know because I have no idea

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Speaker 1: what it means.

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Speaker 3: I don't have any idea either. I don't know what

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Speaker 3: you're ordering.

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Speaker 1: Edge, and so why I can just get my Lobster

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Speaker 1: on what like the AI order?

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Speaker 3: Is it for me or something? I don't know. I

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Speaker 3: don't know, but the shares are epithets. I can tell.

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Speaker 3: I'm mon. Red Lobster fansh shares are up about thirty

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Speaker 3: percent in the past seven train being in a Red

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Speaker 3: Lobster thirty three percent of the float is short. You know.

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Speaker 1: It's like, I'm not even black.

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Speaker 3: I'm not even listening to you anyway. It's an opperformer

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Speaker 3: tip over to you.

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Speaker 5: I am going to go with the MAG seven Total

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Speaker 5: Return Index Tech taking a hit today Big Tech. All

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Speaker 5: seven of the MAG seven ended up falling today, Amazon

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Speaker 5: and Nvidia dragging down the index down one point five

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Speaker 5: to four percent, actually the worst day in more than

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Speaker 5: a month for the group. The MAG seven still collectively

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Speaker 5: up around nineteen percent so far this year. Also, keep

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Speaker 5: an eye on what happened with a Vertive and other

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Speaker 5: electric power equipment companies. Today, Verdive down six point two percent.

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Speaker 5: This after Microsoft set it developed an in chip cooling

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Speaker 5: system that can essentially cool a server running course services

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Speaker 5: for a simulated teams meeting. The announcement coming from a

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Speaker 5: blog post from the tech giant. I didn't know those

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Speaker 5: were so okay. I didn't know those were so intensive

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Speaker 5: when it came to the heat that was produced.

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Speaker 1: I mean, that's why it takes so long to load

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Speaker 1: on my computer.

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Speaker 5: I don't know. No comment there. We also saw shares

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Speaker 5: of Eaten and some other electric power equipment companies fall

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Speaker 5: on that news. And finally, Firefly Aerospace. This is the

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Speaker 5: small rocket launching company that went back to public just

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Speaker 5: a little over a month ago ticker fl Y. It

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Speaker 5: fell fifteen and a half percent today, this after the

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Speaker 5: company came out with second quarter revenue that came in

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Speaker 5: short of Wall Street expectations. The company did make history though,

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Speaker 5: a few months ago, back in March, when it landed

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Speaker 5: its Blue Ghost robotic spacecraft on the surface of the

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Speaker 5: Moon that was in partnership with NASA.

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Speaker 2: This stock movers report from Bloomberg Radio check back with

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

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Speaker 2: making news on Wall Street, and for the latest market

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