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 00:00:16,840 --> 00:00:20,400 Speaker 1: Christina Quino is here with our Stocks on the Move today. Christine, 5 00:00:20,560 --> 00:00:23,560 Speaker 1: you know about Pokemon. I know about Pokemon. I used 6 00:00:23,600 --> 00:00:27,280 Speaker 1: to go Pokemon hunting with the Pokemon Go app. It 7 00:00:27,320 --> 00:00:28,600 Speaker 1: was a great way to get a walk. 8 00:00:29,120 --> 00:00:31,280 Speaker 2: All right, let's talk about the stocks on the move. 9 00:00:31,280 --> 00:00:33,720 Speaker 1: We're gonna start with Oracle, which was a big mover yesterday. 10 00:00:33,840 --> 00:00:36,400 Speaker 1: Absolutely scarlets so thinking a bit of a breather today 11 00:00:36,479 --> 00:00:40,080 Speaker 1: Oracle o RCL shares her down more than three percent. 12 00:00:40,159 --> 00:00:42,920 Speaker 1: But let's put that into context, right, We did get 13 00:00:42,920 --> 00:00:47,599 Speaker 1: that record surge yesterday, up nearly thirty six percent. It 14 00:00:47,680 --> 00:00:51,400 Speaker 1: added eighty nine billion dollars to Larry Ellison's coffers in 15 00:00:51,440 --> 00:00:53,760 Speaker 1: one day, put him right about Elonos to be the 16 00:00:53,760 --> 00:00:56,960 Speaker 1: world's richest person. So not too shabby. Now. The thing 17 00:00:57,240 --> 00:01:00,160 Speaker 1: to really focus on, according to Bloomberg Intelligence, that the 18 00:01:00,240 --> 00:01:03,600 Speaker 1: dust is selling a little bit is really that backlog 19 00:01:03,720 --> 00:01:06,960 Speaker 1: order size four hundred and fifty five billion that exceeds 20 00:01:07,280 --> 00:01:11,119 Speaker 1: the orders for Microsoft Aws, Google Clouds, and it really 21 00:01:11,200 --> 00:01:15,520 Speaker 1: highlights that Oracle has positioned itself uniquely by focusing on 22 00:01:16,040 --> 00:01:19,920 Speaker 1: training AI training workloads rather than some of its arrivals. 23 00:01:19,920 --> 00:01:24,680 Speaker 1: We're focusing on provisioning clouds and so basically, you know, 24 00:01:24,760 --> 00:01:28,039 Speaker 1: it's focused on fine tuning lms with enterprise data. That's 25 00:01:28,080 --> 00:01:31,440 Speaker 1: what gives it the edge in capturing those training workloads 26 00:01:31,440 --> 00:01:34,679 Speaker 1: according to Bloomberg Intelligence, and potentially some longevity in the market. 27 00:01:35,080 --> 00:01:37,839 Speaker 1: You're also looking at seventeen what's going on there, absolutely 28 00:01:37,959 --> 00:01:42,479 Speaker 1: top performer today, so ticker CNC shares are currently up 29 00:01:42,520 --> 00:01:45,320 Speaker 1: more than twelve percent. And so the health insurer getting 30 00:01:45,360 --> 00:01:48,360 Speaker 1: some good news because it gave positive views of its 31 00:01:48,400 --> 00:01:52,000 Speaker 1: Medicare star ratings and it said that it expects costs 32 00:01:52,040 --> 00:01:54,960 Speaker 1: to improve in its Medicaid business. So remember right, the 33 00:01:54,960 --> 00:01:58,520 Speaker 1: Medicare system, it has a star rating system. The higher 34 00:01:58,640 --> 00:02:01,760 Speaker 1: stars you have for the plans that you provide, the 35 00:02:01,760 --> 00:02:04,200 Speaker 1: more incentives that you get from the government. That's basically 36 00:02:04,200 --> 00:02:06,040 Speaker 1: how it works. And so a lot of health insurance 37 00:02:06,160 --> 00:02:08,600 Speaker 1: want to be want to have customers up in those 38 00:02:08,680 --> 00:02:11,840 Speaker 1: higher rated plans so they can get more incentives. And 39 00:02:11,919 --> 00:02:15,480 Speaker 1: Scenting also reaffirming it's adjusted EPs forecast for the full 40 00:02:15,560 --> 00:02:18,440 Speaker 1: year one seventy five per share versus an estimate of 41 00:02:18,440 --> 00:02:20,839 Speaker 1: one sixty four. So also some good news there. I've 42 00:02:20,840 --> 00:02:24,359 Speaker 1: been caught many conversations with elderly people about how many 43 00:02:24,360 --> 00:02:25,520 Speaker 1: stars program has. 44 00:02:25,600 --> 00:02:27,720 Speaker 2: They're very, very concerned about it. All right, let's talk 45 00:02:27,720 --> 00:02:28,440 Speaker 2: about UPS. 46 00:02:28,800 --> 00:02:33,400 Speaker 1: UPS not doing too shabby. Today shares up four tens 47 00:02:33,440 --> 00:02:35,840 Speaker 1: of one percent, but earlier it was down more than 48 00:02:35,880 --> 00:02:39,040 Speaker 1: two percent, and that is because it was cut to 49 00:02:39,120 --> 00:02:43,080 Speaker 1: underperform a Bank of America and the analysts they are 50 00:02:43,080 --> 00:02:46,600 Speaker 1: assigning the end to the de Minimous exemption. So for 51 00:02:46,600 --> 00:02:48,880 Speaker 1: those who don't know demnimous, that was an exemption that 52 00:02:48,919 --> 00:02:52,560 Speaker 1: applied to small packages shipped directly to US consumers from 53 00:02:52,840 --> 00:02:55,520 Speaker 1: retailers abroad. If they were under a certain size, under 54 00:02:55,560 --> 00:02:58,799 Speaker 1: a certain value, they didn't need a customs declaration and duties. 55 00:02:59,040 --> 00:03:02,360 Speaker 1: That exemption ended at the end of August, and so 56 00:03:02,560 --> 00:03:05,160 Speaker 1: now a lot of analysts are thinking these will be 57 00:03:05,400 --> 00:03:08,720 Speaker 1: you know, shares like UPS FedEx also suffering. Will be 58 00:03:08,760 --> 00:03:13,079 Speaker 1: the ones that really suffer. Interestingly, it's not a widespread 59 00:03:13,160 --> 00:03:16,600 Speaker 1: vidya that UPS is you know, an automatic cell because 60 00:03:16,600 --> 00:03:18,800 Speaker 1: of this news. It's actually just you know, the bulk 61 00:03:18,800 --> 00:03:20,960 Speaker 1: of analysts still divided whether the stock is a buyer 62 00:03:21,000 --> 00:03:25,040 Speaker 1: hold but not certainly certainly not good news. The end 63 00:03:25,040 --> 00:03:26,400 Speaker 1: of that exemption for it is company. 64 00:03:27,240 --> 00:03:31,280 Speaker 2: The Stock Movers Report from Bloomberg Radio. Check back with 65 00:03:31,360 --> 00:03:33,960 Speaker 2: us throughout the day for the latest roundup of companies 66 00:03:34,000 --> 00:03:37,080 Speaker 2: making news on Wall Street and for the latest market 67 00:03:37,120 --> 00:03:41,600 Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 68 00:03:41,680 --> 00:03:45,200 Speaker 2: Bloomberg dot com, and on Applecarplay and Android Auto with 69 00:03:45,280 --> 00:03:46,760 Speaker 2: the Bloomberg Business app.