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

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Speaker 2: The Stock Movers Report, your roundup of companies making moves

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Speaker 2: in the stock market, harnessing the power of Bloomberg Data.

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Speaker 1: Take a look at some of the stocks on the

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Speaker 1: move Today'm all swinging alongside Scarlett Flulh and we're joined

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Speaker 1: by Bloombergh. Christine, you know, Christine, what are you looking at? Well, Paul,

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Speaker 1: let's start with the red today, shall we. That is

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Speaker 1: in video. Of course, it's been all over the news

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Speaker 1: this morning, so it took her. NVDA, those sharps are

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Speaker 1: down more than two percent, so we know right that.

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Speaker 1: The headline is Soft Banks selling its entire stake in

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Speaker 1: Nvidia to bankroll their own AI investments. Now, to put

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Speaker 1: it into context, though the steak is worth five point

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Speaker 1: eight billion dollars. That's kind of a drop in the

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Speaker 1: bucket though, Like for us normal folks, it's a lot

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Speaker 1: of money, you know, like I can retire off of that,

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Speaker 1: but for these companies it's it's not really that much,

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Speaker 1: you know. And Soft Banks saying that they do have

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Speaker 1: a lot of projects they want to fund their stargate

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Speaker 1: data centers, AI robo manufacturing sites, and so this is

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Speaker 1: mainly a necessary financing measure. Very interesting though, because their

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Speaker 1: executives were asked, is this you try to stave off

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Speaker 1: an AI bubble trying to prepare for that? But they

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Speaker 1: kind of sidestepped the questions, CFO Yoshimitsu Goto of Soft

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Speaker 1: Banks saying that they can't say whether we're in an

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Speaker 1: A bubble or not or not. But this measure is

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Speaker 1: merely a financing step, right. If nothing else, it shows

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Speaker 1: how much capital is needed to chase AI investments. Let's

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Speaker 1: take a look at Paramount's guidance, which I initially typed

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Speaker 1: in PA r A but realized that's changed. It's changed

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Speaker 1: new Tiger exactly. It's a good peace guy. Yeah, it's

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Speaker 1: very It rolls off the timeously, but yes, Paramo's guy.

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Speaker 1: Dance peace guy. Those chairs are doing well this morning,

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Speaker 1: up more than eleven percent now, so extending some of

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Speaker 1: their opening gains there. And again we saw their financial

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Speaker 1: report results for the first time since then new investor

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Speaker 1: group took over in August. You know, the third quarter

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Speaker 1: revenue I'm missing a little bit six point seven billion

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Speaker 1: versus analysts forecast for six point eight seven billion. But

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Speaker 1: the good news here really is the fact that they

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Speaker 1: are raising their cost savings goal it is now three

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Speaker 1: billion dollars. They're also planning an additional sixteen hundred person

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Speaker 1: workforce reduction, and analysts also commentating on some of the

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Speaker 1: errors that they're investing in, so Bloomer Intelligence saying that

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Speaker 1: they're really trying to ramp up their investment in content,

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Speaker 1: which is going to be a good generator of future revenue.

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Speaker 1: And JP Morgan also noting that their main priority at

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Speaker 1: the moment is direct to consumer services and that's really

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Speaker 1: going to be important in driving engagement and higher quality growth.

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Speaker 1: And so they are optimistic in the companies of future

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Speaker 1: prospects here and they are they going to buy Slash

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Speaker 1: merge with Warner Brothers Discovery.

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Speaker 2: That's a big question.

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Speaker 1: That's still a big question unanswered right now. Yeah, Yes,

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Speaker 1: esday Water. Yeah, let's take a look at Estay later

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Speaker 1: as well. So taker el those chairs doing well today.

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Speaker 1: They're up six tenth to one percent, so slightly lower

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Speaker 1: from their opening games of nearly one percent, but they're

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Speaker 1: still up because Argus raised their recognition for the company

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Speaker 1: to buy from Holt. They also raise their aps estimates

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Speaker 1: for twenty twenty six and twenty twenty seven, and the

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Speaker 1: strategists aregus saying that you know, their management has increased

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Speaker 1: innovation significantly and they're entering new channels Amazon Premium, Beauty

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Speaker 1: for an Alta, all kind of open for the company

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Speaker 1: at the moment in terms of where they put their products.

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Speaker 1: We did get results from the essay Lauder not too

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Speaker 1: long ago at the end of October. Those beat expectations,

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Speaker 1: but the Asia Pacific net sales missed estimates, and so

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Speaker 1: now investors are going to be looking forward to their

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Speaker 1: annual meeting, which is coming up on Thursday.

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Speaker 2: The Stock Mover's 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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Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube,

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