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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 2: Let's take a look at some stocks on the move today.

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Speaker 2: I'm wall Swing you alongside Scarlet Fulmer and joined by

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Speaker 2: Bloomberg's Alex Semonova. Alex, what are you looking at?

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Speaker 1: Hey, guys. Great to be on with you. I know

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Speaker 1: that we are in the final stretch of the earning season,

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Speaker 1: but a lot of companies are still reporting results, and

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Speaker 1: one of the ones that I'm looking at is HP Inc.

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Speaker 1: That is ticker HPQ. It gave a profit outlook for

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Speaker 1: the current quarter that was in line with expectations of

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Speaker 1: The stock is up about three point five percent right now.

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Speaker 1: Earnings excluding some items will be eighty seven cents a

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Speaker 1: share to ninety seven cents a share. Analysts on average,

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Speaker 1: we're estimating about ninety one cents, so falling, you know,

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Speaker 1: right in the middle of what it gave. In the

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Speaker 1: fiscal third quarter ending July thirty first, it reported sales

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Speaker 1: climbs three point one percent, and to cope with the

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Speaker 1: effects of tariffs, HP is adjusting to use manufacturing facilities

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Speaker 1: outside of China for almost all of its products sold

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Speaker 1: in North America. The company has also raised up prices

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Speaker 1: on some of its items, but investors, I guess see

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Speaker 1: the company really adapting to those tariffs given the share move.

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Speaker 1: What else is on your radar? Alex Yeah. Also taking

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Speaker 1: a look at Best Buy ticker BBY. It also reported

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Speaker 1: better than expected results in the second quarter, with strong

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Speaker 1: demand for gaming, perhaps offsetting some concerns about trade policies.

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Speaker 1: Comparable sales rose one point six percent, beating the average

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Speaker 1: estimate tracked by Bloomberg. The results suggest that best Buy

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Speaker 1: is benefiting from splashing new releases like the Nintendo Switch

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Speaker 1: to the electronics. Retailer also notably snapped a streak of

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Speaker 1: fourteen straight quarterly sales declines. Really big milestone for them.

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Speaker 2: All right, DG dollar in general.

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Speaker 1: Yeah, this is a really interesting one given kind of

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Speaker 1: the mixed performance that we've seen from retailers. It reported

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Speaker 1: stronger than expected sales and raised its forecast, adding to

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Speaker 1: signs that despite all the macroeconomic uncertainty, consumers are still

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Speaker 1: spending money. Same store sales grew two point eight percent

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Speaker 1: in the second quarter, ahead of Wall Street estimates. Retailer

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Speaker 1: earnings have been kind of a beat this month, but

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Speaker 1: specifically it's the discount retailers that have been doing well

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Speaker 1: as more consumers focus on saving money. The stock is

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Speaker 1: about flat right now.

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

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