1 00:00:02,520 --> 00:00:07,360 Speaker 1: Bloomberg Audio Studios, podcasts, radio news. 2 00:00:08,560 --> 00:00:12,440 Speaker 2: The Stock Mover's 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 00:00:16,800 --> 00:00:18,759 Speaker 1: Let's take a look at some stocks on the move today. 5 00:00:18,760 --> 00:00:22,160 Speaker 1: I'm Nathan Hager, joined by Bloomberg's Critigupta, on what has 6 00:00:22,239 --> 00:00:24,760 Speaker 1: been a busy morning for earnings. I guess we can 7 00:00:24,760 --> 00:00:27,360 Speaker 1: call it a mixed morning now after some of the 8 00:00:27,440 --> 00:00:29,319 Speaker 1: latest results. But where do you want to start cretit? 9 00:00:29,360 --> 00:00:32,800 Speaker 3: Good morning, Good morning, Nathan. We got to start with Palenteer. 10 00:00:32,840 --> 00:00:35,720 Speaker 3: I mean, this is the name I think of the morning, 11 00:00:35,720 --> 00:00:37,800 Speaker 3: the name of the last twenty four hours. You're seeing 12 00:00:37,800 --> 00:00:39,519 Speaker 3: it show up in these markets in a pretty big way. 13 00:00:39,560 --> 00:00:42,839 Speaker 3: Pltr is your ticker, trading at about one hundred and 14 00:00:42,880 --> 00:00:46,080 Speaker 3: seventy dollars a share, hire by six percent in the 15 00:00:46,120 --> 00:00:49,279 Speaker 3: pre market. Also your highest volume mover this morning. Now, 16 00:00:49,320 --> 00:00:50,960 Speaker 3: the reason I'm going on and on about it is 17 00:00:50,960 --> 00:00:53,479 Speaker 3: because these numbers are pretty huge when you look at 18 00:00:53,520 --> 00:00:56,120 Speaker 3: kind of what's on the inside. So Plenteer reporting sales 19 00:00:56,480 --> 00:00:59,320 Speaker 3: of up to forty eight percent, that is a massive 20 00:00:59,440 --> 00:01:03,920 Speaker 3: jump for it is ultimately a data collection and intelligence company. 21 00:01:04,280 --> 00:01:06,840 Speaker 3: It's also extra important because Pollenteer has been one of 22 00:01:06,880 --> 00:01:09,800 Speaker 3: those stocks that has kind of been floating on the 23 00:01:10,000 --> 00:01:12,600 Speaker 3: AI trade a little bit, but also the Washington trade. 24 00:01:12,600 --> 00:01:16,000 Speaker 3: They've gotten a lot of defense contracts from the Department 25 00:01:16,040 --> 00:01:18,120 Speaker 3: of Defense, so a lot of that government spend that 26 00:01:18,160 --> 00:01:21,679 Speaker 3: has traditionally been allocated to a Boeing, a Lockheed Martin, 27 00:01:21,760 --> 00:01:25,120 Speaker 3: a raytheon, et cetera. Palenteer is now officially part of 28 00:01:25,160 --> 00:01:28,240 Speaker 3: that club because how much of basically spend they're getting 29 00:01:28,280 --> 00:01:31,080 Speaker 3: from the government. They've also been pretty big about kind 30 00:01:31,120 --> 00:01:34,000 Speaker 3: of involving and integrating AI into their business as well, 31 00:01:34,040 --> 00:01:36,840 Speaker 3: and that has garnered some questions about whether or not 32 00:01:36,880 --> 00:01:39,280 Speaker 3: their sales, their revenue can kind of live up to 33 00:01:39,319 --> 00:01:43,040 Speaker 3: the hype, and yesterday's report suggests that it absolutely can. 34 00:01:43,280 --> 00:01:45,760 Speaker 3: Wall Street basically saying that they've proven that they have 35 00:01:45,840 --> 00:01:49,639 Speaker 3: the numbers that shows up for that kind of AI 36 00:01:49,880 --> 00:01:53,360 Speaker 3: bid or the AI premium in this market. That being said, 37 00:01:53,400 --> 00:01:55,640 Speaker 3: some of the concern is that some of the visibilities 38 00:01:55,680 --> 00:01:58,000 Speaker 3: only for twenty twenty five and into twenty twenty six, 39 00:01:58,080 --> 00:02:00,000 Speaker 3: and you don't have that much longevity. But it is 40 00:02:00,160 --> 00:02:03,200 Speaker 3: enough to move the stock higher by about six percent 41 00:02:03,280 --> 00:02:06,360 Speaker 3: this morning, So some pretty big moves there for what 42 00:02:06,480 --> 00:02:08,680 Speaker 3: is now, I think it's fair to say a pretty 43 00:02:08,680 --> 00:02:12,600 Speaker 3: decent tech giant this morning, Let's talk about another major 44 00:02:12,639 --> 00:02:15,679 Speaker 3: stock that's moving markets, that is seisor pfe. M start 45 00:02:15,680 --> 00:02:19,640 Speaker 3: with the positives, because feeling positive today advisor shares. I 46 00:02:19,680 --> 00:02:23,200 Speaker 3: know it's a rarity. PFE is your ticker this morning, 47 00:02:23,320 --> 00:02:26,120 Speaker 3: trading higher by just shy of four percent. Twenty four 48 00:02:26,160 --> 00:02:29,600 Speaker 3: dollars and change. Is where we're at. Another revenue beat there. 49 00:02:29,639 --> 00:02:32,160 Speaker 3: We know Pfizer post COVID has really been trying to 50 00:02:32,200 --> 00:02:35,240 Speaker 3: diversify some of their income. We also know that with 51 00:02:35,800 --> 00:02:38,400 Speaker 3: some of the pressure on pharmaceuticals and drug makers around 52 00:02:38,400 --> 00:02:41,800 Speaker 3: the world, Pfizer is also kind of exposed to some 53 00:02:41,840 --> 00:02:44,560 Speaker 3: of that concern from Washington when it comes up at 54 00:02:44,560 --> 00:02:48,200 Speaker 3: this moment, they are reiterating confidence, They're boosting their twenty 55 00:02:48,240 --> 00:02:50,919 Speaker 3: twenty five profit estimate. They're just an EPs is coming 56 00:02:50,919 --> 00:02:53,840 Speaker 3: in stronger, their EPs guidance is coming in stronger, and 57 00:02:53,880 --> 00:02:56,280 Speaker 3: their second quarter revenue beat. So all in all, some 58 00:02:56,360 --> 00:03:01,480 Speaker 3: good numbers for Pfizer. pFET is your ticker, highed by 59 00:03:01,480 --> 00:03:04,120 Speaker 3: about three and a half percent. We got to go 60 00:03:04,200 --> 00:03:07,120 Speaker 3: on the negatives, so I tried to resist. Here we are. 61 00:03:07,840 --> 00:03:11,919 Speaker 3: Caterpillar is one of your biggest downside movers this morning 62 00:03:11,919 --> 00:03:15,120 Speaker 3: in the pre market. C AT is your ticker down 63 00:03:15,160 --> 00:03:18,320 Speaker 3: about four percent, trading at about four hundred and sixteen 64 00:03:18,480 --> 00:03:20,840 Speaker 3: dollars a share. Remember this is the major kind of 65 00:03:20,880 --> 00:03:23,919 Speaker 3: global economy bell Weather. They make construction equipment. If the 66 00:03:23,960 --> 00:03:26,280 Speaker 3: economy is doing well, the theory goes that people are 67 00:03:26,320 --> 00:03:29,000 Speaker 3: building houses and buildings, and therefore you need the equipment 68 00:03:29,000 --> 00:03:31,360 Speaker 3: for it, and that's where Caterpillar comes in. Now. Caterpillar 69 00:03:31,400 --> 00:03:33,640 Speaker 3: also has a lot of China exposure as well, so 70 00:03:33,680 --> 00:03:34,760 Speaker 3: this is one of those stocks that you want to 71 00:03:34,800 --> 00:03:36,720 Speaker 3: keep an eye on for that kind of read through. 72 00:03:36,760 --> 00:03:41,320 Speaker 3: They reported their second quarter profits though that missed analyst expectations. 73 00:03:41,760 --> 00:03:45,800 Speaker 3: Slightly lower prices for some of their bulldozers and diggers 74 00:03:45,800 --> 00:03:48,320 Speaker 3: that they are iconically selling as well, and this is 75 00:03:48,360 --> 00:03:51,000 Speaker 3: something that they had kind of brought down to basically 76 00:03:51,360 --> 00:03:53,560 Speaker 3: decrease their price but increase the volume to kind of 77 00:03:53,560 --> 00:03:55,400 Speaker 3: make their balance sheet work, and it looks like it 78 00:03:55,400 --> 00:03:57,840 Speaker 3: hasn't really shown up in a positive way when it 79 00:03:57,880 --> 00:04:00,640 Speaker 3: comes to their earnings. It looks like Caterpillar actively talking 80 00:04:00,640 --> 00:04:05,480 Speaker 3: about lower margins and quote unfavorable price realization from a 81 00:04:05,560 --> 00:04:08,080 Speaker 3: year earlier. I think that's code for they're having a 82 00:04:08,080 --> 00:04:12,040 Speaker 3: tough time over at Caterpillar. So Cat Nathan is your 83 00:04:12,040 --> 00:04:13,480 Speaker 3: ticker there, down about four percent. 84 00:04:14,960 --> 00:04:19,000 Speaker 2: The Stock Movers report from Bloomberg Radio. Check back with 85 00:04:19,080 --> 00:04:21,640 Speaker 2: us throughout the day for the latest roundup of companies 86 00:04:21,720 --> 00:04:24,840 Speaker 2: making news on Wall Street and for the latest market 87 00:04:24,839 --> 00:04:29,320 Speaker 2: moving headlines. 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