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 00:00:16,800 --> 00:00:18,400 Speaker 3: Let's take a look at some of the stocks on 5 00:00:18,440 --> 00:00:21,320 Speaker 3: the move today. Am Paul swinging alongside Scarlet bluemore't joined 6 00:00:21,320 --> 00:00:23,599 Speaker 3: by Bloomberg's it needs a oh, but they need to. 7 00:00:23,600 --> 00:00:24,440 Speaker 3: What are you looking at today? 8 00:00:24,600 --> 00:00:28,160 Speaker 1: Let's start with Hewlett percart pretty rough data data tacorious. 9 00:00:28,320 --> 00:00:32,640 Speaker 1: HP stockfell eight percent and more in earlier training. The 10 00:00:32,640 --> 00:00:35,800 Speaker 1: company gave an outlook for profiting cash flow for the 11 00:00:35,880 --> 00:00:40,120 Speaker 1: upcoming year that fell short by a large margin. Earning 12 00:00:40,240 --> 00:00:43,800 Speaker 1: excluding some items will be two doors and twenty cents 13 00:00:43,840 --> 00:00:46,520 Speaker 1: to two doors and forty cents. This is way lower 14 00:00:46,560 --> 00:00:49,000 Speaker 1: than what the street was expecting. And more importantly, the 15 00:00:49,040 --> 00:00:51,479 Speaker 1: cash flow number was between one point five billion and 16 00:00:51,520 --> 00:00:55,840 Speaker 1: two billion projection and that was the result in The 17 00:00:55,880 --> 00:01:00,800 Speaker 1: projection was two point four billion, so massive gap. Huge 18 00:01:00,800 --> 00:01:05,360 Speaker 1: Pacarda is dealing with tighter margin. A part of this 19 00:01:05,400 --> 00:01:09,400 Speaker 1: is the company has been building servers with expensive AI chips. 20 00:01:09,920 --> 00:01:15,000 Speaker 1: HP is betting on networking as a major area of growth. 21 00:01:15,040 --> 00:01:18,120 Speaker 1: The company intends to achieve greater profitability in the future, 22 00:01:18,360 --> 00:01:24,000 Speaker 1: but it has seen a big drop today. The company 23 00:01:24,040 --> 00:01:26,480 Speaker 1: is still up seven percent ere to date, but some 24 00:01:26,640 --> 00:01:31,720 Speaker 1: pressure on this high AI spending we're seeing from the company, all. 25 00:01:31,680 --> 00:01:34,639 Speaker 2: Right, and HPE is the check her there for Heili HACKERD. 26 00:01:34,840 --> 00:01:38,679 Speaker 1: Let's move on to Salesforce, which did not report earnings 27 00:01:38,720 --> 00:01:41,040 Speaker 1: because its earnings report is not due until later on. 28 00:01:41,120 --> 00:01:42,839 Speaker 2: But I guess it gave guidance. 29 00:01:42,520 --> 00:01:45,319 Speaker 1: Yeah, guidance, and we're seeing quite the reaction there. The 30 00:01:45,319 --> 00:01:48,320 Speaker 1: stock is up nearly seven percent. The company forecast that 31 00:01:48,400 --> 00:01:52,760 Speaker 1: revenue growth will accelerate to double digit. Sale Force expect 32 00:01:52,800 --> 00:01:56,800 Speaker 1: sixty billion in annual revenue. This of course exclusive some numbers, 33 00:01:56,960 --> 00:02:00,440 Speaker 1: but this is by January twenty thirty. Sales us Force 34 00:02:00,480 --> 00:02:04,000 Speaker 1: has had a really tough ear It was down about 35 00:02:04,040 --> 00:02:08,040 Speaker 1: twenty nine percent coming into this. Salesforce, of course, is 36 00:02:08,080 --> 00:02:11,600 Speaker 1: a leadering customer management software, but it seems like the 37 00:02:11,639 --> 00:02:14,919 Speaker 1: street has been cooling on that part of the industry. 38 00:02:16,000 --> 00:02:19,240 Speaker 1: Salesforce has been going through a period of slower revenue growth. 39 00:02:19,520 --> 00:02:22,079 Speaker 1: It's been going into those single digits, and now there 40 00:02:22,160 --> 00:02:25,600 Speaker 1: is potentially some growth there and investors are pretty excited. Still, 41 00:02:25,639 --> 00:02:28,160 Speaker 1: there is a concern that customers are spending more money 42 00:02:28,160 --> 00:02:32,440 Speaker 1: on artificial intelligence toos from startups rather than those big 43 00:02:32,639 --> 00:02:35,760 Speaker 1: traditional vendors like Salesforce. Theys, of course have a major 44 00:02:35,800 --> 00:02:38,880 Speaker 1: growth bed like agent Force. So some optimism there, but 45 00:02:38,960 --> 00:02:41,920 Speaker 1: still here today down more than twenty percent, So even 46 00:02:42,080 --> 00:02:46,239 Speaker 1: today's optimism is not enough to get it anywhere close 47 00:02:46,280 --> 00:02:46,720 Speaker 1: to gains. 48 00:02:46,800 --> 00:02:47,120 Speaker 2: All right. 49 00:02:47,160 --> 00:02:49,120 Speaker 3: The next one you've got here is one of the 50 00:02:49,160 --> 00:02:52,000 Speaker 3: first stocks I traded as a professional trader back in 51 00:02:52,040 --> 00:02:57,519 Speaker 3: the eighties. JBHT JP Hunt Trucking Company stocks ripping today. 52 00:02:57,720 --> 00:02:59,480 Speaker 1: It's not going back to the eighties, but it's the 53 00:02:59,520 --> 00:03:03,920 Speaker 1: best introdaate jumps since nineteen ninety eight. It's up eighteen percent. 54 00:03:04,040 --> 00:03:09,160 Speaker 1: The ticker is JVHT. The Transportational Logistic Company reported third 55 00:03:09,440 --> 00:03:12,880 Speaker 1: or third quarter earnings and it's beating the average channel 56 00:03:12,880 --> 00:03:18,000 Speaker 1: listimate by a large margin, so that the the analysts 57 00:03:18,040 --> 00:03:20,959 Speaker 1: we're expecting one door forty six cent and what we 58 00:03:21,080 --> 00:03:24,560 Speaker 1: got is one door seventy six cent. And the optimism 59 00:03:24,600 --> 00:03:27,840 Speaker 1: about Logistic is way beyond just the company. We're seeing 60 00:03:28,680 --> 00:03:32,720 Speaker 1: night Swift, Old Dominion, Saia, so many companies jumping off 61 00:03:32,720 --> 00:03:36,080 Speaker 1: the news, and Soviets has been the best day nearly 62 00:03:36,280 --> 00:03:39,400 Speaker 1: thirty years. Stock is still down here today despite the 63 00:03:39,480 --> 00:03:43,320 Speaker 1: massive jump. The results are positive sign for the industry. 64 00:03:44,200 --> 00:03:46,560 Speaker 1: It's obviously there have been quite a few years of 65 00:03:46,640 --> 00:03:50,280 Speaker 1: week shipping demand, access tracking capacity, so we're perhaps seeing 66 00:03:50,280 --> 00:03:53,720 Speaker 1: some of those issues being mitigated. And yeah, a lot 67 00:03:53,760 --> 00:03:56,360 Speaker 1: of optimism from didancing. We saw so many upgrades today, 68 00:03:56,520 --> 00:03:57,560 Speaker 1: Truists and many. 69 00:03:57,400 --> 00:04:03,000 Speaker 2: Others the Stock Mover Report from Bloomberg Radio. Check back 70 00:04:03,000 --> 00:04:05,240 Speaker 2: with us throughout the day for the latest roundup of 71 00:04:05,280 --> 00:04:08,600 Speaker 2: companies making news on Wall Street and for the latest 72 00:04:08,600 --> 00:04:12,840 Speaker 2: market moving headlines. Listen to Bloomberg Radio Live, catch us 73 00:04:12,840 --> 00:04:16,599 Speaker 2: on YouTube, Bloomberg dot com, and on Applecarplay and Android 74 00:04:16,600 --> 00:04:18,599 Speaker 2: Auto with the Bloomberg Business app.