Speaker 1: Bloomberg Audio Studios podcasts, radio news.
Speaker 2: The Stock Movers podcast, your roundup of companies making moves
Speaker 2: in the stock market, harnessing the power of Bloomberg Data.
Speaker 3: Let's take a look some stocks on the move today.
Speaker 3: Tridy Styles Pristina Kino, she's the managing editor of Bloomberg
Speaker 3: Markets Live blog and what do you look? What were
Speaker 3: you looking at today? What were the movers that go well?
Speaker 1: Well, David, we had some big moves post market for
Speaker 1: Oracle because we did just get them reporting after the
Speaker 1: malso Oracle ticker o RCL. Biginins in the post market,
Speaker 1: up seven percent, run seven percent, and a big beat
Speaker 1: on that. Four quarter adjusted revenue that came in at
Speaker 1: fifteen point nine billion in the estimate was fifteen point
Speaker 1: six billion, but that's actually an eleven percent increase from
Speaker 1: a year earlier. Cloud services and license support revenue also
Speaker 1: a standout, gained their eleven point seven billion, which is
Speaker 1: a fourteen percent increase from year and year, and the
Speaker 1: forward heightens from the company also looking very optimistic. They're
Speaker 1: seeing fiscal year twenty twenty six for total cloud growth
Speaker 1: over forty percent. In terms of that growth rate, so
Speaker 1: oracill CEO Saffracats, saying that twenty twenty six will be
Speaker 1: an even better year for them.
Speaker 3: Struck by the optimism of this report. I mean, there's
Speaker 3: been so much uncertainty and negativism here to see a
Speaker 3: report where despite all of the uncertainty surrounding trade and
Speaker 3: the like, this is a company that's optimistic.
Speaker 4: We're seeing a pop year. We're really seeing a pop here.
Speaker 4: We can't shares her up about five point eight percent
Speaker 4: year to date, and it's just really as we're looking
Speaker 4: at the broader tech sector and the performance there, it's
Speaker 4: really interesting to see this forward guide that is positive
Speaker 4: and optimistic for street estimates. But there is a name
Speaker 4: in the red that you're looking at, and that's the
Speaker 4: FEDS sector. I know, you know we have to talk
Speaker 4: about the names in the red two and the decliners.
Speaker 3: Yes, exactly.
Speaker 1: So that's lockeed Martin take her LMT and in the
Speaker 1: regular training session, that's one of the biggest decliners on
Speaker 1: the index. Today, shares down more than four percent, and
Speaker 1: that is because of the developments regarding the Air Force
Speaker 1: and its orders for the signature F thirty fives that
Speaker 1: Lockheed is known for. The Air Force cutting its ordered
Speaker 1: down by half. It's now just ordering twenty four planes
Speaker 1: instead of the forty eight that was forecast last year.
Speaker 1: The Air Force Corse is the biggest customer for Lockheed.
Speaker 1: And you know, those cuts really reflecting the efforts by
Speaker 1: Defense Secretary Pete Hegseth to reduce projected military spending by
Speaker 1: eight percent over the next five years.
Speaker 3: Yeah, he was up on Capitol Hill today talking a
Speaker 3: lot about the cuts that he's identified that doughe is
Speaker 3: identified in the Pentagon budget. We're still talking about a
Speaker 3: fraction of this massive, almost trillion dollar budget. But what
Speaker 3: we're seeing with Lockheed today certainly highlighting the fact that
Speaker 3: this is an administration and a Pentagon that is willing
Speaker 3: to take a second look at some programs that have
Speaker 3: been the beneficiary of a lot of government investment and
Speaker 3: spending for for a long time. Let's go back to
Speaker 3: the green, another company that did well.
Speaker 2: Exactly, We'll get out of the red into the green exactly.
Speaker 1: Yeah, I figured i'd give you the sandwich method today.
Speaker 1: So let's finish off with a stock in the green
Speaker 1: and regular trading. That is Starbus Sticker SPUX. So that
Speaker 1: was up more than four percent in regular trading, and
Speaker 1: that was after The Financial Times published an interview with
Speaker 1: CEO Brian Nicol, who was saying that a Starbucks is
Speaker 1: looking at a possible sale of a steak in its
Speaker 1: China business and that has drawn quote a lot of interest.
Speaker 1: So apparently Starbucks is searching for a partner and interested
Speaker 1: in expanding to chain in China. So they currently have
Speaker 1: around eight thousand stores. They're looking at an expansion to
Speaker 1: twenty thousand stores, so more than double. But he did
Speaker 1: also say that they're in a rush for a deal
Speaker 1: and they want to maintain a quote meaningful steak in
Speaker 1: the operation.
Speaker 4: And while stock is on about four and a half
Speaker 4: percent so far this year, CEO Brian Nichol has really
Speaker 4: been trying to do a turnaround story here for Starbucks
Speaker 4: to trying to increase foot traffic. And I was browsing
Speaker 4: today and I saw that apparently they're launching a protein drink.
Speaker 1: That's right, Yeah, so Stig's protein drink catering to the
Speaker 1: gym bunnies out there, right, yeah, yeah, because you need
Speaker 1: your protein and your caffeine. Get it all the starbus.
Speaker 4: Would you guys try it?
Speaker 3: I would maybe try it once. I'd be sold on more.
Speaker 3: I would be like seeking it out. But this is
Speaker 3: a company that, like Howard Schultz, continues to loom large.
Speaker 3: Brian Nichols, again, you've said trying to do this turnaround.
Speaker 3: How difficult does that likely to be for this company?
Speaker 1: I mean, it really is very much dependent on consumer
Speaker 1: attitudes and sentiment, right, I mean, especially in the US
Speaker 1: that's a little bit more unpredictable. But you can see
Speaker 1: that the company is really trying to leverage and its
Speaker 1: presence outside of the US. China has been a real
Speaker 1: focal point for them. They're also, you know, doing a
Speaker 1: lot of other things like increasing their tea based offerings.
Speaker 1: We heard about that and you know over the past week.
Speaker 1: So that's something that they're really trying to do to
Speaker 1: be able to compete more internationally, perhaps as a response
Speaker 1: to maybe a little bit more uncertain a picture Back
Speaker 1: here at home.
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