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

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Speaker 2: Stock Movers podcast, your roundup of companies making moves in

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

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Speaker 3: Lisa Matteo Paul Sweeney were live here in our Bloomberg

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Speaker 3: in Directive program studio streaming.

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Speaker 1: Live on YouTube.

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Speaker 3: It's Jonas's reporting. Got green on this screen here, let's

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Speaker 3: take a look at some individual stocks here on Paul

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Speaker 3: Sweny with Lisa Matteil. We're joined by Bloomberg's Christina. You know, Christine,

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Speaker 3: what are you looking at today?

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Speaker 1: Well, Paul, let's take a look at Microsoft, you know,

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Speaker 1: ticker MSFT. We're not actually seeing big moves as morning

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Speaker 1: shares are three tens of one percent, reversing some of

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Speaker 1: those earlier losses. But we did get big news about

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Speaker 1: the company because we did see Microsoft warning that hackers

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Speaker 1: are actively targeting customers of its document and management software

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Speaker 1: called SharePoint, and security researchers are flagging the risk of

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Speaker 1: widespread breaches around the world. So apparently the US cybers

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Speaker 1: Security and Infrastructure Security Agency. That's a mouthful, isn't it,

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Speaker 1: warning on Sunday that the vulnerabilities in the software have

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Speaker 1: allowed hackers to access file systems and execute code. Microsoft

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Speaker 1: said over the weekend that it had released a new

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Speaker 1: patch for customers to apply to their sharepoints servers, but

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Speaker 1: they are still working out to roll out others to

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Speaker 1: address ongoing security flaws.

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Speaker 3: So what does that mean for the rest of us?

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Speaker 3: The little passwords and maybe a fingerprint here there.

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Speaker 1: I know, and there's so many different passwords trying to

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Speaker 1: remember all the same time.

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Speaker 3: I mean again, I think cybersecurity is the growth business

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Speaker 3: for the next fifty years. I mean I just every

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Speaker 3: day it seems like that risk is out there or

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Speaker 3: what else you got for us?

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Speaker 1: Looking at Equinics today as well, pullticker EQIX. That stock

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Speaker 1: doing well today of two percent, so just bearing some

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Speaker 1: of those opening gains that we saw, but still going strong.

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Speaker 1: It's a data center operator and they're going to a

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Speaker 1: boost because Elliott Investment Management apparently built up its stake

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Speaker 1: in a company that is according to people with knowledge

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Speaker 1: of the matter, and Elliott is now one of the

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Speaker 1: company's top ten investors. It owns about zero point two

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Speaker 1: percent of the company and is pushing it to take

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Speaker 1: steps to boost its share price. So remember Equinics market

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Speaker 1: value around seventy six billion dollars. It has fallen more

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Speaker 1: than sixteen percent this year. Last month it's suffered Its

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Speaker 1: worst one day drops is March twenty twenty because the

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Speaker 1: company revealed higher than expected capital expenditure at an analyst day.

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Speaker 1: So Kapix, that's really a big sticking point for a

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Speaker 1: lot of these AI related sock right, and so if

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Speaker 1: Elliott is getting involved in pushing the company to really

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Speaker 1: improve its books, then you would expect them to focus.

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Speaker 3: This is a rate that focuses on data center stuff.

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Speaker 3: So generally speaking, it's a part of the business that

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Speaker 3: people like, you know, all the tech stuff and definitely

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Speaker 3: HotBits and all that kind of stuff. Interesting ultimation.

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Speaker 1: I was like Equinox the gym.

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Speaker 3: No, so I went to different Viico, see which Bloomberg

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Speaker 3: analysts Bloomberg Intelligence channels can Resident's Jeff langbaumar ourrik guy,

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Speaker 3: and you know he likes the business. But obviously there's

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Speaker 3: been some missteps there. So all right, got to go

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Speaker 3: to last one. Yeah, but their shares are lower.

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Speaker 1: They had some pretty good results stuff. Yeah, exactly, so

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Speaker 1: earlier it was, but now shares are down to two percent.

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Speaker 1: I mean, the kicker there is really calm sales growth, right,

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Speaker 1: that's what analysts liked earlier on in the session. Uh

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Speaker 1: that came to three point four percent versus an estimate

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Speaker 1: of just over two percent, bursing analysts saying that they're

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Speaker 1: stronger than expected second quarter results suggests a strategy centered

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Speaker 1: around innovation, which is primarily their stuffed crust and convenience

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Speaker 1: could offset more than a general's consumer softness, but that

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Speaker 1: consumer softness still very much a part of their analysts call.

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Speaker 1: They did say that second quarter results continue to be

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Speaker 1: hurt by a challenging macro backdrop, but that stuff crust

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Speaker 1: really driving market share, catalyst Apparently.

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Speaker 3: I don't know.

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Speaker 1: I'm not a big of a stuff crust.

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Speaker 2: Let's go for me.

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Speaker 3: I don't know.

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Speaker 2: The Stockmovers podcast from Bloomberg Radio. Check back with us

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Speaker 2: throughout the day for the latest roundup of companies making

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Speaker 2: news on Wall Street and for the latest market moving headlines.

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