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 Movers Report, your roundup of companies making moves 3 00:00:12,480 --> 00:00:16,280 Speaker 2: in the stock market, harnessing the power of Bloomberg Data. 4 00:00:16,800 --> 00:00:19,160 Speaker 3: I am Carol Master along with Tim Stenovik, and let's 5 00:00:19,200 --> 00:00:23,000 Speaker 3: get you some stocks on the move on this Wednesday, 6 00:00:23,480 --> 00:00:26,520 Speaker 3: and I got to talk about ISRG. We're talking about 7 00:00:26,600 --> 00:00:28,760 Speaker 3: Intuitive Surgical. 8 00:00:28,400 --> 00:00:30,760 Speaker 1: The maker of the da Vinci surgical robot. 9 00:00:31,320 --> 00:00:36,120 Speaker 4: Yeah, this one, it is not performing in a big way. 10 00:00:36,159 --> 00:00:38,479 Speaker 3: I was just double checking because it is a top performer, 11 00:00:38,920 --> 00:00:40,880 Speaker 3: number one gainer in the S and P five hundred 12 00:00:40,920 --> 00:00:44,400 Speaker 3: and NASDAQ one hundred. That stock as we speak right 13 00:00:44,440 --> 00:00:47,400 Speaker 3: now is up about fourteen percent. It was up as 14 00:00:47,479 --> 00:00:50,040 Speaker 3: much as nineteen percent intra day, but right now with 15 00:00:50,040 --> 00:00:51,560 Speaker 3: a game and more than fourteen percent. 16 00:00:52,040 --> 00:00:54,880 Speaker 4: The company boosted its worldwide da Vinci procedure. 17 00:00:54,480 --> 00:00:56,360 Speaker 3: Growth forecast for the full year. It's all about that, 18 00:00:56,560 --> 00:00:59,480 Speaker 3: so more people using. That's a good thing for the company, 19 00:01:00,120 --> 00:01:03,080 Speaker 3: some big, big outperformance and I feel like it plays 20 00:01:03,080 --> 00:01:05,480 Speaker 3: into that argument that's out there that we talked so 21 00:01:05,560 --> 00:01:09,040 Speaker 3: much about AI and AI related spend and companies and 22 00:01:09,280 --> 00:01:11,920 Speaker 3: when it comes to earnings and profits. But this is 23 00:01:11,959 --> 00:01:14,240 Speaker 3: broader based in terms of the economy, we're seeing a 24 00:01:14,240 --> 00:01:15,800 Speaker 3: lot of companies really outperformed. 25 00:01:15,880 --> 00:01:18,119 Speaker 1: Yeah, the stock has been under pressure though this year, 26 00:01:18,160 --> 00:01:20,320 Speaker 1: and today's move is actually the biggest move going back 27 00:01:20,360 --> 00:01:23,920 Speaker 1: to April ninth of this year. It's the highest though 28 00:01:24,000 --> 00:01:27,000 Speaker 1: since July seventh of this year. But the stock, even 29 00:01:27,040 --> 00:01:29,440 Speaker 1: with today's gain, still up only one point one percent. 30 00:01:29,480 --> 00:01:31,080 Speaker 4: All right, So that's one to the upside, you get 31 00:01:31,080 --> 00:01:31,760 Speaker 4: one to the downside. 32 00:01:31,840 --> 00:01:33,920 Speaker 1: Yeah, sure's a Netflix taken a hit, down about nine 33 00:01:33,959 --> 00:01:37,720 Speaker 1: point nine percent right now. This after the company said 34 00:01:37,880 --> 00:01:41,399 Speaker 1: yesterday that there was a tax dispute with Brazil that 35 00:01:41,480 --> 00:01:45,760 Speaker 1: cut into third quarter earnings and raised growth concerns among investors. 36 00:01:45,800 --> 00:01:48,880 Speaker 1: Operating income came about four hundred million dollars below the 37 00:01:48,880 --> 00:01:51,840 Speaker 1: company's forecast and analyst estimates. Revenue failed to beat Wall 38 00:01:51,840 --> 00:01:54,800 Speaker 1: Street estimates too. The company does expect to earn five 39 00:01:54,840 --> 00:01:56,520 Speaker 1: dollars and forty five cents a share on sales of 40 00:01:56,520 --> 00:01:59,000 Speaker 1: twelve billion for the fourth quarter, which is largely in 41 00:01:59,040 --> 00:02:01,360 Speaker 1: line with Wall Street rejections. And then last night on 42 00:02:01,360 --> 00:02:04,680 Speaker 1: the earnings call, Ted Sarandos, the co CEO of Netflix. 43 00:02:06,240 --> 00:02:07,760 Speaker 1: I don't know is it fair to say he ruled 44 00:02:07,800 --> 00:02:11,840 Speaker 1: out purchasing Warner Brothers Discovery. He sounded like he did. 45 00:02:11,919 --> 00:02:15,000 Speaker 4: He did, But there's always a butt. There's always a butt. 46 00:02:15,080 --> 00:02:16,920 Speaker 1: Yeah, I mean maybe he'll maybe he'll go for the 47 00:02:16,960 --> 00:02:18,040 Speaker 1: studio portion of it. 48 00:02:18,120 --> 00:02:20,000 Speaker 4: We shall see, we shall see. Like I feels like 49 00:02:20,000 --> 00:02:21,480 Speaker 4: there's a lot of movement. One more name. 50 00:02:21,680 --> 00:02:25,560 Speaker 1: Bring ticker n FLX and FLX down nine point eight percent. 51 00:02:25,639 --> 00:02:26,399 Speaker 4: Yeah, it's a big one. 52 00:02:26,639 --> 00:02:28,840 Speaker 3: One more ticker for you, b y n D beyond 53 00:02:28,880 --> 00:02:31,519 Speaker 3: meet this one man. If you've been watching it the 54 00:02:31,600 --> 00:02:34,920 Speaker 3: last few days, just on fire, it was up more 55 00:02:34,960 --> 00:02:37,000 Speaker 3: than one hundred and twelve percent at one point during 56 00:02:37,000 --> 00:02:37,760 Speaker 3: today's session. 57 00:02:37,840 --> 00:02:40,840 Speaker 5: Right now there is just about a gain of about 58 00:02:40,880 --> 00:02:44,280 Speaker 5: seven tenths of a percent, So it's bounced way lower. 59 00:02:44,320 --> 00:02:47,079 Speaker 5: And that's after one hundred and forty six percent moved 60 00:02:47,080 --> 00:02:50,000 Speaker 5: to the upside on Tuesday, and a gain of about 61 00:02:50,000 --> 00:02:54,200 Speaker 5: one hundred and twenty seven percent on Monday, and then twenty. 62 00:02:53,880 --> 00:02:55,920 Speaker 3: Four percent higher on the Friday before. So it's been 63 00:02:55,919 --> 00:02:57,600 Speaker 3: on a tear up more than one thousand percent. But 64 00:02:58,000 --> 00:03:00,400 Speaker 3: the bouncing around, I mean, it just hearkens back to 65 00:03:00,480 --> 00:03:02,959 Speaker 3: those meme stocks that we've talked about. 66 00:03:03,120 --> 00:03:04,680 Speaker 4: But we should point out that after the. 67 00:03:04,639 --> 00:03:07,480 Speaker 3: Bell On Tuesday, the company said will increase availability of 68 00:03:07,520 --> 00:03:10,040 Speaker 3: some of its plant protein products at over two thousand 69 00:03:10,480 --> 00:03:14,440 Speaker 3: Walmart stores. So the other thing is the rally we've seen. 70 00:03:14,480 --> 00:03:16,680 Speaker 3: Maybe traders are covering some of their bearersh bets. So 71 00:03:16,720 --> 00:03:19,280 Speaker 3: there's been a lot going on, but earlier today it 72 00:03:19,320 --> 00:03:20,839 Speaker 3: had moved up a lot. 73 00:03:21,720 --> 00:03:25,760 Speaker 2: This Stock Movers report from Bloomberg Radio. Check back with 74 00:03:25,840 --> 00:03:28,399 Speaker 2: us throughout the day for the latest roundup of companies 75 00:03:28,480 --> 00:03:31,560 Speaker 2: making news on Wall Street and for the latest market 76 00:03:31,600 --> 00:03:36,080 Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 77 00:03:36,160 --> 00:03:39,640 Speaker 2: Bloomberg dot com, and on Applecarplay and Android Auto with 78 00:03:39,720 --> 00:03:41,200 Speaker 2: the Bloomberg Business app.