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

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Speaker 2: Stock Movers Report, 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: Let's take a look at some stocks on the move today.

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Speaker 1: I'm Nathan Hager, joined by Bloomberg's Valerie Titel in another

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Speaker 1: morning for big bank earnings and a big move this

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Speaker 1: morning for Bank of America. Good morning, Valerie.

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Speaker 3: Okay, good morning Nathan.

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Speaker 4: Yes, Bank of America shares up just shy of four

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Speaker 4: percent after their earnings release.

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Speaker 3: It was really rosy across the board.

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Speaker 4: But remember yesterday we had some pretty impressive beats and

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Speaker 4: some share prices didn't do so well.

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Speaker 3: So let's keep a.

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Speaker 4: Track of Bank of America out of the gates pretty strong,

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Speaker 4: up four percent. They had a beat on net interest

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Speaker 4: income came in at fifteen point two five billion versus

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Speaker 4: estimates around fifteen billion. They also had some pretty strong

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Speaker 4: beats when it came to trading revenue.

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Speaker 3: They headline number.

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Speaker 4: Was at five spot three five billion, The estimates were

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Speaker 4: for five big so beat there. Deal making revenue also strong.

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Speaker 4: The CEO Brian moynihan, noting that every line of business

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Speaker 4: reported top and bottom line improvements. They also improved on

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Speaker 4: a key efficiency ratio, which compares revenue versus expenses, that

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Speaker 4: also improved in the quarter, and the provisions for credit

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Speaker 4: losses were less than expected. This has been a key

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Speaker 4: focus of late after the recent bankruptcies of Tricolor and

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Speaker 4: First Brands. Now Bank of America, the share has already

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Speaker 4: gained two and a half percent yesterday on the back

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Speaker 4: of other bank earnings, and they're rising yet again this morning,

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Speaker 4: up four point one percent now as they speak.

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Speaker 1: And we'll see if that continues as we wait Morgan

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Speaker 1: Stanley's results later on this morning. In the meantime, we've

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Speaker 1: got more news than the AI trade as well, Yes

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Speaker 1: we do.

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Speaker 4: We have news that Nvidia has found another buyer for

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Speaker 4: its chips. The share is outperforming the Mac seven this morning,

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Speaker 4: up two and a half percent.

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Speaker 3: It's not that it has a lack.

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Speaker 4: Of buyers for its chips, but this latest one is

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Speaker 4: coming from Nscale, the UK data center startup that signed

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Speaker 4: and expanded agreement with Microsoft, and off the back of

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Speaker 4: that expanded agreement, they want to contract two hundred thousand

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Speaker 4: more of Nvidia's GPUs separately, and video was upgraded by

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Speaker 4: HSBC with a price target of three hundred and twenty

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Speaker 4: dollars a share, implying around an eighty percent increase from

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Speaker 4: the last price. So Nvidia, buoyed by these two news stories,

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Speaker 4: up two and a half percent, and.

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Speaker 1: Apart from the bank earnings, we also got results this

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Speaker 1: morning from a Dollar Tree. How's that stock doing?

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Speaker 4: Dollar Tree, the discount retailer shares are up four and

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Speaker 4: a half percent now. This is despite sales slowing in

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Speaker 4: the third quarter. They arose by three point eight percent,

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Speaker 4: which is a notch down from the previous quarter of

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Speaker 4: six point five percent, But the company did stick with

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Speaker 4: its previous guidance for the quarter and the full year.

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Speaker 3: And gave quite a rosy three year outlook.

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Speaker 4: Now, these discount stores are weighing the positives of higher

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Speaker 4: foot traffic from high income consumers trading down versus the

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Speaker 4: Trump tariffs, especially those on China, which.

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Speaker 3: Dollar Tree is especially exposed to.

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Speaker 4: But it seems like investors do like this outlook in

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Speaker 4: the shares of Dollar Tree at four and a half percent.

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Speaker 1: And just quickly, investors continue to like Papa John's.

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Speaker 4: A lot of speculation around Papa John's shares are up

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Speaker 4: twelve percent, rising yet again on the back of takeover speculation,

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Speaker 4: Reuters matching previous reporting of a bid by Apollo to

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Speaker 4: take the Pizza Macer private at sixty four dollars a share,

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Speaker 4: So we're our trading at fifty four dollars a share.

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Speaker 3: So there's some speculation still that.

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Speaker 4: This deal might not close, but again, speculation has been rife,

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Speaker 4: and the stock has risen seventeen percent in the last

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Speaker 4: two days.

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Speaker 2: The Stock Mover's report from Bloomberg Radio. Check back with

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

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Speaker 2: making news on Wall Street and for the latest market

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Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube,

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Speaker 2: the Bloomberg Business app.