Speaker 1: Bloomberg Audio Studios, podcasts, radio News, The.
Speaker 2: Stock Movers Report, your roundup of companies making moves in
Speaker 2: the stock market harnessing the power of Bloomberg data.
Speaker 3: Let's take a look at some stocks on the move today.
Speaker 3: I'm Tom Keane with bol Sweeney and Bloomberg's Alexis christoffers.
Speaker 4: And here's what's grabbing my attention. Hewlett Packard Enterprise ticker
Speaker 4: symbole HPE up twenty nine percent. It delivered a historic
Speaker 4: fiscal second quarter earnings report, absolutely crushed a Wall Street forecasts.
Speaker 4: But you know what, the stock had already been up
Speaker 4: sixty percent in just the past month.
Speaker 1: Yep for Hewlett pass even I could have made money
Speaker 1: trading this one. And I saw the Dell numbers last week,
Speaker 1: I'm like, yeah, by HP if Dell's kick absolutely right?
Speaker 1: And yeah, sure enough they did.
Speaker 4: It was a high bar after you know, it's rival
Speaker 4: Dell came out with their blowout earnings. But HP giving
Speaker 4: an outlook for annual sales at topped estimates. It is
Speaker 4: citing again where sound like broken records, but citing massive
Speaker 4: growth in AI fuel demand for its servers and networking.
Speaker 4: Is what we're seeing is these traditional server companies equipment
Speaker 4: makers are really beneficiaries of the AI trade. And you
Speaker 4: may not have called that at the beginning of the
Speaker 4: AI two.
Speaker 3: The market cap, I don't think it's sixty two trillion.
Speaker 1: I know it's sixty two billion.
Speaker 3: It's a small cap.
Speaker 2: It is a small kit.
Speaker 3: Like we're just talking to Francis Kannon about it's a small.
Speaker 4: Cap relatively speaking, exactly. All right, Victoria's Secret out with
Speaker 4: this breaking news saying sexy matters. So you know what,
Speaker 4: It changed its ticker symbol to drive home that message.
Speaker 4: So starting today, Victoria's Secret is no longer trading under
Speaker 4: the ticker symbol VSCO. It is now vsx Y, like
Speaker 4: very sexy. It is up thirty six and a half
Speaker 4: percent in the pre market, but shares have surged one
Speaker 4: hundred and sixty percent over the past year. Investors. They
Speaker 4: seem to be embracing CEO Hillary supers efforts to revitalize
Speaker 4: the brand. So they were out with earnings today and
Speaker 4: including you know, in addition to that ticker symbol changing
Speaker 4: earnings and revenue beating estimates, Victoria's Secret also raised its
Speaker 4: sales out look. Super is the company's fourth CEO since
Speaker 4: twenty nineteen, So they've been going through some change. They're
Speaker 4: trying to regain that cultural cache. They're now refocusing on
Speaker 4: their bras they have a pink brand, that's what it's
Speaker 4: called gear toward younger shoppers. And they're returning to their
Speaker 4: roots and bringing back the Victoria's Secret Fashion Show, which
Speaker 4: remember came under a lot of criticism a few years back.
Speaker 1: What they need to do to reopen their store in
Speaker 1: fifty eighth and Les, Oh, I'm still vacant, it is
Speaker 1: that was their flagship.
Speaker 3: Still the pj's perfect for summer nights.
Speaker 4: Oh, there you go. Are you looking at one of
Speaker 4: their ads right now?
Speaker 3: To me?
Speaker 2: Yes, yes, I read the interviews.
Speaker 4: Next, all right, chip maker Marvel Technology up eighteen percent.
Speaker 4: So all of my stocks today, by the way, are
Speaker 4: big winners. Marvel Technology is gaining after Nvidio CEO Jensen
Speaker 4: Wong predicted the semiconductor and networking company will be the
Speaker 4: next business to hit a trillion dollar valuation that would
Speaker 4: be more than five time times its current capitalization. But
Speaker 4: I need to say this, and video has something to
Speaker 4: gain in saying this. Why Because the chip giant took
Speaker 4: a two billion dollar steak in Marvel three months ago,
Speaker 4: right as part of a broader partnership. He made these
Speaker 4: comments on stage at the Computex trade show in Taipei,
Speaker 4: standing there right alongside Marvel's CEO, Matt Murphy, but also
Speaker 4: Marvel's stock has been on a tear up one hundred
Speaker 4: and fifty eight percent this year alone, and if this
Speaker 4: rally holds, by the way, when the market opens, Marvel
Speaker 4: will not its biggest intry day jump since March.
Speaker 1: I popping numbers.
Speaker 3: Lexus doesn't understand this, just reeks of ninety ninety yeahs, yep, yep.
Speaker 4: It's just so are you are you waiving the cautionary flag? Tom,
Speaker 4: because I don't know.
Speaker 3: Well, I'm in triple over's dollar cash, so I'm not playing.
Speaker 3: But the answer is moment to moment, it's it's not exuberance,
Speaker 3: it's breathlessness.
Speaker 1: And the numbers and the numbers in terms of investments,
Speaker 1: in terms of stock rest appreciation, in terms of bond offerings,
Speaker 1: equity offerings, the numbers we've known, just haven't seen them before.
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