1 00:00:02,520 --> 00:00:08,640 Speaker 1: Bloomberg Audio Studios, podcasts, radio News, The. 2 00:00:08,720 --> 00:00:12,560 Speaker 2: Stock Movers Report, your roundup of companies making moves in 3 00:00:12,600 --> 00:00:15,880 Speaker 2: the stock market, harnessing the power of Bloomberg data. 4 00:00:16,200 --> 00:00:18,040 Speaker 1: Let's take a look at some stocks on the move today. 5 00:00:18,120 --> 00:00:20,680 Speaker 1: I'm Tim Statowek along with Isabelle Lee, and we're joined 6 00:00:20,680 --> 00:00:23,400 Speaker 1: by Bloomberg News Earnings reporter red At Brown. 7 00:00:24,079 --> 00:00:24,279 Speaker 2: Read. 8 00:00:24,320 --> 00:00:25,920 Speaker 1: We got to start within video. 9 00:00:26,239 --> 00:00:30,840 Speaker 3: We do, don't we stock on everybody's minds right now. 10 00:00:31,040 --> 00:00:33,559 Speaker 3: The ticker, if you don't know, is NVDA. As you 11 00:00:33,560 --> 00:00:35,279 Speaker 3: were just saying, Tim, this stock is down around three 12 00:00:35,280 --> 00:00:38,800 Speaker 3: percent at the moment in postmarket. Last time I checked, 13 00:00:38,840 --> 00:00:40,159 Speaker 3: it was on the fourth worst in the S and 14 00:00:40,159 --> 00:00:43,880 Speaker 3: P five hundred at this time. The results just were lackluster, 15 00:00:43,960 --> 00:00:45,440 Speaker 3: and that's kind of I think why we're seeing the 16 00:00:45,440 --> 00:00:48,479 Speaker 3: reaction we're getting at the moment. You know, shares are 17 00:00:48,520 --> 00:00:51,280 Speaker 3: still up thirty five percent this year's that's triple the 18 00:00:51,320 --> 00:00:53,800 Speaker 3: market overall, so you know, I guess take it with 19 00:00:53,800 --> 00:00:57,240 Speaker 3: a grain of salt. It is one quarter, but yeah, lackluster. 20 00:00:56,800 --> 00:00:59,560 Speaker 1: And also close to one hundred percent since those lows 21 00:00:59,720 --> 00:01:02,000 Speaker 1: of April, which is pretty shocking. 22 00:01:02,200 --> 00:01:04,040 Speaker 3: Yeah, I mean, so the stock is still having an 23 00:01:04,080 --> 00:01:07,720 Speaker 3: incredible year, you know, to three percent move this at 24 00:01:07,720 --> 00:01:10,040 Speaker 3: the moment though maybe more of a of an economic 25 00:01:10,400 --> 00:01:12,800 Speaker 3: indicator at this point, So we will want to see 26 00:01:12,840 --> 00:01:14,520 Speaker 3: kind of what the commentary is around a lot of 27 00:01:14,520 --> 00:01:17,720 Speaker 3: the hot topics of China, of Blackwell chips as well, 28 00:01:17,720 --> 00:01:19,840 Speaker 3: those ramped up. The revenue for that ramped up seventeen 29 00:01:19,880 --> 00:01:22,800 Speaker 3: percent sequentially, so that maybe is a kind of silver 30 00:01:22,840 --> 00:01:24,839 Speaker 3: lining at the moment that that new tech is gaining 31 00:01:24,880 --> 00:01:26,920 Speaker 3: some ground. And then also, yeah, I get to hear 32 00:01:26,920 --> 00:01:29,480 Speaker 3: some more thoughts about the sixty billion dollar buyback. I 33 00:01:29,480 --> 00:01:32,280 Speaker 3: guess there's a couple of different ways to interpret that. Obviously, 34 00:01:32,480 --> 00:01:35,160 Speaker 3: the markets maybe not taking it so positively at the moment, but. 35 00:01:35,120 --> 00:01:37,000 Speaker 1: Well shares were down as much as eight percent before 36 00:01:37,040 --> 00:01:41,160 Speaker 1: that headline cross, so maybe positive so little yeah, little positive. 37 00:01:41,200 --> 00:01:44,240 Speaker 1: I mean yeah, as Kunjoon Jibani told us on our 38 00:01:44,319 --> 00:01:49,120 Speaker 1: program today ahead of the call, it's he likes to 39 00:01:49,160 --> 00:01:52,960 Speaker 1: see that as a use of money rather than dividends. 40 00:01:53,200 --> 00:01:55,240 Speaker 3: So yeah, we'll see, yeah, I mean it's I guess 41 00:01:55,240 --> 00:01:57,240 Speaker 3: you could kind of make an argument both ways. There's 42 00:01:57,760 --> 00:01:59,280 Speaker 3: I think maybe the concern of like, well, they have 43 00:01:59,280 --> 00:02:00,960 Speaker 3: all this extra money and they have no good ways 44 00:02:01,320 --> 00:02:04,480 Speaker 3: nowhere to put it besides in the stock. But yeah, 45 00:02:04,520 --> 00:02:07,160 Speaker 3: like you said, you know, maybe a positive so far. 46 00:02:07,520 --> 00:02:09,960 Speaker 1: Yeah, it's really tough because the stock is priced to perfection. 47 00:02:10,160 --> 00:02:11,600 Speaker 1: What about Smucker, what's happening there? 48 00:02:11,680 --> 00:02:14,359 Speaker 3: Yeah, No, we're a little bit of a different topic 49 00:02:14,440 --> 00:02:19,720 Speaker 3: here is No, I don't think so. Yes, Smucker. The 50 00:02:19,800 --> 00:02:23,320 Speaker 3: tickerre is SJM. They're actually the second worst performing stock 51 00:02:23,400 --> 00:02:25,639 Speaker 3: in the S and P five hundred. Today, shares fell 52 00:02:25,639 --> 00:02:28,919 Speaker 3: as much as nine percent, finished around down around four percent. 53 00:02:29,240 --> 00:02:31,760 Speaker 3: It's one of its worst days since June. So I 54 00:02:31,760 --> 00:02:34,560 Speaker 3: thought the story was really interesting just because of they 55 00:02:34,560 --> 00:02:36,760 Speaker 3: called out the weakness and coffee sales just comes off 56 00:02:36,800 --> 00:02:40,480 Speaker 3: the heels of Currie doctor Pepper announcing that eighteen billion 57 00:02:40,520 --> 00:02:44,240 Speaker 3: dollar deal to buy Dutch Coffee Company, And I think 58 00:02:44,240 --> 00:02:46,840 Speaker 3: it just kind of speaks to some of the struggles 59 00:02:46,840 --> 00:02:49,680 Speaker 3: that the coffee industry is having. They're, you know, dealing 60 00:02:49,720 --> 00:02:53,120 Speaker 3: with real secular issues before the trade war, they were 61 00:02:53,120 --> 00:02:55,160 Speaker 3: already dealing with some environmental issues that were kind of 62 00:02:55,200 --> 00:02:58,760 Speaker 3: impacting coffee crops, and then you have obviously the trade 63 00:02:58,760 --> 00:03:01,120 Speaker 3: war on top of that. Just this week, President Trump 64 00:03:01,120 --> 00:03:03,960 Speaker 3: announced a fifty percent tariff on Brazil, So things like 65 00:03:04,000 --> 00:03:06,000 Speaker 3: that weighing on smuckers at the moment. 66 00:03:06,120 --> 00:03:10,240 Speaker 1: Okay, from peanut butter and jelly back to technology HPQ. 67 00:03:10,520 --> 00:03:14,040 Speaker 3: Sorry, I'm a little over the place this evening. Yes, HPQ, 68 00:03:14,639 --> 00:03:17,200 Speaker 3: they surged actually five percent post market, and then I 69 00:03:17,200 --> 00:03:19,600 Speaker 3: think once in Video's results came out, they're now down 70 00:03:19,680 --> 00:03:21,720 Speaker 3: three percent. So I'm a little bit of a wild 71 00:03:21,800 --> 00:03:26,160 Speaker 3: ride in the last hour or so for hp They 72 00:03:26,160 --> 00:03:28,840 Speaker 3: gave strong, they gave it, you know, an earning's forecast 73 00:03:28,880 --> 00:03:33,440 Speaker 3: in line with expectations. I think the interpretation is that 74 00:03:33,480 --> 00:03:36,000 Speaker 3: there is some kind of demand coming back for computers, 75 00:03:36,520 --> 00:03:39,560 Speaker 3: especially those new computers that can run AI software. The 76 00:03:39,560 --> 00:03:42,040 Speaker 3: company said twenty five percent of its product sales are 77 00:03:42,040 --> 00:03:45,160 Speaker 3: now coming from AI computers. So yeah, we'll want to 78 00:03:45,160 --> 00:03:48,480 Speaker 3: guess see how that kind of develops going forward, because 79 00:03:48,720 --> 00:03:51,080 Speaker 3: that actually came faster than the company was expecting. So 80 00:03:51,520 --> 00:03:53,400 Speaker 3: a little bit of a positive there, but still kind 81 00:03:53,440 --> 00:03:56,120 Speaker 3: of caught up in the tailwind of or the slipstream 82 00:03:56,120 --> 00:03:57,640 Speaker 3: I guess of Nvidia at the moment. 83 00:03:58,640 --> 00:04:02,640 Speaker 2: This stock mover's report from Bloomberg Radio. Check back with 84 00:04:02,720 --> 00:04:05,280 Speaker 2: us throughout the day for the latest roundup of companies 85 00:04:05,360 --> 00:04:08,480 Speaker 2: making news on Wall Street and for the latest market 86 00:04:08,520 --> 00:04:12,960 Speaker 2: moving headlines. Listen to Bloomberg Radio Live. 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