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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 1: 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 on what

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Speaker 1: is now a very busy moment for earnings. We got

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Speaker 1: results from Disney just in I think they still own

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Speaker 1: ESPN and they knocked it out of the park this quarter.

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Speaker 1: Good morning, val.

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Speaker 3: Hey, good morning Nathan. Yeah, that's right. Disney shares are

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Speaker 3: up six percent pre market after this earnings release, where

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Speaker 3: they raised their profit outlook for the full year. They

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Speaker 3: also came in with a beat on earnings per share

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Speaker 3: at one forty five versus estimates of one twenty. Saw

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Speaker 3: a modest increase in Disney Plus and Hulu subscribers, but

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Speaker 3: the company expects a full year fiscal twenty twenty five

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Speaker 3: earnings outlook to rise sixteen percent now, driven by faster

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Speaker 3: than expected growth at it's park and in its streaming business.

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Speaker 3: So Disney really flying off the shelves here, up some

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Speaker 3: six percent after.

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Speaker 1: Earnings, and we just got results as well from Uber.

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Speaker 1: Much different story here, a bit.

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Speaker 3: Of a different story. We have Uber shares dropping four

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Speaker 3: and a half percent in the pre market after these

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Speaker 3: earnings releases. Just dropped the tapes a few moments ago,

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Speaker 3: saw first quarter gross bookings missing estimates. We'll be watching

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Speaker 3: later for any updates on their robotics and automated taxis.

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Speaker 3: We might have to wait till the earnings call for

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Speaker 3: a bit of color on that. Investors are also looking

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Speaker 3: for commentary about the Weimo robotaxi business and how that's doing.

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Speaker 3: But Uber shares sinking even further now down five point

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Speaker 3: six percent as I'm speaking on the first quarter gross bookings.

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Speaker 1: Miss Okay. Now, we've got some chip stocks, some tech

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Speaker 1: stocks to watch as well this morning.

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Speaker 2: Yeah, that's right.

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Speaker 3: It's been a negativity when it comes to super Micro

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Speaker 3: falling over five percent on a week sales outlook. This

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Speaker 3: adds to losses from last Weeknason, they had a preliminary

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Speaker 3: results last week, the stock plunged eleven percent, so adding

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Speaker 3: to those losses, they gave a week sales forecast, citing

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Speaker 3: a build up of inventory as customers are delaying purchases

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Speaker 3: as the reason for that shortfall. But on the other

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Speaker 3: side of the cards. AMD also reported last night. The

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Speaker 3: shares are trading higher in pre market by one point

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Speaker 3: eight percent. This is Navidia's guest, closest rival in the

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Speaker 3: AI processors space. They gave a strong revenue forecast for

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Speaker 3: the current period, boosted by high end computers that are

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Speaker 3: capable of creating and running AI software. So AMD on

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Speaker 3: the upside of one point eight percent. Super Micro on

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Speaker 3: the downside down five percent pre market.

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Speaker 1: And we also got earnings from Marvel Technologies.

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Speaker 3: Is that right?

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Speaker 2: Yeah, that's right.

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Speaker 3: This is a chip maker that competes with Broadcom and

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Speaker 3: Qualcom in some segments. Marvel is down seven and a

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Speaker 3: quarter percent on the pre market after the chip maker

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Speaker 3: cut its high end of its revenue forecast. They also

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Speaker 3: Nathan postponed an investor Day event citing an uncertain economy.

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Speaker 3: So investors are thinking that does not mean anything positive

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Speaker 3: for this share. That's Marvel Technology down seven and a

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Speaker 3: quarter percent.

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Speaker 1: And more earnings. Very busy week. Tell us what happened

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Speaker 1: with Electronic Arts.

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Speaker 3: Yeah, this is Electronic Arts, the video game company. Their

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Speaker 3: shares are jumping around five percent in pre market trading.

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Speaker 3: They issued higher than expected quarterly profits for the current

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Speaker 3: quarter and said that revenue would be strong in the

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Speaker 3: months to come given a launch of its new game

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Speaker 3: in the Battlefield franchise. Now, I've not played that game before,

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Speaker 3: but it does sounds like it's going to be bringing

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Speaker 3: in some revenue for this company. So EA is up,

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Speaker 3: Electronic Arts up five point two percent pre marketing.

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Speaker 1: And just quickly Valerie. The biggest downside mover this morning

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Speaker 1: weight Watchers.

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Speaker 3: Huge move for weight Watchers down fifty two percent as

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Speaker 3: they file for bankruptcy after the growth in GLP one

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Speaker 3: drugs like o zepic as seemed to eat and away

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Speaker 3: at their business and they have struggled to compete. They're

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Speaker 3: also been struggling with an annual interest expense whopping amount

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Speaker 3: of over one hundred million DO, so that company is

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Speaker 3: filing for bankruptcy. Weight Watchers down fifty two percent.

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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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