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

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Speaker 2: The Stock Movers Report, your roundup of companies making moves

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Speaker 2: in the stock market, harnessing the power of Bloomberg Data.

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Speaker 1: Let's get to it in terms of some stocks on

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Speaker 1: the move today. Avalon Purnell is Bloomberg News Equities reporter.

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Speaker 1: She's back there at Bloomberg headquarters on Lexington Avenues. So, Avalon,

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Speaker 1: where shall we begin? We to get some news after

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Speaker 1: the closing bill as well, we sure did.

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Speaker 3: We can probably start off with CrowdStrike, which I will

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Speaker 3: say was a lot more interesting a couple moments ago,

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Speaker 3: but now it is roughly unchanged, only taking up aboutzero

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Speaker 3: point three one percent, and that's ticker CRWD. That's after

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Speaker 3: the software company reported fourth quarter results that were roughly

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Speaker 3: in line with the streets expectations. It's forecast for the

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Speaker 3: first quarter and also the full year we're also in

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Speaker 3: line with expectations. It is important to note that CrowdStrike

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Speaker 3: has been pretty volatile this year as investors continue to

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Speaker 3: debate the potential disruption from AI, which, as we remember

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Speaker 3: from last week, was very much the conversation after Nvidia

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Speaker 3: reported earnings as well.

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Speaker 1: Yeah, it's interesting, right, We've seen so many of these

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Speaker 1: names under some pressure, but as you said, we did

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Speaker 1: see it a little bit lower initially when it came

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Speaker 1: to its earnings, but not off its worst levels of

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Speaker 1: the session. All Right, from CrowdStrike, we go to I'm

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Speaker 1: just pulling up my notes here, where shall we go?

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Speaker 1: We're going to go to Ross Stores.

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Speaker 3: Yes, it's been a very big day in consumer Ross Stores.

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Speaker 3: That's ticker ROST rising about six point five percent post market.

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Speaker 3: That's after the off price retailer reported better than expected

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Speaker 3: earnings per share for the fourth quarter and also the

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Speaker 3: midpoint of its same store sales growth also topped analyst estimates.

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Speaker 3: So definitely a good time to be that retailer. Consumer

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Speaker 3: continues to be hit as shoppers spend lesson store and

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Speaker 3: tear of concerns kind of highlight those affordability problems that

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Speaker 3: a lot of Americans are facing, but Ross Stores continues

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Speaker 3: to be a beneficiary.

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Speaker 1: Yeah, interesting to see that that pop, right, six percent

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Speaker 1: higher in the aftermarket, and we know when it comes

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Speaker 1: to retail you don't always get kind of the same

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Speaker 1: response depending on who the consumer is and in terms

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Speaker 1: of their fundamentals. But again, it's another read on the consumers.

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Speaker 1: Those retailers continue to come out and again, as you said,

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Speaker 1: that operating margin pretty impressive for that name. Let's go

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Speaker 1: on to Target. We have another retailer that we got

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Speaker 1: results from.

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Speaker 3: Yes, Target ticker TGT jumped about six point seven percent

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Speaker 3: into the clothes that's its biggest leap since April after

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Speaker 3: surprising investors with an upbeat forecast on improving demand, which

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Speaker 3: made mean a turnaround is actually working so far. The

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Speaker 3: results also, Target said that it plans to hire more

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Speaker 3: staffers and also booster pay. One analyst said that it

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Speaker 3: was actually kind of surprise that they're predicting a beat

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Speaker 3: later on and forecasting better despite the fact that they're

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Speaker 3: also planning to increase their money that they're also spending

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Speaker 3: towards their staff and TD Cowen analyst said something that

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Speaker 3: I found to be kind of interesting that the retailer

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Speaker 3: continues to leverage its talent for finding unique merchandise, and

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Speaker 3: I think that will potentially continue. We'll see.

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Speaker 1: Yeah, it's interesting right. Target is one of those retailers

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Speaker 1: that has gone through a bunch of cycles. They've been

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Speaker 1: doing quite an overhaul trying to figure out their way forward.

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Speaker 1: But it's quite an interesting investment two billion dollars and

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Speaker 1: a strategic plan, and maybe this is what gets investors

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Speaker 1: a little bit more interested. Best Buy another retailer, so

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Speaker 1: we continue to hear from the retail space.

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Speaker 3: Yes, Best Buy, that's ticker bb why also reported earnings

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Speaker 3: today close up about seven percent for its biggest leap

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Speaker 3: since October, and that's mostly on account of the fact

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Speaker 3: that the retailer had fourth quarter earnings that topped estimates,

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Speaker 3: partially because holiday shopping was much better than expected. It

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Speaker 3: even lifted its quarterly dividend by about one percent. Investors

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Speaker 3: were particularly happy that management said that it wasn't necessarily

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Speaker 3: predicting that customers were trying to pull forward or other words,

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Speaker 3: meaning that they were consumers were not necessarily accelerating buying

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Speaker 3: and anticipation of price increases. So I also found out

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Speaker 3: to be quite interesting within the Best Buy space.

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Speaker 1: All right, we're going to leave it there. Hey listen Avalon,

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Speaker 1: Thank you so much. Avalon Parnel, Bloomberg News Equities reporter

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Speaker 1: back at Bloomberg headquarters with some of the stocks on

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Speaker 1: the move here. Be sure to check out our Stock

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Speaker 1: Movers podcast, five minute episodes of the biggest winners and

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Speaker 1: losers in the stock market. You can find it on Apple, Spotify,

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Speaker 1: or anywhere you get your podcasts.

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