Speaker 1: Bloomberg Audio Studios, podcasts, radio News.
Speaker 2: The Stock Movers Report, your roundup of companies making moves
Speaker 2: in the stock market harnessing the power of Bloomberg Data.
Speaker 3: Let's take a look at some stocks on the move today.
Speaker 4: All right, we got to start with them Video. Take
Speaker 4: our MVDA. Their share has been up more than three percent,
Speaker 4: so they're on track to become the world's first five
Speaker 4: trillion dollar public company. What it has to do with
Speaker 4: it's Blackwell chips. So, if you remember months ago, right,
Speaker 4: President Trump said he consider allowing the company to export
Speaker 4: the downgraded version of them to China. Well, now, just
Speaker 4: ahead of this meeting he has with Jijionping, he says, quote,
Speaker 4: we'll be speaking about blackwells. So and Video is also
Speaker 4: hosting this conference at GtC event in DC and announce
Speaker 4: a number of things, right, new partnerships with companies like Uber, Palanteer, CrowdStrike.
Speaker 4: It said it's taking a one billion dollar equity stake
Speaker 4: in Nokia and unveiled this. Okay, you're gonna love this
Speaker 4: part tom a new system to connect quantum computers with
Speaker 4: AI chips.
Speaker 3: Okay, quantum comp I know, I know, I know.
Speaker 1: Lock that in school Paul, the PE is fifty nine yep,
Speaker 1: and the new earnings view brings the PE down because
Speaker 1: the denominator goes up down to forty four.
Speaker 3: I don't think I've ever seen that.
Speaker 5: And if you go on the January twenty seven, so
Speaker 5: the county of your twenty six estimates, that multiple comes
Speaker 5: down to something in the low thirties.
Speaker 3: Exactly. I was going to say, take.
Speaker 5: The bulls, say this is a company that's earning its
Speaker 5: way into its valuation. And I listen, they've been right.
Speaker 3: Sounds like a sales call on me.
Speaker 4: That's all right. I have to go to the fintech
Speaker 4: company Fiserve. Okay, it's tumbling. I looked lay this now
Speaker 4: nearly down thirty forty percent. It's crazy. So they do
Speaker 4: payment processing, digital banking solutions. They slash their outlook for
Speaker 4: full year earnings report a three percent decline in revenue,
Speaker 4: and its financial solutions segment CEO said, you know what,
Speaker 4: I know. Our performance is not where it should be
Speaker 4: nor where stakeholders expected to be. They're overhauling top leadership committee.
Speaker 4: They're promoting their chief operating officer to co president. They
Speaker 4: announced a few board additions too, but the stock is
Speaker 4: frolling thirty nine percent this year through Tuesday, so really
Speaker 4: not good for Pfizer.
Speaker 5: Yep, that's fintech. So I mean it's just been over them.
Speaker 3: You said Pfizer. It's not the drug company.
Speaker 4: No, no, Yes, ticker FI FI s E r V
Speaker 4: I serve.
Speaker 5: It's a big company too. But it's tough day in
Speaker 5: the marketplace today day, All right.
Speaker 4: Who's having a good time. It's Caterpillar ticker c AT. Yes, yes,
Speaker 4: as much as four percent, so post it high third
Speaker 4: quarter revenue. But the interesting thing is that I got
Speaker 4: to boost from energy and transportation business because you have
Speaker 4: rising demand for equipment needed to fuel AI data centers.
Speaker 4: And that's what's driving them because they provide the battery storage,
Speaker 4: the backup generators for industries and that's going to be
Speaker 4: big for the data center.
Speaker 3: Is a data center play.
Speaker 4: It's because they have the backup generators that can help
Speaker 4: power something the bulldozers depend do. But it's doing better
Speaker 4: than that segment that does the bulldozers.
Speaker 3: Singer most you're an old fossil time king. Statistic on
Speaker 3: the Bloomberg. In the last ten years, Caterpillar is up
Speaker 3: twenty three point eight percent per year.
Speaker 5: Wow, Paul didn't see that coming.
Speaker 3: After the third beverage of my choice ten years ago,
Speaker 3: I would have said, literally over my dead.
Speaker 5: Box, sure it would miss as a GDP company, ever occur,
Speaker 5: it's not your year to date.
Speaker 3: Now they're building data centers.
Speaker 4: Yeah, sure, okay, the quick tariff impacts from it, it's
Speaker 4: it expects record six hundred and fifty million to eight
Speaker 4: hundred million in tariff costs in the force and in
Speaker 4: the fourth quarter. So taking a big tariff pack two.
Speaker 3: So I was twenty four and it's five point fifty seven. Yep.
Speaker 3: Why am I in the triple levers Dog cash fund?
Speaker 5: Sleep well at night?
Speaker 3: That sleep while at night. Caterpillar twenty three percent per year. Yep,
Speaker 3: they make boring yellow bulldoz.
Speaker 5: It's got a thirty pe multiple.
Speaker 4: But it's energy and transportation business that's the big big.
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