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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 3: Let's stick with stocks and find out who some of

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Speaker 3: the big movers are on this final trading day of

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Speaker 3: the month with Bloomberg Cross Asset reporter Isabelle Lee. Isabelle,

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Speaker 3: I know there's some news out about Ali Baba today,

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Speaker 3: so listen.

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Speaker 1: Ali Baba's exciting. The ticker here is Baba or Baba.

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Speaker 1: So the company reported a surgeon revenue from China's Ai boom.

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Speaker 1: So this is really helping calm investors who are nervous

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Speaker 1: about the fallout from really a worsening battle between its rivals,

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Speaker 1: namely May Twin and JD, especially in the internet commerce universe.

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Speaker 1: So Alibaba reported a triple digit percentage gain in AI

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Speaker 1: related product revenue. They also reported than better than anticipated

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Speaker 1: twenty six percent jump in sales from the cloud division,

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Speaker 1: so that is the business most closely tied to the

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Speaker 1: post Deepseckai boom. You see shares now up by around

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Speaker 1: eleven and a half percent. They did jump eight percent

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Speaker 1: at the open. The most is March five, and you

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Speaker 1: see this stock continuing it's skyrocket.

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Speaker 3: And what about Caterpillar, because their shares are lower. They're

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Speaker 3: down about four percent right now.

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Speaker 1: This is also a different story. Shares are down by

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Speaker 1: four point zero eight percent. The ticker is CAT. So

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Speaker 1: Caterpillar is warning investors that it now expects tariffs to

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Speaker 1: have a greater effect on its businesses, costing it around

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Speaker 1: one point eight billion dollars this year. So this is

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Speaker 1: important because the company is one of the world's biggest

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Speaker 1: makers of machinery for mining and construction, so they're often

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Speaker 1: really seen as the bell weather when it comes to

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Speaker 1: global economic growth. And the thing is, tariffs already took

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Speaker 1: a bite out of caterpillar second quarter results, with costs

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Speaker 1: coming in at the top end of its estimated range

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Speaker 1: disclosed in April. So really it's a lot of kind

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Speaker 1: of negative news. Now we've been hearing a lot of

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Speaker 1: tariffs during the whole earnings this week, from Victoria's Secret

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Speaker 1: to Best Buy and all that. So Caterpillar is the

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Speaker 1: latest victim.

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Speaker 3: And Adell taking it on the chin here, right, I mean,

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Speaker 3: despite the fact that they beat on both the top

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Speaker 3: and bottom line.

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Speaker 1: Definitely, Dell shares are now down by nearly nine percent.

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Speaker 1: Ticker is Dell DL and in the open actually it

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Speaker 1: fell as much as eleven percent, the most since April.

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Speaker 1: But we've seen the stock pair back some of those losses.

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Speaker 1: So the company book viewer sales of AI servers than

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Speaker 1: in the previous three months. The company also reported profit

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Speaker 1: margins on powerful machines, but it did fall short of estimates. Again,

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Speaker 1: here we go again with the expectation versus what is actual.

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Speaker 1: So the need for computing to run AI tools had

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Speaker 1: led to a sales boom for makers of these high

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Speaker 1: powered servers think Dell super Micro HP, but in general

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Speaker 1: investors have been concerned about the profitability of this AI servers.

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Speaker 2: The Stock Movers report from Bloomberg Radio. Check back with

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Speaker 2: us throughout the day for the latest roundup of companies

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Speaker 2: making news on Wall Street and for the latest market

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Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube,

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