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Speaker 1: Bloomberg Audio Studios, podcasts, radio News, The Stock Movers Report,

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Speaker 1: your roundup of companies making moves in the stock market,

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Speaker 1: harnessing the power of Bloomberg data.

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Speaker 2: Let's take a look at some of the stocks on

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Speaker 2: the move today.

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Speaker 1: We can do that with Bloomberg's.

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Speaker 2: Tat Channa, Darry Tanna, what are you looking at? We'll

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Speaker 2: start with Coyeve, a notable mover to the downside today,

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Speaker 2: falling as much as nineteen percent at the open, the

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Speaker 2: lowest only since August of last year, but still a

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Speaker 2: big move there. The AI Infrastructure company reported a bigger

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Speaker 2: than expected lost while boosting its capital expenditures, so that's

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Speaker 2: reviving some of those Kapex concerned in the market. Sales

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Speaker 2: rose to one point six billion compared to one point

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Speaker 2: five to five that the analysts were expecting, so at

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Speaker 2: least some relief there. But the market does not want

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Speaker 2: to see this. Capital expenditures plans rising, and coreev is

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Speaker 2: the latest victim here to the markets worry.

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Speaker 1: Yeah, definitely. What about Dell shares are in the green jumping?

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Speaker 2: Yeah? Dell is doing the exact opposite performance, jumping as

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Speaker 2: much as eighteen percent at the open, the largest increase

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Speaker 2: is March twenty twenty four, and it sits on the

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Speaker 2: either side of the AI spectrum today because it is

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Speaker 2: one of cour we'ves major suppliers and one of the

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Speaker 2: beneficiaries for the hunt for servers. The company said it

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Speaker 2: will generate about fifty billion in server revenue in the

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Speaker 2: current fiscal quarter, and the CEO said it has a

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Speaker 2: record backlog of forty three billion dollars as major AI

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Speaker 2: providers are seeking its servers to run their their AI workloads.

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Speaker 2: The company also announced a ten billion dollar increase in

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Speaker 2: share buybacks. So the market is pleased that it is

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Speaker 2: seeing some of those capitals returned to the market. So

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Speaker 2: the Pixil shuffle trade is still out there, much lower

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Speaker 2: parts of it is, despite what we've seen with Nvidia

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Speaker 2: this week, UH, Netflix and Netflix, Paul, this is one

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Speaker 2: for you. Shares are rising how the company was outbid

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Speaker 2: by paramountse Guidance in its bid to acquire Warner Brothers.

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Speaker 2: The company last night said they are declining to raise

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Speaker 2: their eighty two point seven billion dollar offer for Warner

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Speaker 2: Brothers Studios and streaming business and investors seem to be

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Speaker 2: happy that they're finally walking away from this deal, which

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Speaker 2: they feared would settle the company with data and financial risks.

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Speaker 2: It also marks an end to the contentious fight both

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Speaker 2: in Hollywood and in Washington, and Netflix shares have declined

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Speaker 2: fifteen percent since their offer in December through yesterday's closed data.

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Speaker 1: Is poised to strengthen the stock movers report from Bloomberg Radio.

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Speaker 1: Check back with us throughout the day for the latest

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Speaker 1: roundup of companies making news on Wall Street and for

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Speaker 1: the latest market moving headlines. Listen to Bloomberg Radio Live,

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Speaker 1: catch us on YouTube, Bloomberg dot com, and on Applecarplay

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Speaker 1: and Android Auto with the Bloomberg Business app.