1
00:00:02,520 --> 00:00:08,640
Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The.

2
00:00:08,720 --> 00:00:12,560
Speaker 2: Stock Movers Report, your roundup of companies making moves in

3
00:00:12,600 --> 00:00:16,160
Speaker 2: the stock market. Harnessing the power of Bloomberg Data.

4
00:00:16,760 --> 00:00:18,599
Speaker 1: Let's take a look at some stocks on the move today.

5
00:00:18,600 --> 00:00:21,480
Speaker 1: I'm Nathan Hager, joined by Bloomberg's John Tucker. On another

6
00:00:21,920 --> 00:00:25,760
Speaker 1: very busy earnings morning. We got results from Humana morning

7
00:00:25,800 --> 00:00:29,840
Speaker 1: after we heard from CVS Health and the negative narrative

8
00:00:29,920 --> 00:00:32,280
Speaker 1: around the health insurance space it continues.

9
00:00:32,360 --> 00:00:35,280
Speaker 3: John, start with the doom and gloom. Nathan. The sure

10
00:00:35,360 --> 00:00:38,919
Speaker 3: sees adjusted earnings per share of at least nine dollars

11
00:00:38,920 --> 00:00:42,280
Speaker 3: for this year. Keep in mind analysts had estimated close

12
00:00:42,320 --> 00:00:45,640
Speaker 3: to twelve dollars this year. This sad puppy is down

13
00:00:45,760 --> 00:00:49,000
Speaker 3: twenty nine percent for the year. A big part of

14
00:00:49,000 --> 00:00:52,720
Speaker 3: the problem the reimbursements from the government Medicare advantage. That's

15
00:00:52,720 --> 00:00:55,240
Speaker 3: the private version of the government health plan for seniors.

16
00:00:55,600 --> 00:00:58,160
Speaker 3: It's a major line of business for Humana and the

17
00:00:58,200 --> 00:01:01,440
Speaker 3: other health insurance now in the It's been a pretty

18
00:01:01,680 --> 00:01:05,040
Speaker 3: reliable driver of growth for these companies, but it's now

19
00:01:05,080 --> 00:01:08,440
Speaker 3: facing all these hurdles from increasing government security. They're caught

20
00:01:08,520 --> 00:01:13,440
Speaker 3: up in the affordability push. President Trump, increasingly facing criticism

21
00:01:13,520 --> 00:01:18,280
Speaker 3: for americans affordability challenges, he started targeting insurance. You'll call

22
00:01:18,440 --> 00:01:21,240
Speaker 3: Nathan back in December, he said, insurance companies are these

23
00:01:21,240 --> 00:01:24,319
Speaker 3: are his words, now making so much money that they

24
00:01:24,360 --> 00:01:28,240
Speaker 3: have to make less, make that they have to make less,

25
00:01:28,680 --> 00:01:31,120
Speaker 3: a lot less, and this is not going to go away.

26
00:01:31,160 --> 00:01:34,880
Speaker 3: There's the proposal to keep funding to the Medicare advantage

27
00:01:35,120 --> 00:01:37,080
Speaker 3: flat in twenty twenty seven.

28
00:01:37,360 --> 00:01:39,840
Speaker 1: Well, so you got the tax prepairers on your list

29
00:01:39,959 --> 00:01:42,760
Speaker 1: as well. Has Charles Schwab taken off the shock around

30
00:01:42,760 --> 00:01:44,120
Speaker 1: that altruist tool?

31
00:01:44,280 --> 00:01:47,480
Speaker 3: Yeah, this is a Schwab which also the wealth management

32
00:01:47,480 --> 00:01:51,600
Speaker 3: firms under pressure? Can what they do be replaced easily

33
00:01:51,880 --> 00:01:56,320
Speaker 3: by AI? See now, ask questions later? Sell now, I

34
00:01:56,320 --> 00:01:59,080
Speaker 3: should say and ask questions later. That's the theme applies

35
00:01:59,120 --> 00:02:02,440
Speaker 3: to these guys as well. Altruis did launch that new

36
00:02:02,520 --> 00:02:07,760
Speaker 3: tax planning offering with Hazel the AI platform. Supposedly it

37
00:02:07,840 --> 00:02:12,240
Speaker 3: helps read and interpret ten fortys pay stubs, account statements,

38
00:02:12,320 --> 00:02:16,960
Speaker 3: meeting notes, emails, and also the Custodio and corm data

39
00:02:17,000 --> 00:02:24,040
Speaker 3: develop personalized tax strategies. Hazel's tax planning available to firms

40
00:02:24,120 --> 00:02:28,839
Speaker 3: regardless of whether their custody assets are with Altruist.

41
00:02:29,320 --> 00:02:32,480
Speaker 1: All right, let's turn to the positive story. Now we

42
00:02:32,520 --> 00:02:36,840
Speaker 1: got earnings from cloud Flare. Yeah, so I see. Let's

43
00:02:36,840 --> 00:02:38,560
Speaker 1: talk about what cloud Flare is doing.

44
00:02:38,639 --> 00:02:42,079
Speaker 3: So right, this is the cloud infrastructure company. Fourth quarter

45
00:02:42,200 --> 00:02:46,720
Speaker 3: results exceeded Wall Street expectations driven by you can fill

46
00:02:46,720 --> 00:02:50,640
Speaker 3: in the blank here surging artificial intelligence related demand.

47
00:02:50,880 --> 00:02:51,280
Speaker 1: Shocker.

48
00:02:51,560 --> 00:02:55,320
Speaker 3: The fourth quarter revenue six hundred and fourteen million topic

49
00:02:55,360 --> 00:02:59,400
Speaker 3: analysts estimates justed. Earnings came in at twenty eight cents

50
00:02:59,400 --> 00:03:03,440
Speaker 3: per share. That beat the consensus astimate of twenty seven cents.

51
00:03:04,440 --> 00:03:08,760
Speaker 1: And you're closing us out with Mattel not Child's play.

52
00:03:09,160 --> 00:03:12,600
Speaker 3: Not child's play. Remember this was the quarter for you know,

53
00:03:12,880 --> 00:03:16,320
Speaker 3: the holiday period. Yeah, down beat earnings for the fourth quarter.

54
00:03:16,480 --> 00:03:18,800
Speaker 1: Now we saw retail sales they were flat. Maybe this

55
00:03:18,880 --> 00:03:19,400
Speaker 1: is part of it.

56
00:03:19,560 --> 00:03:23,200
Speaker 3: Yeah, So Mattel, this stock ticker symbol MAT this could

57
00:03:23,240 --> 00:03:26,320
Speaker 3: be now set up for the biggest fall on record.

58
00:03:26,360 --> 00:03:29,760
Speaker 3: The company reporting quarterly earnings thirty nine cents per share,

59
00:03:30,000 --> 00:03:33,320
Speaker 3: missing the consensus as to it revenue one point seven

60
00:03:33,360 --> 00:03:37,320
Speaker 3: to seven billion, which really missed the analyst consensus of

61
00:03:37,840 --> 00:03:41,200
Speaker 3: one point eight four billion dollars.

62
00:03:41,600 --> 00:03:45,640
Speaker 2: This stock mover's report from Bloomberg Radio. Check back with

63
00:03:45,720 --> 00:03:48,280
Speaker 2: us throughout the day for the latest roundup of companies

64
00:03:48,360 --> 00:03:51,440
Speaker 2: making news on Wall Street and for the latest market

65
00:03:51,480 --> 00:03:55,960
Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube,

66
00:03:56,040 --> 00:03:59,520
Speaker 2: Bloomberg dot com, and on Applecarplay and Android Auto with

67
00:03:59,600 --> 00:04:05,840
Speaker 2: the blue Berg Business app. Mm hmm