1 00:00:02,520 --> 00:00:08,720 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 --> 00:00:15,880 Speaker 2: the stock market, harnessing the power of Bloomberg Data. 4 00:00:16,680 --> 00:00:19,799 Speaker 1: I'm Jim Stenebek along with Isabelle Lee. Let's take a 5 00:00:19,800 --> 00:00:22,119 Speaker 1: look at some stocks that are on the move today. 6 00:00:22,160 --> 00:00:26,520 Speaker 1: We're joined by Bloomberg News Actes reporter Carmen Reinikey in video. 7 00:00:26,880 --> 00:00:27,560 Speaker 1: Let's start there. 8 00:00:27,640 --> 00:00:29,960 Speaker 3: Yeah, I mean, it's the stock that everyone's watching. As 9 00:00:30,000 --> 00:00:32,400 Speaker 3: you just said, up slightly right now. We've seen it 10 00:00:32,479 --> 00:00:34,640 Speaker 3: kind of fluctuate throughout the day heading up to this 11 00:00:34,760 --> 00:00:37,559 Speaker 3: earnings report. I think it's important to kind of take 12 00:00:37,560 --> 00:00:39,800 Speaker 3: a step back, even though, just from today's session and 13 00:00:39,840 --> 00:00:41,920 Speaker 3: note that it's less than one percent from a record 14 00:00:42,040 --> 00:00:45,760 Speaker 3: high going into earnings, and the stock has rallied thirty 15 00:00:45,800 --> 00:00:48,800 Speaker 3: five percent from the last report in May. So we've 16 00:00:48,840 --> 00:00:51,720 Speaker 3: just kept seeing in video go higher and hire and 17 00:00:51,760 --> 00:00:54,880 Speaker 3: it's actually a pretty normal setup for the stock to 18 00:00:54,920 --> 00:00:57,480 Speaker 3: be looking this good going into earnings. 19 00:00:57,160 --> 00:00:59,960 Speaker 1: Ahead of this. As I was preparing, Tali, our producer 20 00:01:00,080 --> 00:01:04,840 Speaker 1: reminded me that the stock has close to doubled since 21 00:01:04,880 --> 00:01:07,399 Speaker 1: those April lows. Yeah, I mean that was like post 22 00:01:07,480 --> 00:01:10,240 Speaker 1: deep seek. It was a lot of questions about what 23 00:01:10,440 --> 00:01:13,039 Speaker 1: tariffs would look like, and the markets were down overall, 24 00:01:13,080 --> 00:01:15,560 Speaker 1: but the stock is close to doubled in just a 25 00:01:15,600 --> 00:01:16,119 Speaker 1: few months. 26 00:01:16,280 --> 00:01:18,399 Speaker 3: Yeah, it's crazy, and I feel like it's something that 27 00:01:18,440 --> 00:01:20,640 Speaker 3: the stock has done time and time again. You know, 28 00:01:20,680 --> 00:01:23,800 Speaker 3: we've seen you know, multiple years of triple digit growth 29 00:01:24,040 --> 00:01:28,920 Speaker 3: from Nvidia. You know, it was the biggest point contributor 30 00:01:28,959 --> 00:01:30,880 Speaker 3: to the S and P during that time. So it's 31 00:01:30,920 --> 00:01:33,240 Speaker 3: a huge deal. And yeah, we'll I'll be watching it 32 00:01:33,280 --> 00:01:34,200 Speaker 3: after hours, all right. 33 00:01:34,240 --> 00:01:36,319 Speaker 1: And NVDA in VideA is the ticker? 34 00:01:36,600 --> 00:01:38,760 Speaker 3: What's going on in JM Smucker? I think the ticker 35 00:01:38,800 --> 00:01:43,320 Speaker 3: there is SJM. Yeah, s JM is down today, it's 36 00:01:43,360 --> 00:01:46,920 Speaker 3: down right now about four point six percent. The company 37 00:01:46,959 --> 00:01:49,640 Speaker 3: reported first quarterneck sales that were weighed down by a 38 00:01:49,680 --> 00:01:53,840 Speaker 3: decrease in sales of coffee, dog snacks, sweet baked goods, 39 00:01:53,880 --> 00:01:57,800 Speaker 3: which specifically means twinkies because they own Hostess and fruit spreads. 40 00:01:57,800 --> 00:01:59,800 Speaker 3: And I thought this was interesting because usually these are 41 00:01:59,840 --> 00:02:03,520 Speaker 3: things that you would see people buying if the economy 42 00:02:03,560 --> 00:02:05,639 Speaker 3: is doing well. I think we kind of were always 43 00:02:05,640 --> 00:02:08,160 Speaker 3: reading the tea leaves for how the consumer is doing, 44 00:02:08,560 --> 00:02:09,840 Speaker 3: and this is a little bit more of like a 45 00:02:09,840 --> 00:02:13,960 Speaker 3: negative read that you know, we're not seeing as many 46 00:02:14,639 --> 00:02:18,920 Speaker 3: people buying coffee and dog snacks and twinkies and twinkies exactly. 47 00:02:18,720 --> 00:02:21,200 Speaker 1: All right, Mango dB ticker MDB. 48 00:02:21,560 --> 00:02:24,320 Speaker 3: Yeah, So Mango dB shares are on an absolute tear today. 49 00:02:24,320 --> 00:02:26,680 Speaker 3: They're up thirty six percent. This is on track to 50 00:02:26,720 --> 00:02:30,880 Speaker 3: be the best one day performance on records, so since 51 00:02:30,919 --> 00:02:35,079 Speaker 3: they're twenty seventeen IPO. And basically what happened is they've 52 00:02:35,120 --> 00:02:40,640 Speaker 3: reported earnings that really outperformed, were much better than analysts expected, 53 00:02:40,800 --> 00:02:43,800 Speaker 3: and they raised their full your forecast. Analysts A City 54 00:02:43,880 --> 00:02:46,079 Speaker 3: said the report was a blowout and the quarter was 55 00:02:46,120 --> 00:02:50,840 Speaker 3: a thesis changing quarter for Mango dB. There was Broadways strength. 56 00:02:50,919 --> 00:02:54,040 Speaker 3: This is also sort of an AI name. Analysts at 57 00:02:54,120 --> 00:02:58,720 Speaker 3: RBC said, while workloads remain early, they're benefiting from larger 58 00:02:58,840 --> 00:03:02,480 Speaker 3: durable use cases and continued expansion across the customer base, 59 00:03:02,560 --> 00:03:05,640 Speaker 3: so really seeing growth from the technology. 60 00:03:06,520 --> 00:03:10,760 Speaker 2: The Stockmovers report from Bloomberg Radio. 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