1 00:00:02,520 --> 00:00:07,360 Speaker 1: Bloomberg Audio Studios, podcasts, radio news. 2 00:00:08,520 --> 00:00:12,440 Speaker 2: The Stock Mover's Report, your roundup of companies making moves 3 00:00:12,480 --> 00:00:16,160 Speaker 2: in the stock market. Harnessing the power of Bloomberg Data. 4 00:00:16,800 --> 00:00:19,160 Speaker 1: Got some selling out there, folks. Let's take a look 5 00:00:19,160 --> 00:00:21,720 Speaker 1: at some of the stocks that are on the movie. 6 00:00:21,840 --> 00:00:25,239 Speaker 1: Do that with Christina. She's in our studio, Christine, what 7 00:00:25,320 --> 00:00:26,960 Speaker 1: are you looking at this hour? All right, Paul, Let's 8 00:00:26,960 --> 00:00:29,560 Speaker 1: take a look at Forward that is not being sold today. 9 00:00:29,560 --> 00:00:31,960 Speaker 1: It's actually gaining. So it took her f and those 10 00:00:31,960 --> 00:00:34,600 Speaker 1: airs are up more than four percent at the moment, 11 00:00:34,840 --> 00:00:38,000 Speaker 1: bearing some of its opening games, but still a healthy clip. 12 00:00:38,159 --> 00:00:39,960 Speaker 1: And of course we know that they had second quarter 13 00:00:40,040 --> 00:00:43,400 Speaker 1: earnings out earlier. Ford raised his profit outlook for a 14 00:00:43,440 --> 00:00:47,040 Speaker 1: second time this year thanks to consumers continuing to buy 15 00:00:47,120 --> 00:00:52,599 Speaker 1: its high margin SUVs. Justin EPs was given guidance at 16 00:00:52,600 --> 00:00:55,600 Speaker 1: the forty two cents versus thirty six cents which was 17 00:00:55,640 --> 00:00:59,200 Speaker 1: the estimate, and then they also upgraded their EBIT guidance 18 00:00:59,360 --> 00:01:02,440 Speaker 1: for the U to eleven billion dollars from eight and 19 00:01:02,480 --> 00:01:05,240 Speaker 1: a half to ten and a half billion previously. Now 20 00:01:05,280 --> 00:01:08,520 Speaker 1: the company, as we know, is also investing in a 21 00:01:08,560 --> 00:01:12,240 Speaker 1: new energy storage business and they're also going to overhaul 22 00:01:12,319 --> 00:01:16,160 Speaker 1: its electric vehicle strategy to focus on less expensive models. 23 00:01:16,360 --> 00:01:19,080 Speaker 1: A lot of interest in that new energy storage business, 24 00:01:19,080 --> 00:01:21,520 Speaker 1: of course, because it relates to being able to supply 25 00:01:21,880 --> 00:01:26,240 Speaker 1: power for all this data center AI driven demand. But investors, 26 00:01:26,360 --> 00:01:30,120 Speaker 1: of course wondering whether that's going to be a sustainable 27 00:01:30,280 --> 00:01:33,080 Speaker 1: revenue stream for Ford, So keep an eye out for that. Okay, 28 00:01:33,160 --> 00:01:34,880 Speaker 1: Ford is doing the right thing. We're just focusing on 29 00:01:34,880 --> 00:01:37,480 Speaker 1: profits where we make our profits, trucks and SUVs. If 30 00:01:37,520 --> 00:01:39,520 Speaker 1: you want to go electric, you can go electric. For 31 00:01:39,680 --> 00:01:41,280 Speaker 1: our responsibilities to our shareholders. 32 00:01:41,520 --> 00:01:42,720 Speaker 2: Where do you go for electric? 33 00:01:42,800 --> 00:01:45,680 Speaker 1: Then you go to Tesla with their old stale lineup. 34 00:01:46,080 --> 00:01:49,120 Speaker 1: I mean they'll still have everybody's going to have some some, 35 00:01:49,640 --> 00:01:51,800 Speaker 1: but you're scaling it back because they're not getting paid 36 00:01:51,800 --> 00:01:54,600 Speaker 1: for it. I totally agree with their strategy. 37 00:01:54,640 --> 00:01:55,640 Speaker 2: All right, next stop. 38 00:01:56,040 --> 00:01:58,760 Speaker 1: All right, let's take a look at Caterpillar. Yes, Cats 39 00:01:58,920 --> 00:02:02,000 Speaker 1: took a CEE eight. He that is not doing too well. 40 00:02:02,000 --> 00:02:05,880 Speaker 1: It's actually extending opening declients now now more than five percent, 41 00:02:06,560 --> 00:02:08,560 Speaker 1: and that is because we did get a downraad from 42 00:02:08,600 --> 00:02:12,280 Speaker 1: bare to analysts there cutting the recommendation to neutral from 43 00:02:12,280 --> 00:02:14,920 Speaker 1: outperform previously. And they also cut the price target to 44 00:02:15,000 --> 00:02:19,120 Speaker 1: nine hundred from a previous recommendation of twelve hundred. Currently 45 00:02:19,280 --> 00:02:22,639 Speaker 1: it's training around a seven ninety one. So analysts are 46 00:02:22,720 --> 00:02:26,080 Speaker 1: citing a growing trend of state and local government actions 47 00:02:26,120 --> 00:02:30,640 Speaker 1: targeting data centers, and the analysts are potentially saying that 48 00:02:30,639 --> 00:02:35,359 Speaker 1: that could impact future orders and backlog progression and it 49 00:02:35,560 --> 00:02:38,960 Speaker 1: really just could be a limiting factor for growth, that 50 00:02:39,000 --> 00:02:42,880 Speaker 1: could contribute to caterpillars of future outlook. And so yeah, 51 00:02:43,000 --> 00:02:45,880 Speaker 1: not looking very optimistic there in terms of data center 52 00:02:45,960 --> 00:02:51,920 Speaker 1: regulation and the implications for a company like Caterpillar and Skyworks. 53 00:02:51,960 --> 00:02:57,800 Speaker 1: So Skyworks ticker SWKS. They are a semiconductor device company. 54 00:02:57,919 --> 00:02:59,959 Speaker 1: We know that they're supplier to Apple. They actually derive 55 00:03:00,000 --> 00:03:02,960 Speaker 1: I have sixty seven percent of the revenue from Apple. 56 00:03:03,000 --> 00:03:06,400 Speaker 1: We got their fourth quarter earnings today. That's not looking 57 00:03:06,520 --> 00:03:08,880 Speaker 1: too hot, and so the shares are down now just 58 00:03:08,919 --> 00:03:11,800 Speaker 1: over two percent, bearing some of those opening declines that 59 00:03:11,840 --> 00:03:14,000 Speaker 1: we saw earlier, and that is primarily because of a 60 00:03:14,040 --> 00:03:17,800 Speaker 1: weaker and expected outlook for the fourth quarter. Bloomberg Intelligence 61 00:03:17,800 --> 00:03:19,919 Speaker 1: weighing in and saying that you know, there are a 62 00:03:20,000 --> 00:03:23,000 Speaker 1: lot of headwinds for hands at makers because of rising 63 00:03:23,040 --> 00:03:26,840 Speaker 1: memory prices and also constraints supply, and that really could 64 00:03:26,840 --> 00:03:29,880 Speaker 1: limit significant upside for Skyworks in the second half of 65 00:03:29,919 --> 00:03:30,320 Speaker 1: this year. 66 00:03:30,639 --> 00:03:32,960 Speaker 2: All right, Christina Quino, Thank you so much, Christina. 67 00:03:33,040 --> 00:03:34,800 Speaker 1: You know with our Stockmovers Report. 68 00:03:36,200 --> 00:03:40,240 Speaker 2: The Stock Mover's Report from Bloomberg Radio. 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