1 00:00:02,520 --> 00:00:07,360 Speaker 1: Bloomberg Audio Studios, podcasts, radio News. 2 00:00:08,560 --> 00:00:12,440 Speaker 2: The Stock Movers Report, your roundup of companies making moves 3 00:00:12,480 --> 00:00:16,480 Speaker 2: in the stock market, harnessing the power of Bloomberg Data. 4 00:00:16,760 --> 00:00:18,599 Speaker 3: Let's stick a look at some of the stocks on 5 00:00:18,640 --> 00:00:20,800 Speaker 3: the move today. I'm Paul Swingey alongside Scarlet Field, and 6 00:00:20,840 --> 00:00:23,320 Speaker 3: we're joined by Bloomberg's Bailey Lipschaltz Billy. What are you 7 00:00:23,320 --> 00:00:23,840 Speaker 3: looking at today? 8 00:00:23,960 --> 00:00:26,840 Speaker 1: Let's start with this story of the day. In Vidia 9 00:00:26,920 --> 00:00:31,680 Speaker 1: ticker NVDA. Maybe the largest company in the US, maybe 10 00:00:31,720 --> 00:00:33,599 Speaker 1: the second largest company in the US, depending on when 11 00:00:33,640 --> 00:00:36,200 Speaker 1: you were a fresher terminal, but down right now more 12 00:00:36,240 --> 00:00:39,040 Speaker 1: than five and a half percent, So that is quite 13 00:00:39,159 --> 00:00:41,360 Speaker 1: the drop for the company, the largest drop of though 14 00:00:41,400 --> 00:00:45,360 Speaker 1: only since late October. Mid October, this coming after a 15 00:00:45,360 --> 00:00:50,239 Speaker 1: report that Google may be in fact selling its TPUs 16 00:00:50,640 --> 00:00:53,880 Speaker 1: to Meta, so back and forth. Is in Vidia going 17 00:00:53,880 --> 00:00:55,880 Speaker 1: to be the player? Is Google going to be the player? 18 00:00:56,120 --> 00:00:59,200 Speaker 1: Google parent Alphabet shares up about a half a percent. 19 00:00:59,480 --> 00:01:01,480 Speaker 1: One thing that's interesting is we've continued to see the 20 00:01:01,640 --> 00:01:04,840 Speaker 1: entire AI debate and ecosystem unfold. When you look back 21 00:01:04,880 --> 00:01:09,839 Speaker 1: to in Video's October twenty ninth peak, stocks down seventeen percent, 22 00:01:10,480 --> 00:01:14,039 Speaker 1: big move for a big company. Google up sixteen percent. 23 00:01:14,160 --> 00:01:16,160 Speaker 1: So that is a large divide between two of the 24 00:01:16,240 --> 00:01:18,880 Speaker 1: largest companies in the world, and it all stems around 25 00:01:18,959 --> 00:01:21,520 Speaker 1: whether you're debating if in Video is going to continue 26 00:01:21,520 --> 00:01:24,840 Speaker 1: to dominate with Blackwell Chips, is Google and their TPU 27 00:01:24,920 --> 00:01:27,200 Speaker 1: is going to actually give in video run for its money? 28 00:01:27,280 --> 00:01:29,840 Speaker 1: And then also kind of the underlying debate, will Google's 29 00:01:29,880 --> 00:01:32,160 Speaker 1: Gemini actually be the top app and what does that 30 00:01:32,280 --> 00:01:35,160 Speaker 1: ultimately mean for the entire open ai ecosystem? All right, 31 00:01:35,200 --> 00:01:38,360 Speaker 1: so we'll continue to watch that one. What about Oracle, Yeah, 32 00:01:38,520 --> 00:01:43,160 Speaker 1: sticking to the open IAI ecosystem, Oracle ticker orcl right 33 00:01:43,200 --> 00:01:47,280 Speaker 1: now down three percent. This comes partly on concerned around 34 00:01:47,319 --> 00:01:49,400 Speaker 1: who's going to win between Google and open Ai, if 35 00:01:49,440 --> 00:01:51,640 Speaker 1: we can call it winners and losers, but also on 36 00:01:51,680 --> 00:01:55,480 Speaker 1: the back of a CFRA downgrade CFRA analyst calling out 37 00:01:55,560 --> 00:01:57,960 Speaker 1: the debate that Wall Street has been having for a 38 00:01:58,000 --> 00:02:00,280 Speaker 1: number of weeks at this point around the company these 39 00:02:00,360 --> 00:02:04,040 Speaker 1: mounting debt concerns. That's according to the analyst Angelo Zino, 40 00:02:04,040 --> 00:02:07,280 Speaker 1: who calls out the total debt exceeding one hundred billion 41 00:02:07,320 --> 00:02:10,720 Speaker 1: dollars following the Regional capital rais saying that they expect 42 00:02:10,800 --> 00:02:14,160 Speaker 1: negative free cash flow through at least fiscal twenty twenty eight. 43 00:02:14,400 --> 00:02:19,280 Speaker 1: So again, Oracle O RCL from its September peak down 44 00:02:19,560 --> 00:02:22,760 Speaker 1: forty one percent. These are big companies. We're not talking 45 00:02:22,760 --> 00:02:25,760 Speaker 1: about a small company. Oracle half a trillion dollars. 46 00:02:25,520 --> 00:02:29,680 Speaker 3: Right now, all right, dumb question today? What is a Neo? 47 00:02:29,919 --> 00:02:34,480 Speaker 1: What is a Neo? And Io niow Neo BYD They 48 00:02:34,480 --> 00:02:38,680 Speaker 1: were all going to be revolutionary electric vehicle Chinese companies, 49 00:02:38,800 --> 00:02:41,080 Speaker 1: Chinese companies that were going to change the way that 50 00:02:41,120 --> 00:02:43,040 Speaker 1: we think about cars. They were going to kind of 51 00:02:43,040 --> 00:02:46,519 Speaker 1: eat Elon's musk, Elon Musk's lunch. Excuse me, depending where 52 00:02:46,520 --> 00:02:49,760 Speaker 1: you sat. Neo down eighty hours, down three and a 53 00:02:49,800 --> 00:02:53,200 Speaker 1: half percent right now this camp after the company reported 54 00:02:53,240 --> 00:02:56,480 Speaker 1: revenue for the third quarter softer than analysts were looking for. 55 00:02:57,080 --> 00:02:59,519 Speaker 1: Analysts kind of calling out that maybe their volume guidance, 56 00:02:59,520 --> 00:03:03,440 Speaker 1: Smith's sex spectations, battery supplies still playing out. Neo shares 57 00:03:03,639 --> 00:03:06,520 Speaker 1: or eightyrs again down more than three percent, kind of 58 00:03:06,560 --> 00:03:10,000 Speaker 1: has been struggling though, still up twenty seven percent so 59 00:03:10,120 --> 00:03:12,640 Speaker 1: far this year. But when you consider it, the stock 60 00:03:12,720 --> 00:03:14,799 Speaker 1: or the company is really about a fourteen billion dollar 61 00:03:14,840 --> 00:03:18,160 Speaker 1: market cap so not a tiny company, but certainly not 62 00:03:18,360 --> 00:03:19,400 Speaker 1: revolutionizing the world. 63 00:03:19,400 --> 00:03:23,720 Speaker 3: This isn't Bid going to eat everybody's ev lunch globally, 64 00:03:23,800 --> 00:03:25,280 Speaker 3: with the exception of the US, with exception of the 65 00:03:25,400 --> 00:03:28,160 Speaker 3: usception of the US, because I understand it's a quality 66 00:03:28,200 --> 00:03:29,480 Speaker 3: product at a cheaper price. 67 00:03:29,560 --> 00:03:32,320 Speaker 1: Well, when I was in Asia, the entire car scene 68 00:03:32,320 --> 00:03:35,520 Speaker 1: is different, right, like seeing byds and writing and BYD's 69 00:03:35,560 --> 00:03:38,520 Speaker 1: when we were in different parts of Southeast Asia. Fascinating 70 00:03:38,600 --> 00:03:41,040 Speaker 1: and like really nice cars. They kind of are very 71 00:03:41,040 --> 00:03:44,080 Speaker 1: similar to the Tesla and kind of the sleekness. Again, 72 00:03:44,160 --> 00:03:46,280 Speaker 1: they don't sell here, so a little bit of an 73 00:03:46,320 --> 00:03:49,080 Speaker 1: Apple's Oranges comparison, but still a big company, and I 74 00:03:49,160 --> 00:03:52,040 Speaker 1: believe Berkshire is still a big investor in Bid. 75 00:03:53,880 --> 00:03:57,880 Speaker 2: The stock Movers report from Bloomberg Radio. Check back with 76 00:03:57,960 --> 00:04:00,520 Speaker 2: us throughout the day for the latest roundup of companies 77 00:04:00,600 --> 00:04:03,720 Speaker 2: making news on Wall Street and for the latest market 78 00:04:03,720 --> 00:04:08,200 Speaker 2: moving headlines. 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