Speaker 1: Bloomberg Audio Studios, podcasts, radio News.
Speaker 2: The Stock Movers Report, your roundup of companies making moves
Speaker 2: in the stock market, harnessing the power of Bloomberg Data.
Speaker 3: Let's stick a look at some of the stocks on
Speaker 3: the move today. I'm Paul Swingey alongside Scarlet Field, and
Speaker 3: we're joined by Bloomberg's Bailey Lipschaltz Billy. What are you
Speaker 3: looking at today?
Speaker 1: Let's start with this story of the day. In Vidia
Speaker 1: ticker NVDA. Maybe the largest company in the US, maybe
Speaker 1: the second largest company in the US, depending on when
Speaker 1: you were a fresher terminal, but down right now more
Speaker 1: than five and a half percent, So that is quite
Speaker 1: the drop for the company, the largest drop of though
Speaker 1: only since late October. Mid October, this coming after a
Speaker 1: report that Google may be in fact selling its TPUs
Speaker 1: to Meta, so back and forth. Is in Vidia going
Speaker 1: to be the player? Is Google going to be the player?
Speaker 1: Google parent Alphabet shares up about a half a percent.
Speaker 1: One thing that's interesting is we've continued to see the
Speaker 1: entire AI debate and ecosystem unfold. When you look back
Speaker 1: to in Video's October twenty ninth peak, stocks down seventeen percent,
Speaker 1: big move for a big company. Google up sixteen percent.
Speaker 1: So that is a large divide between two of the
Speaker 1: largest companies in the world, and it all stems around
Speaker 1: whether you're debating if in Video is going to continue
Speaker 1: to dominate with Blackwell Chips, is Google and their TPU
Speaker 1: is going to actually give in video run for its money?
Speaker 1: And then also kind of the underlying debate, will Google's
Speaker 1: Gemini actually be the top app and what does that
Speaker 1: ultimately mean for the entire open ai ecosystem? All right,
Speaker 1: so we'll continue to watch that one. What about Oracle, Yeah,
Speaker 1: sticking to the open IAI ecosystem, Oracle ticker orcl right
Speaker 1: now down three percent. This comes partly on concerned around
Speaker 1: who's going to win between Google and open Ai, if
Speaker 1: we can call it winners and losers, but also on
Speaker 1: the back of a CFRA downgrade CFRA analyst calling out
Speaker 1: the debate that Wall Street has been having for a
Speaker 1: number of weeks at this point around the company these
Speaker 1: mounting debt concerns. That's according to the analyst Angelo Zino,
Speaker 1: who calls out the total debt exceeding one hundred billion
Speaker 1: dollars following the Regional capital rais saying that they expect
Speaker 1: negative free cash flow through at least fiscal twenty twenty eight.
Speaker 1: So again, Oracle O RCL from its September peak down
Speaker 1: forty one percent. These are big companies. We're not talking
Speaker 1: about a small company. Oracle half a trillion dollars.
Speaker 3: Right now, all right, dumb question today? What is a Neo?
Speaker 1: What is a Neo? And Io niow Neo BYD They
Speaker 1: were all going to be revolutionary electric vehicle Chinese companies,
Speaker 1: Chinese companies that were going to change the way that
Speaker 1: we think about cars. They were going to kind of
Speaker 1: eat Elon's musk, Elon Musk's lunch. Excuse me, depending where
Speaker 1: you sat. Neo down eighty hours, down three and a
Speaker 1: half percent right now this camp after the company reported
Speaker 1: revenue for the third quarter softer than analysts were looking for.
Speaker 1: Analysts kind of calling out that maybe their volume guidance,
Speaker 1: Smith's sex spectations, battery supplies still playing out. Neo shares
Speaker 1: or eightyrs again down more than three percent, kind of
Speaker 1: has been struggling though, still up twenty seven percent so
Speaker 1: far this year. But when you consider it, the stock
Speaker 1: or the company is really about a fourteen billion dollar
Speaker 1: market cap so not a tiny company, but certainly not
Speaker 1: revolutionizing the world.
Speaker 3: This isn't Bid going to eat everybody's ev lunch globally,
Speaker 3: with the exception of the US, with exception of the
Speaker 3: usception of the US, because I understand it's a quality
Speaker 3: product at a cheaper price.
Speaker 1: Well, when I was in Asia, the entire car scene
Speaker 1: is different, right, like seeing byds and writing and BYD's
Speaker 1: when we were in different parts of Southeast Asia. Fascinating
Speaker 1: and like really nice cars. They kind of are very
Speaker 1: similar to the Tesla and kind of the sleekness. Again,
Speaker 1: they don't sell here, so a little bit of an
Speaker 1: Apple's Oranges comparison, but still a big company, and I
Speaker 1: believe Berkshire is still a big investor in Bid.
Speaker 2: The stock Movers report from Bloomberg Radio. Check back with
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