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Speaker 1: Bloomberg Audio Studios, podcasts, radio news.

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Speaker 2: The Stock Movers report your roundup of companies making moves

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Speaker 2: in the stock market, harnessing the power of Bloomberg data.

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Speaker 1: But I'm Carol Master, a longer term static. Let's get

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Speaker 1: to some stocks on the move on this Wednesday with

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Speaker 1: us as Bloomberg News earning specialist.

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Speaker 3: It's pou with us.

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Speaker 1: She's got some stock movers. Where shall we begin?

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Speaker 3: I think we have to start. We don't want to

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Speaker 3: report it today, Dear take a d Does this your

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Speaker 3: farm equipment maker? So it seems like investors are reacting

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Speaker 3: negatively after the company put out a week outlook. You know,

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Speaker 3: it has been struggling because tariffs have her demand for crops,

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Speaker 3: and I think this out look kind of shows doubts

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Speaker 3: about whether the US China deal to resume crop shipments

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Speaker 3: were meaningfully boost demand. And we know know the industry

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Speaker 3: has already been dealing with a couple of issues. Crop

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Speaker 3: prices have been low and the cost of seats, fertilizersment's

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Speaker 3: keep rising. So it kind of shows that farmers are

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Speaker 3: having a tough time affording new machines right now, and

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Speaker 3: that's hurting gear.

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Speaker 4: Yeah, this is A. You know, we talked to brook

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Speaker 4: Sutherland earlier on this, and you know, asking the question

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Speaker 4: of whether there's a bell weather and industrials and what

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Speaker 4: this means for the farm economy and also how could

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Speaker 4: the outlook and change if the farmers do, indeed in

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Speaker 4: the US get a bailout from President Trump.

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Speaker 1: And I think this is what's difficult, right to trade

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Speaker 1: the tariffs, Like things feel like they're constantly moving, and

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Speaker 1: so you have to kind of try it. How do

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Speaker 1: you run a business when the targets keep moving? All right?

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Speaker 1: De dear, as you said, down more than four percent

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Speaker 1: today's session HPQ. Those earnings came out late last night.

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Speaker 3: Yeah, and it seems to still be down because it

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Speaker 3: is shut an outlook a spilo expectations hp lame the

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Speaker 3: high cost of memory tips that go into computers. It

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Speaker 3: also became the latest company to report lay after due

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Speaker 3: to AI. It said it will cut four thousand to

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Speaker 3: six thousand employees over in the next two years and

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Speaker 3: replace them with AI tools. That's about seven to ten

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Speaker 3: percent of its corent workforce.

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Speaker 4: You know, what's what I find fascinating about this is

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Speaker 4: like this is through fiscal twenty twenty eight We're a

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Speaker 4: few years away from fiscal twenty twenty eight, so you

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Speaker 4: could you know, you could do this through layoffs, you

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Speaker 4: could do it through not hiring when people leave, and

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Speaker 4: there are other ways to do this. But also the AI.

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Speaker 4: Think about how much AI has changed just in the

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Speaker 4: last year and the way that people use it, Like,

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Speaker 4: how can you predict how a company that you run

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Speaker 4: is going to be using AI in the next two

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Speaker 4: or three years.

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Speaker 1: I feel like there's so many unknowns, Like these projections

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Speaker 1: I think are really difficult. Ye that out there right?

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Speaker 1: I feel like a lot could change TVD Yeah, I.

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Speaker 3: Like to say a lot volatile world.

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Speaker 4: Workday.

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Speaker 2: Yeah.

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Speaker 3: So this is what daytik a wday is at HR

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Speaker 3: Software Maker. As another start, it took quite a bit

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Speaker 3: of a beating today. It actually had results that beat estimates,

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Speaker 3: but there are questions from analysts about how much of

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Speaker 3: that is from an acquisition I mean in October, and

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Speaker 3: how much of that is organic growth. Analysts also co

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Speaker 3: certain about Maguins going forward because it gave a guidance

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Speaker 3: that was below estimates. For example, Bloomberg Intelligence you know,

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Speaker 3: pointed out that latch companies are cutting workers, are not

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Speaker 3: hiring so it's going to be hot for a work

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Speaker 3: day to find you clients.

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Speaker 4: Yeah, that's a big concern. I mean that's like an

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Speaker 4: economic a big concern about the economy.

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Speaker 1: Yeah, exactly. I mean it's such a great read, right

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Speaker 1: when we talk about the labor force. I mean the

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Speaker 1: stocks went down about seventeen percent year to date. I

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Speaker 1: just feel like, and I think about the conversation that

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Speaker 1: we had today looking at the FED page book, and

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Speaker 1: like we're looking at a lot of different factors and

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Speaker 1: what these types of companies say about their environment to

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Speaker 1: try to get an idea of what's to come. It's

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Speaker 1: it's a weird time, right, there's lots of questions.

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Speaker 3: Yeah, I think just no one knows.

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Speaker 1: Right, what's the next earning season?

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Speaker 3: Well, it's going to be soon after Christmas?

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Speaker 4: Right, yeah, get ready for gear, ready for j warri

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Speaker 4: start you know in an early part of January.

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Speaker 1: Just say nothing, you're already thinking about that.

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Speaker 4: We're barely through retail earnings at the point.

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Speaker 1: I just think, you know, it's when we get an

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Speaker 1: idea of how things are doing. Stock marketing kind of.

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Speaker 4: Terminal says January thirteenth for JP Morgan, Right now, so yeah,

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Speaker 4: We'll see if that.

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Speaker 1: Well, Jamie us cockroach.

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Speaker 4: We use weather weather. This is not yoga, Okay, I'm just.

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Speaker 1: Saying what bug will he lean on?

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Speaker 2: Rachel?

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Speaker 1: Thank you so much. Really appreciate Rachel Plas. She's Bloomberg

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Speaker 1: News Earning specialist.

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Speaker 2: Joining us with Stockmovers, the Stockmovers Report from Bloomberg Radio.

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Speaker 2: Check back with us throughout the day for the latest

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Speaker 2: roundup of companies making news on Wall Street and for

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Speaker 2: the latest market moving headlines. Listen to Bloomberg Radio Live.

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