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 1: But I'm Carol Master, a longer term static. Let's get
Speaker 1: to some stocks on the move on this Wednesday with
Speaker 1: us as Bloomberg News earning specialist.
Speaker 3: It's pou with us.
Speaker 1: She's got some stock movers. Where shall we begin?
Speaker 3: I think we have to start. We don't want to
Speaker 3: report it today, Dear take a d Does this your
Speaker 3: farm equipment maker? So it seems like investors are reacting
Speaker 3: negatively after the company put out a week outlook. You know,
Speaker 3: it has been struggling because tariffs have her demand for crops,
Speaker 3: and I think this out look kind of shows doubts
Speaker 3: about whether the US China deal to resume crop shipments
Speaker 3: were meaningfully boost demand. And we know know the industry
Speaker 3: has already been dealing with a couple of issues. Crop
Speaker 3: prices have been low and the cost of seats, fertilizersment's
Speaker 3: keep rising. So it kind of shows that farmers are
Speaker 3: having a tough time affording new machines right now, and
Speaker 3: that's hurting gear.
Speaker 4: Yeah, this is A. You know, we talked to brook
Speaker 4: Sutherland earlier on this, and you know, asking the question
Speaker 4: of whether there's a bell weather and industrials and what
Speaker 4: this means for the farm economy and also how could
Speaker 4: the outlook and change if the farmers do, indeed in
Speaker 4: the US get a bailout from President Trump.
Speaker 1: And I think this is what's difficult, right to trade
Speaker 1: the tariffs, Like things feel like they're constantly moving, and
Speaker 1: so you have to kind of try it. How do
Speaker 1: you run a business when the targets keep moving? All right?
Speaker 1: De dear, as you said, down more than four percent
Speaker 1: today's session HPQ. Those earnings came out late last night.
Speaker 3: Yeah, and it seems to still be down because it
Speaker 3: is shut an outlook a spilo expectations hp lame the
Speaker 3: high cost of memory tips that go into computers. It
Speaker 3: also became the latest company to report lay after due
Speaker 3: to AI. It said it will cut four thousand to
Speaker 3: six thousand employees over in the next two years and
Speaker 3: replace them with AI tools. That's about seven to ten
Speaker 3: percent of its corent workforce.
Speaker 4: You know, what's what I find fascinating about this is
Speaker 4: like this is through fiscal twenty twenty eight We're a
Speaker 4: few years away from fiscal twenty twenty eight, so you
Speaker 4: could you know, you could do this through layoffs, you
Speaker 4: could do it through not hiring when people leave, and
Speaker 4: there are other ways to do this. But also the AI.
Speaker 4: Think about how much AI has changed just in the
Speaker 4: last year and the way that people use it, Like,
Speaker 4: how can you predict how a company that you run
Speaker 4: is going to be using AI in the next two
Speaker 4: or three years.
Speaker 1: I feel like there's so many unknowns, Like these projections
Speaker 1: I think are really difficult. Ye that out there right?
Speaker 1: I feel like a lot could change TVD Yeah, I.
Speaker 3: Like to say a lot volatile world.
Speaker 4: Workday.
Speaker 2: Yeah.
Speaker 3: So this is what daytik a wday is at HR
Speaker 3: Software Maker. As another start, it took quite a bit
Speaker 3: of a beating today. It actually had results that beat estimates,
Speaker 3: but there are questions from analysts about how much of
Speaker 3: that is from an acquisition I mean in October, and
Speaker 3: how much of that is organic growth. Analysts also co
Speaker 3: certain about Maguins going forward because it gave a guidance
Speaker 3: that was below estimates. For example, Bloomberg Intelligence you know,
Speaker 3: pointed out that latch companies are cutting workers, are not
Speaker 3: hiring so it's going to be hot for a work
Speaker 3: day to find you clients.
Speaker 4: Yeah, that's a big concern. I mean that's like an
Speaker 4: economic a big concern about the economy.
Speaker 1: Yeah, exactly. I mean it's such a great read, right
Speaker 1: when we talk about the labor force. I mean the
Speaker 1: stocks went down about seventeen percent year to date. I
Speaker 1: just feel like, and I think about the conversation that
Speaker 1: we had today looking at the FED page book, and
Speaker 1: like we're looking at a lot of different factors and
Speaker 1: what these types of companies say about their environment to
Speaker 1: try to get an idea of what's to come. It's
Speaker 1: it's a weird time, right, there's lots of questions.
Speaker 3: Yeah, I think just no one knows.
Speaker 1: Right, what's the next earning season?
Speaker 3: Well, it's going to be soon after Christmas?
Speaker 4: Right, yeah, get ready for gear, ready for j warri
Speaker 4: start you know in an early part of January.
Speaker 1: Just say nothing, you're already thinking about that.
Speaker 4: We're barely through retail earnings at the point.
Speaker 1: I just think, you know, it's when we get an
Speaker 1: idea of how things are doing. Stock marketing kind of.
Speaker 4: Terminal says January thirteenth for JP Morgan, Right now, so yeah,
Speaker 4: We'll see if that.
Speaker 1: Well, Jamie us cockroach.
Speaker 4: We use weather weather. This is not yoga, Okay, I'm just.
Speaker 1: Saying what bug will he lean on?
Speaker 2: Rachel?
Speaker 1: Thank you so much. Really appreciate Rachel Plas. She's Bloomberg
Speaker 1: News Earning specialist.
Speaker 2: Joining us with Stockmovers, the Stockmovers Report from Bloomberg Radio.
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