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 --> 00:00:15,880 Speaker 2: in the stock market, harnessing the power of Bloomberg Data. 4 00:00:16,800 --> 00:00:19,880 Speaker 1: Stocks on the move, Nora me Linda joins us right now. 5 00:00:20,040 --> 00:00:23,600 Speaker 1: I was looking at the Amazon story earlier today. Why 6 00:00:23,640 --> 00:00:27,159 Speaker 1: are they raising debt? Because they can? They can do 7 00:00:27,200 --> 00:00:28,360 Speaker 1: it in a big way too. 8 00:00:28,680 --> 00:00:31,840 Speaker 3: Yes, looking at shares of Amazon Tiger AMZN, we're seeing 9 00:00:31,840 --> 00:00:34,440 Speaker 3: shares hire by about eight tens of percent right now 10 00:00:34,720 --> 00:00:36,600 Speaker 3: as we speak, and this is after the company said 11 00:00:36,600 --> 00:00:40,280 Speaker 3: it's targeting the equivalent of about thirty seven billion dollars 12 00:00:40,280 --> 00:00:43,839 Speaker 3: to forty two billion dollars in across Atlantic offering in 13 00:00:43,920 --> 00:00:46,199 Speaker 3: both dollars and euros. So we do know that the 14 00:00:46,240 --> 00:00:48,480 Speaker 3: sale is the latest in a series of jumbo note 15 00:00:48,520 --> 00:00:51,960 Speaker 3: offerings by hyperscalers that are really looking to invest hundreds 16 00:00:51,960 --> 00:00:54,680 Speaker 3: of billion of dollars in AI. We know that this 17 00:00:54,720 --> 00:00:56,960 Speaker 3: has really been the charge that many companies have been 18 00:00:57,000 --> 00:00:59,760 Speaker 3: fixated on. And the firm is marketing it's US high 19 00:00:59,760 --> 00:01:02,440 Speaker 3: gred debt and as many as eleven tranches, and it 20 00:01:02,520 --> 00:01:05,720 Speaker 3: also targets raising as much as about ten billion euros 21 00:01:05,760 --> 00:01:08,360 Speaker 3: from a potential eight part debt eurobond sales. So a 22 00:01:08,360 --> 00:01:10,960 Speaker 3: lot of action going on here as it really looks 23 00:01:11,000 --> 00:01:12,960 Speaker 3: to pay for some of the things that it has 24 00:01:13,000 --> 00:01:13,640 Speaker 3: in mind. 25 00:01:14,200 --> 00:01:16,000 Speaker 1: Because they ket is such a great answer for so 26 00:01:16,080 --> 00:01:18,560 Speaker 1: many questions of ourself, many questions. Yes, I mean as 27 00:01:18,600 --> 00:01:20,720 Speaker 1: an investor, though I don't think I'm going to get 28 00:01:20,760 --> 00:01:23,280 Speaker 1: rich off this either. The yield is like, you know, 29 00:01:23,560 --> 00:01:24,400 Speaker 1: under two percent. 30 00:01:25,440 --> 00:01:26,840 Speaker 3: Yeah, I mean, I think that this is one of 31 00:01:26,840 --> 00:01:29,160 Speaker 3: those things where it's so many companies in the tech space, 32 00:01:29,160 --> 00:01:31,400 Speaker 3: they're just spending so much money. But we do know 33 00:01:31,440 --> 00:01:34,080 Speaker 3: that what still remains underlying is that so many investors 34 00:01:34,120 --> 00:01:35,800 Speaker 3: are concerned as to whether or not all the money 35 00:01:35,840 --> 00:01:38,120 Speaker 3: that's being put on this effort to build out artificial 36 00:01:38,120 --> 00:01:41,280 Speaker 3: intelligence is actually going to pay off. Yeah, the ROI 37 00:01:41,319 --> 00:01:42,000 Speaker 3: on all of that. 38 00:01:42,080 --> 00:01:44,080 Speaker 1: All right, let's stay in the tech space. You've got 39 00:01:44,080 --> 00:01:44,920 Speaker 1: another name for us. 40 00:01:45,040 --> 00:01:48,040 Speaker 3: Yes, Look, he has shares of CrowdStrike Tick or crwd 41 00:01:48,360 --> 00:01:51,880 Speaker 3: also higher up right now about four tenths of a percent, 42 00:01:52,280 --> 00:01:55,480 Speaker 3: pairing an earlier gain of about a three point two 43 00:01:55,520 --> 00:01:59,000 Speaker 3: percent gain. This is after Morgan Stanley raised the company 44 00:01:59,160 --> 00:02:01,720 Speaker 3: to overweight from equal weight. They're saying that the platform 45 00:02:01,800 --> 00:02:04,040 Speaker 3: is a winner from the AI positioning and its growth 46 00:02:04,080 --> 00:02:06,960 Speaker 3: outlook is promising. Looking on a year today scope, this 47 00:02:07,000 --> 00:02:10,240 Speaker 3: stock hasn't done particularly well. It's down about seven percent 48 00:02:10,520 --> 00:02:13,480 Speaker 3: so far for twenty twenty six. But Morgan Stanley essentially 49 00:02:13,480 --> 00:02:15,440 Speaker 3: putting their weight behind it, saying that they think that 50 00:02:15,520 --> 00:02:17,680 Speaker 3: this is a good name to look at. You're clearly 51 00:02:17,720 --> 00:02:19,280 Speaker 3: seeing the street reacting to that. 52 00:02:19,480 --> 00:02:21,639 Speaker 1: All right, well else you got lastly. 53 00:02:21,360 --> 00:02:23,359 Speaker 3: I want to take a look at shares of calls 54 00:02:23,560 --> 00:02:26,720 Speaker 3: ticker KSS. We're seeing a stock that's earlier surge as 55 00:02:26,800 --> 00:02:29,360 Speaker 3: much as fourteen percent for double digit gains. Right now 56 00:02:29,360 --> 00:02:31,919 Speaker 3: it's up about eight percent. And this is after the 57 00:02:32,000 --> 00:02:34,120 Speaker 3: company said that it was pleased with its performance so 58 00:02:34,160 --> 00:02:36,680 Speaker 3: far this year on a call with analysts, but in 59 00:02:36,720 --> 00:02:40,839 Speaker 3: the back. But it's interesting that we're seeing this rebounds. 60 00:02:41,040 --> 00:02:42,280 Speaker 3: I mean, if you take a look at what some 61 00:02:42,440 --> 00:02:45,000 Speaker 3: analysts are saying, we know, Bloomberg Intelligence, they said that 62 00:02:45,000 --> 00:02:47,079 Speaker 3: they believe that this is a short squeeze. We saw 63 00:02:47,120 --> 00:02:49,200 Speaker 3: some data that came out of Estuary Partners that are 64 00:02:49,480 --> 00:02:52,800 Speaker 3: essentially saying that short interest is about twenty six percent 65 00:02:52,919 --> 00:02:53,680 Speaker 3: of the float. 66 00:02:53,760 --> 00:02:54,720 Speaker 2: So we do know. 67 00:02:54,800 --> 00:02:57,880 Speaker 3: Earlier the company did report that it was you know 68 00:02:57,960 --> 00:02:59,919 Speaker 3: kind of losing ground a bit. We did see that 69 00:03:00,760 --> 00:03:03,200 Speaker 3: it reported a bigger sales drop than expected last quarter, 70 00:03:03,320 --> 00:03:07,560 Speaker 3: so it's interesting to see this upside reaction after that report. 71 00:03:08,560 --> 00:03:12,800 Speaker 2: The Stockmovers report from Bloomberg Radio. 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