WEBVTT - Amazon Rises, Crowdstrike Mixed, Kohl's Rebounds After Earnings Call

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<v Speaker 1>Bloomberg Audio Studios, podcasts, radio News.

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<v Speaker 2>The Stock Movers Report, your roundup of companies making moves

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<v Speaker 1>Stocks on the move, Nora me Linda joins us right now.

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<v Speaker 1>I was looking at the Amazon story earlier today. Why

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<v Speaker 1>are they raising debt? Because they can? They can do

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<v Speaker 1>it in a big way too.

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<v Speaker 3>Yes, looking at shares of Amazon Tiger AMZN, we're seeing

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<v Speaker 3>shares hire by about eight tens of percent right now

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<v Speaker 3>as we speak, and this is after the company said

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<v Speaker 3>it's targeting the equivalent of about thirty seven billion dollars

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<v Speaker 3>to forty two billion dollars in across Atlantic offering in

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<v Speaker 3>both dollars and euros. So we do know that the

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<v Speaker 3>sale is the latest in a series of jumbo note

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<v Speaker 3>offerings by hyperscalers that are really looking to invest hundreds

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<v Speaker 3>of billion of dollars in AI. We know that this

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<v Speaker 3>has really been the charge that many companies have been

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<v Speaker 3>fixated on. And the firm is marketing it's US high

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<v Speaker 3>gred debt and as many as eleven tranches, and it

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<v Speaker 3>also targets raising as much as about ten billion euros

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<v Speaker 3>from a potential eight part debt eurobond sales. So a

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<v Speaker 3>lot of action going on here as it really looks

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<v Speaker 3>to pay for some of the things that it has

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<v Speaker 3>in mind.

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<v Speaker 1>Because they ket is such a great answer for so

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<v Speaker 1>many questions of ourself, many questions. Yes, I mean as

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<v Speaker 1>an investor, though I don't think I'm going to get

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<v Speaker 1>rich off this either. The yield is like, you know,

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<v Speaker 1>under two percent.

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<v Speaker 3>Yeah, I mean, I think that this is one of

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<v Speaker 3>those things where it's so many companies in the tech space,

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<v Speaker 3>they're just spending so much money. But we do know

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<v Speaker 3>that what still remains underlying is that so many investors

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<v Speaker 3>are concerned as to whether or not all the money

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<v Speaker 3>that's being put on this effort to build out artificial

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<v Speaker 3>intelligence is actually going to pay off. Yeah, the ROI

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<v Speaker 3>on all of that.

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<v Speaker 1>All right, let's stay in the tech space. You've got

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<v Speaker 1>another name for us.

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<v Speaker 3>Yes, Look, he has shares of CrowdStrike Tick or crwd

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<v Speaker 3>also higher up right now about four tenths of a percent,

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<v Speaker 3>pairing an earlier gain of about a three point two

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<v Speaker 3>percent gain. This is after Morgan Stanley raised the company

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<v Speaker 3>to overweight from equal weight. They're saying that the platform

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<v Speaker 3>is a winner from the AI positioning and its growth

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<v Speaker 3>outlook is promising. Looking on a year today scope, this

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<v Speaker 3>stock hasn't done particularly well. It's down about seven percent

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<v Speaker 3>so far for twenty twenty six. But Morgan Stanley essentially

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<v Speaker 3>putting their weight behind it, saying that they think that

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<v Speaker 3>this is a good name to look at. You're clearly

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<v Speaker 3>seeing the street reacting to that.

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<v Speaker 1>All right, well else you got lastly.

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<v Speaker 3>I want to take a look at shares of calls

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<v Speaker 3>ticker KSS. We're seeing a stock that's earlier surge as

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<v Speaker 3>much as fourteen percent for double digit gains. Right now

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<v Speaker 3>it's up about eight percent. And this is after the

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<v Speaker 3>company said that it was pleased with its performance so

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<v Speaker 3>far this year on a call with analysts, but in

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<v Speaker 3>the back. But it's interesting that we're seeing this rebounds.

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<v Speaker 3>I mean, if you take a look at what some

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<v Speaker 3>analysts are saying, we know, Bloomberg Intelligence, they said that

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<v Speaker 3>they believe that this is a short squeeze. We saw

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<v Speaker 3>some data that came out of Estuary Partners that are

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<v Speaker 3>essentially saying that short interest is about twenty six percent

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<v Speaker 3>of the float.

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<v Speaker 2>So we do know.

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<v Speaker 3>Earlier the company did report that it was you know

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<v Speaker 3>kind of losing ground a bit. We did see that

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<v Speaker 3>it reported a bigger sales drop than expected last quarter,

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<v Speaker 3>so it's interesting to see this upside reaction after that report.

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