1 00:00:02,520 --> 00:00:09,960 Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The Stock Movers Report, 2 00:00:10,240 --> 00:00:13,440 Speaker 1: your roundup of companies making moves in the stock market. 3 00:00:13,680 --> 00:00:16,200 Speaker 1: Harnessing the power of Bloomberg Data. 4 00:00:16,400 --> 00:00:18,040 Speaker 2: Let's take a look at some of the stocks on 5 00:00:18,160 --> 00:00:20,720 Speaker 2: the move today. We can do that with Bloomberg Television's 6 00:00:20,720 --> 00:00:23,080 Speaker 2: markets correspondent Normal Linda or what are you looking at? 7 00:00:23,400 --> 00:00:26,759 Speaker 3: Welcome my eyes on American Eagle Shares, that's ticker AEO. 8 00:00:26,960 --> 00:00:29,480 Speaker 3: We are seeing the stock down earlier as much as 9 00:00:29,520 --> 00:00:32,560 Speaker 3: thirteen percent for its worst day since April of twenty 10 00:00:32,600 --> 00:00:34,760 Speaker 3: twenty five. This is after the company said that the 11 00:00:34,800 --> 00:00:36,960 Speaker 3: most of its profit will be generated in the second 12 00:00:37,159 --> 00:00:39,920 Speaker 3: half of the year, so we were seeing a light 13 00:00:40,120 --> 00:00:42,800 Speaker 3: first half of the year profit outlook and net revenue 14 00:00:42,800 --> 00:00:44,920 Speaker 3: for the fourth quarter did beat the average analyst estimate, 15 00:00:45,000 --> 00:00:47,320 Speaker 3: but people are really just concerned about this idea of 16 00:00:47,360 --> 00:00:49,199 Speaker 3: the forecast for the first half of the year. So 17 00:00:49,200 --> 00:00:51,720 Speaker 3: you're seeing that weighing on shares today and training awesome. 18 00:00:52,600 --> 00:00:54,840 Speaker 3: Also keeping an eye on Broadcom a name that we've 19 00:00:54,880 --> 00:00:58,880 Speaker 3: been watching very closely. This is ticker AVGO. We are 20 00:00:58,920 --> 00:01:01,840 Speaker 3: seeing shares higher earlier, up as much as five point 21 00:01:01,920 --> 00:01:04,200 Speaker 3: nine percent in the trading day This is after the 22 00:01:04,240 --> 00:01:07,440 Speaker 3: trip Taker posted its first quarter results, topping expectations for 23 00:01:07,520 --> 00:01:10,360 Speaker 3: key metrics. They also gave a positive revenue outlook, and 24 00:01:10,440 --> 00:01:13,800 Speaker 3: analyst are especially encouraged by its AI related revenue. So 25 00:01:13,840 --> 00:01:17,240 Speaker 3: you are really seeing that booying shares of the company higher, 26 00:01:17,280 --> 00:01:18,759 Speaker 3: I mean, one of the bright spots in the market 27 00:01:18,800 --> 00:01:19,800 Speaker 3: right now. But if you take a look at a 28 00:01:19,880 --> 00:01:22,240 Speaker 3: year today basis this thought is down about three point 29 00:01:22,280 --> 00:01:22,959 Speaker 3: seven percent. 30 00:01:23,240 --> 00:01:25,680 Speaker 2: Yep, calling some of that text sell off we saw. 31 00:01:25,760 --> 00:01:27,720 Speaker 2: But what I think is interesting about some of these 32 00:01:27,800 --> 00:01:30,680 Speaker 2: chip companies is the visibility they have on their revenue. Yes, 33 00:01:31,000 --> 00:01:33,160 Speaker 2: and so he's calling out revenue into twenty seven to 34 00:01:33,240 --> 00:01:36,160 Speaker 2: twenty eight. Some good visibility there, right, That's usually what 35 00:01:36,200 --> 00:01:40,360 Speaker 2: the market likes to see. The Virel de crack as 36 00:01:40,400 --> 00:01:41,120 Speaker 2: Tom would. 37 00:01:40,880 --> 00:01:43,360 Speaker 3: Call it, cracker barrel, old country store. I had to 38 00:01:43,400 --> 00:01:45,000 Speaker 3: say the full name because you can't forget the store 39 00:01:45,040 --> 00:01:45,440 Speaker 3: in the front. 40 00:01:45,600 --> 00:01:45,720 Speaker 1: Right. 41 00:01:45,800 --> 00:01:49,640 Speaker 3: No tick or CBRL shares dropping as much as two 42 00:01:49,640 --> 00:01:52,760 Speaker 3: percent today right now, lower by about one point four percent. 43 00:01:53,040 --> 00:01:55,520 Speaker 3: This is after the company did report revenue for the 44 00:01:55,520 --> 00:01:58,200 Speaker 3: second quarter that beat expectations. But people are still kind 45 00:01:58,200 --> 00:02:00,520 Speaker 3: of trying to figure out how they feel more or broadly. 46 00:02:00,560 --> 00:02:02,120 Speaker 3: So you are seeing a bit of weakness on the 47 00:02:02,120 --> 00:02:04,400 Speaker 3: stock today, but on a rate basis, so far in 48 00:02:04,480 --> 00:02:06,120 Speaker 3: twenty twenty six, we see the stock is up about 49 00:02:06,200 --> 00:02:08,640 Speaker 3: nineteen percent. I mean, this is a place that I 50 00:02:08,720 --> 00:02:10,280 Speaker 3: used to go all the time in Virginia. I don't 51 00:02:10,280 --> 00:02:11,040 Speaker 3: know if either of you. 52 00:02:11,000 --> 00:02:14,480 Speaker 2: Have been, but the Country Boy Breakfast, Oh yeah, country 53 00:02:14,480 --> 00:02:17,040 Speaker 2: ham is my meat choice, the biscuits and gravy. They 54 00:02:17,040 --> 00:02:19,519 Speaker 2: can hold the apples and they can save the apples, 55 00:02:19,520 --> 00:02:21,400 Speaker 2: but that's not art role. And then I asked for 56 00:02:21,480 --> 00:02:22,680 Speaker 2: a picture of iced tea. 57 00:02:23,080 --> 00:02:25,800 Speaker 3: Oh and it's probably so good. I don't see him 58 00:02:25,840 --> 00:02:26,640 Speaker 3: here up north of stock. 59 00:02:26,680 --> 00:02:28,600 Speaker 2: You can't get you can't get it. You can't get it. 60 00:02:28,720 --> 00:02:29,200 Speaker 2: You can't get it. 61 00:02:29,200 --> 00:02:30,440 Speaker 3: Oh yeah, we'll get you a twobox. 62 00:02:30,480 --> 00:02:32,600 Speaker 2: So that was just a disaster. What happened to them 63 00:02:32,800 --> 00:02:35,120 Speaker 2: last year? Right b the rebrand. Hopefully they can get 64 00:02:35,120 --> 00:02:36,880 Speaker 2: themselves out of it. Looks like they're slowly getting back. 65 00:02:38,080 --> 00:02:42,080 Speaker 1: This Stock Movers report from Bloomberg Radio. Check back with 66 00:02:42,160 --> 00:02:44,760 Speaker 1: us throughout the day for the latest roundup of companies 67 00:02:44,840 --> 00:02:47,919 Speaker 1: making news on Wall Street and for the latest market 68 00:02:47,960 --> 00:02:52,440 Speaker 1: moving headlines. Listen to Bloomberg Radio Live Catch us on YouTube, 69 00:02:52,520 --> 00:02:56,000 Speaker 1: Bloomberg dot com, and on Applecarplay and Android Auto with 70 00:02:56,080 --> 00:02:57,560 Speaker 1: the Bloomberg Business app.