WEBVTT - American Eagle Falls, Broadcom Rises, Cracker Barrel Jumps as 2Q Revenue Beats Estimates

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<v Speaker 1>Bloomberg Audio Studios, podcasts, radio news, The Stock Movers Report,

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<v Speaker 1>your roundup of companies making moves in the stock market.

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<v Speaker 1>Harnessing the power of Bloomberg Data.

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<v Speaker 2>Let's take a look at some of the stocks on

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<v Speaker 2>the move today. We can do that with Bloomberg Television's

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<v Speaker 2>markets correspondent Normal Linda or what are you looking at?

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<v Speaker 3>Welcome my eyes on American Eagle Shares, that's ticker AEO.

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<v Speaker 3>We are seeing the stock down earlier as much as

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<v Speaker 3>thirteen percent for its worst day since April of twenty

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<v Speaker 3>twenty five. This is after the company said that the

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<v Speaker 3>most of its profit will be generated in the second

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<v Speaker 3>half of the year, so we were seeing a light

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<v Speaker 3>first half of the year profit outlook and net revenue

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<v Speaker 3>for the fourth quarter did beat the average analyst estimate,

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<v Speaker 3>but people are really just concerned about this idea of

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<v Speaker 3>the forecast for the first half of the year. So

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<v Speaker 3>you're seeing that weighing on shares today and training awesome.

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<v Speaker 3>Also keeping an eye on Broadcom a name that we've

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<v Speaker 3>been watching very closely. This is ticker AVGO. We are

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<v Speaker 3>seeing shares higher earlier, up as much as five point

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<v Speaker 3>nine percent in the trading day This is after the

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<v Speaker 3>trip Taker posted its first quarter results, topping expectations for

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<v Speaker 3>key metrics. They also gave a positive revenue outlook, and

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<v Speaker 3>analyst are especially encouraged by its AI related revenue. So

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<v Speaker 3>you are really seeing that booying shares of the company higher,

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<v Speaker 3>I mean, one of the bright spots in the market

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<v Speaker 3>right now. But if you take a look at a

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<v Speaker 3>year today basis this thought is down about three point

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<v Speaker 3>seven percent.

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<v Speaker 2>Yep, calling some of that text sell off we saw.

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<v Speaker 2>But what I think is interesting about some of these

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<v Speaker 2>chip companies is the visibility they have on their revenue. Yes,

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<v Speaker 2>and so he's calling out revenue into twenty seven to

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<v Speaker 2>twenty eight. Some good visibility there, right, That's usually what

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<v Speaker 2>the market likes to see. The Virel de crack as

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<v Speaker 2>Tom would.

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<v Speaker 3>Call it, cracker barrel, old country store. I had to

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<v Speaker 3>say the full name because you can't forget the store

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<v Speaker 3>in the front.

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<v Speaker 1>Right.

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<v Speaker 3>No tick or CBRL shares dropping as much as two

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<v Speaker 3>percent today right now, lower by about one point four percent.

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<v Speaker 3>This is after the company did report revenue for the

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<v Speaker 3>second quarter that beat expectations. But people are still kind

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<v Speaker 3>of trying to figure out how they feel more or broadly.

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<v Speaker 3>So you are seeing a bit of weakness on the

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<v Speaker 3>stock today, but on a rate basis, so far in

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<v Speaker 3>twenty twenty six, we see the stock is up about

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<v Speaker 3>nineteen percent. I mean, this is a place that I

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<v Speaker 3>used to go all the time in Virginia. I don't

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<v Speaker 3>know if either of you.

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<v Speaker 2>Have been, but the Country Boy Breakfast, Oh yeah, country

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<v Speaker 2>ham is my meat choice, the biscuits and gravy. They

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<v Speaker 2>can hold the apples and they can save the apples,

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<v Speaker 2>but that's not art role. And then I asked for

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<v Speaker 2>a picture of iced tea.

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<v Speaker 3>Oh and it's probably so good. I don't see him

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<v Speaker 3>here up north of stock.

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<v Speaker 2>You can't get you can't get it. You can't get it.

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<v Speaker 2>You can't get it.

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<v Speaker 3>Oh yeah, we'll get you a twobox.

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<v Speaker 2>So that was just a disaster. What happened to them

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<v Speaker 2>last year? Right b the rebrand. Hopefully they can get

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<v Speaker 2>themselves out of it. Looks like they're slowly getting back.

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<v Speaker 1>This Stock Movers report from Bloomberg Radio. Check back with

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