Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The Stock Movers Report,
Speaker 1: your roundup of companies making moves in the stock market.
Speaker 1: Harnessing the power of Bloomberg Data.
Speaker 2: Let's take a look at some of the stocks on
Speaker 2: the move today. We can do that with Bloomberg Television's
Speaker 2: markets correspondent Normal Linda or what are you looking at?
Speaker 3: Welcome my eyes on American Eagle Shares, that's ticker AEO.
Speaker 3: We are seeing the stock down earlier as much as
Speaker 3: thirteen percent for its worst day since April of twenty
Speaker 3: twenty five. This is after the company said that the
Speaker 3: most of its profit will be generated in the second
Speaker 3: half of the year, so we were seeing a light
Speaker 3: first half of the year profit outlook and net revenue
Speaker 3: for the fourth quarter did beat the average analyst estimate,
Speaker 3: but people are really just concerned about this idea of
Speaker 3: the forecast for the first half of the year. So
Speaker 3: you're seeing that weighing on shares today and training awesome.
Speaker 3: Also keeping an eye on Broadcom a name that we've
Speaker 3: been watching very closely. This is ticker AVGO. We are
Speaker 3: seeing shares higher earlier, up as much as five point
Speaker 3: nine percent in the trading day This is after the
Speaker 3: trip Taker posted its first quarter results, topping expectations for
Speaker 3: key metrics. They also gave a positive revenue outlook, and
Speaker 3: analyst are especially encouraged by its AI related revenue. So
Speaker 3: you are really seeing that booying shares of the company higher,
Speaker 3: I mean, one of the bright spots in the market
Speaker 3: right now. But if you take a look at a
Speaker 3: year today basis this thought is down about three point
Speaker 3: seven percent.
Speaker 2: Yep, calling some of that text sell off we saw.
Speaker 2: But what I think is interesting about some of these
Speaker 2: chip companies is the visibility they have on their revenue. Yes,
Speaker 2: and so he's calling out revenue into twenty seven to
Speaker 2: twenty eight. Some good visibility there, right, That's usually what
Speaker 2: the market likes to see. The Virel de crack as
Speaker 2: Tom would.
Speaker 3: Call it, cracker barrel, old country store. I had to
Speaker 3: say the full name because you can't forget the store
Speaker 3: in the front.
Speaker 1: Right.
Speaker 3: No tick or CBRL shares dropping as much as two
Speaker 3: percent today right now, lower by about one point four percent.
Speaker 3: This is after the company did report revenue for the
Speaker 3: second quarter that beat expectations. But people are still kind
Speaker 3: of trying to figure out how they feel more or broadly.
Speaker 3: So you are seeing a bit of weakness on the
Speaker 3: stock today, but on a rate basis, so far in
Speaker 3: twenty twenty six, we see the stock is up about
Speaker 3: nineteen percent. I mean, this is a place that I
Speaker 3: used to go all the time in Virginia. I don't
Speaker 3: know if either of you.
Speaker 2: Have been, but the Country Boy Breakfast, Oh yeah, country
Speaker 2: ham is my meat choice, the biscuits and gravy. They
Speaker 2: can hold the apples and they can save the apples,
Speaker 2: but that's not art role. And then I asked for
Speaker 2: a picture of iced tea.
Speaker 3: Oh and it's probably so good. I don't see him
Speaker 3: here up north of stock.
Speaker 2: You can't get you can't get it. You can't get it.
Speaker 2: You can't get it.
Speaker 3: Oh yeah, we'll get you a twobox.
Speaker 2: So that was just a disaster. What happened to them
Speaker 2: last year? Right b the rebrand. Hopefully they can get
Speaker 2: themselves out of it. Looks like they're slowly getting back.
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