WEBVTT - AT&T Gains, Nike Slides, Super Micro Jumps

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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 2>in the stock market, harnessing the power of Bloomberg Data.

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<v Speaker 1>I'm Jim Steinebeck along with Carol Masser. Let's take a

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<v Speaker 1>look at some stocks on the move today. We're joined

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<v Speaker 1>by Bloomberg News cross asset reporter Danita Saykovadnitza. Let's start

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<v Speaker 1>with Telecom.

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<v Speaker 2>Yeah, at and T.

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<v Speaker 3>Let's start with the classics stick er. T stock is

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<v Speaker 3>up more than two percent Inardier trading is such a

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<v Speaker 3>search as much as six percent. It's all about subscribers.

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<v Speaker 3>It's all about bundles. The main metric that's catching my

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<v Speaker 3>eyes monthly wireless phone subscribers that are up. It's been

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<v Speaker 3>a very competitive field. The company is actually stilled down

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<v Speaker 3>eight percent here today. Despite this search we're seeing. We

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<v Speaker 3>saw some optimism across the industry Verizon team about all

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<v Speaker 3>those stock search It's been very competitive and hard to

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<v Speaker 3>kind of find a new you. It's like three big companies.

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<v Speaker 3>There isn't too many new things you can offer, but

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<v Speaker 3>they've been trying to bundle all those phone services, lower

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<v Speaker 3>price service, just lower pro They're actually raising price, So

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<v Speaker 3>that's not happening.

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<v Speaker 1>Well, I guess you want to catch my attention, just

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<v Speaker 1>lower your price.

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<v Speaker 3>Yeah, that's we move around so greatly. AT and T,

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<v Speaker 3>if you're watching, you.

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<v Speaker 1>Got to get on the Stanovac family plan.

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<v Speaker 3>Yeah, come on, Tom, are you listening?

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<v Speaker 2>Were watching?

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<v Speaker 3>But the convergence motto is working. One cool stat I

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<v Speaker 3>saw forty percent of households that purchase home broadband are

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<v Speaker 3>also buying a mobile phone service. So I guess we

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<v Speaker 3>should bundle and combine things. Yeah, I guess it'd get

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<v Speaker 3>a good deal. Yeah, all right.

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<v Speaker 1>For a long time, our family was too big for

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<v Speaker 1>the family plant.

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<v Speaker 3>You weren't on it anymore.

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<v Speaker 1>Oh, listen, for a long time I was. We weren't

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<v Speaker 1>on it because they didn't have a big enough family plan.

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<v Speaker 1>But then some of the companies got bigger family plans,

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<v Speaker 1>so now the family can can be part of it.

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<v Speaker 3>So interesting developments here. All right, let's go to So

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<v Speaker 3>that's AT and T. Let's go to Nike. Nike is

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<v Speaker 3>ending online sales agreements in China, potentially hundreds of distribution.

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<v Speaker 3>They've been really trying to work on that vision. Obviously,

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<v Speaker 3>that's been their soft spot. It's been under a lot

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<v Speaker 3>of pressure. They're trying to get tight control over pricing inventory,

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<v Speaker 3>and ending some of those partnerships might help that. Said,

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<v Speaker 3>investors are not too excited about the idea. The stock

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<v Speaker 3>is down two percent today, the ticker's anky EE, and

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<v Speaker 3>the stock is already down thirty seven percent year today.

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<v Speaker 3>We've seen progressis some regions, especially in North America, is

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<v Speaker 3>doing well, but investors are especially worried about China, and

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<v Speaker 3>it seems like this is not necessarily helping. The COO

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<v Speaker 3>is saying they're going to do a comprehensive reset of

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<v Speaker 3>the China operations. They're really investing in their actual shops there.

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<v Speaker 3>They have more than two hundred physical occasions. But nevertheless,

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<v Speaker 3>it seems like the new plan is not taken so well.

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<v Speaker 1>These seused to be about almost one hundred and seventy

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<v Speaker 1>eight dollars a share. That was back in late twenty

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<v Speaker 1>two twenty one. We've talked about a lot of the

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<v Speaker 1>troubles in China is certainly part of it. It fell

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<v Speaker 1>in twenty twenty two, Nike felt twenty nine percent. Twenty

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<v Speaker 1>twenty three, it fell six percent twenty twenty four, it

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<v Speaker 1>fell twenty nine percent in twenty twenty five, it fell

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<v Speaker 1>fourteen percent. Yeah, ticker NK Nike. Yeah, so if you've

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<v Speaker 1>been running, if it was a hill, you're running a

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<v Speaker 1>Nike sneakers.

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<v Speaker 3>It's been easy because it's all but.

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<v Speaker 2>Downhills for the most part. Wow.

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<v Speaker 1>Oh, sorry, that was harsh.

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<v Speaker 2>I'm sorry. Nike.

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<v Speaker 3>It's an incredible, iconic brand. It's iconic, and you've been

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<v Speaker 3>doing so many partnerships, and you know, they have a

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<v Speaker 3>schemes partnership, they have so many things. But so far,

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<v Speaker 3>investors are not excited.

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<v Speaker 1>All right, listen, you know who's excited investors and they

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<v Speaker 1>they're excited about.

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<v Speaker 3>Yeh, super micro computer. That's what they're excited about. Shares

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<v Speaker 3>sort as much as twenty six percent in their trading.

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<v Speaker 3>Now we're stealing double digit, about twenty percent. The ticker,

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<v Speaker 3>of course, is s m c I. The company said

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<v Speaker 3>it's backloak has reached our records. We're talking more than

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<v Speaker 3>sixty million in new orders during the quarter. That's quite

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<v Speaker 3>the backlog. Investors are pretty excited. That said, the company

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<v Speaker 3>hasn't been doing too well this year. It was actually

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<v Speaker 3>declined thirteen percent before the news. It has suffered twenty

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<v Speaker 3>eight percent fall and that was when they announced that

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<v Speaker 3>equity offerings worth seven billion, so investors were into exciting.

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<v Speaker 3>But those resorts are both posting. Their posting seem pretty good.

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<v Speaker 3>They say margins are going to interrange a fifteen to

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<v Speaker 3>seventeen percent. It's better world analysts are expecting. Everyone's looking

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<v Speaker 3>at profitability. So clearly investors are applicated, analysts are applicated,

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<v Speaker 3>and at least for now, for today, that's working. It's

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<v Speaker 3>crazy how one day can change the picture for the

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<v Speaker 3>whole year.

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<v Speaker 2>The Stock Mover's Report from Bloomberg Radio. Check back with

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