Speaker 1: Bloomberg Audio Studios, podcasts, radio news.
Speaker 2: This is the closing bell on this stock movers report
Speaker 2: the company's making moves at the close of US trading
Speaker 2: with Carol Masser, Tim Stenebeck, Romain Bostik, and Katie Greifeler.
Speaker 3: Remember, in an environment where consumers are focused on value,
Speaker 3: that's exactly what McDonald's is leaning into and has been.
Speaker 3: The company's chairman and CEO Chris Kemsinski saying that McDonald's
Speaker 3: value leadership is working quote by listening to customers and
Speaker 3: taking action, we have improved traffic and strengthened our value
Speaker 3: and affordability scores. That focus helped increase global system wide
Speaker 3: sales by eight percent, delivered strong comp sales growth across
Speaker 3: all segments this quarter. The momentum we've built reinforces the
Speaker 3: progress we've made with our strategy and has earned us
Speaker 3: the right to look forward together as a system.
Speaker 1: All right, So, just to rehash, we've got now McDonald's
Speaker 1: bouncing around here but up about two point seven percent
Speaker 1: here in the aftermarket again, US sales growing at the
Speaker 1: fastest pace in more than two years in the fourth quarter.
Speaker 1: Value meals continue to resonate with cost conscious diners companies
Speaker 1: focus on affordability helped improve traffic in the fourth quarter.
Speaker 1: Diners also spending more per visit in the United States
Speaker 1: due to successful marketing promotions. That's the words of the company,
Speaker 1: and so our team kind of doing some analysis. Red
Speaker 1: Brown thank you so much at Bloomberg News, saying that
Speaker 1: the results suggests that McDonald's gaining markets share as consumers
Speaker 1: change their spending habits in response to higher costs, despite
Speaker 1: its decline in operating margin that did miss Wall Street expectations.
Speaker 1: Always keeping an eye on margins. All right, as we
Speaker 1: watch for some more earnings, including Cisco to report after
Speaker 1: the closing bell, let's go to some of the individual gainers.
Speaker 1: This was the number one gainer in the S and
Speaker 1: P five hundred. We're talking about Generak holdings, this one
Speaker 1: finishing just off its highs of the day, but still
Speaker 1: good enough for gain of about eighteen percent in the
Speaker 1: Wednesday trade maker of Generators forecasting a twenty twenty six
Speaker 1: ebit of margin range with the midpoint above Alics consensus.
Speaker 1: We should point out that net sales for the fourth
Speaker 1: quarter did miss analyst estimates, but Kibang coming out and
Speaker 1: saying that they do expect shares to trade higher on
Speaker 1: that twenty twenty six outlook and positive data center developments.
Speaker 1: Keep in mind the stocks up about sixty percent year
Speaker 1: to date, third best performer in the s and P
Speaker 1: five hundred. Here in twenty twenty six, we caught up
Speaker 1: with the company's CEO and they really entered big time
Speaker 1: in the fourth quarter into the AI world, and that's
Speaker 1: by offering up some large megawatt generators. So that is
Speaker 1: a big play in big generator huh pun intended when
Speaker 1: it comes to their financials going forward, So some good
Speaker 1: stuff there. This is when we don't talk about tickers
Speaker 1: s w Smurfitt, West Rock and that one finishing with
Speaker 1: a gain of just shy of ten percent. Stock is
Speaker 1: up about thirty percent year to date and again a
Speaker 1: top gainer in the SMP five hundred, up the most
Speaker 1: I think since around July of twenty twenty four, after
Speaker 1: the packaging company reported adj justa ibita for the fourth
Speaker 1: quarter that beat the average analyst estimate. So some outperformance there.
Speaker 1: And one more Micron Technology great reader when it comes
Speaker 1: to the semi space, up almost ten percent in today's session,
Speaker 1: a top gainer in the Nasdaq one hundred. The company
Speaker 1: CFO Mark Murphy assuring investors at the company is producing
Speaker 1: it's new much prized HBM four memory chips in high volumes.
Speaker 1: That product line is the leadst generation of Micron's high
Speaker 1: bandwidth memory now being delivered to customers. Murphy coming out
Speaker 1: saying this during a research event put on by Wolf Research,
Speaker 1: and that stock is up about forty percent year to day.
Speaker 3: Tim All right, Well, Cisco just crossing second quarter adjusted
Speaker 3: earnings per share did beat estimates, second quarter adjusted gross margin,
Speaker 3: coming in shy of estimates at sixty seven point five percent.
Speaker 3: Second quarter services revenue. This is a look back three
Speaker 3: point seven one per billion dollars. That beat estimate. Second
Speaker 3: quarter adjusted EPs beat estimates at a dollar four. Second
Speaker 3: quarter product revenue beat estimates at eleven point six four
Speaker 3: billion dollars. Second quarter revenue all in coming in just
Speaker 3: above estimates at fifteen point three billion dollars. Here's the
Speaker 3: red headline, though, and it's the outlook. Cisco sees fiscal
Speaker 3: You're adjusted earnings per share four dollars and thirteen cents
Speaker 3: to four dollars and seventeen cents. The company saw four
Speaker 3: dollars and eight cents to four dollars and fourteen cents
Speaker 3: after hours, Scarlett Cisco shares hired by about one point
Speaker 3: five percent.
Speaker 4: Yeah, you gave the bottom line outlook from Cisco. Here's
Speaker 4: the top line outlook from Cisco. Full your revenue sixty
Speaker 4: one point two billion to sixty one point seven billion.
Speaker 4: Previously it had seen sixty point two billion to sixty
Speaker 4: one billion, so raising the range of its revenue forecast.
Speaker 4: There you can see the stock currently up about one
Speaker 4: point three percent at the moment, all the company boosting.
Speaker 3: It's dived in two percent as well, to forty two
Speaker 3: cents per share. Just a little preview for what we
Speaker 3: got coming up in just a few minutes. Wou Jinho
Speaker 3: is senior Hardware, a networking analyst. He's on set with
Speaker 3: us right now. He's listening, he's looking at the Bloomberg.
Speaker 3: He's taken notes for what we're going to be talking about.
Speaker 3: Cisco shares hired by about one one point one percent
Speaker 3: in the after hours. Let's go to some of the
Speaker 3: decliners on the day. Will we potentially await more earnings
Speaker 3: and analysis shares A Mattel look at this twenty five
Speaker 3: percent to the downside. This is the biggest plunge going
Speaker 3: back to nineteen ninety nine. Holiday results fell short of
Speaker 3: analysts estimates. The company issued a twenty twenty six forecast
Speaker 3: for lower profit. The stock was up six point one
Speaker 3: percent through the year. For the close of regular trading yesterday,
Speaker 3: fourth quarter earnings excluding some items total thirty nine cents
Speaker 3: a share, that missed the fifty four cent average of
Speaker 3: analysts estimates. The company said that shortfall in December sales
Speaker 3: in the US that grew less than projected also shares
Speaker 3: of Robinhood taking tumble today. The company announcing earnings yesterday
Speaker 3: after the close. Shares felt today by eight point eight
Speaker 3: percent lower fourth quarter profit due to sharp declines in
Speaker 3: bitcoin and other cryptocurrencies. But vlad Tenev he said that
Speaker 3: the companies at the beginning of a prediction market super
Speaker 3: psychicly aims to expand into several new markets later this year.
Speaker 3: I know you guys spoke with him a little about
Speaker 3: an hour ago. What did he tell you didn't? Yeah,
Speaker 3: what did he say?
Speaker 5: Talk a lot about prediction markets and that super cycle.
Speaker 5: We talked a bit about, you know, what kind of
Speaker 5: returns their customers are actually seeing when it comes to
Speaker 5: prediction monekets.
Speaker 3: Did you say returns in prediction markets?
Speaker 5: I did see you're talking.
Speaker 3: About returns like we're talking about returns on a stock, right,
Speaker 3: or when is that how we should be looking at
Speaker 3: prediction markets.
Speaker 5: Well, I'm not making that case, but I am talking about,
Speaker 5: you know, whether or not people are seeing money when
Speaker 5: they make bets on prediction markets or.
Speaker 3: I heard the house always win.
Speaker 5: A lot of market money. Well, you know that is
Speaker 5: the sneaking suspicion out there, Tim, And certainly there's been
Speaker 5: a lot of research, a lot of academic studies, and
Speaker 5: also just a lot of concern about, you know, whether
Speaker 5: people are getting their faces ripped off.
Speaker 3: So yeah, I mean I think and Carol brought this
Speaker 3: up a little early on our program. We were talking
Speaker 3: about this the regulators out there, right, if you're a
Speaker 3: sports gambling site or app, and you're regulated in a
Speaker 3: different way than than one of these apps than like
Speaker 3: a prediction market, it's up like, you know, we got
Speaker 3: to potentially see some regulatory changes down the line, or
Speaker 3: regulatory risk, I guess you could say. Finally, Shares of
Speaker 3: Lift taking a hit today. The company fell after the
Speaker 3: shares fell after the company issued a disappointing forecast at
Speaker 3: miss Wall Street estimates down seventeen percent on the day.
Speaker 2: Today the Stock Movers Report from Bloomberg Radio. Check back
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