WEBVTT - Disney Brings Back Kimmel, Oracle Soars, Lennar Falls

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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>Let's take a look at some stocks on the move today.

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<v Speaker 1>I'm Tim Steneveek, joined by Nora Melnda. She's Bloomberg Television

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<v Speaker 1>Markets correspondent. Nora. No shortage of things moving, especially late

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<v Speaker 1>in the session today.

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<v Speaker 3>Lots going on. At the end of the session today,

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<v Speaker 3>I was looking at shares of Disney. Let's take her

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<v Speaker 3>ds here. We looked at Cheers that fell one percent

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<v Speaker 3>at the closing bell. But it was interesting because, of

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<v Speaker 3>course what we saw right as we were about to

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<v Speaker 3>hit the close today is the fact that Jimmy Kimme

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<v Speaker 3>Alive will actually be returning to airways after backlash. This

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<v Speaker 3>will be resuming back on Tuesday. Of course, we know

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<v Speaker 3>that the ABC late night host was really pushed away

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<v Speaker 3>off the show, and so we're really seeing him coming back.

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<v Speaker 3>And it's really been after the fact that there's been

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<v Speaker 3>so much prote ask, so much uncertainty about what was

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<v Speaker 3>going to happen with Jimmy Kimil and whether or not

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<v Speaker 3>the show would be able to continue here. But we

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<v Speaker 3>did see this news come out, and we did see

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<v Speaker 3>the stock pairing some of his declines, but of course

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<v Speaker 3>still ending there in the red.

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<v Speaker 1>Yeah, I fell as much as two percent in the

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<v Speaker 1>session and then bounced from that later in the session

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<v Speaker 1>when we got that news. The Bloomberg News team reporting

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<v Speaker 1>that Jimmy Kimo will address the controversy when he returns

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<v Speaker 1>to the stage. That's according to people with knowledge of

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<v Speaker 1>the matter who asked not to be identified. Something tells

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<v Speaker 1>me the story is not over yet, though not.

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<v Speaker 3>Over at all here. Also looking at shares of Oracle,

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<v Speaker 3>let's take a look there, chick her there o rcl

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<v Speaker 3>it earlier hit an entranty record. Of course, we know

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<v Speaker 3>this stock has really been in the news quite a

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<v Speaker 3>bit recently. It settled about a gain of six point

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<v Speaker 3>three percent at the close today. But this is after

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<v Speaker 3>the idea that TikTok's algorithm is going to be secured

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<v Speaker 3>by the company under a Trump deal here, so Oracle

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<v Speaker 3>with provide security and help oversee the recreation of a

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<v Speaker 3>new US version of TikTok's algorith them great news for them,

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<v Speaker 3>especially as you think about all these companies right now

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<v Speaker 3>clamoring for any sort of access to take text algorithm.

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<v Speaker 3>Considering all all that they've really gained over the past

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<v Speaker 3>year and all the attraction.

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<v Speaker 1>Yeah, it's been really at the center of so many

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<v Speaker 1>different stories. There's some executive shuffle there today as well. Saffracats,

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<v Speaker 1>the company's longtime CEO all the way back since twenty fourteen,

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<v Speaker 1>and she led the company with Mark Hurd until twenty nineteen.

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<v Speaker 1>She is taking a step back and a few other

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<v Speaker 1>folks are going to be stepping in in her place.

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<v Speaker 1>Clay Magarook and Mike cecilia Are will become the co

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<v Speaker 1>chief executive officers, signaling the company's focus on its rapidly

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<v Speaker 1>expanding cloud computing business. So lots of news in the

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<v Speaker 1>cloud world. Much to cover there, okay, from the clouds

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<v Speaker 1>down to the ground. Because you in your DNA you

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<v Speaker 1>cover homebuilders absolutely.

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<v Speaker 3>Looking at shares. You can never escape it, never escape,

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<v Speaker 3>it doesn't matter what we talk about. Have to bring

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<v Speaker 3>it back to the US housing market here. Let's look

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<v Speaker 3>at shares of Lenar. They close lower by four point

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<v Speaker 3>three percent at the closing bell today, and this after

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<v Speaker 3>Raymond James and Analys over there cut the recommendation on

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<v Speaker 3>the homebuilder to underperform from market perform. Of course, we

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<v Speaker 3>know this company reported earnings sometime last week, but this

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<v Speaker 3>is actually the lone bearish voice that we're seeing on

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<v Speaker 3>the company here, according to data that we have at Bloomberg,

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<v Speaker 3>and they're essentially saying that they believe that the market

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<v Speaker 3>is underestimating the timeline that it may take for Lenard

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<v Speaker 3>to restore its margins and also return to historical averages.

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<v Speaker 3>So it's really interesting, especially as we think about the

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<v Speaker 3>backdrop right now in the economy, what it looks like

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<v Speaker 3>for the average home buyer right now, and you know

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<v Speaker 3>a lot of the strains that are really on the

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<v Speaker 3>average consumer right now, and it seems as though the

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<v Speaker 3>report that we saw from Lanar last week definitely echoed

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<v Speaker 3>those sentiments.

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

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<v Speaker 2>us throughout the day for the latest roundup of companies

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<v Speaker 1>Mm HM