1 00:00:02,520 --> 00:00:08,800 Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The. 2 00:00:08,880 --> 00:00:13,160 Speaker 2: Stock Movers podcast, your roundup of companies making moves in 3 00:00:13,200 --> 00:00:16,480 Speaker 2: the stock market harnessing the power of Bloomberg data. 4 00:00:17,960 --> 00:00:19,200 Speaker 3: And let's take a look at some of the stocks 5 00:00:19,200 --> 00:00:20,960 Speaker 3: in the move today. I'm Alex Deal with Paul Sweeney. 6 00:00:20,960 --> 00:00:23,400 Speaker 3: We're joined now by Bloomberg's Christina Quino. Christine, what are 7 00:00:23,400 --> 00:00:23,840 Speaker 3: you watching? 8 00:00:24,280 --> 00:00:27,760 Speaker 1: Looking at CrOx today? ALEX shares are up just more 9 00:00:27,800 --> 00:00:30,440 Speaker 1: than seven percent at the moment, and that's because we 10 00:00:30,520 --> 00:00:34,760 Speaker 1: got first quarter adjusted EPs beating estimates, also net income 11 00:00:35,120 --> 00:00:38,440 Speaker 1: beating estimates. But the kicker is that that is down 12 00:00:38,520 --> 00:00:40,720 Speaker 1: more than seven percent from a year earlier. 13 00:00:41,120 --> 00:00:44,120 Speaker 4: So the downside from this earnings. 14 00:00:43,560 --> 00:00:46,360 Speaker 1: Season for the company is that it withdrew its full 15 00:00:46,400 --> 00:00:48,960 Speaker 1: your outlook for the year, and they also said that 16 00:00:48,960 --> 00:00:50,959 Speaker 1: they're not going to provide a full your guidance at 17 00:00:50,960 --> 00:00:54,920 Speaker 1: this time due to quote macroeconomic uncertainty stemming from global 18 00:00:54,920 --> 00:00:55,440 Speaker 1: trade policy. 19 00:00:55,480 --> 00:00:58,400 Speaker 4: Sound familiar, Uh yeah? 20 00:00:58,440 --> 00:01:01,360 Speaker 1: And you know for context, right, remember in April, the 21 00:01:01,400 --> 00:01:04,040 Speaker 1: company was also urging its employees to closely manage their 22 00:01:04,080 --> 00:01:07,800 Speaker 1: expenses because they were grappling with supply chain volatility and 23 00:01:07,880 --> 00:01:10,600 Speaker 1: a reminder, it produces about half of its shoes in Vietnam, 24 00:01:10,600 --> 00:01:13,040 Speaker 1: but also has third party manufacturers in China. 25 00:01:13,240 --> 00:01:14,280 Speaker 2: Crocs are still a thing. 26 00:01:14,360 --> 00:01:17,000 Speaker 3: Okay here, Yes, they're definitely still a thing. Do we 27 00:01:17,000 --> 00:01:20,959 Speaker 3: wear socks with crocs? No? Right? My daughter said yes. 28 00:01:21,280 --> 00:01:23,480 Speaker 3: She told her best friend that her mom doesn't like it. 29 00:01:23,600 --> 00:01:26,959 Speaker 3: Her mom and her best friend's like, opinion, Schmins, whenever 30 00:01:27,120 --> 00:01:28,880 Speaker 3: you can totally wear socks with crocs. 31 00:01:29,319 --> 00:01:34,559 Speaker 4: We don't do crocs at all. John, you like, look, Liker, 32 00:01:34,880 --> 00:01:35,800 Speaker 4: you just go barefoot. 33 00:01:36,560 --> 00:01:38,240 Speaker 3: That's rough feet there? What else you're looking at? 34 00:01:38,560 --> 00:01:40,480 Speaker 4: Looking at Loving this morning? 35 00:01:40,840 --> 00:01:43,840 Speaker 1: Shares are up at the moment more than sixteen percent now, 36 00:01:43,880 --> 00:01:47,440 Speaker 1: so that's really picked up steam since the open, and 37 00:01:47,440 --> 00:01:51,400 Speaker 1: that's because the AI powered ad platform reporter results that 38 00:01:51,640 --> 00:01:55,520 Speaker 1: Assault first quarter EPs and net income both beating estimates. 39 00:01:55,720 --> 00:01:58,000 Speaker 1: They also gave an outlook for the second quarter and 40 00:01:58,080 --> 00:02:02,280 Speaker 1: projected AD revenue beating four to I think the additional 41 00:02:02,280 --> 00:02:04,920 Speaker 1: positive for investors is that the company agreed to sell 42 00:02:04,960 --> 00:02:08,040 Speaker 1: its video games unit to a London based studio because 43 00:02:08,080 --> 00:02:11,080 Speaker 1: it wants to focus on its ad technology business. So 44 00:02:11,520 --> 00:02:13,560 Speaker 1: good news all around for app Love and one of 45 00:02:13,560 --> 00:02:17,480 Speaker 1: the few probably companies that seem confident in giving an. 46 00:02:17,320 --> 00:02:18,440 Speaker 4: Outlook for the next quarter. 47 00:02:18,639 --> 00:02:19,720 Speaker 2: Anything else, what else we. 48 00:02:19,680 --> 00:02:24,280 Speaker 1: Have armholdings Hal, Yeah, that is down today more than 49 00:02:24,480 --> 00:02:26,919 Speaker 1: six percent now at the moment, and. 50 00:02:27,080 --> 00:02:28,520 Speaker 4: We sell first quarter sales. 51 00:02:28,760 --> 00:02:33,280 Speaker 1: It's forecast for that disappointing analyst that's at one billion 52 00:02:33,320 --> 00:02:34,960 Speaker 1: to one point one billion dollars. 53 00:02:34,960 --> 00:02:37,400 Speaker 4: I think it's within the range technically, but it's. 54 00:02:37,280 --> 00:02:40,600 Speaker 1: At the low end of that analyst forecast range. And 55 00:02:40,680 --> 00:02:43,400 Speaker 1: the Siero Renee has blaming it mostly on a timing 56 00:02:43,520 --> 00:02:46,480 Speaker 1: of new agreements with customers, and he's saying that the 57 00:02:46,520 --> 00:02:49,919 Speaker 1: outlook is conservative quote to make sure that we don't overreach. 58 00:02:50,040 --> 00:02:53,280 Speaker 1: So our Maunder Arms Tech is very key to chips 59 00:02:53,320 --> 00:02:57,359 Speaker 1: that run most of the world smartphones, and its guidance 60 00:02:57,440 --> 00:03:00,240 Speaker 1: is very much in line with its peers and chip 61 00:03:00,280 --> 00:03:03,240 Speaker 1: industreet who have had a stroll start to twenty twenty five, 62 00:03:03,360 --> 00:03:07,079 Speaker 1: but their forecasts are very cloudy due to the economic environment. 63 00:03:08,520 --> 00:03:12,880 Speaker 2: The Stockmovers podcast from Bloomberg Radio. 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