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This is the closing bell on this stock movers report. The company's making moves at the close of US trading with Carol Masser, Tim Stenovak, Romain, Bostik, and Scarlet Food.
All right, let's get to some of the individual gainers, if we may. Carnival, this was definitely an now performer, number one gainer in the S and P five hundred folks just finishing off as ties of the session, still good enough for a gain of about nine point eight percent. The company giving a better than expected profit outlook for next year reinstated dividend payments. The company expects a justin
at income to rise about twelve percent next year. That's higher than the average analyst estimate of an eight point seven percent increase, so that's quite some outperformance there. As we mentioned, they also announced that quarterly dividend fifteen cents a share after payouts were discontinued back in twenty twenty.
Company also say trends are poised to continue to next year on higher prices in booking, so that lifting the cruise group on this Friday got to go over to Oracle, which has had a little bit of a tough go as it questions some of its moves and investments into AI and the death that it's been taking on as a result, actually getting a kick to the upside, up
six point nine percent in today's session. This happening on a Bloomberg exclusive TikTok being bought by a group of buyers led by Oracle, which will own fifteen percent of the entity as well Silver Lake and MGX. That's an Abu Dhabi based investment company. Oracle and byte Dance signing binding agreements to create a US joint ventures and so it will be an independent entity controlling data protection, content moderation, and algorithm security with a new seven member majority American
board of directors. So that was some interesting performance there for Oracle, and this one for something different. I like to kind of go there. A small market cap about six hundred seventeen million dollars. Ticker is wy Fi white Fiber. It was spent half this year from its parent company bit Digital, which is a crypto firm, which spun it
off to focus on AI infrastructure. White Fiber provides AI data centers with what's known as biological white fibers for quick, quick power and fast computing needed by AI and machine learning tasks. And what happened is some news today to a now say ten year forty megawat colocation agreement between its subsidiary and No Data Centers and n Scale Global Holdings. There's a lot of stuff in here, basically a new
megawat data center. What's interesting is it takes kind of existing facilities and makes it ready for high performance data center compute, if you will. That's needed for AI, machine learning and all that good stuff. So I just like to throw that out. It's a stock that is down about five percent though since it's IPO back in August.
Okay, that one, I have a less complicated one. Marell sorry to start with that. Bring it down. Everybody knows what Nike does. Down ten and a half percent today, This after the company warned that sales will decline this quarter persistent weakness in China and then the Converse brand also seeing weakness too. The company does expect revenue to be down in the low single digits in the three months that started on December first, with Converse sales plunging
in Greater China, sales down. Nike shares today down by ten point five four percent, kind of where they were throughout the session. Also lamb weston oh wow, frozen potato French fries. French fries too. Look at this non potato French fries. Uh, you could have some potato fries. Yes, very valid point. You know those aren't real fries.
But thank you.
Okay, down twenty six percent on to die on this is now it's now trading at the lowest going back to March of twenty twenty. The company came out to maintain your full year guidance despite beating second quarter expectations. The company noted, though in their press release that the price makes declined eight percent in North America due to ongoing supportive customers through price and trade, so essentially a profit warning about discounting and rising manufacturing costs, and finally
looking at home builders, specifically KB Homes. Today this after week where Lenar reported results that disappointed markets too. KB Home shares fell down eight and a half percent at one point, down the most intraday since twenty twenty. This after the company posted fiscal fourth quarter profit that missed analyst estimates. The midpoint of the outlook range for fiscal twenty twenty six housing revenue also lagged expectations KB Home down eight point five percent.
Oh, let's take a quick check in yield, the entire curve shifting higher on the day, Bob Weship pointing out pretty much every key point along that curve is lower on the week, including your two year yield, which is higher on the day, but is now dropped for two straight weeks as a lot of people continue to bet on continued FED rate cuts into twenty twenty six.
This stock Movers report from Bloomberg Radio. Check back with us throughout the day for the latest roundup of companies making news on Wall Street and for the latest market moving headlines. Listen to Bloomberg Radio Live catches on YouTube, Bloomberg dot com, and on Applecarplay and Android Auto with the Bloomberg Business app.
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