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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 Foo.
S and p five hundred, Katie, four hundred and twenty sixth names actually getting ground on this Tuesday. Seventy four to the downside and three unchanged.
And you also saw pretty good breath when it comes to the sectors, though not a perfect score. Eight in the green, three in the red. I think it is so interesting that you had Tech actually finished a little bit lower on the day because you had Alphabet hitting another all time high. But still you think about some of the names on the other side in Nvidia included, and it netted out to a little bit of a
negative downdraft. Healthcare though consumer discretionary communication services some of your biggest winners on this day.
All right, we are getting the mourning out of the software space right now. Autodesk out with their results for the most recent quarter, third quarter EPs looks like a beat two dollars and sixty seven cents a share. The street was looking for two fifty net revenue in the quarter, beating modestly by one point eighty five billion. The street
was looking for one point eighty one. Here's your guidance going forward for the current quarter, the fiscal fourth quarter, the company says that revenue will be in a range of one point nine to one point nine to two. The lower end of that range is well above street estimates of one point eighty six and EPs two fifty nine to two sixty seven a share. Once again, the lower end of that range, Katie above the average of street estimates, So beaten race quarter here at for Autodesk, Well.
Let's talk a little bit about workday two because you take a look at the after hours share price moving higher by about seven percent. That's after they boosted their full year subscription revenue forecast. They see their fourth quarter subscription revenue coming in at two point three six billion dollars. That is above the estimate of two point three five billion dollars. So that's the look ahead for the third quarter. Third quarter revenue coming in at two point four three
billion dollars, that's slightly above the estimate. Similar story when you take a look at third quarter adjusted EPs coming in at two dollars and thirty two cents above estimates of two dollars and sevenighteen cents. So again you can see the reaction in shares is positive at the moment, tim.
All right, shares of the data infrastructure company net app, we're surging higher now they're hirer again four percent. In the after hours, the company boosted its fiscal year adjusted earnings per share forecast. The company sees third quarter net revenue at one point sixty two to one point seven seven billion. Estimates for one point seven one billion. Second quarter net revenue came in above estimates. The company still sees fiscally your net revenue six point six three billion
to six point eight eight billion dollars. Shares in the after hours up about four point eight percent.
All right, guys, I'm going to go back to some individual gainers as we wait some more earnings. I'm just going to bring up Google and our alphabet and Meta
Meta platform on one screen. We of course know the news that we were talking about Google versus and video all day today, but the news was that Meta is said to be in talks to spend billions on Google's AI chips, adding to a month's long rally that we've seen in Alphabet shares that has made the case that it can rival maybe Nvidia as a leader in AI technology. So this story has been out there, shares of Alphabet finishing the day about one and a half percent higher.
Meta Platforms finished the day with a gain of about three point eight percent, So just wanted to show those together real quickly. Two retailers outperformers, Abercromme and Fitch, finishing the day with a game of about thirty six thirty seven percent.
Excuse me.
The company raised the low end of its twenty twenty six net sales and earnings per share guidance range as its Hollister brand continued to gain momentum, and you did lift kind of some other names in the space, American Eagle and Urban Outfitters also we're highed. Keep in mind the stock is still down forty percent year to date, with twelve percent of the float short and Coles.
I wish you point now we're expecting to get Urban Outfitters after the bell tonight too.
Thank you for that. Yeah, good point, good point. Cole's also up about forty two percent in today's soaring to its highest and more than a year, raised its full year outlook for the second quarter, adding to kind of a steady stream of retailers reporting stronger than expected results. So some major outperformance in that one as well.
Okay, some underperformance in the name of some chip stocks, namely in Vidia down two point six percent. It was done as much as seven point one percent earlier in the session. AMD also felt at a four point two percent That was done as much as nine point seven percent in the session. Carol just talked about why Google's alpha or alphabets Google has been doing so well. This information report that meta Platforms is in talks has spend billions on Google AI chips known as tensor processing units
are TPUs sending shares of Nvidia and AMD lower. Looking at jam Smucker Company today, too, share slid three point seven percent. They hit their lowest enter day level at one point since early July. The company lowered the top end of its full year guidance ranges. Other company also planned to cancel to plan price increase on coffee due to tariff. Re Leaf Cafe, Bustella, Duncan, and Folders are in its coffee brands. Romaine. I know you are watching what's going on with Dell right now.
Yeah, Dell Computer, I'm actually going to reverse this here and start with the forecast for the full fiscal year, Dell saying that adjusted EPs will be at its midpoint
of nine dollars and ninety two cents a share. It had previously seen about nine dollars and fifty five cents, so it looks like it's basically nudging up is adjusted EPs outlooked by Justice Smidge here also nudging up its revenue guidance for the full fiscal year to one hundred and eleven point two billion dollars to one hundred and twelve point two billion dollars. The previous range that had given was one oh five to one oh nine, So
a raise here on the forecast. As far as the quarter that just was, it does look a beat on that as well, here, looking at roughly about eleven percent gain here on operating income for the most recent quarter. The company also saying that revenue in the quarter also up eleven percent to twenty seven billion dollars. So we should point out that that does look like a slight
miss of street estimates. The street was looking for about twenty seven point one nine here, so it looks like the numbers for the most recent quarter relatively in line to just a smidge below what the street was looking for, but a guide higher for the rest of the year.
All right, So from high tech to consumer discretionary we go. As we mentioned retail earnings Urban Outfitters, man folks. It was up nine percent in the regular session. It is soaring in the aftermarket, up about sixteen percent. Let's go to the third quarter. Third quarter comp retail segment sales up eight percent. The estimate was for an increase of about five percent third quarter EPs of a dollar twenty
eight to share. Again, we're just looking for some more color here from the company that third quarter net sales is a beat. Keep in mind that this stock has been up about twenty four percent year to date, but about fifteen percent of the float to shirts. So we'll look for some commentary a little bit more when it comes to what they're seeing for the consumer.
Yeah, interesting to see shares up about fifteen percent after hours. Though a different story when it comes to z Scalar shares moving about five five, six seven percent lower right now, moving quite a lot. This is after actually their second quarter revenue forecast came in higher than estimates. They see revenue between seven hundred and ninety seven million dollars to
seven hundred and ninety nine million dollars. The estimate had been for seven hundred and ninety six point one million dollars. So still not really tiding over investors here. First quarter results came in adjusted EPs ninety six cents first is seventy seven cents year over year. The estimate had been for eighty six cents, so a beat there as well, also a beat when it comes to revenue versus expectations, but still tough crowd. You can see z scaler shares down about five percent right now.
Okay, you're watching z scaler. I'm watching ticker woof in the after hours. That's pet Co. It's up seven point seven five percent in the after hours. The company did report fourth quarter net sales down low single digits year over year. Fourth quarter justed EBADU forecast, though did beat estimates. Third quarter net sales coming in at one point five billion,
the SMUs for one point four to seven billion. The company CEA's fourth quarter adjusted EBA to ninety three to ninety five million, the estimus ninety two point four million. This company has been getting beat up, not just this year. Going into this earnings report it was down more than twenty two percent, but going back to all time highs, down close to ninety percent from those all time highs that was back in January of twenty twenty one.
All Right, quick check on Dell that just reported it's still up about one and a half percent. Bounces it around a little bit, but up about one and a half percent. In the aftermarket, Urban Outfitters up almost thirteen percent. Z Scaler down about five and a half percent.
Folks the 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, catch us on YouTube, Bloomberg dot com, and on Applecarplay and Android Auto with the Bloomberg Business app.