Bloomberg Audio Studios, podcasts, radio news.
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 Flu.
Three hundred and eighty nine names in the S and P five hundred hired today, one hundred and thirteen to the downside, and Katie won unchanged.
Let's take a look at the sector level here broad Breath overall nine of eleven sectors finishing in the green. You can see that big tech finish just a hair higher. It was industrials really though, that stole the show, up by one point eight percent as a sector, followed by materials and consumer discretionary. In terms of what didn't perform on this sped day Wednesday, Utilities down about a ten percent and consumer staples pretty much flat on the day but slightly red.
Carol, all right, let's go to some of the individual gainers. Jeevrnova shares climbing sixteen percent, biggest one day gain on record. So this stock soaring. It's the top performing stock in the S and P five hundred today, the company doubling its dividend increase, the scope for share buybacks, and raised
earnings projections. Keep in mind, this is a company we've been talking about this here right that it has really benefited for the soaring US demand for electricity, whether it's data centers, AI largely and just really the overall electrification of the economy. That stock is up about one hundred and eighteen percent year to date and so quite some outperformance there. Let's go to Warner Brothers Discovery because this
one certainly on my list. I think it was a top gainer in the Nasdaq one hundred four and a half percent to the upside. We just got some comments from President Trump saying that any deal for Warner Brothers Discovery must include CNN, and as we pointed out that that deal, the offers that we've gotten paramount includes the CNN property. The Netflix deal does not. But nonetheless Warner Brothers Discovery. It's up about four days in a row, again of about sixteen percent of one hundred and thirty
five percent since September tenth. And just for something different, David Busters, I know it's a small cap company, plays the ticker up about thirteen percent in today's session. This is Wall Street analysts highlight improving comp sales trends in October.
November just bite a third quarter miss, and during the conference call, the company did come out and say that traffic at its dining rooms late in the quarter was meaningful up year over year, with October samestore food sales being the best month of the year and improving in November. Stock is down about thirty one percent year today thirty eight percent of the float is short.
So I just want to add an honorable mention in there to Carol. I'll keep an eye on shares a Cisco, which have been rallying now for seven straight days, adding nine tens of our percent on the day, and that's actually going to be good enough for a record high, and significant because it hasn't hit a record high since the dot com bubble burst all the way back in twenty twenty, the first record high for Cisco in twenty
five years. And I bring that up as well, because, of course we talk about some of these old tech stocks that have found some new life here in the AI era. We are expected to get earning it a little bit later today from Oracle, which of course hit a record high back in September.
Well, before we get those earnings, let's go over some of the other movers to the downside today on the dad, do you want to start with? Shares of Netflix down four point two percent today, six session in a row to the downside. This is the longest losing streak going back to January. Now over this time, the last six days, it's fallen fifteen percent. That's the worst since twenty twenty two. This all is the bidding war for Warner Brothers, Discovery heats up, and just a reminder of what we heard
from the President moments ago at the White House. He says that any Warner Brothers deal must include the sale of CNN. Also, Paramount out with some headlines too, saying that the Netflix cash component is about seven dollars a share lower. Paramount also says in a letter that it's thirty dollars a share offer is superior. So, like Katie said, this story is one that continues, but Netflix has taken
a hit over the last few days as a result. Also, large hospital chains, including HCA Healthcare and Tenant Healthcare fell today after reports indicated that Republican congressional leaders are considering a Medicare pay cut for hospitals as counterproposal to Democrats demand to renew Obamacare subsidies. HCA Healthcare ticker HCA fell four percent today. That policy was included in a list of healthcare options percented to Republican House members in a
meeting today. This according to a document viewed by Bloomberg, it could lower cost O patients and save the Medicare program substantial amounts of money, but it has been opposed to hospitals due to the higher overhead costs. And finally, the parent company of Instacart Maple Bear down six percent today. It was one of the numerous online gig economy stocks that took a hit, including Lift, Uber, Door, Dash, and more.
This after Amazon said it's expanded same day delivery offering for perishable groceries to over twenty three hundred cities in towns from me.
Local Earning's crossing the wire right now, Let's get right to it here. It does look like the top and bottom lines are meeting. Second quarter numbers up about fourteen percent on the revenue side to roughly sixteen billion dollars. Though that does look like it's just a tad light The street was looking for sixteen point two billion dollars revenue on a constant currency basis up thirteen percent.
That's also light.
The street was looking for roughly about fourteen points six will round that up to fifteen percent EPs in the quarter. Two dollars and twenty six cents a share. That is a beat, a sizeable beat. The street was looking for
a dollar sixty four here. I'm not seeing a guidance just yet here, but we should point out that cloud revenue was up thirty six percent in the most recent quarter, Cloud infrastructure revenue a separate category that was up seventy one percent in the most recent quarter, and cloud application revenue was up about eleven percent.
All right, let's take a quick look at Adobe. Those earnings also crossing the wire here. Adobe shares hired by about two percent after reporting that fourth quarter adjusted EPs beat the estimate. The numbers there for fourth quarter adjusted EPs coming in at five dollars and fifty cents. The estimate had been for five dollars and thirty nine cents. Also, fourth quarter revenue coming in ahead of expectations as well.
You take a look at the guide here, they see first quarter revenue between six point two five billion dollars and six point three billion dollars. The estimate had been for six point twenty four billion dollars, so the midpoint of that range comfortable ahead of the estimate. They also see first quarter adjusted EPs between five dollars and eighty five cents to five dollars and ninety cents. The estimate had been for five dollars and sixty six cents. So
looks like a beat and raised quarter there. You can see that reflected in Adobe shares after our hire by about two percent. We know this company has been pretty beaten up in the stock market this year.
I'm getting back to Oracle and looking at the commentary. Lots of commentary coming from executives at the company. Oracle CEO Mike ccilia is saying that AI training and selling AI models are very big business, but we think there's an even larger opportunity embedding AI in a variety of different products. Oracle is in a unique position to embed AI and all three layers of our software products cloud data center software, autonomous database and analytics software, and our
application software. Shares Oracle down about close to six percent in the after hours.
All right, let's get to the application software company synopsis. It is also reporting its results and into the outlook. Let's start there. Sees first quote a revenue of two point three seven billion to two point forty two billion. The estimate on the street is two point thirty six billion. First quarter just aed EPs again to the outlook, three point fifty two is shared to three fifty eight a share.
Estimate on the street is three forty six, So it does look like it's bumping that higher, and we do see the stock up two point six percent in the after market. Twenty twenty six revenue nine point five six billion to nine point sixty six billion. That compares with nine point sixty three billion in terms of the estimate, and it sees twenty twenty six adjusted EPs of fourteen thirty two is shared to fourteen forty. That two is
handily above the street estimate of fourteen eleven. So again that's stock up about two percent in the after market, and fourth quarter revenue just for some growth year over year up thirty eight percent and fourth quarter adjusted EPs, so I look back at the quarter that was two ninety versus three forty year over year, but nonetheless tempering some of its gains in the aftermarket will still up you guys, about one percent.
HEREHILLI and we go back two. Of course, Oracle, which obviously sort of is kind of the full chrome for everything that we're reading now with regards to Synopsis, Adobe and the rest of that AI trade. And I was looking through their presentation on their website and they talk a lot about the new customers that they've signed up in the most recent quarter for the services. But a big part of this, and a big part of why you're seeing the shares down, there's a lot of concern
about Oracle's ability to fund that. Remember, Unlike some of the hyperscalers and the others that we've talked about who have been able to fund their AI dreams primarily with their own cash on the balance sheet, Oracle has relied on a big way on the debt markets. And the expectation is they will return to the debt market debt markets to fulfill some of those obligations. And some big questions here about whether that erodes profitability.
You guys are talking tech. I'm also looking at what's happening in the ski business. Ville Resorts reporting down just about one percent in the after hours first Quarternet revenue missed estimates. First quarter total skier visits came in above estimates. First quarter loss for share came in slightly above estimates at five dollars and twenty cents. Once again shares Avila Resort. It's done about one point one percent in the.
After hours, all right, and back to Adobe. It is up about two point six percent here in the aftermarket, and we're looking at Oracle under pressure, continuing to see trade lower here in the aftermarket. It is down about five point one percent.
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.