Closing Bell: Meta Gains & Royal Caribbean Soars, Microsoft Drops After Earnings Release - podcast episode cover

Closing Bell: Meta Gains & Royal Caribbean Soars, Microsoft Drops After Earnings Release

Jan 29, 20263 min
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Episode description

Today's biggest winners and losers in the stock market.

On this episode of Stock Movers:

Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.

- Meta (META) shares closed 10% higher the day after it announced results, their biggest intraday jump since July 31, after the Facebook parent gave a revenue outlook that was much stronger than expected, which helped offset the impact of higher AI-related spending. The social networking giant topped projections for holiday quarter revenue and gave a strong forecast for the current period during its earnings report Wednesday. Improvements in its online advertising business are making it possible for Meta to spend hundreds of billions of dollars over the next few years on AI infrastructure. Meta’s shares jumped more than 11% in extended trading. 

- Royal Caribbean Group (RCL) soared 17%. While adjusted earnings and revenue for the fourth quarter were in line with expectations, the cruise operator's 2026 earnings guidance blew past forecasts.

- Microsoft (MSFT) plunged the most in almost six years after reporting record spending and slowing cloud sales growth, fueling investor concerns that it could take longer than expected for the company’s AI investments to pay off. The shares sank by as much as 11% to $429.24, for the biggest intraday slide since March 2020.

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Transcript

Speaker 1

Bloomberg Audio Studios, Podcasts, radio news.

Speaker 2

This is the closing bell on the stock movers report the company's making moves at the close of US trading with Carol Masser, Tim Stenoveeck Romain Bostik, and Katie Greifel.

Speaker 3

Guys, let's get to some of the individual gainers as we await earnings to cross the Bloomberg terminal, got to go to meta platforms. This definitely was an outperformer in today's session. Of course, twenty four hours ago we were breaking down their earnings. It's the number three gainer in the S and P five hundred, I believe the number one in the Nasdaq one hundred. That stock, as you can see, up ten percent here at the close. There's

a lot to say about this company. Check it out on the Bloomberg, but just real quickly EPs sales beats. The company also gave a revenue outlook that was much stronger than expected, which helped offset set really the impact of higher AI related spending that has been on everybody's minds, but nonetheless investors being pretty rosy when it comes to meta.

I just want to mention Southwest LUV is the ticker that is the number one gainer in the S and P five hundred, up about nineteen percent in today's session, reporting results at top dnalyst estimates, signaling the fruits of a turnaround after a rather challenging year. Company working to add premium options and has transition from its longtime open seating system. We all remember that to assigned seas as part of a strategy to be Some of us.

Speaker 1

Still love it. Well, I can't.

Speaker 3

I want my seat, I want to know where I'm going, and I want to be in boarding group number one. Okay, sorry Princess, Sorry no, I wear the Crowns cruise ships. They were definitely some outperformers in today's session. We'll bring up the boards for your Royal Caribbean up more than eighteen percent in today's session. Company came out fourth quarter

financial really squashed investors' concerns over cruise demand. They said demand for cruise holidays keeps accelerating, which could see the liner add as many as six additional ships to its fleet. They had a lot more positive commentary too about the business, So Royal carib up almost nineteen percent. You saw Norwegian also up about him. I'm really cool, aren't I real? Norwegion up about ten percent, and then Carnival up about

eight and a half percent in today's session. I'm not really cool, but I try Okay.

Speaker 1

Stocks in the green, stocks in the red gotta start with Microsoft shares having their worst day, going all the way back to twenty twenty, down ten percent, this after reporting records spending and slowing cloud sales growth, fueling investor concerns about the return on that spending. We spoke to Angelo Zeno of CFI a little earlier. He's he's recommending people buy the dip on the sellof He said the

valuation is compelling. Concerned around the Azro number and concentration risk and open AI kind of sees those as overblown. He's still bullish on the stock.

Speaker 2

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, catch us on you YouTube, Bloomberg dot com, and on Applecarplay and Android Auto with the Bloomberg Business app.

Speaker 3

MH

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