Bloomberg Audio Studios, podcasts, radio News, The Stock Movers Report, your roundup of companies making moves in the stock market, harnessing the power of Bloomberg data.
Let's take a look at some of the stocks on the move today.
We can do that with Bloomberg's.
Tat Channa, Darry Tanna, what are you looking at? We'll start with Coyeve, a notable mover to the downside today, falling as much as nineteen percent at the open, the lowest only since August of last year, but still a big move there. The AI Infrastructure company reported a bigger than expected lost while boosting its capital expenditures, so that's
reviving some of those Kapex concerned in the market. Sales rose to one point six billion compared to one point five to five that the analysts were expecting, so at least some relief there. But the market does not want to see this. Capital expenditures plans rising, and coreev is the latest victim here to the markets worry.
Yeah, definitely. What about Dell shares are in the green jumping?
Yeah? Dell is doing the exact opposite performance, jumping as much as eighteen percent at the open, the largest increase is March twenty twenty four, and it sits on the either side of the AI spectrum today because it is one of cour we'ves major suppliers and one of the
beneficiaries for the hunt for servers. The company said it will generate about fifty billion in server revenue in the current fiscal quarter, and the CEO said it has a record backlog of forty three billion dollars as major AI providers are seeking its servers to run their their AI workloads. The company also announced a ten billion dollar increase in share buybacks. So the market is pleased that it is
seeing some of those capitals returned to the market. So the Pixil shuffle trade is still out there, much lower parts of it is, despite what we've seen with Nvidia this week, UH, Netflix and Netflix, Paul, this is one for you. Shares are rising how the company was outbid by paramountse Guidance in its bid to acquire Warner Brothers.
The company last night said they are declining to raise their eighty two point seven billion dollar offer for Warner Brothers Studios and streaming business and investors seem to be happy that they're finally walking away from this deal, which they feared would settle the company with data and financial risks.
It also marks an end to the contentious fight both in Hollywood and in Washington, and Netflix shares have declined fifteen percent since their offer in December through yesterday's closed data.
Is poised to strengthen 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.