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Stock Movers Report, your roundup of companies making moves in the stock market. Harnessing the power of Bloomberg Data.
Is take a look at some of the stocks on the move today. We can do that with Bloomberg's Avalon for now, Avlon, what are you looking in?
Well, we can start off with Oracle. That's tickerrcl probably one of the bigger stories today, falling now about two point eight percent as after the Wall Street Journal reported earlier that open Ai recently failed to meet its targets for sales and also new users. And this report just is reviving worries among investors on the scale of that AI spending ahead of especially the to Big seven tech
earnings that are happening later this week. Bloomberg Intelligence writing in a great note that while open ai is missed will have an impact throughout the AI ecosystem, Oracle is potentially the most exposed in terms of risks to its financial goals. Though what Bush is saying that they would be buyers among the weakness in Oracle and also those tech stocks.
All right, good stuff.
Certainly will continue to watch for the ripple effect from this next one. UPS. That's also ticker UPS sliding now about five point two percent. That's after the delivery service
firms left its financial guidance unchanged. Despite topping Wall Street's expectations for first quarter sales and profit, UPS continues to face challenges across the board, from shifting US trade policies to rising fuel cost and also higher labor and City says that the weakness really reflects rising expectations against that reiterated guide and also domestic margin misses.
No air conditioning in the UPS trucks.
That's so sorry.
I was feel sorry for the folks out there doing that, like those really hot days.
Is that still the case?
I think so? But UPS, there's thing is they're just bare bones. We're tough, we're low cost.
Where that's kind of the way unions would go for that or whatever.
I don't know, it's interesting, but I always feel sorry for those ones. All right, Senten, what else you got for?
Yes, that's ticker CNC rising now about six point four percent most interday since January, making it one of the top performers in the S and P five hundred this morning, and that's after a health insurer boosted its profit outlook and also reported a first quarter beat. What's really important to mention is that Centeen's Bambacare membership loss was less than initially expected, and that's pretty important one you kind
of think about the risk pools. It means that potentially they can stay widely the same and the print is really another sign of recovery among health insurers, especially as the sector comes off a pretty rough year. Jeffries Is writing that Senteen posted quite strong results, especially compared to a lower bar from the Wall Street expectations.
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