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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 stocks on the move this morning.
I'm Scarletto here with Matt Miller in for Paulsweeny, and we want to welcome back bloombergs. Tanitza Sokova, Denisa, what are you looking at? We have to talk about Oracle. The stock is on a tier, it's up nearly twelve percent. The thinker, of course, is all our CEO. Matt is super excited about the CDs. I was just looking at the CDs. It's hovering around one hundred and fifty basis point. It's a little bit off the peak. This is a five year CDs, but still it's very elevated. Nevertheless, we're
seeing a pretty big rally. The company projected strong sales in the upcoming fiscal year. When it comes to a stock, we actually saw a big sale of more than fifty percent drop in the value since September peak. Nevertheless, you can see how quickly investors can forget some of those AI fears and reward the stock The company, of course has massive cloud infrastructure deals with open Ai, meta platforms, all the big names.
Nevertheless, the so obviously that demand was always going to be there, Like I don't get was that a question mark at all? My concern would be, are they now supply constrained because they're not going to be able to raise CAPEX without the market throwing a tantrum.
For sure, But it's a hot space.
And the most important number was the infrastructure business gain, which is eighty four percent. It was more than unless we're expecting, so that provided a relief. Nevertheless, the capital expansion number was more than anlysts we're expecting, so perhaps not quite the thing so you like, but nevertheless it was a big so off people are buying the dip.
There you go, all right. Second stock Nike, very different story.
It gained as much as three percent in earlier training now it small gain. The thicker, of course is Nke. We saw an upgrade from Berkleys. The company has been under so much pressure for the last few years. It's actually down thirty percent from its twenty twenty five high. This was about July. We've seen missteps on their former leadership. We've seen excess inventory. Obviously, Nike has been at the center of tariffs. It's business in China has been deteriorating,
so there has been so much going on. Nevertheless, bayercle sees an opportunity here. They have a pretty generous price target. It's seventy three doors. That's a thirty percent increase from here. So some optimism there, but definitely after a pretty rough run. All right, and last talk, Cambos cutting out look to seventeen year low.
Pretty big drop in the stock.
Stock is down nearly eight percent and down eighteen percent year to date.
Decor is CPD. It's all about the snacks.
The group's snack division miss expectations in the second fiscal quarter.
People are not buying chips and pretzels and.
That's affecting the business. They are also supply constraints. That is affecting the first bakery.
But I don't know.
Maybe people are eating healthier, maybe they're not opting for snacks.
And they need protein in those snacks. They need chicken soup. Doesn't Campbell's make soup. They of course they make soup. This is about the snacks, It's not about the suit.
What are the other snacks?
Like, if you tell me, put me on the spot and say, what does Campbell's the Campbell's company make other than soup? I would have no idea.
Yeah, right, not google it. Oh do they make that? Well, they bought the part of it that.
They didn't already own, so yeah, they need like a fifty ground protein bar.
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