00:00:02
Speaker 1: Bloomberg Audio Studios, podcasts, radio news.
00:00:10
Speaker 2: 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 Stenebeck, Romain Bostik, and Katie Greyfell.
00:00:22
Speaker 1: Let's go to some of the individual gainers if we may. SLB tough gainer in the S and P five hundred, up about eleven percent here, folks, Oilfield services and Equipment company. You know it well, formerly Schlamberge. Doesn't go by that anymore. SLB also could be a fun name. I'm just saying, Katie, there you go. Company reported second quarter or adjusted earnings per share that beat the average analyst estimate, revenue increasing in all regions outside of the Middle East, and data center revenue. Apparently the company has been shifting to data centers, an emerging source of revenue for the company. Milius Research out they've got a buy price target of sixty eight, noting that revenue EPs and even a b to a broad based international growth was able to offset the declines in the Middle East from the war. So that was an outperformer. Let's go to Ring Central. That one also rallying up as much as just missing the thirty percent gain mark intraday, but still up about twenty five percent here at the close, heavy volume, The software company reported second quarter results that beat expectations. They also raised their full year forecast for adjusted earnings. It is up seventy percent year to date. Twelve percent of the float is sure and then one more for you, T Mobile, this one rallying about five point six percent here top gainer the Nasdaq one hundred, rallying even after the company reported revenue that missed analyst estimates amid modest gains and subscribers. They did disappoint Wall Streets high expectations. We saw that kind of an early trading playing out but rallying here in the regular session. Key Bank Capital Markets out saying T Mobiles service revenue growth was a mixed bag and management's twenty twenty six service revenue guidance remains at seventy seven billion. Another analyst Benchmark analyst kind of saying that the selloff earlier unwarranted as a stock was already trading at a significantly discounted value valuation. It was down I think pre market, but again rallying in the regular session.
00:02:13
Speaker 3: Okay, over to you bed all right, I got a lot of news here, just starting with something that recently crossed. Paramount Skydance shares down on the day by three point three percent. The New York Times reporting just a little bit ago that Paramount and war Warner merger has paused until the court rules or June of twenty twenty seven. You can see right there toward the end of the trading session. Shares were higher for much of the day and then took a dive after this report, Colorad Attorney General Phil Wiser saying a stipulation filed in federal court stops Paramount and Warner Brothers from merging until the court rules or June first, twenty twenty seven, whichever comes first. Once again, Paramount Skydance shares, Peace Guy down by three point three percent. Warner Brothers Discovery shares fell to by just about seven tens of one percent. Also, shares of Uber declined today, this after the Financial Times reporter that Waimo is exploring options to exit its Uber partnership down four point three percent. That fell after three o'clock today. Wall Street time Weimo has held internal talks about ending its current deal with Uber. Wemo has already notified Uber that it plans to enter these markets independently and January twenty twenty eight, when their contract allows the right hailing group set in a statement, Weymo has not ruled out a complete split, according to the people cited by the Financial Times. And finally, this was the worst performer in the s and P five one hundred today It's done nine point three percent at the end of the day. H Robinson Worldwide freight broker and other freight brokers fell today. This after a jury ruled against H Robinson Worldwide and to other defendants in a case involving a trucking accident. It boosts concerns about new sources of liability for the industry. Once against H Robinson Worldwide down about nine point three percent today.
00:03:52
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 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.
Speaker 1: Bloomberg Audio Studios, podcasts, radio news.
00:00:10
Speaker 2: 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 Stenebeck, Romain Bostik, and Katie Greyfell.
00:00:22
Speaker 1: Let's go to some of the individual gainers if we may. SLB tough gainer in the S and P five hundred, up about eleven percent here, folks, Oilfield services and Equipment company. You know it well, formerly Schlamberge. Doesn't go by that anymore. SLB also could be a fun name. I'm just saying, Katie, there you go. Company reported second quarter or adjusted earnings per share that beat the average analyst estimate, revenue increasing in all regions outside of the Middle East, and data center revenue. Apparently the company has been shifting to data centers, an emerging source of revenue for the company. Milius Research out they've got a buy price target of sixty eight, noting that revenue EPs and even a b to a broad based international growth was able to offset the declines in the Middle East from the war. So that was an outperformer. Let's go to Ring Central. That one also rallying up as much as just missing the thirty percent gain mark intraday, but still up about twenty five percent here at the close, heavy volume, The software company reported second quarter results that beat expectations. They also raised their full year forecast for adjusted earnings. It is up seventy percent year to date. Twelve percent of the float is sure and then one more for you, T Mobile, this one rallying about five point six percent here top gainer the Nasdaq one hundred, rallying even after the company reported revenue that missed analyst estimates amid modest gains and subscribers. They did disappoint Wall Streets high expectations. We saw that kind of an early trading playing out but rallying here in the regular session. Key Bank Capital Markets out saying T Mobiles service revenue growth was a mixed bag and management's twenty twenty six service revenue guidance remains at seventy seven billion. Another analyst Benchmark analyst kind of saying that the selloff earlier unwarranted as a stock was already trading at a significantly discounted value valuation. It was down I think pre market, but again rallying in the regular session.
00:02:13
Speaker 3: Okay, over to you bed all right, I got a lot of news here, just starting with something that recently crossed. Paramount Skydance shares down on the day by three point three percent. The New York Times reporting just a little bit ago that Paramount and war Warner merger has paused until the court rules or June of twenty twenty seven. You can see right there toward the end of the trading session. Shares were higher for much of the day and then took a dive after this report, Colorad Attorney General Phil Wiser saying a stipulation filed in federal court stops Paramount and Warner Brothers from merging until the court rules or June first, twenty twenty seven, whichever comes first. Once again, Paramount Skydance shares, Peace Guy down by three point three percent. Warner Brothers Discovery shares fell to by just about seven tens of one percent. Also, shares of Uber declined today, this after the Financial Times reporter that Waimo is exploring options to exit its Uber partnership down four point three percent. That fell after three o'clock today. Wall Street time Weimo has held internal talks about ending its current deal with Uber. Wemo has already notified Uber that it plans to enter these markets independently and January twenty twenty eight, when their contract allows the right hailing group set in a statement, Weymo has not ruled out a complete split, according to the people cited by the Financial Times. And finally, this was the worst performer in the s and P five one hundred today It's done nine point three percent at the end of the day. H Robinson Worldwide freight broker and other freight brokers fell today. This after a jury ruled against H Robinson Worldwide and to other defendants in a case involving a trucking accident. It boosts concerns about new sources of liability for the industry. Once against H Robinson Worldwide down about nine point three percent today.
00:03:52
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 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.
