October 29, 2025 • 12 mins
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, Tim Stenovec and Carol Massar.
On this episode of Stock Movers:
- Alphabet (GOOGL) rose as much as 7.5% in extended trading. The company reported quarterly sales that beat analysts’ estimates, buoyed by the performance of its cloud unit, which is growing as artificial intelligence startups seek Google’s support and computing power.
- Microsoft (MSFT) posted earnings, and shares fell about 3% in extended trading after closing at $541.55 in New York. Microsoft reported expansion in its Azure cloud computing unit that failed to impress investors who have grown optimistic about the business.
- Meta (META) reported third-quarter sales of $51.2 billion, which beat analysts’ average estimate of $49.6 billion. Shares fell after the company also reported third-quarter net income of $2.71 billion, which included a one-time, non-cash income tax charge of $15.9 billion due to the implementation of the tax bill signed into law in July.
See omnystudio.com/listener for privacy information.
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:02):
Bloomberg Audio Studios, podcasts, radio news.
Speaker 2 (00:09):
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 Stenovak, Romain Bostik, and Scarlet Foo.
Speaker 3 (00:22):
I'm looking at the S and P five hundred most
names in that index, folks lower today, three hundred and
seventy eight, losing some ground today, Katie one hundred and
twenty four to the f side and one unchanged.
Speaker 4 (00:31):
Yeah, super narrow there. Let's take a look at the sector,
and let's take a look at the circle and see
what our friend is saying. There, you can see the
tech did manage to finish in the green actually as
a sector overall, up by about one percent. All eyes
on Nvidia Communication Services, which is pretty much tech in disguise,
also rallying strong today. Energy industrials catching a little bit
of a bid. What didn't do too well you would
(00:52):
guess this would be the case. Real estate down by
two point seven percent. We saw a big pop in
yields as jerown Palace speaking, and that certainly hit that
setter pretty hard, all.
Speaker 3 (01:02):
Right, real quickly. Nvidia, I got to mention five trillion
dollar market cap today, the stock up as much as
five and a half percent earlier in the day, still
finishing with a gain of about three percent historic five
trillion dollar market cap. We know we got a lot
of big headlines from the company and it's CEO Jensen
yesterday just the AI spend, the AI frenzy, and we
(01:22):
know how important this name is certainly to the bull
market that we've seen. With a fifty percent gain this
year through yesterday's close, the stock is single handedly responsible
for nearly a fifth of the S and P five
hundred's index seventy percent advance this year, so we know
it's been really driving the trade. Taradine just got to
mention this was definitely a top gainer in the S
(01:44):
and P five hundred of twenty percent in today's session.
I believe it's a record close. It's a semi manufacturing company.
Third quarter results beat expectations, and it gave an outlook
well ahead of analyst consensus. It also named Michelle Turner
its chief financial officer effective November. That stock up forty percent.
Caterpillar up eleven percent, also now performer today.
Speaker 1 (02:05):
Is this an AI play? Now? I'm old its Caterpillar
an AI play. No, isn't it nice?
Speaker 3 (02:11):
We got alphabet lets all right?
Speaker 1 (02:12):
Well, speaking of AI, Alphabet earnings are out. EPs coming
in looks like a pretty big beat. Two dollars and
eighty seven cents a share for the most recent quarter.
The street was looking for two dollars and twenty six
cents revenue in the most recent quarter. Also a beat
one hundred and two billion dollars in change. The street
on average was looking for roughly about ninety nine point
nine billion dollars. The company also says that it ended
(02:34):
the quarter that Google Cloud, I should say, ended the
quarter Get this, guys, one hundred and fifty five billion
dollar backlog.
Speaker 4 (02:41):
Yeah, certainly raises the stakes to for Amazon, a lot
of focus on that cloud business. You can see Alphabet
shares deciding what to do, moving higher right now. I
will say tim that the bar was high for Alphabet specifically,
you think about where the stock has gone here today,
up by forty five percent, but clearly you can see
investors pars through and deciding what to do.
Speaker 5 (03:01):
Yeah, bouncing around a little bit, but firmly hire now
about three percent. Sunder Pitshai, the CEO out saying that
the company had a terrific quarter, double digit growth across
every major part of the business, calling out the first
ever one hundred billion dollar quarter. He also called out
Gemini now processes seven billion tokens per minute and alludes
to the full stock approach to AI at Google that's
(03:21):
delivering strong momentum, shipping its speed, including the global rollout
of aio reviews in AI mode in search in record time.
Shares now up by about wow four percent.
Speaker 3 (03:30):
All right, from one hyperscaler to another week. Go, let's
go to Microsoft, folks, just crossing with its numbers. First
quarter intelligence cloud revenue, this is what we care about.
Thirty point nine billion. The estimate on the street was
thirty point eighteen billion, so it looks like it's coming
in line. First quarter Azure also important another cloud revenue
(03:51):
X currency up thirty nine percent. That beats the estimate
of a gain of about thirty seven point one percent,
and first quarter revenue I cain of beat seventy seven
points sixty seven billion dollars. The estimate on the street
remain seventy five point fifty five billion, and yet we're
seeing the stock down about four percent here in the
after market, So we'll look for some more color on
(04:12):
this one.
Speaker 1 (04:12):
Yeah, some of these numbers, well, certainly a beat with
regards to the average of analysts estimates that were public.
It looks like they did come in below some of
the whisper estimate estimates that Bloomberg had reported on. But
it gets to this idea as well. And we always
have to wait with Microsoft to actually get any sort
of forward guidance a little bit later, but this idea
of exactly what is in the pipeline that they can
actually sort of deliver or at least a flag to investors,
(04:34):
that could sort of be a signal here that not
just the spend on Microsoft's part, but more importantly, the
reciprocity is actually still there. Yeah.
Speaker 4 (04:41):
Absolutely, Maybe we'll get some more detail about the pipeline
when it comes to the earnings call. But you can
see again those shares holding the after hours decline of
about four percent, And we know it was a big
week for Microsoft with that open AI restructuring. Microsoft of
course securing a stake here when it comes to the future,
at least through twenty thirty two.
Speaker 5 (04:59):
Tim all right, I'm taking a look at Starbucks ticker SBUX,
that company out with earnings as we speak. Fourth quarter
China comp sales up two percent. The estimate was for
two point one six percent. Fourth quarter comp sales up
one percent. The beat estimates of just about negative half
a percentage point. Fourth quarter net revenue coming in above
estimates at nine point six billion dollars. Fourth quarter adjusted
(05:21):
innings per share coming in shy of estimates at fifty
two cents. Fourth quarter North America comp sales they were flat.
The estimate was for a decline of half a percentage point.
Fourth quarter adjusted operating margin up nine point of nine
point four percent. The estimate was for ten point two percent,
so that came in below estimates. Starbucks shares up about
one point six percent now in the after hours.
Speaker 3 (05:42):
All right, so let's get to medic because we're seeing
the stock drop about three point nine percent here in
the after market meta with the outlooks. He's fourth quarter
revenue fifty six to fifty nine billion. The estimate on
the street is fifty seven point thirty eight billion. Fourth
quarter twenty twenty five are fourth quarter revenue. Let me
go there, because we're heading that one here at the
Bloomberg Meta, seeing fourth quarter revenue fifty six to fifty
(06:05):
nine billion estimate fifty seven point thirty eight billion to
get in the stock down about five percent. Sees fourth
quarter total revenue to be in the range again a
fifty six point fifty nine keep reading the same ones
as they come up. Looking at the past quarter. Third
quarter AD revenue was fifty billion, that's a beat the
street was looking for. Forty eight point fifty nine billion.
Third quarter EPs a dollar five versus six three a share.
(06:29):
That's your over year, So we'll look for some color
on that one, and then just looking at go ahead.
Speaker 1 (06:35):
I just also want to point out too here just
going through their release here, there does appear to be
a pretty large charge that the company took in the
most recent quarter. This is a non cash income tax
charge of fifteen point nine three billion dollars. Meta though
does say this is a one off event, and I
just want to be very precise in the language here
(06:56):
and that they do still see their fourth quarter twenty
twenty five tax rate in the range of twelve to
fifteen percent, which would be in line with what the
street was looking for. But that does appear to be
where we're getting some of the reaction and one of
the reasons why you did see a little bit of
softness in that bottom line number for the quarter that
just was. Let me just dive a little bit deeper
into it and try to get you some more details.
Speaker 4 (07:16):
Yeah, we'll continue to follow that, but, as Romaine said,
could explain some of the negative reaction that we're seeing
right now. Meta shares now down by more than seven percent.
I do want to go to this line in the release.
We have a lot of focus, of course, when it
comes to Capex Meta. They expect full year twenty twenty
five total expenses to now be in the range of
one hundred and sixteen to one hundred and eighteen billion.
(07:36):
The prior outlook had been for one hundred and fourteen
to one hundred and eighteen billion there and they also
say that our current expectation is that capital expenditures dollar
growth will be notably larger in twenty twenty six than
in twenty twenty five. This has really been the story
for a lot of these Big seven names, but also
for Meta particularly.
Speaker 1 (07:54):
Sorry, I do want to go back to that tax
issue here with Meta, and this is something that Zuckerberg
and his team are going to have to address on
the call. They talk about the one big beautiful bill,
basically the big budget stimulus that was passed earlier this year.
They did say that they expect a significant reduction in
their federal cash tax payments for the rest of the
year because of that bill. However, they're saying that for
(08:15):
the quarter that just passed, they had to recognize evaluation
allowance change that basically amounted to a sixteen billion dollar charge. Again,
they are saying that this is a one time charge
and then effectively they will revert back to something that
actually a little bit less with regards to the effective
tax rate for the current quarter, the current fourth quarter
that we're in.
Speaker 5 (08:34):
Yeah, The company continues on their romains, says net income
would have increased by fifteen point nine three billion to
eighteen point six four billion compared to the reported net
income of two point seven to one billion dollars. The
company also saying Mark Zuckerberg specifically saying that leading the
industry when it comes to aiglasses, which we know that
(08:55):
and he sees a big opportunity there, A lot of
analysts are a big opportunity there. He says, if we
deliver even a free action of the opportunity ahead in
the next few years will be the most exciting period
in our history.
Speaker 4 (09:04):
All right, Well, those are some big words, but let's
tear our eyes away from Meta for just a moment
and talk about eBay, also reporting earnings fourth quarter net
revenue that is seen between two hundred and two point
eight three billion dollars to two point eight nine billion dollars.
The estimate had been for two point eight billion dollars,
so a bump up of that range. Take a look
(09:25):
at shares down almost nine percent at this point though,
so certainly some disappointment coming through when it comes.
Speaker 1 (09:32):
To eBay, some disappointment as well when it comes to Carvana.
Those shares down ten percent in the after hours trade,
with third quarter EPs coming in at a dollar three
a share, revenue coming in at five point sixty five
billion dollars. But here's your guidance. The company says if
full year EVA DAD will be at least two point
two billion. It previously pretty much guided towards that. It
had a range of two to two point two billion,
(09:53):
so maybe potentially trying to nudge slightly above that with
regards to expectations, we should point out though the company
is also saying here with regards to retail unit sales,
one hundred and fifty five thousand, nine forty one. We'll
just round up to one hundred and fifty six thousand here. Again,
that did beat the average of analyss essiments, but there
was a whisper number out there that was a little
bit higher, maybe partly responsible for why you're seeing the
(10:14):
shares down in the after hours trade.
Speaker 3 (10:16):
Yeah, it costs an expenses to you up about thirty
two percent year over year. Kurt Wagner though on our
live blog saying talking about this net income and how
we see this shortage and then attributing it to this
one time tax charge. Definitely a lot of questions on
what this is because it does feel like it's come
out of nowhere.
Speaker 1 (10:35):
Sorry, one quick one otch botlet crossing the wire right now.
Adjusteddps coming in line with estimates are twenty nine cents
a share. Revenue roughly coming in line with estimates at
three billion dollars. Comp sales lower than estimated, coming in
at point three percent. The street was looking for a
gain of about one percent here, So a little bit
light with regards to comp sales growth. Also a little
bit light when it comes to operating margin fifteen point
(10:57):
six fifteen point nine percent. It was looking for sixteen
point six.
Speaker 4 (11:01):
And while we're here, let's just talk about Service Now
really quickly boosting their full year subscription revenue forecast, also
beating estimates when it comes to the look back subscription
revenue now seen between twelve point eight four billion dollars
to twelve point eight five billion dollars. The previous guide
was for twelve point seven eight billion dollars to twelve
point eight billion dollars. So you can see, of course,
(11:21):
a little bit of a boost there to Service Now
when it comes to that full year subscription revenue.
Speaker 3 (11:26):
All right, so Microsoft down three point three percent, You've
got a Alphabet up about three and a half percent,
and you've got Meta down about five point seven percent.
So those are big ones that we'll keep a watch
on as we go into those calls with Alyason Investors.
Speaker 2 (11:38):
This stock Mover's 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.
Bloomberg Audio Studios, podcasts, radio news.
Speaker 2 (00:09):
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 Stenovak, Romain Bostik, and Scarlet Foo.
Speaker 3 (00:22):
I'm looking at the S and P five hundred most
names in that index, folks lower today, three hundred and
seventy eight, losing some ground today, Katie one hundred and
twenty four to the f side and one unchanged.
Speaker 4 (00:31):
Yeah, super narrow there. Let's take a look at the sector,
and let's take a look at the circle and see
what our friend is saying. There, you can see the
tech did manage to finish in the green actually as
a sector overall, up by about one percent. All eyes
on Nvidia Communication Services, which is pretty much tech in disguise,
also rallying strong today. Energy industrials catching a little bit
of a bid. What didn't do too well you would
(00:52):
guess this would be the case. Real estate down by
two point seven percent. We saw a big pop in
yields as jerown Palace speaking, and that certainly hit that
setter pretty hard, all.
Speaker 3 (01:02):
Right, real quickly. Nvidia, I got to mention five trillion
dollar market cap today, the stock up as much as
five and a half percent earlier in the day, still
finishing with a gain of about three percent historic five
trillion dollar market cap. We know we got a lot
of big headlines from the company and it's CEO Jensen
yesterday just the AI spend, the AI frenzy, and we
(01:22):
know how important this name is certainly to the bull
market that we've seen. With a fifty percent gain this
year through yesterday's close, the stock is single handedly responsible
for nearly a fifth of the S and P five
hundred's index seventy percent advance this year, so we know
it's been really driving the trade. Taradine just got to
mention this was definitely a top gainer in the S
(01:44):
and P five hundred of twenty percent in today's session.
I believe it's a record close. It's a semi manufacturing company.
Third quarter results beat expectations, and it gave an outlook
well ahead of analyst consensus. It also named Michelle Turner
its chief financial officer effective November. That stock up forty percent.
Caterpillar up eleven percent, also now performer today.
Speaker 1 (02:05):
Is this an AI play? Now? I'm old its Caterpillar
an AI play. No, isn't it nice?
Speaker 3 (02:11):
We got alphabet lets all right?
Speaker 1 (02:12):
Well, speaking of AI, Alphabet earnings are out. EPs coming
in looks like a pretty big beat. Two dollars and
eighty seven cents a share for the most recent quarter.
The street was looking for two dollars and twenty six
cents revenue in the most recent quarter. Also a beat
one hundred and two billion dollars in change. The street
on average was looking for roughly about ninety nine point
nine billion dollars. The company also says that it ended
(02:34):
the quarter that Google Cloud, I should say, ended the
quarter Get this, guys, one hundred and fifty five billion
dollar backlog.
Speaker 4 (02:41):
Yeah, certainly raises the stakes to for Amazon, a lot
of focus on that cloud business. You can see Alphabet
shares deciding what to do, moving higher right now. I
will say tim that the bar was high for Alphabet specifically,
you think about where the stock has gone here today,
up by forty five percent, but clearly you can see
investors pars through and deciding what to do.
Speaker 5 (03:01):
Yeah, bouncing around a little bit, but firmly hire now
about three percent. Sunder Pitshai, the CEO out saying that
the company had a terrific quarter, double digit growth across
every major part of the business, calling out the first
ever one hundred billion dollar quarter. He also called out
Gemini now processes seven billion tokens per minute and alludes
to the full stock approach to AI at Google that's
(03:21):
delivering strong momentum, shipping its speed, including the global rollout
of aio reviews in AI mode in search in record time.
Shares now up by about wow four percent.
Speaker 3 (03:30):
All right, from one hyperscaler to another week. Go, let's
go to Microsoft, folks, just crossing with its numbers. First
quarter intelligence cloud revenue, this is what we care about.
Thirty point nine billion. The estimate on the street was
thirty point eighteen billion, so it looks like it's coming
in line. First quarter Azure also important another cloud revenue
(03:51):
X currency up thirty nine percent. That beats the estimate
of a gain of about thirty seven point one percent,
and first quarter revenue I cain of beat seventy seven
points sixty seven billion dollars. The estimate on the street
remain seventy five point fifty five billion, and yet we're
seeing the stock down about four percent here in the
after market, So we'll look for some more color on
(04:12):
this one.
Speaker 1 (04:12):
Yeah, some of these numbers, well, certainly a beat with
regards to the average of analysts estimates that were public.
It looks like they did come in below some of
the whisper estimate estimates that Bloomberg had reported on. But
it gets to this idea as well. And we always
have to wait with Microsoft to actually get any sort
of forward guidance a little bit later, but this idea
of exactly what is in the pipeline that they can
actually sort of deliver or at least a flag to investors,
(04:34):
that could sort of be a signal here that not
just the spend on Microsoft's part, but more importantly, the
reciprocity is actually still there. Yeah.
Speaker 4 (04:41):
Absolutely, Maybe we'll get some more detail about the pipeline
when it comes to the earnings call. But you can
see again those shares holding the after hours decline of
about four percent, And we know it was a big
week for Microsoft with that open AI restructuring. Microsoft of
course securing a stake here when it comes to the future,
at least through twenty thirty two.
Speaker 5 (04:59):
Tim all right, I'm taking a look at Starbucks ticker SBUX,
that company out with earnings as we speak. Fourth quarter
China comp sales up two percent. The estimate was for
two point one six percent. Fourth quarter comp sales up
one percent. The beat estimates of just about negative half
a percentage point. Fourth quarter net revenue coming in above
estimates at nine point six billion dollars. Fourth quarter adjusted
(05:21):
innings per share coming in shy of estimates at fifty
two cents. Fourth quarter North America comp sales they were flat.
The estimate was for a decline of half a percentage point.
Fourth quarter adjusted operating margin up nine point of nine
point four percent. The estimate was for ten point two percent,
so that came in below estimates. Starbucks shares up about
one point six percent now in the after hours.
Speaker 3 (05:42):
All right, so let's get to medic because we're seeing
the stock drop about three point nine percent here in
the after market meta with the outlooks. He's fourth quarter
revenue fifty six to fifty nine billion. The estimate on
the street is fifty seven point thirty eight billion. Fourth
quarter twenty twenty five are fourth quarter revenue. Let me
go there, because we're heading that one here at the
Bloomberg Meta, seeing fourth quarter revenue fifty six to fifty
(06:05):
nine billion estimate fifty seven point thirty eight billion to
get in the stock down about five percent. Sees fourth
quarter total revenue to be in the range again a
fifty six point fifty nine keep reading the same ones
as they come up. Looking at the past quarter. Third
quarter AD revenue was fifty billion, that's a beat the
street was looking for. Forty eight point fifty nine billion.
Third quarter EPs a dollar five versus six three a share.
(06:29):
That's your over year, So we'll look for some color
on that one, and then just looking at go ahead.
Speaker 1 (06:35):
I just also want to point out too here just
going through their release here, there does appear to be
a pretty large charge that the company took in the
most recent quarter. This is a non cash income tax
charge of fifteen point nine three billion dollars. Meta though
does say this is a one off event, and I
just want to be very precise in the language here
(06:56):
and that they do still see their fourth quarter twenty
twenty five tax rate in the range of twelve to
fifteen percent, which would be in line with what the
street was looking for. But that does appear to be
where we're getting some of the reaction and one of
the reasons why you did see a little bit of
softness in that bottom line number for the quarter that
just was. Let me just dive a little bit deeper
into it and try to get you some more details.
Speaker 4 (07:16):
Yeah, we'll continue to follow that, but, as Romaine said,
could explain some of the negative reaction that we're seeing
right now. Meta shares now down by more than seven percent.
I do want to go to this line in the release.
We have a lot of focus, of course, when it
comes to Capex Meta. They expect full year twenty twenty
five total expenses to now be in the range of
one hundred and sixteen to one hundred and eighteen billion.
(07:36):
The prior outlook had been for one hundred and fourteen
to one hundred and eighteen billion there and they also
say that our current expectation is that capital expenditures dollar
growth will be notably larger in twenty twenty six than
in twenty twenty five. This has really been the story
for a lot of these Big seven names, but also
for Meta particularly.
Speaker 1 (07:54):
Sorry, I do want to go back to that tax
issue here with Meta, and this is something that Zuckerberg
and his team are going to have to address on
the call. They talk about the one big beautiful bill,
basically the big budget stimulus that was passed earlier this year.
They did say that they expect a significant reduction in
their federal cash tax payments for the rest of the
year because of that bill. However, they're saying that for
(08:15):
the quarter that just passed, they had to recognize evaluation
allowance change that basically amounted to a sixteen billion dollar charge. Again,
they are saying that this is a one time charge
and then effectively they will revert back to something that
actually a little bit less with regards to the effective
tax rate for the current quarter, the current fourth quarter
that we're in.
Speaker 5 (08:34):
Yeah, The company continues on their romains, says net income
would have increased by fifteen point nine three billion to
eighteen point six four billion compared to the reported net
income of two point seven to one billion dollars. The
company also saying Mark Zuckerberg specifically saying that leading the
industry when it comes to aiglasses, which we know that
(08:55):
and he sees a big opportunity there, A lot of
analysts are a big opportunity there. He says, if we
deliver even a free action of the opportunity ahead in
the next few years will be the most exciting period
in our history.
Speaker 4 (09:04):
All right, Well, those are some big words, but let's
tear our eyes away from Meta for just a moment
and talk about eBay, also reporting earnings fourth quarter net
revenue that is seen between two hundred and two point
eight three billion dollars to two point eight nine billion dollars.
The estimate had been for two point eight billion dollars,
so a bump up of that range. Take a look
(09:25):
at shares down almost nine percent at this point though,
so certainly some disappointment coming through when it comes.
Speaker 1 (09:32):
To eBay, some disappointment as well when it comes to Carvana.
Those shares down ten percent in the after hours trade,
with third quarter EPs coming in at a dollar three
a share, revenue coming in at five point sixty five
billion dollars. But here's your guidance. The company says if
full year EVA DAD will be at least two point
two billion. It previously pretty much guided towards that. It
had a range of two to two point two billion,
(09:53):
so maybe potentially trying to nudge slightly above that with
regards to expectations, we should point out though the company
is also saying here with regards to retail unit sales,
one hundred and fifty five thousand, nine forty one. We'll
just round up to one hundred and fifty six thousand here. Again,
that did beat the average of analyss essiments, but there
was a whisper number out there that was a little
bit higher, maybe partly responsible for why you're seeing the
(10:14):
shares down in the after hours trade.
Speaker 3 (10:16):
Yeah, it costs an expenses to you up about thirty
two percent year over year. Kurt Wagner though on our
live blog saying talking about this net income and how
we see this shortage and then attributing it to this
one time tax charge. Definitely a lot of questions on
what this is because it does feel like it's come
out of nowhere.
Speaker 1 (10:35):
Sorry, one quick one otch botlet crossing the wire right now.
Adjusteddps coming in line with estimates are twenty nine cents
a share. Revenue roughly coming in line with estimates at
three billion dollars. Comp sales lower than estimated, coming in
at point three percent. The street was looking for a
gain of about one percent here, So a little bit
light with regards to comp sales growth. Also a little
bit light when it comes to operating margin fifteen point
(10:57):
six fifteen point nine percent. It was looking for sixteen
point six.
Speaker 4 (11:01):
And while we're here, let's just talk about Service Now
really quickly boosting their full year subscription revenue forecast, also
beating estimates when it comes to the look back subscription
revenue now seen between twelve point eight four billion dollars
to twelve point eight five billion dollars. The previous guide
was for twelve point seven eight billion dollars to twelve
point eight billion dollars. So you can see, of course,
(11:21):
a little bit of a boost there to Service Now
when it comes to that full year subscription revenue.
Speaker 3 (11:26):
All right, so Microsoft down three point three percent, You've
got a Alphabet up about three and a half percent,
and you've got Meta down about five point seven percent.
So those are big ones that we'll keep a watch
on as we go into those calls with Alyason Investors.
Speaker 2 (11:38):
This stock Mover's 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.
Popular Podcasts
Spooky Podcasts from iHeartRadio
Whether you’re a scaredy-cat or a brave bat, this collection of episodes from iHeartPodcasts will put you in the Halloween spirit. Binge stories, frights, and more that may keep you up at night!
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.