October 31, 2025 • 7 mins
Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with David Gura, Katie Greifeld, Tim Stenovec and Carol Massar.
On this episode of Stock Movers:
- Netflix (NFLX) ends the day up 2.7% after the streaming giant’s board approved a ten-for-one forward stock split to reset its share price to a range that will be more accessible to employees in its option program.
- Amazon (AMZN) soars 9.6% after the e-commerce and cloud-computing company reported third-quarter results that beat expectations, with its Amazon Web Services (AWS) business especially strong. It also gave a positive forecast.
- Dexcom (DXCM) sinks 14.6% lower after the medical-equipment company gave a 2026 growth outlook that is seen as cautious, although many analysts view it as conservative.
See omnystudio.com/listener for privacy information.
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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 Stenobeck, Romain Bostik, and Scarlet Foo.
Speaker 3 (00:22):
Hey, listen to the s and P five hundred for
the month of October, folks up two point three percent,
Nasdaq one hundred to gain at four point eight percent.
And this on a day, David, where we are seeing
kind of an even split in the S and P
five hundred, two hundred and sixty names to the upside,
two hundred and thirty nine to the downside.
Speaker 4 (00:37):
Yeah, you're right, toughly half and a half.
Speaker 5 (00:38):
You're looking at consumer dis squestioning up about four percent,
energy about six tens of percent. You know, we talk
so much about tech and information technology. I'm struck here
just looking at the IMAP function here on the terminal.
Information technology down actually about three tens of percent.
Speaker 3 (00:51):
All right, So let's go to kind of a mixture
of red and green there. So let's go to some
of the individual games. I had to talk about. Amazon,
your top gainer are among your top gainers in the
major indices today finishing the day off its best levels,
but still again of about nine point six percent. Just quickly,
you know who they are, e Commerce, cloud Computing, one
of the largest market cap companies out there. They did
(01:13):
report third quarter results i'd beat expectations with its Amazon
Web Services business especially strong, and it also gave a
positive forecast. Lots and lots of Wall Street analysts raising
their price targets on the stock. I do think this
is also maybe a record close on this dame. We
certainly did see a record interday and it looks like
a record close also for Amazon on this Friday. Over
(01:36):
to Netflix we go that stuck up about two point
seven percent today's session, rallying. It announced a ten for
one stock split that was after the close yesterday. Also,
Netflix said to be actively exploring a bit for Warner
Brothers studio and streaming businesses. This came out from Reuter,
citing people with knowledge of the matter. Remember, though Bloomberg
News also has reported earlier that Netflix and both comcasts
(01:59):
are way bids for parts of the company, so company
at play. But Netflix was hired two point seven percent
and Warner Brothers as that target up another three point
eight percent in today's session, and then I just wanted
to throw First Solar. That's your number one gainer in
the s and P five hundred on this Friday, a
gain of about fourteen percent. Third quarter earnings per year
beat estimates. Alice viewing the company's full year narrowed guidance
(02:22):
as better than feared given the regulatory backdrop. We know
the pushback that we've seen from the administration on solar
and other alt energy. Several analysts also raising its price
target tim on the stock on this Friday.
Speaker 1 (02:34):
Well, First Solar maybe the best performer in the s
and P five hundred today. The worst performer that goes
to dex Calm down fourteen point six percent. This after
the company cut its adjusted gross margin forecasts for the
full year. There were some analysts, though, who came out
and said that twenty twenty six growth outlook I was
a little cautious. They view it as conservative in several
firms saying they're going to use the weakness as a
(02:55):
buying opportunity, and I think many would argue there was
quite a bit of weakness today. Speaking of weakness, the
worst day ever for new old brands down twenty eight
percent today. This is the parent company of Grayco, Rubber Maid, Yankee, Candle,
Elmer's Glue, Sharpie, and more. The company cut its normalized
earnings per share forecast for the full year, reported third
(03:16):
quarter results that were below consensus. It's now trading at
levels last seen in two thousand and nine. The companies
said it raised prices in response to tariffs, but competitors
they did not do the same and that hurt its
position in the market. And finally, more superlatives for luminar
technology ticker laser LAZR the worst day ever for the company.
(03:37):
Shares fell by more than forty five percent. It's now
trading at its lowest level ever. It's a record low
for the company. The automotive tech company makes light our
sensors and more raised a going concern warning. It says
it received a subpoena from the SEC for documents in
connection with an investigation it's conducting to determine if there
has been a violation of federal securities laws. The company
is exploring strategic alternatives, including a sale. Once again, shares
(04:00):
down more than forty five percent.
Speaker 6 (04:02):
Yeah, total wipeout in Laser. Let's get to the good
stuff and go to the bond market. We've been talking
about AI. Of course, we had those magnificent seven earnings,
but you remember we had a FED decision this week.
We had a FED meeting in which the FED chair
said that a December hike is or a rate cut
rather in December. It's no sure thing, and that really
has had an interesting impact on the bond market today.
(04:23):
Though pretty quiet the ten year treasure old. I'm going
to go ahead and call that unchanged. We're still well
above four percent. We did briefly get below that earlier
in the past week or so, but overall pretty quiet
when it comes to the bond market.
Speaker 4 (04:36):
Carol, all right, let's get to well.
Speaker 3 (04:39):
First of all, I just gonna say, David Gerr, are
you trying to cast some problems? You want him to
do the gainers?
Speaker 2 (04:43):
Yeah?
Speaker 5 (04:43):
I thought maybe mix it up a little bit next
time if I'm invited back.
Speaker 1 (04:47):
I got to say, how come you never did that?
People said, how came you never get to do the gainers?
And I say, I do them when Carol's got home.
Speaker 6 (04:53):
Well, David girl causing a ruckus in this chat, also
calling out Tim Stenovich for submitting his decliner's lates.
Speaker 1 (04:59):
That's thing David.
Speaker 3 (05:00):
I kind of just squeezing cousin problems, causing problems. All right,
let's get to some stories that are on our radar.
A lot of it has to do with Halloween. It
is Halloween, Happy Halloween, everybody. This one caught Tim and
my attention comes from our Business Week daily newsletter. And
it has to do with an old bank that's downtown.
It's been vacant. It played a pretty big role in
(05:23):
the nineteen twenties in terms of the excesses and then carelessness.
It's a National City Bank of New York, and now
a lot of folks are going there to celebrate Halloween.
Speaker 1 (05:35):
Okay, there's a boy.
Speaker 5 (05:36):
I think this is Tim and your costume, right, Tim, that's.
Speaker 1 (05:39):
Carol out all right.
Speaker 4 (05:43):
Next time there's.
Speaker 1 (05:45):
An undead cop who wanders the hall. The experience is
decidedly hair raising their killer clowns lurking in the vall.
Speaker 3 (05:51):
That was a killer clown.
Speaker 1 (05:52):
Yeah, oh that was the killer clown clown. I it
seems pretty cool. This is like very Bloomberg, right. It's
Halloween meets finance meets you know, a little bit of history.
Speaker 4 (06:00):
Boy, Tim, do I have a story for you?
Speaker 1 (06:02):
Yeah, I'm waiting.
Speaker 6 (06:03):
The story that we are bringing to the table is
about Halloween, but also ai there Apparently there's a haunted
house owner, a real estate developer.
Speaker 4 (06:11):
His name is Derek Strine.
Speaker 6 (06:12):
He wants to turn the nearly one hundred and thirty
acre grounds of the former Penhurst Asylum into a world
class data center.
Speaker 4 (06:19):
So, as I understand it, it is a haunted.
Speaker 6 (06:21):
House currently, but look at that land, that's square footage.
Speaker 4 (06:26):
Why not turn that into a data center. They're very
hot right now.
Speaker 5 (06:30):
Just fascinating this story. One hundred and twenty people work
around the holidays. It's like a successful haunted house. Yeah,
yet not successful enough. It seems he's already spent I
think millions of dollars, Katie kind of lining it up
to get more electricity, make it into the data center
that he hopes it is, you know, I guess, make
it more useful year round.
Speaker 4 (06:49):
I don't know.
Speaker 5 (06:49):
Well, I feel sad.
Speaker 4 (06:50):
It is a seasonal, seasonal business.
Speaker 6 (06:52):
I suppose we'll have to check in with him this
time next Halloween.
Speaker 3 (06:55):
Does anybody hear bubble bust? Well?
Speaker 1 (06:58):
I mean, is there anything more emblematic of our times that?
Speaker 6 (07:00):
Yeah?
Speaker 1 (07:01):
Transitions such as this? Yeah, I don't know if they
can get I know he's trying to get the electricity
up and running. But if you can get the power, why.
Speaker 2 (07:08):
Not The Stockmovers 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 Stenobeck, Romain Bostik, and Scarlet Foo.
Speaker 3 (00:22):
Hey, listen to the s and P five hundred for
the month of October, folks up two point three percent,
Nasdaq one hundred to gain at four point eight percent.
And this on a day, David, where we are seeing
kind of an even split in the S and P
five hundred, two hundred and sixty names to the upside,
two hundred and thirty nine to the downside.
Speaker 4 (00:37):
Yeah, you're right, toughly half and a half.
Speaker 5 (00:38):
You're looking at consumer dis squestioning up about four percent,
energy about six tens of percent. You know, we talk
so much about tech and information technology. I'm struck here
just looking at the IMAP function here on the terminal.
Information technology down actually about three tens of percent.
Speaker 3 (00:51):
All right, So let's go to kind of a mixture
of red and green there. So let's go to some
of the individual games. I had to talk about. Amazon,
your top gainer are among your top gainers in the
major indices today finishing the day off its best levels,
but still again of about nine point six percent. Just quickly,
you know who they are, e Commerce, cloud Computing, one
of the largest market cap companies out there. They did
(01:13):
report third quarter results i'd beat expectations with its Amazon
Web Services business especially strong, and it also gave a
positive forecast. Lots and lots of Wall Street analysts raising
their price targets on the stock. I do think this
is also maybe a record close on this dame. We
certainly did see a record interday and it looks like
a record close also for Amazon on this Friday. Over
(01:36):
to Netflix we go that stuck up about two point
seven percent today's session, rallying. It announced a ten for
one stock split that was after the close yesterday. Also,
Netflix said to be actively exploring a bit for Warner
Brothers studio and streaming businesses. This came out from Reuter,
citing people with knowledge of the matter. Remember, though Bloomberg
News also has reported earlier that Netflix and both comcasts
(01:59):
are way bids for parts of the company, so company
at play. But Netflix was hired two point seven percent
and Warner Brothers as that target up another three point
eight percent in today's session, and then I just wanted
to throw First Solar. That's your number one gainer in
the s and P five hundred on this Friday, a
gain of about fourteen percent. Third quarter earnings per year
beat estimates. Alice viewing the company's full year narrowed guidance
(02:22):
as better than feared given the regulatory backdrop. We know
the pushback that we've seen from the administration on solar
and other alt energy. Several analysts also raising its price
target tim on the stock on this Friday.
Speaker 1 (02:34):
Well, First Solar maybe the best performer in the s
and P five hundred today. The worst performer that goes
to dex Calm down fourteen point six percent. This after
the company cut its adjusted gross margin forecasts for the
full year. There were some analysts, though, who came out
and said that twenty twenty six growth outlook I was
a little cautious. They view it as conservative in several
firms saying they're going to use the weakness as a
(02:55):
buying opportunity, and I think many would argue there was
quite a bit of weakness today. Speaking of weakness, the
worst day ever for new old brands down twenty eight
percent today. This is the parent company of Grayco, Rubber Maid, Yankee, Candle,
Elmer's Glue, Sharpie, and more. The company cut its normalized
earnings per share forecast for the full year, reported third
(03:16):
quarter results that were below consensus. It's now trading at
levels last seen in two thousand and nine. The companies
said it raised prices in response to tariffs, but competitors
they did not do the same and that hurt its
position in the market. And finally, more superlatives for luminar
technology ticker laser LAZR the worst day ever for the company.
(03:37):
Shares fell by more than forty five percent. It's now
trading at its lowest level ever. It's a record low
for the company. The automotive tech company makes light our
sensors and more raised a going concern warning. It says
it received a subpoena from the SEC for documents in
connection with an investigation it's conducting to determine if there
has been a violation of federal securities laws. The company
is exploring strategic alternatives, including a sale. Once again, shares
(04:00):
down more than forty five percent.
Speaker 6 (04:02):
Yeah, total wipeout in Laser. Let's get to the good
stuff and go to the bond market. We've been talking
about AI. Of course, we had those magnificent seven earnings,
but you remember we had a FED decision this week.
We had a FED meeting in which the FED chair
said that a December hike is or a rate cut
rather in December. It's no sure thing, and that really
has had an interesting impact on the bond market today.
(04:23):
Though pretty quiet the ten year treasure old. I'm going
to go ahead and call that unchanged. We're still well
above four percent. We did briefly get below that earlier
in the past week or so, but overall pretty quiet
when it comes to the bond market.
Speaker 4 (04:36):
Carol, all right, let's get to well.
Speaker 3 (04:39):
First of all, I just gonna say, David Gerr, are
you trying to cast some problems? You want him to
do the gainers?
Speaker 2 (04:43):
Yeah?
Speaker 5 (04:43):
I thought maybe mix it up a little bit next
time if I'm invited back.
Speaker 1 (04:47):
I got to say, how come you never did that?
People said, how came you never get to do the gainers?
And I say, I do them when Carol's got home.
Speaker 6 (04:53):
Well, David girl causing a ruckus in this chat, also
calling out Tim Stenovich for submitting his decliner's lates.
Speaker 1 (04:59):
That's thing David.
Speaker 3 (05:00):
I kind of just squeezing cousin problems, causing problems. All right,
let's get to some stories that are on our radar.
A lot of it has to do with Halloween. It
is Halloween, Happy Halloween, everybody. This one caught Tim and
my attention comes from our Business Week daily newsletter. And
it has to do with an old bank that's downtown.
It's been vacant. It played a pretty big role in
(05:23):
the nineteen twenties in terms of the excesses and then carelessness.
It's a National City Bank of New York, and now
a lot of folks are going there to celebrate Halloween.
Speaker 1 (05:35):
Okay, there's a boy.
Speaker 5 (05:36):
I think this is Tim and your costume, right, Tim, that's.
Speaker 1 (05:39):
Carol out all right.
Speaker 4 (05:43):
Next time there's.
Speaker 1 (05:45):
An undead cop who wanders the hall. The experience is
decidedly hair raising their killer clowns lurking in the vall.
Speaker 3 (05:51):
That was a killer clown.
Speaker 1 (05:52):
Yeah, oh that was the killer clown clown. I it
seems pretty cool. This is like very Bloomberg, right. It's
Halloween meets finance meets you know, a little bit of history.
Speaker 4 (06:00):
Boy, Tim, do I have a story for you?
Speaker 1 (06:02):
Yeah, I'm waiting.
Speaker 6 (06:03):
The story that we are bringing to the table is
about Halloween, but also ai there Apparently there's a haunted
house owner, a real estate developer.
Speaker 4 (06:11):
His name is Derek Strine.
Speaker 6 (06:12):
He wants to turn the nearly one hundred and thirty
acre grounds of the former Penhurst Asylum into a world
class data center.
Speaker 4 (06:19):
So, as I understand it, it is a haunted.
Speaker 6 (06:21):
House currently, but look at that land, that's square footage.
Speaker 4 (06:26):
Why not turn that into a data center. They're very
hot right now.
Speaker 5 (06:30):
Just fascinating this story. One hundred and twenty people work
around the holidays. It's like a successful haunted house. Yeah,
yet not successful enough. It seems he's already spent I
think millions of dollars, Katie kind of lining it up
to get more electricity, make it into the data center
that he hopes it is, you know, I guess, make
it more useful year round.
Speaker 4 (06:49):
I don't know.
Speaker 5 (06:49):
Well, I feel sad.
Speaker 4 (06:50):
It is a seasonal, seasonal business.
Speaker 6 (06:52):
I suppose we'll have to check in with him this
time next Halloween.
Speaker 3 (06:55):
Does anybody hear bubble bust? Well?
Speaker 1 (06:58):
I mean, is there anything more emblematic of our times that?
Speaker 6 (07:00):
Yeah?
Speaker 1 (07:01):
Transitions such as this? Yeah, I don't know if they
can get I know he's trying to get the electricity
up and running. But if you can get the power, why.
Speaker 2 (07:08):
Not The Stockmovers 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.
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