Synopsys Drops, Chewy Slides, Oracle Gains on Bullish Outlook

On this episode of Stock Movers:
- Synopsys (SNPS) shares drop after the company gave a weak reading on revenue from design IP and a weaker-than-expected earnings outlook. The company also warned that US export restrictions are contributing to a slowdown in China
- Chewy (CHWY) shares slide after the retailer of pet products reported its second-quarter results and gave an outlook. CHWY had risen more than 20% off an August low, as of last close.
- Oracle (ORCL) shares rise after the company gave a bullish outlook for its cloud business. After FY2026, it sees Cloud Infrastructure revenue in subsequent four years of $32b, $73b, $114b and $114b.

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Episode Transcript

Speaker 1 (00:02):
Bloomberg Audio Studios, podcasts, radio news.

Speaker 2 (00:08):
The Stock Movers Report, your roundup of companies making moves
in the stock market, harnessing the power of Bloomberg Data.

Speaker 3 (00:16):
Time Now for a look at some stocks on the
move today. Want to bring in Bloomberg's normal Linda for
that synopsis. Boy, oh boys, that getting beaten up today.

Speaker 4 (00:24):
Oh it is a terrible brutal day for the company
right now, let's take her SNPs. We're seeing shares that
are seeing their worst day ever here, a down as
much as thirty six percent. And of course we know
this is a lot of involved within the trade concerns
that we were seeing of course with tariffs and everything here,
but potentially essentially with this company. The company warned that

(00:46):
the US export restrictions are contributing to a slowdown in China,
and we know, of course this is the largest market
for semiconductors. This is not what Wallstreet wants to hear,
of course, not with the company here wants the feel.
So you are seeing Wall Street really, you know, taking
a beating. This talk is taking a beating here as
we're here in trading today. But I mean, if you
look at the stock, it's not about eighteen percent year

(01:07):
to date here.

Speaker 1 (01:08):
And we've seen, of course the indexes reach their highs
and have pared some of their gains, certainly for the
SMP and the NAZDAX. So let's stay with the downtrend
and take a look at CHEWY because that's not seeing
big losses too.

Speaker 4 (01:18):
Also seeing big losses down as much as seventeen percent
in trading today. That's the biggest drop since March of
twenty twenty two. And this is after another outlook that
we're looking at here. They had a high expectations going
into the report. Wall Street was really ambitious here and
it seems as they failed to meet some of those
high hopes here. RBC is potentially are they're pointing toward

(01:39):
the idea that EBITA outlook was only maintained. They would
have liked to see a little bit more strength there.
But they're going to be paying attention to whether this
is due to conservative conservatism or an inflection and costs
or change in the pace of sponsored ads growth. So
lots to watch there, But I do want to end
in a name in the green despite the fact that
I'm wearing red today. Let's take a look at you

(02:00):
shares of Oracle. That's O RCL. Of course, this is
the story that we can't stop talking about today. Really
seeing some strong gains here, big strength up as much
as forty one percent. It's just a stellar, historic day here.
And of course we know that this is after the
company gave an aggressive outlook for its cloud business in particular.
This is really putting it in a place where it's
able to really be cemented in the racist support the

(02:20):
demand for a computing that we've been discussing so much
this year, and it seems like Ellie Larry Ellison has
pretty much told Musk to scoot over. He's now the
richest man right now, surpassing Elon Musk. So great day here,
for sure.

Speaker 1 (02:35):
Feel like it's like the new and Video. I know
that they do different things, but it's like it's a
new in video. It's like the new Darling Stock.

Speaker 4 (02:41):
Oh, I feel like Wall Street. You know, we love
a hot name. Everyone loves to have this new, sparkly,
shiny thing. And it does seem as though Oracle was
definitely in the game when it comes to that.

Speaker 3 (02:50):
Larry Ellison, I knew you were going there because I
can't get over it. What at least on paper, earning
one hundred and one billion hours on one day.

Speaker 4 (02:58):
Insane, I mean shareholders. I'm sure they're happy right now.
Very historic day. This is the biggest Interney game since
nineteen ninety two and highest interny level ever.

Speaker 2 (03:10):
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