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>> the Stock Movers Report, your roundup of

companies making moves in the stock

market, harnessing the power of

Bloomberg data.

I'm Jim Stenc along with Lisa Mateo.

Let's take a look at some stocks on the

move. Today we are joined by Bloomberg

News senior equities reporter Bailey Lip

Schultz. Hey Bailey,

>> what's going on Tim?

>> Um, we're not much.

>> We're having fun. It's like, you know,

it's an Nvidia kind of trade. It's a

tech trade. A lot of cloud or software

as a service companies, I should say,

moving today. We're thinking about

Jackson Hole tomorrow. What about you?

>> Yeah. All things Nvidia.

>> Yeah. Okay. Let's go.

>> NVDA up 8.7%. Okay. So, best day since

April. The thing that blows my mind, if

I round up ever so slightly, the company

added a palunteer to its market cap

today.

>> I love that you went there. one day

>> $445 billion in market cap added.

Mind-blowing because they projected

sales growth for next fiscal year of

70%. So we're already talking about

massive numbers. The average annual

assessments were for 45%. So, it's just

kind of mind-numbing to look at a

company that added $440 billion in

market cap is back around $5.5 trillion

in market cap, crushing expectations,

and it just kind of is difficult for for

the sell side to really model what the

future could look like. And that's

again, we're we're talking about, yes,

there are AI risk. Yes, this is a

company that's very much financing

companies that it's investing in its own

partners. So circular financing

concerns, but that aside, if you look at

today's print, it really did seem to

kind of cast a shadow, a bit of a shadow

on this uncertainty that we're in in the

midst of a bubble.

>> Well, I'm using our AskB Bloomberg AI

right now

>> and what I asked it to do was to give me

a list of market cap of components of

the S&P 500 Bailey because you said this

is an entire palunteer. So I was like,

how many stocks are actually bigger than

the market cap that Nvidia added today?

You only have to go down 26 places.

Well, actually even fewer than that.

>> Does that even count double alphabet?

Probably.

>> Probably. I don't even know if it covers

double alphabet, but like Costco, $414

billion. Lamb Research, $400 billion.

That's like, you know, 475 stocks in the

S&P 500 basically are smaller than the

amount of money that Nvidia added today.

And you look at it using the function on

the terminal. Nvidia was worth 52 points

on the S&P 500.

>> Wow.

>> That's just crazy. Amazon was down one

and a half%. That's four. That's like

less than 10% to the downside on Amazon.

Just mind-numbing.

>> You got to teach me how you did that

later.

>> Okay, listen. Ask B. It is like the AI

worth having. It's in the terminal. Ask

B and you just talk to it. And sometimes

I talk to it.

>> Yeah, I'm sure you do.

>> U. All right. We're talking to Bailey

Lip Schultz and he's also uh looking at

Autodesk. What's going on with Autodesk?

>> Autodesk, ticker adsk right now down

almost 7% postmarket. Uh this came after

adjusted EPS for the third quarter.

Missed expectations really kind of

digging into some of these numbers. Uh

some good and a lot that's not too

great. Uh overall full year forecast,

revenue forecast beating expectations,

but it does seem like it's going to be a

choppy second half. Just got to keep in

mind though, this is a company that

closed at the highest level since

January. We've seen the entire ecosystem

really rallying from those June bottoms.

So headline not great when your third

quarter uh forecasts are weaker than

what Wall Street was looking for, but

this does seem like we're kind of

working through maybe the dog days of

summer with some of these late

reporters.

>> All right. You also have Wendy's not

doing well. It's not because of the

Baconator. I'll tell you that much. I've

never tried it. Just to put it out

there, but um but yeah, there's some big

news behind Wendy's.

>> Wendy's. Yeah, Wendy's or Workday.

Workday two.

>> Oh, work day.

>> Work day. I mean, I I can I can riff on

Wendy's. I don't actually

>> is just particular cuz she chose Wendy's

as one of her movers today. Didn't get

to talk about it.

>> No. Well, we we can talk about, you

know, try not trying to pursue a bid or

workday, which is rumored to potentially

be in a target for Silverlake. So,

there's similarities there. There's

similarities there. Workday ticker WDAY

down almost 8%. Uh lukewarm results is

what uh Brody Ford is calling it. uh

subscription revenue backlog below what

Wall Street was looking for. And again,

this is a a kind of market where we're

seeing pockets of software rallying. So,

opposite of a cyber.

>> Yeah. You mentioned the Silverlake news

from at this point a few weeks ago, a

few months ago, I don't even know. That

was like a blessing uh to workday.

That's what Brody described to us a

little earlier today ahead of these

numbers, but many people were like,

"Wait a second. Are we going to see a

report like we got from Salesforce

yesterday for Workday?" Not necessarily

seeing that today.

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