英伟达财报前微跌，Intuit 下调展望，Smucker 上调全年指引

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The Stock Movers Report, your roundup of companies making moves in the stock market, harnessing the power of Bloomberg data.

Let's take a look at some of the stocks on the move today. We can do that with the Bloomberg's [music] app. Christina Aquino, managing editor for Markets Live. Christina, what are you looking at?

All right, Paul. Well, we got to talk about Nvidia cuz it's the big day. So, ticker NVDA. Those shares actually not doing too badly, just down a little bit, 3/10 of 1% at the moment. And again, the big question, right, what is the state of AI demand? And what do Nvidia's results tell us about that? So, the revenue estimate, of course, I mean, it's a bajillion dollars. It's not really, it's $92 billion. Might as well

Might as well

be a bajillion dollars. A lot of that uh looking to come from the data center uh part of the business. The revenue estimate there is $85 billion. Uh and you know, I think a lot of investors and analysts looking at the margins part of the earnings. That's going to be interesting because that will tell us kind of how much pricing power Nvidia still has. Remember that they told customers recently they're going to have to increase prices to account for the surge in memory chip expenses.

And so, we're looking to hear more from them in terms of how much they are able to wield that pricing power, investments into other uh companies, particularly their own customers. Uh another topic uh that would be of interest to investors and analysts, especially because, you know, there's whole uh concerns about this whole circular funding issue uh and Nvidia being very much at the center of all of that. I mean, one interesting thing that we were looking at this on the MLive blog today, Nvidia is no longer the biggest driver of uh day-to-day moves in in equity markets.

And so, you know, at least by that measure, some of its influence is is starting to wane a little bit, but still, of course, a very important company to watch.

All right, next up on your list?

We're looking at Intuit as well, Scarlet. Uh we know the results weaker than expected, of course, and we're seeing that in the shares. So, ticker INTU, those shares are now down 3 and 1/2%. I mean, look, outlook is weaker than expected. That was very much, of course, related to concerns, again, about the AI-related disruption that this stock has had to battle for most of this year. They were very much part of that SAS-pocalypse narrative earlier this year.

And Bloomberg Intelligence weighing in and saying that, you know, it really does signal disruption, not just caution. The fact that they did have a weaker than expected outlook. And there is very much slowing momentum in QuickBooks and TurboTax. JP Morgan weighing in as well, downgrading the stock from overweight to now neutral and also cutting its price target by a good chunk, $331 now versus $605.

All right. J.M. Smucker, Orrville, Ohio. That sounds like middle America, Orrville, Ohio. J.M. Smucker.

Very fitting for a company like Smucker. I mean, that stock is doing too well today or it is doing well today. Ticker SJM, the shares are up now 3.8%. Good results. It is a beat as well as a raise for their full-year outlook. Both sales and profit got upgraded there. And they're citing growth particularly in its Uncrustables sandwiches and coffee.

Interesting. There you go.

I I I can't say I've eaten a lot of Uncrustables sandwiches, so I don't know. But, I mean, they say also that the new guidance is

Well, [laughter] you're not an elementary

But, yeah, I mean, they say as well that the new guidance includes roughly $115 million of tariff refunds. So, tariffs also helping

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the bottom line for Smucker here.

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