Bloomberg Podcasts
@bloombergpodcasts·503K subscribers·32.4K videos
Closing Bell: Super Micro Reports Lackluster Sales, Rivian Falls, Axon Soars | Stock Movers
Posted
August 5, 2025
Views
184
August 5, 2025
184
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
See what was published immediately before and after this episode.
8:47Now PlayingOn this episode of Stock Movers:
Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Sonali Basak, Carol Massar and Matt Miller.
- Super Micro (SMCI) shares dropped after lowering its fiscal year sales forecast, suggesting the company continues to face uneven uptake of powerful AI servers amid a shift to products based on new Nvidia Corp. chips. The company said Tuesday that revenue in the year ending in June 2026 will be at least $33 billion. In February, Super Micro offered a bullish long-term outlook because of demand for AI products, saying sales will be $40 billion — then almost twice as much as analysts’ estimates for the current fiscal year.
- Rivian (RIVN) forecast a larger adjusted loss this year than the electric vehicle maker expected previously, citing recent changes to stringent fuel economy rules in the US that threaten a key source of revenue. The adjusted loss before interest, taxes, depreciation and amortization this year will be $2 billion to $2.25 billion, the company said Tuesday. It had previously forecast a loss of no more than $1.9 billion by that measure, while Wall Street analysts had expected about $1.8 billion on average. Shares slid in the aftermarket.
- Axon (AXON) shares soared in trading today and hit a record intraday high after the maker of Tasers and other public safety equipment reported second-quarter earnings per share that topped expectations. Analysts also noted strong bookings for the company’s AI plan.
See omnystudio.com/listener () for privacy information.
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.
Check out more episodes of Stock Movers
Follow Bloomberg Podcasts on Twitter
Visit our other YouTube channels:
Bloomberg Television
Bloomberg Originals
For coverage on news, markets and more
#Stocks #Markets #Finance #Investing #Podcast #Bloomberg
Closing Bell: Super Micro Reports Lackluster Sales, Rivian Falls, Axon Soars
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
