1 00:00:02,520 --> 00:00:07,040 Speaker 1: Bloomberg Audio Studios, podcasts, radio news. 2 00:00:08,560 --> 00:00:12,440 Speaker 2: The Stock Movers Report, your roundup of companies making moves 3 00:00:12,480 --> 00:00:17,040 Speaker 2: in the stock market, harnessing the power of Bloomberg data. 4 00:00:16,720 --> 00:00:18,919 Speaker 3: See what stocks are moving here today? We can do 5 00:00:18,960 --> 00:00:21,200 Speaker 3: that with Bloomerg, Isabel Late Isbell, what are you looking at? 6 00:00:21,640 --> 00:00:26,280 Speaker 1: We can start without Carvana, tickers, CVNA, so shares, Paarabax 7 00:00:26,320 --> 00:00:28,160 Speaker 1: some of those losses, but it's still in the red 8 00:00:28,200 --> 00:00:31,520 Speaker 1: down zero point zero five percent after Bank of America 9 00:00:31,640 --> 00:00:35,760 Speaker 1: downrated the online use car retailer to neutral from buy. 10 00:00:36,080 --> 00:00:36,199 Speaker 2: So. 11 00:00:36,240 --> 00:00:39,600 Speaker 1: They cited recent macro and industry developments. The analyst over there, 12 00:00:39,640 --> 00:00:43,400 Speaker 1: Michael McGovern says that the recent oil shock potentially pressuring 13 00:00:43,400 --> 00:00:46,640 Speaker 1: and already stretched lower and middle income consumer and two 14 00:00:46,720 --> 00:00:49,040 Speaker 1: year rates moving in the opposite direction. That's why they 15 00:00:49,080 --> 00:00:51,760 Speaker 1: think that the risk reward profile is a bit balanced 16 00:00:51,760 --> 00:00:53,880 Speaker 1: for now, so they set the price target to three 17 00:00:53,960 --> 00:00:55,720 Speaker 1: hundred and sixty dollars. I feel like we're seeing this 18 00:00:55,840 --> 00:00:59,080 Speaker 1: more and more analysts citing the war directly in oil. 19 00:00:59,160 --> 00:01:01,920 Speaker 1: I mean, it's not surprise that this is happening, at 20 00:01:02,000 --> 00:01:03,160 Speaker 1: least for Carvana. 21 00:01:03,720 --> 00:01:05,840 Speaker 3: Yeah, and of course all the other companies that are 22 00:01:05,840 --> 00:01:10,160 Speaker 3: affected in the same way, let's switch over to Techland Techland, 23 00:01:10,160 --> 00:01:10,839 Speaker 3: and this is in degree. 24 00:01:10,920 --> 00:01:13,679 Speaker 1: Netflix is up by around one and a half percent. 25 00:01:13,760 --> 00:01:17,800 Speaker 1: Tickr is NFLX. So this comes after Goldman Sex upgraded 26 00:01:17,800 --> 00:01:20,720 Speaker 1: this DOOC to buy from neutral. So they expect netflix 27 00:01:20,800 --> 00:01:24,199 Speaker 1: upcoming earnings to really reflect a strong start to twenty 28 00:01:24,240 --> 00:01:27,440 Speaker 1: twenty six. They said management continues to execute well against 29 00:01:27,440 --> 00:01:31,160 Speaker 1: its core areas. Netflix reports on April sixteen, so that's 30 00:01:31,280 --> 00:01:34,240 Speaker 1: going to be in some next week, I think. And 31 00:01:34,280 --> 00:01:36,200 Speaker 1: they also said there are signs of a healthy backdrop 32 00:01:36,200 --> 00:01:39,880 Speaker 1: for Netflix scaling advertising business, and this comes after ad 33 00:01:39,880 --> 00:01:43,840 Speaker 1: supported users and product initiatives are supportive of that. And 34 00:01:43,959 --> 00:01:47,040 Speaker 1: Netflix is also sustaining at revenue growth. Price target is 35 00:01:47,080 --> 00:01:49,720 Speaker 1: now one hundred and twenty from one hundred dollars. I 36 00:01:49,720 --> 00:01:52,160 Speaker 1: feel like I saw news over the weekend that something 37 00:01:52,200 --> 00:01:55,680 Speaker 1: about password sharing and how Netflix may have been allowing 38 00:01:55,680 --> 00:01:57,440 Speaker 1: it already, but I'm not so certain. 39 00:01:57,480 --> 00:01:59,280 Speaker 3: Well, well, no, they crack down on crackdown, and. 40 00:01:59,600 --> 00:02:01,520 Speaker 1: Then maybe who knows what I read? 41 00:02:01,920 --> 00:02:06,200 Speaker 3: I know what impacted on Sweeney Offspring route awakening. 42 00:02:06,360 --> 00:02:10,560 Speaker 1: Oh really yeah, a lot of people, it's I think 43 00:02:10,600 --> 00:02:15,360 Speaker 1: it's allowed for families can't use it anymore, especially in 44 00:02:15,400 --> 00:02:18,480 Speaker 1: different cities. But that's where a lot of immigrant families are. Like, 45 00:02:18,760 --> 00:02:20,960 Speaker 1: what if my parents are in a different city. That 46 00:02:21,120 --> 00:02:21,880 Speaker 1: was the conversation. 47 00:02:21,960 --> 00:02:24,040 Speaker 3: Yeah, they want to all buy your own Netflix accounts, 48 00:02:24,040 --> 00:02:24,440 Speaker 3: and now I. 49 00:02:24,400 --> 00:02:26,160 Speaker 1: Do have my own from my parents in age. 50 00:02:26,760 --> 00:02:29,360 Speaker 3: And look at Isabel Tyson Foods. 51 00:02:29,600 --> 00:02:33,560 Speaker 1: Tyson ticker is TS and stock is down but maybe 52 00:02:33,800 --> 00:02:36,920 Speaker 1: two tens one percent. Piper Sandler upgraded the stock to 53 00:02:37,040 --> 00:02:41,400 Speaker 1: overweight from neutral, citing near term catalysts in beef and chicken. 54 00:02:41,919 --> 00:02:46,600 Speaker 1: So again, it's about protein, protein, protein. It also appears 55 00:02:46,639 --> 00:02:50,200 Speaker 1: to be well insulated from JLP one risks price targets 56 00:02:50,240 --> 00:02:52,920 Speaker 1: hike to seventy five dollars from sixty one dollars. But yeah, 57 00:02:53,000 --> 00:02:56,480 Speaker 1: everything is protein these days. I mean even I'm thinking 58 00:02:56,480 --> 00:02:58,080 Speaker 1: about it and I'm not even a vest. 59 00:02:58,919 --> 00:03:03,160 Speaker 2: The stock movers from Bloomberg Radio. Check back with us 60 00:03:03,200 --> 00:03:06,000 Speaker 2: throughout the day for the latest roundup of companies making 61 00:03:06,080 --> 00:03:09,680 Speaker 2: news on Wall Street and for the latest market moving headlines. 62 00:03:09,880 --> 00:03:13,920 Speaker 2: Listen to Bloomberg Radio Live, catch us on YouTube, Bloomberg 63 00:03:13,960 --> 00:03:17,040 Speaker 2: dot com, and on Applecarplay and Android Auto with the 64 00:03:17,040 --> 00:03:18,440 Speaker 2: Bloomberg Business app.