1 00:00:02,520 --> 00:00:07,360 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 --> 00:00:16,200 Speaker 2: in the stock market, harnessing the power of Bloomberg Data. 4 00:00:16,320 --> 00:00:18,239 Speaker 1: Let's move on and take a look at some stocks 5 00:00:18,239 --> 00:00:20,000 Speaker 1: that are on the move today. I'm Scarlet who with 6 00:00:20,000 --> 00:00:22,560 Speaker 1: the Luxus Christophers, and we're joined right now by Bloomberg's 7 00:00:22,600 --> 00:00:25,439 Speaker 1: Christine Aquino and Christine. T Mobile on the move, but 8 00:00:25,600 --> 00:00:28,880 Speaker 1: down absolutely Scarlet. So if EchoStar is the winner of 9 00:00:28,880 --> 00:00:32,320 Speaker 1: that space XDL, T Mobile is one of the losers today. 10 00:00:32,440 --> 00:00:35,640 Speaker 1: So Team Mobile taker tmus shares down more than three 11 00:00:35,680 --> 00:00:39,440 Speaker 1: percent at the moment, and that is because it's probably 12 00:00:39,520 --> 00:00:42,239 Speaker 1: going to be the main competitor for EchoStar if it 13 00:00:42,320 --> 00:00:44,920 Speaker 1: does expand its footprint in the wireless space, right because 14 00:00:44,920 --> 00:00:47,880 Speaker 1: Team Mobile has the largest market share in that space, 15 00:00:48,120 --> 00:00:52,200 Speaker 1: so potentially more robust competition. Definitely not good for that stock. 16 00:00:52,800 --> 00:00:54,840 Speaker 1: But we do have some you know, the T Mobile 17 00:00:55,000 --> 00:00:58,360 Speaker 1: not doing it's not doing too shabby with its own acquisitions. 18 00:00:58,400 --> 00:01:01,440 Speaker 1: Right last week we did get updated customer and financial 19 00:01:01,440 --> 00:01:05,960 Speaker 1: guidance with regards to its deal to acquire US Cellular's 20 00:01:06,000 --> 00:01:08,839 Speaker 1: wireless operations. So it's making moves in that space as well, 21 00:01:09,160 --> 00:01:11,720 Speaker 1: and so Team Mobile telling us last week that the 22 00:01:11,800 --> 00:01:15,080 Speaker 1: integration is now seen to be achieved in two years, 23 00:01:15,319 --> 00:01:17,759 Speaker 1: down from three to four years, so that's an improvement 24 00:01:17,920 --> 00:01:21,520 Speaker 1: and costs to achieve synergies expected to be about two 25 00:01:21,560 --> 00:01:24,319 Speaker 1: point six billion dollars. So Team Lebil making moves in 26 00:01:24,319 --> 00:01:26,720 Speaker 1: that space as well. It's just that the news today 27 00:01:26,880 --> 00:01:28,440 Speaker 1: is definitely negative. 28 00:01:28,000 --> 00:01:31,200 Speaker 2: For well, you know what, not negative for United Health though, right, 29 00:01:31,280 --> 00:01:33,200 Speaker 2: I mean investors in United Health have had a tough 30 00:01:33,200 --> 00:01:35,200 Speaker 2: go of it. I mean this talk is downta thirty 31 00:01:35,240 --> 00:01:37,640 Speaker 2: seven percent year to date, but it's up to date. 32 00:01:37,760 --> 00:01:42,039 Speaker 1: Tell us why, absolutely, alexis So yeah, United Health, Tiger 33 00:01:42,120 --> 00:01:44,959 Speaker 1: You and AH shares are up a little bit more 34 00:01:45,000 --> 00:01:47,360 Speaker 1: than one percent at the moment, one point one percent. 35 00:01:47,520 --> 00:01:50,640 Speaker 1: And so we do have news that it's going to 36 00:01:50,760 --> 00:01:54,680 Speaker 1: investor meetings this week and it intends to reaffirm the 37 00:01:54,720 --> 00:01:58,560 Speaker 1: guidance for adjusted EPs for fiscal twenty twenty five. So 38 00:01:58,880 --> 00:02:01,120 Speaker 1: that is coming from a little bit position of weakness though, 39 00:02:01,160 --> 00:02:05,440 Speaker 1: because remember last month they did reinstate guidance for about 40 00:02:05,480 --> 00:02:09,080 Speaker 1: sixteen dollars EPs adjusted EPs. They threw it in May, 41 00:02:09,520 --> 00:02:12,600 Speaker 1: and now that they've reinstated it, it's almost fifty percent 42 00:02:12,600 --> 00:02:15,280 Speaker 1: below the initial view, but you know that's being taken 43 00:02:15,320 --> 00:02:17,600 Speaker 1: as a silver lining. At least they reinstated the guidance. 44 00:02:17,800 --> 00:02:21,480 Speaker 1: The other reason why U and H is improving mostly 45 00:02:22,160 --> 00:02:25,800 Speaker 1: is because of the buffet effect, because we remember in 46 00:02:25,840 --> 00:02:28,520 Speaker 1: August we did get and used that Warren Buffet's Berkshire 47 00:02:28,520 --> 00:02:31,560 Speaker 1: Hathaway revealed that it bought a stake in Health Insurre 48 00:02:31,600 --> 00:02:33,960 Speaker 1: in the second quarter, and of course it enjoyed a 49 00:02:34,040 --> 00:02:36,960 Speaker 1: twenty four percent increase that month. 50 00:02:38,000 --> 00:02:40,120 Speaker 2: Buffet effect. Everyone wants the buffet effect. 51 00:02:40,440 --> 00:02:43,240 Speaker 1: Let's also talk about app Lovin, because a lot of 52 00:02:43,320 --> 00:02:46,399 Speaker 1: passive funds may soon be forced to buy that stock. Absolutely, 53 00:02:46,560 --> 00:02:49,560 Speaker 1: Carlos so app love and taker app shares up more 54 00:02:49,600 --> 00:02:52,960 Speaker 1: than eleven percent and so enjoying the benefits of S 55 00:02:53,000 --> 00:02:55,360 Speaker 1: and P five hundred index inclusions. And that's also one 56 00:02:55,400 --> 00:02:59,440 Speaker 1: of the companies that has been granted entry into the benchmark. 57 00:02:59,680 --> 00:03:03,160 Speaker 1: And you know they're sailing pretty smoothly this year. We 58 00:03:03,200 --> 00:03:06,880 Speaker 1: did get their second quarter results last month, those beat estimates, 59 00:03:07,000 --> 00:03:10,919 Speaker 1: and Bloomer Intelligence weigh in that it's third quarter sales 60 00:03:10,919 --> 00:03:13,720 Speaker 1: guidance implies ten to twelve percent growth, which is more 61 00:03:13,760 --> 00:03:16,880 Speaker 1: than a CONSISTUS estimate for eight percent, and some of 62 00:03:16,919 --> 00:03:20,200 Speaker 1: its features, such as a self service ad dashboard at 63 00:03:20,240 --> 00:03:24,520 Speaker 1: aipowered user acquisition is proceeding according to plans so Nata. 64 00:03:24,560 --> 00:03:26,400 Speaker 1: It's also being included a s A P five hundred, 65 00:03:26,639 --> 00:03:28,200 Speaker 1: another jewel. 66 00:03:28,000 --> 00:03:32,600 Speaker 2: To its crowd. The Stock Mover's report from Bloomberg Radio. 67 00:03:33,120 --> 00:03:35,240 Speaker 2: Check back with us throughout the day for the latest 68 00:03:35,320 --> 00:03:38,520 Speaker 2: roundup of companies making news on Wall Street and for 69 00:03:38,600 --> 00:03:42,560 Speaker 2: the latest market moving headlines. Listen to Bloomberg Radio Live, 70 00:03:42,960 --> 00:03:46,520 Speaker 2: catch us on YouTube, Bloomberg dot com, and on Applecarplay 71 00:03:46,560 --> 00:03:49,160 Speaker 2: and Android Auto with the Bloomberg Business app.