WEBVTT - Amazon Sinks, Netflix Mixed on Amended Offer, Intel Rises

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<v Speaker 1>Bloomberg Audio Studios, Podcasts, radio News.

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<v Speaker 2>The Stock Movers Report, your roundup of companies making moves

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<v Speaker 2>in the stock market, harnessing the power of Bloomberg Data.

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<v Speaker 1>I'm Carol Messer along with Tim Stevick. Let's get to

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<v Speaker 1>some stocks on the move with us as Bloomberg News

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<v Speaker 1>crosshouse at reporter Emily Graffeo here in studio. Hello, Hello,

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<v Speaker 1>off and running.

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<v Speaker 3>Yeah, there's a lot of stocks that are in the red.

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<v Speaker 3>Let's start with Amazon ticker am ZN. It's down three

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<v Speaker 3>point nine percent, the intro day low, down four percent.

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<v Speaker 3>Most of it likely just the broader equity market decline

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<v Speaker 3>that we're seeing today on these fears of geopolitical volatility

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<v Speaker 3>potentially increased tariffs. And then we also did get their

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<v Speaker 3>CEO Andy Jase warning at Davos today that tariffs are

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<v Speaker 3>starting to creep into prices on the retailer's website. So

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<v Speaker 3>likely also weighing on the stock.

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<v Speaker 1>That mirrors like what we were just talking about with

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<v Speaker 1>Mike that you know what, I I think we feel

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<v Speaker 1>like we've had a fair amount of guests over the

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<v Speaker 1>last month or so that the idea that we still

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<v Speaker 1>haven't felt the full effect of terrorists, but now it's

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<v Speaker 1>kind of making its way across the board.

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<v Speaker 2>Yeah.

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<v Speaker 4>I think I shared this story a few weeks ago.

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<v Speaker 4>Buying some mittens for my son, I've balked at the price,

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<v Speaker 4>and the person selling him said, we got hit pretty

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<v Speaker 4>hard with tariffs when it comes to kids warm weather gear.

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<v Speaker 3>Yeah. Apparently Amazon had been taking some measures to offset

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<v Speaker 3>the tariff related costs, and that was working in twenty

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<v Speaker 3>twenty five, but it's not working so much in twenty

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<v Speaker 3>twenty six.

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<v Speaker 4>Okay, Amazon first on the list. What else is on

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<v Speaker 4>your radar?

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<v Speaker 3>So Netflix a little bit of a green spot. It

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<v Speaker 3>is pairing games. Though it was up as much as

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<v Speaker 3>two percent now it's actually about flat right now. But

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<v Speaker 3>the news with them today they're amending their bid to

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<v Speaker 3>acquire Warner Brothers to all cash. This is confirming reporting

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<v Speaker 3>that Bloomberg had had just about a week ago that

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<v Speaker 3>Netflix was going all cash.

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<v Speaker 4>Cash's king, Cash is king.

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<v Speaker 3>Here speaks to the strength of Netflix's balance sheet. And

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<v Speaker 3>then we're watching Netflix earnings coming in about an hour.

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<v Speaker 3>Watch for about twelve billion in revenue, but analysts are

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<v Speaker 3>expecting slowing revenue growth for the next three quarters.

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<v Speaker 1>Going to save you twenty seconds for Intel, because this

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<v Speaker 1>is an outperformer today.

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<v Speaker 3>This is an outperformer. Two upgrades on Wall Street for Intel.

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<v Speaker 3>The stock is up. It was up as much as

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<v Speaker 3>seven percent today up right now about five point seven percent.

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<v Speaker 3>HSBC and Seaport upgrading that stock is up thirty percent.

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<v Speaker 1>I know it's been on a tear. You know sometimes

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<v Speaker 1>I think, you know, we also pop up in the

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<v Speaker 1>White House and we talked about and we know we

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<v Speaker 1>who owns Intel? Some Intel?

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<v Speaker 2>You do?

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<v Speaker 1>Oh, and you do, and you do. All of us

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<v Speaker 1>have a little piece of.

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<v Speaker 4>Whether you want to or not.

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<v Speaker 3>Yeah.

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<v Speaker 2>The Stock Movers report from Bloomberg Radio. Check back with

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