Speaker 1: Bloomberg Audio Studios, Podcasts, Radio News.
Speaker 2: The Stock Movers Report, your roundup of companies making moves
Speaker 2: in the stock market, harnessing the power of Bloomberg Data.
Speaker 3: I'm Carol Master longer Tim Stanevik. Let's get to some
Speaker 3: stocks on the move in the house Bloomberg News Equities
Speaker 3: reporter Bailey Lipshalt and Carnival Man. What a swing today?
Speaker 4: Rough go for Carnival ticker CCL was down at one
Speaker 4: point almost six percent, closed down about four percent horse
Speaker 4: day since June. This comes after the company gave a
Speaker 4: trailing expectations in terms of guidance for the fourth quarter
Speaker 4: and talking about the cost headwinds they're facing. In twenty
Speaker 4: twenty six, we saw Peer's Norwegian cruise to Grand chl
Speaker 4: NCLH excuse me, and Royal Caribbean ticker RCL under pressure.
Speaker 4: This comes, really, guys, in a backdrop where we've been
Speaker 4: talking so much about the strength of the consumer A
Speaker 4: few investors had pointed to while at least the older
Speaker 4: people maybe who take cruise lines want to still show up,
Speaker 4: but it does seem like this is now starting to
Speaker 4: have an impact on the bookings, at least for this quarter.
Speaker 1: Well We spoke to Josh Weinstein on Bloomberg BusinessWeek Daily.
Speaker 1: He was very optimistic. Check out the interview on our
Speaker 1: podcast Speed. He said, the trajectory is good, the consumer
Speaker 1: is strong, and he pointed to bookings for twenty twenty
Speaker 1: six Bailey and he was like, look, and they said
Speaker 1: this on their call too. Half of what we are
Speaker 1: offering for twenty twenty six across our brands, that's already
Speaker 1: booked up. They always point to the value that these
Speaker 1: cruises offer. I mean, he has Carnival Cruise up to
Speaker 1: you know, the super super and yeah, the super high end, premium,
Speaker 1: ultra luxury.
Speaker 3: Yeah.
Speaker 1: So they kind of run every gamut of the American consumer,
Speaker 1: global consumer.
Speaker 3: Sound like the spin across the board. Now, bookings right
Speaker 3: can be canceled, they can be postponed and so on
Speaker 3: and so forth, but nonetheless continue to hear optimism. We
Speaker 3: had some optimism when it came to a really big
Speaker 3: LBO today.
Speaker 4: We did EA Electronic Arts sticker, EA closing up on
Speaker 4: the day four and a half percent when you go
Speaker 4: back to U using a two day move up more
Speaker 4: than twenty percent. This coming after a deal to be
Speaker 4: acquired in the largest leverage buyout on record two group
Speaker 4: of investors that includes a firm managed by a President
Speaker 4: Donald Trump's son in law, Jered Kushner, and Saudi Arabia
Speaker 4: Sovereign Wealth Fund guys fifty five billion dollars for a
Speaker 4: video game maker and electronic arts most well known at
Speaker 4: least when I went to high school for what used
Speaker 4: to be FIFA but now has been rebranded.
Speaker 3: Are you not playing anymore?
Speaker 2: I got old?
Speaker 4: I don't know, I graduated, I stopped playing videos.
Speaker 2: You old.
Speaker 3: Very funny.
Speaker 4: But there's another signal though, of the deal boom under
Speaker 4: Donald Trump and being back in the White House. So
Speaker 4: we did see that again up when you include the
Speaker 4: news that really broke late Friday, up about twenty percent
Speaker 4: that stopped closing on the day at two hundred and
Speaker 4: two dollars. Was trading back in January after a Snapfoo
Speaker 4: with a game rollout just around one seventeen, so a
Speaker 4: big rally if you bought earlier in the year.
Speaker 1: Cherl's a big Battlefield fan. She's like buying all the
Speaker 1: virtual outfits and stuff. Yeah, whenever I walked by the desk,
Speaker 1: she's got her console gear.
Speaker 3: That's me totally.
Speaker 1: Yeah, good Wi Fi and building.
Speaker 4: Yeah, that makes sense.
Speaker 1: You got capitalized. She hard, She's like.
Speaker 3: Serious, all right, So officially unofficial start to the next
Speaker 3: earning season. Jeffries a read on the financials after the close.
Speaker 4: The early reporter Jeffrey stick Er JEF beating expectations broadly.
Speaker 4: I mean, it's not a closely followed stock. It's not
Speaker 4: really necessarily that big of a company. It's only about
Speaker 4: fourteen billion dollars in market caps, so relative to I
Speaker 4: don't know called Goldman Sacks, which is two hundred and
Speaker 4: fifty three billion dollars. A small boutique player, but pretty
Speaker 4: solid results of beating expectational capital markets. They've been closely
Speaker 4: watched among other banks as it relates to IPOs and
Speaker 4: other share sales. Really not a bad print down one
Speaker 4: point seven percent, But to your point, Carol, the big
Speaker 4: boys will start October fourteenth is when we're going to
Speaker 4: get the cities. The Goldman Sacks the real read on
Speaker 4: some of those larger, more established Wall Street Wall Street firms,
Speaker 4: But nonetheless a solid move, or at least a solid print,
Speaker 4: albeit with a modest move lower and late late trading
Speaker 4: for Jeffries, do.
Speaker 3: You consider one point seven modest that's small.
Speaker 4: Well, it's also after hours trading. You're like, okay, well,
Speaker 4: what's even moving? You have two analyst estimates, so it's
Speaker 4: not like a big, big rally.
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