1 00:00:02,520 --> 00:00:10,440 Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The Stock Movers podcast, 2 00:00:10,800 --> 00:00:14,080 Speaker 1: your roundup of companies making moves in the stock market, 3 00:00:14,240 --> 00:00:17,480 Speaker 1: harnessing the power of Bloomberg data. Let's take a look 4 00:00:17,480 --> 00:00:19,600 Speaker 1: at some stocks on the move today. I'm Nathan Hager, 5 00:00:19,680 --> 00:00:22,319 Speaker 1: joined by Bloomberg's Kritty Gupta, trying to keep up with 6 00:00:22,360 --> 00:00:25,000 Speaker 1: all the stocks moving off the back of earnings. Pretty 7 00:00:25,120 --> 00:00:26,079 Speaker 1: good morning. 8 00:00:26,480 --> 00:00:29,280 Speaker 2: Good morning, Nathan. Let's kick it off with a caffeine 9 00:00:29,280 --> 00:00:31,320 Speaker 2: boost if we can, as we should watch every morning, 10 00:00:31,680 --> 00:00:33,800 Speaker 2: and if you're not drinking caramel lates, you absolutely should. 11 00:00:33,800 --> 00:00:37,400 Speaker 2: I think that's what's helping Starbucks' numbers this morning. Sbux 12 00:00:37,840 --> 00:00:39,120 Speaker 2: is the ticker you want to keep an eye on. 13 00:00:39,200 --> 00:00:41,760 Speaker 2: Hire by four and a half percent this morning, training 14 00:00:41,760 --> 00:00:45,120 Speaker 2: about ninety seven dollars and change. Pretty big move for 15 00:00:45,159 --> 00:00:49,960 Speaker 2: Starbucks after they were reported better than expected net revenue. Now, look, 16 00:00:50,159 --> 00:00:52,880 Speaker 2: these are still not strong numbers necessarily. The cop sales 17 00:00:52,920 --> 00:00:55,720 Speaker 2: for the third quarter is minus two percent. The estimate 18 00:00:55,960 --> 00:00:57,880 Speaker 2: was minus one and a half percent. But the thinking 19 00:00:57,960 --> 00:01:00,840 Speaker 2: here is that the net revenue is still coming in higher. 20 00:01:00,880 --> 00:01:02,840 Speaker 2: The estimate there was about nine point three billion. They 21 00:01:02,880 --> 00:01:04,920 Speaker 2: came in with nine point five billion, So one of 22 00:01:04,959 --> 00:01:08,440 Speaker 2: the stories where you shooting for a B plus, you 23 00:01:08,440 --> 00:01:10,760 Speaker 2: get a B minus and that's good enough. Okay, I 24 00:01:10,800 --> 00:01:12,759 Speaker 2: think is the way to think about that. Star Power 25 00:01:12,760 --> 00:01:16,880 Speaker 2: shares exactly SBUX higher by four and a half percent. Well, 26 00:01:16,880 --> 00:01:18,360 Speaker 2: when I think of coffee, I think about what goes 27 00:01:18,360 --> 00:01:22,440 Speaker 2: good with it, and maybe oreos. Nathan, Yeah, you can 28 00:01:22,480 --> 00:01:23,839 Speaker 2: dip an oreo and a cup of coffee. 29 00:01:23,840 --> 00:01:24,440 Speaker 1: Why not? Sure? 30 00:01:24,520 --> 00:01:26,520 Speaker 2: Why not the little sugar boost in the morning. It 31 00:01:26,560 --> 00:01:30,200 Speaker 2: takes us, Nicholas nicely to the Oreo maker. Mandalze MDLZ 32 00:01:30,400 --> 00:01:33,440 Speaker 2: also under pressure this morning, down about one percent, trading 33 00:01:33,520 --> 00:01:36,120 Speaker 2: just shy of sixty nine dollars a share. Now, I 34 00:01:36,160 --> 00:01:39,160 Speaker 2: thought this was interesting because they're basically saying that my 35 00:01:39,319 --> 00:01:41,600 Speaker 2: habit of stress eating is not really how the rest 36 00:01:41,600 --> 00:01:44,640 Speaker 2: of the country operates. They're saying unease around the economy 37 00:01:45,040 --> 00:01:48,440 Speaker 2: drove a bigger than expected decline in North American sales 38 00:01:48,720 --> 00:01:50,840 Speaker 2: in the second quarter. I would think uneies around the 39 00:01:50,840 --> 00:01:54,480 Speaker 2: economy would include more snacking. I guess not for Mandalize. 40 00:01:54,480 --> 00:01:57,720 Speaker 2: They are worried though about They're saying that consumer sentiment 41 00:01:57,800 --> 00:02:00,360 Speaker 2: is eating into some of their sales numbers, not just 42 00:02:00,440 --> 00:02:02,800 Speaker 2: here in the States, but of course around the world, 43 00:02:02,800 --> 00:02:06,840 Speaker 2: and those price increases that they had put on earlier 44 00:02:06,880 --> 00:02:09,840 Speaker 2: in the year are certainly not offsetting that in the 45 00:02:09,880 --> 00:02:12,040 Speaker 2: way that they were hoping and sticking with that unease 46 00:02:12,040 --> 00:02:13,720 Speaker 2: in the economy, we got to talk about Hershey's now 47 00:02:13,760 --> 00:02:16,880 Speaker 2: that we're on the snacking train anyway, hershey shares are 48 00:02:16,880 --> 00:02:19,480 Speaker 2: also down under pressure for a similar reason. They're talking 49 00:02:19,520 --> 00:02:22,720 Speaker 2: about tariff costs of at least one hundred and seventy 50 00:02:22,880 --> 00:02:25,240 Speaker 2: million dollars to one hundred and eighty million dollars. That 51 00:02:25,320 --> 00:02:28,080 Speaker 2: is up from its estimate of fifteen to twenty million. 52 00:02:28,160 --> 00:02:31,120 Speaker 2: So a giant hit comes to the tariff impact and 53 00:02:31,200 --> 00:02:34,520 Speaker 2: significantly larger than what they expected. Till hsy is your 54 00:02:34,560 --> 00:02:37,360 Speaker 2: ticker for Hershey's down about one point two percent, training 55 00:02:37,600 --> 00:02:40,200 Speaker 2: at one hundred and eighty four dollars a share. So 56 00:02:40,320 --> 00:02:43,960 Speaker 2: lots going on there in terms of the snacking place, 57 00:02:43,960 --> 00:02:46,600 Speaker 2: and certainly in the caramelante space as well. But let's 58 00:02:46,600 --> 00:02:49,320 Speaker 2: talk a little bit about credit cards and insurance. I 59 00:02:49,320 --> 00:02:52,800 Speaker 2: feel like that's the natural transition. Sure shares are in 60 00:02:52,800 --> 00:02:55,760 Speaker 2: the spotlight this morning. V is the ticker now they 61 00:02:55,800 --> 00:02:59,400 Speaker 2: are sliding their fiscal year profit outlook looking unchanged at 62 00:02:59,400 --> 00:03:02,840 Speaker 2: the moment, but they are expecting earnings to get a 63 00:03:02,840 --> 00:03:04,760 Speaker 2: little bit better. Basically, this is a little bit of 64 00:03:04,800 --> 00:03:07,160 Speaker 2: a wampwomp result when it comes out from Visa down 65 00:03:07,200 --> 00:03:10,320 Speaker 2: about two percent this morning, trading at three hundred and 66 00:03:10,440 --> 00:03:13,960 Speaker 2: forty four dollars a share. Let's stick with Humana because 67 00:03:13,960 --> 00:03:15,519 Speaker 2: that's the next one that I want to really bring 68 00:03:15,520 --> 00:03:19,839 Speaker 2: to everyone's attention. This morning, hum soaring hire by seven 69 00:03:19,880 --> 00:03:22,560 Speaker 2: and a half percent, trading at two hundred and fifty 70 00:03:22,760 --> 00:03:24,960 Speaker 2: dollars a share. This is not really a move that 71 00:03:25,000 --> 00:03:27,560 Speaker 2: we traditionally see from the health insurance and certainly not 72 00:03:27,560 --> 00:03:30,360 Speaker 2: from Humana. But not only did their revenue top their estimates, 73 00:03:30,400 --> 00:03:32,720 Speaker 2: they also raise their full year outlooks, though some good 74 00:03:32,760 --> 00:03:34,880 Speaker 2: news for the Humana stock. 75 00:03:36,200 --> 00:03:40,320 Speaker 1: The Stock Movers podcast from Bloomberg Radio. Check back with 76 00:03:40,400 --> 00:03:43,160 Speaker 1: us throughout the day for the latest roundup of companies 77 00:03:43,200 --> 00:03:46,280 Speaker 1: making news on Wall Street and for the latest market 78 00:03:46,280 --> 00:03:50,680 Speaker 1: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 79 00:03:50,720 --> 00:03:53,960 Speaker 1: Bloomberg dot com, and on Applecarplay and Android Auto with 80 00:03:54,040 --> 00:03:55,480 Speaker 1: the Bloomberg Business app.