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Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The Stock Movers Report,

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Speaker 1: your roundup of companies making moves in the stock market,

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Speaker 1: harnessing the power of Bloomberg Data.

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Speaker 2: Let's take a look at some of the stocks on

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Speaker 2: the move today.

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Speaker 3: I'm Paul Sweeney with Norma Linda. We're joined by Bloomberg's

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Speaker 3: Touch On a Dary touch on what are you looking

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Speaker 3: at today? Well, looking at at tree off consumer names

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Speaker 3: here telling slightly different stories. We'll start with Spotify. R

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Speaker 3: takers spot hire by about six percent after raising premium

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Speaker 3: subscription prices outside of the US, and not because the

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Speaker 3: US has been spared. It's because they've raised them here

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Speaker 3: last year and even twice.

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Speaker 1: Well.

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Speaker 3: This comes after the company posted as second quarter loss

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Speaker 3: last week due to some higher expenses related to employee compensation.

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Speaker 3: So investors and record labels have been encouraging the company

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Speaker 3: to do this for some time. And here's a fun fact.

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Speaker 3: Apparently Spotify has some of the most lawyer listeners out there.

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Speaker 3: They are the least likely to cancel among the major

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Speaker 3: video and streaming audio services in the United States, according

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Speaker 3: to Antennas. Everybody everybody loves their.

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Speaker 1: Platelist for sure.

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Speaker 2: I'm Spotify all day every day.

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Speaker 3: You gotta be I know you're more like an Apple

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Speaker 3: where you podcast?

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Speaker 2: I don't, I'm serious.

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Speaker 3: ExM, do people.

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Speaker 2: Still use Pandora? Is that a thing?

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Speaker 3: Any normal?

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Speaker 2: I mean I still take the radio. Spotify has the

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Speaker 2: Hulu Spotify bundle. You can do so many cool bundles

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Speaker 2: that are at least I listen to the relatively reasonable.

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Speaker 3: Just listen to the radio. The next name is Tyson Foods.

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Speaker 3: Your ticker is TS and three percent. After raising its

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Speaker 3: earnings forecast, apparently there's a boom and chicken consumption exactly.

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Speaker 3: Consumers are training down from those record highs record high

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Speaker 3: beef prices, and the company's chicken unit posted its highest

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Speaker 3: adjusted profeces twenty sixteen, but beef segment posted its seventh

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Speaker 3: straight quarter of losses.

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Speaker 2: Here.

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Speaker 3: So, Paul, are you more of a beeflover or I

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Speaker 3: go I.

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Speaker 2: Like chicken definitely health You know, we do the steaks

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Speaker 2: on the grill a lot. But I mean, you got

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Speaker 2: to make more cows. I mean, I'm calling the ranchers

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Speaker 2: out there, Like when we had the chicken problem, I said,

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Speaker 2: just make more chickens and the price of eggs will

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Speaker 2: come down.

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Speaker 3: Okay, can't they just make more cows?

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Speaker 2: We need to get it together. I mean when I

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Speaker 2: think of Tysons, I immediately think of their frozen chicken

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Speaker 2: nuggets or some wings that they used to do. I'm

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Speaker 2: always thinking about the chicken side of that. I'll talk

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Speaker 2: to my rancher friends.

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Speaker 3: So the next name is Wayfair. Your ticker is w

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Speaker 3: up about seven percent the home goods marketplace to post

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Speaker 3: it a solid second quarter beat or just an EPs

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Speaker 3: really there above estimates. Bloomberg Intelligence is saying that the

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Speaker 3: retailer may be on an upward trajectory. And I went

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Speaker 3: back to look for tariffs because you know, that's the

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Speaker 3: main theme in this earning season, and there was little evidence.

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Speaker 3: Executives said off price increases. They say the suppliers are

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Speaker 3: really hesitant to increase those prices as they see consumers

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Speaker 3: pulling back. So I think that tells, you know, the

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Speaker 3: sort of contrast with what we've seen from other companies

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Speaker 3: who are able to pass along those consumers. But the

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Speaker 3: CEO they are noting that the higher end market is stronger.

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Speaker 3: So that sort of gels with the other macroeconomic data

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Speaker 3: saying that high end consumers are doing or holding up. Okay,

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Speaker 3: the lower income monser might be.

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Speaker 2: I see people saying that Wayfair has done an impressive

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Speaker 2: job growing the online portion of its homes Furnishings category.

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Speaker 2: That's all I've ever used. I didn't even know that

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Speaker 2: people were going in Stoareawayfair. I just do a nice

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Speaker 2: little click of a button.

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Speaker 1: The stock Mover's report from Bloomberg Radio. Check back with

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Speaker 1: us throughout the day for the latest roundup of companies

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Speaker 1: making news on Wall Street and for the latest market

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Speaker 1: moving headlines. Listen to Bloomberg Radio Live, Catch us on YouTube,

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