1 00:00:02,520 --> 00:00:07,000 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 --> 00:00:15,880 Speaker 2: in the stock market, harnessing the power of Bloomberg Data. 4 00:00:17,079 --> 00:00:19,800 Speaker 1: I'm Carol Masser along with Matt Miller. Let's take a 5 00:00:19,840 --> 00:00:21,880 Speaker 1: look at some stocks on the move. Blouemberg News process 6 00:00:21,880 --> 00:00:23,920 Speaker 1: that reported Janita Sikova in the house. 7 00:00:25,079 --> 00:00:26,040 Speaker 3: Where shall we begin? 8 00:00:26,280 --> 00:00:27,680 Speaker 4: We should start with McDonald's. 9 00:00:27,720 --> 00:00:30,120 Speaker 2: I think it ties well well with that conversation. 10 00:00:30,240 --> 00:00:34,360 Speaker 4: We have. McDonalds is up three percent. Ticker is mcd 11 00:00:35,159 --> 00:00:37,920 Speaker 4: Sales picked up last quarter. They've had a number of 12 00:00:38,000 --> 00:00:40,880 Speaker 4: collaboration and budget meals and it seems that this is working. 13 00:00:40,920 --> 00:00:43,960 Speaker 4: The companies of only six percent year today, so this 14 00:00:44,120 --> 00:00:47,879 Speaker 4: was much needed boost. Global sales restaurants open for more 15 00:00:47,920 --> 00:00:50,720 Speaker 4: than a year rolls about four percent. This was more 16 00:00:51,040 --> 00:00:54,520 Speaker 4: than the street expected. International markets are doing particularly well. 17 00:00:54,960 --> 00:00:57,440 Speaker 4: What we're seeing in the US is that Americans are 18 00:00:57,440 --> 00:01:01,640 Speaker 4: spending more per trip, so that's helping the results and 19 00:01:02,160 --> 00:01:06,199 Speaker 4: the quarter. Uh, there is some declining growth. Uh, there's 20 00:01:06,240 --> 00:01:10,039 Speaker 4: the company was dealing with ecoley albreak. There was backlash 21 00:01:10,240 --> 00:01:12,880 Speaker 4: against American browns in the Middle East. There was consumer 22 00:01:12,880 --> 00:01:15,240 Speaker 4: in ease and despite all of that, it seems the 23 00:01:15,240 --> 00:01:17,680 Speaker 4: company has been doing well. Two interesting things that they 24 00:01:17,760 --> 00:01:21,600 Speaker 4: flagged is a meal time to the launch of Minecraft, 25 00:01:21,720 --> 00:01:24,640 Speaker 4: and then their partnership with Squish Metals. I don't know 26 00:01:24,680 --> 00:01:29,679 Speaker 4: if you follow those, but those pillows or whatever, there's 27 00:01:29,840 --> 00:01:30,280 Speaker 4: very cute. 28 00:01:30,400 --> 00:01:31,560 Speaker 3: Your kids have squash millers. 29 00:01:31,600 --> 00:01:34,720 Speaker 2: We have a couple, but I not for them. 30 00:01:35,200 --> 00:01:37,280 Speaker 3: You can listen, you're among friends. You can tell you 31 00:01:37,319 --> 00:01:38,520 Speaker 3: have a few on your bed that you like. 32 00:01:39,240 --> 00:01:41,640 Speaker 2: Very cute. We have some boo boos. 33 00:01:41,640 --> 00:01:43,319 Speaker 4: Oh my gosh, No, that's a flick. 34 00:01:44,160 --> 00:01:46,200 Speaker 1: I will say I love McDonald's French fries, and if 35 00:01:46,200 --> 00:01:47,960 Speaker 1: I'm on a road trip, I like go by and 36 00:01:48,000 --> 00:01:49,280 Speaker 1: I get a nice. 37 00:01:49,320 --> 00:01:51,800 Speaker 3: Have you had french fries at five Guys? I don't 38 00:01:51,800 --> 00:01:52,800 Speaker 3: know that I love those as much. 39 00:01:52,840 --> 00:01:54,560 Speaker 2: They're delicious. 40 00:01:54,680 --> 00:01:56,240 Speaker 4: Peanut oil five Guys has. 41 00:01:56,080 --> 00:01:59,240 Speaker 3: The peanuts right, so healthy? I like the peanuts. Let's 42 00:01:59,280 --> 00:02:00,840 Speaker 3: get to stock number two. 43 00:02:00,960 --> 00:02:05,520 Speaker 4: Snap Snap shares are down obviously the company is seeing 44 00:02:05,560 --> 00:02:10,200 Speaker 4: a slowdown in advertising revenue. Advertising revenue accounts for about 45 00:02:10,320 --> 00:02:12,320 Speaker 4: ninety percent of their revenue, so it's pretty much the 46 00:02:12,360 --> 00:02:16,480 Speaker 4: whole story. Stock is down seventeen percent today. Tickeo s 47 00:02:16,680 --> 00:02:20,240 Speaker 4: an ap. There was obviously a technical issue with add 48 00:02:20,280 --> 00:02:25,120 Speaker 4: buying two earlier this year, the company said that second 49 00:02:25,200 --> 00:02:28,040 Speaker 4: quarter of sales, where they were actually shy of what 50 00:02:28,120 --> 00:02:32,720 Speaker 4: Wall Street were expected. Revenue in June was hit by 51 00:02:32,760 --> 00:02:36,519 Speaker 4: what we saw in that advertising auction when they send 52 00:02:36,600 --> 00:02:41,680 Speaker 4: an update and actually people marketed apps at substantially reduced prices. 53 00:02:41,760 --> 00:02:45,320 Speaker 4: So the company says that after that it has recovered. 54 00:02:45,360 --> 00:02:48,560 Speaker 4: Advertising revenue is growing, but still a massive hit to 55 00:02:48,560 --> 00:02:51,960 Speaker 4: the company, which is already down nearly thirty percent year 56 00:02:52,040 --> 00:02:52,280 Speaker 4: to date. 57 00:02:53,280 --> 00:02:57,680 Speaker 2: Take guests, take a guess at how many daily average sorry, 58 00:02:57,760 --> 00:03:02,200 Speaker 2: daily active users there are at snap globally global. 59 00:03:03,360 --> 00:03:05,720 Speaker 4: Guess half a million. 60 00:03:06,280 --> 00:03:11,720 Speaker 2: It's half a billion according to meant million. He says 61 00:03:11,800 --> 00:03:14,440 Speaker 2: that there are ninety eight million in America. 62 00:03:14,800 --> 00:03:18,079 Speaker 4: Wow, using it on an everyday basis. 63 00:03:18,240 --> 00:03:20,240 Speaker 2: It just SuDS to me. 64 00:03:20,520 --> 00:03:22,320 Speaker 3: But you also mentioned too that they're not a great 65 00:03:22,360 --> 00:03:25,440 Speaker 3: company in terms of giving guidance, so you often see swings, you. 66 00:03:25,520 --> 00:03:27,919 Speaker 4: See a lot of alto yeh, that makes sense, all right, 67 00:03:28,080 --> 00:03:32,040 Speaker 4: Elsid another one that reported after the close last night, 68 00:03:32,120 --> 00:03:35,440 Speaker 4: LU said, yeah, yes, Carmakers have been on a tough ride. 69 00:03:35,920 --> 00:03:39,000 Speaker 4: This is the latest one to temper expectations. The company 70 00:03:39,000 --> 00:03:42,960 Speaker 4: expects to produce between eighteen and twenty thousand electric vehicles 71 00:03:42,960 --> 00:03:46,360 Speaker 4: this year. This is down what won the company projected earlier. 72 00:03:46,400 --> 00:03:49,560 Speaker 3: This year, I produced that many we can all. 73 00:03:49,440 --> 00:03:50,400 Speaker 2: Do as much. 74 00:03:50,960 --> 00:03:54,440 Speaker 4: Luc's adjusted loss was more than the street. I expect that. Obviously, 75 00:03:54,480 --> 00:03:57,120 Speaker 4: automakers have been under a lot of pressure due to 76 00:03:57,160 --> 00:04:00,680 Speaker 4: soaring costs from the tariffs. EVY makers in particular have 77 00:04:00,800 --> 00:04:04,200 Speaker 4: seen a lot of other struggles with the EVY credit 78 00:04:04,680 --> 00:04:08,520 Speaker 4: and a lot of regilatory pressure. TESWA has warned that 79 00:04:08,840 --> 00:04:12,440 Speaker 4: this dynamic will weigh on those companies. That said, we 80 00:04:12,640 --> 00:04:16,320 Speaker 4: heard about the Robotaxi launch that is together with Uber 81 00:04:16,400 --> 00:04:18,680 Speaker 4: that is expecting in twenty twenty six, so maybe that 82 00:04:18,720 --> 00:04:22,279 Speaker 4: would be potential boost. But for now stock is down 83 00:04:22,360 --> 00:04:24,039 Speaker 4: nearly thirty percent this year. 84 00:04:25,760 --> 00:04:29,800 Speaker 2: The Stock Mover's report from Bloomberg Radio. Check back with 85 00:04:29,880 --> 00:04:32,479 Speaker 2: us throughout the day for the latest roundup of companies 86 00:04:32,520 --> 00:04:35,640 Speaker 2: making news on Wall Street and for the latest market 87 00:04:35,640 --> 00:04:40,120 Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 88 00:04:40,200 --> 00:04:43,719 Speaker 2: Bloomberg dot com, and on Applecarplay and Android Auto with 89 00:04:43,800 --> 00:04:45,279 Speaker 2: the Bloomberg Business app.