1 00:00:02,520 --> 00:00:07,320 Speaker 1: Bloomberg Audio Studios, podcasts, radio news. 2 00:00:09,920 --> 00:00:13,360 Speaker 2: This is the closing bell on this stock mover's report. 3 00:00:13,600 --> 00:00:16,560 Speaker 2: The company's making moves at the close of US trading 4 00:00:16,800 --> 00:00:21,360 Speaker 2: with Carol Master, Tim Stenebeck, Romain Bostik, and Scarlett Food. 5 00:00:22,320 --> 00:00:24,760 Speaker 3: All right, let's yeah, you mentioned Apple, so let's go there, 6 00:00:24,800 --> 00:00:27,159 Speaker 3: because that is our number one gainer for me at 7 00:00:27,240 --> 00:00:30,280 Speaker 3: least on this Wednesday, up about five percent here in 8 00:00:30,320 --> 00:00:33,199 Speaker 3: the aftermarket. We are expecting around four thirty pm Wall 9 00:00:33,240 --> 00:00:36,479 Speaker 3: Street time, the President to make some announcement about another 10 00:00:36,520 --> 00:00:41,000 Speaker 3: one hundred billion dollar investment on domestic manufacturing. Buy Apple, 11 00:00:41,120 --> 00:00:43,760 Speaker 3: Devil's in the details. We know Apple already spending about 12 00:00:43,800 --> 00:00:46,360 Speaker 3: half a billion I should say, half a trillion dollars 13 00:00:46,800 --> 00:00:48,640 Speaker 3: investing in the US over the next four years. But 14 00:00:48,640 --> 00:00:51,080 Speaker 3: we'll see what we'll get. But Apple up five percent 15 00:00:51,159 --> 00:00:55,520 Speaker 3: here in today's session. Arista Networks an ET is the ticker, 16 00:00:55,600 --> 00:00:58,160 Speaker 3: up seventeen percent here at the closed, number one gainer 17 00:00:58,480 --> 00:01:01,800 Speaker 3: in the SNP five hundred reporting after the closed yesterday, 18 00:01:01,880 --> 00:01:05,839 Speaker 3: surging to an all time high. This company's revenue forecast 19 00:01:05,880 --> 00:01:08,840 Speaker 3: for the third quarter, exceeding the average analyst estimate. A 20 00:01:08,959 --> 00:01:11,760 Speaker 3: bunch of analysts raising their price targets on the stock. 21 00:01:12,040 --> 00:01:16,280 Speaker 3: Bloomberg Intelligence wou Jinho writing today that the company reinforces 22 00:01:16,319 --> 00:01:20,120 Speaker 3: its AI networking confidence, so some real outperformance there in 23 00:01:20,160 --> 00:01:22,800 Speaker 3: Shopify up about twenty two percent here at the close. 24 00:01:23,080 --> 00:01:25,400 Speaker 3: I believe it's the top gainer of the Nasdaq one hundred, 25 00:01:26,040 --> 00:01:29,640 Speaker 3: the company becoming the most valuable in Canada. City Group 26 00:01:29,720 --> 00:01:32,360 Speaker 3: called the earnings results a blowout. But I know we've 27 00:01:32,360 --> 00:01:34,080 Speaker 3: got some earnings right now, Romaine, what do we got? 28 00:01:34,160 --> 00:01:35,959 Speaker 1: Let's get to lift. The share is spiking by about 29 00:01:35,959 --> 00:01:38,440 Speaker 1: seven percent in the after hours trade. The company said 30 00:01:38,480 --> 00:01:41,320 Speaker 1: that in the second quarter earnings excuse me, revenue actually 31 00:01:41,319 --> 00:01:43,600 Speaker 1: came in a little bit light one point six billion dollars. 32 00:01:43,600 --> 00:01:45,600 Speaker 1: The street was looking for one point sixty one and 33 00:01:45,640 --> 00:01:48,360 Speaker 1: on the EPs side, also amiss there. EPs had ten 34 00:01:48,440 --> 00:01:50,840 Speaker 1: cents a share. The street was looking for twenty seven cents. 35 00:01:50,840 --> 00:01:53,200 Speaker 1: But here is our guidance going forward. The company says 36 00:01:53,200 --> 00:01:55,120 Speaker 1: that for the current quarter the third quarter, it sees 37 00:01:55,160 --> 00:01:57,880 Speaker 1: gross bookings a four point sixty five to four point 38 00:01:57,920 --> 00:02:00,600 Speaker 1: eight billion dollars and says that Ebadash could come in 39 00:02:00,600 --> 00:02:02,840 Speaker 1: and arrange of one hundred and twenty five million to 40 00:02:02,840 --> 00:02:04,800 Speaker 1: one hundred and forty five million dollars. I need some 41 00:02:04,840 --> 00:02:07,600 Speaker 1: time to check the comparisons with analyssessments, but you see 42 00:02:07,600 --> 00:02:09,840 Speaker 1: the knee jerk reaction in the yeares right now is 43 00:02:09,840 --> 00:02:10,440 Speaker 1: to the upside. 44 00:02:10,520 --> 00:02:13,560 Speaker 4: Yeah, expectations were not so high for Lift today, particularly 45 00:02:13,600 --> 00:02:16,960 Speaker 4: after Uber this morning, and I guess it's beaten those expectations. 46 00:02:17,520 --> 00:02:19,720 Speaker 3: Ooh, what's better. 47 00:02:19,840 --> 00:02:21,799 Speaker 5: Let's go make a billion dollar back. 48 00:02:22,400 --> 00:02:23,440 Speaker 3: Let's go to Airbnb. 49 00:02:23,840 --> 00:02:27,400 Speaker 5: Not Lift, by the way, is not approved a six billion. 50 00:02:27,120 --> 00:02:30,440 Speaker 3: Dollars Let's go to Airbnb. And you're seeing, as Matt mentioned, yep, 51 00:02:30,480 --> 00:02:32,919 Speaker 3: that's the big headline, authorizing a new six billion dollars 52 00:02:32,960 --> 00:02:36,520 Speaker 3: share buyback program. That's stuck though right now, initially down 53 00:02:36,520 --> 00:02:39,000 Speaker 3: about two percent here in the aftermarket. Let's go to 54 00:02:39,360 --> 00:02:43,239 Speaker 3: the forecast for the company. H it still sees about 55 00:02:43,240 --> 00:02:44,800 Speaker 3: a fiscal year just a ebit a margin of at 56 00:02:44,880 --> 00:02:48,040 Speaker 3: least thirty four point five percent. We'll look for some 57 00:02:48,160 --> 00:02:52,000 Speaker 3: comparison as for the second quarter revenue three point ten billion, 58 00:02:52,040 --> 00:02:53,760 Speaker 3: a little bit better than what the street was expecting 59 00:02:53,760 --> 00:02:58,040 Speaker 3: three point zero three billion, and then second quarter adjusted 60 00:02:58,120 --> 00:03:00,640 Speaker 3: EBIT of one point zero four billion. The estimate was 61 00:03:00,639 --> 00:03:03,520 Speaker 3: below that at nine to seventy point seven million and 62 00:03:03,639 --> 00:03:07,400 Speaker 3: third quarter revenue four billion sees for a third quarter revenue, 63 00:03:07,440 --> 00:03:10,040 Speaker 3: So again the outlook sees third quarter revenue MATT four 64 00:03:10,120 --> 00:03:12,519 Speaker 3: point zero two billion to four point ten billion. The 65 00:03:12,560 --> 00:03:15,440 Speaker 3: street estimate is four point zero five. But again a 66 00:03:15,480 --> 00:03:18,560 Speaker 3: new six billion dollars share of buyback stacks up. Now 67 00:03:18,560 --> 00:03:21,480 Speaker 3: it's unchanged, So investors kind of bouncing around here in 68 00:03:21,480 --> 00:03:22,239 Speaker 3: the aftermarket with you. 69 00:03:22,320 --> 00:03:24,240 Speaker 5: I mean, it's only an eighty two percent, It's only 70 00:03:24,280 --> 00:03:26,760 Speaker 5: an eighty two billion dollar company, So that is an 71 00:03:26,800 --> 00:03:31,920 Speaker 5: absolutely massive buyback for this company that kind of just 72 00:03:31,960 --> 00:03:34,480 Speaker 5: begs the question nothing else to do with the money, 73 00:03:34,600 --> 00:03:36,360 Speaker 5: or they just have so much cash that you need 74 00:03:36,400 --> 00:03:39,080 Speaker 5: to return some to shareholders. The stock has been flat 75 00:03:39,120 --> 00:03:40,280 Speaker 5: on the year, and that's. 76 00:03:40,200 --> 00:03:41,840 Speaker 1: A good point too, particularly at a time where we 77 00:03:41,840 --> 00:03:44,920 Speaker 1: see so many companies taking that cash and are reinvesting 78 00:03:45,000 --> 00:03:47,200 Speaker 1: it back into the company. That big boost and CAPEX 79 00:03:47,240 --> 00:03:49,280 Speaker 1: spending amongst a lot of the tech companies. But I 80 00:03:49,320 --> 00:03:50,920 Speaker 1: do just want to point out this is a company 81 00:03:50,920 --> 00:03:53,520 Speaker 1: that was also making a big bet on experiences, the 82 00:03:53,600 --> 00:03:55,480 Speaker 1: idea that they want you to do more than just 83 00:03:55,520 --> 00:03:57,320 Speaker 1: book a room, They actually want you to hang out, 84 00:03:58,000 --> 00:04:00,680 Speaker 1: go backstage of concerts. They had a big partner recently 85 00:04:00,760 --> 00:04:02,720 Speaker 1: with Lola Palooza, and I was trying to look for 86 00:04:02,760 --> 00:04:05,360 Speaker 1: a breakout of whether they had actually disclosed what they 87 00:04:05,480 --> 00:04:08,320 Speaker 1: make specifically off that business. Is not right really clear 88 00:04:08,360 --> 00:04:10,640 Speaker 1: that they do that, But you did see interesting bump 89 00:04:10,760 --> 00:04:13,080 Speaker 1: up in gross bookings of about eleven percent to that 90 00:04:13,120 --> 00:04:15,320 Speaker 1: twenty three and a half billion dollar level, which was 91 00:04:15,360 --> 00:04:16,919 Speaker 1: significantly higher than street estimate. 92 00:04:17,000 --> 00:04:19,160 Speaker 4: And today really is the day for gig economy companies. 93 00:04:19,160 --> 00:04:21,080 Speaker 4: We're going to be waiting on door Dash as well, 94 00:04:21,520 --> 00:04:23,600 Speaker 4: you know, on others. But if you look at Lift 95 00:04:23,640 --> 00:04:26,440 Speaker 4: shares they have absolutely reversed now and down more than 96 00:04:26,560 --> 00:04:27,279 Speaker 4: nine percent. 97 00:04:27,600 --> 00:04:28,159 Speaker 3: So while you. 98 00:04:28,160 --> 00:04:31,120 Speaker 4: Know, at first glance some of these metrics beat, there 99 00:04:31,160 --> 00:04:33,839 Speaker 4: was definitely some negative news in the Lift earnings. It's 100 00:04:33,920 --> 00:04:37,160 Speaker 4: not really reflecting well when it comes to you know, 101 00:04:37,279 --> 00:04:39,719 Speaker 4: Uber and it's way more partnership and so on on Lift. 102 00:04:39,800 --> 00:04:41,760 Speaker 1: Speaking of door Dash, they're out with their earnings a 103 00:04:41,800 --> 00:04:44,280 Speaker 1: beat on the bottom line, EPs coming in at sixty 104 00:04:44,279 --> 00:04:46,440 Speaker 1: five cents a share the street was looking for forty 105 00:04:46,440 --> 00:04:49,480 Speaker 1: five cents a share, revenue also beating three point two 106 00:04:49,800 --> 00:04:52,080 Speaker 1: eight billion dollars the street was looking for three point 107 00:04:52,080 --> 00:04:54,599 Speaker 1: one seven And here is your forecast. The guidance for 108 00:04:54,760 --> 00:04:59,640 Speaker 1: the third quarter, the company sees it sees marketplace gross 109 00:04:59,720 --> 00:05:02,080 Speaker 1: value of twenty four point two to twenty four point 110 00:05:02,160 --> 00:05:05,000 Speaker 1: seven billion, that is above the average estimates of a 111 00:05:05,160 --> 00:05:07,599 Speaker 1: street what the street was looking for. And it also 112 00:05:07,640 --> 00:05:10,280 Speaker 1: sees adjusted EBADOPH for the current quarter of six eighty 113 00:05:10,320 --> 00:05:12,480 Speaker 1: to seven eighty. It's a pretty wide range, but we 114 00:05:12,480 --> 00:05:14,600 Speaker 1: should point out that the average of analyst estimates is 115 00:05:14,640 --> 00:05:17,320 Speaker 1: in the middle of that range at about seven twenty. 116 00:05:17,560 --> 00:05:19,520 Speaker 1: So a beat pretty much on both the top and 117 00:05:19,560 --> 00:05:22,120 Speaker 1: bottom line for the quarter, and the guidance going forward 118 00:05:22,160 --> 00:05:23,440 Speaker 1: also above street estimates. 119 00:05:23,440 --> 00:05:25,479 Speaker 3: All Right, we just had a small cap MidCap investor 120 00:05:25,520 --> 00:05:28,400 Speaker 3: who likes elf beauty and they are reporting their earnings 121 00:05:28,440 --> 00:05:30,880 Speaker 3: and we're seeing that stock will bring it up in 122 00:05:30,920 --> 00:05:34,039 Speaker 3: just a moment. As at EPs eighty nine cents a share, folks, 123 00:05:34,080 --> 00:05:37,719 Speaker 3: that was about six cents better than what the street 124 00:05:37,760 --> 00:05:40,400 Speaker 3: was expecting. Net sales three hundred and fifty three point 125 00:05:40,560 --> 00:05:44,080 Speaker 3: seven million, that's pretty much in line with what the 126 00:05:44,080 --> 00:05:46,400 Speaker 3: street was expecting. The estimate was three to fifty three 127 00:05:46,440 --> 00:05:50,479 Speaker 3: point five million dollars, and then adjusted EBIT at eighty 128 00:05:50,520 --> 00:05:53,039 Speaker 3: seven point one million, that is above what the Street 129 00:05:53,080 --> 00:05:56,000 Speaker 3: was looking for seventy four point three million. We are 130 00:05:56,040 --> 00:05:58,800 Speaker 3: seeing the stock though, down about one point four percent 131 00:05:58,880 --> 00:05:59,960 Speaker 3: here in the aftermark. 132 00:06:00,440 --> 00:06:03,719 Speaker 5: All right, I've got zillo here so far. Just out 133 00:06:04,040 --> 00:06:08,280 Speaker 5: with revenue in the second quarter, rentals revenue was in 134 00:06:08,360 --> 00:06:10,200 Speaker 5: line of estimate to one hundred and fifty nine point 135 00:06:10,960 --> 00:06:12,960 Speaker 5: one hundred and fifty nine million, even, i should say, 136 00:06:13,080 --> 00:06:15,960 Speaker 5: compared to an estimate one hundred and fifty nine point seven million. 137 00:06:16,000 --> 00:06:18,680 Speaker 5: Mortgages revenue was higher at forty eight million compared to 138 00:06:18,680 --> 00:06:21,880 Speaker 5: forty four and a half million. That's interesting. And residential 139 00:06:21,920 --> 00:06:24,520 Speaker 5: revenue was hire at four hundred and thirty four million 140 00:06:24,560 --> 00:06:28,000 Speaker 5: compared to an estimate of four hundred twenty nine million. 141 00:06:28,360 --> 00:06:32,599 Speaker 5: The chief executive officer, Jeremy Waxman says the results reflect 142 00:06:32,640 --> 00:06:35,080 Speaker 5: how the power of their strategy and the strength of 143 00:06:35,120 --> 00:06:38,600 Speaker 5: their execution or fueling growth across the company. Will be 144 00:06:38,680 --> 00:06:39,920 Speaker 5: interesting to see if they earn money. 145 00:06:40,080 --> 00:06:42,840 Speaker 4: Just three four it on TKO because we saw that 146 00:06:42,880 --> 00:06:45,560 Speaker 4: one point six billion dollars deal from ESPN and Disney. 147 00:06:45,600 --> 00:06:48,279 Speaker 4: Obviously for the WWE writes it beat as well on 148 00:06:48,279 --> 00:06:50,000 Speaker 4: the bottom line and on the top line. The UFC 149 00:06:50,200 --> 00:06:52,800 Speaker 4: revenue was a tiny bit light but everything else including 150 00:06:52,920 --> 00:06:54,039 Speaker 4: WWE beat. 151 00:06:54,880 --> 00:06:57,800 Speaker 1: Let's check in on Bumble, the dating app coming out 152 00:06:57,800 --> 00:06:59,440 Speaker 1: with their earnings. Right now, it looks like a beat 153 00:06:59,480 --> 00:07:01,600 Speaker 1: on the top and bottom line with Ebita coming in 154 00:07:01,600 --> 00:07:04,320 Speaker 1: that are right around ninety five million dollars and paying 155 00:07:04,480 --> 00:07:07,800 Speaker 1: users now at about three point seven eight million, though 156 00:07:07,800 --> 00:07:09,920 Speaker 1: we should point out that does appear to be a miss. 157 00:07:09,920 --> 00:07:12,280 Speaker 1: The street on average is looking for paid users of 158 00:07:12,320 --> 00:07:15,120 Speaker 1: three point nine six million, but revenue did come in 159 00:07:15,200 --> 00:07:17,920 Speaker 1: above estimates at two hundred and forty eight million, higher 160 00:07:17,960 --> 00:07:20,200 Speaker 1: than street estimates of two forty four in the company 161 00:07:20,240 --> 00:07:22,760 Speaker 1: also saying that it has found a new CFO, his 162 00:07:22,880 --> 00:07:26,000 Speaker 1: name Kevin Cook. The interim CFO is going to step 163 00:07:26,040 --> 00:07:28,040 Speaker 1: down from that role. As now we get a clear 164 00:07:28,120 --> 00:07:30,840 Speaker 1: picture of what the management looks like for Bumble going forward. 165 00:07:30,920 --> 00:07:32,840 Speaker 1: A modest increase in the shares in the after hours 166 00:07:32,880 --> 00:07:33,480 Speaker 1: train Yeah. 167 00:07:33,320 --> 00:07:35,480 Speaker 3: Bubble up about six percent. Just a real quick line. 168 00:07:35,480 --> 00:07:36,880 Speaker 3: I want to go back to l for a moment. 169 00:07:37,160 --> 00:07:39,440 Speaker 3: The company is not providing a full year fiscal twenty 170 00:07:39,520 --> 00:07:43,400 Speaker 3: twenty six finite financial outlook and ins sites potential outcomes 171 00:07:43,640 --> 00:07:46,760 Speaker 3: related to tariff, so we're starting to slowly get the 172 00:07:46,880 --> 00:07:49,640 Speaker 3: impact when it comes to tariff's. Now I'm going to 173 00:07:49,680 --> 00:07:51,760 Speaker 3: go to do a lingo, because man, this stock initially 174 00:07:52,120 --> 00:07:55,440 Speaker 3: just soaring in the aftermarket. Let's get to it. And 175 00:07:55,560 --> 00:07:58,400 Speaker 3: in terms of the outlook, third quarter adjusted IBITA, it 176 00:07:58,480 --> 00:08:01,560 Speaker 3: sees sixty nine point four million in to seventy three 177 00:08:01,720 --> 00:08:04,760 Speaker 3: point one million, and the estimate on the street that 178 00:08:04,920 --> 00:08:09,000 Speaker 3: was seventy point five million. Sees fiscal year revenue one 179 00:08:09,040 --> 00:08:11,160 Speaker 3: point zero one billion to one point zero two. It 180 00:08:11,200 --> 00:08:13,440 Speaker 3: had seen nine hundred and eighty seven million to nine 181 00:08:13,480 --> 00:08:16,400 Speaker 3: hundred ninety six billion, so it's upping up that number. 182 00:08:16,640 --> 00:08:19,880 Speaker 3: Also sees third quarter bookings of two hundred and sixty 183 00:08:19,880 --> 00:08:21,920 Speaker 3: eight point five million to two hundred and seventy two 184 00:08:21,960 --> 00:08:25,400 Speaker 3: point five million. That two seems like it is raising 185 00:08:25,480 --> 00:08:28,320 Speaker 3: its expectations above what the street's expecting. Go back to 186 00:08:28,360 --> 00:08:32,120 Speaker 3: the second quarter EPs for the second quarter ninety one cents, 187 00:08:32,200 --> 00:08:34,839 Speaker 3: easily beating the street estimate of sixty eight cents a share, 188 00:08:35,080 --> 00:08:37,360 Speaker 3: and second quarter revenue that too was a beat two 189 00:08:37,400 --> 00:08:39,360 Speaker 3: hundred and fifty two point three million versus the two 190 00:08:39,400 --> 00:08:42,800 Speaker 3: hundred and forty point six million dollar estimate. The stock 191 00:08:42,920 --> 00:08:45,920 Speaker 3: is up, folks, twenty four percent here in the aftermarket. 192 00:08:46,120 --> 00:08:48,920 Speaker 1: Yeah, absolutely, one of the biggest movers in the after market. 193 00:08:49,200 --> 00:08:51,640 Speaker 1: Another big movers a company called remit Lely. This is 194 00:08:51,640 --> 00:08:55,120 Speaker 1: a wire transfer company that's primarily based online. The street 195 00:08:55,160 --> 00:08:58,239 Speaker 1: was coming into this quarter expecting the company post the loss. 196 00:08:58,600 --> 00:09:00,960 Speaker 1: It actually posted net income, that income of six point 197 00:09:01,000 --> 00:09:03,480 Speaker 1: five million in the most recent quarter revenue of about 198 00:09:03,480 --> 00:09:05,640 Speaker 1: four hundred and twelve million. That was also a beat. 199 00:09:05,640 --> 00:09:07,679 Speaker 1: And for the full year, the company says look for 200 00:09:07,760 --> 00:09:10,000 Speaker 1: one point sixty one to one point six two billion 201 00:09:10,040 --> 00:09:13,240 Speaker 1: dollars in total revenue, higher than its previous guidance, which 202 00:09:13,320 --> 00:09:16,199 Speaker 1: was around one point five to seven billion dollars. Similar 203 00:09:16,200 --> 00:09:18,839 Speaker 1: story when it comes to Ebadah, raising its guidance there 204 00:09:18,920 --> 00:09:21,000 Speaker 1: as well. And well, I should point out we're going 205 00:09:21,040 --> 00:09:23,079 Speaker 1: to have the CEO of Remitting on the program a 206 00:09:23,120 --> 00:09:23,560 Speaker 1: little bit. 207 00:09:23,480 --> 00:09:24,560 Speaker 2: Later this hour exactly. 208 00:09:24,679 --> 00:09:26,600 Speaker 4: We're also going to be having the CEO of Informatica, 209 00:09:26,640 --> 00:09:30,559 Speaker 4: which also just reported now revenue was definitely a beat, 210 00:09:30,640 --> 00:09:33,320 Speaker 4: four hundred and seven point three million dollars, just an 211 00:09:33,360 --> 00:09:36,160 Speaker 4: EPs th slight bit light eighteen cents versus the twenty 212 00:09:36,200 --> 00:09:37,640 Speaker 4: cent esterwards, we lost the CEO. 213 00:09:37,679 --> 00:09:42,680 Speaker 5: Why I got Fortinet, which is really a seventy five 214 00:09:42,720 --> 00:09:47,160 Speaker 5: billion dollar internet security company coming out with billings that 215 00:09:47,200 --> 00:09:50,680 Speaker 5: were much higher than had been anticipated. The street was 216 00:09:50,720 --> 00:09:53,640 Speaker 5: looking for seven point two to seven point four billion 217 00:09:53,679 --> 00:09:56,040 Speaker 5: for the full year. Fortinet says there'll be seven and 218 00:09:56,120 --> 00:09:58,760 Speaker 5: a third to almost seven and a half billion dollars 219 00:09:58,800 --> 00:10:02,920 Speaker 5: and as a result those jump, they beat on second 220 00:10:02,960 --> 00:10:07,040 Speaker 5: quarter EPs at sixty four cents versus fifty nine cents. 221 00:10:07,240 --> 00:10:10,480 Speaker 5: They have a higher adjusted EPs expectation than the street. 222 00:10:10,480 --> 00:10:12,480 Speaker 5: They're saying well, sixty two cents to sixty four and 223 00:10:12,480 --> 00:10:15,120 Speaker 5: the street was only looking for sixty two. And Arrange 224 00:10:15,160 --> 00:10:17,480 Speaker 5: looks the same in terms of revenue for the third 225 00:10:17,559 --> 00:10:19,800 Speaker 5: quarter in full year at least as good as or 226 00:10:19,840 --> 00:10:21,160 Speaker 5: better than the street was looking for. 227 00:10:22,480 --> 00:10:26,480 Speaker 2: This stock Movers report from Bloomberg Radio. Check back with 228 00:10:26,559 --> 00:10:29,160 Speaker 2: us throughout the day for the latest roundup of companies 229 00:10:29,240 --> 00:10:32,320 Speaker 2: making news on Wall Street and for the latest market 230 00:10:32,360 --> 00:10:36,840 Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 231 00:10:36,920 --> 00:10:40,400 Speaker 2: Bloomberg dot com, and on Applecarplay and Android Auto with 232 00:10:40,480 --> 00:10:41,959 Speaker 2: the Bloomberg Business app.