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 --> 00:00:14,040 Speaker 1: your roundup of companies making moves in the stock market. 3 00:00:14,240 --> 00:00:18,280 Speaker 1: Harnessing the power of Bloomberg data. Let's take a look 4 00:00:18,360 --> 00:00:19,960 Speaker 1: at some of the stocks on the move today. Were 5 00:00:20,000 --> 00:00:22,560 Speaker 1: joined by Bloomberg's Veldana Hirich Don what are you looking at? 6 00:00:22,960 --> 00:00:25,200 Speaker 2: I'm also taking a look at Amazon because it did 7 00:00:25,200 --> 00:00:28,000 Speaker 2: say it's bracing for a tougher business climate in the 8 00:00:28,040 --> 00:00:31,480 Speaker 2: coming months, which really is echoing those concerns that we've 9 00:00:31,520 --> 00:00:35,040 Speaker 2: heard from a range of companies about tariffs related economic 10 00:00:35,120 --> 00:00:38,920 Speaker 2: turmoil and how potentially it might crimp consumer spending. And 11 00:00:38,960 --> 00:00:42,040 Speaker 2: when it reported results earlier this week, it actually posted 12 00:00:42,120 --> 00:00:45,040 Speaker 2: a decent first quarter, but it said its operating profit 13 00:00:45,159 --> 00:00:48,000 Speaker 2: in the current period would be weaker than what Wall 14 00:00:48,000 --> 00:00:52,240 Speaker 2: Street analysts had been anticipating. In issuing its forecasts. It 15 00:00:52,360 --> 00:00:55,640 Speaker 2: said its results may be materially affected by many factors, 16 00:00:55,720 --> 00:00:57,639 Speaker 2: including tariffs and trade policies. 17 00:00:57,720 --> 00:00:59,959 Speaker 3: So tarif was only mentioned once in their beliefs too, 18 00:01:00,080 --> 00:01:02,200 Speaker 3: so you have to wonder, like how much hedging there 19 00:01:02,240 --> 00:01:04,840 Speaker 3: was around that. Also, take look at Wendy's that's not 20 00:01:05,040 --> 00:01:06,880 Speaker 3: up by eight tens of one percent, but didn't they 21 00:01:06,880 --> 00:01:07,800 Speaker 3: cut their forecast. 22 00:01:08,000 --> 00:01:10,160 Speaker 2: Yeah, and I love talking about a company that maybe 23 00:01:10,200 --> 00:01:12,640 Speaker 2: you know, we use, or you can just stop by 24 00:01:13,040 --> 00:01:15,920 Speaker 2: on your way home from work, get get a frosty. 25 00:01:16,400 --> 00:01:16,960 Speaker 4: It shares our. 26 00:01:17,120 --> 00:01:20,120 Speaker 2: It shares our up one percent as of right now, 27 00:01:20,200 --> 00:01:23,080 Speaker 2: maybe amid this broader rally that we're seeing. But it 28 00:01:23,080 --> 00:01:25,320 Speaker 2: did lower it sales outlook for the year. And it's 29 00:01:25,360 --> 00:01:27,920 Speaker 2: just the latest restaurant chain to take a hit from 30 00:01:28,080 --> 00:01:31,600 Speaker 2: potential consumer on ease about the shaky economic conditions. As 31 00:01:31,640 --> 00:01:36,120 Speaker 2: we just mentioned, the US is facing a challenging consumer environment. 32 00:01:36,160 --> 00:01:39,280 Speaker 5: It's CEO said, just again, as a reporting from Marko 33 00:01:39,360 --> 00:01:42,319 Speaker 5: watch US same restaurants sales they fell for the first 34 00:01:42,319 --> 00:01:44,800 Speaker 5: time since the height of the pandemic. That's interesting. I 35 00:01:44,840 --> 00:01:47,400 Speaker 5: didn't know it's been on such a strong winning streak. 36 00:01:47,480 --> 00:01:50,080 Speaker 5: So something has changed maybe so in terms. 37 00:01:49,960 --> 00:01:50,360 Speaker 4: Of the consumer. 38 00:01:50,480 --> 00:01:52,800 Speaker 2: Yeah, important to keep track of, you know what these 39 00:01:52,840 --> 00:01:55,200 Speaker 2: companies are saying about the state of the consumer, especially 40 00:01:55,200 --> 00:01:56,840 Speaker 2: something like I said, we can stop buy on our 41 00:01:56,840 --> 00:01:58,920 Speaker 2: way home from work and pick up a Frosty, but 42 00:01:58,960 --> 00:02:01,200 Speaker 2: maybe people are doing that less and less these days. 43 00:02:01,240 --> 00:02:03,320 Speaker 3: Well, I mean that's a some way discretionary, right, all right, 44 00:02:03,360 --> 00:02:05,160 Speaker 3: let's go to do lingo. I'm wrapping it up here. 45 00:02:05,560 --> 00:02:08,320 Speaker 3: I mean talk about discretionary. You would think that learning 46 00:02:08,360 --> 00:02:10,919 Speaker 3: a language or using other tools that would be discretionary. 47 00:02:10,919 --> 00:02:13,119 Speaker 4: But that's not CEP sixteen percent right exactly. 48 00:02:13,160 --> 00:02:15,960 Speaker 2: It's soaring today and it's actually one of those stocks 49 00:02:16,560 --> 00:02:18,720 Speaker 2: that is up for the year. It's up more than 50 00:02:18,760 --> 00:02:22,360 Speaker 2: fifty percent for the year given including today's gains, but 51 00:02:22,600 --> 00:02:25,000 Speaker 2: it raised its full year sales and profit outlook. It's 52 00:02:25,000 --> 00:02:28,760 Speaker 2: cited artificial intelligence offerings it's as helping to drive some 53 00:02:28,880 --> 00:02:32,960 Speaker 2: of that demand towards its higher priced subscriptions. Shares are 54 00:02:33,040 --> 00:02:36,120 Speaker 2: up up for the year, and subscriptions for its highest 55 00:02:36,200 --> 00:02:40,440 Speaker 2: year products, which is called Douolingo Max, continued to grow 56 00:02:41,240 --> 00:02:43,920 Speaker 2: in part because of these new AI features. I'm a 57 00:02:44,000 --> 00:02:47,720 Speaker 2: dual lingo user. If I can brag, I have a 58 00:02:47,880 --> 00:02:50,320 Speaker 2: one eight hundred and twenty seven day streak. 59 00:02:50,560 --> 00:02:53,800 Speaker 4: Oh my gosh. Yeah. But language in French? Wow? So 60 00:02:54,000 --> 00:02:57,440 Speaker 4: are you fluent now? No? WI I wish I were, 61 00:02:57,840 --> 00:02:59,280 Speaker 4: But I do try to take dealt lessons. 62 00:02:59,280 --> 00:03:02,280 Speaker 2: I do not pay for the subscriptions though, so, but 63 00:03:02,320 --> 00:03:05,119 Speaker 2: it does seem to be working with some consumers. 64 00:03:05,120 --> 00:03:07,800 Speaker 4: Some people are attracted to these offerings or you the 65 00:03:08,080 --> 00:03:11,440 Speaker 4: are you learning? Yes, I'm definitely learning. Yeah, it's just taking. 66 00:03:11,360 --> 00:03:11,840 Speaker 1: A long time. 67 00:03:11,840 --> 00:03:12,160 Speaker 4: I see. 68 00:03:12,160 --> 00:03:15,160 Speaker 3: It was just on Open Interest and said that to 69 00:03:15,200 --> 00:03:17,520 Speaker 3: learn Chinese you got to do like five or two 70 00:03:17,600 --> 00:03:18,519 Speaker 3: thousand hours. 71 00:03:18,960 --> 00:03:20,080 Speaker 4: But it works. 72 00:03:20,120 --> 00:03:22,240 Speaker 3: You just have to do it and you just basically 73 00:03:22,280 --> 00:03:24,840 Speaker 3: a lot of people do it, but they don't finish it, 74 00:03:24,880 --> 00:03:26,880 Speaker 3: and then that's where they don't get the real fluency. 75 00:03:27,560 --> 00:03:29,359 Speaker 3: It's ever Spanish, it was five hundred hours. 76 00:03:29,480 --> 00:03:32,680 Speaker 4: Really. Yeah, Well, I'm at this streak where I can't stop. 77 00:03:32,800 --> 00:03:34,880 Speaker 2: I can't go back to zero, you know, so I 78 00:03:34,960 --> 00:03:36,680 Speaker 2: have to do a daily lesson for the rest of 79 00:03:36,680 --> 00:03:37,240 Speaker 2: my life. 80 00:03:38,040 --> 00:03:42,160 Speaker 1: The Stock Movers podcast from Bloomberg Radio. Check back with 81 00:03:42,240 --> 00:03:45,000 Speaker 1: us throughout the day for the latest roundup of companies 82 00:03:45,040 --> 00:03:48,080 Speaker 1: making news on Wall Street and for the latest market 83 00:03:48,120 --> 00:03:52,480 Speaker 1: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 84 00:03:52,520 --> 00:03:55,800 Speaker 1: Bloomberg dot com, and on Applecarplay and Android Auto with 85 00:03:55,840 --> 00:03:57,320 Speaker 1: the Bloomberg Business app.