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Speaker 1: Bloomberg Audio Studios, podcasts, radio news.

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Speaker 2: The Stock Movers Report, your roundup of companies making moves

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Speaker 2: in the stock market, harnessing the power of Bloomberg Data.

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Speaker 3: It's time to take a look at some of the

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Speaker 3: stocks on the move. I'm Lis Mitail alongside Paul Sweeney.

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Speaker 3: We are joined by Bloomberg's Isabelle Lee. Isabelle, thanks for

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Speaker 3: coming in. The first one I want to get to

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Speaker 3: is Airbnb, because Paul makes fun of me because when

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Speaker 3: I book vacations, it's.

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Speaker 1: The first place I use hotels.

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Speaker 3: See that's a bet Paul is trying to say, but

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Speaker 3: apparently a lot of people do. But looking ahead, it

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Speaker 3: doesn't look so great for the company.

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Speaker 1: It doesn't look so great. We have to go back

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Speaker 1: to why we both use hotels. But the stock is

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Speaker 1: now down by more than seven percent. The ticker is

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Speaker 1: AB and B. So third quarter revenue will range from

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Speaker 1: four point zero two billion to four point one billion.

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Speaker 1: That translates to an eight percent gain from a year

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Speaker 1: earlier at the lower end, so this is noticeably short

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Speaker 1: from the nearly thirteen person grows in the prior three months.

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Speaker 1: So they also projected tougher outlook for the second half

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Speaker 1: of the year. So this outlook plus the lukewarm forecast

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Speaker 1: we've seen from Booking its rival reallyous underscores broad economic

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Speaker 1: uncertainty and maybe for more people preferring hotels. So again

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Speaker 1: the forecast overshadowed what were otherwise result generational.

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Speaker 4: I'm just not of the generation that grew up with that.

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Speaker 4: I grew up in the hotel thing. But my kids

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Speaker 4: all do it.

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Speaker 1: Oh, they do airbnbs.

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Speaker 4: To do airbnbs, it's a better deal.

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Speaker 3: You can you can cook there, you can have party,

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Speaker 3: especially for a big family reunion.

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Speaker 4: Before we do a guy's ski trip. Yes, see Julie

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Speaker 4: the cruise director in our in our group.

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Speaker 2: And I do.

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Speaker 4: He uses Verbo, which is you know, yes, yes, condos

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Speaker 4: in our ski and that works great. So I don't

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Speaker 4: know you use it more.

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Speaker 3: What else you got?

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Speaker 1: Door Dash so tickers d a s H. So the

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Speaker 1: stock is gaining almost four percent, and again that also

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Speaker 1: is due to the company reporting results that beat expectations.

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Speaker 1: So DoorDash is the largest food delivery service in the

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Speaker 1: US and they issued an outlook that beat expectations. So

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Speaker 1: again this is a sign that maybe services remains resilient

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Speaker 1: despite really just concerns about consumer spending. The forecast is

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Speaker 1: also good. The company said that the new consumers grew

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Speaker 1: each month in the second quarter, and users of more

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Speaker 1: than six months also had better retention rates. And they're

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Speaker 1: also ordering more from the company's non restaurant categories such

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Speaker 1: as supermarkets and retailer. So maybe this is another generational thing.

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Speaker 1: But I order my groceries, I'm.

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Speaker 4: Like, oh goodness, and what does that cost you?

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Speaker 1: There is a fee. Everything there is there is it's

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Speaker 1: a big one. But you pick your poison, and that

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Speaker 1: is the poison I choose.

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Speaker 4: The first time I saw the door dash on my

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Speaker 4: visit pos my son was a freshman last year, two

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Speaker 4: years ago in college. There was a fifteen dollars McDonald's

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Speaker 4: and the delivery chargers like ten or twelve dollars. Yes,

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Speaker 4: that I turned off was credit card immediately.

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Speaker 1: Good decision for like two or three days.

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Speaker 4: Screamssage.

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Speaker 2: That's good.

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Speaker 4: Parents a lesson here, So all right, I just don't

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Speaker 4: understand that, you know at it. Here's another new economy.

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Speaker 4: What's going on with DUELINGO Duel and.

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Speaker 1: Go ticker is Duols. The stock is up narrow more

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Speaker 1: than twenty seven percent, but it jumped earlier to thirty

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Speaker 1: two percent. That's the biggest intro day move since May

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Speaker 1: twenty twenty two. So this is a language learning software.

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Speaker 1: You know your friends. They like to brag that they're

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Speaker 1: learning Spanish or French or Mandarin in the app, and

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Speaker 1: they even have a three hundred days streak or something

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Speaker 1: like that. It really gamifies learning. So they lifted their

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Speaker 1: earnings forecast for the year again better than expected performance

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Speaker 1: of its subscription tiers, and they also expect a full

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Speaker 1: year revenue that's higher than estimates. They're also making an acquisition.

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Speaker 1: They said that it will speed up to broadening their

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Speaker 1: offers beyond language learning games. So they're buying next Beat.

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Speaker 1: This is a music gaming startup in London, so I

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Speaker 1: don't really know how next Beat will work, but they

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Speaker 1: have a twenty three member team and this will really

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Speaker 1: just allow the company to broaden from language to music.

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Speaker 4: One of the one of the fundamental regrets of my

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Speaker 4: life is I did not learn foreign line. I know,

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Speaker 4: I really read.

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Speaker 3: Well, I can't hello. I'm Puerto Rican and I'm.

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Speaker 1: Parents who teach their kids. Yes, if you don't speak

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Speaker 1: it all the time, you.

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Speaker 2: Forget the stock movers report from Bloomberg Radio. Check back

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Speaker 2: with us throughout the day for the latest roundup of

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Speaker 2: companies making news on Wall Street, and for the latest

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Speaker 2: market moving headlines. Listen to Bloomberg Radio Live, catch us

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