Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The Stock Movers Report,
Speaker 1: your roundup of companies making moves in the stock market,
Speaker 1: harnessing the power of Bloomberg Data.
Speaker 2: Let's take a look at some stocks in the move today.
Speaker 3: Lisa Matteo, I'm going PepsiCo, that's what we're starting. Okay,
Speaker 3: so its series have been up as much as one
Speaker 3: percent quarterly revenue, earnings beat expectations. But it's not just soda, right,
Speaker 3: it's Dorrito's, it's Lay's chips. So they're seeing an improvement
Speaker 3: in that category. That's the salty snacks. There's a lot
Speaker 3: of people like my favorite chip, Yes is the Freedom
Speaker 3: the Freaeda. Okay, I guess number one on my listen.
Speaker 3: You know on my Mount Rushmore there a rich safety
Speaker 3: that's on a Mount Rushmore of chips. People like to
Speaker 3: put them in their sandwich. Did you know that? It's
Speaker 3: it's a thing of Fred's in the sandwich. But they
Speaker 3: cut prices and that really helped them out as much
Speaker 3: as fifteen percent across those key brands, and with a
Speaker 3: lot of pressure from Eliot Investment Management to to cut
Speaker 3: those prices.
Speaker 2: We saw a unit pick up out of it.
Speaker 3: Yeah, yeah, so they're starting to.
Speaker 2: Say, folks, I mean Mateo's killing it. Alexis wouldn't have
Speaker 2: done that. You know what I was thinking, the price
Speaker 2: theory of revenue dynamics is underplayed.
Speaker 3: Continued, Yeah, they also have Gatoray. Did you know Pepsi
Speaker 3: also has that too, So they're working to remove those
Speaker 3: artificial colors. Yes, they're makinghouse, they do, but the low
Speaker 3: sugar version. Okay, next, Okay, I gotta go with Netflix.
Speaker 3: I mean the shares have been a little you know,
Speaker 3: changed before before they open there. Their report comes out
Speaker 3: after the clothes, but it's the first time they're getting
Speaker 3: this report since it walked away from trying to brother
Speaker 3: to acquire Warner Brothers Discovery. This is interesting data from Bloomberg.
Speaker 3: It says Wall Street expects Netflix to report a fifteen
Speaker 3: percent increase in revenue, a fourteen percent jump and adjusted
Speaker 3: earnings per year. You guys had Githa Rounganath and she
Speaker 3: was on earlier. She was saying those live events also key.
Speaker 3: They're looking out for their advertising business. So if you
Speaker 3: go to Bloomberg and Intelligence, they're saying that advertising Netflix
Speaker 3: their fastest growing They predicted to rise to ten billion
Speaker 3: by twenty third.
Speaker 2: They're going to surveillance intelligence. How upset are you about
Speaker 2: the price increase at Netflix.
Speaker 3: Line I was getting there, it's now twenty bucks. But
Speaker 3: the thing is Lucas Shaw had in his newsletter just
Speaker 3: the other weekend saying, how if people continue to pay it,
Speaker 3: like me who continues to pay it, they're going to
Speaker 3: keep raising the price.
Speaker 2: Lucas Shaw. In our next hour, folks, we've extended that
Speaker 2: conversation out Lisa. Continue here with the brilliant stock movers.
Speaker 3: Brilliant stock movers. Okay, we'll go to Chinese e commerce
Speaker 3: company Ali Baba okay in the US sticker he loves it.
Speaker 3: Bnba in the US off about three percent. So they're
Speaker 3: expanding their products, right. They want to challenge Tenson, and
Speaker 3: that's what they're doing. So they came out with this
Speaker 3: new AI model. So you got to throw the tech
Speaker 3: in there. It can be used to develop games, generate videos,
Speaker 3: simulate the real world. It's called Happy Oyster. Okay, that's
Speaker 3: the name of it. It's going to be used. It
Speaker 3: could produce films, video content, games, all of that. It
Speaker 3: was developed by their own business unit, Alibaba Toknhub. But
Speaker 3: they have this target. They want to quinntuple annual cloud
Speaker 3: AI revenue up to a one hundred and billion in
Speaker 3: about five years, so we'll see.
Speaker 2: If they can do. Yeah.
Speaker 3: Yeah, you know what, I'll hit US Bank Corp. Because
Speaker 3: we didn't touch on that before. Because of everything you're
Speaker 3: solve them. The shares writing about one percent first quarter
Speaker 3: profit beat us sim it's CEO kind of she's running
Speaker 3: out her first year, right, she's leading the largest regional
Speaker 3: bank boosting its stock too, So that kind of helped
Speaker 3: with the shares dip down a little bit. But now
Speaker 3: I started to come back up again.
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