WEBVTT - PepsiCo Growth Plan, Netflix Earnings Preview, Alibaba Shares Rise

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<v Speaker 1>Bloomberg Audio Studios, podcasts, radio news, The Stock Movers Report,

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<v Speaker 1>your roundup of companies making moves in the stock market,

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<v Speaker 1>harnessing the power of Bloomberg Data.

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<v Speaker 2>Let's take a look at some stocks in the move today.

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<v Speaker 3>Lisa Matteo, I'm going PepsiCo, that's what we're starting. Okay,

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<v Speaker 3>so its series have been up as much as one

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<v Speaker 3>percent quarterly revenue, earnings beat expectations. But it's not just soda, right,

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<v Speaker 3>it's Dorrito's, it's Lay's chips. So they're seeing an improvement

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<v Speaker 3>in that category. That's the salty snacks. There's a lot

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<v Speaker 3>of people like my favorite chip, Yes is the Freedom

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<v Speaker 3>the Freaeda. Okay, I guess number one on my listen.

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<v Speaker 3>You know on my Mount Rushmore there a rich safety

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<v Speaker 3>that's on a Mount Rushmore of chips. People like to

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<v Speaker 3>put them in their sandwich. Did you know that? It's

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<v Speaker 3>it's a thing of Fred's in the sandwich. But they

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<v Speaker 3>cut prices and that really helped them out as much

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<v Speaker 3>as fifteen percent across those key brands, and with a

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<v Speaker 3>lot of pressure from Eliot Investment Management to to cut

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<v Speaker 3>those prices.

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<v Speaker 2>We saw a unit pick up out of it.

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<v Speaker 3>Yeah, yeah, so they're starting to.

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<v Speaker 2>Say, folks, I mean Mateo's killing it. Alexis wouldn't have

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<v Speaker 2>done that. You know what I was thinking, the price

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<v Speaker 2>theory of revenue dynamics is underplayed.

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<v Speaker 3>Continued, Yeah, they also have Gatoray. Did you know Pepsi

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<v Speaker 3>also has that too, So they're working to remove those

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<v Speaker 3>artificial colors. Yes, they're makinghouse, they do, but the low

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<v Speaker 3>sugar version. Okay, next, Okay, I gotta go with Netflix.

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<v Speaker 3>I mean the shares have been a little you know,

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<v Speaker 3>changed before before they open there. Their report comes out

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<v Speaker 3>after the clothes, but it's the first time they're getting

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<v Speaker 3>this report since it walked away from trying to brother

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<v Speaker 3>to acquire Warner Brothers Discovery. This is interesting data from Bloomberg.

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<v Speaker 3>It says Wall Street expects Netflix to report a fifteen

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<v Speaker 3>percent increase in revenue, a fourteen percent jump and adjusted

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<v Speaker 3>earnings per year. You guys had Githa Rounganath and she

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<v Speaker 3>was on earlier. She was saying those live events also key.

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<v Speaker 3>They're looking out for their advertising business. So if you

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<v Speaker 3>go to Bloomberg and Intelligence, they're saying that advertising Netflix

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<v Speaker 3>their fastest growing They predicted to rise to ten billion

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<v Speaker 3>by twenty third.

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<v Speaker 2>They're going to surveillance intelligence. How upset are you about

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<v Speaker 2>the price increase at Netflix.

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<v Speaker 3>Line I was getting there, it's now twenty bucks. But

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<v Speaker 3>the thing is Lucas Shaw had in his newsletter just

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<v Speaker 3>the other weekend saying, how if people continue to pay it,

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<v Speaker 3>like me who continues to pay it, they're going to

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<v Speaker 3>keep raising the price.

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<v Speaker 2>Lucas Shaw. In our next hour, folks, we've extended that

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<v Speaker 2>conversation out Lisa. Continue here with the brilliant stock movers.

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<v Speaker 3>Brilliant stock movers. Okay, we'll go to Chinese e commerce

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<v Speaker 3>company Ali Baba okay in the US sticker he loves it.

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<v Speaker 3>Bnba in the US off about three percent. So they're

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<v Speaker 3>expanding their products, right. They want to challenge Tenson, and

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<v Speaker 3>that's what they're doing. So they came out with this

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<v Speaker 3>new AI model. So you got to throw the tech

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<v Speaker 3>in there. It can be used to develop games, generate videos,

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<v Speaker 3>simulate the real world. It's called Happy Oyster. Okay, that's

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<v Speaker 3>the name of it. It's going to be used. It

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<v Speaker 3>could produce films, video content, games, all of that. It

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<v Speaker 3>was developed by their own business unit, Alibaba Toknhub. But

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<v Speaker 3>they have this target. They want to quinntuple annual cloud

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<v Speaker 3>AI revenue up to a one hundred and billion in

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<v Speaker 3>about five years, so we'll see.

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<v Speaker 2>If they can do. Yeah.

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<v Speaker 3>Yeah, you know what, I'll hit US Bank Corp. Because

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<v Speaker 3>we didn't touch on that before. Because of everything you're

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<v Speaker 3>solve them. The shares writing about one percent first quarter

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<v Speaker 3>profit beat us sim it's CEO kind of she's running

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<v Speaker 3>out her first year, right, she's leading the largest regional

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<v Speaker 3>bank boosting its stock too, So that kind of helped

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<v Speaker 3>with the shares dip down a little bit. But now

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<v Speaker 3>I started to come back up again.

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