1 00:00:02,520 --> 00:00:08,720 Speaker 1: Bloomberg Audio Studios, podcasts, radio News, The. 2 00:00:08,720 --> 00:00:12,560 Speaker 2: Stock Movers Report, your roundup of companies making moves in 3 00:00:12,600 --> 00:00:15,880 Speaker 2: the stock market, harnessing the power of Bloomberg Data. 4 00:00:16,680 --> 00:00:18,040 Speaker 1: Let's take a look at some of the stocks that 5 00:00:18,079 --> 00:00:20,280 Speaker 1: are on the move today on Paul Swinge alongside Lis Matteo, 6 00:00:20,640 --> 00:00:23,000 Speaker 1: and we're joined by Christina Keni. Christine, what're you look 7 00:00:23,000 --> 00:00:25,840 Speaker 1: ant it? Well? John Talker mentioned it Walmart, so let's 8 00:00:25,880 --> 00:00:29,639 Speaker 1: talk about it more. Ticker WNT currently shares our down 9 00:00:29,840 --> 00:00:32,600 Speaker 1: more than four percent, and as John mentioned, is the 10 00:00:32,720 --> 00:00:35,120 Speaker 1: worst performer on the S and P five hundred. It 11 00:00:35,159 --> 00:00:38,200 Speaker 1: really is because of that profit miss in the second quarter. 12 00:00:38,280 --> 00:00:40,920 Speaker 1: So justin EPs came in as sixty eight cents, which 13 00:00:41,000 --> 00:00:44,520 Speaker 1: is six cents below street estimates. They did, however, raise 14 00:00:44,640 --> 00:00:47,000 Speaker 1: their sales guidance for the year. They're now looking for 15 00:00:47,080 --> 00:00:49,600 Speaker 1: three point seventy five to four point seventy five percent 16 00:00:49,720 --> 00:00:52,720 Speaker 1: growth this year versus a previous forecast of three to 17 00:00:52,800 --> 00:00:56,560 Speaker 1: four percent, But analysts are mainly questioning how terrorists are 18 00:00:56,600 --> 00:00:59,320 Speaker 1: going to impact their margins. We did hear from CFO 19 00:00:59,440 --> 00:01:02,440 Speaker 1: John David Rainy saying that they have been absorbing higher 20 00:01:02,520 --> 00:01:04,680 Speaker 1: costs for some goods but they have had to raise 21 00:01:04,720 --> 00:01:09,000 Speaker 1: their prices on other goods, and he's thinking that consumers 22 00:01:09,000 --> 00:01:12,319 Speaker 1: are resilient, they can absorb those gains, and that they 23 00:01:12,360 --> 00:01:16,000 Speaker 1: continue to gain market share across all income levels. Unfortunately, 24 00:01:16,120 --> 00:01:18,800 Speaker 1: not enough to lift the share price today. Yeah, their 25 00:01:18,800 --> 00:01:20,560 Speaker 1: groceries too have been doing well. Like I know a 26 00:01:20,560 --> 00:01:22,400 Speaker 1: lot of people just go there just for the groceries 27 00:01:22,600 --> 00:01:23,240 Speaker 1: because they're. 28 00:01:23,160 --> 00:01:23,920 Speaker 2: Less expensive too. 29 00:01:24,440 --> 00:01:27,920 Speaker 1: It's some good news for Boeing this morning, absolutely, Lisa 30 00:01:28,080 --> 00:01:30,720 Speaker 1: Boeing to kr BA. So the share is actually not 31 00:01:30,880 --> 00:01:33,640 Speaker 1: moving very much. It's basically flat at the moment. It 32 00:01:33,760 --> 00:01:36,320 Speaker 1: was up a little bit earlier, but we did have 33 00:01:36,360 --> 00:01:40,559 Speaker 1: Bloomberg News reporting exclusively that Boeing is heading closer toward 34 00:01:40,680 --> 00:01:43,200 Speaker 1: finalizing a deal with China is to sell as many 35 00:01:43,319 --> 00:01:47,600 Speaker 1: as five hundred aircraft, so that transaction that would end 36 00:01:47,600 --> 00:01:51,440 Speaker 1: a sales drought from Boeing to China which stretches all 37 00:01:51,440 --> 00:01:54,600 Speaker 1: the way back to twenty seventeen, when President Trump last visited. 38 00:01:54,960 --> 00:01:59,000 Speaker 1: China's officials reportedly have already started consulting domestic airlines about 39 00:01:59,040 --> 00:02:01,760 Speaker 1: how many aircraft they're going to need, but is of 40 00:02:01,840 --> 00:02:05,680 Speaker 1: course contingent on the trade relations between the two countries. 41 00:02:06,160 --> 00:02:10,919 Speaker 1: And any hostilities that resurface could still make zeal fall apart. 42 00:02:11,080 --> 00:02:15,519 Speaker 1: So wait and see one more. Let's take over a 43 00:02:15,600 --> 00:02:18,919 Speaker 1: pound here go, Yeah, a lot of the clients. Over 44 00:02:19,120 --> 00:02:21,400 Speaker 1: the last six sessions, it's down four tenths and one 45 00:02:21,440 --> 00:02:24,160 Speaker 1: percent at the moment, but as of yesterday it had 46 00:02:24,160 --> 00:02:27,680 Speaker 1: a sixth session losing streak that is the longest since 47 00:02:27,720 --> 00:02:30,639 Speaker 1: April twenty twenty four. If it falls again today, then 48 00:02:30,720 --> 00:02:33,000 Speaker 1: that would be the longest since March twenty twenty three. 49 00:02:33,280 --> 00:02:36,040 Speaker 1: Big boon though for a short seller. Seventy three billion 50 00:02:36,120 --> 00:02:39,560 Speaker 1: dollars or rather one point six billion dollars in profit, 51 00:02:39,639 --> 00:02:41,600 Speaker 1: according to data from S three Partners. 52 00:02:42,880 --> 00:02:46,880 Speaker 2: The Stock Mover's report from Bloomberg Radio. Check back with 53 00:02:46,960 --> 00:02:49,560 Speaker 2: us throughout the day for the latest roundup of companies 54 00:02:49,639 --> 00:02:52,720 Speaker 2: making news on Wall Street and for the latest market 55 00:02:52,760 --> 00:02:57,240 Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 56 00:02:57,320 --> 00:03:00,800 Speaker 2: Bloomberg dot com, and on Applecarplay and Android Auto with 57 00:03:00,880 --> 00:03:07,079 Speaker 2: the Bloomberg Business app. Mm hmm.