Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The.
Speaker 2: Stock Movers podcast, your roundup of companies making moves in
Speaker 2: the stock market, harnessing the power of Bloomberg data.
Speaker 1: Let's get to it down. Stack Mover's hugely popular. Look
Speaker 1: for that podcast out there, each and everyone, and there's
Speaker 1: many of them, but a couple of them as well,
Speaker 1: but none of them better than would Lisa Mateo The
Speaker 1: Stockmovers on this Monday morning futures up. Eate, Lisa, what
Speaker 1: do you have?
Speaker 3: All right?
Speaker 4: I have to start with Warner Brothers is a big
Speaker 4: story of today. I take our WBD separating into two
Speaker 4: publicly traded companies. The shares have been up as much
Speaker 4: as twelve percent. The two the basic rundown. You have
Speaker 4: the streaming and studios company, David Zaslov. He's going to
Speaker 4: serve as president and CEO of that company, Warner Brothers Television,
Speaker 4: Winner Brothers, Motion Pictures, DC Studios, HBO, HBO Max and
Speaker 4: their film and television libraries. Then you have that second company,
Speaker 4: Global Networks, and that will be led by the CFO
Speaker 4: at Warner Brothers Discovery. It's worldwide premiere entertainment. We're talking sports, news, television,
Speaker 4: brands like CNN, TNT, but also the digital products like Discovery,
Speaker 4: plus the streaming service Bleacher Report, and it's expected to
Speaker 4: be completed by the middle of next years. They're really
Speaker 4: just trying to capitalize on the consumer, right, shifting away
Speaker 4: from traditional PayTV to these new online options. And we
Speaker 4: saw the Comcast you know, do take a similar plath,
Speaker 4: you know, dividing that MBC first, like.
Speaker 1: A similar to the Comcast approach.
Speaker 3: Yeah, and Comcasts announced that and we're waiting for them
Speaker 3: to spin out their cable networks. It's basically just saying
Speaker 3: the cable network business is and no longer a growth business,
Speaker 3: so you just get rid of that.
Speaker 1: But yes, stomp the debt and there we've got to
Speaker 1: keep going here it is stock movers, but a headline
Speaker 1: moments ago, and I'm sorry it is. The key headline
Speaker 1: for me is the amateur Paul swinging the pro Oh,
Speaker 1: there's so many headlines it's hard to find here. They're
Speaker 1: not going to talk about capital structure for a while.
Speaker 1: They better because they don't want to talk about to
Speaker 1: do that.
Speaker 3: But the most important thing from my perspective is JP
Speaker 3: Morgan's seventeen point five billion dollar bridge loan. They're going
Speaker 3: to use that cash Thoree finance all of this debt
Speaker 3: and get into one tidy little bundle and then they'll
Speaker 3: pay back the bridge loan at some point.
Speaker 4: Just a time on stock movers next, all right, Tesla,
Speaker 4: their shares have been a ticker t SLA. Yeah, shares
Speaker 4: have been down as much as two percent. Investors really
Speaker 4: just kind of watching out any more updates with that
Speaker 4: fallout between President Trump Elon Musk. But you had a
Speaker 4: couple downgrades too. You had Bear downgraded the stock to
Speaker 4: neutral from outperform. It said that that rally was actually
Speaker 4: due to just anticipation of the launch of the more
Speaker 4: affordable vehicle, but also the robotaxi service. And then if
Speaker 4: that's not enough, Argus also downgraded the stock too.
Speaker 3: Argus is still around.
Speaker 4: Yeah, yeah, yeah, And if you're keeping it keeping track
Speaker 4: through Friday's close, the shares down about twenty seven percent
Speaker 4: this year for Tesla shares. From that, we moved to
Speaker 4: Apple because it's a big day for Apple right their
Speaker 4: developers conference ticker AAPL. The shares have been up about
Speaker 4: half a percent, but people are going to be looking
Speaker 4: to see if there's any signs of the struggles with
Speaker 4: artificial intelligence that they've been happening, they're not expected to
Speaker 4: feature really much in the way of AI releases. The
Speaker 4: conference actually marks a one year anniversary when they first
Speaker 4: introduce Apple Intelligence, so it's kind of interesting there. But
Speaker 4: the share has been down about nineteen percent this year,
Speaker 4: making them by far the biggest drag of the Nastaq
Speaker 4: one hundred, which is actually advanced three point six percent.
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