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Speaker 1: Hi, I'm Carol Masser, introducing you to the new Stock

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Speaker 1: Movers podcast from Bloomberg. The show brings you short episodes

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Speaker 1: five minutes or less, covering the stocks making gains and

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Speaker 1: losses in today's trading. Subscribe to Stock Movers on Apple, Spotify,

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Speaker 1: or anywhere you get your podcasts now. Here's a sample

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Speaker 1: of the latest episode from our team at Bloomberg.

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Speaker 2: Bloomberg Audio Studios, Podcasts, Radio News.

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Speaker 3: The Stock Movers podcast your roundup of companies making moves

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Speaker 3: in the stock market, harnessing the power of Bloomberg data.

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Speaker 2: Let's take a look at some of the stocks on

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Speaker 2: the move on this Monday. Emily Graffeo is Bloomberg News

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Speaker 2: cross house at Reporter, and she joins us here.

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Speaker 4: Netflix, one of the top performers in the S and

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Speaker 4: P five hundred on a day when the index itself

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Speaker 4: was down more than two percent and there weren't a

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Speaker 4: lot of places to hide, even in bonds, so they

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Speaker 4: reported a record profit to start the year on Thursday.

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Speaker 2: Doesn't it feel like a world away, like completely forgot.

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Speaker 4: But like no one was really paying attention, because, yeah,

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Speaker 4: everyone's going on vacation. Everyone was leaving for the holiday, weekend.

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Speaker 4: Maybe Netflix was, but traders weren't, so that stock was

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Speaker 4: up higher today. Record profit to start the year. First

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Speaker 4: quarter earnings rose twenty five percent, which beat ana estimates,

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Speaker 4: and the company also said that it's seen no impact

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Speaker 4: on its business from the tariffs or the market volatility

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Speaker 4: that has followed. So perhaps this is a safety kind

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Speaker 4: of hedge.

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Speaker 2: As Bloomberg Television's Alex Steele said, it's basically you gotta

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Speaker 2: have your name.

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Speaker 5: I was going to ask, is it a consumer staple

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Speaker 5: or is it a discretionary purchase in your view?

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Speaker 3: In my view? In your view?

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Speaker 5: And here I'm going to repriind everybody, well you think

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Speaker 5: about them.

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Speaker 2: Everybody.

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Speaker 5: Standard with ads is seven ninety nine a month, Standard

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Speaker 5: is seventeen ninety nine a month. Premium is twenty four

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Speaker 5: ninety nine a month.

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Speaker 3: You know, you don't.

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Speaker 4: You don't need it seriously, So I'm going to say

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Speaker 4: it's still a discretionary. I don't know. I mean YouTube

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Speaker 4: is free. Sometimes I feel like.

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Speaker 2: Some food on the table.

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Speaker 1: Yeah, food on the table Net.

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Speaker 4: But it's food on the table versus Netflix. Netflix feels

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Speaker 4: like a you know, more discretionary and there's so many competitors. Oh, yeah,

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Speaker 4: maybe you would stick with your Netflix, because if you

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Speaker 4: have that description already, it's harder to cancel it than

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Speaker 4: like buying a new part. It's stickier. Yeah, which actually

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Speaker 4: segues into my neck stock.

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Speaker 1: Okay, you're welcome.

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Speaker 4: We're talking about canceling Uber shares. We're down today as

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Speaker 4: much as five point two percent. The end of the

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Speaker 4: day down three percent, But it seems like a lot

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Speaker 4: of the downside is coming from a lawsuit from the FTC,

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Speaker 4: which alleged in a complaint today that the company charged

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Speaker 4: consumers for its Uber one product without their consent and

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Speaker 4: made it unreasonably burdensome to cancel the service. The agency

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Speaker 4: found users can be required to navigate get this as

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Speaker 4: many as twenty three screens and take up to thirty

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Speaker 4: two actions just to cancel Uber one, according to the

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Speaker 4: FTC statement. Now, Uber said in their response that it

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Speaker 4: didn't take that many steps, but that's what.

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Speaker 1: The actually twenty two screens and thirty ones.

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Speaker 4: Yeah, because all the k ok yeah on the kidding,

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Speaker 4: So I mean, huh yeah, that stock was down.

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Speaker 2: Tried to do some things though, and wait a second,

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Speaker 2: we should explain what Uber one is.

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Speaker 5: Okay, Okay, So Uber one is like this subscription service

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Speaker 5: you can get for Uber. You get zero delivery fees

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Speaker 5: on Uber Eats orders that are eligible. It's ten bucks

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Speaker 5: a month, maybe ninety six bucks a year roughly. And yeah,

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Speaker 5: I mean I think Lyft has its own version of

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Speaker 5: this too. I'm the Lift I have the Lift one

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Speaker 5: because that's how you get city Bike, so I get

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Speaker 5: a discount on Lyft rides.

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Speaker 4: But anyway, yeah, I thought it was interesting. Yeah, because well,

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Speaker 4: the agency has also recently sued several other companies, including Amazon, Adobe,

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Speaker 4: for making it too difficult to cancel subscriptions. So I

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Speaker 4: always have my eye on stuff like that. So Tesla Tesla,

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Speaker 4: speaking of cars, Yes, speaking of cars, we have a

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Speaker 4: lot of nice segues. Today Tesla fell five percent today.

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Speaker 4: This was its third straight day of declines. Earnings are

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Speaker 4: set for tomorrow. The stock is down forty three percent

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Speaker 4: year to date, though, And there was a pretty colorful

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Speaker 4: note we can call it over the weekend from Wedbush's

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Speaker 4: Dan ives he does have an.

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Speaker 1: Outperformance, likes to wear colorful.

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Speaker 4: Yes, it's one of the best dressed Southside analysts. But

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Speaker 4: he had a note over the weekend that said Tesla's

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Speaker 4: facing a code read moment as it prepares to report

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Speaker 4: its earnings. And he also said that the CEO, Elon Musk,

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Speaker 4: should step back from his work at DOGE and refocus

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Speaker 4: his attention on the carmaker and then on a more

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Speaker 4: fundamental level, still bullish, Yes, he's he's still bullish, but

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Speaker 4: Tesla also.

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Speaker 2: Reported bullish and then have a code read past Dan. Yeah,

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Speaker 2: I know, he said, we he said, I love bullish.

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Speaker 2: It's a great question.

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Speaker 5: We believe Test along with n Vidr, two of the

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Speaker 5: most disruptive tech companies on the globe over the coming years.

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Speaker 4: He also said, Tesla is Musk. Musk is Tesla. Anyone

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Speaker 4: thinks the brand damage Musk has inflicted is not a

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Speaker 4: real thing. Spend some time speaking to car buyers in

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Speaker 4: the US, Europe, Asia, You'll think differently after those discussions.

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Speaker 4: We'll see what you know Tesla does after the earnings.

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Speaker 4: But it's heading into this earnings report down forty three

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Speaker 4: percent year to date, vulnerable. There's a lot of headlines,

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Speaker 4: there's a lot of focus on, you know, what is

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Speaker 4: Musk's role and the company? Is he distracted with what

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Speaker 4: he's doing at DOGE.

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Speaker 2: To be an interesting analyst call Earning's analyst call after

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Speaker 2: the close tomorrow. Nice segues between them.

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Speaker 1: Well done, well done, Well done.

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Speaker 3: The Stockmovers podcast from Bloomberg Radio. Check back with us

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Speaker 3: throughout the day for the latest roundup of companies making

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Speaker 3: news on Wall Street and for the latest market moving headlines.

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