1 00:00:02,520 --> 00:00:08,800 Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The. 2 00:00:08,880 --> 00:00:13,160 Speaker 2: Stock Movers podcast, your roundup of companies making moves in 3 00:00:13,200 --> 00:00:16,480 Speaker 2: the stock market, harnessing the power of Bloomberg Data. 4 00:00:17,960 --> 00:00:19,840 Speaker 1: Let's take a look at some of the stocks on 5 00:00:19,880 --> 00:00:20,320 Speaker 1: the move today. 6 00:00:20,360 --> 00:00:23,760 Speaker 2: I'm Paul Sweeney alongside Isabelle Lee. We're joined by Bloomberg's 7 00:00:23,800 --> 00:00:25,240 Speaker 2: Red Brown Red. What are you looking at today? 8 00:00:25,720 --> 00:00:27,800 Speaker 1: First thing on my radar is Hasbro. The ticket for 9 00:00:27,800 --> 00:00:30,240 Speaker 1: that one is h as. The company was trading a 10 00:00:30,280 --> 00:00:33,199 Speaker 1: little bit up pre market, but now as slid at 11 00:00:33,200 --> 00:00:36,400 Speaker 1: the open my round three percent. They raised their full 12 00:00:36,440 --> 00:00:39,800 Speaker 1: yer outlook in their earnings report today actually beat analyst expectations. 13 00:00:40,360 --> 00:00:42,360 Speaker 1: I think some of the positivity probably pre market had 14 00:00:42,360 --> 00:00:44,080 Speaker 1: to do with just the fact that this company has 15 00:00:44,120 --> 00:00:47,320 Speaker 1: been one of these, you know, in the spotlight for 16 00:00:47,440 --> 00:00:50,680 Speaker 1: its tariff impact profits expected to be impact as much 17 00:00:50,680 --> 00:00:54,120 Speaker 1: as sixty million this year. But the company is having 18 00:00:54,120 --> 00:00:56,760 Speaker 1: some success with some new products, so I think that's 19 00:00:56,760 --> 00:00:59,120 Speaker 1: probably what's driving a little bit of the improved outlook 20 00:00:59,160 --> 00:01:00,640 Speaker 1: for the company. But still kind of a little bit 21 00:01:00,680 --> 00:01:02,959 Speaker 1: of mixed picture for how the rest of the year 22 00:01:03,000 --> 00:01:06,479 Speaker 1: will play out. For for Hasbro, stops up year to date, 23 00:01:06,560 --> 00:01:08,880 Speaker 1: so that's pretty interesting. Yeah, I mean a lot of 24 00:01:08,920 --> 00:01:11,840 Speaker 1: that is coming from after a negative April, so it's 25 00:01:11,840 --> 00:01:14,880 Speaker 1: all pretty much all been through. May I think as 26 00:01:14,959 --> 00:01:17,120 Speaker 1: you know, as they've been able to get out the 27 00:01:17,160 --> 00:01:18,959 Speaker 1: fact that they are going to be you know, mitigating 28 00:01:19,000 --> 00:01:22,400 Speaker 1: tearff impact things like that. So you know, still doing 29 00:01:22,480 --> 00:01:25,240 Speaker 1: quite well all things considered. And I think it is 30 00:01:25,720 --> 00:01:27,959 Speaker 1: some of these new products at this game called Magic 31 00:01:28,000 --> 00:01:31,520 Speaker 1: the Gathering launch four hundred and twelve million dollars in 32 00:01:31,600 --> 00:01:33,560 Speaker 1: sales last quarter for a board game. 33 00:01:33,640 --> 00:01:36,640 Speaker 2: So what about Texas Instruments. This is a key chip 34 00:01:36,680 --> 00:01:38,959 Speaker 2: maker for producers of cars and factory equipment. 35 00:01:39,000 --> 00:01:41,560 Speaker 1: What are you seeing there? Yeah, Texas Instruments really struggling 36 00:01:41,600 --> 00:01:45,399 Speaker 1: today after their report this morning. They they're fall falling 37 00:01:45,440 --> 00:01:47,520 Speaker 1: right now as much as twelve percent. That's the biggest 38 00:01:47,520 --> 00:01:50,080 Speaker 1: inter day move since two thousand and eight. It's pretty 39 00:01:50,120 --> 00:01:52,800 Speaker 1: much erasing the gains for the year. Last night, the 40 00:01:52,800 --> 00:01:54,920 Speaker 1: company issued an outlook for the third quarter that came 41 00:01:54,960 --> 00:01:58,440 Speaker 1: in in line with expectations, but I think given kind 42 00:01:58,440 --> 00:02:01,040 Speaker 1: of the backdrop all the word around tariffs, it was 43 00:02:01,080 --> 00:02:04,360 Speaker 1: a little more conservative than what what investors were hoping 44 00:02:04,440 --> 00:02:07,440 Speaker 1: to see. You know, in general, it's the feeling is 45 00:02:07,480 --> 00:02:11,040 Speaker 1: kind of like more questions and answers. Especially during the call, 46 00:02:11,120 --> 00:02:13,600 Speaker 1: analysts were really trying to push the management saying, you know, 47 00:02:13,919 --> 00:02:16,000 Speaker 1: you know, if you really have a more negative tone 48 00:02:16,040 --> 00:02:18,320 Speaker 1: on things, where is that coming from. And we just 49 00:02:18,360 --> 00:02:21,320 Speaker 1: didn't really get I think satisfactory answers from the group 50 00:02:21,760 --> 00:02:23,600 Speaker 1: who are trying to say, you know, things are looking up, 51 00:02:23,600 --> 00:02:26,240 Speaker 1: things are looking up. But I guess analysts and obviously 52 00:02:26,320 --> 00:02:30,080 Speaker 1: the market today just really really not convinced. And last 53 00:02:30,080 --> 00:02:32,320 Speaker 1: time I checked, I believe right now Text Instruments the 54 00:02:32,400 --> 00:02:35,160 Speaker 1: second worst performing stock in the S and P five 55 00:02:35,200 --> 00:02:36,040 Speaker 1: hundred at the moment. 56 00:02:36,520 --> 00:02:39,040 Speaker 2: What is en Phase Energy? What's going on there? 57 00:02:39,160 --> 00:02:41,120 Speaker 1: And Phase Energy? Yeah, the ticker on that one e 58 00:02:41,240 --> 00:02:45,120 Speaker 1: n p H. That is a residential solar company, So 59 00:02:45,280 --> 00:02:47,959 Speaker 1: solar panels on your on your roof, things like that. Yeah, 60 00:02:48,080 --> 00:02:52,880 Speaker 1: oh boys. Right, stock today is down down right now 61 00:02:52,880 --> 00:02:56,359 Speaker 1: around eleven percent. Companies really having a tough year, and 62 00:02:56,440 --> 00:03:00,120 Speaker 1: it's you know, largely coming off the back of the 63 00:03:00,160 --> 00:03:02,600 Speaker 1: demand destruction that's coming from the unwillingness of the federal 64 00:03:02,639 --> 00:03:06,080 Speaker 1: government to really support this industry going forward. The company 65 00:03:06,080 --> 00:03:09,200 Speaker 1: today said that it expects the US residential solar market 66 00:03:09,240 --> 00:03:12,160 Speaker 1: to shrink by twenty percent next year. You know. So 67 00:03:12,240 --> 00:03:14,160 Speaker 1: this has been a really difficult year, not just for 68 00:03:14,280 --> 00:03:17,880 Speaker 1: n phase, but for this market in general. We've already 69 00:03:17,919 --> 00:03:21,800 Speaker 1: seen some bankruptcies from companies that help people finance these 70 00:03:21,840 --> 00:03:24,840 Speaker 1: these projects and things like that. So yeah, you know, 71 00:03:24,960 --> 00:03:26,920 Speaker 1: a couple with high interest rates, it's just really not 72 00:03:26,960 --> 00:03:29,440 Speaker 1: a good time to be in residential solar unfortunately. 73 00:03:30,400 --> 00:03:34,520 Speaker 2: The Stock Movers podcast from Bloomberg Radio. Check back with 74 00:03:34,600 --> 00:03:37,360 Speaker 2: us throughout the day for the latest roundup of companies 75 00:03:37,400 --> 00:03:40,480 Speaker 2: making news on Wall Street and for the latest market 76 00:03:40,480 --> 00:03:44,880 Speaker 2: moving headlines. 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