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Speaker 1: Bloomberg Audio Studios, podcasts, radio news.

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Speaker 2: The Stock Movers Report, your roundup of companies making moves

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Speaker 2: in the stock market, harnessing the power of Bloomberg data.

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

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Speaker 1: The Lexus cous suffers.

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Speaker 3: All right, guys, let's kick it off with PayPal. So

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Speaker 3: we see that stock down eighteen percent right now. Lots

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Speaker 3: of news coming out of PayPal. First, it's naming HP

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Speaker 3: CEO Enrique lares As its new CEO. You know, former

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Speaker 3: longtime PayPal CEO Dan Shulman now heading up Verizon. But look,

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Speaker 3: Lauras has his work cut out for him. Profit and

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Speaker 3: revenue at PayPal fell short of expectations. It saw weakness

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Speaker 3: in its US retail spending, It's got international headwinds, and

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Speaker 3: growth in its branded online checkouts slowed to just one percent.

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Speaker 3: Get this year to date PayPal down ten percent. It's

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Speaker 3: one year return down forty two percent.

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Speaker 1: I just don't get that PayPal story. They could have

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Speaker 1: really been a leader in fintech. Yeah, it's space. I

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Speaker 1: just don't know what happened.

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Speaker 3: All right, Let's move on to Palenteer Technologies. Flipping the

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Speaker 3: coin here, because that stock is up eleven percent. So

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Speaker 3: this is a company that creates software and data tools

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Speaker 3: for businesses. Also has a bunch of government contracts with

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Speaker 3: the Department of Defense the IRS. So Palenteer forecast revenue

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Speaker 3: for fiscal twenty twenty six blue passed Wall Street's estimates.

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Speaker 3: It also signed a contract worth up to ten billion

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Speaker 3: with the Army in July. It signed another one for

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Speaker 3: four hundred and fifty million with the Navy in December.

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Speaker 3: And Talenteer, you know, it got off to a lackluster

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Speaker 3: start here this year. It was down seventeen percent year

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Speaker 3: to date, but it's one year return seventy six percent.

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Speaker 1: No, it's just been it's been an extraordinary story. They

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Speaker 1: got it. At first, I thought they might not catch

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Speaker 1: the AI you know, win in the sales. But then

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Speaker 1: they did, and that's all this stock needed. I remember

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Speaker 1: Dan Ives initiating coverage on this stock, and he was late.

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Speaker 1: I mean he was that stock could already run, already run,

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Speaker 1: already run. And he said, no, it's still got room

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Speaker 1: to go.

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Speaker 3: And he was currently it does, yeah, all right, and

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Speaker 3: then let's do another one. On the plus side. Terradyne

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Speaker 3: this stock soaring twenty two percent it's now in record territory.

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Speaker 3: This is a semiconductor test equipment supplier smashing wall streets

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Speaker 3: targets for the fourth quarter. Also with its guidance for

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Speaker 3: the current period. Business seems well exposed to you know,

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Speaker 3: artificial intelligence chips and which we know is all the

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Speaker 3: rage right now. And I got time for I think

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Speaker 3: one more. I'm going to throw it in there. Throw

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Speaker 3: it in PepsiCo cutting prices on snacks like Lays, Doritos, Cheetos.

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Speaker 3: It's trying to win back customers who were very frustrated

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Speaker 3: with rising prices. And a reason why revenue was up

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Speaker 3: last quarter was because of the higher prices. And that's

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Speaker 3: not why you want to see revenue rise.

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Speaker 1: See that's the thing. Like, you know, we had that

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Speaker 1: bout of inflation from the pandemic and the you know,

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Speaker 1: supply chain and all that stuff. I don't know, but

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Speaker 1: those prices go up, I get it, but they never

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Speaker 1: come down. Well it's a commodity like milk goes down

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Speaker 1: at a price. Okay, fine, but these package goods do

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Speaker 1: they ever cut price inflation.

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Speaker 3: That we get the fewer items in the package.

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Speaker 1: I'll tell you what I do.

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Speaker 3: Like the air in the package.

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Speaker 1: I'll tell what I like though, is the smaller cans

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Speaker 1: of Coca cola and pepsi. I'm sure everything else that

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Speaker 1: it's like seven point five ounces, because I never drink

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Speaker 1: the twelve ounces, so now I feel like I'm not

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Speaker 1: wasting it. That's seven half ounces. Is they feel like

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Speaker 1: you got?

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Speaker 2: Now?

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Speaker 1: I don't know what they're pricing it at am I

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Speaker 1: paying the same thing for twelve ounces. I don't know.

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Speaker 1: I haven't gone that far.

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Speaker 3: I'm a selzier, I'm a seltzer gal.

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Speaker 1: All right, I'm a coke person. But you put a

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Speaker 1: can of pepsi in front of me, I'm just as happy.

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Speaker 1: I tak careless, you know, but some people are. I

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Speaker 1: can tell the difference. But they're both good. Now, the

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Speaker 1: stuff we have on the sixth floor, I'm going right

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Speaker 1: to the top on this one. We have this organic

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Speaker 1: soda up there. Disaster doesn't even say. I've been talked

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Speaker 1: talking to these guys who run the sixth floor. Can

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Speaker 1: you bring back an old.

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Speaker 3: Time organic sugarcane? What's going on?

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Speaker 1: Cola? It's terrible. So anyway, so I'm going to the

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Speaker 1: top on this stop.

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Speaker 3: I say, cut out the soda.

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Speaker 2: Cut it out Paul the Stockmovers report from Bloomberg Radio.

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Speaker 2: roundup of companies making news on Wall Street and for

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