Speaker 1: Bloomberg Audio Studios, Podcasts, radio News.
Speaker 2: The Stock Movers report, your roundup of companies making moves
Speaker 2: in the stock market, harnessing the power of Bloomberg Data.
Speaker 3: I'm Carol Messer along with Emily Graffeo. Let's get to
Speaker 3: some stacks on the move on this Monday. Bloomberg News
Speaker 3: Managing editor from Bloomberg Markets Live Blog, Christina Kino is
Speaker 3: in the house. There were some stacks moving even though
Speaker 3: there was like general malaise in the trade. Where shall
Speaker 3: we begin.
Speaker 1: Yeah, well, let's talk about PayPal, because just because it's
Speaker 1: a snow day, it doesn't mean that m and a
Speaker 1: Monday has to stop. And it is very much attracting
Speaker 1: Emina interests and as a result, those share a secer
Speaker 1: pypl are up more than five percent, nearly six percent
Speaker 1: actually as of the clothes and so the details are
Speaker 1: that the company is attracting takeover interest from potential buyers.
Speaker 1: It has fielded meetings with several banks regarding this. At
Speaker 1: least one large is looking at the whole company, while
Speaker 1: some other suitors are only interested in a certain PayPal assets.
Speaker 1: So this is all according to Bloomber sources who have
Speaker 1: divulged some of those information. And you know this is
Speaker 1: all because PayPal has lost about half of its value
Speaker 1: over the last twelve months. It is currently training at
Speaker 1: forty dollars sixty nine cents a share versus seventy five
Speaker 1: dollars just over a year ago. And so it makes
Speaker 1: a lot of sense. It's attracting so much. I mean
Speaker 1: a lot of challenge is probably related to payments competition, right, yeah,
Speaker 1: because I mean a lot of a bank's right, like
Speaker 1: are diving into debt space in addition to kind of
Speaker 1: more traditional competitor like venmo Zell all that stuff.
Speaker 4: So customers so many different choices, yeah, alternative ways to
Speaker 4: pay for things.
Speaker 3: Too many choices, yeah, yeah, too many choices. All right,
Speaker 3: let's go to AMEX. There's a great story, right that
Speaker 3: we've been all talking about this research.
Speaker 1: Absolutely, yes, and that is exactly why we have the
Speaker 1: American Express shares dicker a XP down seven percent as
Speaker 1: of the clothes and yes, as you mentioned, Carol, all
Speaker 1: because of the Satrini research reports. Again interesting because they're
Speaker 1: outlining a scenario. It's not a prediction, but it's still
Speaker 1: a struck nerve in markets. And so American Express one
Speaker 1: of the companies named in that report as companies that
Speaker 1: are very vulnerable to a disruption that will could be
Speaker 1: caused by AI if the scenario comes to light, and
Speaker 1: you know, some of the hypothetical scenarios that Satrini research
Speaker 1: looked at, really seeing credit card companies like Amis as
Speaker 1: well as food delivery services among the companies that are
Speaker 1: facing trouble. And yeah, we've seen now those shares down
Speaker 1: by the most in ten months as a results for that.
Speaker 4: A lot of it having to do with what you said,
Speaker 4: AI disruption, Like so many of these companies are built
Speaker 4: on what they lay out as human intelligence, and they
Speaker 4: talk about how human intelligence will really deteriorate as AI
Speaker 4: gets more powerful. Yeah, depending on if you side with
Speaker 4: the robots of peoples and to depend on whether that's
Speaker 4: good or not.
Speaker 2: I don't know.
Speaker 3: It's like I feel like so many people have said
Speaker 3: about it's how we will work and interact and use
Speaker 3: AI in our jobs and how we do things, and
Speaker 3: so I don't know, is it just like taking an
Speaker 3: app to another level? You know what I mean? Like
Speaker 3: we now there are things that I used to pick
Speaker 3: up a phone or somebody about that I just do
Speaker 3: automatically on an app.
Speaker 1: So I don't know, but there's something about the human
Speaker 1: interaction still, right, particularly in service oriented industries like credit cards.
Speaker 1: I actually would much rather speak to a human about
Speaker 1: my credit card bill than a robot.
Speaker 3: So there you go, or chap out of some sort
Speaker 3: one thing we all like to do. I think it's
Speaker 3: safe to say the pizza Dominoes.
Speaker 1: We got to talk about pizza today and domino specifically,
Speaker 1: so tiggr dps. Those shares are four percent at the close,
Speaker 1: and that is because they did report a large unexpected
Speaker 1: rise in same store sales. Consumers definitely being drawn to
Speaker 1: the pizza chain's budget friendly pies. And yeah, we've seen
Speaker 1: an increase of three point seven percent in the fourth
Speaker 1: quarter for their same store sales and that's well above
Speaker 1: the three point three percent that was projected by analysts.
Speaker 1: And of course we're also seeing an optimistic projection from
Speaker 1: them for that same metric. They're looking at about a
Speaker 1: three percent rise for that for a full year in
Speaker 1: twenty twenty six. And yeah, a lot of that because
Speaker 1: of this best deal ever pizza promotion. So what's the
Speaker 1: verdict on Dominoes then, Carol, Yeah, it's miniwhiles as you've
Speaker 1: taken used to love.
Speaker 3: I think dominoes and so I think occasionally or we'd
Speaker 3: be on the road.
Speaker 4: It's in its own world. I'm not saying it's like
Speaker 4: the same as in New York or kinetics.
Speaker 3: Is it a call fired oven?
Speaker 2: I don't think.
Speaker 4: Is it even an oven. I think it is they
Speaker 4: have a cheap pies and stuffed crust driving the sales
Speaker 4: AREO yeah.
Speaker 2: The Stock Mover's Report from Bloomberg Radio. Check back with
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