WEBVTT - PayPal Soars, American Express Sinks, Domino's Climbs

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<v Speaker 1>Bloomberg Audio Studios, Podcasts, radio News.

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<v Speaker 2>The Stock Movers report, your roundup of companies making moves

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<v Speaker 2>in the stock market, harnessing the power of Bloomberg Data.

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<v Speaker 3>I'm Carol Messer along with Emily Graffeo. Let's get to

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<v Speaker 3>some stacks on the move on this Monday. Bloomberg News

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<v Speaker 3>Managing editor from Bloomberg Markets Live Blog, Christina Kino is

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<v Speaker 3>in the house. There were some stacks moving even though

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<v Speaker 3>there was like general malaise in the trade. Where shall

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<v Speaker 3>we begin.

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<v Speaker 1>Yeah, well, let's talk about PayPal, because just because it's

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<v Speaker 1>a snow day, it doesn't mean that m and a

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<v Speaker 1>Monday has to stop. And it is very much attracting

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<v Speaker 1>Emina interests and as a result, those share a secer

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<v Speaker 1>pypl are up more than five percent, nearly six percent

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<v Speaker 1>actually as of the clothes and so the details are

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<v Speaker 1>that the company is attracting takeover interest from potential buyers.

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<v Speaker 1>It has fielded meetings with several banks regarding this. At

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<v Speaker 1>least one large is looking at the whole company, while

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<v Speaker 1>some other suitors are only interested in a certain PayPal assets.

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<v Speaker 1>So this is all according to Bloomber sources who have

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<v Speaker 1>divulged some of those information. And you know this is

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<v Speaker 1>all because PayPal has lost about half of its value

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<v Speaker 1>over the last twelve months. It is currently training at

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<v Speaker 1>forty dollars sixty nine cents a share versus seventy five

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<v Speaker 1>dollars just over a year ago. And so it makes

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<v Speaker 1>a lot of sense. It's attracting so much. I mean

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<v Speaker 1>a lot of challenge is probably related to payments competition, right, yeah,

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<v Speaker 1>because I mean a lot of a bank's right, like

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<v Speaker 1>are diving into debt space in addition to kind of

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<v Speaker 1>more traditional competitor like venmo Zell all that stuff.

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<v Speaker 4>So customers so many different choices, yeah, alternative ways to

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<v Speaker 4>pay for things.

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<v Speaker 3>Too many choices, yeah, yeah, too many choices. All right,

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<v Speaker 3>let's go to AMEX. There's a great story, right that

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<v Speaker 3>we've been all talking about this research.

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<v Speaker 1>Absolutely, yes, and that is exactly why we have the

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<v Speaker 1>American Express shares dicker a XP down seven percent as

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<v Speaker 1>of the clothes and yes, as you mentioned, Carol, all

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<v Speaker 1>because of the Satrini research reports. Again interesting because they're

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<v Speaker 1>outlining a scenario. It's not a prediction, but it's still

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<v Speaker 1>a struck nerve in markets. And so American Express one

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<v Speaker 1>of the companies named in that report as companies that

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<v Speaker 1>are very vulnerable to a disruption that will could be

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<v Speaker 1>caused by AI if the scenario comes to light, and

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<v Speaker 1>you know, some of the hypothetical scenarios that Satrini research

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<v Speaker 1>looked at, really seeing credit card companies like Amis as

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<v Speaker 1>well as food delivery services among the companies that are

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<v Speaker 1>facing trouble. And yeah, we've seen now those shares down

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<v Speaker 1>by the most in ten months as a results for that.

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<v Speaker 4>A lot of it having to do with what you said,

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<v Speaker 4>AI disruption, Like so many of these companies are built

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<v Speaker 4>on what they lay out as human intelligence, and they

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<v Speaker 4>talk about how human intelligence will really deteriorate as AI

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<v Speaker 4>gets more powerful. Yeah, depending on if you side with

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<v Speaker 4>the robots of peoples and to depend on whether that's

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<v Speaker 4>good or not.

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<v Speaker 2>I don't know.

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<v Speaker 3>It's like I feel like so many people have said

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<v Speaker 3>about it's how we will work and interact and use

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<v Speaker 3>AI in our jobs and how we do things, and

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<v Speaker 3>so I don't know, is it just like taking an

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<v Speaker 3>app to another level? You know what I mean? Like

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<v Speaker 3>we now there are things that I used to pick

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<v Speaker 3>up a phone or somebody about that I just do

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<v Speaker 3>automatically on an app.

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<v Speaker 1>So I don't know, but there's something about the human

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<v Speaker 1>interaction still, right, particularly in service oriented industries like credit cards.

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<v Speaker 1>I actually would much rather speak to a human about

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<v Speaker 1>my credit card bill than a robot.

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<v Speaker 3>So there you go, or chap out of some sort

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<v Speaker 3>one thing we all like to do. I think it's

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<v Speaker 3>safe to say the pizza Dominoes.

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<v Speaker 1>We got to talk about pizza today and domino specifically,

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<v Speaker 1>so tiggr dps. Those shares are four percent at the close,

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<v Speaker 1>and that is because they did report a large unexpected

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<v Speaker 1>rise in same store sales. Consumers definitely being drawn to

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<v Speaker 1>the pizza chain's budget friendly pies. And yeah, we've seen

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<v Speaker 1>an increase of three point seven percent in the fourth

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<v Speaker 1>quarter for their same store sales and that's well above

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<v Speaker 1>the three point three percent that was projected by analysts.

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<v Speaker 1>And of course we're also seeing an optimistic projection from

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<v Speaker 1>them for that same metric. They're looking at about a

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<v Speaker 1>three percent rise for that for a full year in

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<v Speaker 1>twenty twenty six. And yeah, a lot of that because

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<v Speaker 1>of this best deal ever pizza promotion. So what's the

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<v Speaker 1>verdict on Dominoes then, Carol, Yeah, it's miniwhiles as you've

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<v Speaker 1>taken used to love.

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<v Speaker 3>I think dominoes and so I think occasionally or we'd

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<v Speaker 3>be on the road.

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<v Speaker 4>It's in its own world. I'm not saying it's like

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<v Speaker 4>the same as in New York or kinetics.

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<v Speaker 3>Is it a call fired oven?

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<v Speaker 2>I don't think.

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<v Speaker 4>Is it even an oven. I think it is they

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<v Speaker 4>have a cheap pies and stuffed crust driving the sales

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<v Speaker 4>AREO yeah.

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<v Speaker 2>The Stock Mover's Report from Bloomberg Radio. Check back with

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