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

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Speaker 2: Stock Movers podcast, your roundup of companies making moves in

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

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Speaker 3: Let's get to some of the stocks on the move.

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Speaker 3: With us is Natalia CANi Javot. She is Bloomberg News

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Speaker 3: equity supporter. Here in studio Natalia, let's take a look

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Speaker 3: at some of the stocks on the move. And I

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Speaker 3: am curious. Most of the names are down today, but

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Speaker 3: you found a few gainers. But where do you want

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Speaker 3: to start?

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Speaker 4: Yeah, so it's really hard to find any advancers today,

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Speaker 4: but let's start with Sweet Green. There are lots of

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Speaker 4: corporate stories, of course, So for example, on Thursday, after

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Speaker 4: the close, the company said that COO will transition to

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Speaker 4: a consultant role. She's living basically the company, but she

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Speaker 4: will stay as a consultant up until June first. Separately,

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Speaker 4: of course, there are lots of macro headwinds, so for example,

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Speaker 4: Bank of America downgraded the stock. They said that demand

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Speaker 4: will be under pressure, of course, as we have lots

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Speaker 4: of terriffs and there's faking.

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Speaker 1: It is very popular, Okay, but you're not leaving in

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Speaker 1: the middle of the day to go get your lunch.

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Speaker 3: I know that about you from the food court. Yes,

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Speaker 3: not bagu peanuts usually.

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Speaker 1: But what's the concern about demand? Is it is? Is

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Speaker 1: this is this some sort of I'm not going to

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Speaker 1: say recession indicator. We're talking sweet green here after all,

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Speaker 1: But is it some sort of commentary on what the

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Speaker 1: market looks like in the locations that Sweaking operates.

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Speaker 4: Yeah, I think it's also fair to look at locations

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Speaker 4: just across the country, not just New York. But for example,

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Speaker 4: analysts noted that demand was of course heard by whether

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Speaker 4: we have wildfires in Los Angeles. This is one of

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Speaker 4: the factors. And then of course tariff's uncertainty. The company

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Speaker 4: also itself said that stricter immigration policies can potentially present

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Speaker 4: the headwind for the company. So lots of different aspects,

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Speaker 4: and of course that could workers or for like goods,

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Speaker 4: like in terms of the cost of doing business, potentially

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Speaker 4: they should like shift or adjust somehow they're like labor

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Speaker 4: participation for it.

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Speaker 1: Look, I think it's important to note here it's not

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Speaker 1: that companies I'm not speaking for Sweekeren here, I'm speaking generally.

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Speaker 1: But I think one concern Carol that people have about

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Speaker 1: this is that even if you don't hire people who

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Speaker 1: are undocumented, right, you're still going to feel the effects

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Speaker 1: of a shift in the labor force if there are

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Speaker 1: fewer undocumented folks to take roles that they typically did.

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Speaker 1: So then you're competing for employees with every role.

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Speaker 3: Just a tider worker except first overall. Yeah, kind of interesting, right,

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Speaker 3: And what is the stock down? I just was curious, es.

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Speaker 4: Actually it's down by almost fifty percent on our year

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Speaker 4: today days.

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Speaker 3: Yeah, almost fifty percent year to date.

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Speaker 2: Wow, exactly.

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Speaker 3: Yeah, and it's got almost a twenty percent the outstanding

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Speaker 3: shares are being shorted of the float, so really really

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Speaker 3: negative tone.

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Speaker 1: Okay, sweet green. Amazon's also on your radar today. What's

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Speaker 1: going on with Amaze?

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Speaker 4: Right, so we got another downgrade from Raymond Jans. James

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Speaker 4: and analysts are saying that earnings will come under pressure

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Speaker 4: from increasing investments and of course UH tariffs and another headwind.

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Speaker 4: So they are saying that potentially, yes, China is also

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Speaker 4: right a big factor because lots of supplies are coming

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Speaker 4: from China, so it also one of the big biggest unknowns.

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Speaker 4: So there are two main components. There is a retail

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Speaker 4: and there's also AI spending on AI infrastructure, and just

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Speaker 4: we've got a note just recently from Wells Fargo and

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Speaker 4: they say that industry sources pointed to a pause in

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Speaker 4: deals in for Amazon Web services. So this is another headwind. Again.

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Speaker 4: We will see how this plays out and of course

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Speaker 4: earnings focus.

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Speaker 3: Okay, let's go to some happy news.

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Speaker 1: Depends on who you are.

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Speaker 3: Let's go to something that's up today.

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Speaker 4: Yes, so we do see that.

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Speaker 2: Uh, it's one of my gators.

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Speaker 1: I don't want to be bad news, but complease dot

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Speaker 1: we're higher and then with lower care also beyond Guardy,

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Speaker 1: this one's holding on.

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Speaker 4: To it go ahead exactly. So Discover Financial Services is

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Speaker 4: up by three percent. This was maybe still is one

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Speaker 4: of the best performers in the S and P five

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Speaker 4: hundred index.

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Speaker 3: So overall the number one, number one gator.

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Speaker 4: Great, yeah, even better. So it wasn't a huge surprise

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Speaker 4: right that Capital One is acquiring the company. People expected

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Speaker 4: a little bit lighter regulation. Now the biggest question what

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Speaker 4: comes next? And people are saying that Capital One is

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Speaker 4: basically a lender. It issues credit cards MasterCard branded and

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Speaker 4: potentially it will transition those issuans to Discover financially, it

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Speaker 4: can create more competition in the space than earnings. Of course,

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Speaker 4: they haven't reported yet, but we will be looking for

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Speaker 4: any commentary on that. And then from the flows perspective,

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Speaker 4: it was really interesting for me to see that HITGE

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Speaker 4: funds returned as big big buyers off banks regional banks

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Speaker 4: as well.

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Speaker 1: And by the way, Capital One was the one that

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Speaker 1: was down about eight tens to one percent at one

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Speaker 1: point today, but as high as five point.

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Speaker 3: Three yeah, which is no, no, no, no, I know,

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Speaker 3: but discovered definitely. But I think there's an anticipation maybe

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Speaker 3: more consolidation even you know, whatever's left there. Natalia, thank

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Speaker 3: you so much. Natalia Kenny Javich. She's Bloomberg News Equities

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Speaker 3: reporter right here in studio.

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Speaker 2: The Stock Movers podcast from Bloomberg Radio. Check back with

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Speaker 2: us throughout the day for the latest roundup of companies

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