1 00:00:02,520 --> 00:00:07,000 Speaker 1: Bloomberg Audio Studios, Podcasts, Radio News. 2 00:00:08,560 --> 00:00:12,440 Speaker 2: The Stock Movers Report, your roundup of companies making moves 3 00:00:12,480 --> 00:00:15,880 Speaker 2: in the stock market, harnessing the power of Bloomberg Data. 4 00:00:16,520 --> 00:00:18,800 Speaker 3: I am Carol Masser along with Tim Stanevik. Let's get 5 00:00:18,800 --> 00:00:20,760 Speaker 3: a look at some stocks on the move today. We're 6 00:00:20,840 --> 00:00:23,279 Speaker 3: joined by Bloomberg News Secreties reporter and Deputy team leader 7 00:00:23,280 --> 00:00:26,119 Speaker 3: for US Equities. She is Carmen Reinicky, and she is 8 00:00:26,160 --> 00:00:28,760 Speaker 3: there in our Bloomberg Interactive Broker studio. Let's talk about 9 00:00:28,800 --> 00:00:32,040 Speaker 3: some stocks on the move. Carmen, let's talk about Take two. Yes, 10 00:00:32,080 --> 00:00:34,160 Speaker 3: certainly active in the aftermarket. 11 00:00:33,720 --> 00:00:37,519 Speaker 4: Very active in the aftermarket. So take to Interactive Software, 12 00:00:37,560 --> 00:00:41,519 Speaker 4: which is ticker T two. It's not about seven percent 13 00:00:41,640 --> 00:00:44,280 Speaker 4: right now, after it had an earnings report which also 14 00:00:44,360 --> 00:00:49,519 Speaker 4: included saying that it's postponing Grand Theft Auto six again 15 00:00:49,720 --> 00:00:53,120 Speaker 4: to November twenty twenty six. So this game is something 16 00:00:53,120 --> 00:00:57,320 Speaker 4: that's been highly anticipated by players and Wall Street investors. 17 00:00:58,040 --> 00:01:02,440 Speaker 4: They've already pushed back the release of it previously, which 18 00:01:02,760 --> 00:01:05,360 Speaker 4: also had sort of negative implications for the stock. So 19 00:01:06,880 --> 00:01:10,240 Speaker 4: not surprising to see this sell off here and really 20 00:01:10,600 --> 00:01:14,959 Speaker 4: sort of overshadowed their earnings. They reported bookings that beat 21 00:01:15,160 --> 00:01:19,520 Speaker 4: estimates and also adjusted earnings that beat estimates. 22 00:01:20,000 --> 00:01:22,600 Speaker 3: All right, so let's then so take two. We're seeing 23 00:01:23,120 --> 00:01:24,800 Speaker 3: a big move. Oh and we also have some news 24 00:01:24,800 --> 00:01:27,280 Speaker 3: on Tesla, which I know Carmen is watching, but Tim, 25 00:01:27,280 --> 00:01:28,119 Speaker 3: you want to break the headline. 26 00:01:28,160 --> 00:01:31,800 Speaker 1: Yeah, Tesla shareholders have approved Elon Muck's Musk's one at 27 00:01:31,800 --> 00:01:35,839 Speaker 1: trillion dollar pay package. This crossing just about five minutes 28 00:01:35,880 --> 00:01:39,720 Speaker 1: to five o'clock Wall Street time. Carmen, any reaction, yeah, 29 00:01:40,040 --> 00:01:42,640 Speaker 1: right now for Tesla sewers. 30 00:01:42,000 --> 00:01:44,640 Speaker 4: Pretty big spike in chairs right now. Obviously, we'll keep 31 00:01:44,680 --> 00:01:48,440 Speaker 4: watching it. I'm seeing it up about two percent, you know. 32 00:01:48,480 --> 00:01:51,240 Speaker 4: Obviously this is a huge deal for Tesla and something 33 00:01:51,240 --> 00:01:54,600 Speaker 4: I was looking at before. Just an intextuation of. 34 00:01:54,600 --> 00:01:56,280 Speaker 3: A huge deal too for Elon Musk. 35 00:01:56,440 --> 00:02:01,760 Speaker 4: Right, Yeah, definitely, it's a pretty big number. Options traders 36 00:02:01,760 --> 00:02:05,080 Speaker 4: were pricing in a four to five percent move in 37 00:02:05,080 --> 00:02:07,720 Speaker 4: either direction. So this is when I'm going to keep 38 00:02:07,720 --> 00:02:10,000 Speaker 4: an eye on in after hours here to see it 39 00:02:10,080 --> 00:02:11,320 Speaker 4: keeps moving, all. 40 00:02:11,320 --> 00:02:13,239 Speaker 1: Right, looking at chairs of Tesla, as you mentioned, moving 41 00:02:13,280 --> 00:02:15,160 Speaker 1: higher in the after arts, which is surprising to me, Carol, 42 00:02:15,160 --> 00:02:16,680 Speaker 1: because this was kind of priced in I was checking 43 00:02:16,680 --> 00:02:18,400 Speaker 1: the Yeah, I thought I thought it was priced in. 44 00:02:18,440 --> 00:02:20,359 Speaker 1: I was checking the prediction markets ahead of time, and 45 00:02:20,600 --> 00:02:22,280 Speaker 1: call she had it at over ninety percent that this 46 00:02:22,400 --> 00:02:23,280 Speaker 1: was for Tesla. 47 00:02:23,639 --> 00:02:25,399 Speaker 3: I think, you know, we've had a lot of conversations, 48 00:02:25,440 --> 00:02:27,000 Speaker 3: I feel like over the last couple of weeks and 49 00:02:27,040 --> 00:02:29,040 Speaker 3: the lead up to this, and I think the thing 50 00:02:29,440 --> 00:02:32,680 Speaker 3: was that Tesla isn't Tesla without Elon Musk in a 51 00:02:32,720 --> 00:02:34,680 Speaker 3: big way. And I think the expectation was that this 52 00:02:34,800 --> 00:02:36,840 Speaker 3: was going to happen. There a lot of supporters of 53 00:02:36,919 --> 00:02:41,040 Speaker 3: Elon Musk say yes, but yeah, but even I feel 54 00:02:41,040 --> 00:02:42,440 Speaker 3: like members of our team. But the other thing is 55 00:02:42,440 --> 00:02:45,120 Speaker 3: this parameters, like he's got to hit certain metrics in 56 00:02:45,200 --> 00:02:47,760 Speaker 3: order for that pay package to play out over is 57 00:02:47,760 --> 00:02:50,920 Speaker 3: it a decade or so. I forget what the timeline 58 00:02:51,240 --> 00:02:54,040 Speaker 3: Carmen is on that, but there are some metrics he's 59 00:02:54,080 --> 00:02:56,320 Speaker 3: got a hit in order to get all of that money. 60 00:02:56,639 --> 00:02:58,679 Speaker 4: Yeah, no, you're right. And I think it also sort 61 00:02:58,680 --> 00:03:00,640 Speaker 4: of goes to show, you know, the positive stock reaction 62 00:03:00,720 --> 00:03:03,520 Speaker 4: goes to show that investors really like when Elon is 63 00:03:03,560 --> 00:03:06,000 Speaker 4: focused on Tesla when he's not doing other things, and 64 00:03:06,040 --> 00:03:08,120 Speaker 4: it has their full attention. And so this is I 65 00:03:08,120 --> 00:03:12,120 Speaker 4: think hopefully a nod that it will get that from 66 00:03:12,240 --> 00:03:17,040 Speaker 4: him going forward. One more that I was looking at 67 00:03:17,680 --> 00:03:23,040 Speaker 4: after hours this evening ahead go ahead Xpedia, So that's 68 00:03:23,080 --> 00:03:26,079 Speaker 4: ticker EXPE and I want to point this one out. 69 00:03:26,160 --> 00:03:28,840 Speaker 4: So shares her up about fourteen percent and after hours, 70 00:03:28,960 --> 00:03:33,440 Speaker 4: really big move, and it's coming after the company raised 71 00:03:33,440 --> 00:03:36,720 Speaker 4: its full year outlook for gross bookings and revenue and 72 00:03:37,040 --> 00:03:40,880 Speaker 4: specifically signaling that strong travel trends are continuing into the 73 00:03:40,880 --> 00:03:44,040 Speaker 4: holiday quarter. You know, obviously, travel, I think has been 74 00:03:44,040 --> 00:03:47,440 Speaker 4: a really huge thing that everybody's watching this year and 75 00:03:48,000 --> 00:03:50,920 Speaker 4: right now, you know, we're having issues with with airlines, 76 00:03:51,000 --> 00:03:54,360 Speaker 4: but people are still spending money and they're they're trying 77 00:03:54,400 --> 00:03:59,040 Speaker 4: to travel, so that's flowing through for XPA. 78 00:04:00,400 --> 00:04:04,640 Speaker 2: The stockmover's report from Bloomberg Radio. 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