1 00:00:02,560 --> 00:00:08,840 Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The. 2 00:00:08,880 --> 00:00:13,160 Speaker 2: Stock Movers podcast, your roundup of companies making moves in 3 00:00:13,200 --> 00:00:17,880 Speaker 2: the stock market, harnessing the power of Bloomberg data. Let's 4 00:00:17,880 --> 00:00:20,560 Speaker 2: take a look at some stocks on the move today. 5 00:00:20,960 --> 00:00:23,800 Speaker 3: We're joined by all Right, so we're starting with movie companies, right, 6 00:00:23,840 --> 00:00:26,639 Speaker 3: they've been lower. President Trump anounced he had to authorize 7 00:00:26,640 --> 00:00:29,840 Speaker 3: at one hundred percent tariffs on films produced overseas. So 8 00:00:29,920 --> 00:00:32,400 Speaker 3: he said it in a truth social post. He called 9 00:00:32,479 --> 00:00:34,919 Speaker 3: the Commerce Department he wants them to begin the process. 10 00:00:35,360 --> 00:00:38,000 Speaker 3: But what he said was interesting. He said farm productions 11 00:00:38,080 --> 00:00:41,400 Speaker 3: are a national security threat. He said other countries are 12 00:00:41,479 --> 00:00:44,919 Speaker 3: using films for messaging and propaganda. So that was kind 13 00:00:44,960 --> 00:00:46,760 Speaker 3: of in the whole post there. So what do you 14 00:00:46,800 --> 00:00:52,360 Speaker 3: think it show you shooken? Who knows? But Netflix has 15 00:00:52,360 --> 00:00:54,760 Speaker 3: been down as much as five percent, right, Disney, Powermount, 16 00:00:54,760 --> 00:00:57,480 Speaker 3: Warner Brothers, they've all been lower. The question is they're 17 00:00:57,520 --> 00:00:59,200 Speaker 3: not sure how it's going to work because there were 18 00:00:59,200 --> 00:01:02,000 Speaker 3: no real da tales that were brought out about details. 19 00:01:02,480 --> 00:01:03,560 Speaker 3: It's no detail. 20 00:01:03,920 --> 00:01:06,240 Speaker 1: Someone does Spielberg do make it talking visit to the 21 00:01:06,240 --> 00:01:07,560 Speaker 1: White House to straighten this out. 22 00:01:07,720 --> 00:01:09,960 Speaker 3: It's tough because you have a lot of movies that 23 00:01:10,000 --> 00:01:12,360 Speaker 3: are coming out like in the future, like Walt Disney 24 00:01:12,400 --> 00:01:14,679 Speaker 3: Fantastic for It, like that one's coming out shot in 25 00:01:14,680 --> 00:01:17,600 Speaker 3: the UK and Spain. Then you have, like Big said Lisa, 26 00:01:17,720 --> 00:01:19,160 Speaker 3: we got to get to the other stocks. But I 27 00:01:19,200 --> 00:01:22,880 Speaker 3: have to ask the question, what's it mean for the Rock. Oh, 28 00:01:23,280 --> 00:01:26,759 Speaker 3: he's gonna have to shoot only in the US. We'll 29 00:01:26,840 --> 00:01:28,399 Speaker 3: have to see what do you got next? I'll watch 30 00:01:28,400 --> 00:01:31,080 Speaker 3: a film no matter what. Berkshire hath the way we've 31 00:01:31,080 --> 00:01:32,959 Speaker 3: been talking about that shares have been off as much 32 00:01:32,959 --> 00:01:35,560 Speaker 3: as two percent, warm buffet, that he plans to step 33 00:01:35,600 --> 00:01:38,480 Speaker 3: down chief executives, and the year it came in like 34 00:01:38,560 --> 00:01:41,800 Speaker 3: the final minute of the sixtieth shareholder meeting. It was 35 00:01:41,840 --> 00:01:44,039 Speaker 3: a long way announcement, but it caught investors off guard. 36 00:01:44,040 --> 00:01:46,880 Speaker 3: It really caught the guy who's taking over for him, 37 00:01:47,319 --> 00:01:49,560 Speaker 3: Gret Agle, off guard too. So he's going to see 38 00:01:49,560 --> 00:01:52,520 Speaker 3: about four hundred thousand oversea, about four hundred thousand employees 39 00:01:53,200 --> 00:01:56,160 Speaker 3: shares The word lower because there's questions about what he 40 00:01:56,240 --> 00:01:58,480 Speaker 3: will do with Berkshire's cash pile. 41 00:01:58,800 --> 00:02:02,080 Speaker 1: Yeah, I'm over three hundred bill dollars. What are the 42 00:02:02,080 --> 00:02:06,440 Speaker 1: opportunities out there? That's the question Apple, they buy some 43 00:02:06,520 --> 00:02:09,200 Speaker 1: botting off. They've been selling Apple over the last year, 44 00:02:09,280 --> 00:02:11,760 Speaker 1: so they've got two They have about two percent of 45 00:02:11,800 --> 00:02:13,880 Speaker 1: Apples still, so still one of the largest shareholders. 46 00:02:14,040 --> 00:02:16,600 Speaker 3: Yeah, they this is I'm glad you bring this up. 47 00:02:16,639 --> 00:02:18,560 Speaker 1: They still own Apple, Oh, they still own Apple. 48 00:02:19,400 --> 00:02:22,240 Speaker 3: The est I feeling a different like risk tolerance, you know, 49 00:02:23,240 --> 00:02:27,120 Speaker 3: I do. Tyson Foods. Their shares have been off. Earnings 50 00:02:27,120 --> 00:02:29,480 Speaker 3: don't more than expect. Okay, so there was another quarter. 51 00:02:29,560 --> 00:02:32,200 Speaker 3: Losses of the beef business got hit again, one hundred 52 00:02:32,240 --> 00:02:35,360 Speaker 3: and forty nine million dollar loss and beef higher than 53 00:02:35,360 --> 00:02:38,040 Speaker 3: they expected, higher cattle costs. But the thing is is 54 00:02:38,040 --> 00:02:40,280 Speaker 3: that chicken kind of made up for it in a way, 55 00:02:40,520 --> 00:02:43,519 Speaker 3: so that helped out. But some are worried that the 56 00:02:43,600 --> 00:02:47,160 Speaker 3: chicken boom is kind of almost over. So that's the question. 57 00:02:47,440 --> 00:02:48,600 Speaker 3: Still food inflation. 58 00:02:48,840 --> 00:02:52,400 Speaker 1: I actually shopped this weekend and I was thunderstruck. 59 00:02:52,639 --> 00:02:56,120 Speaker 3: What eggs still cost? Still still higher, still higher, not 60 00:02:56,160 --> 00:02:58,600 Speaker 3: as high as they were before, but it's still it's 61 00:02:58,639 --> 00:03:00,600 Speaker 3: still a majoration. Well, I mean, we have stories talking 62 00:03:00,639 --> 00:03:04,720 Speaker 3: about people buy now, paynel later programs to buy grocery. 63 00:03:04,720 --> 00:03:05,600 Speaker 1: Its never a good sign. 64 00:03:05,800 --> 00:03:09,840 Speaker 3: No, it's not, it's not so they're they're been trying, 65 00:03:10,000 --> 00:03:12,600 Speaker 3: you know, but everything's higher, Like the price for corn 66 00:03:12,680 --> 00:03:14,119 Speaker 3: is higher, So I gotta feed the chill. 67 00:03:14,520 --> 00:03:16,760 Speaker 1: Were you making sure they were chicken eggs and not 68 00:03:16,919 --> 00:03:20,760 Speaker 1: like the domeggs, Well, eggs, they got these. 69 00:03:20,560 --> 00:03:24,320 Speaker 3: Eggs that are so fancy. They're like hands selected within the. 70 00:03:24,240 --> 00:03:28,200 Speaker 2: Fields where the chicken we're walking singing kumbay ah. 71 00:03:28,400 --> 00:03:30,160 Speaker 1: That'll be ten dollars for you know it? 72 00:03:30,200 --> 00:03:31,200 Speaker 2: Does you got to go. 73 00:03:31,200 --> 00:03:33,720 Speaker 3: For the mum bean alternative to eggs? 74 00:03:33,800 --> 00:03:36,800 Speaker 1: What hold on? What is it? What did she just say? 75 00:03:37,480 --> 00:03:39,240 Speaker 3: The alternative to egg Does it? 76 00:03:39,360 --> 00:03:40,240 Speaker 1: Can you crack it? 77 00:03:40,760 --> 00:03:40,960 Speaker 2: No? 78 00:03:41,080 --> 00:03:44,360 Speaker 3: You cannot? It mixes it kind of looks like it's scrambled. 79 00:03:45,840 --> 00:03:49,960 Speaker 2: The Stock Movers podcast from Bloomberg Radio. Check back with 80 00:03:50,040 --> 00:03:52,800 Speaker 2: us throughout the day for the latest roundup of companies 81 00:03:52,840 --> 00:03:55,880 Speaker 2: making news on Wall Street and for the latest market 82 00:03:55,920 --> 00:03:59,760 Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on 83 00:03:59,840 --> 00:04:03,120 Speaker 2: you too, Bloomberg dot com, and on Applecarplay and Android 84 00:04:03,120 --> 00:04:10,320 Speaker 2: Auto with the Bloomberg Business app. Mm HM