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

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

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Speaker 2: in the stock market. Harnessing the power of Bloomberg data.

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Speaker 3: Let's take a look at some stocks on the move today.

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Speaker 3: I'm Nathan Hager, joined by Bloomberg's Valerie Titel as we

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Speaker 3: kick off another very busy earnings week. Valerie, we're just

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Speaker 3: getting results crossing the Bloomberg terminal on Verizon Communications and

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Speaker 3: a red headline. A bit of a modest lift to

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Speaker 3: the full year guidance.

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Speaker 1: Good morning, Hey, good morning, Nathan. Yes, a modest lift

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Speaker 1: to the share prices as well. In pre market, Verizon

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Speaker 1: trading one percent higher just after these results. They have

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Speaker 1: narrowed their range for full year adjusted EPs from one

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Speaker 1: percent to three percent. Previously they had seen zero percent

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Speaker 1: to three percent. They also increase their free cash flow.

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Speaker 1: This is something to watch with the other major wireless

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Speaker 1: carers are expected to increase free cash flow as a

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Speaker 1: result of President Trump's tax bill, fueling perhaps a period

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Speaker 1: of increased investments. We're seeing that with the Verizon results today.

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Speaker 1: I'm also keen to watch for subscriber numbers, but they

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Speaker 1: have not hit yet. Analysts do expect them to be

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Speaker 1: boosted by promotional campaign that Verizon has launched in the

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Speaker 1: spring will bring those to you when they cross the wire.

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Speaker 1: But Verizon is rising even further on the back of

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Speaker 1: this report, up nearly two percent so far in pre

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Speaker 1: market trade.

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Speaker 3: Yeah, it's also pretty busy week when it comes to

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Speaker 3: overseas earnings as well, though I guess we could call

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Speaker 3: Stialantis a domestic company as well one of the big

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Speaker 3: three automakers. Disappointment when it comes to Stilantes.

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Speaker 1: Yeah, they've released their preliminary first half results this morning

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Speaker 1: and it was a disappointment. They have now posted a

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Speaker 1: first half loss of two point seven billion dollars. Nathan

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Speaker 1: the analyst had expected to see a small profit of

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Speaker 1: around twenty five million, so this was a surprise. Shares

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Speaker 1: have fallen around one and a half percent so far

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Speaker 1: for the maker of Jeeps and fiatce This all comes

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Speaker 1: as the new CEO of Stalantis, who's been in his

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Speaker 1: seat for just a month Talli's the cost of the

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Speaker 1: trade war and scraps investments in electric and hydrogen vehicles,

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Speaker 1: so there was some impairment costs, some write downs that

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Speaker 1: had to do with that charge. They also tallied a

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Speaker 1: roughly three hundred million euro hit from US tariffs, and

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Speaker 1: they saw a steep drop in shipments to North America, Nathan,

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Speaker 1: They fell by twenty five percent in the second quarter.

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Speaker 1: Shipments globally also fell by six percent. The company still

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Speaker 1: has not issued new financial guidance for this year, but

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Speaker 1: we might get that next Tuesday when they released their

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Speaker 1: full results. So Stilantis is suffering on the back of

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Speaker 1: this update, down one point four percent.

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Speaker 3: And we did hear from another I guess, pretty big

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Speaker 3: company when it comes to Domino's Pizza. Hard to resist

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Speaker 3: saying that the earnings delivered th Inva.

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Speaker 1: Yes they did. The stock is up over five percent,

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Speaker 1: so I would say Dominoes did deliver on their earnings.

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Speaker 1: Their second quarter revenue met estimates, and there was a

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Speaker 1: decent growth in their sales number. Their same store sales

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Speaker 1: improved three point four percent domestically and two point four

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Speaker 1: percent international markets, so some well, I guess decently decently

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Speaker 1: spread growth between the US and their international markets. It

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Speaker 1: does mark a comeback for Dominoes. The first half of

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Speaker 1: the year saw a half a percent year over year

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Speaker 1: decline in sales, so I guess oh gosh, Dominos is

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Speaker 1: delivering even more now I'm looking there rough now six

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Speaker 1: point two percent on the back of these earnings.

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Speaker 3: Okay, but even more delivery. I guess we could say

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Speaker 3: Block is one of the biggest upside movers this morning.

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Speaker 1: Yeah, they're surging nearly ten percent of nine and a

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Speaker 1: half percent. This comes on the back of Block being

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Speaker 1: included in the S and P five hundred after Hess

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Speaker 1: has now been delisted. If you remember, on Friday, Hess

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Speaker 1: was finally acquired by Chevron after two years of legal drama,

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Speaker 1: and with Hess delivered, it opens up for Block to

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Speaker 1: take its place. This is the owner of cash app

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Speaker 1: and Square looks like is seemingly benefiting quite a decent

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Speaker 1: amount this morning from that passive bid that will be

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Speaker 1: into the stock once it's included in the S and

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Speaker 1: P five hundred. As of Wednesday, so Block is rising

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Speaker 1: nine and a half percent this morning.

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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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Speaker 2: making news on Wall Street and for the latest market

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