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 00:00:16,400 --> 00:00:17,560 Speaker 1: Just take a look some of the stocks on the 5 00:00:17,640 --> 00:00:19,960 Speaker 1: move today on Paul Swingey alongside Scarlet Floe were joined 6 00:00:20,000 --> 00:00:22,439 Speaker 1: by bloom Christina Ko Christine, what are you looking at today? 7 00:00:22,520 --> 00:00:25,040 Speaker 1: We got to take a look at Netflix, Paul, because 8 00:00:25,079 --> 00:00:27,880 Speaker 1: of course it is still continue to be mired in 9 00:00:28,120 --> 00:00:32,200 Speaker 1: all these newsful about the Warner Brothers deal. So Netflix 10 00:00:32,200 --> 00:00:35,639 Speaker 1: shares down today, tick her NFLXO shares are down more 11 00:00:35,640 --> 00:00:38,559 Speaker 1: than three percent at the moment. So a few things here, right. 12 00:00:38,600 --> 00:00:40,080 Speaker 1: We know that this is going to be a long 13 00:00:40,159 --> 00:00:43,120 Speaker 1: road in terms of regulation, isn't even going to be approved, 14 00:00:43,120 --> 00:00:45,920 Speaker 1: but a Justice Department, et cetera, and now President Donald 15 00:00:45,920 --> 00:00:49,120 Speaker 1: Trump weighing in on this deal as well, raising potential 16 00:00:49,159 --> 00:00:52,440 Speaker 1: antitrust concerns and a president saying that the resulting market 17 00:00:52,440 --> 00:00:55,280 Speaker 1: share of the two companies quote could be a problem. 18 00:00:55,480 --> 00:00:58,000 Speaker 1: And of course we heard from Paramount as well, saying 19 00:00:58,000 --> 00:01:00,360 Speaker 1: that they're offering to buy Warner Brothers car free for 20 00:01:00,480 --> 00:01:02,640 Speaker 1: thirty dollars to share in cash, which is more than 21 00:01:02,880 --> 00:01:05,840 Speaker 1: what Netflix was offering, So you know, looking at the 22 00:01:05,840 --> 00:01:08,240 Speaker 1: poly market bets because of course there are odds on 23 00:01:08,280 --> 00:01:11,400 Speaker 1: poly market for this, the question of whether Netflix can 24 00:01:11,440 --> 00:01:13,399 Speaker 1: close the acquisition by the end of twenty twenty six. 25 00:01:13,760 --> 00:01:17,280 Speaker 1: Those ads are now down to twenty three percent from 26 00:01:17,440 --> 00:01:20,959 Speaker 1: around sixty percent before President Trump's comments, So a lot 27 00:01:21,040 --> 00:01:24,680 Speaker 1: of road here to go. Netflix definitely facing a lot 28 00:01:24,720 --> 00:01:26,560 Speaker 1: of challenges here, so we'll see how that goes, all right, 29 00:01:26,600 --> 00:01:29,000 Speaker 1: So we'll keep an eye on that one obviously developing story. 30 00:01:29,040 --> 00:01:32,000 Speaker 1: You're also looking at Tesla, Yeah, looking at Tesla today. 31 00:01:32,120 --> 00:01:35,880 Speaker 1: Those shares also being challenged a ticker. Tsla shares down 32 00:01:35,880 --> 00:01:38,319 Speaker 1: more than two percent at the moment. So the latest 33 00:01:38,360 --> 00:01:41,400 Speaker 1: news is that they did get downgraded at Morgan Stanley. 34 00:01:41,480 --> 00:01:44,840 Speaker 1: So Margus Stanley analysts downgrading that share from equal weight 35 00:01:44,880 --> 00:01:49,480 Speaker 1: to or rather equal weight from overweight, citing valuation concerns 36 00:01:49,680 --> 00:01:53,320 Speaker 1: and only's saying that there are non car factors being 37 00:01:53,520 --> 00:01:57,600 Speaker 1: priced into the share price at the moment. Under used 38 00:01:57,640 --> 00:02:00,640 Speaker 1: for Tesla to slightly more positive is the fact that 39 00:02:00,920 --> 00:02:03,560 Speaker 1: the company made its first appearance in the top ten 40 00:02:03,640 --> 00:02:07,919 Speaker 1: for reliability in Consumer Reports ranking. So this is a magazine. 41 00:02:08,000 --> 00:02:10,359 Speaker 1: There's a lot of product testing and then they come 42 00:02:10,400 --> 00:02:14,880 Speaker 1: out with their annual ranking for brands. Last year, Tesla 43 00:02:15,240 --> 00:02:19,120 Speaker 1: was at seventeenth place, so improving their standing, the magazine 44 00:02:19,160 --> 00:02:23,120 Speaker 1: saying that there's an improvement in its overall build quality 45 00:02:23,360 --> 00:02:26,880 Speaker 1: and what the magazine calls a quote standout electric car 46 00:02:26,960 --> 00:02:31,160 Speaker 1: driving system. All right, IBM cycle, look at IBM. That 47 00:02:31,280 --> 00:02:35,080 Speaker 1: share doing well this morning, So ticker IVM shares up 48 00:02:35,200 --> 00:02:38,120 Speaker 1: one point four percent, of course because of the news 49 00:02:38,320 --> 00:02:41,919 Speaker 1: that they are going to acquire Confluent for about nine 50 00:02:41,960 --> 00:02:45,240 Speaker 1: point three billion dollars. So Confluent, you know what they 51 00:02:45,280 --> 00:02:48,440 Speaker 1: do essentially in the AI ecosystem is they provide a platform, 52 00:02:48,520 --> 00:02:54,040 Speaker 1: right for all of these relevant data providers to basically 53 00:02:54,080 --> 00:02:56,760 Speaker 1: all gather and then companies can access the data in 54 00:02:56,800 --> 00:03:00,000 Speaker 1: real time. So that's that's essentially what they do. So Micheline, 55 00:03:00,120 --> 00:03:04,680 Speaker 1: for instance, uses Confluent to optimize their inventories of materials. 56 00:03:04,800 --> 00:03:07,800 Speaker 1: Instacart uses Confluent so that they can figure out what 57 00:03:07,840 --> 00:03:11,919 Speaker 1: their inventory looks like on their website. So pretty useful 58 00:03:11,919 --> 00:03:15,520 Speaker 1: stuff for IBM to be acquiring their biggest acquisition since 59 00:03:15,600 --> 00:03:19,480 Speaker 1: RedHat in twenty nineteen, and Bloomberg Intelligence saying that you 60 00:03:19,520 --> 00:03:21,840 Speaker 1: know that's going to compliment their existing suite of products 61 00:03:21,880 --> 00:03:26,960 Speaker 1: quite well. The multiple nine x for twelvemonth value to sales. 62 00:03:27,040 --> 00:03:29,680 Speaker 1: This is a reasonable premium for confliment. 63 00:03:29,639 --> 00:03:35,560 Speaker 2: To the stock mover's report from Bloomberg Radio. 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