1 00:00:02,520 --> 00:00:08,720 Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The. 2 00:00:08,720 --> 00:00:12,560 Speaker 2: Stock Movers Report, your roundup of companies making moves in 3 00:00:12,600 --> 00:00:16,759 Speaker 2: the stock market, harnessing the power of Bloomberg data. 4 00:00:16,920 --> 00:00:19,640 Speaker 3: Let's see where some action is with some individual stock 5 00:00:19,680 --> 00:00:22,040 Speaker 3: movers and go to Christina Quino. Christine, what do you 6 00:00:22,079 --> 00:00:22,560 Speaker 3: got for us? 7 00:00:22,600 --> 00:00:24,959 Speaker 1: Well, we got to talk about Pound here, all big 8 00:00:25,120 --> 00:00:28,880 Speaker 1: news today, So Pound here taker p LTR. Those shares 9 00:00:29,080 --> 00:00:31,520 Speaker 1: are down just under seven percent six point nine percent 10 00:00:31,640 --> 00:00:34,440 Speaker 1: at the moment. As we know, they did release their 11 00:00:34,440 --> 00:00:38,120 Speaker 1: fullier forecasts and their third quarter results both are good, 12 00:00:38,240 --> 00:00:42,360 Speaker 1: both beat expectations. But again we know that analysts are 13 00:00:42,520 --> 00:00:45,280 Speaker 1: questioning their evaluation. Are we seeing makes a good point 14 00:00:45,320 --> 00:00:47,479 Speaker 1: actually in their analysis of the results. So they do 15 00:00:47,720 --> 00:00:51,560 Speaker 1: remain overwhelmingly US centric and then the rest of their 16 00:00:51,560 --> 00:00:54,800 Speaker 1: international portfolio and their performance looks a little stagnant, so 17 00:00:54,840 --> 00:00:57,000 Speaker 1: I think it's contributing to some of those concerns. And 18 00:00:57,000 --> 00:00:59,800 Speaker 1: then of course they're also the news because Michael Berry, 19 00:00:59,840 --> 00:01:03,760 Speaker 1: so Asset Management, disclosed barash wagers on Puntaire as well 20 00:01:03,800 --> 00:01:07,840 Speaker 1: as Nvidia. This according to their thirteen F filings. And 21 00:01:07,880 --> 00:01:10,120 Speaker 1: you know, we know that Berry has been quite critical 22 00:01:10,480 --> 00:01:14,480 Speaker 1: of these particular stocks, a lot of warnings over potential bubble. 23 00:01:14,800 --> 00:01:17,560 Speaker 1: But the thing to think about here is that it's 24 00:01:17,600 --> 00:01:20,880 Speaker 1: not clear right whether these positions are outright positions. Are 25 00:01:20,880 --> 00:01:23,720 Speaker 1: they part of spread trades? Is there another side that 26 00:01:24,120 --> 00:01:27,000 Speaker 1: the company was not required to disclose in the thirteen 27 00:01:27,160 --> 00:01:28,800 Speaker 1: f So just a little bit of a hint of 28 00:01:28,840 --> 00:01:31,720 Speaker 1: caution there over interpreting or over interpreting this. 29 00:01:31,920 --> 00:01:34,480 Speaker 4: Or the quick glance at you know, oh, put options. 30 00:01:34,480 --> 00:01:36,920 Speaker 4: So that means negative, that means self. So that's another 31 00:01:36,920 --> 00:01:38,959 Speaker 4: way of thinking about it. Let's talk about Uber. 32 00:01:39,240 --> 00:01:41,760 Speaker 1: Yeah, let's talk about Uber. We also got results for 33 00:01:41,920 --> 00:01:45,440 Speaker 1: that company today, So ticker ub Er shares not doing 34 00:01:45,480 --> 00:01:48,760 Speaker 1: too well either there down seven percent. It was a 35 00:01:48,760 --> 00:01:52,000 Speaker 1: missed in third quarter operating income one point one billion 36 00:01:52,080 --> 00:01:55,320 Speaker 1: versus one point sixty two estimates, and they're adjusted earnings 37 00:01:55,360 --> 00:01:59,200 Speaker 1: forecast also falling short of forecasts. The silver lining though, 38 00:01:59,320 --> 00:02:02,280 Speaker 1: is that their quarterly growth was the strongest since late 39 00:02:02,280 --> 00:02:06,160 Speaker 1: twenty twenty three, and customers ordered more rides and deliveries 40 00:02:06,160 --> 00:02:09,200 Speaker 1: than expected, so JP Morgan pointing out that the delivery 41 00:02:09,240 --> 00:02:12,760 Speaker 1: category is potentially uh silver lining for them as well. 42 00:02:12,800 --> 00:02:15,760 Speaker 1: They can grow that profitably because they continue to see 43 00:02:15,800 --> 00:02:16,880 Speaker 1: better membership. 44 00:02:16,520 --> 00:02:22,519 Speaker 3: Adoption, all right, young brands looking to hunt Pizza Hut exactly. 45 00:02:22,880 --> 00:02:24,840 Speaker 3: The Pizza Hut was like a big time when I 46 00:02:24,840 --> 00:02:27,120 Speaker 3: was in college in Virginia. That was a big touch 47 00:02:27,160 --> 00:02:27,720 Speaker 3: sign out. 48 00:02:27,800 --> 00:02:29,359 Speaker 1: I'm sure, I'm sure that was a saver for you, 49 00:02:29,400 --> 00:02:33,480 Speaker 1: pe'all no two am Sun sessions. Sure yeah, but yees. 50 00:02:33,600 --> 00:02:37,280 Speaker 1: So Young Brands owner Pizza Hut, so ticker, why you 51 00:02:37,680 --> 00:02:41,079 Speaker 1: shares are actually rising on those news, They're up merely 52 00:02:41,120 --> 00:02:43,680 Speaker 1: four percent. And again, you know, we also got their 53 00:02:43,720 --> 00:02:48,360 Speaker 1: results third quarter EPs beating estimates, revenue also slightly above forecast. 54 00:02:48,400 --> 00:02:50,400 Speaker 1: But as you say, Paul, it's all about Pizza Hut 55 00:02:50,560 --> 00:02:53,800 Speaker 1: and their strategic review because it seems that the company 56 00:02:53,840 --> 00:02:56,800 Speaker 1: is running out of patients. Their sales have been stuck 57 00:02:57,000 --> 00:03:00,400 Speaker 1: at about a billion dollars four years, and so Baard 58 00:03:00,440 --> 00:03:03,440 Speaker 1: analyst David Tarantino pointing out that if Young ends up 59 00:03:03,440 --> 00:03:06,680 Speaker 1: selling Pizza Hut after the strategic review, they could actually 60 00:03:06,720 --> 00:03:09,480 Speaker 1: add one percentage point of growth to system sales. But 61 00:03:09,520 --> 00:03:11,400 Speaker 1: that would be selling quite an iconic brand. 62 00:03:11,200 --> 00:03:13,320 Speaker 3: Wouldn't it. I Mean, you know, when you're in Richmond, Virginia, 63 00:03:13,360 --> 00:03:15,480 Speaker 3: there is no pizza, so Pizza Hut was kind. 64 00:03:15,320 --> 00:03:18,680 Speaker 4: Of it yeah, and I'm just kind of stunned at 65 00:03:18,720 --> 00:03:21,000 Speaker 4: how remember once upon a time Pizza Hut and Dominoes 66 00:03:21,080 --> 00:03:23,720 Speaker 4: like vibe the dominance in you know, the I don't 67 00:03:23,720 --> 00:03:26,480 Speaker 4: want to call it generic, but national pizza market and 68 00:03:26,919 --> 00:03:29,480 Speaker 4: Dominoes has come out way ahead. It's pretty remarkable. 69 00:03:30,600 --> 00:03:34,640 Speaker 2: The stock Mover's report from Bloomberg Radio. Check back with 70 00:03:34,720 --> 00:03:37,280 Speaker 2: us throughout the day for the latest roundup of companies 71 00:03:37,360 --> 00:03:40,480 Speaker 2: making news on Wall Street and for the latest market 72 00:03:40,480 --> 00:03:44,960 Speaker 2: moving headlines. 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