1 00:00:02,520 --> 00:00:10,440 Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The Stock Movers podcast, 2 00:00:10,800 --> 00:00:14,040 Speaker 1: your roundup of companies making moves in the stock market, 3 00:00:14,240 --> 00:00:16,480 Speaker 1: harnessing the power of Bloomberg Data. 4 00:00:17,400 --> 00:00:20,360 Speaker 2: Stock Movers would Lisa Mateo on a Monday. 5 00:00:20,079 --> 00:00:20,680 Speaker 1: Why do you have lease? 6 00:00:20,720 --> 00:00:22,279 Speaker 3: All right? I want to start with Dominoes take er 7 00:00:22,360 --> 00:00:26,560 Speaker 3: dpzes shares been up as much as six percent higher 8 00:00:26,600 --> 00:00:29,400 Speaker 3: revenue second quarter. It led same store sales growth in 9 00:00:29,480 --> 00:00:34,440 Speaker 3: the US. A big part of that the stuffed crust pizza. Okay, 10 00:00:34,600 --> 00:00:39,360 Speaker 3: people loved it. They started ordering like crazy, another big 11 00:00:39,400 --> 00:00:41,720 Speaker 3: thing that helped them out. It's available for delivery on 12 00:00:41,840 --> 00:00:43,400 Speaker 3: the two largest acts, right, you can get it on 13 00:00:43,520 --> 00:00:45,879 Speaker 3: Uber Eats and also door Dash on top of it, 14 00:00:45,960 --> 00:00:50,360 Speaker 3: so that I know DoorDash. Sorry Tom, you're punchline here. 15 00:00:50,880 --> 00:00:54,279 Speaker 2: You did personal research on this in Chicago. 16 00:00:53,880 --> 00:00:54,280 Speaker 1: Didn't you? 17 00:00:54,640 --> 00:00:58,560 Speaker 3: The Deep Dish? Oh but see Dominoes doesn't have that 18 00:00:58,760 --> 00:01:01,360 Speaker 3: sauce like the Deep di said I had in Chicago. 19 00:01:02,040 --> 00:01:04,720 Speaker 3: But it's still people love it, you know, the college 20 00:01:04,760 --> 00:01:06,880 Speaker 3: kids love it. They ordered the door Dash and that's 21 00:01:06,959 --> 00:01:09,040 Speaker 3: the thing. I know, I know, it's a thing. 22 00:01:09,200 --> 00:01:12,840 Speaker 2: It's a thing. We're in a Greater New York area 23 00:01:12,880 --> 00:01:15,480 Speaker 2: where we have real pizza. The rest of the world doesn't. 24 00:01:15,880 --> 00:01:18,080 Speaker 2: So Domino's is fine, No. 25 00:01:18,160 --> 00:01:21,720 Speaker 3: Good, point good, very good ten year track record on 26 00:01:21,920 --> 00:01:24,360 Speaker 3: pizza sixteen percent per year. 27 00:01:24,400 --> 00:01:25,120 Speaker 2: That's pretty good. 28 00:01:25,120 --> 00:01:25,880 Speaker 3: People like pizza. 29 00:01:26,120 --> 00:01:27,200 Speaker 1: Yeah, next they did. 30 00:01:27,240 --> 00:01:29,720 Speaker 3: They did have a little bit of earnings decline, but 31 00:01:29,760 --> 00:01:32,000 Speaker 3: they were ported a beat on international statement store sales. 32 00:01:32,040 --> 00:01:33,800 Speaker 3: They opened a lot of stores too. That was another thing. 33 00:01:34,560 --> 00:01:37,600 Speaker 3: Verizon takeer VZ there shares have been about four percent, 34 00:01:37,720 --> 00:01:40,560 Speaker 3: a beat on second quarter revenue, operating revenue up about 35 00:01:40,640 --> 00:01:43,679 Speaker 3: five point two percent from a year earlier, raised its 36 00:01:43,720 --> 00:01:46,040 Speaker 3: profit out look. That was a big thing. They pointed 37 00:01:46,040 --> 00:01:50,520 Speaker 3: a strong performance. It's CEO said, Verizon has quote momentum, 38 00:01:50,640 --> 00:01:53,240 Speaker 3: a clear path forward, So people like the sound of that. 39 00:01:54,160 --> 00:01:56,400 Speaker 3: The net loss it did see of about fifty one 40 00:01:56,440 --> 00:01:59,840 Speaker 3: thousand monthly wireless phone subscribers are a little bit less there, 41 00:02:00,680 --> 00:02:04,240 Speaker 3: but it did add two hundred ninety three thousand Internet customers. 42 00:02:04,360 --> 00:02:07,320 Speaker 3: So they say the problem with the phone customers is 43 00:02:07,320 --> 00:02:10,920 Speaker 3: that they ended their holiday promotions or Christmas holiday promotions earlier. 44 00:02:10,960 --> 00:02:13,600 Speaker 3: They beefed it up in the spring, but that was 45 00:02:13,639 --> 00:02:15,240 Speaker 3: an issue that they had kind of attracting people. 46 00:02:15,480 --> 00:02:18,760 Speaker 2: Get one six percent yield that's a ginormous It is 47 00:02:18,800 --> 00:02:22,600 Speaker 2: because there is zero growth in this greater telecom business 48 00:02:22,639 --> 00:02:25,720 Speaker 2: because you got the three telecom players competing against the 49 00:02:25,720 --> 00:02:28,880 Speaker 2: cable companies for a finite number of consumers that every 50 00:02:28,880 --> 00:02:31,679 Speaker 2: one of their business lines. There's zero growth in that industry, 51 00:02:31,760 --> 00:02:34,320 Speaker 2: so you got to reward the shareholders with a divine. 52 00:02:34,160 --> 00:02:37,440 Speaker 3: Next, okay, we'll go to Jack Dorsey's fintech block. Okay, 53 00:02:37,480 --> 00:02:41,040 Speaker 3: ticker XYZ just for you. Their shares a bit of 54 00:02:41,080 --> 00:02:44,400 Speaker 3: about nine percent. It was formerly known as Square, right, 55 00:02:44,440 --> 00:02:46,760 Speaker 3: it's set to join the S and P five hundreds. 56 00:02:47,040 --> 00:02:51,399 Speaker 3: Yes it was Square, Yes, now it's Block. So it's 57 00:02:51,400 --> 00:02:53,320 Speaker 3: set to join the S and P five hundred before 58 00:02:53,360 --> 00:02:55,760 Speaker 3: they started treading on Wednesday. So we'll continue to keep 59 00:02:55,800 --> 00:02:58,360 Speaker 3: an eye on those. But it's replacing Hess. You remember 60 00:02:58,560 --> 00:03:01,720 Speaker 3: Chevron's fifty three billion dollars acquisition, so it'll replace that. 61 00:03:02,160 --> 00:03:05,400 Speaker 3: And they said why it's growing, it's because it's expanded 62 00:03:05,480 --> 00:03:09,520 Speaker 3: its portfolio. Right, it's placing a big focus on cryptocurrencies, 63 00:03:09,560 --> 00:03:13,520 Speaker 3: particularly bitcoin. I didn't realize it has this bitcoin only 64 00:03:13,760 --> 00:03:17,640 Speaker 3: cash app, digital wallet service, you know, the self custody 65 00:03:17,639 --> 00:03:20,560 Speaker 3: bitcoin wallet bit key. I mean, it's really expanding in 66 00:03:20,600 --> 00:03:22,360 Speaker 3: this and that's why they feel that this is going 67 00:03:22,440 --> 00:03:25,360 Speaker 3: to continue. And like we said before the starting trading 68 00:03:25,440 --> 00:03:28,120 Speaker 3: on Wednesday, keep an eye out for block Take your X, 69 00:03:28,320 --> 00:03:28,640 Speaker 3: Y and. 70 00:03:28,600 --> 00:03:34,040 Speaker 1: Z, the Stock Movers podcast from Bloomberg Radio. Check back 71 00:03:34,080 --> 00:03:36,480 Speaker 1: with us throughout the day for the latest roundup of 72 00:03:36,520 --> 00:03:39,720 Speaker 1: companies making news on Wall Street and for the latest 73 00:03:39,760 --> 00:03:43,920 Speaker 1: market moving headlines. Listen to Bloomberg Radio Live, catch us 74 00:03:43,960 --> 00:03:47,280 Speaker 1: on YouTube, Bloomberg dot com, and on Applecarplay and Android 75 00:03:47,320 --> 00:03:49,360 Speaker 1: Auto with the Bloomberg Business app.