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

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

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Speaker 2: the stock market harnessing the power of Bloomberg data.

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Speaker 3: Let's take a look at some of the stocks on

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Speaker 3: the move on this Monday.

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Speaker 2: Emily Graffeo is Bloomberg News cross Houset reporter and she

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Speaker 2: joins us here.

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Speaker 4: Netflix one of the top performers in the S and

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Speaker 4: P five hundred on a day when the index itself

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Speaker 4: was down more than two percent and there weren't a

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Speaker 4: lot of places to hide, even in bonds, So they

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Speaker 4: reported a record profit to start the year on Thursday.

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Speaker 2: Doesn't it feel like a world away, like completely forgot, but.

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Speaker 4: Like no one was really paying attention because, yeah, everyone's

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Speaker 4: going on vacation. Everyone was leaving for the holiday weekend.

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Speaker 4: Maybe Netflix was, but traders weren't, so that stock was

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Speaker 4: up higher today, record profit to start the year. First

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Speaker 4: quarter earnings rose twenty five which beat ana estimates, and

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Speaker 4: the company also said that it's seen no impact on

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Speaker 4: its business from the tariffs or the market volatility that

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Speaker 4: has followed. So perhaps this is a safety kind of hedge.

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Speaker 3: As Bloomberg Television's Alex Steele said, it's basically you gotta

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Speaker 3: have your name. I was going to ask, is it

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Speaker 3: a consumer staple or is it a discretionary purchase in

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Speaker 3: your view?

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Speaker 1: In my view?

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Speaker 3: In your view? And here I'm going to reprid everybody.

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Speaker 3: Well you think about it. Everybody. Standard with ads is

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Speaker 3: seven ninety nine a month, Standard is seventeen ninety nine

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Speaker 3: a month. Premium is twenty four ninety nine a month.

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Speaker 2: You know you don't.

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Speaker 4: You don't need it seriously, So I'm going to say

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Speaker 4: it's still a discretionary.

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Speaker 1: Okay, I don't know. I mean YouTube is free.

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Speaker 4: Sometimes I feel like you can watch us the table, Yeah,

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Speaker 4: fix foot on the table Net when it's food on

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Speaker 4: the table versus netflixaflick feels like a you.

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Speaker 1: Know, more discretionary. And there's so many competitors.

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Speaker 4: Oh yeah, maybe you would stick with your Netflix because

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Speaker 4: if you have that subscription already, it's harder to cancel

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Speaker 4: it than like buying a new parent. It's stick here, yeah,

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Speaker 4: which actually segues into my neck stock.

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Speaker 3: Okay, you're welcome.

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Speaker 1: We're talking about canceling.

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Speaker 4: Uber shares were down today as much as five point

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Speaker 4: two percent. They ended the day down three percent, But

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Speaker 4: it seems like a lot of the downside is coming

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Speaker 4: from a lawsuit from the FTC, which alleged in a

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Speaker 4: complaint today that the company charged consumers for its Uber

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Speaker 4: one product without their consent and made it unreasonably burdensome

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Speaker 4: to cancel the service. The agency found users can be

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Speaker 4: required to navigate Get This as many as twenty three

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Speaker 4: screens and take up to thirty two actions just to

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Speaker 4: cancel Uber one, according to the FTC statement. Now, Uber

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Speaker 4: said in their response that it didn't take that many steps,

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Speaker 4: but that's what.

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Speaker 2: The actually twenty two screens and thirty ones.

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Speaker 4: Yeah, because ok yeah, only kidding, So I mean, huh yeah,

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Speaker 4: that stock was down.

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Speaker 1: Tried to do something though, And wait a.

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Speaker 3: Second, we should explain what Uber one is, Okay, okay.

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Speaker 3: So Uber one is like this subscription service you can

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Speaker 3: get for Uber. You get zero delivery fees on Uber

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Speaker 3: Eats orders that are eligible. It's ten bucks a month,

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Speaker 3: maybe ninety six bucks a year roughly. And yeah, I

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Speaker 3: mean I think Lyft has its own version of this too.

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Speaker 3: I'm the Lift. I have the Lyft one because that's

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Speaker 3: how you get city bike, so I get a discount

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Speaker 3: on lyft rides. But anyway, yeah.

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Speaker 4: I thought it was yeah, because all the agency has

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Speaker 4: also recently sued several other companies, including Amazon Adobe, for

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Speaker 4: making it too difficult to cancel subscriptions.

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Speaker 1: So I always have my eye on stuff like that.

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Speaker 3: So Tesla, Tesla, speaking of.

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Speaker 4: Cars, Yes, speaking of cars, we have a lot of

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Speaker 4: nice segues. Today Tesla fell five percent today. This was

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Speaker 4: its third straight day of declines. Earnings are set for tomorrow.

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Speaker 4: The stock is down forty three percent year to date, though,

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Speaker 4: and there was a pretty colorful note we can call

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Speaker 4: it over the weekend from Wedbush's Dan ives he does

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Speaker 4: have an outperformance.

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Speaker 2: Likes to wear colorful.

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Speaker 4: Yes, it's one of the best dressed south Side analysts.

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Speaker 4: But he had a note over the weekend that said

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Speaker 4: Tesla's facing a code read moment as it.

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Speaker 1: Prepares to report its earnings.

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Speaker 4: And he also said that the CEO, Elon Musk, should

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Speaker 4: step back from his work at DOGE and refocus his

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Speaker 4: attention on the carmaker and then on a more fundamental level.

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Speaker 4: Still Bush, yes he's still bullish, but Tesla also reported bullish.

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Speaker 1: And then have a code read'st Dan, Yeah, I know.

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Speaker 3: He said we. He said, I love why. It's a

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Speaker 3: great question. We believe Tesla within Vidar two of the

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Speaker 3: most disruptive tech companies on the globe over the coming years.

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Speaker 1: He also said, Tesla is Musk. Musk is Tesla.

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Speaker 4: Anyone thinks the brand damage TuS Musk has inflicted is

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Speaker 4: not a real thing. Spend some time speaking to car

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Speaker 4: buyers in the US, Europe, Asia, You'll think differently after

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Speaker 4: those discussions. We'll see what you know Tesla does after

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Speaker 4: the earnings. But it's heading into this earnings report down

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Speaker 4: forty three percent year to date, vulnerable. There's a lot

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Speaker 4: of headlines. There's a lot of focus on, you know,

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Speaker 4: what is Musk's role and the company? Is he distracted

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Speaker 4: with what he's doing at doge to.

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Speaker 2: Be an interesting analyst call ye earnings analyst call after

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Speaker 2: the close tomorrow. Nice segues between them. Well done, Well done,

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Speaker 2: Well done. The Stock Movers podcast from Bloomberg Radio. Check

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Speaker 2: back with us throughout the day for the latest roundup

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Speaker 2: of companies making news on Wall Street and for the

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Speaker 2: latest market moving headlines. Listen to Bloomberg Radio Live, catch

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Speaker 3: MHM.