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 --> 00:00:16,280 Speaker 2: in the stock market harnessing the power of Bloomberg Data. 4 00:00:16,600 --> 00:00:18,280 Speaker 3: Let's take a look at some of the movers today. 5 00:00:18,320 --> 00:00:21,280 Speaker 3: I'm Alexey with Paul Sweeney. We're joined by Bloomberg's Christine Aquino. 6 00:00:21,360 --> 00:00:24,160 Speaker 3: Take it off with Salesforce. There is a merger Tuesday 7 00:00:24,200 --> 00:00:24,840 Speaker 3: slash Monday. 8 00:00:25,239 --> 00:00:28,040 Speaker 1: Absolutely I like Salesforce. That is quite a big deal. 9 00:00:28,040 --> 00:00:31,400 Speaker 1: It's about an eight billion acquisition of Informatica, and this 10 00:00:31,520 --> 00:00:35,520 Speaker 1: follows a fail attempt barely a year ago, so both 11 00:00:35,560 --> 00:00:39,040 Speaker 1: companies were visiting that deal table there, and you know, 12 00:00:39,320 --> 00:00:43,239 Speaker 1: it does add to more than eight hundred billion dollars 13 00:00:43,280 --> 00:00:45,960 Speaker 1: of North American deal so far in twenty twenty five. 14 00:00:46,000 --> 00:00:48,400 Speaker 1: That is more than a twenty three percent increase from 15 00:00:48,400 --> 00:00:50,280 Speaker 1: a year ago. So look at this deal specifically, our 16 00:00:50,320 --> 00:00:54,400 Speaker 1: Bloomberg Intelligence analysts do say that Informatica's slower growth of 17 00:00:54,440 --> 00:00:58,480 Speaker 1: around four percent is negative versus salesforces stronger eight to 18 00:00:58,560 --> 00:01:02,200 Speaker 1: nine percent growth. But the deal value you does adequately 19 00:01:02,240 --> 00:01:05,400 Speaker 1: reflect this list this risk, and it does show that 20 00:01:05,440 --> 00:01:09,640 Speaker 1: Salesforce is willing to allocate more resources to data management 21 00:01:09,680 --> 00:01:12,480 Speaker 1: given its recent success in the data cloud sector, and. 22 00:01:12,480 --> 00:01:15,720 Speaker 4: The evaluation is lower this time around those ten building 23 00:01:15,760 --> 00:01:17,560 Speaker 4: when they first tried to do this deal a year 24 00:01:17,640 --> 00:01:20,000 Speaker 4: or so ago. Now it's eight billion, so a little 25 00:01:20,000 --> 00:01:22,039 Speaker 4: bit of a mark down there. Jpmore and representing the 26 00:01:22,080 --> 00:01:24,760 Speaker 4: buyer and gold Sacks representing the seller. 27 00:01:25,040 --> 00:01:26,560 Speaker 3: You always like that. He always likes that. He likes 28 00:01:26,560 --> 00:01:28,440 Speaker 3: to see wo's making all the money. So let's go 29 00:01:28,480 --> 00:01:30,840 Speaker 3: more into Southwest Airlines. The news there, of course, is 30 00:01:30,880 --> 00:01:32,840 Speaker 3: that a second bag. Right, You're going to start paying 31 00:01:32,880 --> 00:01:33,319 Speaker 3: to check. 32 00:01:33,160 --> 00:01:36,000 Speaker 1: Your bag, That's right, And you know, based on the 33 00:01:36,000 --> 00:01:39,440 Speaker 1: share move today, investors love that it's currently more than 34 00:01:39,480 --> 00:01:42,800 Speaker 1: three and a half percent from the open. It's quite 35 00:01:42,840 --> 00:01:45,800 Speaker 1: interesting though, because again this is definitely not happy news 36 00:01:45,840 --> 00:01:48,720 Speaker 1: for consumers, especially because the summer travel season just about 37 00:01:48,720 --> 00:01:53,080 Speaker 1: to get underway. We hate paying for bags collectively, and interestingly, 38 00:01:53,280 --> 00:01:56,920 Speaker 1: just last week the Southwest Airlines CFO was warning of 39 00:01:56,920 --> 00:02:00,080 Speaker 1: ongoing softness and travel demands. So maybe this is a 40 00:02:00,240 --> 00:02:03,160 Speaker 1: move to compensate for that slowness. A key question is 41 00:02:03,160 --> 00:02:05,280 Speaker 1: whether consumers would be willing to absorb that cost, But 42 00:02:05,320 --> 00:02:07,480 Speaker 1: based on that consumer confidence number, maybe they will be. 43 00:02:07,920 --> 00:02:10,359 Speaker 4: Yeah, I fly out of Newark some captive to United 44 00:02:10,400 --> 00:02:12,760 Speaker 4: I've only flown Southwest maybe like two or three times 45 00:02:13,000 --> 00:02:16,480 Speaker 4: the life. It's different experience, and I know people who 46 00:02:16,520 --> 00:02:17,160 Speaker 4: fly it love it. 47 00:02:17,639 --> 00:02:18,440 Speaker 3: Yeah, it's not my thing. 48 00:02:18,600 --> 00:02:21,239 Speaker 4: Yeah, it's not my thing. It's very high loyalty. 49 00:02:21,760 --> 00:02:25,239 Speaker 3: Now, but if you take this away exactly, how's that 50 00:02:25,320 --> 00:02:27,560 Speaker 3: kind of go? All right, Broadcom, let's wrap this one up. 51 00:02:27,680 --> 00:02:30,440 Speaker 1: Broad Com up two point six percent at the moment. 52 00:02:30,520 --> 00:02:33,680 Speaker 1: We do have that company reporting results next week, and 53 00:02:33,720 --> 00:02:35,720 Speaker 1: so we have a lot of kind of just pre 54 00:02:36,639 --> 00:02:41,440 Speaker 1: earnings optimism there. We have Bloomberg Intelligence is Robert Schiffman 55 00:02:41,720 --> 00:02:44,680 Speaker 1: noting that its revenue diversity and cash flow does boost 56 00:02:44,680 --> 00:02:48,320 Speaker 1: its relative value appeel versus its peers and sector. It's probably, 57 00:02:48,360 --> 00:02:52,120 Speaker 1: you know, relatively cheap compared with Nvidia in the likes 58 00:02:52,520 --> 00:02:57,000 Speaker 1: bloomber Intelligence also touting strong relative total debt and equity returns. 59 00:02:57,000 --> 00:02:59,839 Speaker 1: And so yeah, we await what comes of that broad 60 00:03:00,080 --> 00:03:03,000 Speaker 1: Home report, and with that, actually we wrap up most 61 00:03:03,040 --> 00:03:04,920 Speaker 1: of the big tech names recording and VI you of 62 00:03:04,919 --> 00:03:06,519 Speaker 1: course reporting ahead. 63 00:03:06,200 --> 00:03:11,840 Speaker 2: Of that later this week the Stockmover's report from Bloomberg Radio. 64 00:03:12,320 --> 00:03:14,480 Speaker 2: Check back with us throughout the day for the latest 65 00:03:14,560 --> 00:03:17,760 Speaker 2: roundup of companies making news on Wall Street and for 66 00:03:17,840 --> 00:03:21,799 Speaker 2: the latest market moving headlines. 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