1 00:00:02,520 --> 00:00:07,360 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 --> 00:00:16,160 Speaker 2: in the stock market, harnessing the power of Bloomberg Data. 4 00:00:16,320 --> 00:00:18,159 Speaker 3: Let's take a look at some of the stocks on 5 00:00:18,280 --> 00:00:20,639 Speaker 3: the move here today on this selloff. We're joined by 6 00:00:20,680 --> 00:00:23,000 Speaker 3: Bloomberg's at Christina, Christina, what deal can I. 7 00:00:23,160 --> 00:00:25,239 Speaker 1: Well, we gotta take a look at Netflix, Paul Right, 8 00:00:25,320 --> 00:00:29,280 Speaker 1: so taker NFLXO. Those shares hire today up by one 9 00:00:29,320 --> 00:00:31,840 Speaker 1: point two percent, pairing some of those opening gains, but 10 00:00:31,920 --> 00:00:35,879 Speaker 1: still investors taking it as a positive that now Netflix 11 00:00:35,920 --> 00:00:39,240 Speaker 1: has amended its bid for Warner Brothers. They are now 12 00:00:39,440 --> 00:00:44,120 Speaker 1: offering an all cash agreement for the studio and streaming businesses. 13 00:00:44,200 --> 00:00:47,000 Speaker 1: So previously the agreement was twenty seven to seventy five 14 00:00:47,040 --> 00:00:50,519 Speaker 1: a share in cash and stock, which drew criticism from 15 00:00:50,520 --> 00:00:53,080 Speaker 1: their main rival, which is Paramounts Guidance. Right, that was 16 00:00:53,120 --> 00:00:56,320 Speaker 1: one of the main contention points that they were being 17 00:00:56,320 --> 00:00:59,440 Speaker 1: attacked on. And so now Netflix is amended zeal they're 18 00:00:59,440 --> 00:01:02,480 Speaker 1: going to pay all cash, and Netflix co CEO Ted 19 00:01:02,560 --> 00:01:06,240 Speaker 1: Sarando saying that the Warner Brothers board continues to support 20 00:01:06,280 --> 00:01:10,280 Speaker 1: and quote unanimously recommend their transactions. So I'm sure that 21 00:01:10,360 --> 00:01:13,039 Speaker 1: the Netflix earning squall after it close today is probably 22 00:01:13,040 --> 00:01:16,119 Speaker 1: going to be all about this, yes, guaranteed. All right. 23 00:01:16,200 --> 00:01:17,960 Speaker 1: Second on the list, let's take a look at app 24 00:01:18,000 --> 00:01:20,080 Speaker 1: love in today as well a scar so app Lovin 25 00:01:20,280 --> 00:01:23,280 Speaker 1: app those shares not doing too well today, down two 26 00:01:23,360 --> 00:01:26,800 Speaker 1: point seven percent. That is because they did see a 27 00:01:26,840 --> 00:01:30,560 Speaker 1: negative research report from Capital Watch. Now, Applevin actually has 28 00:01:30,640 --> 00:01:32,880 Speaker 1: been a target of short sellers prior to this, so 29 00:01:32,920 --> 00:01:37,480 Speaker 1: we've seen Fuzzy Panda cuppor Research both publishing short reports 30 00:01:37,520 --> 00:01:41,199 Speaker 1: against the company last year. Our bookly Intelligence analysts weighing 31 00:01:41,280 --> 00:01:45,240 Speaker 1: in those saying that apple Is fundamentals appear intact despite 32 00:01:45,480 --> 00:01:48,240 Speaker 1: the negative research report, and they say that fourth quarter 33 00:01:48,280 --> 00:01:51,840 Speaker 1: sales could be consensus given the early wins from its 34 00:01:51,880 --> 00:01:55,400 Speaker 1: AI driven ad tech tools e commerce launch, so we'll 35 00:01:55,400 --> 00:01:55,720 Speaker 1: see that. 36 00:01:55,920 --> 00:01:59,160 Speaker 3: Yeah, it stocked on sixteen percent this year, but on 37 00:01:59,240 --> 00:02:01,559 Speaker 3: a trailing twelve month basis is up over sixty percent. 38 00:02:01,640 --> 00:02:03,480 Speaker 3: So I didn't know how big this company was. One 39 00:02:03,520 --> 00:02:04,960 Speaker 3: hundred and ninety billion in market cap. 40 00:02:05,560 --> 00:02:06,600 Speaker 2: It's a big memestock. 41 00:02:06,720 --> 00:02:10,040 Speaker 1: Holy yeah, it was popular amongst the memes stock crowd 42 00:02:10,120 --> 00:02:11,839 Speaker 1: last year, hence the sixty plus percent. 43 00:02:13,000 --> 00:02:14,560 Speaker 3: Thanks all right, one more for us Intel. 44 00:02:14,680 --> 00:02:16,560 Speaker 1: Let's take a look at Intel. Yeah, so ticker I 45 00:02:16,880 --> 00:02:19,959 Speaker 1: n TC big winner today, up four point six percent 46 00:02:20,080 --> 00:02:23,000 Speaker 1: for those shares. It got double upgraded. So it got 47 00:02:23,080 --> 00:02:27,800 Speaker 1: upgraded at HBC two hold from reduced previously. HBC analysts 48 00:02:27,840 --> 00:02:32,120 Speaker 1: noting that their urgentic AI is driving upside to their 49 00:02:32,160 --> 00:02:36,280 Speaker 1: CPU demand, and it also received an upgrade to buy 50 00:02:36,320 --> 00:02:40,600 Speaker 1: from neutral at Seaport Global Security. So Ernie's doing Thursday 51 00:02:40,639 --> 00:02:43,760 Speaker 1: after the market clothes Bloomer Intelligences preview sites that they 52 00:02:43,800 --> 00:02:47,280 Speaker 1: are likely to deliver results in line with consensus, but 53 00:02:47,480 --> 00:02:51,120 Speaker 1: they're still expecting a company to stay with a conservative 54 00:02:51,240 --> 00:02:53,520 Speaker 1: outlook given all the supply coustrations. 55 00:02:54,040 --> 00:02:58,720 Speaker 2: So we'll see the stock mover's report from Bloomberg Radio. 56 00:02:59,200 --> 00:03:01,360 Speaker 2: Check back with us throughout the day for the latest 57 00:03:01,440 --> 00:03:04,600 Speaker 2: roundup of companies making news on Wall Street and for 58 00:03:04,720 --> 00:03:08,640 Speaker 2: the latest market moving headlines. Listen to Bloomberg Radio Live, 59 00:03:09,040 --> 00:03:12,640 Speaker 2: catch us on YouTube, Bloomberg dot com, and on Applecarplay 60 00:03:12,680 --> 00:03:15,240 Speaker 2: and Android Auto with the Bloomberg Business app.