Speaker 1: Bloomberg Audio Studios, podcasts, radio News.
Speaker 2: The Stock Movers Report, your roundup of companies making moves
Speaker 2: in the stock market, harnessing the power of Bloomberg Data.
Speaker 3: Let's take a look at some of the stocks on
Speaker 3: the move here today on this selloff. We're joined by
Speaker 3: Bloomberg's at Christina, Christina, what deal can I.
Speaker 1: Well, we gotta take a look at Netflix, Paul Right,
Speaker 1: so taker NFLXO. Those shares hire today up by one
Speaker 1: point two percent, pairing some of those opening gains, but
Speaker 1: still investors taking it as a positive that now Netflix
Speaker 1: has amended its bid for Warner Brothers. They are now
Speaker 1: offering an all cash agreement for the studio and streaming businesses.
Speaker 1: So previously the agreement was twenty seven to seventy five
Speaker 1: a share in cash and stock, which drew criticism from
Speaker 1: their main rival, which is Paramounts Guidance. Right, that was
Speaker 1: one of the main contention points that they were being
Speaker 1: attacked on. And so now Netflix is amended zeal they're
Speaker 1: going to pay all cash, and Netflix co CEO Ted
Speaker 1: Sarando saying that the Warner Brothers board continues to support
Speaker 1: and quote unanimously recommend their transactions. So I'm sure that
Speaker 1: the Netflix earning squall after it close today is probably
Speaker 1: going to be all about this, yes, guaranteed. All right.
Speaker 1: Second on the list, let's take a look at app
Speaker 1: love in today as well a scar so app Lovin
Speaker 1: app those shares not doing too well today, down two
Speaker 1: point seven percent. That is because they did see a
Speaker 1: negative research report from Capital Watch. Now, Applevin actually has
Speaker 1: been a target of short sellers prior to this, so
Speaker 1: we've seen Fuzzy Panda cuppor Research both publishing short reports
Speaker 1: against the company last year. Our bookly Intelligence analysts weighing
Speaker 1: in those saying that apple Is fundamentals appear intact despite
Speaker 1: the negative research report, and they say that fourth quarter
Speaker 1: sales could be consensus given the early wins from its
Speaker 1: AI driven ad tech tools e commerce launch, so we'll
Speaker 1: see that.
Speaker 3: Yeah, it stocked on sixteen percent this year, but on
Speaker 3: a trailing twelve month basis is up over sixty percent.
Speaker 3: So I didn't know how big this company was. One
Speaker 3: hundred and ninety billion in market cap.
Speaker 2: It's a big memestock.
Speaker 1: Holy yeah, it was popular amongst the memes stock crowd
Speaker 1: last year, hence the sixty plus percent.
Speaker 3: Thanks all right, one more for us Intel.
Speaker 1: Let's take a look at Intel. Yeah, so ticker I
Speaker 1: n TC big winner today, up four point six percent
Speaker 1: for those shares. It got double upgraded. So it got
Speaker 1: upgraded at HBC two hold from reduced previously. HBC analysts
Speaker 1: noting that their urgentic AI is driving upside to their
Speaker 1: CPU demand, and it also received an upgrade to buy
Speaker 1: from neutral at Seaport Global Security. So Ernie's doing Thursday
Speaker 1: after the market clothes Bloomer Intelligences preview sites that they
Speaker 1: are likely to deliver results in line with consensus, but
Speaker 1: they're still expecting a company to stay with a conservative
Speaker 1: outlook given all the supply coustrations.
Speaker 2: So we'll see the stock mover's report from Bloomberg Radio.
Speaker 2: Check back with us throughout the day for the latest
Speaker 2: roundup of companies making news on Wall Street and for
Speaker 2: the latest market moving headlines. Listen to Bloomberg Radio Live,
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