WEBVTT - Bumble's New AI Assistant; Dollar General Shares Fall; Petco Surges

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<v Speaker 1>Bloomberg Audio Studios, podcasts, radio news, The Stock Movers Report,

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<v Speaker 1>your roundup of companies making moves in the stock market,

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<v Speaker 1>harnessing the power of Bloomberg data.

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<v Speaker 2>Let's take a look at.

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<v Speaker 3>Some stocks in the move today, John Tucker looking at

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<v Speaker 3>some of the victims of the equity market.

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<v Speaker 2>Yeah, and more importantly, is that special person in your

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<v Speaker 2>life watching Hallmark movies? You can probably find that out

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<v Speaker 2>bubble beating expectations, the average revenue prepaying user increase. Shaff

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<v Speaker 2>Frosen after our trading. I don't know, I'm laughing. And

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<v Speaker 2>they've introduced this is the intersection of dating and AI,

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<v Speaker 2>a new odin tool. It's called dates. So here's how

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<v Speaker 2>it works. Just stop, I'm going to go through this.

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<v Speaker 2>You can take notes. Starts with a private, in depth

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<v Speaker 2>conversation that explores broad topics like values, relationship goals, communication style,

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<v Speaker 2>lifestyle and dating intentions. Now, when it identifies two people

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<v Speaker 2>who are aligned in these areas, both are notified with

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<v Speaker 2>a summary explaining why they're a strong match. I just

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<v Speaker 2>go for the old way, just go out to a bar.

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<v Speaker 2>Well chats with the AI assistant private. Nothing's going to

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<v Speaker 2>be shared on the public profile. Members can also choose

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<v Speaker 2>what topics of their conversations can be shared with a

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<v Speaker 2>potential batch date is power by Bumble's own AI, So they're.

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<v Speaker 4>Going deeper into sort of the psyche of the person

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<v Speaker 4>looking for the date. I guess talking to them about

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<v Speaker 4>their wants, needs, emotions. Is this where we're at one?

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<v Speaker 3>So like my dating career, the stunt's going from seventy

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<v Speaker 3>to two?

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<v Speaker 2>Am I right? Seventy to two? Yeah, it's been next next,

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<v Speaker 2>you know, you go to these stores. There's one up

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<v Speaker 2>in west Chester, ru into it's a dump, and you

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<v Speaker 2>go to one in Florida it's like a palace. What's

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<v Speaker 2>the Dollar General?

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<v Speaker 3>Oh? Dollar General.

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<v Speaker 2>I don't know why that is, but they're forecasting sales

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<v Speaker 2>in line with analyst inestiments, slowing momentum for the company

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<v Speaker 2>that had routinely exceeded Wall Street expect They keep.

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<v Speaker 4>Looking at the dollar Generals of the world as like

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<v Speaker 4>a barometer of where the consumer's at, right, aren't they

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<v Speaker 4>say they saw more high end consumers.

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<v Speaker 2>Say, it's not necessarily a barometer for the lower part

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<v Speaker 2>of the k. But you know, I think.

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<v Speaker 4>People who higher earners are shopping at the dollar generals

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<v Speaker 4>because they're looking for a bargain too.

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<v Speaker 2>Anyway, This outlook is considered conservative, with the company seeing

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<v Speaker 2>lower sales growth than last year. Shares the retailer they

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<v Speaker 2>fell in pre market trading dollar general. They's been benefiting

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<v Speaker 2>from customers seeking deals lower prices. That you said, amid

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<v Speaker 2>the stress of the chain even attracted more high income shops.

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<v Speaker 2>Bingo that boosted the result.

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<v Speaker 4>Got to listen to me, John, twenty twenty.

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<v Speaker 2>Thousand locations, reporting of four point three percent gains the

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<v Speaker 2>same store as sales. One enough arguing what is vet bill?

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<v Speaker 2>What do you pay for vet bill to get groomed

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<v Speaker 2>and all that stuff?

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<v Speaker 3>Oh, we're due, We got to get the summer puppy

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<v Speaker 3>cut going. They're both madded, they're miserable, and that I

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<v Speaker 3>get a call from mayor Mom Damie thanking me for

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<v Speaker 3>moving the tax needle.

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<v Speaker 2>A New York so pet Co woof the ticker symbol,

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<v Speaker 2>spent last year overhauling the store of selection. They say

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<v Speaker 2>they expect a return to positive same store sales this year.

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<v Speaker 2>Pet owners grappling with the rising costs of pet care

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<v Speaker 2>and Wall Street worries about the impact of tariffs on retailers.

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<v Speaker 2>Most importantly, I think was the call with CEO Joel Anderson.

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<v Speaker 2>He said the company is adding to its selection of

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<v Speaker 2>pets it sells in its stores. In particular, he said

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<v Speaker 2>he saw spiders like Tarantula's as quote, a newer pet

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<v Speaker 2>trend in the United.

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<v Speaker 4>Let's looking for it.

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<v Speaker 2>Let's get a tarantula, So anyway.

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<v Speaker 3>Can I editorialize it?

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<v Speaker 2>Chewy is the single easiest.

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<v Speaker 3>Website that takes money from me. Chew You buy every

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<v Speaker 3>website out there, study how Chewy does it. It's just

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<v Speaker 3>amazing how easy it is to give them one hundred

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<v Speaker 3>and fifty dollars.

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<v Speaker 4>Oh, I bet. But people look, even when things are

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<v Speaker 4>down and out, people spend on their pets.

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<v Speaker 2>I do more and more. I see people going to

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<v Speaker 2>Penco for using the vet services. It's not cheap. And

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<v Speaker 2>I got a tip from a neighbor. Go to the

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<v Speaker 2>shelter and they'll do vet services even.

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<v Speaker 4>If you didn't get your pet from you.

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<v Speaker 1>Yeah.

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<v Speaker 2>I found that interesting.

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