Speaker 1: Bloomberg Audio Studios, podcasts, radio news. The Stock Movers Report,
Speaker 1: your roundup of companies making moves in the stock market,
Speaker 1: harnessing the power of Bloomberg Data.
Speaker 2: Stock Movers.
Speaker 1: I don't know if she's starting with Catapillar, but I was.
Speaker 2: Like, oh wow when I saw Cantaburg.
Speaker 1: But there's like fourteen other stories. There are so many
Speaker 1: go off the script. How do you pick the stock moversero?
Speaker 2: Well, I try to see what is truly moving in
Speaker 2: a large way upward down percent. But then also how
Speaker 2: you know how many people own this stock? What's the
Speaker 2: you know, revenue, like like like exactly, that's my first
Speaker 2: that's your first script? Does Jalen Brunson own this? Stocks
Speaker 2: movers go, So we'll see you bels McDonald's because that's
Speaker 2: what I'm starting with. Ticker symbol MCD up about one percent,
Speaker 2: but down thirteen percent year to date. It has been
Speaker 2: going through it. So today McDonald's named a long time executive,
Speaker 2: Sky Anderson, president of its US business. They say they
Speaker 2: want him to bring focus and urgency to the home market.
Speaker 2: Sales growth at US restaurants they slowed again, but people
Speaker 2: who did show up bought price your items, So there
Speaker 2: were higher check overall checks at McDonald's. They're trying to
Speaker 2: expand their value menu, four dollar breakfasts, more options under
Speaker 2: three bucks.
Speaker 1: And explain how you do a four dollars breakfast, don't.
Speaker 2: Know, especially when all everything's going up, I actually do it,
Speaker 2: and you buys more beef in the world than McDonald's,
Speaker 2: I would think, geez.
Speaker 1: I mean, I just I don't understand the game plan,
Speaker 1: you know, And.
Speaker 2: I think that's what investors have been asking. But they
Speaker 2: say they have this multi year plan. They want to
Speaker 2: bring in higher quality food, hand breaded chicken, they want
Speaker 2: to change restaurant designs.
Speaker 1: So stock down twelve months or interns.
Speaker 2: Yeah, all right, here's your Caterpillar Tom because it is
Speaker 2: surging twelve percent here and it has really become part
Speaker 2: of the broader AI trade. Right, So it's a US
Speaker 2: machinery maker. We know there are big yellow cats out
Speaker 2: there on farms across the country. It reported stronger sales
Speaker 2: across its businesses. Sales rose to twenty and a half
Speaker 2: billion dollars. And here's the thing, a record backlog for
Speaker 2: equipment orders driven by data center buildouts. Sure, so you
Speaker 2: know cadabillary was caught up in a recent selloff in
Speaker 2: those AI adjacent stocks over concerns about the sustainability of
Speaker 2: capex with as it relates to AI. But it's enjoying
Speaker 2: a nice resurgence here today. All right, Palenteer Technologies have
Speaker 2: to do it, because the stock is up sixteen percent.
Speaker 2: Not too often you hear a company describe its sales
Speaker 2: as otherworldly, but that's what Palenteer CEO is doing. It's
Speaker 2: a software developer. They now expect sales to top eight
Speaker 2: billion dollars this year, driven by demand for its data
Speaker 2: analytics tools. And there was concern that AI startups like
Speaker 2: Anthropic would sort of eat Palenteer's lunch, but no signs
Speaker 2: of that in this earnings report.
Speaker 1: Yeah. I love watching his CEO get interviewed on his
Speaker 1: TV sky. He has no governor. He'll say anything.
Speaker 2: He'll say anything, Robert ordering his company. I want to talk.
Speaker 2: I know we usually do three. I'm squeezing in four Wayfair, Yes,
Speaker 2: twenty and a half percent. You've got to shop at Wayfair.
Speaker 2: I had to google it so I didn't know what way.
Speaker 2: Oh all right, missus Kean went to it last night.
Speaker 1: She's out there buying bar carts for friends.
Speaker 2: Yes, this is what I'm talking about. Oh I love
Speaker 2: that about your wife. Okay. So Wayfair said sales in
Speaker 2: the US grew with their fastest clip in five years.
Speaker 2: It also has brick and mortar stores, which I have
Speaker 2: to say I didn't know about in Chicago and Atlanta,
Speaker 2: and there they've got an annual membership.
Speaker 1: Now, are they like et cet S Y No, No.
Speaker 2: No, because they're selling new stuff. ATS is usually more
Speaker 2: like not new or like people make their own stuff
Speaker 2: and have their own storefront. So this is new merchandise.
Speaker 2: But here's the thing. A lot of these furniture retailers
Speaker 2: are being hurt by tariffs, by higher fuel costs. Somehow
Speaker 2: Wayfair is not and there's an analysts who said it's
Speaker 2: because they don't purchase inventory directly from suppliers and they're
Speaker 2: not the importer of record.
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