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Speaker 1: Bloomberg Audio Studios, podcasts, radio news.

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Speaker 2: This is the closing bell on this stock. Moover's report

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Speaker 2: the company's making moves at the close of US trading

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Speaker 2: with Carol Master, Tim Stenebeck, Romain, Bostik, and Scarlet Foo.

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Speaker 3: S and P five hundred almost and even split two

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Speaker 3: hundred and fifty six names. Scarlet to the upside, two

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Speaker 3: hundred and forty six to the downside.

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Speaker 4: All right, Let's take a look at the IMAP seven

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Speaker 4: sectors in the red, with industrials down by more than

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Speaker 4: one percent. Carrier and ups are the big laggards there.

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Speaker 4: Consumer discretionary and healthcare also weaker as well. The gainers

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Speaker 4: here real estate, investment, trusting utilities, each up by more

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Speaker 4: than one percent.

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Speaker 1: All right, guys, we are getting our names. Let's start

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Speaker 1: with Booking dot Com Avis also crossing the wire right now,

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Speaker 1: but Booking saying the gross bookings in the most recent

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Speaker 1: quarter came in above street estimates forty six point seven

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Speaker 1: billion dollars EBATA two point four to two billion dollars,

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Speaker 1: but is just slightly higher than what the street was

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Speaker 1: looking for at two point twenty one EPs. The bottom

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Speaker 1: line adjusted as always fifty five point four Street was

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Speaker 1: looking for fifty point three, So it looks like a

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Speaker 1: beat on all of the main metrics, including on the

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Speaker 1: top and the bottom line. Six point eight billion dollars

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Speaker 1: in revenue, sixteen percent higher than twelve months ago.

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Speaker 4: All right, Let's also take a look at AVIS, the

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Speaker 4: rental car agency. Second quarter revenue three billion dollars, pretty

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Speaker 4: much in line with what analysts we're looking for the

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Speaker 4: second quarter. America's revenue also meeting analyst estimates as well,

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Speaker 4: so if you break it down a little bit more,

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Speaker 4: international revenue seven hundred and seven million dollars slightly higher

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Speaker 4: than what was anticipated as well, we could see Avis

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Speaker 4: down about one percent and after our trading.

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Speaker 5: Okay, I'm looking at what's happening with Caesar's Entertainment. Second

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Speaker 5: quarter net revenue coming in at two point nine to

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Speaker 5: one billion dollars. Estimates excuse me, estimates for that were

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Speaker 5: two point eight six billion that second quarter same store

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Speaker 5: net revenue, second quarter loss per share coming in at

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Speaker 5: thirty nine cents. Overall, second quarter samestore net revenue did

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Speaker 5: beat estimates. Shares right now, well, they are unchanged.

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Speaker 3: All right, Let's get to Corvo that of course, playing

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Speaker 3: into the semi space and has had quite a run

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Speaker 3: this year the company. Let's go right to the forecast,

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Speaker 3: see second quarter revenue of about one point zero two

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Speaker 3: five billion plus or minus fifty million. See second quarter

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Speaker 3: just a dps a range of a dollars seventy five

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Speaker 3: to two twenty five. That is above what the street

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Speaker 3: is expecting of a dollar sixty four. And let's go

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Speaker 3: backward to the last quarter, first quarter just ADPs ninety

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Speaker 3: two cents versus an estimate of sixty three cents a share.

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Speaker 3: We'll look for some color around that number, because quite

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Speaker 3: a gap there. And first quarter justed revenue of a

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Speaker 3: eight hundred and eighteen point eight million. Again, that seems

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Speaker 3: to be a big beat the estimate on the street

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Speaker 3: with seven hundred and seventy one point one billion, And

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Speaker 3: just taking a quick look at what this company is

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Speaker 3: doing here in the aftermarket as we bring it up,

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Speaker 3: it's up about fourteen percent. So I want to I

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Speaker 3: want to know a little bit more about those numbers.

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Speaker 4: I do too.

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Speaker 1: I do want to go back though to the two

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Speaker 1: travel stocks that just actually reported, Booking and Caesar's both

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Speaker 1: lower now in the after hours trade, and I am

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Speaker 1: curious about this idea like where travel goes next. Booking

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Speaker 1: of course not providing a hard forecast in the release,

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Speaker 1: but when you take a look at what Caesar's has

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Speaker 1: to say, it gives you some sense here that while

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Speaker 1: things are I guess stable, it does not necessarily seem

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Speaker 1: to indicate that they're expecting any material growth from current

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Speaker 1: levels going forward.

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Speaker 2: Yeah.

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Speaker 4: Absolutely, I'm just taking a look at the booking statement

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Speaker 4: from the CEO, Glenn Folgel, talking about reaching a milestone

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Speaker 4: with connected trip transactions. There's a thirty percent increase on

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Speaker 4: bookings dot COM's total transactions year over year, healthy growth

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Speaker 4: across different verticals, especially with flight tickets of forty four percent.

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Speaker 4: So again it comes back to people's willingness to spend

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Speaker 4: in this current environment, which is better than it was

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Speaker 4: three months ago, but not enough necessarily for investors to

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Speaker 4: feel completely comfortable with the company beating and exceeding their.

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Speaker 5: Forecast on that willingness to spend in this environment. Scarlett,

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Speaker 5: We're getting some commentary from Tom rig the CEO of

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Speaker 5: Caesars who who says that in Las Vegas we posted

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Speaker 5: solid gaming results in the face of softer market demand

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Speaker 5: in our hospitality verticals, but net revenue and segment revenue

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Speaker 5: increased four percent, driven primarily by Caesar's, Virginia and New Orleans.

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Speaker 5: So maybe people aren't necessarily treking to Las Vegas as

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Speaker 5: a result of uncertainty, but they're visiting these more regional

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Speaker 5: areas and spending money there instead.

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Speaker 3: All right, I'm all obsessed by the crypto space. I

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Speaker 3: want to go back to Corvo because the company's chief

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Speaker 3: financial officer, Gran Brown, saying the company's fiscal first quarter

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Speaker 3: revenue and non gap PPS exceeded the high end of

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Speaker 3: guidance driven by broad based demand. It made me want

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Speaker 3: to go into the supply chain function of these guys.

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Speaker 3: They're customers number one customers, Apple, Samsung Electronics. I mean,

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Speaker 3: it's a wide range of industries. But again, the stock

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Speaker 3: up about eleven point six percent here in the aftermarket,

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Speaker 3: and keep in mind it's up about twenty one percent

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Speaker 3: year to date, so quite a bump to the upside here.

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Speaker 1: And just a reminder for our viewers, we're still waiting

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Speaker 1: to get earnings out of Starbucks as well as Cheesecake

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Speaker 1: Factory EA. The of course, a video game company also

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Speaker 1: expected to report sometime soon. But it gets to this

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Speaker 1: idea though, Carol, I mean to your point, this idea

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Speaker 1: of how these companies are tech companies of course that

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Speaker 1: you're referring to, how they sort of transition. Is this

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Speaker 1: all about AI? Is this all of course about crypto

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Speaker 1: as well? EA is out, so too is Starbucks. Where

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Speaker 1: are we going, guys, Let's do Starbucks first? Here Starbucks

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Speaker 1: crossing the wire right now, the company is saying that

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Speaker 1: international comp sales, as expected were flat down about zero percent.

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Speaker 1: US comp sales also were down down about two percent,

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Speaker 1: so a negative sign in front of that. But the

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Speaker 1: good news is that comp sales were actually dropped less

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Speaker 1: than what the street was looking for. The street was

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Speaker 1: looking for a drop of two and a half percent.

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Speaker 1: Operating margin came in below expectations ten point one percent.

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Speaker 1: The street was looking for eleven point six percent here,

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Speaker 1: and the company overall basically saying that as comp sales

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Speaker 1: drop on that two percent level, both in North America

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Speaker 1: the US and of course flat sales over international, it

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Speaker 1: is saying a just ADPs coming in at fifty cents

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Speaker 1: a year. I just wanted to double check that number.

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Speaker 1: The street was looking for sixty five, so it looks

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Speaker 1: like a miss on a lot of key metrics here,

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Speaker 1: but again, this is a company where the quarter that

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Speaker 1: to pass is less important than the guidance that they

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Speaker 1: give for the future.

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Speaker 4: All Right, and to that end, let's take a look

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Speaker 4: at EA Electronic Arts, the video game publisher. It has

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Speaker 4: maintained its full Your net bookings forecast sees it at

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Speaker 4: around seven point six billion to eight billion ANUS. We're

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Speaker 4: looking for seven point eight billion dollars, and then also

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Speaker 4: saying that the first quarter netbookings for the quarter that

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Speaker 4: ended was one point three billion dollars, slightly higher than

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Speaker 4: the anticipated one point two four billion dollars. It also

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Speaker 4: sees earnings per shared this quarter of about twenty nine

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Speaker 4: cents to forty six cents, and still sees a full

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Speaker 4: year EPs at about three h nine to three seventy nine,

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Speaker 4: stock moving just slightly lower in after hours trade.

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Speaker 5: Okay, let's go to Mandoleiz, the maker of Trisket and

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Speaker 5: cliff Bars, among others. John about three tenths of one percent.

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Speaker 1: Not oreos and good stuff.

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Speaker 5: Hey, you know what I want to do the ones

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Speaker 5: that people are necessarily familiar with. If you go to

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Speaker 5: Mondalize's website, your first thing there glorious tris gits. Come on,

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Speaker 5: this is a healthy world that we're living in. Okay us.

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Speaker 5: The shares are ever so slightly lower in the after hours,

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Speaker 5: down three tens four tenths of one percent. The company

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Speaker 5: still sees fiscally organic net revenue at about five percent.

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Speaker 5: The estimate was for four point nine five percent second

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Speaker 5: quarter net revenue above estimates at eight point nine eight

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Speaker 5: billion dollars. Second quarter adjusted operating margin fourteen point three percent.

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Speaker 5: Second quarter just dps above estimates at seventy three cents.

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Speaker 5: The estimate was sixty eight cents. All right, we've got

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Speaker 5: just make chips away, ritz.

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Speaker 1: Crackers, tates, cookies, you know dates, all right, snack hour,

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Speaker 1: it is dates.

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Speaker 3: I can use your visa to buy things made by Mondalize.

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Speaker 3: Visa is at with third quarter adjusted EPs to ninety

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Speaker 3: eight to share. That is better than the forecast of

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Speaker 3: two eighty five a share and third quarter net revenue

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Speaker 3: coming in at ten point two billion, folks, that too

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Speaker 3: is a beat. The estimate on the street was nine

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Speaker 3: point eighty seven billion. Stock's been bouncing around, but right

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Speaker 3: now it's up, remain up about half a percent, and

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Speaker 3: just real quickly.

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Speaker 1: Merrol Holding's kind of I guess you call it on

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Speaker 1: on the Crypto Energy company two q EPs a dollar

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Speaker 1: eighty four. That compares to a loss from the previous

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Speaker 1: quarter of seventy two cents a share, So it looks

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Speaker 1: like an improvement on the bottom line. Not a lot

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Speaker 1: of analysts cover this, so hard to sort of match

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Speaker 1: us up with street expectations. Shares hire by about two

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Speaker 1: point six percent in the after hour trade.

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Speaker 3: All right, and don't hit on triskets, as Tim would

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Speaker 3: probably say at this point, I'm just gonna lend it

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Speaker 3: there I do. I should point out two seagates out

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Speaker 3: fourth quarter revenue coming in pretty much in line fourth

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Speaker 3: quarter just at EPs two fifty nine versus two forty

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Speaker 3: five the estimate. Stock that was down about eight point

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Speaker 3: three percent in the aftermarket. So we'll look for some

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Speaker 3: more headlines on that Western Digital down as well on

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Speaker 3: feels for that.

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Speaker 2: This Stock Movers report from Bloomberg Radio. Check back with

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