WEBVTT - Spotify Sets User Growth Record; Coca-Cola Slides; Harley-Davidson Shares Tumble

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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. Let's take a look

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<v Speaker 1>at some stocks in the move today.

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<v Speaker 2>There's Alexis Christoffers. Actually, they're one of the stocks I'm

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<v Speaker 2>looking at. So let's start with Coca Cola down four

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<v Speaker 2>percent right now, Earnings per share fifty eight cents, slightly

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<v Speaker 2>above estimates. But here's really what's getting tripping up investors today.

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<v Speaker 2>Annual sales out look coming in at the lower end

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<v Speaker 2>of the range. Look, Coke and all of the beverage

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<v Speaker 2>giants are struggling with a change in consumer habits. They're

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<v Speaker 2>stepping away from the sugary drinks and especially the younger folks.

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<v Speaker 1>Later.

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<v Speaker 2>The water thing seems to be a bright spot for

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<v Speaker 2>a lot of these companies, including Coke. Last quarter, they

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<v Speaker 2>have an incoming CEO, Enrique Braun So he's got his

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<v Speaker 2>work cutout for him. They're widening their portfolio. Zero sugar,

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<v Speaker 2>sodas right spot for these companies. Fourteen percent Coke. What's

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<v Speaker 2>it is that?

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<v Speaker 1>The Coke zero?

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<v Speaker 2>Yeah, that's pretty erough. So that's yeah, I've had it.

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<v Speaker 2>We have tang zero here, folks, they would love the

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<v Speaker 2>right orange in the studios. So Tito's and zero. I

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<v Speaker 2>also get a by accident. I'm like, I can't tell

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<v Speaker 2>the difference. It's good. Really, you can't tell the difference. Well,

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<v Speaker 2>that's pretty good. So look at this coke is up

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<v Speaker 2>twenty one was up twenty one percent year to date.

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<v Speaker 2>We'll see what happens now once the market opens. But

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<v Speaker 2>it was outperforming PepsiCo last year. Stock was hired, did

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<v Speaker 2>better than PepsiCo last year. But I don't know. I'm

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<v Speaker 2>a Seltzer person myself. I don't do Seltzer. It's like

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<v Speaker 2>a Manhattan you know. I do like Seltzer, and it

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<v Speaker 2>cannot be flavored very specific. All right, let's move more music.

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<v Speaker 2>Spotify up ten percent today. All right, this is the

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<v Speaker 2>world's biggest streaming service. It added thirty eight million users

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<v Speaker 2>last quarter. That is a record high. Now it's got

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<v Speaker 2>seven hundred and fifty one million. It's got this thing

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<v Speaker 2>called wrapp Did you know about this? No, I'm not

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<v Speaker 2>even a subscribe out of spot really. Yeah, all right,

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<v Speaker 2>A serious sex me a little cred a little bit. No, No,

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<v Speaker 2>it does it does You're good Pandora because they own Pandora. Okay, anyway,

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<v Speaker 2>so wrapped, Let's users share their favorite artists and songs

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<v Speaker 2>on social media, so that helped them out last night.

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<v Speaker 2>It also or last year last quarter it launched an

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<v Speaker 2>enhanced free tier around the world as well, which contributed

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<v Speaker 2>to growth. You threw me off with it not being

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<v Speaker 2>on Spotify. Does Bad Bene make a lot of money

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<v Speaker 2>from Spotify? No? You know what the you know where

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<v Speaker 2>they make their money from is the touring and probably

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<v Speaker 2>I don't think they get paid for the super Bowl,

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<v Speaker 2>believe it or not. Yeah, I don't think. I don't

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<v Speaker 2>because serious, Yeah I did.

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<v Speaker 1>Not know that.

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<v Speaker 2>Yeah, I think they pay for the show, the NFL

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<v Speaker 2>and what have you. But it's all the you know,

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<v Speaker 2>the press that you get. And do you like title?

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<v Speaker 1>Right?

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<v Speaker 2>Don't you? Title sounds much better? Way better fidelity, high

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<v Speaker 2>fidelity audio. I keep going back to Apple Music and Spotify.

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<v Speaker 2>Yeah it's niche right, So okay, but so Spotify is

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<v Speaker 2>like the top one right now. Okay, last stock I've

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<v Speaker 2>got for you. What did I bring? Oh? Yes, Harley Davison. Yeah,

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<v Speaker 2>the ticker symbol hog. This stock has been going through

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<v Speaker 2>it as well, and once again you've got people not

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<v Speaker 2>wanting to buy these premium bikes from the company, and

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<v Speaker 2>they're dealing with tariffs from the Trump administration. They've got

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<v Speaker 2>a new CEO. He came in in October already stars

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<v Speaker 2>he's got a lot of excess motorcycle inventory he's got

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<v Speaker 2>to try to get out of there. Also, Ford's CEO,

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<v Speaker 2>Jim Farley. By the way, this was sort of stuffed

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<v Speaker 2>in the press relief press release. He's stepping down from

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<v Speaker 2>the Harley board. Really, I don't really know what that means.

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<v Speaker 2>Miller went all the way down to Virginia somewhere to

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<v Speaker 2>buy his Harley Davidson and then you drive it all

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<v Speaker 2>the way back. Oh that's so cool.

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<v Speaker 1>Yeah.

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<v Speaker 2>Did he do with his I don't know, hopefully not

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<v Speaker 2>as a cowbolay. I keep saying, you're a little old

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<v Speaker 2>for this, my friend. But he's he's out there, he's

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<v Speaker 2>got his motorcycles, including is Harley Davidson now So he's happy? Yeah?

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<v Speaker 2>So is down ten percent Harley Davidson today down twenty

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<v Speaker 2>two percent over the passers, So they could use some

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<v Speaker 2>good fundament. This was more my speedy, that's my speed,

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<v Speaker 2>please ye here you go through the street. That's got

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<v Speaker 2>as Harley Davidson. I've got my vestment.

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<v Speaker 1>That's how that's how we roll.

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<v Speaker 2>I like it.

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<v Speaker 1>This Stock Movers report from Bloomberg Radio. Check back with

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