1 00:00:02,520 --> 00:00:07,000 Speaker 1: Bloomberg Audio Studios, podcasts, radio News. 2 00:00:08,520 --> 00:00:12,440 Speaker 2: The Stock Movers Report, your roundup of companies making moves 3 00:00:12,440 --> 00:00:15,880 Speaker 2: in the stock market, harnessing the power of Bloomberg Data. 4 00:00:16,560 --> 00:00:19,119 Speaker 1: I'm Carol Masser along with Timstanevik. Let's get to some 5 00:00:19,239 --> 00:00:21,200 Speaker 1: stocks on the move with us. To do that is 6 00:00:21,200 --> 00:00:24,640 Speaker 1: Bloomberg News Equities reporter, a deputy team leader for US Equities. 7 00:00:24,720 --> 00:00:28,200 Speaker 1: She is Carmen Reinicky, joining us here in studio. So Netflix, 8 00:00:28,240 --> 00:00:29,720 Speaker 1: we got to talk about this one. This was an 9 00:00:29,720 --> 00:00:32,959 Speaker 1: our performer today. Yeah, and then we said no, no, 10 00:00:33,000 --> 00:00:34,920 Speaker 1: I'm going to give another name. I'm thinking of Intel. 11 00:00:35,320 --> 00:00:37,920 Speaker 3: That was an app for It's funny. It's almost like 12 00:00:37,920 --> 00:00:41,720 Speaker 3: we haven't spent the last hour talking about Netflix. Oh 13 00:00:41,760 --> 00:00:44,199 Speaker 3: my god, these long weekends, man, But Carmen was going 14 00:00:44,280 --> 00:00:46,080 Speaker 3: to let you go with it because she's so kind, 15 00:00:46,080 --> 00:00:48,960 Speaker 3: because she is so nice. We start that one over. 16 00:00:48,880 --> 00:00:52,680 Speaker 1: Three two one, So let's start with Netflix. So Netflix 17 00:00:52,760 --> 00:00:54,400 Speaker 1: reporting after the closing belt today. 18 00:00:54,680 --> 00:00:56,840 Speaker 4: Yeah, and shears are really getting weigh down right now. 19 00:00:56,880 --> 00:01:00,760 Speaker 4: It's down about five percent. So the company issued a 20 00:01:00,800 --> 00:01:04,200 Speaker 4: cautious forecast for the months ahead, basically citing that they're 21 00:01:04,240 --> 00:01:08,720 Speaker 4: going to spend more during so to close the cost 22 00:01:08,840 --> 00:01:12,080 Speaker 4: of its deal with Warner Brothers Discovery. So they're not 23 00:01:12,160 --> 00:01:14,760 Speaker 4: only going to increase spending plans on film and TV 24 00:01:14,840 --> 00:01:18,679 Speaker 4: shows by ten percent, they're also pausing share buybacks to 25 00:01:18,720 --> 00:01:21,960 Speaker 4: accumulate cash for the acquisition. We saw this morning they 26 00:01:22,200 --> 00:01:25,520 Speaker 4: you know, updated their offer to be all cash. So 27 00:01:26,240 --> 00:01:28,800 Speaker 4: the deal will add two hundred and seventy million in 28 00:01:28,920 --> 00:01:31,639 Speaker 4: costs for this year on top of the sixty million 29 00:01:31,760 --> 00:01:34,640 Speaker 4: spent through year end. And if you zoom out, Netflix 30 00:01:35,120 --> 00:01:39,640 Speaker 4: stock has just really fallen off really since July. It's 31 00:01:39,680 --> 00:01:42,720 Speaker 4: it's been an underperformer. And just to check in, Warner 32 00:01:42,760 --> 00:01:46,559 Speaker 4: Brothers stock ticker WBD is not really moving in after hours. 33 00:01:47,000 --> 00:01:48,680 Speaker 3: K pop demon hunters. Did you see it? 34 00:01:48,760 --> 00:01:49,240 Speaker 4: I did? 35 00:01:49,680 --> 00:01:51,320 Speaker 3: You're one of the four hundred and eighty two million 36 00:01:51,640 --> 00:01:53,360 Speaker 3: I am in the second. 37 00:01:53,160 --> 00:01:54,320 Speaker 1: Half of it was a bop. 38 00:01:54,400 --> 00:01:55,520 Speaker 4: The music was really good. 39 00:01:56,360 --> 00:01:58,880 Speaker 3: Here's another one happen you see No, no, I haven't 40 00:01:58,920 --> 00:02:00,880 Speaker 3: seen it, but my kids love the We listen to 41 00:02:00,920 --> 00:02:02,600 Speaker 3: the song one of the songs all the time. Did 42 00:02:02,600 --> 00:02:03,040 Speaker 3: you like it? 43 00:02:03,640 --> 00:02:04,080 Speaker 2: I did. 44 00:02:04,320 --> 00:02:05,240 Speaker 1: I liked the music. 45 00:02:05,280 --> 00:02:05,760 Speaker 4: It was good. 46 00:02:05,880 --> 00:02:07,600 Speaker 3: Yeah, people love the music. 47 00:02:08,120 --> 00:02:09,000 Speaker 1: I need to watch it. 48 00:02:09,040 --> 00:02:12,040 Speaker 3: Happy Kilmore two. I haven't seen that that's the second 49 00:02:12,080 --> 00:02:13,840 Speaker 3: that was the second most watched movie. 50 00:02:13,880 --> 00:02:18,240 Speaker 1: Frankensteg I did see that. Okay, it was good. So yeah, 51 00:02:18,639 --> 00:02:20,960 Speaker 1: said were we that we didn't like to any of 52 00:02:20,960 --> 00:02:21,480 Speaker 1: this stuff. 53 00:02:22,040 --> 00:02:25,800 Speaker 3: Most watch shows included Wednesday, Stranger Things five, Untamed Squid Games, 54 00:02:25,840 --> 00:02:30,880 Speaker 3: and then the original Stranger Things as well. We got 55 00:02:30,880 --> 00:02:32,760 Speaker 3: some catching up to do when it comes to binging. 56 00:02:32,840 --> 00:02:35,160 Speaker 1: I guess right, yeah, I don't know. I've been you know, 57 00:02:35,240 --> 00:02:37,200 Speaker 1: I've been doing some reading and I'm kind of enjoying that. 58 00:02:38,360 --> 00:02:41,120 Speaker 4: Go figure out mean Frankenstein. Then watch the movie. 59 00:02:41,280 --> 00:02:42,640 Speaker 3: There we go, Mary Shelley. 60 00:02:42,880 --> 00:02:46,520 Speaker 1: That is so true, right, that's what everybody says to do, Okay. 61 00:02:46,880 --> 00:02:48,800 Speaker 1: United Airlines also reported after the close. 62 00:02:48,919 --> 00:02:50,720 Speaker 4: Yeah, and so we're seeing some green on the screen 63 00:02:50,720 --> 00:02:52,880 Speaker 4: with this one. It's ticker ua AL. It's up about 64 00:02:52,919 --> 00:02:56,280 Speaker 4: three and a half percent right now. So it's up 65 00:02:56,320 --> 00:03:00,799 Speaker 4: after the carrier reported adjusted earnings that top Tall Streets expectations. 66 00:03:01,240 --> 00:03:04,960 Speaker 4: And I also wanted to point out so Bloomberg Intelligence is, 67 00:03:05,000 --> 00:03:07,760 Speaker 4: George Ferguson said. Even though the results were near the 68 00:03:07,760 --> 00:03:11,600 Speaker 4: bottom end of the guidance, robust capacity really helped keep 69 00:03:11,680 --> 00:03:16,120 Speaker 4: costs excluding fuel contained, so revenue slipped in all but 70 00:03:16,160 --> 00:03:19,440 Speaker 4: the Atlantic market. He really liked. Guidance for the year, 71 00:03:19,480 --> 00:03:23,520 Speaker 4: said it was strong and the performance in key markets 72 00:03:23,560 --> 00:03:27,360 Speaker 4: like the Atlanta can be pressured by recent political events, 73 00:03:27,400 --> 00:03:29,519 Speaker 4: while fuel tailwinds are likely to be weaker. 74 00:03:29,760 --> 00:03:32,079 Speaker 1: Interesting our Paul Sweeney just did a big trip. 75 00:03:33,680 --> 00:03:34,600 Speaker 3: He's a United guy. 76 00:03:34,760 --> 00:03:36,480 Speaker 1: He is a United well a lot of us who 77 00:03:36,480 --> 00:03:39,880 Speaker 1: live in Jersey, right, like it's Newark and United, but 78 00:03:39,920 --> 00:03:42,400 Speaker 1: said things were crowded and busy, like you know, an 79 00:03:42,480 --> 00:03:45,600 Speaker 1: emptc's kind of thing. All right, so United rallying in 80 00:03:45,640 --> 00:03:48,080 Speaker 1: the aftermarket, let's go to Boeing. This was kind of 81 00:03:48,120 --> 00:03:49,120 Speaker 1: an important day for them. 82 00:03:49,320 --> 00:03:51,800 Speaker 4: Yeah, exactly, So Bowe and Shares not moving a ton 83 00:03:52,080 --> 00:03:54,640 Speaker 4: in post market this ticker BA and they were only 84 00:03:54,720 --> 00:03:57,240 Speaker 4: up about half a percent today, But that was important 85 00:03:57,280 --> 00:04:00,000 Speaker 4: because they hit a key milestone, which was finally recouped 86 00:04:00,200 --> 00:04:04,440 Speaker 4: share losses from twenty twenty four's fiasco where one of 87 00:04:04,480 --> 00:04:09,720 Speaker 4: the panels fell off of an airplane. So you know, 88 00:04:09,760 --> 00:04:12,200 Speaker 4: this just kind of capped off a real, real roller 89 00:04:12,240 --> 00:04:14,600 Speaker 4: coaster for Shares. I think they had a really strong 90 00:04:14,640 --> 00:04:19,000 Speaker 4: twenty nineteen but then has sort of struggled since then. 91 00:04:19,120 --> 00:04:22,680 Speaker 4: And yeah, now now they finally recouped those laws. 92 00:04:22,839 --> 00:04:25,359 Speaker 1: They have been yeah, right, like a bad run for 93 00:04:25,400 --> 00:04:27,520 Speaker 1: a while. Yeah, a lot of different things. 94 00:04:27,720 --> 00:04:30,039 Speaker 3: Well, there was the first seven thirty seven Max crash, 95 00:04:30,080 --> 00:04:32,839 Speaker 3: the second seven thirty seven Max crash, the whole investigation 96 00:04:33,320 --> 00:04:37,520 Speaker 3: that followed. New Well, Kelly Ordberg, not new CEO, but 97 00:04:37,600 --> 00:04:40,440 Speaker 3: new Ish CEO, right, really trying to turn around the company. 98 00:04:40,440 --> 00:04:42,320 Speaker 3: So this has seen it's pretty a pretty big deal 99 00:04:42,360 --> 00:04:44,440 Speaker 3: for him. 100 00:04:44,440 --> 00:04:48,480 Speaker 2: This stock mover's report from Bloomberg Radio. Check back with 101 00:04:48,560 --> 00:04:51,159 Speaker 2: us throughout the day for the latest roundup of companies 102 00:04:51,200 --> 00:04:54,279 Speaker 2: making news on Wall Street and for the latest market 103 00:04:54,320 --> 00:04:58,800 Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 104 00:04:58,880 --> 00:05:02,239 Speaker 2: Bloomberg dot com, and on Apple CarPlay and Android Auto 105 00:05:02,320 --> 00:05:03,920 Speaker 2: with the Bloomberg Business app.