1 00:00:02,520 --> 00:00:07,360 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 00:00:12,480 --> 00:00:15,880 Speaker 2: in the stock market, harnessing the power of Bloomberg Data. 4 00:00:16,640 --> 00:00:19,800 Speaker 3: Hello everybody, Alexis Christophers here with Christina Quino. You got 5 00:00:19,800 --> 00:00:23,599 Speaker 3: Bloomberg News cross Asset reporter Danitza Sakova with us here 6 00:00:23,800 --> 00:00:27,440 Speaker 3: in our studios and our interactive broker studio. I know 7 00:00:27,480 --> 00:00:29,840 Speaker 3: you brought some goodies with you. Let's start with Netflix 8 00:00:29,840 --> 00:00:31,720 Speaker 3: Warner Brothers because they've been in the news for the 9 00:00:31,760 --> 00:00:32,640 Speaker 3: past weeks. 10 00:00:32,800 --> 00:00:36,760 Speaker 4: Warner Bros. Stoke was up six percent today. This extends 11 00:00:36,880 --> 00:00:40,360 Speaker 4: the weekly game to nine percent. It has almost double 12 00:00:40,479 --> 00:00:43,720 Speaker 4: sinis reports of the deal talks with paramounts in March. 13 00:00:43,840 --> 00:00:46,840 Speaker 4: In September in Netflix for seeing the opposite press action. 14 00:00:47,240 --> 00:00:50,839 Speaker 4: Stock was down three percent today and it has declined 15 00:00:50,920 --> 00:00:55,840 Speaker 4: seventeen percents. The streaming leader emerged as interested in Warner Brothers, 16 00:00:55,840 --> 00:00:57,880 Speaker 4: the tiories NFLX. 17 00:00:58,120 --> 00:00:59,800 Speaker 5: On the week, it's down seven percent. 18 00:00:59,840 --> 00:01:03,520 Speaker 4: Of course, quickly rehearching the deal, Netflix agreed to buy 19 00:01:03,600 --> 00:01:07,039 Speaker 4: Warner Brados. This is a massive shift in which a 20 00:01:07,120 --> 00:01:11,840 Speaker 4: business cecond value based business and streaming giant is swallowing 21 00:01:11,959 --> 00:01:16,679 Speaker 4: one of Hollywood's oldest and most reverse studios. There are 22 00:01:16,680 --> 00:01:21,160 Speaker 4: so many things that people are discussing now. They obviously 23 00:01:21,160 --> 00:01:24,759 Speaker 4: have to convince global antitrust regulators that the deal won't 24 00:01:24,800 --> 00:01:26,560 Speaker 4: give it an illegal advantage. 25 00:01:27,280 --> 00:01:29,480 Speaker 5: So there are many things that are happening. 26 00:01:29,480 --> 00:01:33,720 Speaker 4: But the acquisition was first confirmed by Bloomberg Report on Thursday, 27 00:01:34,760 --> 00:01:38,600 Speaker 4: is major people for next Netflix, which has never made 28 00:01:38,600 --> 00:01:40,880 Speaker 4: a deal of this coupe in its twenty year twenty 29 00:01:41,000 --> 00:01:44,440 Speaker 4: eight year history. With that purchase, Netflix become the owner 30 00:01:44,480 --> 00:01:47,320 Speaker 4: of HBO Networks, along with the library of heat shows 31 00:01:47,360 --> 00:01:51,200 Speaker 4: like Sopranos The Light Watters, so really fascinating. They're also 32 00:01:51,240 --> 00:01:54,240 Speaker 4: acquiring some studios and a lot of things to follow if, 33 00:01:54,320 --> 00:01:56,880 Speaker 4: of course, this deal actually goes through in the end. 34 00:01:57,080 --> 00:01:59,480 Speaker 3: You mentioned Sopranos. I have a little trivia for you. Oh, 35 00:01:59,560 --> 00:02:02,920 Speaker 3: I was actually on an episode of The Soprise years ago. 36 00:02:03,040 --> 00:02:05,880 Speaker 3: I know that's watched that anybody's ever seen me, And 37 00:02:06,040 --> 00:02:07,840 Speaker 3: I was actually working for Bloomberg at the time, and 38 00:02:07,880 --> 00:02:11,040 Speaker 3: they used a snippet of me that's on me I 39 00:02:11,040 --> 00:02:14,919 Speaker 3: think nice and white Satin episode. And to this day 40 00:02:14,960 --> 00:02:16,639 Speaker 3: I have people say to me, hey, I saw you, 41 00:02:16,800 --> 00:02:19,720 Speaker 3: I saw you on the religion because of streaming service 42 00:02:19,760 --> 00:02:21,360 Speaker 3: is still running it. So that was my big claim 43 00:02:21,360 --> 00:02:23,720 Speaker 3: to fame. By the way your career, we're going to 44 00:02:23,840 --> 00:02:26,240 Speaker 3: people know me from the fifteen second clip on the surprise. 45 00:02:26,280 --> 00:02:27,480 Speaker 3: All right, what else have you got for us? 46 00:02:27,480 --> 00:02:29,640 Speaker 5: That's amazing? I hope someone takes a photo of this 47 00:02:30,200 --> 00:02:30,640 Speaker 5: this moment. 48 00:02:30,800 --> 00:02:33,920 Speaker 4: Microsoft shares This week, Microsoft had a pretty tough week. 49 00:02:34,520 --> 00:02:37,359 Speaker 4: It was down about two percent. It all came after 50 00:02:37,880 --> 00:02:41,520 Speaker 4: information report that says as the software maker has lowered 51 00:02:41,600 --> 00:02:44,640 Speaker 4: expectations for getting business customers to spend money on AI. 52 00:02:45,160 --> 00:02:50,000 Speaker 4: Microsoft actually disputed that claim, but nevertheless, the company shares 53 00:02:50,040 --> 00:02:53,760 Speaker 4: were down this week. Microsoft is so up just thirteen 54 00:02:53,800 --> 00:02:57,320 Speaker 4: percent here todate, which compared to the rest. 55 00:02:57,160 --> 00:02:59,920 Speaker 5: Of the Magnificent seven. It's definitely one of the laggers. 56 00:03:00,600 --> 00:03:03,760 Speaker 4: Jeffries wrote that the information completely missed the point in 57 00:03:03,800 --> 00:03:07,000 Speaker 4: this article that this is not true, but some of 58 00:03:07,040 --> 00:03:12,000 Speaker 4: the details require interesting. For example, one Microsoft aser sales 59 00:03:12,080 --> 00:03:15,960 Speaker 4: unit said that they were expecting to increase their sales 60 00:03:16,200 --> 00:03:18,840 Speaker 4: by fifty percent in the last week's career and only 61 00:03:18,880 --> 00:03:22,600 Speaker 4: happened is that the current goal is just twenty five 62 00:03:22,639 --> 00:03:25,040 Speaker 4: percent of growth, so cutting off. 63 00:03:25,120 --> 00:03:26,560 Speaker 5: And of course everyone has been. 64 00:03:26,520 --> 00:03:30,880 Speaker 4: Very jittery about AI spending, so something like this has 65 00:03:31,080 --> 00:03:35,119 Speaker 4: really worried investors as we see all those big companies 66 00:03:35,280 --> 00:03:38,360 Speaker 4: spending a ton of money on anything, chips, servers, and 67 00:03:38,400 --> 00:03:41,360 Speaker 4: other expenses, and it's all circular deal. So if one 68 00:03:41,400 --> 00:03:44,000 Speaker 4: of them is starting to slow down eventually that happens 69 00:03:44,040 --> 00:03:44,440 Speaker 4: to the rest. 70 00:03:44,680 --> 00:03:47,440 Speaker 1: Yeah, all right, then it's a one last quick one Salesforce. 71 00:03:47,680 --> 00:03:49,360 Speaker 5: Yeah, good week for Salesforce. 72 00:03:49,400 --> 00:03:51,680 Speaker 4: It gave an outlook for revenue in the current period 73 00:03:51,760 --> 00:03:55,040 Speaker 4: that top only as estimates, and that lifted the company 74 00:03:55,440 --> 00:03:56,080 Speaker 4: for the week. 75 00:03:56,160 --> 00:03:57,800 Speaker 5: Ticker, of course is ce RM. 76 00:03:57,880 --> 00:04:01,240 Speaker 4: The company gate thirteen percent and on the week, the 77 00:04:01,280 --> 00:04:05,720 Speaker 4: revenue number was very strong. It bit estimates. Current remaining 78 00:04:05,760 --> 00:04:09,760 Speaker 4: performance obligations was also a very strong number, way above 79 00:04:09,840 --> 00:04:13,000 Speaker 4: what the street was expecting. They have this new product 80 00:04:13,040 --> 00:04:15,720 Speaker 4: Agent Force that was released earlier this year that. 81 00:04:15,840 --> 00:04:17,159 Speaker 5: Is doing pretty well. 82 00:04:17,200 --> 00:04:20,560 Speaker 4: But what Tea Cowan is warning is that the good 83 00:04:20,640 --> 00:04:23,360 Speaker 4: sales numbers are limited so far and this is only 84 00:04:23,400 --> 00:04:27,039 Speaker 4: experimentation stages, so we shouldn't be too fast to be 85 00:04:27,080 --> 00:04:29,840 Speaker 4: too excited about this. The company was down twenty nine 86 00:04:29,839 --> 00:04:33,200 Speaker 4: percent before learnings report, so some relief there, but it's 87 00:04:33,240 --> 00:04:34,039 Speaker 4: been on top fear. 88 00:04:34,320 --> 00:04:36,279 Speaker 1: Yeah, I mean a lot of relief over there was 89 00:04:36,360 --> 00:04:40,080 Speaker 1: those results obviously, and it looks like it still is 90 00:04:40,160 --> 00:04:42,920 Speaker 1: very much focus on AI. But in this company's case, 91 00:04:42,960 --> 00:04:45,160 Speaker 1: it's kind of their usage of AI right with. 92 00:04:45,160 --> 00:04:48,839 Speaker 3: The concern right that perhaps AI would would step on 93 00:04:48,880 --> 00:04:51,440 Speaker 3: some of their product capabilities, but I think that these 94 00:04:51,480 --> 00:04:54,200 Speaker 3: results sort of put that to rest. 95 00:04:54,920 --> 00:04:58,960 Speaker 2: The stock mover's report from Bloomberg Radio. 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