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: Let's take a look at some of that stocks on
Speaker 2: the move today.
Speaker 1: We can do that with Bloomberg's television markets correspondent normally
Speaker 1: or what are you looking at?
Speaker 2: Well, Paul, A lot to keep an eye on today,
Speaker 2: but I've got my eyes on shares of Apple, that's
Speaker 2: seeker AAPL. We're seeing shares sliding by about one point
Speaker 2: one percent. So we did see that the company delivered
Speaker 2: record quarterly sales and a better than anticipated forecasts in
Speaker 2: terms of the current period. But what's really been weighing
Speaker 2: on the company and what the analysts and investors are
Speaker 2: thinking about as they're digesting this report is the fact
Speaker 2: that the company's warning that rising component costs are threatening
Speaker 2: to squeeze margin. So you're really seeing Wall Street really
Speaker 2: trying to work out what this means for the stock
Speaker 2: long term. So we are seeing a bit of a slide,
Speaker 2: but of course pairing from its earlier decline of as
Speaker 2: much as two point four percent lower. What about Tesla,
Speaker 2: what's going on there? Yeah, Tesla. This one's also been
Speaker 2: in focused. This one in the green though. We're seeing
Speaker 2: shares up by about four point eight percent. This is
Speaker 2: after Elon Musk said that space X is considering a
Speaker 2: merger with Tesla or x Ai. So this has really
Speaker 2: been booing the stock higher, especially as we're thinking about
Speaker 2: what this could mean for the company in the long term.
Speaker 2: I mean, we see the stock though on a unitate
Speaker 2: basis so far in January, down about three percent, but
Speaker 2: getting a nice boost today. Isabelle one more.
Speaker 1: What do you got MX's trail that?
Speaker 2: Yeah, let's talk about some of the finance names. I've
Speaker 2: got my eyes on American Express that's ticker AXP. We're
Speaker 2: seeing shares that are down by more than three percent earlier,
Speaker 2: hitting their lowest levels since November. This is after the
Speaker 2: company's Platinum card refresh boosted expenses more than anticipated. We
Speaker 2: also did see profit that fell short of analysts expectations.
Speaker 2: So you are seeing Wall Street really selling off shares
Speaker 2: of this stock. But Apple or sorry Amex rather did
Speaker 2: say that it will boost its dividends sixteen percent.
Speaker 1: We'll see the stockmover's report from Bloomberg Radio check back
Speaker 1: with us throughout the day. For the latest roundup of
Speaker 1: companies making news on Wall Street, and for the latest
Speaker 1: market moving headlines. Listen to Bloomberg Radio Live, catch us
Speaker 1: on YouTube, Bloomberg dot com, and on Applecarplay and Android
Speaker 1: Auto with the Bloomberg Business app.