WEBVTT - Weekly Roundup: Disney Falls on Earnings, Warner Bros. Discovery Draws Interest, Walmart Slides

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<v Speaker 1>Bloomberg Audio Studios, Podcasts, radio News.

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<v Speaker 2>The Stock Movers report, your roundup of companies making moves

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<v Speaker 2>in the stock market, harnessing the power of Bloomberg Data.

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<v Speaker 1>I'm Carol Masser along with Tim stand of It. Let's

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<v Speaker 1>get to some stocks on the move this past week.

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<v Speaker 1>We're joined by Bloomberg News earning specialist Rachel Pua joining us. Rachel,

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<v Speaker 1>interesting week, no doubt about it. So Disney tell us

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<v Speaker 1>about the week's move overall taker, of course.

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<v Speaker 3>Is dis Yes, so Disney it reported yesterday with sales

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<v Speaker 3>that were behind expectations. It also said that nix Quata

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<v Speaker 3>will be affected by expenses tied to huge releases like

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<v Speaker 3>the Nicks Avata film and Utopia to the company, No, Bloomberger,

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<v Speaker 3>it's investing in area such as bundling with other streaming platforms,

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<v Speaker 3>and this is going to cost many an I into profits,

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<v Speaker 3>but invest this one exactly pleased.

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<v Speaker 4>I've never seen Avatar, not even the first one. No,

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<v Speaker 4>could you see it? Yeah, the first one I saw

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<v Speaker 4>years ago.

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<v Speaker 5>I mean we're talking like in the theater, Imax theater

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<v Speaker 5>two thousand and eight, thousand and nine, back, I don't know.

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<v Speaker 4>Audio and Doug like, yeah, he liked it. Okay, first

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<v Speaker 4>one's good TBD TBD for me at least. Okay, maybe

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<v Speaker 4>we have to just see it too.

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<v Speaker 5>The spoiler alerts for the twenty year old movie for

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<v Speaker 5>Carol everybody, Warner Brothers.

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<v Speaker 4>I'm the same way with a lot of meat. There's

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<v Speaker 4>a whole list.

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<v Speaker 5>My wife's be such a hard time because they're all these.

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<v Speaker 4>I think you watched so much.

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<v Speaker 5>No, I mean we watch, Like, first of all, I'm

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<v Speaker 5>very busy, so I'm not watching. Okay, yeah, definitely not.

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<v Speaker 5>Definitely too busy to watch. Sorry, Tims, be busy, too busy.

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<v Speaker 5>All right, let's go to where do you want to go?

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<v Speaker 5>I want Rachel to save us with Warner speaking of entertainment.

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<v Speaker 3>Yeah, so not entertainment company, and then used this is

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<v Speaker 3>Tika WBD.

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<v Speaker 4>We know what it.

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<v Speaker 3>It's been looking to split its keyboard network, swim at

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<v Speaker 3>studio and streaming business and now Wanner Broadus has said

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<v Speaker 3>that is setting on November twentyth dateline for BITS, and

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<v Speaker 3>it's gotten a lot of interest from rivals. You know,

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<v Speaker 3>we know that there's Paramount, which still wants to buy

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<v Speaker 3>the entire company after making multiple office that's been rejected.

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<v Speaker 3>Then there's also Comcasts and Netflix, which are both interested

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<v Speaker 3>in the TV and movie studios, and HBO Max but

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<v Speaker 3>not so much. It's Keble channels.

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<v Speaker 5>Oh that's interesting. Okay, yeah, we'll see what happens. This

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<v Speaker 5>is the one that is under.

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<v Speaker 4>Well, well we can go ahead, go ahead. Oh I

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<v Speaker 4>was just this is the one that you know, it's like,

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<v Speaker 4>who's going to buy what?

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<v Speaker 1>I know?

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<v Speaker 4>That's the what do you think Warner Brothers?

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<v Speaker 1>Don't she don't look at my Blueberg?

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<v Speaker 4>How much is up this year? Seventy percent?

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<v Speaker 1>One hundred and seventeen percent?

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<v Speaker 4>Wow? Yeah, okay, sorry, Rachel, we're a little what happened

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<v Speaker 4>last year? But you know, and like it's been beat up.

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<v Speaker 5>Oh yeah yeah, and it's all over news about like

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<v Speaker 5>longer person giving it up for pieces.

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<v Speaker 1>I know, I know right, it's it's for sale, folks. Walmart,

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<v Speaker 1>let's talk about that one tick or w MT.

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<v Speaker 4>Yeah.

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<v Speaker 3>So CEO Doug McMillan analysis that he is planning to

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<v Speaker 3>step down in febshe after four decades with Walmart and

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<v Speaker 3>eleven years as a CEO. He will be replaced by

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<v Speaker 3>John Ferner, who had been hitting Walmart us and he's

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<v Speaker 3>kind of been assumed to be the one who would

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<v Speaker 3>take over. So shares were down earlier today, which shows

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<v Speaker 3>that investors were wrapped up by the news because there's

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<v Speaker 3>clearly a lot to do right now right now. You know,

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<v Speaker 3>there's AI, there's the economy, there's automation kind of affecting workers.

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<v Speaker 2>The Stock Movers report from Bloomberg Radio. Check back with

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