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Speaker 1: Bloomberg Audio Studios, podcasts, radio news.

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Speaker 2: The Stock Movers podcast, your roundup of companies making moves

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Speaker 2: in the stock market, harnessing the power of Bloomberg data.

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Speaker 3: Let's take a look at some stocks on the move

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Speaker 3: on this Tuesday with us as Bloomberg News Managing Editor

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Speaker 3: for Bloomberg Markets here in studio, Christina Quino, Good to

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Speaker 3: have you here with us. We kick it off with

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Speaker 3: the bank name.

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Speaker 1: Let's kick it over the banks. Yeah, another great set

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Speaker 1: of results for Bank of America in City. We have

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Speaker 1: Bank of America record rating revenue again coming in just

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Speaker 1: over two billion dollars and the top line revenue high

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Speaker 1: US in a decade, just over twenty seven billion dollars.

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Speaker 1: City also having an equally great quarter here fixed sales

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Speaker 1: and trading revenue beating estimates and getting ever closer to

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Speaker 1: that profitability measure that Jane Fraser we're targeting. We're looking

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Speaker 1: at specifically the tangible common equity targeted that for ten

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Speaker 1: percent to eleven percent by the end of twenty twenty six,

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Speaker 1: and they're so close. They're at nine point one percent.

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Speaker 1: And you know, this is a set of results I

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Speaker 1: think that surprised even wells Fargo's Mike Mayo really calling

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Speaker 1: them surprising all the optimism because obviously the economic back

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Speaker 1: draw probably less optimistic. But yeah, volatility banks love it. Yeah,

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Speaker 1: thanks June.

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Speaker 3: Big banks doing just fine. I'm looking at the KVW

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Speaker 3: Bank Index. There's twenty four names twenty three or higher

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Speaker 3: in today's session. Only JP Morgan is slightly love.

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Speaker 4: Could be a couple of good gainers for you, Carol, Yeah,

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Speaker 4: I'm done. Okay, Well, speaking of that, I think this

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Speaker 4: one's on your list. Sit back and stream because Netflix

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Speaker 4: is reporting soon.

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Speaker 1: Yeah, Netflix is a reporting soon, but we did get

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Speaker 1: an advanced look at what we're going to be expecting

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Speaker 1: from them. Viatawall Street Journal. They're reporting that Netflix aims

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Speaker 1: to double its revenue and reach a trillion dollar market

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Speaker 1: cap by twenty thirty, so it wants to join the

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Speaker 1: trillion dollars market cop club. And you know, analysts jeterally

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Speaker 1: raving about this bem Will Capital Market saying that quote,

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Speaker 1: these ambitious goals are achievable given a best in class

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Speaker 1: leadership team. I do.

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Speaker 3: I have found myself watching more Netflix shows recently twenty

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Speaker 3: thirty though that's like four and a half years ago.

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Speaker 4: I want to be a trillion dollar company four and

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Speaker 4: a half years.

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Speaker 3: Yeah, it's a lot of time, I know. But what

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Speaker 3: can happen between now and then?

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Speaker 4: Yes, that is true, but that's the job of these

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Speaker 4: analysts to try to provide some sort of clarity on

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Speaker 4: what they think is going to happen.

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Speaker 3: Good headline, right, very good, trillion dollar market now five

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Speaker 3: percent higher for the day, yeah, up ten percent for

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Speaker 3: the year.

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Speaker 4: Five point six percent.

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Speaker 3: Now that is a gainer. As you said, Yes, let's

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Speaker 3: get to Maderna, what's going on there?

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Speaker 1: But you're not having such a good day to day,

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Speaker 1: down a more than three percent at the moment, and

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Speaker 1: that is because you know, everyone's watching for this panel

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Speaker 1: of CDC advisors that will be meeting for the first

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Speaker 1: time under HHS Secretary of Robert F. Kennedy Junior. They're

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Speaker 1: going to be reviewing data making recommendations in vaccine policy,

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Speaker 1: and so investors very much on guard for any changes

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Speaker 1: that will come there, especially because this group will definitely

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Speaker 1: evaluate several kinds of shots from all sorts of diseases.

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Speaker 1: So investors just kind of probably staying on the sidelines

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Speaker 1: a little bit until we know more that meaning is

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Speaker 1: going to happen until five point thirty today and then

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Speaker 1: again tomorrow from eight am to five ten, so it

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Speaker 1: could be some development to it.

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Speaker 2: The Stock Movers podcast from Bloomberg Radio. Check back with

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Speaker 2: us throughout the day for the latest roundup of companies

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Speaker 2: making news on Wall Street and for the latest market

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Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube,

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