1 00:00:02,520 --> 00:00:09,960 Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The Stock Movers report 2 00:00:10,240 --> 00:00:13,440 Speaker 1: your roundup of companies making moves in the stock market, 3 00:00:13,680 --> 00:00:16,520 Speaker 1: harnessing the power of Bloomberg Data. 4 00:00:16,600 --> 00:00:17,880 Speaker 2: Right now, what we want to do is take a 5 00:00:17,920 --> 00:00:19,439 Speaker 2: look at some of the stocks on the move. 6 00:00:19,840 --> 00:00:23,440 Speaker 1: We'll do that today with Bloomberg's Noura Melinda Nora. 7 00:00:24,000 --> 00:00:26,200 Speaker 2: So what are we starting when we're starting ge Aerospace, 8 00:00:26,239 --> 00:00:28,960 Speaker 2: pretty good numbers for them. Well, there's clearly no shortage 9 00:00:29,000 --> 00:00:31,440 Speaker 2: of things to report on this morning. Looking at GE 10 00:00:31,480 --> 00:00:34,639 Speaker 2: Aerospace has sticker ge shares her up as much as 11 00:00:34,680 --> 00:00:37,800 Speaker 2: four point six percent. We are seeing a strong showing 12 00:00:37,880 --> 00:00:40,639 Speaker 2: from a lot of these aerospace and defense companies. This 13 00:00:40,680 --> 00:00:43,800 Speaker 2: is after GE Aerospace raised its full year outlook for 14 00:00:44,000 --> 00:00:46,800 Speaker 2: the second quarter in a row. Here the company citing 15 00:00:46,960 --> 00:00:49,720 Speaker 2: strong air travel demand. And of course we know this 16 00:00:49,760 --> 00:00:51,760 Speaker 2: has really just been a high flying stock this year, 17 00:00:51,840 --> 00:00:53,920 Speaker 2: a lot of Wall Street pouring money into it. Shares 18 00:00:53,960 --> 00:00:56,600 Speaker 2: her up about eighty five percent year to date, but 19 00:00:56,640 --> 00:00:59,760 Speaker 2: it really is that rebound in global air travel and 20 00:00:59,800 --> 00:01:03,040 Speaker 2: the rising demand for maintenance and new engines. Lisa, I 21 00:01:03,080 --> 00:01:05,520 Speaker 2: didn't fly down here, couldn't train I know he's here. 22 00:01:05,680 --> 00:01:07,679 Speaker 1: Amtrak tot care of us big time. I like, how 23 00:01:07,720 --> 00:01:11,040 Speaker 1: nor did the high flying Yes, I saw, Yes, I tried, 24 00:01:11,080 --> 00:01:14,400 Speaker 1: I t it hey Nor I spent nor. I spent 25 00:01:14,480 --> 00:01:17,040 Speaker 1: most of my career on Wall Street putting together Warner Brothers, 26 00:01:17,080 --> 00:01:18,320 Speaker 1: Discovery and all these assets. 27 00:01:18,440 --> 00:01:20,320 Speaker 2: Now it looks like the street wants to break it apart. 28 00:01:20,360 --> 00:01:22,319 Speaker 2: What's going on there seems to be the case. I know, 29 00:01:22,400 --> 00:01:24,920 Speaker 2: this is a space that you follow very closely here, Paul, 30 00:01:25,000 --> 00:01:28,720 Speaker 2: looking at shares of Warner Brothers. This is taker WBD 31 00:01:28,959 --> 00:01:31,320 Speaker 2: here soaring as much as twelve percent. That's for the 32 00:01:31,400 --> 00:01:34,040 Speaker 2: highest level since twenty twenty two. But the news here 33 00:01:34,080 --> 00:01:36,440 Speaker 2: being that the company said it started or a view 34 00:01:36,480 --> 00:01:40,440 Speaker 2: of strategic alternatives to maximize shareholder value in light of 35 00:01:40,520 --> 00:01:43,360 Speaker 2: unsolicited interests that it has received from multiple parties for 36 00:01:43,440 --> 00:01:46,959 Speaker 2: both the entire company and Warner Brothers here, and it 37 00:01:47,040 --> 00:01:50,120 Speaker 2: was earlier reported that Netflix and Comcasts are among the 38 00:01:50,160 --> 00:01:54,040 Speaker 2: interested parties here. Lots of parts, lots going on here, Paul, 39 00:01:54,080 --> 00:01:54,840 Speaker 2: in this situation. 40 00:01:55,440 --> 00:01:57,040 Speaker 1: Yeah, but what you have there is you have a 41 00:01:57,160 --> 00:01:59,960 Speaker 1: CEO and you have a board that wants to do 42 00:02:00,080 --> 00:02:02,840 Speaker 1: with deal. That's usually not the case. So even I 43 00:02:02,840 --> 00:02:06,320 Speaker 1: could get something done here, Where's paramount and all yes, 44 00:02:07,680 --> 00:02:11,800 Speaker 1: we need later leslie. Coca Cola. 45 00:02:12,360 --> 00:02:14,800 Speaker 2: Yes, let's look at a bit of the consumer space. 46 00:02:14,960 --> 00:02:17,440 Speaker 2: Not sure if you guys are avid drinkers of Coca Cola, 47 00:02:17,480 --> 00:02:20,680 Speaker 2: but we did see Coca Cola beating expect Okay, there 48 00:02:20,720 --> 00:02:23,880 Speaker 2: you go. Well they beat expectations clearly. Maybe you are 49 00:02:23,919 --> 00:02:27,640 Speaker 2: a contributor here, but Coca Cola ticker KO posting third 50 00:02:27,720 --> 00:02:31,680 Speaker 2: quarter sales growth that beat expectations. Here they had organic 51 00:02:31,720 --> 00:02:35,720 Speaker 2: revenue growth of six percent, adjusted earnings per share also 52 00:02:35,760 --> 00:02:38,800 Speaker 2: outpacing expectations. And this is all kind of due to 53 00:02:38,840 --> 00:02:41,480 Speaker 2: the price hikes and the low sugar drinks. It seems 54 00:02:41,520 --> 00:02:44,240 Speaker 2: as though a lot of customers are snapping up these 55 00:02:44,320 --> 00:02:46,960 Speaker 2: drinks based off of those different propelling factors. 56 00:02:47,000 --> 00:02:52,320 Speaker 1: Here the Stock Movers Report from Bloomberg Radio. Check back 57 00:02:52,320 --> 00:02:54,560 Speaker 1: with us throughout the day for the latest roundup of 58 00:02:54,600 --> 00:02:57,920 Speaker 1: companies making news on Wall Street and for the latest 59 00:02:57,919 --> 00:03:02,120 Speaker 1: market moving headlines. Listen to Bloomberg Radio Live, catch us 60 00:03:02,160 --> 00:03:05,880 Speaker 1: on YouTube, Bloomberg dot com, and on Applecarplay and Android 61 00:03:05,919 --> 00:03:07,880 Speaker 1: Auto with the Bloomberg Business app.