WEBVTT - Oracle Climbs, United Airlines Down

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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 2>Let's take a look at some stocks on the move today.

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<v Speaker 2>I'm Tim Staneveek along with Carol Masser with us as

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<v Speaker 2>Bloomberg News acutis reporter Alexandra Semenova.

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<v Speaker 1>Alex what are you watching? We, of course, guys have

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<v Speaker 1>to start with Oracle, because you just mentioned that headline

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<v Speaker 1>flashing across the Bloomberg terminal of a Wall Street Journal

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<v Speaker 1>report that says that Oracle Interestine Horowitz, and Silverlake are

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<v Speaker 1>poised to control TikTok in the US. Obviously, this is

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<v Speaker 1>big news, you know, when there was so much at

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<v Speaker 1>stake with this deal. This follows news that negotiations over

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<v Speaker 1>the future of the company are progressing, relieving some of

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<v Speaker 1>that uncertainty over you know, some of the key customers

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<v Speaker 1>in the US. President Trump had said that he's scheduled

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<v Speaker 1>to speak to Chinese President Shee didn Ping on Friday,

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<v Speaker 1>and this was part of the discussions. He said that

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<v Speaker 1>a framework to keep the app running in the US

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<v Speaker 1>was reached, and accordingly, the stock is up just a

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<v Speaker 1>little bit right now, about five tenths of a percent.

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<v Speaker 1>It was up as much as five point nine percent

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<v Speaker 1>earlier in the day. But also have to mention that

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<v Speaker 1>it has had an incredible run from its earnings report

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<v Speaker 1>last week, where it really wowed investors with its guidance,

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<v Speaker 1>and it's up eighty three percent year today.

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<v Speaker 2>It makes me wonder how this all fits together, because

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<v Speaker 2>obviously some of this stuff was moving along.

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<v Speaker 1>I guess we can kind of assume, but and I

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<v Speaker 1>guess they get the secret algorithm to TikTok or do

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<v Speaker 1>they not? It seems like it.

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<v Speaker 2>We don't know.

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<v Speaker 1>Again, all of this is just based on investor excitement

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<v Speaker 1>because it was about that guidance when they missed their earnings,

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<v Speaker 1>and now at this point we don't really have any

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<v Speaker 1>confirmation of how exactly they'll be involved, and yet investors

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<v Speaker 1>seem pretty enthusiastic about it.

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<v Speaker 2>United Airline Holdings just a quick line on it.

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<v Speaker 1>Yeah, we love a micro story that is a macro story.

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<v Speaker 1>And here he is saying that travel demand is going

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<v Speaker 1>up and it's showing that the economy is stronger than

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<v Speaker 1>statistics show. He said that airline demand is a good

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<v Speaker 1>real time indication here, and they're seeing a lot of

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<v Speaker 1>people booking for the holiday season. But of course one

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<v Speaker 1>thing that he said that he stood out, that stood

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<v Speaker 1>out to me is the front of the plane, you know,

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<v Speaker 1>the upper class seats UH getting a lot down much

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<v Speaker 1>much faster, you know, than economy, which is again a

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<v Speaker 1>testament to this bifurcation of economy that we're seeing between

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<v Speaker 1>higher and lowering come consumers.

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

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