1 00:00:02,520 --> 00:00:07,000 Speaker 1: Bloomberg Audio Studios, Podcasts, radio News. 2 00:00:08,560 --> 00:00:12,440 Speaker 2: The Stock Movers report, your roundup of companies making moves 3 00:00:12,480 --> 00:00:15,880 Speaker 2: in the stock market, harnessing the power of Bloomberg Data. 4 00:00:16,520 --> 00:00:17,959 Speaker 3: Time to take a look at some of the stocks 5 00:00:17,960 --> 00:00:20,520 Speaker 3: on the move. I'm Lace Matteo alongside Paul Sweeney, and 6 00:00:20,560 --> 00:00:24,480 Speaker 3: we are joined by Bloomberg's Bildanna Heirich. Bildana, thanks for 7 00:00:24,560 --> 00:00:26,440 Speaker 3: joining us this morning. Do you want to talk about 8 00:00:26,600 --> 00:00:28,800 Speaker 3: Google parent Alphabet all over the headlines this morning? 9 00:00:28,880 --> 00:00:30,319 Speaker 4: Yeah, of course that's a big one. And we have 10 00:00:30,520 --> 00:00:36,240 Speaker 4: shares of Alphabet that's ticker Googl rising up one point 11 00:00:36,280 --> 00:00:39,920 Speaker 4: five percent currently. And the Google parent did report second 12 00:00:40,000 --> 00:00:43,879 Speaker 4: quarter results that beat expectations. The company said demand for 13 00:00:44,440 --> 00:00:49,880 Speaker 4: artificial intelligence products did boost quarterly sales and now requires 14 00:00:49,960 --> 00:00:53,640 Speaker 4: a big increase in capital spending in capex, and this 15 00:00:53,720 --> 00:00:56,640 Speaker 4: is something that's heightening pressure on the company to really 16 00:00:56,720 --> 00:01:00,720 Speaker 4: justify the cost of keeping up in the AI race, 17 00:01:00,760 --> 00:01:03,440 Speaker 4: which I know all of us are closely following among 18 00:01:03,480 --> 00:01:05,160 Speaker 4: all of the tech giants. 19 00:01:05,280 --> 00:01:07,120 Speaker 1: You know, them taking up their cap backs number. I 20 00:01:07,760 --> 00:01:09,840 Speaker 1: took it immediately as a bullish sign. I mean they're 21 00:01:09,920 --> 00:01:12,240 Speaker 1: ready to spend more on this AI thing. I don't 22 00:01:12,240 --> 00:01:14,319 Speaker 1: know what the playoffs is going to be. Dan Salmon, 23 00:01:14,720 --> 00:01:16,520 Speaker 1: where is he a benchmark securities? He came out a 24 00:01:16,600 --> 00:01:18,960 Speaker 1: good note a couple of days ago, really trying to 25 00:01:19,040 --> 00:01:21,560 Speaker 1: quantify the turn on invested capital for all all these 26 00:01:21,600 --> 00:01:24,720 Speaker 1: big hyper scalers, and the returns over time do scale 27 00:01:24,959 --> 00:01:26,440 Speaker 1: according to his work. So I have to see how 28 00:01:26,440 --> 00:01:26,760 Speaker 1: that goes. 29 00:01:26,800 --> 00:01:27,120 Speaker 3: All right. 30 00:01:27,160 --> 00:01:30,440 Speaker 1: One of my favorite companies, Las Vegas Sands. 31 00:01:31,000 --> 00:01:31,880 Speaker 4: Favorite. 32 00:01:33,600 --> 00:01:36,360 Speaker 1: There, and I love their property in Singapore and it's 33 00:01:36,400 --> 00:01:39,720 Speaker 1: doing well. I think there's an awesome property. You got 34 00:01:39,760 --> 00:01:42,200 Speaker 1: to see this. Go google the Las Vegas Sands Hotel 35 00:01:42,240 --> 00:01:44,960 Speaker 1: and in Singapore, the casino is up on the top floor. 36 00:01:45,800 --> 00:01:46,600 Speaker 1: It's just awesome. 37 00:01:46,680 --> 00:01:48,960 Speaker 4: I've not been to that one, but I did come 38 00:01:49,000 --> 00:01:52,040 Speaker 4: back from Vegas recently from a conference, which is why 39 00:01:52,120 --> 00:01:55,400 Speaker 4: this this stock and it's moved today was so interesting 40 00:01:55,440 --> 00:01:58,920 Speaker 4: to see. We actually we didn't say on this trip. 41 00:02:00,440 --> 00:02:04,600 Speaker 4: It was a conference and Bloomberg was paid. It was 42 00:02:04,640 --> 00:02:09,280 Speaker 4: a cheap one. 43 00:02:07,800 --> 00:02:10,799 Speaker 1: He don't worry about it. I'll take care of you. 44 00:02:10,919 --> 00:02:13,320 Speaker 4: But I was interested in it because some of the 45 00:02:13,760 --> 00:02:17,320 Speaker 4: some of the floors actually felt a bit empty to me. 46 00:02:17,440 --> 00:02:21,040 Speaker 4: So but we have Las Vegas Ayants taker L vs. Climbing. 47 00:02:21,320 --> 00:02:23,880 Speaker 4: Shares are climbing today, up some four percent, and the 48 00:02:23,919 --> 00:02:27,400 Speaker 4: Casino Resource Operator, as we just said, reported adjusted earnings 49 00:02:27,400 --> 00:02:29,600 Speaker 4: per share for the second quarter that beat the average 50 00:02:29,639 --> 00:02:32,840 Speaker 4: analyst estimates, and analysts were attributing the beat to the 51 00:02:32,919 --> 00:02:36,280 Speaker 4: solid performance in Singapore which was offsetting some weakness that 52 00:02:36,320 --> 00:02:37,440 Speaker 4: we saw in Macau. 53 00:02:38,160 --> 00:02:39,919 Speaker 3: And United Health also in the headlines today. 54 00:02:40,040 --> 00:02:42,000 Speaker 4: Yes, definitely that one has been, it feels like, in 55 00:02:42,000 --> 00:02:43,960 Speaker 4: the headlines for for quite a while. Shares it down 56 00:02:44,040 --> 00:02:47,440 Speaker 4: some three percent after news that the companies responding to 57 00:02:47,520 --> 00:02:50,919 Speaker 4: criminal and civil requests from the US Department of Justice 58 00:02:50,960 --> 00:02:54,160 Speaker 4: about some of its Medicare practices. UH and the company 59 00:02:54,720 --> 00:02:58,320 Speaker 4: did come out and confirm reports of these probes that 60 00:02:58,480 --> 00:03:02,120 Speaker 4: had been at it to shall we say, mounting challenges 61 00:03:02,280 --> 00:03:05,280 Speaker 4: for what is the largest US health insurer. 62 00:03:05,600 --> 00:03:09,000 Speaker 1: All right, you're in Singapore. You go to the Marina 63 00:03:09,240 --> 00:03:13,880 Speaker 1: Bay Sands. It's home to the rooftop Sands SkyPark with 64 00:03:14,000 --> 00:03:18,000 Speaker 1: the world's largest infinity pool, the Sands Expo and Convention Center, 65 00:03:18,200 --> 00:03:21,200 Speaker 1: and the Lotus inspired Art Science Museum brought to you 66 00:03:21,200 --> 00:03:21,840 Speaker 1: by Aubis. 67 00:03:22,200 --> 00:03:22,519 Speaker 2: Yeah. 68 00:03:22,560 --> 00:03:26,840 Speaker 1: Absolutely, two and sixty one rooms in suites, one point 69 00:03:26,880 --> 00:03:29,679 Speaker 1: four million square feet of gaming and retail space and 70 00:03:29,720 --> 00:03:31,760 Speaker 1: one point two main square feet of meeting space. It 71 00:03:31,880 --> 00:03:32,560 Speaker 1: is awesome. 72 00:03:32,600 --> 00:03:33,760 Speaker 3: Have you been to one mccount. 73 00:03:33,840 --> 00:03:36,960 Speaker 1: I've been to mccau and that is also a fantastic place. 74 00:03:38,200 --> 00:03:42,240 Speaker 2: This stock Movers report from Bloomberg Radio. Check back with 75 00:03:42,320 --> 00:03:44,880 Speaker 2: us throughout the day for the latest roundup of companies 76 00:03:44,960 --> 00:03:48,080 Speaker 2: making news on Wall Street and for the latest market 77 00:03:48,080 --> 00:03:52,560 Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 78 00:03:52,640 --> 00:03:56,160 Speaker 2: Bloomberg dot com, and on Applecarplay and Android Auto with 79 00:03:56,240 --> 00:03:57,720 Speaker 2: the Bloomberg Business app.