1 00:00:02,520 --> 00:00:07,360 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 00:00:16,400 --> 00:00:17,720 Speaker 3: Let's take a look at some of the stocks on 5 00:00:17,760 --> 00:00:19,520 Speaker 3: the move today. We can do that with Bloomberg's Nora 6 00:00:19,640 --> 00:00:20,840 Speaker 3: Melinda nor What are you looking at? 7 00:00:21,079 --> 00:00:23,200 Speaker 4: Well, let's take a look at Tyson Foods. This is 8 00:00:23,280 --> 00:00:26,320 Speaker 4: take our TSN. We're seeing shares that were earlier lower 9 00:00:26,440 --> 00:00:28,280 Speaker 4: down as much as three point eight percent for their 10 00:00:28,320 --> 00:00:30,600 Speaker 4: worst day since May. But we are seeing a reversal 11 00:00:30,880 --> 00:00:33,640 Speaker 4: shares up about eight ten percent right now. This after 12 00:00:33,640 --> 00:00:37,440 Speaker 4: the company's first quarter profits benefited from higher beef pricing 13 00:00:37,520 --> 00:00:40,960 Speaker 4: as well as healthy chicken demand. So we did have 14 00:00:41,000 --> 00:00:43,479 Speaker 4: the beef business reporting one hundred and forty three million 15 00:00:43,520 --> 00:00:46,600 Speaker 4: dollars adjusted operating loss in the quarter, but the chicken 16 00:00:46,600 --> 00:00:50,120 Speaker 4: segment continued to see year over year growth. So see 17 00:00:50,560 --> 00:00:53,920 Speaker 4: clearly for the street, you just had to make more chickens. Exactly. 18 00:00:53,920 --> 00:00:55,600 Speaker 4: That's what it seems to like say, I. 19 00:00:55,560 --> 00:00:56,960 Speaker 3: Said that like a year and a half, two years ago, 20 00:00:57,040 --> 00:00:59,760 Speaker 3: it worked. Now it's not working. With the beef prices. 21 00:01:00,000 --> 00:01:02,080 Speaker 3: Makes a while to make more cows. I understand. Yeah, 22 00:01:02,480 --> 00:01:04,080 Speaker 3: I was talking to some ranchers and you said, it's 23 00:01:04,080 --> 00:01:05,000 Speaker 3: your thing's not going to work. 24 00:01:05,040 --> 00:01:07,040 Speaker 1: The cycle is a lot loss, right. I mean I 25 00:01:08,120 --> 00:01:10,120 Speaker 1: moved my mic because I was trying to gesticulate with 26 00:01:10,160 --> 00:01:11,759 Speaker 1: my chants just how long it can take make. 27 00:01:11,800 --> 00:01:14,880 Speaker 4: Make more cows, more of the story. All right? 28 00:01:14,920 --> 00:01:15,240 Speaker 2: What else? 29 00:01:15,400 --> 00:01:18,000 Speaker 4: Also looking at shares of Disney, this is ticker DS. 30 00:01:18,080 --> 00:01:21,200 Speaker 4: We're seeing shares lower by about four point seven percent 31 00:01:21,280 --> 00:01:23,200 Speaker 4: right now as we speak. This is all about the 32 00:01:23,240 --> 00:01:26,680 Speaker 4: outlook that a lot of analysts and investors are scrutinizing. 33 00:01:26,680 --> 00:01:29,760 Speaker 4: They're seeing the outlook as tepid, especially as we know 34 00:01:29,840 --> 00:01:32,120 Speaker 4: that the company is still preparing to find for a 35 00:01:32,160 --> 00:01:34,959 Speaker 4: new CEO. So we're also seeing that Disney is expecting 36 00:01:35,040 --> 00:01:39,120 Speaker 4: challenges attracting international tourists to its domestic parks in this 37 00:01:39,240 --> 00:01:42,600 Speaker 4: second quarter. But it also did warn of ongoing increased 38 00:01:42,640 --> 00:01:45,399 Speaker 4: costs for sports rights. So clearly all of this is 39 00:01:45,440 --> 00:01:48,600 Speaker 4: really weighing on shares, So we're seeing Barclay is also 40 00:01:48,600 --> 00:01:51,000 Speaker 4: saying that the key to evaluation recovery will be a 41 00:01:51,120 --> 00:01:55,280 Speaker 4: tendance recovery in parks and operating leverage for streaming. So 42 00:01:55,320 --> 00:01:57,400 Speaker 4: we are seeing shares slumping as much as eight percent 43 00:01:57,840 --> 00:02:00,800 Speaker 4: now pairing a bit, but earlier dropping for it's lowest 44 00:02:00,840 --> 00:02:01,840 Speaker 4: level since November. 45 00:02:02,360 --> 00:02:05,680 Speaker 3: All right, maybe with my kitchen sink strategy, which is 46 00:02:05,960 --> 00:02:09,040 Speaker 3: just dumping everything before they name the new CEO, right, low, 47 00:02:09,080 --> 00:02:11,079 Speaker 3: bar up, low the bar for the new CEO. 48 00:02:10,960 --> 00:02:13,800 Speaker 1: And you know, clean slate. Yeah, and then he kind 49 00:02:13,800 --> 00:02:15,080 Speaker 1: of sets the agenda, he sets. 50 00:02:14,919 --> 00:02:18,000 Speaker 4: The tiltone forward, yeah, all right, last one last stop. 51 00:02:18,040 --> 00:02:20,920 Speaker 4: Looking at shares of Oracle ticker O RCL, we're seeing 52 00:02:20,919 --> 00:02:23,120 Speaker 4: shares up by about two point four percent. This is 53 00:02:23,120 --> 00:02:25,240 Speaker 4: after the news that the company plans to raise as 54 00:02:25,280 --> 00:02:28,280 Speaker 4: much as fifty billion dollars this year to build out 55 00:02:28,320 --> 00:02:32,280 Speaker 4: cloud infrastructure capacity. So you're certainly seeing Wall Street rally 56 00:02:32,360 --> 00:02:33,960 Speaker 4: behind the stock. I mean, if you take a look 57 00:02:34,000 --> 00:02:36,480 Speaker 4: at year to date, though, we are seeing shares down 58 00:02:36,520 --> 00:02:38,960 Speaker 4: by about fourteen percent. But in terms of today, we 59 00:02:39,080 --> 00:02:40,600 Speaker 4: are seeing the stock in the green. 60 00:02:41,520 --> 00:02:45,560 Speaker 2: This Stock Movers report from Bloomberg Radio. Check back with 61 00:02:45,639 --> 00:02:48,240 Speaker 2: us throughout the day for the latest roundup of companies 62 00:02:48,280 --> 00:02:51,400 Speaker 2: making news on Wall Street and for the latest market 63 00:02:51,440 --> 00:02:55,880 Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 64 00:02:55,960 --> 00:02:59,480 Speaker 2: Bloomberg dot com, and on Applecarplay and Android Auto with 65 00:02:59,520 --> 00:03:00,959 Speaker 2: the bloom Borg Business app. 66 00:03:05,400 --> 00:03:05,760 Speaker 4: Mm hmm