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Speaker 1: Bloomberg Audio Studios, Podcasts, radio News.

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Speaker 2: The Stock Movers Report, 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 have a look at some of the stocks on

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Speaker 3: the move today here in Europe. I'm Caroline Hepcat alongside

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Speaker 3: Tom McKenzie. I we're joined by Bloomberg's Equities Report to

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Speaker 3: Joe Eastern Hijo. Summer holiday season is in the air.

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Speaker 3: We're thinking about EasyJet results. Also, they're talking about new jets.

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Speaker 3: I mean there's been a lot of kind of jet

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Speaker 3: purchase news recently. Is the market impressed with Easyjets?

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Speaker 1: Yes, there's kind of two bits of news on that.

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Speaker 1: One isn't there So, as you mentioned, those deliveries not

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Speaker 1: helping in terms of some of their jets. So they've

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Speaker 1: struggled to reduniate their fleet over EasyJet of all those

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Speaker 1: Airbus and Boeing planes because of delays at both those companies.

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Speaker 1: So that is kind of an element of their earnings

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Speaker 1: report today. But then the other issue is actually the

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Speaker 1: first half sales week and then expected at easy yet

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Speaker 1: kind of a little bit of a surprise. I think

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Speaker 1: alysts were expecting this to be much better in terms

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Speaker 1: of the last half of the year. But in the

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Speaker 1: statement and the CEO speaking to Bloomberg as well today,

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Speaker 1: they do seem to say that their summer bookings have

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Speaker 1: been really strong. That's kind of what we said what

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Speaker 1: we heard from Ryan Air as well. So the kind

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Speaker 1: of the outlook in terms of where things are going

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Speaker 1: for the rest of the year seems a lot more positive.

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Speaker 1: But at the moment, the stock is down almost two percent,

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Speaker 1: and Joe, look, I know this is a personal one

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Speaker 1: for you and a pain point. After last night's result,

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Speaker 1: Man United season seems to be going from.

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Speaker 2: Bad to worse.

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Speaker 3: About the share impact then it is.

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Speaker 1: Yeah, no, and it makes it all the more difficult

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Speaker 1: to talk about as Tottenham won, which I never never

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Speaker 1: is something I like to see.

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Speaker 2: But look, that's.

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Speaker 1: Where we are and Manchester United. Because Tottenham won the

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Speaker 1: game beating man United, that stock it's quite interesting. Being

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Speaker 1: a bit of a bit of the nerd that I am,

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Speaker 1: I was actually watching man United share price during the

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Speaker 1: game when Tottenham scored. You saw the stock move lower

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Speaker 1: quite cold, Yeah exactly, So yeah, yeah, the only way

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Speaker 1: to watch that is just sums Joe Eastern up but

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Speaker 1: the financial impact is that man United will now not

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Speaker 1: have a slice of the two point five billion euro

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Speaker 1: prize pot that comes with qualification for the Champions League,

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Speaker 1: so that is the total pot that's available. Also, participation

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Speaker 1: in the top competition of the Champions League would probably benefit

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Speaker 1: ticket sales, commercial agreements, the ability to attract new players.

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Speaker 2: It was really a.

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Speaker 1: Game changing all or nothing match given how poorly they

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Speaker 1: performed in the league, finishing well on track to finish

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Speaker 1: sixteenth in the league, but in that final which would

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Speaker 1: have given them Champions League football, So financially it was

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Speaker 1: an absolute game changer and therefore we're going to see

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Speaker 1: the stock open lower in the pre marketing around three

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Speaker 1: minutes time, and I expect that to be significantly lower today.

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Speaker 3: Isn't sixteenth bottom?

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Speaker 1: Is that sixteen out of twenty they finished in the

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Speaker 1: league and Tottenham seventeenth, but they both got to the final.

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Speaker 1: So there's never been a game like that really in

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Speaker 1: the history of the channel of the European competitions because

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Speaker 1: normally teams that get to those finals finish in the

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Speaker 1: top positions in the league.

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Speaker 3: I've got to ask you, sorry, was this on TV?

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Speaker 3: Were you in a pub no.

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Speaker 1: I was at home. I mean, obviously I had my

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Speaker 1: pre match napped in order to.

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Speaker 3: Read for the viewing stage. All right, there we go,

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Speaker 3: fitty chat. But look, let's end on BT forecasting flat

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Speaker 3: earnings this year. What investors making of their position.

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Speaker 1: So BT a bit of a change of place. BT

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Speaker 1: is reporting a drop down in the number of broadband

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Speaker 1: lines that they've installed via open reach. These are the

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Speaker 1: guys that come around and fit all your cables in

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Speaker 1: when you get new Internet. They actually put it a

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Speaker 1: drop down in two hundred and forty three thousand broadbound

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Speaker 1: lines in the course, and that is apparently a sign

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Speaker 1: of increased competition. I wasn't really, I seem to only

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Speaker 1: think of open reach when I think of these companies.

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Speaker 1: But apparently there are other broadband lines available and they

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Speaker 1: are seeing competition, and therefore BT stock is declining two

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Speaker 1: and a half per cent to day, purely driven by

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Speaker 1: that openreach weakness.

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Speaker 2: The stock Movers report 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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