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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 1: I'm Carol Masser along with Tim Stanevik. Let's get to

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Speaker 1: some of the stocks on the move on this Tuesday,

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Speaker 1: and with us is the one and only Bloomberg crossouse

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Speaker 1: At Reporter Emily Graffeo. All right, kiddo, where do we start?

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Speaker 3: So we can start right here in the present and

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Speaker 3: look at the post market and what's trading. We'll start

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Speaker 3: with what's up, and then we'll go to what's down.

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Speaker 3: But Capital One Financial tick our coof up almost four

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Speaker 3: percent in the post market. The earnings we were pretty good.

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Speaker 3: They beat on third quarter adjusted EPs, net revenue up

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Speaker 3: fifty four percent year over year.

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Speaker 1: Sounds kind of good, right, yeah, And this is.

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Speaker 3: An important company to watch one because we get a

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Speaker 3: little bit of a read on the consumer. They have

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Speaker 3: a big consumer facing arm even though they're a financial stock.

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Speaker 3: And also they had one of the biggest deals this year.

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Speaker 3: They bought Discover Financial. They acquired that company in May.

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Speaker 3: The CEO, Richard freyerbank Capital One CEO said the integration

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Speaker 3: of discovery continues to go well. So ticker COF Capital

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Speaker 3: one Financial four percent.

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Speaker 4: Okay, Capital one Financial. That company out with results. Some

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Speaker 4: other companies out with results too. What are you watching?

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Speaker 3: That's right? So Netflix ticker NFLX down about five percent

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Speaker 3: right now in the post market. The revenue forecast missed estimates.

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Speaker 3: They see revenue forty five point one billion, and they

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Speaker 3: saw a range that was that was in the midpoint

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Speaker 3: I guess of the range that they had previously forecasted.

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Speaker 3: And then there's also something else maybe that you wouldn't

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Speaker 3: think going on with the streaming company right now, but

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Speaker 3: they see that a tax dispute with Brazil cut into

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Speaker 3: third quarter earnings, maring results that otherwise fell in line

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Speaker 3: with Wall Street estimates. The streaming company had to pay

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Speaker 3: six hundred and nineteen million dollars to settle a multi

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Speaker 3: year tax to dispute with Brazilian authorities going back to

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Speaker 3: twenty twenty two. And Netflix said they would have been

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Speaker 3: forecasts if not for that expense.

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Speaker 1: That kind of came out of nowhere. It felt like

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Speaker 1: right the top.

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Speaker 4: They they called it that it was the first line

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Speaker 4: the press like this, you know, they said it's not

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Speaker 4: going to be an ongoing issue, but it was unexpected.

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Speaker 1: Nothing about maybe buying Warner Brothers. There was nothing in

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Speaker 1: there basically, how that was missing? Right, Yeah, Yeah, stay tuned,

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Speaker 1: Stay tuned.

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Speaker 3: A little backward looking All.

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Speaker 1: Right, let's talk about some of the earnings we got

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Speaker 1: earlier before the market close. But we're definitely on the move.

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Speaker 3: General Motors, Yeah, GM, taker GM. It was up to

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Speaker 3: a record high, and it was the biggest jump since

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Speaker 3: March twenty twenty. It finished the day up fifteen percent,

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Speaker 3: now trading at about sixty six dollars a share. Their

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Speaker 3: outlook boost, They boosted their full year outlook. They had

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Speaker 3: better than expected pickup truck sales and fresh relief from

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Speaker 3: the Trump add men's tariffs on auto parts. Of course,

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Speaker 3: anyone's been long and auto stock has been going on

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Speaker 3: a wild ride this year with all the headlines. But

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Speaker 3: this company is actually doing well, I guess from some

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Speaker 3: of that relief. And they said that they've seen a

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Speaker 3: jump in sales of high margin gas powered s u

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Speaker 3: vs and trucks.

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Speaker 1: Bringing on, Yeah.

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Speaker 4: We rented a high powered gas.

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Speaker 1: Anyway driving driving through some rough terrain.

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Speaker 4: They did, We did drive through yeah, to get to

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Speaker 4: the trailheads, Carol, good job, good job, Philip Morris.

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Speaker 3: Okay, so if we're staying on the like Americana theme,

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Speaker 3: like you're in your pickup trucks smoking as you smoke

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Speaker 3: a cigarette, but maybe people in those pickup trucks are

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Speaker 3: not smoking the cigarettes as much because Philip Morris. Their

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Speaker 3: stock fell today. Wall Streets skeptical here of their full

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Speaker 3: year forecast. So the forecast actually wasn't that bad, but

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Speaker 3: they said that the beat was driven by strong heated

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Speaker 3: tobacco unit volumes, but cigarette volumes were slightly below estimates.

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Speaker 3: So PM is the ticker there, and that stock dropping

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Speaker 3: finishing the day, let's see, sorry, it's.

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Speaker 1: Not loading, finishing the day at one hundred and fifty

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Speaker 1: two A shared down three point eight percent, so it

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Speaker 1: was down as much as ten percent earlier in the session.

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Speaker 3: It was a big drop here.

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Speaker 4: Yeah, part of it too, the company lowered the estimate

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Speaker 4: for growth and operating income because of higher investments in

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Speaker 4: the US where it's rolling out. It's Zen, nicotine pouches.

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Speaker 4: It's all about Zen, now, I guess, and the pouches.

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Speaker 3: So the Zen unit did beat estimates, but again this

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Speaker 3: is still I mean, this is a company that's associated

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Speaker 3: with cigarettes, so if that demand is falling, it's not

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Speaker 3: exactly something investors want to see. But yeah, you see

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Speaker 3: a lot of zin's on the street.

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Speaker 4: That's what I was going to ask you. And still

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Speaker 4: at the bars and stuff, people are people's in, people's inning.

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Speaker 3: Yeah, yeah, all.

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Speaker 1: Right, enough sending between the two of you.

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Speaker 2: The Stockmovers Report from Bloomberg Radio. Check back with us

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Speaker 2: throughout the day for the latest roundup of companies making

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Speaker 2: news on Wall Street and for the latest market moving headlines.

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