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Speaker 1: Bloomberg Audio Studios, podcasts, radio news.

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Speaker 2: The Stock Movers podcast, 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: I'm Tim Stanebek along with Carol Masser. Let's take a

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Speaker 3: look at some stocks on the move today. Red Brown

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Speaker 3: is Bloomberg News earnings reporter. Read Micron in the after hours.

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Speaker 1: What's going on?

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Speaker 4: Yeah, Micron really kind of blew the lid off of

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Speaker 4: their earnings this evening. Really high expectations heading in to

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Speaker 4: this report. They were able to post a revenue outlook

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Speaker 4: that actually was about one billion dollars higher than what

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Speaker 4: was expected from analysts. So yeah, you know, they had

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Speaker 4: really high expectations heading in and seems like they delivered

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Speaker 4: kind of across the board. Shares We're up around seven

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Speaker 4: percent now, pairing those losses as we head into the

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Speaker 4: call later this evening.

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Speaker 5: Yeah, pretty impressive considering the stock the bounce back it

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Speaker 5: has had since April, and then to see it come

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Speaker 5: out and investors are like, yeah, we're impressed, right and

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Speaker 5: send it higher in the after hours.

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Speaker 1: Yeah, definitely.

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Speaker 4: I mean, I think investors who have been looking for,

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Speaker 4: you know, a way to get more AI exposure that

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Speaker 4: isn't named in video will be very happy with this report, right, So, yeah,

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Speaker 4: it seems like just really positive across the board and

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Speaker 4: video just since we mentioned it not really moving right now.

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Speaker 4: So this definitely seems like a Micron story for the

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Speaker 4: time being.

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Speaker 1: All right, Taco Bell about video back right right?

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Speaker 5: Yeah?

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Speaker 1: Yeah, sure, Sorry, you wanted to talk chips, micro chips.

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Speaker 3: I wanted to talk food because that's who I am, KFC,

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Speaker 3: Taco Bell, Pizza Hut, and Habit, which I didn't realize

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Speaker 3: as part of Young Brands.

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Speaker 4: Yeah you can. You want to talk tortilla chips.

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Speaker 1: Yeah, Taco Bell. Young Brands also on your radar? What's

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Speaker 1: going on? Yeah, Young Brands?

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Speaker 4: That the ticker is why you am upgraded by JP

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Speaker 4: Morgan analysts this morning. It's actually the second upgrade they

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Speaker 4: had this month. It seems like the kind of feeling

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Speaker 4: around the stock is just you know, positive momentum. They're

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Speaker 4: growing quite well. They're actually one of the best performing

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Speaker 4: restaurant companies this year. Shake Shack up around three percent,

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Speaker 4: McDonald's down two percent, so and then you have Yum,

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Speaker 4: which is up around ten percent for the year. So

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Speaker 4: I'm still posting really positive sales growth. I think analysts

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Speaker 4: are calling for a third consecutive double digit quarter of

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Speaker 4: growth for them, and I think that's you know, maybe

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Speaker 4: that doesn't sound like much, but kind of given where

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Speaker 4: things have been in the more recent history, it's pretty

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Speaker 4: impressive growth that they're able to do. New CEO coming

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Speaker 4: in as well, kind of have more continuity. There is

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Speaker 4: kind of the feeling from analysts, So yeah, no reason

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Speaker 4: to kind of be spooked by by the change of management.

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Speaker 4: And yeah, just keep continuing in the in the right direction.

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Speaker 1: You're on a long.

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Speaker 5: Drive on the highway, go over to one of those

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Speaker 5: rest spots. It's either KFC or Taco Bell. What do

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Speaker 5: you do, Tim, I'm a Taco Bell guy.

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Speaker 1: I know you're a Taco Bell guy. What about you

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Speaker 1: go hungry? Oh, they tell me you pack some salad,

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Speaker 1: you pull it out of the cooler.

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Speaker 4: That's what it'll be, maybe some like nuts and raisins

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Speaker 4: or something.

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Speaker 1: Maybe the side of the room a little. You're a

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Speaker 1: young Oh my god, we enjoy yourself.

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Speaker 4: I have both. I have like all of them in

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Speaker 4: my neighborhood. So maybe it's just too close to home.

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Speaker 4: Too many like late nights stumbles home into those I.

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Speaker 1: Have it enough. There we go.

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Speaker 5: He finally got real, I know, speaking of living a

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Speaker 5: little Let's go to Bumble.

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Speaker 4: Yeah, shares are surging twenty five percent today, one of

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Speaker 4: their best one day performances since since May. And that's

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Speaker 4: coming off of the back of returning CEO Whitney wolf

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Speaker 4: Heard coming back making some really drastic changes. She's she

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Speaker 4: now today they will be cutting two hundred and forty jobs. Yeah,

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Speaker 4: it's around thirty percent of the workforce. So you know

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Speaker 4: that does hurt obviously the people at Bumble, but it

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Speaker 4: will free up around forty million dollars annually, is what

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Speaker 4: the company is projecting, which they intend to put into

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Speaker 4: more strategic initiatives reinvigorate growth into that business.

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Speaker 1: People still date. What can I tell you? Maybe I'll

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Speaker 1: talk of all date. I'm like, that's so far removed

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Speaker 1: from my life.

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Speaker 3: Like I'll just tell you when I met my wife,

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Speaker 3: they didn't even.

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Speaker 1: Have ass for data. Please, That's where I'm like preaching.

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Speaker 1: Do a big choire over here.

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Speaker 2: The Stock Movers podcast 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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Speaker 2: making news on Wall Street. And for the latest market

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