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

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Speaker 2: Stock Movers podcast, your roundup of companies making moves in

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Speaker 2: the stock market, harnessing the power of Bloomberg Data.

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Speaker 3: It's time to take a look at some of the

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Speaker 3: stocks on the move today. I'm Lis Mattel alongside Paul Sweeney,

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Speaker 3: and we are joined by Bloomberg's Natalia Nijevich. Want to

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Speaker 3: start out with well, Paul calls it Freedo lay It's Pepsi, Pepsi, pepsi.

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Speaker 3: But they have other brands, Gatorade, Quaker. How are they

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Speaker 3: doing so far?

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Speaker 4: Yeah, So, shares of pepsi tickets pepr are up by

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Speaker 4: six point four percent. The company maintained its outlook for

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Speaker 4: the year and also sales growth beat analyst expectations. Interestingly

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Speaker 4: that this sales growth is mainly driven by international UH

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Speaker 4: purchases and growth. I don't know what to make out

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Speaker 4: of it, because maybe I don't know. Americans don't drink

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Speaker 4: pepsi anymore, are you? No, I'm trying to be super healthy,

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Speaker 4: just water with lemon.

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Speaker 1: You guys are killing me here, I know, girl, my

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Speaker 1: sage here.

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Speaker 4: So, organic sales growth for the second quarter was two

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Speaker 4: point one percent, again beating expectations. Pepsi, however, said that

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Speaker 4: it continues to expect incremental supply chain costs throughout the

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Speaker 4: end of the year five percent. Lar Analysts is also

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Speaker 4: saying that North America food segment is still challenging. Growth

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Speaker 4: is coming from international sales, and RBC analyst is saying

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Speaker 4: that this stock price reaction is not actually surprising because

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Speaker 4: expectations were so low ahead of this report.

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Speaker 5: Okay, I mean again, you throw PEPs in from there's

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Speaker 5: a claim to drink that United Airlines.

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Speaker 4: Yes, United Airlines sticker u AL shares are up by

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Speaker 4: almost four percent. We know that the carrier dropped it's

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Speaker 4: adjusted earning expressure forecast for the full year. We know

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Speaker 4: that flight disruptions are driven by this air traffic control

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Speaker 4: outages and also construction in Newark Liberty International Airport dragged

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Speaker 4: some down some of those results, but United Airlines said

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Speaker 4: that the second half of this year could be a

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Speaker 4: little bit more predictable and the management said that there

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Speaker 4: is a chance that they could beat earning expectations. At

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Speaker 4: the same time, they also mentioned that this recovery among

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Speaker 4: low income consumers is still challenging. It still sits at

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Speaker 4: somewhere around fifty percent of what the company expected in

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Speaker 4: the beginning of the year, and they also said that

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Speaker 4: inflo from European tourists and international students is challenging. I

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Speaker 4: don't know what to make out of international students. Is

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Speaker 4: it like people are saving money or is it a

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Speaker 4: visa issue.

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Speaker 1: I think it's the latter.

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Speaker 5: I think I'm heard from Duke University it's a super

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Speaker 5: super big problem geting their international kids in. Yesterday, I

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Speaker 5: did the first thing, which I'm sixty one years old.

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Speaker 1: How often do I do something? For the first very rare.

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Speaker 1: I went to Newark Airport via mass transportation. I took

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Speaker 1: the subway to Penn.

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Speaker 5: Station and you're still alive New Jersey Transit to Newark Airport,

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Speaker 5: the air train to the airport, and then a little

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Speaker 5: shuttle bus.

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Speaker 1: From the AirTrain to Terminal A. I tell you it was.

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Speaker 1: I'm guessing half the.

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Speaker 5: Time from a car service from the Upper east Side

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Speaker 5: here because it takes an hour to get out of

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Speaker 5: the city from the Upper Eastside right all the time.

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Speaker 5: I think I'm going to do it all the time now,

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Speaker 5: so a new thing at this age, Go figure.

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Speaker 4: Lucid, Lucid, Yes, shares are by thirty seven percent, but

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Speaker 4: keep in mind on a twelve month basis they are

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Speaker 4: still down by twenty two percent. There's only one by

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Speaker 4: rating for the stock. We know that Uber Technologists is

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Speaker 4: partnering with Lucid and a startup called Neuro to launch

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Speaker 4: no Robotaxi fleet. The plan is to deploy about twenty

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Speaker 4: thousand robotaxes over the next six years, and separately, Lucid

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Speaker 4: also plans to do this one for ten reverse stock split.

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Speaker 4: Comes usually do that to avoid delisting. But you guys

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Speaker 4: spoke about this Robotaxi. I don't know if I would

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Speaker 4: be brave enough to take robotaxi in New York. I

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Speaker 4: don't think so, because people drive like crazy shit.

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Speaker 2: Thank you.

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Speaker 3: It's the wild West.

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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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Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube,

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Speaker 2: the Bloomberg Business app.