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Speaker 1: I'm David Weston introducing you to the new Stock Movers

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Speaker 1: podcast from Bloomberg. The show brings you short episodes five

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Speaker 1: minutes or less, covering the stocks making gains and losses

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Speaker 1: in today's trading. Subscribe to Stock Movers on Apple, Spotify,

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Speaker 1: or wherever you get your podcasts. Now. Here's a sample

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Speaker 1: of the latest episode from my colleagues at Bloomberg Bloomberg

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Speaker 1: 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: Just take a look right now with some of the

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Speaker 3: stocks on the move today with Lisa Ione. Tell you, Lisa,

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Speaker 3: what do you have?

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Speaker 4: All Right?

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Speaker 5: We're starting with Tesla because their shares have been down

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Speaker 5: more than four percent before the bell reports earnings tomorrow. Right,

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Speaker 5: But the big thing is that Webosh Security is analyst

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Speaker 5: Dan ives. He said the company faces this quote code

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Speaker 5: red moment as it prepares for that earnings report. He

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Speaker 5: also pointed out that Elon Musk should step back from

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Speaker 5: his work a Doge to focus on Tesla. He says

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Speaker 5: that an involvement in the White House has really led

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Speaker 5: to this brand damage in the company. If you remember

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Speaker 5: two weeks ago, two ives, he slashed the price target

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Speaker 5: for Tesla stock by forty three percent.

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Speaker 6: So that's one piece.

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Speaker 5: Then you have another piece the Barclays lowering its price

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Speaker 5: target on Tesla.

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Speaker 6: That happened late Thursday.

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Speaker 5: And then you have this report from Reuters out that

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Speaker 5: Tesla is delaying the launch of those more affordable cars.

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Speaker 5: It's been talking about giving these you know, more affordable evs,

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Speaker 5: but now they're saying that that could be delayed. So

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Speaker 5: it's kind of it's pushing down the macseep, but it's

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Speaker 5: leading the losses in the maccpent.

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Speaker 3: RIGHTO long weekend here, I mean, am I right? Mister

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Speaker 3: Musk has sort of disappeared. Maybe he's good Tesla.

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Speaker 6: I don't know.

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Speaker 4: It's interesting, but when he lose dan ives, that's a

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Speaker 4: that's a challenge for the stock, I would say, So

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Speaker 4: we'll see how that plays out. But again, most definitely

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Speaker 4: the fundamentals are concerning to a lot of people deliver on.

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Speaker 3: Fifth Avenue this weekend and they get claimed Easter Parade,

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Speaker 3: which is a really wonderful celebration.

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Speaker 5: He was just dressed normal, exactly, and all these two

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Speaker 5: dollars I'm sure. So I want to point out Capital

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Speaker 5: one Financial. Their shares have been up about four percent

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Speaker 5: this morning. The reason why bank regulators approved their thirty

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Speaker 5: five billion dollar acquisition of Discover. Now this happened late Friday,

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Speaker 5: of Discover shares arising too, they're up about as much

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Speaker 5: as seven percent. But the deal could create the nation's

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Speaker 5: biggest credit card issuer by loan volume. But the reason

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Speaker 5: why this is kind of standing out is because this

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Speaker 5: decision was awaiting whether the DOJ would sue to block

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Speaker 5: the acquisition.

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Speaker 6: People were waiting for that.

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Speaker 5: Some were worried it could harm competition, but then you

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Speaker 5: had Antitrust Division chief said that there wasn't enough evidence

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Speaker 5: to challenge that. So it's expected to close on May eighteenth.

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Speaker 5: But it really could unlock some things for Capital One.

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Speaker 5: For one, it could unlock at least one point two

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Speaker 5: billion dollars in annual revenue because in the past they

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Speaker 5: only had to rely on Visa MasterCard and that was

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Speaker 5: it for them to issue its credit cards. But with

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Speaker 5: Discover they can kind of cut out the middlemen and

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Speaker 5: then have more control over the prices that merchants are chards.

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Speaker 5: Every time that you know, can someone swipes one of

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Speaker 5: its credit cards, so that was kind of interesting there.

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Speaker 5: And then if we check back in with stocks that

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Speaker 5: were moving before the holiday, before we had the break

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Speaker 5: right that, some of them are still moving, but some

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Speaker 5: in a different direction.

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Speaker 6: For example, if you remember we talked about Hurts last week, right,

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Speaker 6: they had.

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Speaker 5: That big rally news Bill Ackman's person square taking a

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Speaker 5: big stake in the company. But if we look at

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Speaker 5: the shares before the bell, they're off as much as

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Speaker 5: twelve percent, So that's a big turnaround for Hurts.

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Speaker 6: And then you have Netflix still riding that wave.

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Speaker 5: It shares are up about three percent results after the

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Speaker 5: bell showed right before the holiday, forecasted revenue the second

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Speaker 5: quarter beat and estimates, but also only see the company's

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Speaker 5: business as resilient.

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Speaker 6: That's how they're describing it. So Netflix kind of still riding.

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Speaker 4: What do you think, Paul, Yeah, absolutely, I agree with

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Speaker 4: all of that. I mean, we'll see here they're trying

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Speaker 4: to push through a lot of you know, the price

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Speaker 4: increases across the board of trying to drive up their

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Speaker 4: advertising revenue and that whole password sharing thing that k

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Speaker 4: work down on that.

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Speaker 3: Disney's out with and or like soon this weekend. I

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Speaker 3: guess it did well. I watched a couple of episodes

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Speaker 3: and stop watching it. But who's number two? Well, is

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Speaker 3: there a number two?

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Speaker 4: Well, I think it's streaming. Disney is a clear number two.

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Speaker 4: They are profitable, But what's it mean to be number

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Speaker 4: two these days? At this point, it doesn't seem like

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Speaker 4: a whole lot, but there if you look at the

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Speaker 4: profitability for their streaming business, it does ramp up a pretty.

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Speaker 3: Crime compete because they have the biggest catalog.

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Speaker 4: Right Amazon Prime's got the you know, the biggest balance sheets,

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Speaker 4: so they can buy their way.

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Speaker 3: Is Keena's watching step McQueen and Candas Bergen this weekend?

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Speaker 3: The Netflix doesn't have that. That's you know, that's a movie, Lisa,

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Speaker 3: Candice Bergen.

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Speaker 5: Okay, you mentioned Zizzy. Actually they were upgraded to Apple

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Speaker 5: form at Wolf Research, so he's getting a little upgrade there.

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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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