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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: Let's take a look at some of the stocks on

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Speaker 3: the move today. I'm Paul Sweeney with Jess Menton and

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Speaker 3: Bloomers List Matteo, Lisa, what do you got? Okay?

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Speaker 1: So we're starting with Pinterest, right, their shares have been

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Speaker 1: up as much as eleven percent before the bell. So

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Speaker 1: this is an app where you get like creative ideas, right,

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Speaker 1: you buy products through pins that take you to a

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Speaker 1: merchant's website. That's exactly how it works. Yeah, so that's

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Speaker 1: exactly right. The specifics though, some good news, so second

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Speaker 1: quarter revenue at top estimates. The CEO said it's because

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Speaker 1: of its ability to leverage AI, so AI becoming a

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Speaker 1: big part of it. It's been helping to like personalized

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Speaker 1: users experience. But they say it gives advertisers this early

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Speaker 1: sign on trends before they show up in the purchasing data,

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Speaker 1: so they're giving them like the advantage the upper edge.

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Speaker 1: But analysts say the rise tariffs could be a risk

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Speaker 1: because you have those large Asian advertisers that are starting

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Speaker 1: to pull out on spending because of what's going on

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Speaker 1: with tariffs. But it's just like another look into the

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Speaker 1: digital ad market. It's something we've been talking about, right, Amazon, Alphabet, Meta,

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Speaker 1: all those different companies saying that it's healthy. So there's

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Speaker 1: another sign.

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Speaker 3: I mean it's it's the digital media has been really

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Speaker 3: strong relative to taking share from traditional media and you know, radio, television, print,

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Speaker 3: all that kind of stuff. That's been a fifteen twenty

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Speaker 3: year story and continues to be the case.

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Speaker 1: Yeah. Okay, And when you guys travel, do you ever

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Speaker 1: use Expedia or like any of these nationally?

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Speaker 3: Usually I do, you know what I'm san, here's a

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Speaker 3: bucket list item we're doing. Literally, I think we're gonna

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Speaker 3: book today. Ooh, Kentucky Derby. I would saying, got to

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Speaker 3: go to Kentucky Derby. It's a bucket list thing. And

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Speaker 3: I think so we just caught up our gown and said,

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Speaker 3: just whatever do it package.

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Speaker 1: It just seemed like the pestels and the head.

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Speaker 3: We all said, so that might be an offering for next.

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Speaker 1: Well, some people will do that, they do book through Expedia,

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Speaker 1: but they're not. Lately, their shares have been down as

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Speaker 1: much as ten percent. They have Expedia dot Com, Hotels

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Speaker 1: dot Com. Also Verbo was part of Expedia. Travel demand

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Speaker 1: they say in the US is down. The CFO said

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Speaker 1: two thirds of their business comes from the US, so

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Speaker 1: this is like a big hit for them. Whereas you

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Speaker 1: have their rivals like Booking Holdings Airbnb, they get more

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Speaker 1: of their revenue abroad instead of from the US, so

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Speaker 1: it cut its full yer outlook gross bookings and revenue.

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Speaker 1: The interesting thing is that he added that near a

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Speaker 1: thirty percent drop in inbound bookings from Canada that drove

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Speaker 1: seven percent decline overall inbounds.

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Speaker 3: They're not happy, No, I understand it. I understand they're

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Speaker 3: not happy.

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Speaker 1: They're hot. They did have one bright spot that that

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Speaker 1: was profitability. Their first quarter madjested earnings per share did

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Speaker 1: top estimates. So if you're going from flying, right you

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Speaker 1: go to driving, you get a lift or my case

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Speaker 1: sometimes I go to Uber first, but lift it's been

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Speaker 1: getting the boost shares as much as eleven percent. They've

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Speaker 1: been up before the bell Booking Outlook beat on top

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Speaker 1: of that, right increase sixteen percent. So here's where they

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Speaker 1: see expansion. Less densely populated markets like Indianapolis. That was

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Speaker 1: really good for them, offering higher margin those premium rides.

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Speaker 1: People are getting more of the premium rides in US regions,

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Speaker 1: and Uber had the disappointing results. So this is kind

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Speaker 1: of like a bright spot in the whole ride share space.

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Speaker 1: And it also now so a big thing for them

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Speaker 1: was that expanded share buyback program.

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Speaker 3: Stock up ten percent pre market got flat on the year,

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Speaker 3: but down twenty five percent over the past year. It's

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Speaker 3: just it's amazing the divergence of these two companies, Lift

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Speaker 3: and Uber. I mean, Uber's like ten times the size

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Speaker 3: in terms of market capital.

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Speaker 1: We especially when you think about the margins and then

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Speaker 1: also expanding out to Uber eats and the other types

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Speaker 1: of deliveries where Lift is more limited in that regard.

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Speaker 3: Yeah, it's just amazing, But I don't know, it seems

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Speaker 3: like there's a market it does.

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Speaker 2: Do you know?

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Speaker 1: What's booming to is that those buy now, pay later

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Speaker 1: companies like that one their share still we're down. They

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Speaker 1: gave this revenue FOURCA trailed estimates. But it's a highly

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Speaker 1: competitive place, right you know, Klarma. Then you have offerings

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Speaker 1: from PayPal and block on top of it, and there

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Speaker 1: was some positive news today, actually out of a firm

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Speaker 1: that it's looking into a deal with Costco so now

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Speaker 1: online okay in their bill over time.

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Speaker 2: The Stock Movers podcast from Bloomberg Radio. Check back with

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Speaker 2: us throughout today 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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