Speaker 1: Bloomberg Audio Studios, Podcasts, radio News.
Speaker 2: The Stock Movers Report, your roundup of companies making moves
Speaker 2: in the stock market. Harnessing the power of Bloomberg Data.
Speaker 3: Let's take a look at some of the stocks on
Speaker 3: the move today. We can do that with Maria Klaudacobo
Speaker 3: Crypto reporter, Bloomberg News Ecuador supporter Maria. What are you
Speaker 3: looking at today?
Speaker 1: Hey, thank you for having me today. I'm watching Apple.
Speaker 1: That's sticker AAPL. Bloomberg News reported today that the company
Speaker 1: is rising prices of max iPads home devices and the
Speaker 1: Vision Pro and the share as well as much as
Speaker 1: five percent today. The price hikes one Life on its
Speaker 1: online retail store today, but the company did not raise
Speaker 1: the prices of iPhones, Apple watches, AirPods prices, but it
Speaker 1: did hands hints at a future hike for prices for
Speaker 1: those items, and so they might be coming at some
Speaker 1: point as well.
Speaker 4: Could be happening maybe in September. We're hearing sons, don't
Speaker 4: they have their event in September? The event September? Okay, So,
Speaker 4: and some of these prices are kind of significant. I
Speaker 4: was looking at was it the the mac one of
Speaker 4: the macs up by two hundred dollars. That's right, that's big.
Speaker 4: That's big. Okay, let's talk about Trip dot Com. What's
Speaker 4: going on there?
Speaker 1: Yeah, So that would be Tcom and their shares are
Speaker 1: falling today. The company reported adjusted earnings for the first
Speaker 1: quarter that missed analyst estimates, and the online travel agency
Speaker 1: also expects a slower second quarter revenue growth. I think
Speaker 1: this one's especially interesting because it gives us a read
Speaker 1: on how consumers are acting in today's economic environment.
Speaker 3: It's funny because we had a guest earlier from Alians
Speaker 3: who they have a report out on travel, and they
Speaker 3: said it's still bullish on travel. Here's but they talked
Speaker 3: to the folks at trip dot com. Maybe all right,
Speaker 3: Wendy's the home of the bacon eater. I'm a huge fan.
Speaker 3: What's going on at Wendy's.
Speaker 1: Yeah, well I love their spicy chicken sandwich. So that's
Speaker 1: why I chose Wendy's. And that would be ticker w
Speaker 1: e N and their shares are climbing today after rallying
Speaker 1: twenty six percent on Wednesday. And we do think that
Speaker 1: a memestock crowd is behind the moves. Retail trades piled
Speaker 1: into Wendy's on Wednesday, after there was a post on
Speaker 1: Reddit's Wall Street Bets page that urged its members to
Speaker 1: save Wendy's before it's too late. So Wendy's, it's indeed
Speaker 1: becoming a bit of a meme. Stock All right, very good.
Speaker 3: I'll still go there.
Speaker 1: You know.
Speaker 4: One of their most ordered menu items hot and crispy
Speaker 4: French fronds.
Speaker 1: Really, I haven't tried them, but I'll give them.
Speaker 4: All like a spicy chicken. Maybe that'll work for good combo.
Speaker 3: Yeah, that was a thing.
Speaker 2: The stock Mover's report from Bloomberg Radio. Check back with
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