The New Stock Movers Podcast: Sample Episode

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Episode Transcript

Speaker 1 (00:00):
Hi, I'm Barry Ridolts introducing you to the new Stock
Movers podcast from Bloomberg. The show brings you short episodes
five minutes or less, covering the stocks making gains and
losses in today's trading. Subscribe to Stock Movers on Apple, Spotify,
or anywhere you get your podcasts. Here's a sample of

(00:20):
the latest episode from our team at Bloomberg.

Speaker 2 (00:25):
The Stock Movers podcast your roundup of companies making moves
in the stock market. Harnessing the power of Bloomberg data.

Speaker 3 (00:34):
Let's take a look at some stocks on the move today.
We are joined by Bloomberg's Valerie Titel and what feels
like a buy everything morning, Valerie. But let's focus in
on some of the stocks making news this morning, including
earnings just in the pre market from AT and T.
Do we have to rethink what we're thinking about the
cell phone business after these results?

Speaker 2 (00:56):
Yeah?

Speaker 4 (00:56):
Look AT and T did top estimates for mobile phone cuts.
It comes a day after the Verizon miss. Seems to
be the story here is that AT and T is
attracting new customers more than analysts expected. Maybe some evidence
that AT and T is luring customers from rivals like
Verizon in the highly competitive mobile phone market. It also

(01:16):
reiterated its twenty twenty five full year guidance. The next
big telecom to report is T Mobile on Thursday. But
there are some good news out there for AT and
T after the Verizon miss yesterday. AT and T up
four and a half percent.

Speaker 3 (01:29):
All right, we'll giving us a preview what we're going
to be talking about tomorrow. But let's talk about what
we've been discussing well since late yesterday.

Speaker 1 (01:37):
Tesla.

Speaker 3 (01:38):
The earnings came in week, but Elon Musk's words have
the stock surging this morning exactly.

Speaker 4 (01:44):
Tesla shares up nearly six point seven percent. It's leading
gains across the mag seven this morning. This all comes
after Elon Musk said he will pull back significantly from
his work with the US government next month. Musk made
that announcement after the company did report force qured to
profit and revenue that fell short of expectations. They also
backed off an earlier forecast of sales growing this year.

(02:07):
So some negative news in those company earnings, but the
positive spin is that elong Musk is going to be
spending more time working on Tesla rather than at Doze
within the government. And the market really likes what it hears,
with that six point six percent higher for that Tesla
share trading at two hundred and fifty three dollars a share.

Speaker 3 (02:26):
Now, we generally talk about the market likes what it
hears when it hears job cuts coming from many companies.
That seems to be the case this morning as well
for Intel. Definitely the case for Intel.

Speaker 4 (02:36):
Intel's up nearly five percent so far this morning in
pre market trade. The company is expected to announce plans
to cut more than twenty percent of.

Speaker 1 (02:43):
Its staff this week.

Speaker 4 (02:45):
The source says the move is part of a big
bid to streamline management, eliminate bureocracy, rebuild the engineering a
driven culture at the struggling chip maker. And now this
report comes ahead of Intel's first quarter results which are
coming on Thursday, which may give the CEO an opportunity
to flesh out this a bit more, lay out more
of his strategy regarding these redundancies. But the shares of

(03:07):
Intel up nearly five percent this morning after there was
a report to announce plans to cut more than twenty
percent of its staff.

Speaker 3 (03:14):
Now, another big tech company across the pond is seeing
a big move this morning. Tell Us What's happening with SAP.

Speaker 4 (03:21):
SAP yep of ten percent in Germany this morning. This
is the German business software group, known as the bigger
tech company here in Europe, gaining the most in six
years after first quarter profit topped analyst estimates. It was
fueled all by this pivot to cloud services, but seems
to be paying off for this German software group. That's

(03:43):
SAP up near ten percent. The stock has risen thirty
six percent over the last year. Its value has now
eclipsed to other European companies such as Novo, Nordes, the
drug maker, and LVMH In March, the.

Speaker 2 (03:55):
Stock Movers podcast from Bloomberg Radio. Check back with us
throughout the day for the latest roundup of companies making
news on Wall Street and for the latest market moving headlines.
Listen to Bloomberg Radio Live. Catch us on YouTube, Bloomberg
dot com, and on Applecarplay and Android Auto with the
Bloomberg Business app.