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Transcript

The Stock Movers Podcast from Bloomberg · Masters in Business

• 0:00
  Speaker 1: Hi, I'm Barry Ridholts introducing you to the new stock
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  Speaker 1: Movers podcast from Bloomberg. The show brings you short episodes
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  Speaker 1: five minutes or less, covering the stocks making gains and
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  Speaker 1: losses in today's trading. Subscribe to Stock Movers on Apple, Spotify,
• 0:16
  Speaker 1: or anywhere you get your podcasts. Here's a sample of
• 0:20
  Speaker 1: the latest episode from our team at Bloomberg.
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  Speaker 2: Bloomberg Audio Studios, Podcasts, Radio News.
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  Speaker 3: The Stock Movers podcast your roundup of companies making moves
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  Speaker 3: in the stock market, harnessing the power of Bloomberg data.
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  Speaker 4: Let's take a look at some stocks in the move
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  Speaker 4: on this Tuesday. Bloomberg News Equities reporter Normal Linda on
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  Speaker 4: Tuesday stock Movers. So Newsmax, Yeah, I mean, how could
• 0:50
  Speaker 4: you not talk about Newsmax today.
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  Speaker 5: I just think it's such an insane number. That's why
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  Speaker 5: I love talking about flowers. Right, So, we're seeing Newsmac
• 0:57
  Speaker 5: shares that ended for triple digit gains today, up one
• 1:02
  Speaker 5: hundred and seventy nine percent. We know, of course that
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  Speaker 5: Newsbacks is owned by a former New York Post journalist,
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  Speaker 5: Christopher Ruddy, and this company really got a lot of
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  Speaker 5: traction during the election time. Period they run up to
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  Speaker 5: the election, as people were tuning into conservative media ahead
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  Speaker 5: of President Trump's presidential election. This company iPod yesterday and
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  Speaker 5: listed on the New York Stock Exchange. The company has
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  Speaker 5: a market value of more than ten point seven billion dollars,
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  Speaker 5: but it did servege triple digits yesterday, seven hundred and
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  Speaker 5: eighty percent.
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  Speaker 4: You know, it's thirty billion dollars? Is it thirty billion dollars?
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  Speaker 4: Speaking now, listen, I'm with.
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  Speaker 2: You because that I was probably yesterday earlier.
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  Speaker 5: I'm outdated.
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  Speaker 4: Earlier in the session, I actually had noted it, and
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  Speaker 4: I was like, oh, it's now like a ten or
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  Speaker 4: twelve billion dollar market. But it just kept going up,
• 1:52
  Speaker 4: going up. My goodness, it is a thirty billion dollar
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  Speaker 4: market company. It is up twenty two hundred percent.
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  Speaker 2: Wow a billionaire now, Oh yeah, he's a billionaire now.
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  Speaker 2: And just to remain contextualize this for us during our simulcast,
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  Speaker 2: looking at Warner Brothers Discovery for example, that's a twenty
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  Speaker 2: five billion dollar company. Paramount Global an eight point three
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  Speaker 2: billion dollar company. We're talking about, like, what about the
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  Speaker 2: New York Times, Because all I'm going to say.
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  Speaker 4: Is mid May, they're going to report their earnings.
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  Speaker 2: Cannot wait, so New York Times I'm just pullinting it
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  Speaker 2: up on the terminal. Eight point two billion dollar company.
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  Speaker 5: All right, we got a move The comparison's insane.
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  Speaker 3: We just got to move on.
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  Speaker 2: We'll see how long it goes for.
• 2:31
  Speaker 1: I know, I know, I know.
• 2:32
  Speaker 2: Stuff does not last forever.
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  Speaker 5: Right now, keeping kind of in the realm of entertainment,
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  Speaker 5: I was also keeping an eye on companies like Vivid
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  Speaker 5: Seats and Live Nation. We had Vivid Seats falling. I
• 2:42
  Speaker 5: fell about two point four percent today. Live Nation did
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  Speaker 5: end up one percent higher. But why we've really been
• 2:47
  Speaker 5: looking at this today is because President Trump signed an
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  Speaker 5: executive order. He's really trying to crack down on ticket
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  Speaker 5: scalping and fees. We had our call yat Kayla Gardner
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  Speaker 5: in DC. She wrote about this on the terminal yesterday evening.
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  Speaker 5: But essentially, Trump is trying to direct the FTC to
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  Speaker 5: work with the DOJ to ensure that competition laws are
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  Speaker 5: enforced in the concert and entertainment industry. I don't know
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  Speaker 5: if you guys remember way back when when Taylor Swift's
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  Speaker 5: concert tickets.
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  Speaker 2: Very long ago, No, I know, in my lifetime, long
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  Speaker 2: ago it happened just finished her tour.
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  Speaker 5: They were really expensive, so much happened, Sin said, but
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  Speaker 5: they were so expensive.
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  Speaker 4: So but they were expensive, they were in demand. Like
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  Speaker 4: is this about the fees and stuff that thank you for?
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  Speaker 4: But is this really about the fees that are thrown
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  Speaker 4: on top of everything that's.
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  Speaker 5: He's saying that he's urging for transparency at quote all
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  Speaker 5: stages of the ticket purchasing process. So I mean, of
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  Speaker 5: course that's not the best news for places.
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  Speaker 4: Demand a supply and demand, but I just feel like
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  Speaker 4: they can really run up run when scalpers used to
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  Speaker 4: buy them all and like, you know, I'm just going
• 3:49
  Speaker 4: to throw out there, are you just hurt?
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  Speaker 2: I'm hurt because I don't think bonie Ver is going
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  Speaker 2: to go on a new tour this year, and Bonieverarr's
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  Speaker 2: got a new album coming out in a little over
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  Speaker 2: a week. This is my favorite band. I wouldn't call
• 4:02
  Speaker 2: it an art project. It's not even a band. You
• 4:04
  Speaker 2: guys know what you're the Bonny Bear stands no when
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  Speaker 2: I'm talking.
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  Speaker 4: I was like, oh, is this something your son like?
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  Speaker 3: Listens?
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  Speaker 2: Well, he does because he's forced to listen to it,
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  Speaker 2: because I forced him to listen to Tony Bear.
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  Speaker 4: Sounds like no bony bears.
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  Speaker 5: You might have to do the spelling.
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  Speaker 3: We're over here like bony bear.
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  Speaker 4: Okay, come on, we're gonna get to one more PVH.
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  Speaker 4: This was a stock that I highlighted.
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  Speaker 5: Yes, a name in the green owner of Calvin Klein
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  Speaker 5: and Tommy Hill. Figure. We saw double digit games today,
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  Speaker 5: up eighteen percent. That's the best day in two years
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  Speaker 5: for the company, and so that it expects sales growth
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  Speaker 5: I know, to be flat or slightly positive. But Wall
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  Speaker 5: Street was thinking that they would have a percentage of
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  Speaker 5: half point decline in terms of percentage there for sales growth.
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  Speaker 5: But I've recorded a call out that some of the
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  Speaker 5: company's initiatives are quote starting to stabilize the business. But
• 4:48
  Speaker 5: I mean, if you look at the stock is still
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  Speaker 5: down what almost forty percent this year?
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  Speaker 2: What's it? Jeremy Allen White, that's the uh you're finding it?
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  Speaker 4: You know, he's going back to the Calvin Clin underwear.
• 4:58
  Speaker 2: Yeah, the Calvin Klein, the ah the Bear, Season three
• 5:02
  Speaker 2: of the Bear. When is that happening?
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  Speaker 5: No spoilers, This is gonna take for you to.
• 5:05
  Speaker 2: Get over this, you know, probably until next quarter.
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  Speaker 4: Yesterday or after the close yesterday when the earner bear,
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  Speaker 4: when is that up? And so he was looking at
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  Speaker 4: pvah because we were breaking down the earnings, and up
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  Speaker 4: pops on the screen. Is the bear and so June Underwear.
• 5:21
  Speaker 2: June twenty twenty five. Perhaps, according to Gemini, Google AI
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  Speaker 2: uncited Okay Okay, potentially.
• 5:30
  Speaker 3: The Stock Movers podcast from Bloomberg Radio. Check back with
• 5:34
  Speaker 3: us throughout the day for the latest roundup of companies
• 5:37
  Speaker 3: making news on Wall Street and for the latest market
• 5:40
  Speaker 3: moving headlines. Listen to Bloomberg Radio Live. Catch us on YouTube,
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  Speaker 3: Bloomberg dot com, and on Applecarplay and Android Auto with
• 5:48
  Speaker 3: the Bloomberg Business app.