April 21, 2025 • 6 mins
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Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Hi, I'm Carol Masser, 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 now. Here's a sample
of the latest episode from our team at Bloomberg.
Speaker 2 (00:22):
Bloomberg Audio Studios, Podcasts, Radio News.
Speaker 3 (00:28):
The Stock Movers podcast your roundup of companies making moves
in the stock market, harnessing the power of Bloomberg data.
Speaker 2 (00:37):
Let's take a look at some of the stocks on
the move on this Monday. Emily Graffeo is Bloomberg News
cross house at Reporter, and she joins us here.
Speaker 4 (00:45):
Netflix, one of the top performers in the S and
P five hundred on a day when the index itself
was down more than two percent and there weren't a
lot of places to hide, even in bonds, so they
reported a record profit to start the year on Thursday.
Speaker 2 (00:59):
Doesn't it feel like a world away, like completely forgot.
Speaker 4 (01:03):
But like no one was really paying attention, because, yeah,
everyone's going on vacation. Everyone was leaving for the holiday, weekend.
Maybe Netflix was, but traders weren't, so that stock was
up higher today. Record profit to start the year. First
quarter earnings rose twenty five percent, which beat ana estimates,
and the company also said that it's seen no impact
(01:25):
on its business from the tariffs or the market volatility
that has followed. So perhaps this is a safety kind
of hedge.
Speaker 2 (01:33):
As Bloomberg Television's Alex Steele said, it's basically you gotta
have your name.
Speaker 5 (01:38):
I was going to ask, is it a consumer staple
or is it a discretionary purchase in your view?
Speaker 3 (01:45):
In my view? In your view?
Speaker 5 (01:47):
And here I'm going to repriind everybody, well you think
about them.
Speaker 2 (01:50):
Everybody.
Speaker 5 (01:50):
Standard with ads is seven ninety nine a month, Standard
is seventeen ninety nine a month. Premium is twenty four
ninety nine a month.
Speaker 3 (02:00):
You know, you don't.
Speaker 4 (02:01):
You don't need it seriously, So I'm going to say
it's still a discretionary. I don't know. I mean YouTube
is free. Sometimes I feel like.
Speaker 2 (02:14):
Some food on the table.
Speaker 1 (02:16):
Yeah, food on the table Net.
Speaker 4 (02:17):
But it's food on the table versus Netflix. Netflix feels
like a you know, more discretionary and there's so many competitors. Oh, yeah,
maybe you would stick with your Netflix, because if you
have that description already, it's harder to cancel it than
like buying a new part. It's stickier. Yeah, which actually
(02:38):
segues into my neck stock.
Speaker 1 (02:40):
Okay, you're welcome.
Speaker 4 (02:41):
We're talking about canceling Uber shares. We're down today as
much as five point two percent. The end of the
day down three percent, But it seems like a lot
of the downside is coming from a lawsuit from the FTC,
which alleged in a complaint today that the company charged
consumers for its Uber one product without their consent and
(03:03):
made it unreasonably burdensome to cancel the service. The agency
found users can be required to navigate get this as
many as twenty three screens and take up to thirty
two actions just to cancel Uber one, according to the
FTC statement. Now, Uber said in their response that it
didn't take that many steps, but that's what.
Speaker 1 (03:23):
The actually twenty two screens and thirty ones.
Speaker 4 (03:26):
Yeah, because all the k ok yeah on the kidding,
So I mean, huh yeah, that stock was down.
Speaker 2 (03:33):
Tried to do some things though, and wait a second,
we should explain what Uber one is.
Speaker 5 (03:37):
Okay, Okay, So Uber one is like this subscription service
you can get for Uber. You get zero delivery fees
on Uber Eats orders that are eligible. It's ten bucks
a month, maybe ninety six bucks a year roughly. And yeah,
I mean I think Lyft has its own version of
this too. I'm the Lift I have the Lift one
(03:58):
because that's how you get city Bike, so I get
a discount on Lyft rides.
Speaker 4 (04:03):
But anyway, yeah, I thought it was interesting. Yeah, because well,
the agency has also recently sued several other companies, including Amazon, Adobe,
for making it too difficult to cancel subscriptions. So I
always have my eye on stuff like that. So Tesla Tesla,
speaking of cars, Yes, speaking of cars, we have a
lot of nice segues. Today Tesla fell five percent today.
(04:24):
This was its third straight day of declines. Earnings are
set for tomorrow. The stock is down forty three percent
year to date, though, And there was a pretty colorful
note we can call it over the weekend from Wedbush's
Dan ives he does have an.
Speaker 1 (04:42):
Outperformance, likes to wear colorful.
Speaker 4 (04:44):
Yes, it's one of the best dressed Southside analysts. But
he had a note over the weekend that said Tesla's
facing a code read moment as it prepares to report
its earnings. And he also said that the CEO, Elon Musk,
should step back from his work at DOGE and refocus
his attention on the carmaker and then on a more
(05:06):
fundamental level, still bullish, Yes, he's he's still bullish, but
Tesla also.
Speaker 2 (05:11):
Reported bullish and then have a code read past Dan. Yeah,
I know, he said, we he said, I love bullish.
It's a great question.
Speaker 5 (05:19):
We believe Test along with n Vidr, two of the
most disruptive tech companies on the globe over the coming years.
Speaker 4 (05:24):
He also said, Tesla is Musk. Musk is Tesla. Anyone
thinks the brand damage Musk has inflicted is not a
real thing. Spend some time speaking to car buyers in
the US, Europe, Asia, You'll think differently after those discussions.
We'll see what you know Tesla does after the earnings.
But it's heading into this earnings report down forty three
(05:46):
percent year to date, vulnerable. There's a lot of headlines,
there's a lot of focus on, you know, what is
Musk's role and the company? Is he distracted with what
he's doing at DOGE.
Speaker 2 (05:54):
To be an interesting analyst call Earning's analyst call after
the close tomorrow. Nice segues between them.
Speaker 1 (06:00):
Well done, well done, Well done.
Speaker 3 (06:02):
The Stockmovers 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.
Hi, I'm Carol Masser, 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 now. Here's a sample
of the latest episode from our team at Bloomberg.
Speaker 2 (00:22):
Bloomberg Audio Studios, Podcasts, Radio News.
Speaker 3 (00:28):
The Stock Movers podcast your roundup of companies making moves
in the stock market, harnessing the power of Bloomberg data.
Speaker 2 (00:37):
Let's take a look at some of the stocks on
the move on this Monday. Emily Graffeo is Bloomberg News
cross house at Reporter, and she joins us here.
Speaker 4 (00:45):
Netflix, one of the top performers in the S and
P five hundred on a day when the index itself
was down more than two percent and there weren't a
lot of places to hide, even in bonds, so they
reported a record profit to start the year on Thursday.
Speaker 2 (00:59):
Doesn't it feel like a world away, like completely forgot.
Speaker 4 (01:03):
But like no one was really paying attention, because, yeah,
everyone's going on vacation. Everyone was leaving for the holiday, weekend.
Maybe Netflix was, but traders weren't, so that stock was
up higher today. Record profit to start the year. First
quarter earnings rose twenty five percent, which beat ana estimates,
and the company also said that it's seen no impact
(01:25):
on its business from the tariffs or the market volatility
that has followed. So perhaps this is a safety kind
of hedge.
Speaker 2 (01:33):
As Bloomberg Television's Alex Steele said, it's basically you gotta
have your name.
Speaker 5 (01:38):
I was going to ask, is it a consumer staple
or is it a discretionary purchase in your view?
Speaker 3 (01:45):
In my view? In your view?
Speaker 5 (01:47):
And here I'm going to repriind everybody, well you think
about them.
Speaker 2 (01:50):
Everybody.
Speaker 5 (01:50):
Standard with ads is seven ninety nine a month, Standard
is seventeen ninety nine a month. Premium is twenty four
ninety nine a month.
Speaker 3 (02:00):
You know, you don't.
Speaker 4 (02:01):
You don't need it seriously, So I'm going to say
it's still a discretionary. I don't know. I mean YouTube
is free. Sometimes I feel like.
Speaker 2 (02:14):
Some food on the table.
Speaker 1 (02:16):
Yeah, food on the table Net.
Speaker 4 (02:17):
But it's food on the table versus Netflix. Netflix feels
like a you know, more discretionary and there's so many competitors. Oh, yeah,
maybe you would stick with your Netflix, because if you
have that description already, it's harder to cancel it than
like buying a new part. It's stickier. Yeah, which actually
(02:38):
segues into my neck stock.
Speaker 1 (02:40):
Okay, you're welcome.
Speaker 4 (02:41):
We're talking about canceling Uber shares. We're down today as
much as five point two percent. The end of the
day down three percent, But it seems like a lot
of the downside is coming from a lawsuit from the FTC,
which alleged in a complaint today that the company charged
consumers for its Uber one product without their consent and
(03:03):
made it unreasonably burdensome to cancel the service. The agency
found users can be required to navigate get this as
many as twenty three screens and take up to thirty
two actions just to cancel Uber one, according to the
FTC statement. Now, Uber said in their response that it
didn't take that many steps, but that's what.
Speaker 1 (03:23):
The actually twenty two screens and thirty ones.
Speaker 4 (03:26):
Yeah, because all the k ok yeah on the kidding,
So I mean, huh yeah, that stock was down.
Speaker 2 (03:33):
Tried to do some things though, and wait a second,
we should explain what Uber one is.
Speaker 5 (03:37):
Okay, Okay, So Uber one is like this subscription service
you can get for Uber. You get zero delivery fees
on Uber Eats orders that are eligible. It's ten bucks
a month, maybe ninety six bucks a year roughly. And yeah,
I mean I think Lyft has its own version of
this too. I'm the Lift I have the Lift one
(03:58):
because that's how you get city Bike, so I get
a discount on Lyft rides.
Speaker 4 (04:03):
But anyway, yeah, I thought it was interesting. Yeah, because well,
the agency has also recently sued several other companies, including Amazon, Adobe,
for making it too difficult to cancel subscriptions. So I
always have my eye on stuff like that. So Tesla Tesla,
speaking of cars, Yes, speaking of cars, we have a
lot of nice segues. Today Tesla fell five percent today.
(04:24):
This was its third straight day of declines. Earnings are
set for tomorrow. The stock is down forty three percent
year to date, though, And there was a pretty colorful
note we can call it over the weekend from Wedbush's
Dan ives he does have an.
Speaker 1 (04:42):
Outperformance, likes to wear colorful.
Speaker 4 (04:44):
Yes, it's one of the best dressed Southside analysts. But
he had a note over the weekend that said Tesla's
facing a code read moment as it prepares to report
its earnings. And he also said that the CEO, Elon Musk,
should step back from his work at DOGE and refocus
his attention on the carmaker and then on a more
(05:06):
fundamental level, still bullish, Yes, he's he's still bullish, but
Tesla also.
Speaker 2 (05:11):
Reported bullish and then have a code read past Dan. Yeah,
I know, he said, we he said, I love bullish.
It's a great question.
Speaker 5 (05:19):
We believe Test along with n Vidr, two of the
most disruptive tech companies on the globe over the coming years.
Speaker 4 (05:24):
He also said, Tesla is Musk. Musk is Tesla. Anyone
thinks the brand damage Musk has inflicted is not a
real thing. Spend some time speaking to car buyers in
the US, Europe, Asia, You'll think differently after those discussions.
We'll see what you know Tesla does after the earnings.
But it's heading into this earnings report down forty three
(05:46):
percent year to date, vulnerable. There's a lot of headlines,
there's a lot of focus on, you know, what is
Musk's role and the company? Is he distracted with what
he's doing at DOGE.
Speaker 2 (05:54):
To be an interesting analyst call Earning's analyst call after
the close tomorrow. Nice segues between them.
Speaker 1 (06:00):
Well done, well done, Well done.
Speaker 3 (06:02):
The Stockmovers 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.
Hosts And Creators
Tim Stenovec
Carol Massar
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