Bloomberg Audio Studios, podcasts, radio News.
The Stock Movers Report, your roundup of companies making moves in the stock market, harnessing the power of Bloomberg Data.
Let's take a look at some of the stocks on the move here today on this selloff. We're joined by Bloomberg's at Christina, Christina, what deal can I.
Well, we gotta take a look at Netflix, Paul Right, so taker NFLXO. Those shares hire today up by one point two percent, pairing some of those opening gains, but still investors taking it as a positive that now Netflix has amended its bid for Warner Brothers. They are now offering an all cash agreement for the studio and streaming businesses. So previously the agreement was twenty seven to seventy five a share in cash and stock, which drew criticism from
their main rival, which is Paramounts Guidance. Right, that was one of the main contention points that they were being attacked on. And so now Netflix is amended zeal they're going to pay all cash, and Netflix co CEO Ted Sarando saying that the Warner Brothers board continues to support and quote unanimously recommend their transactions. So I'm sure that the Netflix earning squall after it close today is probably going to be all about this, yes, guaranteed. All right.
Second on the list, let's take a look at app love in today as well a scar so app Lovin app those shares not doing too well today, down two point seven percent. That is because they did see a negative research report from Capital Watch. Now, Applevin actually has been a target of short sellers prior to this, so we've seen Fuzzy Panda cuppor Research both publishing short reports
against the company last year. Our bookly Intelligence analysts weighing in those saying that apple Is fundamentals appear intact despite the negative research report, and they say that fourth quarter sales could be consensus given the early wins from its AI driven ad tech tools e commerce launch, so we'll see that.
Yeah, it stocked on sixteen percent this year, but on a trailing twelve month basis is up over sixty percent. So I didn't know how big this company was. One hundred and ninety billion in market cap.
It's a big memestock.
Holy yeah, it was popular amongst the memes stock crowd last year, hence the sixty plus percent.
Thanks all right, one more for us Intel.
Let's take a look at Intel. Yeah, so ticker I n TC big winner today, up four point six percent for those shares. It got double upgraded. So it got upgraded at HBC two hold from reduced previously. HBC analysts noting that their urgentic AI is driving upside to their CPU demand, and it also received an upgrade to buy
from neutral at Seaport Global Security. So Ernie's doing Thursday after the market clothes Bloomer Intelligences preview sites that they are likely to deliver results in line with consensus, but they're still expecting a company to stay with a conservative outlook given all the supply coustrations.
So we'll see the stock mover's report 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.