00:00:02
Speaker 1: Bloomberg Audio Studios.
00:00:04
Speaker 2: Podcasts. Radio.
00:00:06
Speaker 3: News.
00:00:08
Speaker 2: The Stock Movers Report. Your roundup of companies making moves in the stock market. Harnessing the power of Bloomberg data.
00:00:17
Speaker 1: We do want to check in on some stocks on the move. Here to do that is Bloomberg News cross-asset reporter. She's Danica Sokova. and she kicks things off with Meta.
00:00:25
Speaker 3: Let's talk about Meta. It's been all the buzz in the market, and we're talking about Muse. So the stock is up today about 1.5%. It was up a little bit more earlier in the day. But if you look at the month-to-date gain, we're talking more than 30%. It's all about their new artificial intelligence agent, Muse, which you've probably seen the photo. It's kind of cute, this fuzzy little thing. It's over social media.
00:00:48
Speaker 4: So cute. All you have to do is connect it to your bank account.
00:00:51
Speaker 3: Yeah. Give it full.
00:00:53
Speaker 4: Access to your whole life and then it will be very, very, very simple. It's straightforward. Carol, I'm not joking.
00:01:00
Speaker 2: I know.
00:01:01
Speaker 4: In order for this thing to fly, you got to give it everything. And, and look, I think it's, I was talking about this with some friends last night because they were like, There are two different camps of people.
00:01:12
Speaker 3: There are people who.
00:01:13
Speaker 4: Are like, oh yeah, totally, I'll do it. And there are people like, you will not see me giving anything access to my money.
00:01:20
Speaker 1: It's really funny. When you give access to credit cards, there are things I'm like, okay, I'm comfortable with this. And there are things I'm like, no way.
00:01:26
Speaker 3: Yeah, it's really fascinating. I know, like, when we were starting with Google Maps, a lot of people were like, I don't want to share my location. Now, obviously, everyone uses Google Maps. It's interesting how those things evolve.
00:01:34
Speaker 4: Online banking 25 years ago.
00:01:36
Speaker 3: Online banking is interesting.
00:01:38
Speaker 1: All right, so meta on a run.
00:01:39
Speaker 3: Meta on a run. JP Morgan is saying that this app is the most widely used consumer AI application since ChatGPT. A lot of bullish analysts around this. So we're yet to see, but massive rally pretty quick.
00:01:52
Speaker 1: All right. Let's go to McDonald's.
00:01:53
Speaker 3: McDonald's, the opposite story. Shares down 5% to the lowest intraday level since October 2022. The company projects a step up in capital expenditure. Another negative thing is that they see that the U.S. business to be slightly negative in the third quarter. They've been trying to do a more healthy menu. Obviously, more people are taking GOP1. More people are conscious about it. More people want protein.
00:02:18
Speaker 1: Just get the fries. Just go. Focus on the fries. Stocks down 22% year-to-date.
00:02:23
Speaker 3: Pretty, pretty rough year. And now you're marking roughly $ 8. 5 billion to help franchises to implement this multi-year plan to kind of Make it healthier. So let's see if that works out.
00:02:33
Speaker 4: Who cares if you're just going to have your agent go to McDonald's for you? Who cares what it looks like in there?
00:02:39
Speaker 1: Yeah, I guess so.
00:02:40
Speaker 3: You don't need it.
00:02:41
Speaker 1: You know what you're going to still want to experience, though?
00:02:44
Speaker 2: Yeah. It's a cruise.
00:02:45
Speaker 4: Yeah, because your agents are going to be doing everything for you. You'll have time to go on the cruise.
00:02:50
Speaker 2: Of course.
00:02:50
Speaker 3: And maybe you want to go after the cruise, you want to go to the beach on a multi-resort thing. So Royal Caribbean shares dropped as much as 6%. The cruise line operator announced it's acquired 50% stake in Sandos and beaches resorts for approximately $ 3 billion in cash. It's very interesting they're mixing the cruise industry with all-inclusive land-based hotels.
00:03:14
Speaker 4: This is Carol's world.
00:03:15
Speaker 1: Increasingly, this is what the cruise companies do.
00:03:18
Speaker 4: This is what people are doing.
00:03:18
Speaker 1: They have I've seen it in Grand Turk with Carnival. They create these places where they stop. People go out and play in these basically amusement parks. So this, to me, kind of makes sense.
00:03:32
Speaker 3: Maybe makes sense. But analysts are not too happy. The ticker RCL, the stock fell yesterday. The stock is down today. And it's down nearly 16% this year. That said, the whole cruise industry is under a lot of pressure. So Norwegian and Carnival are actually down even more this year. It's been obviously ever since the COVID pandemic, but this year the war is also. adding more attention to this.
00:03:54
Speaker 1: I also, the other thing is, isn't sandals where couples go to like get away from the kids?
00:03:58
Speaker 4: I have friends who went there for the honeymoon. I love kids.
00:04:01
Speaker 1: Yeah.
00:04:01
Speaker 3: It's, it's adults only. So I think, I think that that helps.
00:04:05
Speaker 1: And kids go on cruises and that's where you go to like these amusement. So like, is it a little weird?
00:04:08
Speaker 4: I don't know. I mean, I mean, maybe they want to, um, segment the offerings, right?
00:04:13
Speaker 2: I guess so.
00:04:14
Speaker 1: I guess so.
00:04:14
Speaker 3: What happens to the kids?
00:04:16
Speaker 4: Yeah.
00:04:17
Speaker 2: I don't think that's.
00:04:19
Speaker 1: Going to work.
00:04:22
Speaker 2: The Stock Movers 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.com, and on Apple CarPlay and Android Auto with the Bloomberg Business app.
Speaker 1: Bloomberg Audio Studios.
00:00:04
Speaker 2: Podcasts. Radio.
00:00:06
Speaker 3: News.
00:00:08
Speaker 2: The Stock Movers Report. Your roundup of companies making moves in the stock market. Harnessing the power of Bloomberg data.
00:00:17
Speaker 1: We do want to check in on some stocks on the move. Here to do that is Bloomberg News cross-asset reporter. She's Danica Sokova. and she kicks things off with Meta.
00:00:25
Speaker 3: Let's talk about Meta. It's been all the buzz in the market, and we're talking about Muse. So the stock is up today about 1.5%. It was up a little bit more earlier in the day. But if you look at the month-to-date gain, we're talking more than 30%. It's all about their new artificial intelligence agent, Muse, which you've probably seen the photo. It's kind of cute, this fuzzy little thing. It's over social media.
00:00:48
Speaker 4: So cute. All you have to do is connect it to your bank account.
00:00:51
Speaker 3: Yeah. Give it full.
00:00:53
Speaker 4: Access to your whole life and then it will be very, very, very simple. It's straightforward. Carol, I'm not joking.
00:01:00
Speaker 2: I know.
00:01:01
Speaker 4: In order for this thing to fly, you got to give it everything. And, and look, I think it's, I was talking about this with some friends last night because they were like, There are two different camps of people.
00:01:12
Speaker 3: There are people who.
00:01:13
Speaker 4: Are like, oh yeah, totally, I'll do it. And there are people like, you will not see me giving anything access to my money.
00:01:20
Speaker 1: It's really funny. When you give access to credit cards, there are things I'm like, okay, I'm comfortable with this. And there are things I'm like, no way.
00:01:26
Speaker 3: Yeah, it's really fascinating. I know, like, when we were starting with Google Maps, a lot of people were like, I don't want to share my location. Now, obviously, everyone uses Google Maps. It's interesting how those things evolve.
00:01:34
Speaker 4: Online banking 25 years ago.
00:01:36
Speaker 3: Online banking is interesting.
00:01:38
Speaker 1: All right, so meta on a run.
00:01:39
Speaker 3: Meta on a run. JP Morgan is saying that this app is the most widely used consumer AI application since ChatGPT. A lot of bullish analysts around this. So we're yet to see, but massive rally pretty quick.
00:01:52
Speaker 1: All right. Let's go to McDonald's.
00:01:53
Speaker 3: McDonald's, the opposite story. Shares down 5% to the lowest intraday level since October 2022. The company projects a step up in capital expenditure. Another negative thing is that they see that the U.S. business to be slightly negative in the third quarter. They've been trying to do a more healthy menu. Obviously, more people are taking GOP1. More people are conscious about it. More people want protein.
00:02:18
Speaker 1: Just get the fries. Just go. Focus on the fries. Stocks down 22% year-to-date.
00:02:23
Speaker 3: Pretty, pretty rough year. And now you're marking roughly $ 8. 5 billion to help franchises to implement this multi-year plan to kind of Make it healthier. So let's see if that works out.
00:02:33
Speaker 4: Who cares if you're just going to have your agent go to McDonald's for you? Who cares what it looks like in there?
00:02:39
Speaker 1: Yeah, I guess so.
00:02:40
Speaker 3: You don't need it.
00:02:41
Speaker 1: You know what you're going to still want to experience, though?
00:02:44
Speaker 2: Yeah. It's a cruise.
00:02:45
Speaker 4: Yeah, because your agents are going to be doing everything for you. You'll have time to go on the cruise.
00:02:50
Speaker 2: Of course.
00:02:50
Speaker 3: And maybe you want to go after the cruise, you want to go to the beach on a multi-resort thing. So Royal Caribbean shares dropped as much as 6%. The cruise line operator announced it's acquired 50% stake in Sandos and beaches resorts for approximately $ 3 billion in cash. It's very interesting they're mixing the cruise industry with all-inclusive land-based hotels.
00:03:14
Speaker 4: This is Carol's world.
00:03:15
Speaker 1: Increasingly, this is what the cruise companies do.
00:03:18
Speaker 4: This is what people are doing.
00:03:18
Speaker 1: They have I've seen it in Grand Turk with Carnival. They create these places where they stop. People go out and play in these basically amusement parks. So this, to me, kind of makes sense.
00:03:32
Speaker 3: Maybe makes sense. But analysts are not too happy. The ticker RCL, the stock fell yesterday. The stock is down today. And it's down nearly 16% this year. That said, the whole cruise industry is under a lot of pressure. So Norwegian and Carnival are actually down even more this year. It's been obviously ever since the COVID pandemic, but this year the war is also. adding more attention to this.
00:03:54
Speaker 1: I also, the other thing is, isn't sandals where couples go to like get away from the kids?
00:03:58
Speaker 4: I have friends who went there for the honeymoon. I love kids.
00:04:01
Speaker 1: Yeah.
00:04:01
Speaker 3: It's, it's adults only. So I think, I think that that helps.
00:04:05
Speaker 1: And kids go on cruises and that's where you go to like these amusement. So like, is it a little weird?
00:04:08
Speaker 4: I don't know. I mean, I mean, maybe they want to, um, segment the offerings, right?
00:04:13
Speaker 2: I guess so.
00:04:14
Speaker 1: I guess so.
00:04:14
Speaker 3: What happens to the kids?
00:04:16
Speaker 4: Yeah.
00:04:17
Speaker 2: I don't think that's.
00:04:19
Speaker 1: Going to work.
00:04:22
Speaker 2: The Stock Movers 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.com, and on Apple CarPlay and Android Auto with the Bloomberg Business app.
