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PayPal Soars, American Express Sinks, Domino's Climbs | Stock Movers

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PayPal Soars, American Express Sinks, Domino's Climbs | Stock Movers

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149 segments

0:02

Bloomberg Audio Studios podcasts, radio,

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news,

0:08

>> the Stock Movers Report, your roundup of

0:11

companies making moves in the stock

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market, harnessing the power of

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Bloomberg data. I'm Carol Messer along

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with Emily Grafo. Let's get to some

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stocks on the move on this Monday.

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Bloomberg News managing editor for

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Bloomberg Markets live blog, Christina

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Kino, is in the house. Um, there were

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some stocks moving even though there was

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like general malaise in the trade. Where

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shall we begin?

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>> Yeah. Well, let's talk about PayPal

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because just because it's a snow day

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doesn't mean that M&A Monday has to stop

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and is very much uh attracting M&A

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interest. And as a result of those

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shares, sticker PYPPL are up more than

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5% nearly 6% actually uh as of the

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close. And so the details are that the

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company is attracting takeover interest

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from potential buyers. has fielded uh

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meetings with several banks regarding

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this. At least one large rival is

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looking at the whole company while some

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other suitors are only interested in

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certain PayPal assets. So this is all

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according to Bloomer sources who have uh

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uh divulged some of those uh

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information. And you know this is all

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because PayPal has lost about half of

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its value over the last 12 months. It's

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currently trading at $4069 a share

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versus $75 just over a year ago. And so

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it makes a lot of sense. It's attracting

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>> so much.

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>> I mean a lot of challenges probably

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related to uh payments competition,

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right? Uh I guess so, right?

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>> Yeah. Cuz I mean a lot of uh banks,

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right? Like are diving into that space

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in addition to kind of more traditional

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competitors like uh Venmo, Zel, all that

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stuff. So many different choices.

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>> Yeah. Alternative ways to pay for

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things.

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>> Too many choices. Yeah, I would say.

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>> Too many choices.

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>> All right. Uh let's go to MX. There's a

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great story right that we've been all

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talking about this research.

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>> Absolutely. Yes. And that is exactly why

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we have seen American Express shares

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sticker AXP down 7% uh as of the close

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and yes as you mentioned Carol all

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because of the Catrini research report

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again interesting because they're

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outlining a scenario. It's not a

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prediction uh but it still struck a

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nerve in markets and so American Express

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one of the companies named in that

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report as companies that are very

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vulnerable to a disruption uh that will

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could be caused by AI if this scenario

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comes to light and you know some of the

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hypothetical scenarios uh that Catrini

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research looked at uh really seeing

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credit card companies like AMX as well

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as food delivery services among the

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companies that are facing trouble and

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yeah we've seen now those shares down by

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the almost in 10 months as a result of

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that.

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>> A lot of it having to do with what you

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said, AI disruption. Like so many of

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these companies are built on what they

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lay out as human intelligence. And they

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talk about how human intelligence will

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really deteriorate as AI gets more

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powerful.

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>> Yeah.

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>> Depending on if you side with the robots

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or the people is going to depend on

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whether that's good or not.

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>> I don't know. Oh, it's like I feel like

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so many people have said about it's how

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we will work and interact and use AI in

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our jobs and how we do things. And so I

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don't know is it just like taking an app

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to another level, you know what I mean?

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Like we now there are things that I used

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to pick up a phone or talk to somebody

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about that I just do automatically on an

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app. So I don't know.

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>> But there's something about the human

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interaction still, right? Particularly

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in serviceoriented industries like

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credit cards. I actually would much

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rather speak to a human about my credit

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card bill uh than than a robot. So there

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you go.

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>> Or a chapat of some sort. Uh one thing

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we all like to do, I think it's safe to

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say, is eat pizza. Um Domino's. Let's

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get to

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>> we got to talk about pizza today. And

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Domino's specifically. So ticker DPO

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shares are up 4% uh at the close. And

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that is because they did report a larger

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than expected rise in uh same store

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sales. Consumers definitely uh being

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drawn to the pizza chains budget

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friendly pies and yeah, we've seen an

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increase of 3.7% in the fourth quarter

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for their same store sales and that's

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well above the 3.3% that was projected

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by analysts and of course uh we're also

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seeing an optimistic projection from

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them for that same metric. They're

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looking at about a 3% rise for that uh

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for the full year in 2026. And yeah, a

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lot of that because of this uh best deal

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ever pizza promotion. So what's what's

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the verdict on Domino's then, Carol? I I

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>> Oh, I know. I know.

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>> It's been a while since you partaken.

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>> My husband used to love I think Dominoes

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and so I think occasionally or we'd be

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on the road and I'd have to go.

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>> It's in its own world. I'm not saying

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it's like the same as a New York or

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Connecticut.

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>> That's a different Is it a coal fired

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oven? I

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>> I don't think Is it even an oven? I

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think it is. They have ovens. Cheap pies

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and stuffed crust driving the sales

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video.

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>> The Stock Movers Report from Bloomberg

4:57

Radio. Check back with us throughout the

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day for the latest roundup of companies

5:01

making news on Wall Street and for the

5:03

latest market moving headlines. Listen

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Interactive Summary

The Bloomberg Stock Movers Report highlights key company movements. PayPal's shares are up due to attracting M&A interest, despite losing significant value over the past year and facing stiff competition in the payments sector. American Express (AMX) shares are down, impacted by a research report suggesting its vulnerability to AI disruption, prompting discussion on the role of human interaction in service industries. Meanwhile, Domino's shares rose after reporting higher-than-expected same-store sales, driven by budget-friendly pizzas and positive future projections.

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