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Bloomberg Audio Studios. Podcasts,

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>> The Stock Movers Report, your roundup of

companies making moves in the stock

market, harnessing the power of

Bloomberg data.

>> I'm Carol Master along with Tim Stenick.

Let's get to it with Avalon Pernell.

She's Bloomberg News equities reporter.

[music] She's in the house. Um, we had

some postmarket uh trading around

Universal Health. What did we get?

>> We did. They did report their second

quarter earnings and to say the least

did not look too great. It is falling

now about 5.3%. That's ticker UHS and

that's after they reported their second

quarter profit that fell short and also

adjusted IBIDA that uh missed

expectations. They also trimmed their

overall guidance for the full year and

the midpoint of that guidance also

missed expectations. So, generally

speaking, very different from what we

saw last week from Tenant Healthcare,

which jumped 20% and had their best week

in over a year after reporting much

better than expected earnings as a

fellow peer in the hospital space. So,

definitely something we'll be keeping an

eye on as those notes roll in. H, that's

interesting, right? I mean, they're all

not the same, so we get that. Um, so

yeah, and this one's down a lot this

year. I mean, are most of these names

down for the year?

>> Yes. I mean, investors have a lot of

question marks about how exactly

patients will be paying for services.

Are they going to continue to go to the

ER, which I mean, just because you don't

have health insurance doesn't mean

you're not going to get sick. Correct.

>> So, it's definitely taking a hit for a

lot of hospitals across the board.

>> And that just drives up costs um all

along. Uh let's go to the Energy Patch.

>> Well, Energy names had a terrible day

today, but not everybody.

>> Exactly.

>> Lower, right?

>> Exactly. [clears throat] Baker Hughes,

that's ticker BKR, gaining 5.8% 8% to

finish its biggest 1-day jump since

April 24 and that is partially because

of their earnings. They reported profit

for the second quarter that really beat

expectations and they also boosted their

guidance for the year and even their

orders through 2028 amid rising demand

despite the Iran war which has caused a

lot of challenges to their revenue.

>> Yeah. Oil field services and equipment

what

>> in the S&P 500 energy was the worst

performing industry group at the bottom

down 2% today. Hm. Yeah,

it's it's that one I find perplexing.

>> Every energy name was lower except for

including baby.

>> We're a little slow in our thinking

today. Have [laughter] you noticed?

>> Well, it's like I already moved on.

>> Yeah. Come on.

>> I'm talking to me.

>> Keep up. Keep up. Keep up. Keep up. All

right, let's go to JBS. Love this. Yes.

Ticker JBS. They jumped 10% to notch

their biggest one day gain on record.

And that's after the US Department of

Agriculture officially announced that

Mexican cattle imports can restart in

about 30 days. That's after over a year

of border restrictions related to the

fillet. [laughter]

>> Okay, we're going to let Avalon finish,

but there's a lot of

>> Sorry,

>> Carol's got thoughts on this. Part of

that jump as well is because City did

have a great note out saying that they

actually see JBS as potentially the best

the primary beneficiary of this policy

change given its industryleading

exposure to US beef as well. What's your

favorite cut of meat?

>> Uh I don't know.

>> What's your favorite cut? What kind of

meat do you like? Do you eat meat? Oh, I

>> Well, I [laughter] you know I can't

always

>> I do like a steak.

>> There's a lot of vegetarians in my New

York strip pesarians. What? That's a

good choice.

>> Yeah.

>> Give me a good fillet. A little Bernese.

Um, it's just not big enough, Carol, for

me.

>> Oh,

>> as you know.

>> Yeah, you're like a tomahawk. It's just

about

>> We have done [laughter] We've done a

couple steak dinners recently and you

know it doesn't it's not a pretty sight.

>> We went somewhere and it was like this

is a work thing and then we was like,

how much is it? No, we can't do that.

[laughter]

>> Those tomahawks can cost3 or $400,

right?

>> Yeah. No, no, we're not going to order.

>> We did not do that.

>> But I want to get back to the story.

>> Oh, sorry.

>> Uh, and yeah, the politics around this

because, you know, it's very political.

It's on the one hand there is a rise in

beef prices and that's inflationary and

yeah that affects voters. On the other

hand there's a very important

constituency which is American farmers

and they don't want to have uh imports

of Mexican

>> coming in

>> beef and Brazilian Argentinian and the

like. So yeah

>> it's a delicate [music] dance and as you

say uh political and so on and so forth.

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