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On this episode of Stock Movers: - Universal Music Group (UMG NA) plummeted to their lowest level since listing, after the company reported disappointing subscription revenue growth. The world's largest record label's subscription revenues grew 16.6% in constant currency, including the impact of its purchase of Downtown Music Holdings, but analysts had expected a 19.2% increase. - Roblox (RBLX) shares are lower after the video-game company's second-quarter results disappointed on key metrics, including users and hours engaged. It also gave a forecast for both bookings and revenue that was weaker than expected. - Reddit (RDDT) shares are moving after it projected revenue in the current quarter revenue that beat Wall Street estimates, but shares fell after the social media company failed to announce any new data licensing agreements.

Bill Dudley, a Bloomberg Opinion columnist and former president of the Federal Reserve Bank of New York, reacts to Fed Chairman Kevin Warsh's news conference following the central bank's decision to leave interest rates unchanged. Speaking on "Bloomberg Surveillance," Dudley says Warsh's silence was "quite deafening" and markets are showing there's a loss of credibility in the Fed.

LyondellBasell (NYSE:LYB) reported second-quarter 2026 net income of $559 million, or $1.71 per diluted share, on sales of $9.2 billion, while adjusted EBITDA reached $2.1 billion excluding identified items.

Lear (NYSE:LEA) reported second-quarter 2026 revenue of $6.2 billion, up 3% year over year, while global vehicle production remained roughly flat on a Lear sales-weighted basis.

Eaton (NYSE:ETN) announced its second-quarter 2026 financial results, reporting record sales of $8.5 billion, representing a 21% increase from the same period last year.

Church & Dwight (NYSE:CHD) reported second-quarter 2026 net sales of $1.53 billion, up 1.6% year over year, with organic sales increasing 5.8% across domestic, international and specialty product divisions.

Two Federal Reserve officials who dissented against this week's decision to hold interest rates steady warned that waiting too long to act against inflation could risk the need for even more aggressive policy later. Cleveland Fed President Beth Hammack and Minneapolis Fed President Neel Kashkari pointed to the various supply shocks helping drive up inflation right now. Bloomberg's Michael McKee breaks down the situation.

Colgate-Palmolive (NYSE:CL) reported net sales increased 4.9% year over year, with organic sales growth of 2.4% during the period.

Ares Chief Executive Officer Michael Arougheti discusses the deployment of artificial intelligence and second-quarter results. "We want to be horizontally diversified across all the different private market asset classes," he tells Bloomberg Television. Arougheti also comments on the state of private equity. "The institutional demand for private credit is probably accelerating right now because they're seeing spreads widening and they're seeing capital leave the market and feel like there's an opportunity to come in and take share," he says.

Former England Women's National Football Team player and sports investor, Eni Aluko, says UEFA's plans to boycott FIFA tournaments if President Gianni Infantino proceeds with his plans to sell stakes in a new commercial entity to investors shows a "lack of consultation" by football's world governing body. FIFA's proposal plans to transfer major commercial and tournament operations into a new entity called FIFA Forward Enterprise. The vehicle would initially be valued at about $20 billion, with FIFA seeking to raise as much as $4.2 billion from outside investors while retaining sole control through majority representation on its board. Aluko discussed the fallout from the FIFA proposal with Francine Lacqua on "The Pulse".

Dominion Energy (NYSE:D) announced its second-quarter 2026 financial results, posting operating earnings (non-GAAP) of $712 million, or $0.79 per share.

AutoNation (NYSE:AN) reported second-quarter 2026 revenue of $6.9 billion, down 1% year over year, while adjusted earnings per share increased to $5.56 from $5.46.