Introducing Stock Movers

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Episode Transcript

Speaker 1 (00:00):
Hi, I'm Doug Krisner introducing you to the new Stockmovers
podcast from Bloomberg. The show brings you short episodes five
minutes or less, covering the stocks making gains and losses
in today's trading. Subscribe to The Stock Movers on Apple, Spotify,
or wherever you get your podcast. Now. Here's a sample
of the latest episode from our team at Bloomberg.

Speaker 2 (00:23):
Bloomberg Audio Studios, Podcasts, radio News.

Speaker 3 (00:29):
The Stock Movers podcast your roundup of companies making moves
in the stock market. Harnessing the power of Bloomberg data.
Let's take a look at some stocks on the move
this week. Here in the studio with us is Bloomberg
News Aquities reporter Alexandra Semenova. Hey, I think we can
transition right to another airline at the top of air list.

Speaker 4 (00:49):
Alex Yeah, I'm taking a look at American Airlines today
with the Drewidz full Yer earnings outlook, A lot of
companies have been doing that. It's also joining some of
its peers in doing that. We saw that from Delta Airlines,
the owner of Frontier. Obviously, as there's so much uncertainty
about the outlook for consumers, there's seems to be a
pull back in travel demand obviously as tariffs wound the

(01:13):
economic outlook.

Speaker 5 (01:14):
What's interesting though, is Americans up we've had bad news
on the airlines over the last month or so, and
saying a lot of it's maybe priced in already and
that people are traveling.

Speaker 2 (01:24):
Yeah, I don't know if you have anything booked for
the summer, Alex, but post pandemic people are just waiting
longer and longer to book their flights. I don't know
what that has to do with I think also it.

Speaker 5 (01:33):
Has to do it gay more like right, like if
you well.

Speaker 2 (01:36):
More, if you get closer to the date. But I
think the flexibility now is helpful, Like you can there's
so many tickets you can buy where it's just like,
oh you can change that for no fee. That was
new during the pandemic.

Speaker 5 (01:45):
Yeah, that is and that's their And.

Speaker 4 (01:47):
I think also after the pandemic there's just this hunch
to try and book trips as often as possible that
it's just not going away. I don't know about you guys,
but definitely take.

Speaker 5 (01:55):
Me somewhere exactly what else you got for us?

Speaker 4 (01:58):
So I'm also looking at comcasts. They reported a pretty
big loss in customers. They lost one hundred and ninety
nine thousand domestic broadband customers and four hundred and twenty
seven thousand PAYTB customers in the fourth quarter first quarter. Rather,
those losses were both more than Wall Street US expected.
Pretty bad earnings right out here. The company's earnings actually

(02:19):
rose to one point nine to share that beat estimates,
and their revenue fell slightly to twenty nine point nine
billion dollars. But it was really again that customer metric
that everyone was watching, and shares are falling today.

Speaker 5 (02:32):
Yeah, that's kind of Stuck's done about eleven percent also
year to date. IBM, it's a name that we were
breaking down the earnings after the close yesterday.

Speaker 2 (02:40):
I was having a good year up until yesterday's report,
basically exactly.

Speaker 4 (02:45):
It just basically the takeaway from this report was that
it wasn't good enough for investors. It wasn't necessarily bad,
It's just that the bar is so high for this company.
So the stock actually fell the most in a year today,
suggesting economic uncertainty. Expectations that the cut and costs to
government spending might affect the business of First quarter sales
increased almost one percent of fourteen point five billion dollars

(03:08):
and profit was one sixty ashore. Again, the numbers aren't bad,
just clearly disappointing investors. Not enough assurance that the business
will be good.

Speaker 2 (03:17):
Yeah, I mean we spoke to Brent dell over at
Jeffrey's yesterday who said that Arvin Krishnan is doing a
great job of transitioning this company away from hardware, actually
away from consulting, which it's been known for for years,
and really focusing on moving to the AI and services
and that's just.

Speaker 5 (03:31):
Much more I think profitable. Yeah, certainly for the company.

Speaker 2 (03:33):
Right, there's a lot of competition.

Speaker 4 (03:35):
Yeah, competition and also the CEO today saying in the
near term, uncertainty may cause clients to pause. That keyword
uncertainty has been just coming across We just allowed.

Speaker 5 (03:45):
Is anybody allowed to use the bird uncertainty at this point?

Speaker 2 (03:48):
I mean, everybody's using the words.

Speaker 4 (03:49):
It's keyword in the dictionary.

Speaker 5 (03:51):
It does seem like the only word in the dictionary.

Speaker 1 (03:53):
Certainly.

Speaker 5 (03:54):
I know we've been tracking like how many times, like
CEOs are saying it on Earning's color. I think we
did last time around.

Speaker 4 (03:59):
Yeah, we're keeping eye on that.

Speaker 3 (04:02):
The Stockmovers podcast 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.