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Episode Transcript

Speaker 1 (00:00):
Bloomberg Audio Studios, Podcasts, Radio News.

Speaker 2 (00:07):
Hey it's David Gerra. We're bringing you something a little
different this morning. A new podcast from Bloomberg called Stock
Movers from our colleagues at Bloomberg Radio. The show brings
you short episodes five minutes or less, covering the stocks
making gains and losses in today's trading. You can find
Stock Movers wherever you get your podcasts The Big Take.
We'll be back on Monday.

Speaker 3 (00:27):
Here's the show, The Stock Movers podcast, your roundup of
companies making moves in the stock market, harnessing the power
of Bloomberg data.

Speaker 4 (00:38):
Let's take a look at some stocks on the move
this past week with Red Brown. He's Bloomberg News earnings reporter.
He joins us here in the Bloomberg Interactive at Brokers Studio. Red,
I know Intel is on your radar.

Speaker 5 (00:50):
Yeah, I mean, it's just been kind of an interesting
week for Intel in general. I guess when we had
that news break that they were considering cutting a pretty
significant amount of the workforce. So much of the news
flow has been so negative for the company heading into earnings,
and I don't think anything really has drastically changed for
the company since then either, So yeah, kind of a

(01:13):
tough week for Intel in general.

Speaker 1 (01:15):
What was fascinating is Tuesday, Wednesday, Thursday, the stock was
up about fourteen percent, right, and then it got earnings
after the close on Thursday, and it was just I
think it was it was kind of as bad as
everybody thought, or even worse.

Speaker 4 (01:28):
Wait, but am I looking at this right, Carol? Up
about six percent on the week, even with today's decline correct.

Speaker 6 (01:33):
Okay, yeah, wow, because it.

Speaker 1 (01:35):
Was up fourteen percent earnings and then it was.

Speaker 4 (01:37):
Chocking investors, Like you said, read investors cheered the news.
Bluebird reported earlier this week there would be large layoffs,
and then it was pretty bad in terms of the
numbers that they set for the current for the current quarter.

Speaker 6 (01:51):
The reality kind of was a bummer.

Speaker 5 (01:53):
This is sometimes what needs to happen, right, Like you
need to just kind of reset expectations. If you are
going to successfully do the turnaround that everyone's wanting, it
just needs to kind of you need to do the
short term pain and then hopefully things will will have
the direction you want.

Speaker 1 (02:06):
You know, who's really resetting expectations? I feel like a
lot of the American airlines.

Speaker 5 (02:10):
Yeah, I mean just the fact that they're pulling their guidance. Again,
it makes sense, I guess given the circumstances that they
find themselves in, it's really difficult to get a view
even into the second quarter with what demand is going
to be. I've heard you guys talking on your show
about how people are booking earlier and earlier their flights.
That that doesn't that means as a company, you can't
get a good feel of what your your earnings are

(02:30):
going to be, what your revenues are going to.

Speaker 6 (02:31):
Be, right right, I mean, we look at you listen
to us all the time. Okay, go ahead, just trying
to stay in the good books here.

Speaker 4 (02:39):
Long time listener, longtime guest. Also right around. So we're
talking about Alaska Airlines. That was one of the stocks
that you had on your radar this week. Shares for
the week down about seven point two percent, seven point
three percent.

Speaker 5 (02:50):
Yes, And it's again it's it's back to this idea
that you just can't get a view into what is
going to be coming down the pipe, and we don't
know where travel demand is, we don't know how consumers
are thinking about their discretionary wallet necessarily. So again it
makes sense to reset expectations, just say we don't know.

(03:11):
That's the best transparency that we can give you.

Speaker 6 (03:13):
We keep laughing.

Speaker 1 (03:14):
But it's not so funny, right, how much we hear
from CEOs, the C suite uncertainty, how much we hear
from market strategy, just everybody.

Speaker 6 (03:20):
Just there is no clarity right in terms of what's coming.

Speaker 4 (03:24):
One thing I know is I love that I'll be
back nerf my little pony, Transformers action figures, dos Plato.
Hasbro is also on your radar.

Speaker 6 (03:35):
That's right, it's up like sixteen percent. Believe the way
that move this way, that's amazing.

Speaker 4 (03:41):
The reason why I say it's a confusing one is because.

Speaker 6 (03:45):
It was almost every day this week.

Speaker 4 (03:47):
Barbie, as we spoke about yesterday, is Mattel. But there's
this Hasbro Plato partnership, well, you know, or Barbie Plato partnership.

Speaker 1 (03:53):
Yeah, you pay a licensing fee and you you know,
let the little critters play with.

Speaker 4 (03:57):
I think typically when we talk about a company such
as this, for the first I think people might think
of as wait a second, wouldn't this be affected pretty
significantly by tariffs?

Speaker 3 (04:04):
Sure?

Speaker 5 (04:04):
Yeah, but you know there's sometimes like you know, toys
are and the licensing and things like that. These are
things that people are going to buy. I remember it
was a couple of quarters ago people talked about these
sort of like minor indulgences they'll give themselves. You know,
the toys might be one of those areas where you know,
it could still get the attention of people. If it's
not the most extreme outlay for somebody, you might be

(04:25):
able to spend the fifteen twenty twenty five dollars it
is to buy monopoly or what have you.

Speaker 1 (04:30):
Yeah, I guess they're gaming right. Business did pretty well,
and so I think that was some of the interesting thing.
They're gaming unit driving their beat in the first quarter,
so that you know, it wasn't the Plato Barbie stuff.
We're not done with earnings.

Speaker 3 (04:44):
Are we.

Speaker 5 (04:45):
No? No, no, I mean we're not even really halfway done. Really.
Next week is the is another huge week for us.

Speaker 1 (04:50):
You better get some sleep this weekend, because yeah, it's
going to be a killer one.

Speaker 3 (04:56):
The Stock Movers podcast from Bloomberg Radio 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.