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Speaker 1: Bloomberg Audio Studios podcasts, radio news.

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Speaker 2: The Stock Movers podcast, your roundup of companies making moves

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Speaker 2: in the stock market, harnessing the power of Bloomberg Data.

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Speaker 1: Let's get a check on some stocks that are on

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Speaker 1: the move today with us as Bloomberg News Cross Asset

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Speaker 1: reporter Isabelle Lee. Isabelle, what are you watch him?

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Speaker 3: American Towers, so shares are edging higher by almost five percent,

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Speaker 3: and that's after the company reported earnings that beat expectations

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Speaker 3: and give an outlook that is seen as positive. So

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Speaker 3: American Tower is a wireless communications real estate investment trust,

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Speaker 3: So that took me a while to really understand. So

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Speaker 3: for the first quarter that adjusted EBITA was hired in estimates,

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Speaker 3: as was the revenue, and for the year ahead it

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Speaker 3: was the same story. We have Key Bank Capital Markets

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Speaker 3: seeing the results are positive and the better than expected

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Speaker 3: on key Metrics results was great. We have Cities saying

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Speaker 3: the same thing, the results are positive, and we have

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Speaker 3: more at Nathanson saying that these are strong results and

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Speaker 3: they said that this boats well for the growth over

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Speaker 3: the coming periods. You're also looking at shares of Honeywell

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Speaker 3: Right gaining almost five percent today, yes, lots of green

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Speaker 3: on the screen, so honeywell, that's an industrial conglomerate. They

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Speaker 3: raise their folio guidance for their EPs. So the company,

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Speaker 3: which plants to split the company into three separate companies,

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Speaker 3: also said that they will use a multi prong approach

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Speaker 3: to offset around five hundred million dollars in TIREFF exposure.

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Speaker 3: So this includes targeting, pricing moves and finding alternative sources

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Speaker 3: for supplies. And still the outlook for the demand remains uncertain.

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Speaker 3: We have JP Morgan giving a nuanced comment. They said

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Speaker 3: that quote, it's a solid quarter, though not quite as

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Speaker 3: strong as the headline suggests, with most of the upside

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Speaker 3: from the below the line items for the first quarter.

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Speaker 3: They also gave a nod. They said that raising the eps'

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Speaker 3: outlook and offsetting the five hundred million dollars of tire

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Speaker 3: for exposure reflects agile operational execution.

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Speaker 1: All right, you're also watching shares of Pfizer in the

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Speaker 1: pharmer space. What's going on with Pfizer?

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Speaker 3: This is also edging higher by nearly four percent, So

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Speaker 3: the company is cutting another one point two billion dollars

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Speaker 3: from its spending while they really search for the next

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Speaker 3: big hit. We know that their ob City pill failed.

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Speaker 3: In an interview with Bloomberg, the CEO said it expects

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Speaker 3: to pull off three or two or three deals totally

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Speaker 3: as much as fifteen billion dollars this year, really just

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Speaker 3: to replenish the pipeline after again the failed ob City pill.

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Speaker 3: So the company's first quader revenue also fell short estimates,

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Speaker 3: but they did maintain their twenty twenty five outlooks. So

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Speaker 3: we talked about this early, and it's interesting that investors

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Speaker 3: are choosing to focus on the positive, because sometimes they

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Speaker 3: choose to focus on the negative. The company didn't give

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Speaker 3: details though on how existing TIFFs will impact their business,

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Speaker 3: so that's another ambiguity right there.

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Speaker 1: YEA, for four straight days, Well, it's pretty remarkable. I mean,

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Speaker 1: I'm zooming out on the chart right now. I'm looking

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Speaker 1: at its high back on December of twenty twenty one.

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Speaker 1: This is remember at the height of the COVID pandemic,

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Speaker 1: when it was one of the two well, I don't

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Speaker 1: want to say one of the two, but one of

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Speaker 1: several shots that were approved, one of the two mRNA

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Speaker 1: vaccines that were approved here in the US. Down fifty

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Speaker 1: four percent, absolutely, so.

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Speaker 3: They've really struggled amid the declining demand for COVID vaccines, Like,

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Speaker 3: I mean, who was even maybe some people are actually

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Speaker 3: still to making those shots. But what's the next big

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Speaker 3: thing for them? I mean, it can't be a one

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Speaker 3: hit wonder, and they have a sivers of multi billion

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Speaker 3: dollar acquisitions and that still really hasn't panned out.

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Speaker 1: Yeah, and the weight loss hiccup too that they had,

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Speaker 1: especially competing with a company such as Novo Nordisk and

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Speaker 1: Eli Lilly.

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Speaker 3: Yes, so we'll see what happens to them, but for

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Speaker 3: now it's looking like they might have something after that

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Speaker 3: failed a visit to pill But for you're right, five

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Speaker 3: years with that time horizon, they're down thirty percent.

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Speaker 2: The Stock Movers podcast from Bloomberg Radio. Check back with

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Speaker 2: us throughout the day for the latest roundup of companies

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Speaker 2: making news on Wall Street and for the latest market

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Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube,

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