WEBVTT - Southwest Airlines Rises, Las Vegas Sands Falls, Microsoft Drops on Weak Azure Growth

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<v Speaker 1>Bloomberg Audio Studios, podcasts, radio news.

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<v Speaker 2>The Stock Movers Report, your roundup of companies making moves

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<v Speaker 2>in the stock market, harnessing the power of Bloomberg data.

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<v Speaker 2>Let's take a look to some of the stocks on

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<v Speaker 2>the move today.

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<v Speaker 1>We're joined by Bloomberg at Billy Lipschaltz. Really, what are

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<v Speaker 1>you looking at?

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<v Speaker 2>Yea?

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<v Speaker 1>I want to start with one of the best performers

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<v Speaker 1>in the S and P five hundred, that is Southwest

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<v Speaker 1>Air ticker LUV right now up rounding up called thirteen percent,

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<v Speaker 1>best day since April, trading the highest level since twenty

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<v Speaker 1>twenty two. Why the big move? They beat expectations on

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<v Speaker 1>the fourth quarter. They talked up demand for the twenty

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<v Speaker 1>twenty six expecting earnings of at least four dollars a share,

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<v Speaker 1>well above what Wall Street was looking for. That'd be

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<v Speaker 1>up over three hundred percent compared to twenty twenty five.

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<v Speaker 1>And it does stand out compared to the others that

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<v Speaker 1>we've seen in the airline space. Delta more mixed, American

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<v Speaker 1>Air more mixed in terms of print. So Southwest, Yes,

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<v Speaker 1>they were battered a bit by Elliott with their activist stake.

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<v Speaker 1>No longer are they doing the freeboard, you actually pick

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<v Speaker 1>your seat like other airlines. But so far playing out

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<v Speaker 1>pretty well for the airline, just another airline.

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<v Speaker 2>Now it's lost some that disc My.

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<v Speaker 1>Parents were like core Southwest users. They loved the credit card.

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<v Speaker 1>You got promoted one for ten. It was awesome. You

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<v Speaker 1>got to select the exit row. They're out no more?

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<v Speaker 1>All right, what's next? Las Vegas Sands Tiger LVS one

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<v Speaker 1>of the worst performers in the SAP five hundred down

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<v Speaker 1>twelve percent. Yeah, as you mentioned Paul macau, underwhelming people

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<v Speaker 1>not flying or visiting the kind of region to gamble.

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<v Speaker 1>It does seem like when you look at growth twenty

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<v Speaker 1>three percent wind growth in four Q outpacing some of

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<v Speaker 1>the market. But also the big debate has been VIP

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<v Speaker 1>how are they catering to their high rollers? Now they're

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<v Speaker 1>competing with other casino operators on the island that are

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<v Speaker 1>I'm bitching to the average joe. Have you got Yeah,

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<v Speaker 1>I've been there once. It is awesome. Man, did they

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<v Speaker 1>do a good job? I mean, they created this gambling

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<v Speaker 1>mecha out of nothing. Is it better than Vegas? Though,

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<v Speaker 1>I've heard it's like kind of a knockoff it. No,

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<v Speaker 1>it's it's very similar to Okay, I mean the colonial

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<v Speaker 1>roots though, so there's like fantastic Portuguese architecture there, there's

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<v Speaker 1>great food. It has really come a long way over

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<v Speaker 1>the last twenty thirty years. So you're bullish Macau, even

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<v Speaker 1>though the stock is down almost thirteen percent. Bullish. But

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<v Speaker 1>how's it experience? I don't go there to gamble, so

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<v Speaker 1>that I haven't. They're expressly to gagle.

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<v Speaker 2>So all right, what else do you have for us?

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<v Speaker 1>Yeah? Microsoft ticker MSFT down eleven percent. Just to put

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<v Speaker 1>that into context, meta right now is up about eight

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<v Speaker 1>percent when you look at the point differential meta on

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<v Speaker 1>the S and P five hundred, leading to fourteen point boost.

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<v Speaker 1>Microsoft is a forty six point drag, so essentially three

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<v Speaker 1>times the move when you look at the S and

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<v Speaker 1>P five hundred, even though the performance is pretty pretty similar.

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<v Speaker 1>RBC calling it out solid report, not enough to clear

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<v Speaker 1>elevated expectations AI demand AI spending. When you pair that

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<v Speaker 1>with cloud growth slowing, you're kind of dealing with an

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<v Speaker 1>issue opposite of which we saw beating expectations and talking

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<v Speaker 1>up how that AI investment is going to benefit. Big

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<v Speaker 1>move for Microsoft. Just want to call out that that

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<v Speaker 1>is the worst move since March twenty twenty, which we

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<v Speaker 1>all remember pandemic.

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<v Speaker 2>The Stockmover's report from Bloomberg Radio. Check back with us

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<v Speaker 2>news on Wall Street and for the latest market moving headlines.

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