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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 3: Let's take a look at some stocks on the move

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Speaker 3: this Wednesday. I'm trying to think what day it is

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Speaker 3: with us is Bloomberg News cross Asset reporter Isabelle Lee

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Speaker 3: back in studio.

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Speaker 4: Let's start with Caterpillar, always an important one to.

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Speaker 5: Watch, Definitely, it's a bellweather for the health of the economy,

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Speaker 5: and it's uncertain. She really has left a lot of

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Speaker 5: investors a little spooks. So shares starre edging lower bay

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Speaker 5: one and a half percent. And it's another company that

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Speaker 5: again presented dual situations. So the first is if tariffs

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Speaker 5: are enacted and if we do see a recesion by

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Speaker 5: the second half of the year, to expect slightly lower

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Speaker 5: sales this year. That guidance came in line with expectations.

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Speaker 5: The second is without tires, the companies said a profit

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Speaker 5: will be at the top end of the range with

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Speaker 5: sales little change. So for the quarter to how many

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Speaker 5: posted earnings that fell short of estimates though, but again

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Speaker 5: it's really just this uncertainty.

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Speaker 1: So this is a thing now, I think because two

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Speaker 1: weeks ago United did this, yes, and Carol said, I

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Speaker 1: don't remember the last time anyone has done this. I said,

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Speaker 1: I don't remember when anybody has done this.

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Speaker 3: I think said the same thing that she and all

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Speaker 3: of her coverage, right, So it's it just what's interesting

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Speaker 3: is how diverse those two outcomes are and what it

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Speaker 3: says about the environment we are.

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Speaker 4: We could go this way or this way, and they're very,

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Speaker 4: very different.

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Speaker 5: But one would think though, I mean not investment advice,

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Speaker 5: but at least some guidance is better than no guidance,

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Speaker 5: because that also is becoming a trend.

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Speaker 1: Very good point. Starbucks. You've got your eye on what's

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Speaker 1: going on with Starbucks.

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Speaker 3: Two.

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Speaker 4: Yeah.

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Speaker 5: So the stock has pared some of those losses but

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Speaker 5: still edging lower by more than six percent.

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Speaker 4: So I think the word for Starbucks is progress.

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Speaker 5: We have the CEO saying that the coffee chain is

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Speaker 5: making progress, but of course the flagging sales in the

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Speaker 5: latest quarter is really adding pressure. We have the same

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Speaker 5: star sales declining one percent, that's short of estimates. EPs

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Speaker 5: also miss estimates. So the new Ish s O, Brian

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Speaker 5: Nickoll said, that there's no denying the results were disappointing,

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Speaker 5: but he added that they're making progress under the hood.

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Speaker 4: And if you think.

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Speaker 5: About it, like I didn't even have to read headlines,

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Speaker 5: I do remember some of the changes he made, which

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Speaker 5: is like avoiding long lines, streamlining the menu. He said

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Speaker 5: that because there's so many people ordering online that people

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Speaker 5: in store are waiting longer, so he's looking to change

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Speaker 5: that to a little fun fact though, since he took

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Speaker 5: office power. Since he assumed the role in September, shares

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Speaker 5: have edge lower. I think around sixteen percent.

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Speaker 1: Have you noticed the writing of your name on the

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Speaker 1: mugs or on the not on the marks, but on

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Speaker 1: the paper shops. That's what they're doing. They're writing the

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Speaker 1: names instead of Oh I see.

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Speaker 5: That's good because it it used for a while to

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Speaker 5: be a sticker. Yes, I love the writing of the name.

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Speaker 1: Okay, yeah, but now the much.

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Speaker 5: Of there is a little pricey, so I only buy

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Speaker 5: on special occasions.

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Speaker 4: Well, this is what's interesting, right, he talked.

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Speaker 3: I think about same store sales numbers right being higher,

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Speaker 3: but it's this is something that is such a great

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Speaker 3: indicator about the consumer. If you're going to start cutting back,

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Speaker 3: you know, this is something you could potentially say, well,

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Speaker 3: maybe I don't go in and my cup of Starbucks.

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Speaker 4: Yes, every day that adds up. It does add up.

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Speaker 1: Yeah, this is among the company like companies are write

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Speaker 1: Up says that Craft, Time's Jet, Blue, Chipotle have all

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Speaker 1: worn that economic worries are spring shoppers to pull back

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Speaker 1: a little bit.

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Speaker 3: Yeah, keep it an eye on this one. I'm also

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Speaker 3: watching Snap in a big way.

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Speaker 4: What a big move, that.

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Speaker 5: Really big move. Down by fifteen percent. It was doubt

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Speaker 5: as much as sixteen percent earlier if I was at mistaken.

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Speaker 5: That's the most since at least August. So the company

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Speaker 5: narrowly beat revenue estimates but declined to issue a sales forecast.

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Speaker 5: So again, this is the trend and like many others,

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Speaker 5: excited really macroeconomic headwinds for its advertising business, and the

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Speaker 5: acton Wall Street was evident. We have Morgan Stanley saying

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Speaker 5: that the decision to pull the second quarter guidance this

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Speaker 5: early in the economic uncertainty speaks to how the business

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Speaker 5: is likely in worse shape. I thought that was really

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Speaker 5: a strongly worded statement. We have Gouggen Han and Raymond

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Speaker 5: James City also cutting their price target but to your point,

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Speaker 5: they're not.

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Speaker 4: The only one.

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Speaker 5: Jet Loo pulled full year out look. I think GM

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Speaker 5: was through earnings guidance. Porsche said that their shrinking margin profits.

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Speaker 5: It's really a scary and uncertain time for the companies.

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Speaker 3: I mean, you do wonder at this, you know, juncture,

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Speaker 3: whether or not how much of it is tied to

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Speaker 3: what's come out of the administration, the uncertainty, or whether

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Speaker 3: there are some companies who had issues kind of coming

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Speaker 3: into the new year, and so is it an opportunity

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Speaker 3: for the c suite to kind of throw it.

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Speaker 4: All in, you know, the kitchen sync idea.

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Speaker 5: I'm not saying that that's it, but absolutely there is

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Speaker 5: one person though in my inbox, has said that's why

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Speaker 5: did Snap do that? I mean people are on their

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Speaker 5: phones so now more than ever. I mean, if you

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Speaker 5: can't buy, at least you scroll through your phone.

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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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