1 00:00:02,520 --> 00:00:07,440 Speaker 1: Bloomberg Audio Studios, podcasts, radio News. 2 00:00:08,560 --> 00:00:12,440 Speaker 2: The Stock Movers Report, your roundup of companies making moves 3 00:00:12,480 --> 00:00:16,280 Speaker 2: in the stock market, harnessing the power of Bloomberg Data. 4 00:00:16,840 --> 00:00:18,200 Speaker 1: Let's take a look at what some of the stocks 5 00:00:18,239 --> 00:00:21,240 Speaker 1: on the move today on Paul Sweeney alongside Lisha Mattei. 6 00:00:21,280 --> 00:00:23,200 Speaker 1: We're joined by Billy Lipswaltz. Billy, what are you looking 7 00:00:23,200 --> 00:00:23,560 Speaker 1: at that here? 8 00:00:23,640 --> 00:00:23,800 Speaker 2: Yeah? 9 00:00:23,800 --> 00:00:25,759 Speaker 1: I want to start with the best performer in the 10 00:00:25,840 --> 00:00:28,320 Speaker 1: S and P five hundred, that is General Motors ticker 11 00:00:28,400 --> 00:00:33,520 Speaker 1: GM right now up fourteen percent, best days since March 12 00:00:33,560 --> 00:00:36,480 Speaker 1: twenty twenty, and on pace to close at an all 13 00:00:36,560 --> 00:00:39,920 Speaker 1: time high. The company rallying after it boosted its full 14 00:00:40,000 --> 00:00:43,600 Speaker 1: year earnings per share guidance well above what Wall Street 15 00:00:43,640 --> 00:00:46,280 Speaker 1: was looking for, city calling out that the company is 16 00:00:46,400 --> 00:00:50,680 Speaker 1: quote turning the big ship faster. We saw management talk 17 00:00:50,760 --> 00:00:53,000 Speaker 1: up the fact that they are dialing back their investments 18 00:00:53,000 --> 00:00:55,600 Speaker 1: in evs. They saw not only strong demand for some 19 00:00:55,680 --> 00:00:58,480 Speaker 1: of their trucks and other vehicles, but also price increases, 20 00:00:58,560 --> 00:01:01,680 Speaker 1: so passing along those calls. And also we saw management 21 00:01:01,960 --> 00:01:06,440 Speaker 1: talk about tariff mitigation's actions to walk back some impacts 22 00:01:06,440 --> 00:01:09,560 Speaker 1: of that. Obviously gma us company so kind of leaning 23 00:01:09,560 --> 00:01:12,360 Speaker 1: into that America first rhetoric that we've heard from the 24 00:01:12,360 --> 00:01:14,959 Speaker 1: White House, but seeming to play out again for GM 25 00:01:15,040 --> 00:01:18,959 Speaker 1: ticker GM up fourteen percent again on Pace four, a 26 00:01:19,080 --> 00:01:22,399 Speaker 1: record close. Bailly also has some good news from Coca Cola. 27 00:01:22,440 --> 00:01:24,800 Speaker 1: Apparently the sugar free ones are doing pretty well for 28 00:01:24,840 --> 00:01:27,200 Speaker 1: the company. The sugar free ones are doing well, The 29 00:01:27,360 --> 00:01:30,520 Speaker 1: diet sodas are also doing well. Coca Cola ticker KO 30 00:01:30,720 --> 00:01:32,880 Speaker 1: right now up just under four percent, so one of 31 00:01:32,920 --> 00:01:35,040 Speaker 1: the top ten performers in the S and P five hundred, 32 00:01:35,080 --> 00:01:38,360 Speaker 1: biggest inter day move since February. This came after the 33 00:01:38,360 --> 00:01:41,560 Speaker 1: company's organic sales growth came in stronger than Wall Street 34 00:01:41,600 --> 00:01:44,039 Speaker 1: was looking for. As you mentioned, Lisa, we saw the 35 00:01:44,080 --> 00:01:46,919 Speaker 1: company kind of talking up the demand for their sugar 36 00:01:46,959 --> 00:01:50,040 Speaker 1: free soda. We saw strength for their regular diet cocin 37 00:01:50,120 --> 00:01:53,400 Speaker 1: coke flagship coke products. One thing that was interesting was 38 00:01:53,600 --> 00:01:57,000 Speaker 1: weakness for their dairy and juice products. Was certainly something 39 00:01:57,040 --> 00:01:59,640 Speaker 1: to keep an eye on. Analysts calling out that part 40 00:01:59,640 --> 00:02:03,240 Speaker 1: of that is driven by capacity constraints in North America, 41 00:02:03,440 --> 00:02:06,640 Speaker 1: but broadly speaking, Wall Street quite optimistic on the company, 42 00:02:06,760 --> 00:02:09,360 Speaker 1: and again another example of a company that was able 43 00:02:09,400 --> 00:02:12,760 Speaker 1: to raise prices, so maybe not seeing as much case growth, 44 00:02:12,840 --> 00:02:16,120 Speaker 1: but also seeing consumers willing to pay up for premium 45 00:02:16,160 --> 00:02:19,280 Speaker 1: brands or at least perceee premium brands with Coca Cola, Coke, 46 00:02:19,360 --> 00:02:22,480 Speaker 1: sugar Free as well as Diet Coke. So there's another 47 00:02:22,520 --> 00:02:25,760 Speaker 1: company that seems to be doing well or adjusting to 48 00:02:25,800 --> 00:02:29,160 Speaker 1: the world of terrors. Yeah, exactly. And we're also going 49 00:02:29,200 --> 00:02:32,320 Speaker 1: to keep an eye on a stock of RTX trades 50 00:02:32,360 --> 00:02:35,120 Speaker 1: under the ticker RTX. This is formerly known as raytheon 51 00:02:35,240 --> 00:02:37,840 Speaker 1: right now up nine point seven percent, on pace to 52 00:02:37,880 --> 00:02:41,280 Speaker 1: close at its own all time high, up the most 53 00:02:41,400 --> 00:02:43,960 Speaker 1: since July. Second best performer in the S and P 54 00:02:44,040 --> 00:02:47,040 Speaker 1: five hundred. The company talking about their strength for earnings 55 00:02:47,280 --> 00:02:51,000 Speaker 1: their robust backlog is management called it revenues better than 56 00:02:51,040 --> 00:02:54,720 Speaker 1: analysts were expecting, notable upside according to the folks over 57 00:02:54,760 --> 00:02:58,519 Speaker 1: at Vertical with their jet engine division. So really seeing 58 00:02:58,560 --> 00:03:02,400 Speaker 1: some of the tailwinds playing out for more defensive stocks. 59 00:03:02,440 --> 00:03:05,600 Speaker 1: Obviously a straight up defensive company in RTX, but also 60 00:03:05,600 --> 00:03:07,720 Speaker 1: the likes of GM and Coca Cola in a day 61 00:03:07,720 --> 00:03:10,200 Speaker 1: that the S and P five hundred is essentially flat, 62 00:03:10,280 --> 00:03:12,919 Speaker 1: so kind of the other companies stepping up on a 63 00:03:13,000 --> 00:03:15,720 Speaker 1: day when we're seeing some of the recent high flyers 64 00:03:15,720 --> 00:03:18,600 Speaker 1: pulling back, whether that's in risky air spaces like quantum 65 00:03:18,639 --> 00:03:20,960 Speaker 1: computing or kind of a mag seven Nazak one hundred 66 00:03:20,960 --> 00:03:24,000 Speaker 1: that's not doing quite what investors might have been hoping 67 00:03:24,040 --> 00:03:25,720 Speaker 1: for After what was a pretty. 68 00:03:25,440 --> 00:03:31,079 Speaker 2: Strong Monday The Stock Movers Report from Bloomberg Radio. Check 69 00:03:31,160 --> 00:03:33,480 Speaker 2: back with us throughout the day for the latest roundup 70 00:03:33,520 --> 00:03:36,440 Speaker 2: of companies making news on Wall Street and for the 71 00:03:36,520 --> 00:03:40,960 Speaker 2: latest market moving headlines. Listen to Bloomberg Radio Live, catch 72 00:03:41,040 --> 00:03:44,520 Speaker 2: us on YouTube, Bloomberg dot com, and on Applecarplay and 73 00:03:44,520 --> 00:03:46,960 Speaker 2: Android Auto with the Bloomberg Business app.