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Speaker 1: Bloomberg Audio Studios, podcasts, radio news.

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Speaker 2: The Stock Movers Report, 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 take a look at some stocks on the move today.

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Speaker 1: I'm Nathan Hager, joined by Bloomberg's Dan Curtis as we

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Speaker 1: kick off fourth quarter earning season, and it looks like

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Speaker 1: investors in JP Morgan Chase feel like it's a pretty

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Speaker 1: positive kickoff here. Good morning Dan, Good morning Nathan.

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Speaker 3: That's right. So JP Morgan Chase shares are gaining about

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Speaker 3: one percent in the pre market right now. We still

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Speaker 3: have some news coming out, but you know, it looks

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Speaker 3: pretty positive so far. The bank report fourth quarter earnings,

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Speaker 3: most measures be estimates that included trading revenue because there's

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Speaker 3: been so much volume in the markets. The company also

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Speaker 3: topped estimates for managed net interest income, which is one

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Speaker 3: of those key measures that Wall Street look at looks at.

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Speaker 3: It's also pretty optimistic about the future. It's saying that

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Speaker 3: the twenty twenty six net interest in come that measure

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Speaker 3: we just spoke about, is going to be in about

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Speaker 3: one hundred and three billion dollars for the year. That

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Speaker 3: is about three percent higher than Wall Streets estimate, so

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Speaker 3: a bit of a bit more good news there. The CEO,

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Speaker 3: Jamie Diamond did come out. He normally makes some comments

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Speaker 3: at his earnings. Wall Street follows that very much, so

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Speaker 3: just worth highlighting that he does see the US economy

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Speaker 3: has remained resilient. He sees consumer spending healthy and businesses

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Speaker 3: generally doing well. He's, you know, he is kind of

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Speaker 3: a guru across Wall Street, and he is warning that

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Speaker 3: markets are underappreciating geopolitical hazards and the risk of sticky inflation.

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Speaker 3: So while that might not be Jp Morgan specific, something

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Speaker 3: that might temper some of the enthusiasm of the numbers.

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Speaker 1: Speaking of tempered enthusiasm, what about Delta Airlines That stock

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Speaker 1: is sinking after earnings.

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Speaker 3: Yeah, it's down six percent in the pre market. Now

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Speaker 3: tick or d al. It's a story of this year actually,

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Speaker 3: So the company came out report fourth quarter earning that

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Speaker 3: did be analyst estimates, But twenty twenty six, the earnings

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Speaker 3: guidance for this year is six dollars and fifty cents,

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Speaker 3: six dollars and fifty cents to seven dollars and fifty cents.

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Speaker 3: Most of that range is under the seven to twenty estimates,

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Speaker 3: so this year is looking not quite as strong as

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Speaker 3: Wall Street was expecting. The company has been positioning to

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Speaker 3: fill premium seats that's paying off. They see most of

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Speaker 3: their expansion coming from business travelers, where they have seen

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Speaker 3: a lot of health, but still not quite the health

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Speaker 3: that they are that you know Wall Street is looking for.

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Speaker 3: They also did sign a deal with Boeing so they

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Speaker 3: can get up to sixty Boeing seven eighty seven Dreamliner jets.

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Speaker 3: A little bit of a boost to Boeing stock in

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Speaker 3: the pre market half a percent, and then this is

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Speaker 3: a bit in the weeds, but it secured a contract

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Speaker 3: with g Aerospace to service jets. Just yesterday, Airbus was

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Speaker 3: saying that engine shortage issues will continue this year. So

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Speaker 3: having having someone able to fix the jets, which has

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Speaker 3: been a critical component for the airlines, is something that

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Speaker 3: is small but may help offset some of the pinch

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Speaker 3: this year.

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Speaker 1: We're seeing a big boost this morning for L three

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Speaker 1: Harris shares as well a big deal with the Pentagon.

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Speaker 3: That's right, the Department of Defense is set to invest

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Speaker 3: one billion dollars in the company's missile business. The cash

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Speaker 3: infusion will help support expanding the capacity for the Defence

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Speaker 3: Department's critical missile programs, so that's missiles that include the Tomahawk,

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Speaker 3: the Tomahawk missile itself. The money is going to be

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Speaker 3: a convertible preferred which is, you know, kind of this

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Speaker 3: half half equity thing that will convert into equity when

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Speaker 3: L three Harris IPOs the missile unit. It's looking to

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Speaker 3: do that in the second half of the year, maintain

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Speaker 3: a controlling stake, and that is lifting the shares up

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Speaker 3: twelve percent in the pre market undertick our LHX.

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Speaker 2: This stock Movers report 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 3: Mm hmm