1 00:00:02,520 --> 00:00:07,360 Speaker 1: Bloomberg Audio Studios podcasts, radio news. 2 00:00:08,640 --> 00:00:13,040 Speaker 2: The Stock Movers podcast, your roundup of companies making moves 3 00:00:13,080 --> 00:00:18,119 Speaker 2: in the stock market, harnessing the power of Bloomberg Data. 4 00:00:18,360 --> 00:00:20,960 Speaker 1: I'm Jim Steinbeck along with Carol Masser. Let's take a 5 00:00:21,000 --> 00:00:24,639 Speaker 1: look at some stocks on the move today. Joining us 6 00:00:25,079 --> 00:00:25,959 Speaker 1: is Carol Masser. 7 00:00:26,120 --> 00:00:28,640 Speaker 3: I am indeed, I'm going to get to the Crew stocks, 8 00:00:28,640 --> 00:00:31,640 Speaker 3: because we certainly did see a move in that group 9 00:00:32,320 --> 00:00:35,639 Speaker 3: ticker CCL. We're talking about Carnival Corporation that went up 10 00:00:36,080 --> 00:00:39,720 Speaker 3: as much as ten percent high in today's session, finishing 11 00:00:39,720 --> 00:00:41,839 Speaker 3: the day with a gain of about just shy of 12 00:00:42,760 --> 00:00:47,320 Speaker 3: seven percent. Here and the company did report its latest 13 00:00:47,400 --> 00:00:50,240 Speaker 3: quarterly update, and it raised its full year profit outlook 14 00:00:50,280 --> 00:00:54,960 Speaker 3: due to strong cruise demand despite volatile economic and geopolitical conditions. 15 00:00:55,200 --> 00:00:57,840 Speaker 3: The company now expecting earnings of a dollar ninety seven 16 00:00:57,880 --> 00:01:00,440 Speaker 3: per share this year, up from its previous few of 17 00:01:00,480 --> 00:01:03,600 Speaker 3: a dollar eighty three per share, driven by strong booking 18 00:01:03,640 --> 00:01:07,280 Speaker 3: growth and record pricing. Its net yield are expected to 19 00:01:07,280 --> 00:01:10,440 Speaker 3: expand about five percent this year with customers booking trips 20 00:01:10,480 --> 00:01:14,640 Speaker 3: at higher prices and the company's newest private Bahamian island, 21 00:01:14,680 --> 00:01:17,039 Speaker 3: opening in July, is expected to provide an additional boost. 22 00:01:17,080 --> 00:01:20,800 Speaker 3: This is something we've talked about with the company's CEO. 23 00:01:20,959 --> 00:01:23,440 Speaker 3: We've talked with Josh Weinstein. A lot stock is up 24 00:01:23,440 --> 00:01:25,600 Speaker 3: about three percent year to date, but again a big 25 00:01:25,640 --> 00:01:28,480 Speaker 3: bump today in today's session, up almost seven percent. 26 00:01:28,600 --> 00:01:31,480 Speaker 1: Okay, so that's a gainer. I got a decliner for you. 27 00:01:31,640 --> 00:01:35,560 Speaker 1: In fact, a few of them US defense stocks broadly 28 00:01:35,640 --> 00:01:38,120 Speaker 1: declined today. They were pretty much at the bottom of 29 00:01:38,120 --> 00:01:40,280 Speaker 1: the S and P five hundred. You had Northrop Grumman 30 00:01:40,520 --> 00:01:45,520 Speaker 1: down three point one percent today, that's ticker NOC. Also 31 00:01:46,160 --> 00:01:50,720 Speaker 1: saw other companies such as Lockheed ticker LMT down two 32 00:01:50,760 --> 00:01:54,400 Speaker 1: point six percent. RTX Corporation, it's the company formerly known 33 00:01:54,440 --> 00:01:57,840 Speaker 1: as Raytheon fell two point seven percent, among the worst 34 00:01:57,840 --> 00:02:00,000 Speaker 1: performers in the S and P five hundred. We saw 35 00:02:00,160 --> 00:02:03,160 Speaker 1: US defense docks broadly declined as tensions appeared to cool 36 00:02:03,200 --> 00:02:04,720 Speaker 1: in the Middle East. We did see a run up 37 00:02:04,760 --> 00:02:07,600 Speaker 1: in some of these names, yeah, over the last twelve 38 00:02:07,680 --> 00:02:10,480 Speaker 1: to fourteen days as a result of tensions escalating in 39 00:02:10,480 --> 00:02:12,760 Speaker 1: the Middle East. We all saw the news over the 40 00:02:12,760 --> 00:02:18,880 Speaker 1: weekend about different munitions and different aircraft that were used. 41 00:02:19,160 --> 00:02:24,359 Speaker 1: These defense contractors, beneficiaries of the use and procurement of 42 00:02:24,440 --> 00:02:25,160 Speaker 1: these materials. 43 00:02:25,280 --> 00:02:27,800 Speaker 3: Yeah, and I think many people would say that in general, 44 00:02:27,880 --> 00:02:30,440 Speaker 3: you're going to see a lot more defense spending. We've 45 00:02:30,440 --> 00:02:34,840 Speaker 3: talked about Europe doing more to defend itself. But interesting 46 00:02:34,880 --> 00:02:37,080 Speaker 3: to see that trade. Hey, I want to go to Uber. 47 00:02:37,320 --> 00:02:40,200 Speaker 3: It was up about seven and a half percent at 48 00:02:40,240 --> 00:02:44,560 Speaker 3: its close today, shares trading higher on this Tuesday after 49 00:02:44,560 --> 00:02:46,480 Speaker 3: the right hailing company said in a press release that 50 00:02:46,520 --> 00:02:50,200 Speaker 3: it will be partnering with alphabets Weimo to offer ride 51 00:02:50,200 --> 00:02:54,639 Speaker 3: sharing through autonomous vehicles in Atlanta. Now. In addition, line, 52 00:02:54,760 --> 00:02:58,160 Speaker 3: the Uber backed electric bike startup has hired investment banks 53 00:02:58,160 --> 00:03:01,360 Speaker 3: to prepare for a usipoing to report from Reuters. So 54 00:03:02,000 --> 00:03:06,840 Speaker 3: kind of a double whammy to the upside. As I mentioned, 55 00:03:06,880 --> 00:03:09,360 Speaker 3: I mean, take a look at Uber just here in 56 00:03:09,440 --> 00:03:12,639 Speaker 3: twenty twenty five year to date. It's up almost fifty 57 00:03:12,720 --> 00:03:16,760 Speaker 3: two percent so far this year, so it has really 58 00:03:16,760 --> 00:03:19,880 Speaker 3: been an outperformer. But again adding on another seven and 59 00:03:19,960 --> 00:03:21,560 Speaker 3: a half percent in the Tuesday trade. 60 00:03:21,639 --> 00:03:24,320 Speaker 1: Yeah, I'm looking at shares of FedEx right now, down 61 00:03:24,360 --> 00:03:27,600 Speaker 1: in the after hours by about four point six percent. 62 00:03:27,720 --> 00:03:31,200 Speaker 1: The company forecasted adjusted earnings of three dollars and forty 63 00:03:31,240 --> 00:03:33,280 Speaker 1: cents to four dollars a share for its fiscal first 64 00:03:33,360 --> 00:03:38,240 Speaker 1: quarter that was below analyst estimates the ticker FDx for FedEx. 65 00:03:38,600 --> 00:03:42,320 Speaker 1: The company cites an uncertain global demand environment and will 66 00:03:42,320 --> 00:03:46,000 Speaker 1: only provide a quarterly outlook, rather Carol than a full 67 00:03:46,080 --> 00:03:49,760 Speaker 1: year forecast. FedEx reporting just after the bell today, shares 68 00:03:49,800 --> 00:03:52,440 Speaker 1: down in the after hours by about four point six percent. 69 00:03:52,480 --> 00:03:53,760 Speaker 3: And I'm just going to remind you this on a 70 00:03:53,840 --> 00:03:55,520 Speaker 3: day where we saw rallying equities and you had the 71 00:03:55,600 --> 00:03:58,680 Speaker 3: Nasdaq one hundred hitting a record in today's session. 72 00:04:00,880 --> 00:04:05,200 Speaker 2: The Stockmovers podcast from Bloomberg Radio. 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