1 00:00:02,520 --> 00:00:07,360 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 --> 00:00:15,880 Speaker 2: in the stock market, harnessing the power of Bloomberg data. 4 00:00:16,400 --> 00:00:17,720 Speaker 1: Let's take a look at some of the stocks on 5 00:00:17,760 --> 00:00:20,520 Speaker 1: the move today. We can do that with Bloomberg's Christina Kino. Christine, 6 00:00:20,520 --> 00:00:22,200 Speaker 1: what are you looking at today? All right? Let's start 7 00:00:22,200 --> 00:00:25,280 Speaker 1: with Halliburton. Paul tick Her hal that SHAR is doing 8 00:00:25,320 --> 00:00:28,240 Speaker 1: well today, up two point seven percent, and that is 9 00:00:28,240 --> 00:00:31,520 Speaker 1: because JP Morgan raised its price target on the company, 10 00:00:31,720 --> 00:00:35,440 Speaker 1: saying that expects limited first quarter earnings impact from the 11 00:00:35,440 --> 00:00:38,720 Speaker 1: Iran war compared with this other peer. So JP Morgan 12 00:00:39,159 --> 00:00:42,159 Speaker 1: rating the stock overweights and maintaining that rating, but they 13 00:00:42,159 --> 00:00:45,280 Speaker 1: did raise the price target to forty dollars from thirty 14 00:00:45,280 --> 00:00:49,080 Speaker 1: five dollars. Current stock price around thirty nine dollars, and 15 00:00:49,159 --> 00:00:52,640 Speaker 1: so analysts from JP Morgan citing that the fact that 16 00:00:52,680 --> 00:00:56,560 Speaker 1: Halliburton maintained its guidance for Saudi Arabia and North America 17 00:00:56,840 --> 00:01:01,320 Speaker 1: compared with lower guidance by some of its peers, helps 18 00:01:01,680 --> 00:01:05,520 Speaker 1: keep up its rating there and the outlook as well. 19 00:01:05,520 --> 00:01:08,080 Speaker 1: Although second quarter earnings could see some impact from the 20 00:01:08,120 --> 00:01:10,720 Speaker 1: war but not majorly so at the moment. All right, 21 00:01:10,800 --> 00:01:13,120 Speaker 1: and let's move on to your second stock in the 22 00:01:13,200 --> 00:01:16,360 Speaker 1: tech space, absolutely, Scarlett. Let's take a look at Meta, 23 00:01:16,440 --> 00:01:19,279 Speaker 1: So take her m Eta. Those shares are down today, 24 00:01:19,480 --> 00:01:21,600 Speaker 1: expending some of those opening to clients now down two 25 00:01:21,640 --> 00:01:24,800 Speaker 1: point seven percent. And of course we all know that 26 00:01:25,080 --> 00:01:28,360 Speaker 1: Meta and Google were found liable in the first social 27 00:01:28,400 --> 00:01:31,880 Speaker 1: media addiction trial. So companies, of course have responded to 28 00:01:31,920 --> 00:01:34,880 Speaker 1: the verdict. They disagree, and Meta says that it is 29 00:01:35,000 --> 00:01:38,919 Speaker 1: evaluating its legal options. We have Bloomberg Intelligence analysts weighing 30 00:01:39,000 --> 00:01:42,160 Speaker 1: in on the verdict and its impact for the company, 31 00:01:42,280 --> 00:01:45,959 Speaker 1: saying that ultimately it's unlikely to have a material business 32 00:01:46,040 --> 00:01:50,000 Speaker 1: impact given that the case, while it was strong, it 33 00:01:50,040 --> 00:01:53,840 Speaker 1: wasn't a unanimous decision, and so that could potentially poke 34 00:01:53,920 --> 00:01:56,080 Speaker 1: some holes in the arguments depending on how the appeal 35 00:01:56,120 --> 00:01:59,800 Speaker 1: process goes. Carnival Cruise Lines. Carnival Cruise Lines, we just 36 00:01:59,800 --> 00:02:03,280 Speaker 1: got the report earlier today and that is not voting 37 00:02:03,280 --> 00:02:05,960 Speaker 1: well for to share, So it took her CCL. Those 38 00:02:05,960 --> 00:02:09,200 Speaker 1: stairs are down now more than three percent at the moment, 39 00:02:09,240 --> 00:02:12,200 Speaker 1: and as because we did get some disappointing outlooks for 40 00:02:12,280 --> 00:02:15,079 Speaker 1: the company from for both the second quarter period and 41 00:02:15,200 --> 00:02:17,959 Speaker 1: the full year period. So first quarter adjusted EPs actually 42 00:02:17,960 --> 00:02:21,519 Speaker 1: beat estimates that came in a twenty cents versus eighteen cents, 43 00:02:21,560 --> 00:02:25,040 Speaker 1: But it's the outlook that investors are worried about clearly. 44 00:02:25,440 --> 00:02:28,400 Speaker 1: So for the full year EPs, outlook is about two 45 00:02:28,480 --> 00:02:31,560 Speaker 1: dollars twenty one cents. The estimate was two dollars thirty 46 00:02:31,600 --> 00:02:35,000 Speaker 1: five cents. I also note that their fuel costs bigger 47 00:02:35,040 --> 00:02:38,360 Speaker 1: than expected, as one would expect, so now they're seeing 48 00:02:38,360 --> 00:02:40,359 Speaker 1: their fuel costs for the second quarter six hundred and 49 00:02:40,360 --> 00:02:43,160 Speaker 1: ten million versus five thirty nine for the estimate. 50 00:02:44,120 --> 00:02:48,160 Speaker 2: The Stock Mover's report from Bloomberg Radio. Check back with 51 00:02:48,240 --> 00:02:50,799 Speaker 2: us throughout the day for the latest roundup of companies 52 00:02:50,880 --> 00:02:53,959 Speaker 2: making news on Wall Street and for the latest market 53 00:02:54,000 --> 00:02:58,440 Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 54 00:02:58,560 --> 00:03:01,919 Speaker 2: Bloomberg dot com, and an Apple CarPlay and Android Auto 55 00:03:02,000 --> 00:03:08,280 Speaker 2: with the Bloomberg Business app MHM.