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

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Speaker 2: Stock Movers Report, your roundup of companies making moves in

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Speaker 2: the stock market, harnessing the power of Bloomberg Data.

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Speaker 1: Let's take a look at some of the stocks on

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Speaker 1: the move today.

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Speaker 3: I'm Normal Indo with Alexis Christophers and we're joined by

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Speaker 3: Bloomberg's Matthew Griffin.

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Speaker 2: Tell us what are you watching right now?

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Speaker 1: Well, Nora, you talked about read across your screen today

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Speaker 1: and one name I'm watching being hit particularly hard is

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Speaker 1: American Airlines. This situation in the Middle East is really

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Speaker 1: a triple whammy for airline stocks. They rely on crude

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Speaker 1: oil to determine the price of the fuel they use,

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Speaker 1: and Jeffreys had a note out over the weekend that

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Speaker 1: every five percent move in their estimate for jet fuel

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Speaker 1: prices is a thirty five percent swing in Americans earnings

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Speaker 1: per share, so a really dramatic impact there. You also

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Speaker 1: then look at potential hits to consumer confidence from the

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Speaker 1: conflict that could cause people to pull back on travel

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Speaker 1: and on just the travel chaos in the Middle East.

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Speaker 1: Although the direct exposure there a little bit lower for

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Speaker 1: US carriers, that has the stock down more than four

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Speaker 1: percent today and extending a year to date, dropped to

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Speaker 1: nearly twenty percent. Wow.

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Speaker 3: Yeah, and I see other airlines are down. I guess

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Speaker 3: as well because of the same reasons you just outlined,

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Speaker 3: including Delta Airlines. But Lockheed Martin, I guess are people

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Speaker 3: flocking to the defense stocks given this?

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Speaker 1: Absolutely so. Lockheed trading without a dividend up about four

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Speaker 1: percent accounting for that. Also appears like Northrope palant here also,

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Speaker 1: so Defense AI. We're just talking about that. It's one

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Speaker 1: of the few you know, you don't want to say

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Speaker 1: bright spots in a conflict, but places where you're seeing

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Speaker 1: green on the screen today Truist saying this could fuel

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Speaker 1: the push for one point five trillion in US defense

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Speaker 1: spending for twenty twenty seven. Wow. Also, you've got your

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Speaker 1: eyes on Nvidia. Yes, Nvidia agreeing to invest four billion

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Speaker 1: dollars in Lumentum and Coherent, their data center optics companies,

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Speaker 1: and that's bringing the stock a little bit higher. To

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Speaker 1: find the slump up about one point nine percent.

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Speaker 2: The 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 2: moving headlines. Listen to Bloomberg Radio Live. Catch us on YouTube,

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