WEBVTT - Introducing Stock Movers

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<v Speaker 1>Hi, I'm Doug Krisner introducing you to the new Stockmovers

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<v Speaker 1>podcast from Bloomberg. The show brings you short episodes five

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<v Speaker 1>minutes or less, covering the stocks making gains and losses

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<v Speaker 1>in today's trading. Subscribe to The Stock Movers on Apple, Spotify,

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<v Speaker 1>or wherever you get your podcast. Now. Here's a sample

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<v Speaker 1>of the latest episode from our team at Bloomberg.

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<v Speaker 2>Bloomberg Audio Studios, Podcasts, radio News.

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<v Speaker 3>The Stock Movers podcast your roundup of companies making moves

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<v Speaker 3>in the stock market. Harnessing the power of Bloomberg data.

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<v Speaker 3>Let's take a look at some stocks on the move

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<v Speaker 3>this week. Here in the studio with us is Bloomberg

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<v Speaker 3>News Aquities reporter Alexandra Semenova. Hey, I think we can

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<v Speaker 3>transition right to another airline at the top of air list.

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<v Speaker 4>Alex Yeah, I'm taking a look at American Airlines today

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<v Speaker 4>with the Drewidz full Yer earnings outlook, A lot of

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<v Speaker 4>companies have been doing that. It's also joining some of

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<v Speaker 4>its peers in doing that. We saw that from Delta Airlines,

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<v Speaker 4>the owner of Frontier. Obviously, as there's so much uncertainty

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<v Speaker 4>about the outlook for consumers, there's seems to be a

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<v Speaker 4>pull back in travel demand obviously as tariffs wound the

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<v Speaker 4>economic outlook.

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<v Speaker 5>What's interesting though, is Americans up we've had bad news

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<v Speaker 5>on the airlines over the last month or so, and

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<v Speaker 5>saying a lot of it's maybe priced in already and

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<v Speaker 5>that people are traveling.

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<v Speaker 2>Yeah, I don't know if you have anything booked for

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<v Speaker 2>the summer, Alex, but post pandemic people are just waiting

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<v Speaker 2>longer and longer to book their flights. I don't know

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<v Speaker 2>what that has to do with I think also it.

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<v Speaker 5>Has to do it gay more like right, like if

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<v Speaker 5>you well.

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<v Speaker 2>More, if you get closer to the date. But I

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<v Speaker 2>think the flexibility now is helpful, Like you can there's

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<v Speaker 2>so many tickets you can buy where it's just like,

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<v Speaker 2>oh you can change that for no fee. That was

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<v Speaker 2>new during the pandemic.

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<v Speaker 5>Yeah, that is and that's their And.

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<v Speaker 4>I think also after the pandemic there's just this hunch

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<v Speaker 4>to try and book trips as often as possible that

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<v Speaker 4>it's just not going away. I don't know about you guys,

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<v Speaker 4>but definitely take.

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<v Speaker 5>Me somewhere exactly what else you got for us?

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<v Speaker 4>So I'm also looking at comcasts. They reported a pretty

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<v Speaker 4>big loss in customers. They lost one hundred and ninety

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<v Speaker 4>nine thousand domestic broadband customers and four hundred and twenty

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<v Speaker 4>seven thousand PAYTB customers in the fourth quarter first quarter. Rather,

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<v Speaker 4>those losses were both more than Wall Street US expected.

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<v Speaker 4>Pretty bad earnings right out here. The company's earnings actually

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<v Speaker 4>rose to one point nine to share that beat estimates,

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<v Speaker 4>and their revenue fell slightly to twenty nine point nine

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<v Speaker 4>billion dollars. But it was really again that customer metric

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<v Speaker 4>that everyone was watching, and shares are falling today.

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<v Speaker 5>Yeah, that's kind of Stuck's done about eleven percent also

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<v Speaker 5>year to date. IBM, it's a name that we were

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<v Speaker 5>breaking down the earnings after the close yesterday.

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<v Speaker 2>I was having a good year up until yesterday's report,

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<v Speaker 2>basically exactly.

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<v Speaker 4>It just basically the takeaway from this report was that

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<v Speaker 4>it wasn't good enough for investors. It wasn't necessarily bad,

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<v Speaker 4>It's just that the bar is so high for this company.

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<v Speaker 4>So the stock actually fell the most in a year today,

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<v Speaker 4>suggesting economic uncertainty. Expectations that the cut and costs to

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<v Speaker 4>government spending might affect the business of First quarter sales

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<v Speaker 4>increased almost one percent of fourteen point five billion dollars

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<v Speaker 4>and profit was one sixty ashore. Again, the numbers aren't bad,

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<v Speaker 4>just clearly disappointing investors. Not enough assurance that the business

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<v Speaker 4>will be good.

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<v Speaker 2>Yeah, I mean we spoke to Brent dell over at

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<v Speaker 2>Jeffrey's yesterday who said that Arvin Krishnan is doing a

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<v Speaker 2>great job of transitioning this company away from hardware, actually

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<v Speaker 2>away from consulting, which it's been known for for years,

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<v Speaker 2>and really focusing on moving to the AI and services

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<v Speaker 2>and that's just.

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<v Speaker 5>Much more I think profitable. Yeah, certainly for the company.

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<v Speaker 2>Right, there's a lot of competition.

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<v Speaker 4>Yeah, competition and also the CEO today saying in the

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<v Speaker 4>near term, uncertainty may cause clients to pause. That keyword

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<v Speaker 4>uncertainty has been just coming across We just allowed.

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<v Speaker 5>Is anybody allowed to use the bird uncertainty at this point?

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<v Speaker 2>I mean, everybody's using the words.

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<v Speaker 4>It's keyword in the dictionary.

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<v Speaker 5>It does seem like the only word in the dictionary.

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<v Speaker 1>Certainly.

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<v Speaker 5>I know we've been tracking like how many times, like

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<v Speaker 5>CEOs are saying it on Earning's color. I think we

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<v Speaker 5>did last time around.

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<v Speaker 4>Yeah, we're keeping eye on that.

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<v Speaker 3>The Stockmovers podcast from Bloomberg Radio. Check back with us

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<v Speaker 3>throughout the day for the latest roundup of companies making

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<v Speaker 3>news on Wall Street and for the latest market moving headlines.

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<v Speaker 3>Listen to Bloomberg Radio Live, catch us on YouTube, Bloomberg

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