Speaker 1: Bloomberg Audio Studios, podcasts, radio News, The Stock Movers Report,
Speaker 1: your roundup of companies making moves in the stock market,
Speaker 1: harnessing the power of Bloomberg Data.
Speaker 2: Let's take a look at some stocks on the move today,
Speaker 2: Alexis Kristoffers.
Speaker 3: And let's start with one of the airlines in the
Speaker 3: news today, Tom, that's American Airlines. The stock is up
Speaker 3: better than two and a quarter percent right now. Okay,
Speaker 3: it lowered its full year earnings target, saying it may
Speaker 3: end the year with a loss. It's all I know,
Speaker 3: But I think it's one of those Hey, look, it
Speaker 3: wasn't as bad as expected. And they also believe, as
Speaker 3: do a lot of the other airlines, that they're going
Speaker 3: to be able to pass along those higher jet fuel
Speaker 3: costs to us the consumer when we decide to travel
Speaker 3: this summer and for the you know, foreseeable future. But
Speaker 3: the carrier says it's going to absorb four billion dollars
Speaker 3: in additional fuel costs from the war in Iran. But again,
Speaker 3: you know, these prices, these airfares are just going up
Speaker 3: across the board at internet National airlines as well. So
Speaker 3: we heard from Southwest Airlines as well today it's updating
Speaker 3: its full year profit guidance were declined rather to update
Speaker 3: its full year profit guidance. American, though, has lost twenty
Speaker 3: five percent in value this year, more than twice as
Speaker 3: much as the Bloomberg World Airlines Index.
Speaker 2: Wow, know that.
Speaker 4: I didn't know American was so much smaller than Delta
Speaker 4: and United. That's what I learned recently.
Speaker 3: Right, you think like the three big ones are all like,
Speaker 3: you know, sort of the same. But also American and
Speaker 3: Alaska air they're looking to pursue a revenue sharing agreement
Speaker 3: or some sort of a strategic partnership. But Bloomberg is
Speaker 3: reporting the two were not talking about merging, So no
Speaker 3: merger between American and Alaska, but ways to sort of
Speaker 3: revenue share. Okay, let's talk a little makeup which I
Speaker 3: know you guys know all about. This is Loreale up
Speaker 3: nine percent, biggest one day jump since twenty ten. Didn't
Speaker 3: know that until I read the story on the terminal
Speaker 3: reporting it strongest quarterly sales in two years. You know
Speaker 3: where it's getting a boost to China? Really, they said
Speaker 3: the stock market there is doing well, and so people
Speaker 3: are you know, now they have high end and low
Speaker 3: when they have Mabeline land Comb and they have a
Speaker 3: whole bunch of different products skincare, not just make up,
Speaker 3: shampoo as well, so they can sort of, you know,
Speaker 3: whether the storm better than a lot of their competitors.
Speaker 4: I'll steal taught me something. You have to invest in
Speaker 4: your face. That's all she told me. Charlie Roy John
Speaker 4: look at me now, John Talker and I we we
Speaker 4: missed that message. So but anyway, that's what Alex Steel
Speaker 4: told us.
Speaker 2: We have to stop the show right now. Alexis kustaf
Speaker 2: is surveillance cosmetic expert. Here the kids, the girls are
Speaker 2: nuts about this.
Speaker 3: Nut's about the skincare. Like in the bathroom, was I
Speaker 3: thinking about, Oh, let me put on some night cream?
Speaker 2: Is not someday someday I'll steal my mom's lipstick. These kids,
Speaker 2: it's it'spora right.
Speaker 3: It's Sephora. Absolutely, it's all to beauty. It's all those
Speaker 3: places the girls go out and something.
Speaker 2: At CBS behind the lolack of counter.
Speaker 3: Now they're asking mom and dad to foot the bill.
Speaker 1: It really thank you.
Speaker 2: It's good to know about that.
Speaker 3: Yeah, by the way, you mentioned lipstick. You know the
Speaker 3: lipstick effect where they say, you know, consumers turn to
Speaker 3: these small indulgences to make themselves feel better during uncertain times.
Speaker 3: Rial CEO said, that's what's happening as well.
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