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Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The Stock Movers podcast,

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Speaker 1: your roundup of companies making moves in the stock market,

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Speaker 1: harnessing the power of Bloomberg Data.

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Speaker 2: Let's take a look at some stocks on the move today.

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Speaker 2: We're joined by Bloomberg's vil Donna Hirich. She joins U

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Speaker 2: here in a studio with Dona. What are you looking at?

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Speaker 3: I'm taking a look at IBM shares, of which are

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Speaker 3: dropping some six percent a day after the company reported

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Speaker 3: results that showed strong profit but also suggested the economics,

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Speaker 3: uncertainty and US government cost cuts could be denting its business.

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Speaker 3: So obviously, this has been a theme that we've been

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Speaker 3: discussing over the last couple of weeks, how White House

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Speaker 3: policies are actually impacting companies themselves. So we're seeing more

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Speaker 3: evidence of that. We have the CEO saying that in

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Speaker 3: the near term, uncertainty may cause clients to pause. And

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Speaker 3: obviously IBM has been working to transform itself over the

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Speaker 3: last couple of years. Shares been doing okay up until

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Speaker 3: this point. There are up some twelve percent for the year,

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Speaker 3: so holding up a little bit stronger than the market overall.

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Speaker 3: But we do see shares declining today.

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Speaker 2: What about Pepsi?

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Speaker 1: It cut its fullier profit out look.

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Speaker 3: What are you seeing there?

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Speaker 1: Right?

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Speaker 3: Shares of Pepsi are down two and a half three

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Speaker 3: percent today. It's lowering its full yer profit outlook, and

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Speaker 3: it's saying it's given the unpredictable US trade policies as

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Speaker 3: well as worsening consumer sentiment, which is driving up costs

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Speaker 3: and denting demands for the company's snacks and soft drinks. Obviously,

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Speaker 3: it's an owner of a lot of brands that we're

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Speaker 3: all very familiar with, and so it gives us a

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Speaker 3: really good good look and a pretty broad view into

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Speaker 3: the state of the consumer.

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Speaker 2: Isabelle and Odona? Are you soda drinkers? I'm not partly well, yes,

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Speaker 2: partly a coke versus pepsi. You've got opinion.

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Speaker 1: But if I were to choose, I think I like

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Speaker 1: pepsi more. Is that right?

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Speaker 2: Okay?

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Speaker 1: Person?

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Speaker 2: But I'm not.

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Speaker 3: Can you put ram and pepsi?

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Speaker 2: I think you can.

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Speaker 1: I thank you.

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Speaker 2: John John from the Shore asking can you put rum

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Speaker 2: in your pepsi? I think the answer is yes. American Airlines,

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Speaker 2: what's happening? But it's known as rom and.

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Speaker 3: Coke is management PEPSI, I'm sorry. American Airlines shares are

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Speaker 3: down point five percent today. It withdrew its full year

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Speaker 3: earnings outlook, and it's obviously joining a growing number of

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Speaker 3: companies that are saying that unease about the economy is

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Speaker 3: making it difficult to make forecasts and how the rest

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Speaker 3: of the year will be playing out. Last week we

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Speaker 3: had United Air taking a very unusual step in offering

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Speaker 3: dual earnings forecasts, so one for a stable environment and

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Speaker 3: one for reduced one based on the presumption of a recession.

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Speaker 3: So again just coming back to that theme of how

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Speaker 3: policies are actually impacting companies and what they're saying on

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Speaker 3: their earnings reports on how they're seeing things play out.

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Speaker 1: The Stock Movers podcast from Bloomberg Radio. Check back with

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Speaker 1: us throughout the day for the latest roundup of companies

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Speaker 1: making news on Wall Street and for the latest market

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