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

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Speaker 2: Stock Movers podcast, 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 3: Lisa Mateo on Stock Mover's Lisa, what do you have?

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Speaker 1: All right?

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Speaker 4: So why don't we start with Mark? Since you mentioned it.

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Speaker 4: They pointed to the trade war between the US and China.

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Speaker 4: They say they expect to lose two hundred million dollars

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Speaker 4: to already announce tariffs in twenty twenty five. And the

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Speaker 4: thing is that doesn't account for the possibility of imposing

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Speaker 4: levies on pharmaceutical imports of the US, which could be

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Speaker 4: on top of the existing tariff. So as you know,

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Speaker 4: Mark has a big manufacturing presence in Europe, so that

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Speaker 4: means it could face additional costs. The thing is, though

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Speaker 4: the results from the first quarter weren't bad. They beat estimates.

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Speaker 4: First quarter sales fifteen and a half jillion, right, yeah,

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Speaker 4: but the shares have been up as much as one

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Speaker 4: percent I think because of that maybe, But the sales

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Speaker 4: of its cancer drug Key Trudeau, that's been in the

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Speaker 4: spot like that missed estimates, but it has newer treatment

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Speaker 4: and then that's what it's banking on it's.

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Speaker 3: Going to help you. I don't see how the White

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Speaker 3: House does anything but cave on this, because if you

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Speaker 3: go into your drug cabinet in your bathroom, how much

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Speaker 3: of it's made in America? Like next to nothing?

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Speaker 5: Yeah, I don't know. I mean I'm looking at just

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Speaker 5: at the revenue for for MRK. It's literally split fifty

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Speaker 5: US fifty percent non US, and I'm guessing that's pretty

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Speaker 5: representative a lot of these big farmer companies. But boy,

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Speaker 5: for a company like Merk to put that number out there, vix.

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Speaker 3: Under twenty eight, twenty seven six, next one.

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Speaker 5: Okay, we'll go to PEPSI.

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Speaker 4: I forgot Paul, you PEPSI coke?

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Speaker 5: What were you?

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Speaker 3: I'm a coke person, but it's not die hard.

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Speaker 5: If you put a PEPs in front of me, I'll

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Speaker 5: be just as happy.

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Speaker 3: There you go.

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Speaker 4: Okay, so Pepsi. Here's the thing they talked about global

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Speaker 4: trade uncertainty right, affecting demands not just for its soft drink,

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Speaker 4: but for the snacks too, because you were mentioning that

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Speaker 4: they the free exactly, but they also brands like Gatorade

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Speaker 4: lipped in Quaker, like huge GATORID.

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Speaker 3: Yeah, When was the last time you had a Pepsi products.

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Speaker 4: It's been a very very long time, decides. But the

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Speaker 4: other ones though, I mean the brands are are The

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Speaker 4: list goes on and on and on. But the CEO

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Speaker 4: says they're expecting more volatility, right, They're preparing for rising

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Speaker 4: supply chain costs. New tariffs are going to increase the

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Speaker 4: cost of ingredients. So they lowered their for a full

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Speaker 4: year profit outlook. They expect twenty twenty five earnings per share,

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Speaker 4: about even with twenty twenty four, and that's compared to

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Speaker 4: earlier when they predicted a growth in the mid to

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Speaker 4: single digit percentage. But here's the thing. It's not just tariffs.

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Speaker 4: Pepsi also dealing with the government efforts to eliminate artificial

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Speaker 4: dies in food. You remember talk about that. Also, they

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Speaker 4: are stopping the citizens from using the food vouchers to

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Speaker 4: buy soda. So it's not just tariffs, but it's it's

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Speaker 4: it's more that's affecting it.

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Speaker 1: And that's why there are long just like it's like

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Speaker 1: the least okay, we got to go to airlines, right,

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Speaker 1: American Airlines withdrawing its full year guidance, it says the

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Speaker 1: unease about the economy is making it tough to predict.

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Speaker 4: How the year is going to play out, so it's

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Speaker 4: a growing trend. Right Delta said, consumer confidences down on

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Speaker 4: the Parentafrontier Airlines also pulled twenty twenty five guidance. They

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Speaker 4: say the trade war killing demand for travel. Southwest Airlines

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Speaker 4: rained in its fully full growth forecast. They posted first

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Speaker 4: quarter losses as it Alaska Airlines, so you see how

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Speaker 4: this is starting to affect the airline.

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Speaker 2: The Stock Movers podcast from Bloomberg Radio. Check back with

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