1
00:00:02,520 --> 00:00:10,440
Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The Stock Movers podcast,

2
00:00:10,800 --> 00:00:14,040
Speaker 1: your roundup of companies making moves in the stock market,

3
00:00:14,240 --> 00:00:16,480
Speaker 1: harnessing the power of Bloomberg Data.

4
00:00:17,040 --> 00:00:18,680
Speaker 2: Let's jump to Stock Movers right now.

5
00:00:18,840 --> 00:00:22,640
Speaker 3: United I believe as a working relationship with GE Aerospace

6
00:00:23,040 --> 00:00:23,960
Speaker 3: on a podcast.

7
00:00:23,960 --> 00:00:24,880
Speaker 2: Here's Lisa Mantega.

8
00:00:25,000 --> 00:00:25,920
Speaker 4: I like the connection.

9
00:00:26,040 --> 00:00:26,520
Speaker 3: There you go.

10
00:00:26,600 --> 00:00:29,440
Speaker 4: So yeah, we'll start with General Electric ticker GE. Their

11
00:00:29,480 --> 00:00:32,280
Speaker 4: shares have been up about two percent a couple things,

12
00:00:32,320 --> 00:00:35,040
Speaker 4: so they boosted their full year financial guidance top Wall

13
00:00:35,080 --> 00:00:38,839
Speaker 4: Street's profit estimates for the second quarter. So what about tariffs, right, Well,

14
00:00:38,880 --> 00:00:42,559
Speaker 4: they said rebounding demand in the aviation market that softened

15
00:00:42,600 --> 00:00:44,800
Speaker 4: the impact of that global trade war. So that's what

16
00:00:44,840 --> 00:00:47,440
Speaker 4: they're saying if you look at it. GE Aerospace they

17
00:00:47,440 --> 00:00:49,760
Speaker 4: had a thirty percent jump in revenue for its commercial

18
00:00:49,760 --> 00:00:53,800
Speaker 4: business last quarter. A big recent win, its largest ever

19
00:00:53,920 --> 00:00:56,640
Speaker 4: wide body deal to sell more than four hundred engines

20
00:00:56,680 --> 00:00:59,160
Speaker 4: to Cutter Airways, So that was a big thing for them.

21
00:01:00,200 --> 00:01:04,280
Speaker 5: Jan geez up sixty six zero percent year today. Tom,

22
00:01:04,800 --> 00:01:08,319
Speaker 5: Tom and I spent our first twenty years of our career.

23
00:01:08,400 --> 00:01:09,720
Speaker 1: G was just the bomb.

24
00:01:09,840 --> 00:01:12,120
Speaker 5: It was the market, it was everything that's good about

25
00:01:12,200 --> 00:01:14,800
Speaker 5: US corporations. And then in the last ten to fifteen

26
00:01:14,880 --> 00:01:17,800
Speaker 5: years or the following ten to fifteen years was really

27
00:01:17,840 --> 00:01:20,400
Speaker 5: just the kind of the dismantling of ge. Now it

28
00:01:20,480 --> 00:01:22,600
Speaker 5: seems to have found it's vooting Tom.

29
00:01:22,840 --> 00:01:27,760
Speaker 3: It's mostly management decisions. When Larry Copp writes in the

30
00:01:27,800 --> 00:01:32,240
Speaker 3: Harvard Business Review, everyone stops and reads every word Larry

31
00:01:32,280 --> 00:01:35,160
Speaker 3: Copps gospel and making tough decisions.

32
00:01:35,400 --> 00:01:38,000
Speaker 4: Continue Lisa, Yes, okay, so we did just hear from

33
00:01:38,000 --> 00:01:40,600
Speaker 4: Scott Kirby. So let's go to United Okay, ticker. You

34
00:01:40,800 --> 00:01:43,800
Speaker 4: al their share has have been lowered down as much

35
00:01:43,800 --> 00:01:47,480
Speaker 4: as nearly three percent. It's Lady Earning's forecast. It just

36
00:01:47,680 --> 00:01:51,680
Speaker 4: wasn't as impressive as hoped. They narrow their profit range

37
00:01:51,680 --> 00:01:53,400
Speaker 4: for the year. They said, the outlooks become a little

38
00:01:53,400 --> 00:01:56,120
Speaker 4: bit more predictable. But you heard Scott Kirby. He's that

39
00:01:56,240 --> 00:01:59,040
Speaker 4: he's confident, right, a strong finish to twenty twenty five.

40
00:01:59,560 --> 00:02:03,640
Speaker 4: He was talking about feeling confident in Newark despite disruptions there.

41
00:02:03,680 --> 00:02:05,560
Speaker 4: He also said he would like to get into JFK.

42
00:02:05,880 --> 00:02:09,440
Speaker 4: So you know he kind of putting that out there, Yes, yes, yes, yes,

43
00:02:09,840 --> 00:02:12,480
Speaker 4: So he did mention that but what they mentioned in

44
00:02:12,520 --> 00:02:15,400
Speaker 4: their report is also this increase in travel demand. I

45
00:02:15,440 --> 00:02:18,080
Speaker 4: mean they said there was a double digit acceleration in

46
00:02:18,200 --> 00:02:21,800
Speaker 4: business demand so far this month compared with the second quarters.

47
00:02:21,800 --> 00:02:25,640
Speaker 5: I was at Newark Airport yesterday. That terminal a packed,

48
00:02:25,960 --> 00:02:28,200
Speaker 5: but people were moving through it was it seemed to

49
00:02:28,200 --> 00:02:28,960
Speaker 5: be working just fine.

50
00:02:29,000 --> 00:02:31,040
Speaker 4: I don't know, yes, And also I did notice I

51
00:02:31,080 --> 00:02:32,760
Speaker 4: didn't have to take my shoes off, and I do not.

52
00:02:32,880 --> 00:02:40,919
Speaker 2: Yes, that was over, and now the secretary said that

53
00:02:40,960 --> 00:02:45,359
Speaker 2: she may Secretary Roome said she may expand the liquid

54
00:02:46,320 --> 00:02:48,560
Speaker 2: as well. I mean Lisa wants to take in the

55
00:02:48,639 --> 00:02:50,080
Speaker 2: fifty eight gallon oil drum of.

56
00:02:50,120 --> 00:02:53,240
Speaker 1: Some tiny the hydrate.

57
00:02:53,360 --> 00:02:53,680
Speaker 3: Nothing.

58
00:02:53,760 --> 00:02:55,440
Speaker 5: The hydrates, I mean the kids hydrate.

59
00:02:55,800 --> 00:02:56,480
Speaker 1: You and I tradele.

60
00:02:56,520 --> 00:02:58,440
Speaker 5: We're thirsty, the kids hydrate.

61
00:02:59,200 --> 00:03:01,880
Speaker 1: That's how it hy okay.

62
00:03:01,960 --> 00:03:05,040
Speaker 4: Last one, I want to get to Lucid ticker ELCID

63
00:03:05,560 --> 00:03:08,760
Speaker 4: because they dump this highest like sixty two percent. It's

64
00:03:08,760 --> 00:03:10,760
Speaker 4: now down to about twenty eight percent or so. But

65
00:03:10,840 --> 00:03:13,919
Speaker 4: they are teaming up with Uber and also self driving

66
00:03:13,919 --> 00:03:17,320
Speaker 4: startup Neuro to launch this robotaxi fleet. So this is

67
00:03:17,360 --> 00:03:20,200
Speaker 4: big news. Uber said they're going to purchase Operate Lucid

68
00:03:20,240 --> 00:03:23,880
Speaker 4: Gravity SUVs with the neuro driver technology on its ride

69
00:03:23,880 --> 00:03:26,680
Speaker 4: sharing network. So here's what they plan. They plan to

70
00:03:26,800 --> 00:03:30,080
Speaker 4: launch it later in twenty twenty six and in not

71
00:03:30,280 --> 00:03:33,040
Speaker 4: identified major city. They haven't said where, but they planed

72
00:03:33,080 --> 00:03:35,720
Speaker 4: to play at least twenty thousand of those robotaxis over

73
00:03:35,920 --> 00:03:38,120
Speaker 4: six years, not to the Bronx, not going to the

74
00:03:38,120 --> 00:03:41,160
Speaker 4: front total. That would put me on record.

75
00:03:42,040 --> 00:03:42,840
Speaker 2: Blah blah blah.

76
00:03:43,240 --> 00:03:47,920
Speaker 3: Just I just a robotex Robotech.

77
00:03:47,400 --> 00:03:51,240
Speaker 5: Where they're if you go to they're in San Francisco,

78
00:03:52,440 --> 00:03:54,600
Speaker 5: Ed Ludlow, I mean I don't think he's driven in

79
00:03:54,640 --> 00:03:56,840
Speaker 5: the last year or two. I mean he's just rob.

80
00:03:58,760 --> 00:04:02,880
Speaker 1: The stock movers popocat from Bloomberg Radio. Check back with

81
00:04:02,960 --> 00:04:05,720
Speaker 1: us throughout the day for the latest roundup of companies

82
00:04:05,760 --> 00:04:08,800
Speaker 1: making news on Wall Street and for the latest market

83
00:04:08,840 --> 00:04:13,200
Speaker 1: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube,

84
00:04:13,240 --> 00:04:16,479
Speaker 1: Bloomberg dot com, and on Applecarplay and Android Auto with

85
00:04:16,560 --> 00:04:18,039
Speaker 1: the Bloomberg Business app.