Speaker 1: Bloomberg Audio Studios, podcasts, radio news.
Speaker 2: The Stock Movers podcast, your roundup of companies making moves
Speaker 2: in the stock market, harnessing the power of Bloomberg data.
Speaker 1: Let's take a look at some stocks on the move
Speaker 1: this week. I'm Tim Stenoveek with Nora Melnda and we're
Speaker 1: joined by Bloomberg News Cross aust reporter Isabelle Lee.
Speaker 3: Hi.
Speaker 4: Hi, it's great to be here on this Friday. I
Speaker 4: want to start with Can I start? I'll start and start.
Speaker 4: I'll start with Delta.
Speaker 3: So for the week, we saw the stock rise almost
Speaker 3: twelve percent. For today it's done but two ten to
Speaker 3: one percent. But you can just imagine that the shaved
Speaker 3: some of those losses. So why did it gain so much?
Speaker 3: It got its earnings this weekend, Delta reinstated a profit
Speaker 3: outlook for the year and said travelers are coming back.
Speaker 3: So this problem that had stocked a religious surge amid
Speaker 3: a fresh sense of confidence. We know that the consumer
Speaker 3: sector hasn't beaten down, and for a while people weren't traveling,
Speaker 3: whether domestically or internationally. So the carrier expects an adjusted
Speaker 3: profit of five dollars and twenty five cents to six
Speaker 3: dollars and twenty five cents. They also reported better than
Speaker 3: expected earning, so that's really good and Della's projections sent
Speaker 3: its shares really just sorry. So travel in the US
Speaker 3: is back, especially after President Donald Trump's tax cut and
Speaker 3: spending package. Entire discussion, so really exciting news. Do you
Speaker 3: have travel plans?
Speaker 4: Duh? Not on an airplane?
Speaker 2: Not.
Speaker 4: Yeah, I do, but transportation.
Speaker 1: All the travel I do on an airplane is for work,
Speaker 1: and we have a lot of travel you do coming up? Yeahynia,
Speaker 1: we're going to be in Denver in a few months,
Speaker 1: being California again a few months. Yeah, we go a
Speaker 1: lot of places, but no hard to fly with little.
Speaker 4: Kids, yes, fair, can you imagine?
Speaker 1: You know what's interesting about the Delta news is that
Speaker 1: they were the first company to pull their guidance, the
Speaker 1: first airline company, their first airline to pull their guide
Speaker 1: in so three months ago, what we'd be talking about
Speaker 1: is there's so much uncertainty. There's so much uncertainty, and
Speaker 1: then this week we learned, you know, travelers are coming
Speaker 1: back and there is some semblance of certainty, at least
Speaker 1: for now.
Speaker 3: There is, and maybe with the TIFFs too. We have
Speaker 3: the trade policy uncertainty of Bloomberg. We're tracking that it's
Speaker 3: inch higher, although still not as high as the April level.
Speaker 3: And then we just pushed out a stories saying that
Speaker 3: markets are complacent, that's one made to look at it,
Speaker 3: or markets just don't care and they just really want
Speaker 3: to rip through.
Speaker 5: And the CEO said that consumers are getting quote a
Speaker 5: little numb with the ongoing trade dispute. So it sounds
Speaker 5: like they're ready for us to wrap it up and
Speaker 5: go ahead and hop on a flight.
Speaker 4: That's what it sounds Why nock, all right?
Speaker 1: So Delta on your radar this week. Also, Maderna a
Speaker 1: big mover.
Speaker 3: Big mover, up ten point three percent, so let's call
Speaker 3: that eleven percent this week. So US regulators approve their
Speaker 3: COVID vaccine for children, although with a narrow group. This
Speaker 3: seems to be continuing from Robert F. Kennedy Junior's controversial
Speaker 3: policy that restricts access to shots for some kids. So
Speaker 3: maybe this is helpful to know for parents. So the
Speaker 3: FDA gave full approval of the immunization for kids under
Speaker 3: twelve who are at risk from the disease. So since
Speaker 3: the pandemic, we know that doses of COVID shots from
Speaker 3: Maderna and fives that have been made available to kids
Speaker 3: in that age range, even those not at increased risk.
Speaker 3: But Kenny, who we know is longtime critic of COVID vaccines,
Speaker 3: had a power to revoke that access. But this is
Speaker 3: good news for Moderna and maybe most of the vaccine companies.
Speaker 3: I personally haven't gotten a booster recently. I just get
Speaker 3: whatever Bloomberg offers, which is a flu shot.
Speaker 4: Did you think give us those anymore? Yeah?
Speaker 1: I think you can get a COVID shot too.
Speaker 4: I don't think so lazy.
Speaker 3: If it's not offered here, I don't do it.
Speaker 1: We're not giving medical advice here.
Speaker 4: Yeah, right, definitely not.
Speaker 5: Shares with the Journer are still down on almost twenty
Speaker 5: percent this year though, so it's interesting when you see
Speaker 5: it on the broader scale.
Speaker 4: Sorry, go ahead, no, you go ahead. PTC is also
Speaker 4: Audio Radar.
Speaker 3: PTC is their third biggest scanner, up by almost ten.
Speaker 3: So this is some kind of a merger going on,
Speaker 3: or maybe potentially potentially is the important word. So Autodesk
Speaker 3: is being an acquisition of PTC, which is this rival
Speaker 3: engineering software provider. So Autodesk has been working with advisors
Speaker 3: to really just evaluate a cash and stock deal for PTC.
Speaker 4: So PTC is a big company.
Speaker 3: Maybe consumer facing people may not know it, but it's
Speaker 3: a twenty three billion dollar.
Speaker 4: Worth market hundred yes.
Speaker 3: And it's starting interest from other industry players too, not
Speaker 3: just its rival, So no final decision has been made
Speaker 3: to The deal comes amid all of the steady consolidation
Speaker 3: in the industrial software space, where really everyone's just expecting
Speaker 3: increased demand because of AI tech, maybe crypto, I don't know,
Speaker 3: let's just stick with AI. We are saying that the
Speaker 3: deal will give Autodesk a seventeen percent share in the company,
Speaker 3: which apparently is unlikely to bump up against some of
Speaker 3: those anti trust regulations that everyone's focused on. But that's
Speaker 3: significant because the market is a nineteen billion dollar manufacturing
Speaker 3: software market, which again most people probably wouldn't know.
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