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

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Speaker 3: We are joined by Bloomberg's Valerie Titel and the stock

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Speaker 3: getting the most attention. I got to say this morning,

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Speaker 3: val Google parent Alphabet looks like the company delivered for

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Speaker 3: investors good morning.

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Speaker 1: Yeah, they did, and it's one of the stock set's

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Speaker 1: up this morning in the free market trade go Google.

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Speaker 1: Alphabet is up four point seven percent after the sales

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Speaker 1: beat estimates on Google's search ad business. They reported first

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Speaker 1: quarter revenue and profit that exceeded Wall Street expectations, driven

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Speaker 1: by search advertising. Their cloud business was also strong and

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Speaker 1: operating margins came in better than expected. Alphabet remains heavily

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Speaker 1: invested in AI, boosting spending on servers and data centers,

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Speaker 1: and capex continues at a healthy pace. So good news

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Speaker 1: all around for Alphabet. Those shares are up four point

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Speaker 1: six percent in pre market.

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Speaker 3: So good news for Alphabet, Not so good news for Intel.

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Speaker 2: Yeah.

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Speaker 1: Intel on the downside, down seven and a half percent

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Speaker 1: so far in pre market trade. This came after they

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Speaker 1: reported earnings after the bell yesterday. Revenue forecast for the

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Speaker 1: current quarter came below analyst projections, and the company warned

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Speaker 1: of a tariff fueled recession that could hurt chip demand.

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Speaker 1: The CFO said the current macroeconomic environment is creating elevated

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Speaker 1: uncertainty across the industry, which is a reflected inner outlook.

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Speaker 1: Intel also did confirm our earlier reporting that it plans

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Speaker 1: to cut management jobs as its new CEO attempts a turnaround.

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Speaker 1: The company does plan to reduce operating costs this year

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Speaker 1: and next year, and we'll cut spending on new plants

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Speaker 1: and equipment to shore up its finances. So Intel, a

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Speaker 1: little bit of bad news there. Stock is down seven

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Speaker 1: and a half percent in pre market, and we have

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Speaker 1: more earnings.

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Speaker 3: Just this morning in the pre market, we heard from

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Speaker 3: Colgate Paul Malive, those consumer staples companies. We're getting so

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Speaker 3: much attention around the trade war.

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Speaker 1: Yeah, a little bit of good news here. They came

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Speaker 1: in with the beat on their first quarter adjusted EPs.

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Speaker 1: The reading through some strong comments from the CEO in

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Speaker 1: this initial interview that the share is up around eight

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Speaker 1: tens of a percent doesn't sound like much, but the

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Speaker 1: broader equity market is down nearly half a percent, so

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Speaker 1: it is outperforming on those earning announcements.

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Speaker 3: And we've got T Mobile on your radar as well.

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Speaker 1: Yeah, this one's to the downside. T Mobile down five

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Speaker 1: point six percent. This was the last of the big

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Speaker 1: three telecoms to report they added less subscribers than expected.

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Speaker 1: The firm, coming under pressure from rising competitions, didn't come

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Speaker 1: as bad as Verizon that actually lost subscribers, so they

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Speaker 1: continued to add them, but just less than expected. Let's see,

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Speaker 1: it seems like AT and T has been the winner

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Speaker 1: of this earning season, with the only one to report

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Speaker 1: better than expected subscriber numbers Verizon T Mobile falling behind.

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Speaker 1: So T Mobile falling five point six percent due to

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Speaker 1: increase competition.

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Speaker 3: And yet another company pulling its guidance. And this one

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Speaker 3: is Sketchers getting punished in the pre market.

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Speaker 1: Vunumin Yeah, definitely Sketchers following seven point three percent in

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Speaker 1: the pre market. The company withdrew its full year outlook

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Speaker 1: citing macroeconomic uncertainty stemming from global trade policies. Latest company

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Speaker 1: to pull their full year guidance. We also had American

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Speaker 1: Airlines pulling their full guidance yesterday. The company also did

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Speaker 1: report first quarter sales at disappointed expectations, so that was

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Speaker 1: also a disappointment. So Sketchers down seven point three percent.

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Speaker 1: We're also seeing some other retailers fall off the back

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Speaker 1: of this. Nike is actually down one point two so

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Speaker 1: keep an eye on retailers as the market opens.

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

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Speaker 2: us throughout today for the latest roundup of companies making

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Speaker 2: news on Wall Street and for the latest market moving headlines.

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