Bloomberg Audio Studios podcast, The Stock Builders Report, your roundup of companies making moves in the stock market, harnessing the power of Bloomberg Data. Let's got a sense of what's happening out there with stocks on the move today.
We can do that with they need to hold that. What are you looking at today in the stock market? We have to talk about General Motors. Obviously, profits are expected to grow as much as two billion this year. Stock is on a tier up nearly seven percent today. Ticker of course is GM. So there is this interesting trend.
A lot of those legacy auto makers are benefiting from President troops effort to water down by an era of fuel economy, and a lot of those big vehicles like the SUVs they have, the GMC, Sierra and Calik those are the vehicle that are driving a lot of the profits. And we see adjusted earnings before interesting taxes this year we'll range from thirteen billion to fifteen billion, which is so sugnificantly higher than what we saw last year. A
lot of optimism. The company was already up fifty percent last year, so a pretty strong start of twenty twenty six as well. All right, let's stay with the transportation theme. What else are you looking at? Moving to airlines? Things don't look so good for Jet Blue. The company report the wider laws then expect that there are a lot of challenges in the strategy to win over high paying customers.
That's been their new push. What we saw is the carrier posted and just did loss of forty nine since a share three cents worse than one the street was expected. Jet Blue has posted operating losses for several years. The airline has been turning to those high end consumers and trying to most of them. For example, they have been they opened their first airport launch, but so far where yet to see if that high end consumer will bring in off revenue. The share film as much as nine percent.
Now they're down four percent. GBLU.
You guys fly Jet Blue?
Rong?
I do because we go to the West Coast all the time to see a family, to see my kids, and they have the most you know, options in terms of direct life. Yeah, I mean, I don't have a problem with that, although I do think it's interesting that they're focusing so much on the premium customer when they spend so much time making clear that that was not who they were yeah.
I also go to the West coast. It feels they are very good for those short roads. And you know, have you gone to the lounge yet, the new lounge? No? No, No, I don't have access to yet. Yeah. UPS, what do you got for us? UPS? Another gainer Today UPS is up nearly two percent a ticker as UPS. Of course, they forcus full year sales above Wall Streets expectations. There have been a lot of cuts and efforts for the
company to improve their profitability. The stock them bout twenty one percent last year, as the SMP had a double digit gain. What we're seeing is revenue will be about ninety billion in twenty twenty six. Upsad in a statement, I only said anticipated lord and that, so some of the optimism is coming from that. UPS has been trying to cut costs. It says it has saved three point five billion twenty twenty five, so it's clearly working, but
it's a long way ahead. They're planning to They have closed and facilidated sorting facility, offering buyouts to union drivers, cutting back on seasonal workers. There have been a lot of those efforts and sold this so far this year, a small gain after a big loss last year for sure.
The Stock Movers Report from Bloomberg Radio. Check back with us throughout the day for the latest roundup of companies making news on Wall Street and for the latest market moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, Bloomberg dot com, and on Applecarplay and Android Auto with the Bloomberg Business app.