Bloomberg Audio Studios, podcasts, radio News.
The Stock Movers Report, your roundup of companies making moves in the stock market, harnessing the power of Bloomberg data.
Let's take a look at some of the stocks on the move today. We can do that with Bloomberg's Christina Kino. Christine, what are you looking at today? All right? Let's start with Halliburton. Paul tick Her hal that SHAR is doing well today, up two point seven percent, and that is because JP Morgan raised its price target on the company, saying that expects limited first quarter earnings impact from the
Iran war compared with this other peer. So JP Morgan rating the stock overweights and maintaining that rating, but they did raise the price target to forty dollars from thirty five dollars. Current stock price around thirty nine dollars, and so analysts from JP Morgan citing that the fact that Halliburton maintained its guidance for Saudi Arabia and North America compared with lower guidance by some of its peers, helps keep up its rating there and the outlook as well.
Although second quarter earnings could see some impact from the war but not majorly so at the moment. All right, and let's move on to your second stock in the tech space, absolutely, Scarlett. Let's take a look at Meta, So take her m Eta. Those shares are down today, expending some of those opening to clients now down two point seven percent. And of course we all know that Meta and Google were found liable in the first social media addiction trial. So companies, of course have responded to
the verdict. They disagree, and Meta says that it is evaluating its legal options. We have Bloomberg Intelligence analysts weighing in on the verdict and its impact for the company, saying that ultimately it's unlikely to have a material business impact given that the case, while it was strong, it wasn't a unanimous decision, and so that could potentially poke some holes in the arguments depending on how the appeal
process goes. Carnival Cruise Lines. Carnival Cruise Lines, we just got the report earlier today and that is not voting well for to share, So it took her CCL. Those stairs are down now more than three percent at the moment, and as because we did get some disappointing outlooks for the company from for both the second quarter period and
the full year period. So first quarter adjusted EPs actually beat estimates that came in a twenty cents versus eighteen cents, But it's the outlook that investors are worried about clearly. So for the full year EPs, outlook is about two dollars twenty one cents. The estimate was two dollars thirty
five cents. I also note that their fuel costs bigger than expected, as one would expect, so now they're seeing their fuel costs for the second quarter six hundred and ten million versus five thirty nine for the estimate.
The Stock Mover's 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 an Apple CarPlay and Android Auto with the Bloomberg Business app MHM.