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Take look at on the Stocks on the Move Today, were joined by Bloomberg's touch On Nadaria touch on what are you looking at today? Looking at Kraft, heines, those shares down about one point five percent, pairing a steeper drop from earlier after surprising plans to hold the split in two. That's a reversal from weeks after bringing in a CEO with experience to break up a food company. So Steve Kahelen took over on January first, said he made the decision to temporarily hold the breakup of the
company to concentrate on bolstering profitability. Remember, the plan was to separate the company's fastest growing brands from the slower growing brands, and that breakup was essentially intended to undo Raft. Heins forty six billion dollar mega merger from a decade ago. Warren Buffett really championed that one, but has since also expressed disappointed because since then shares have fallen by about
two thirds. So just last month, Berkshire Hathaway said they're seeking to sell their twenty eight percent stake in the package for food company, and shares here have not been doing really well, so two investors. There's real confusion about this reversal right now, but maybe the reversal also helps keep Berkshire Hathway around. Who knows what's the second stock
you're watching are looking at? A Lift also shares a down of fifteen percent after a disappointed forecast that missed Wall Streed expectations and fourth quarter revenue coming in below estimates. The market is taking this basically as a sign that the company's global expansion and new product offerings are just not performing quickly as anticipated, and to a lot of the analysts, waymos aggressive expansion continues to be the cause
of that. We've also seen some of those cracks and Uber earnings, and analysts here are saying that this partnership with robo taxes will take years to grow and become profitable for the ride sharing companies like Uber and Lyft, and even forecast from Bloomberg here saying that robo taxes will double this year. So real competition there for Lift and Uber, and really this talk here is back to where it was a year ago. Basically flat. I'mdoing some of those earlier.
Yesterday I took a ride share for variety of New Jersey transit issues.
So I get I go to uber boom thirty two dollars, I say, I go to lift twenty five dollars, see boom, take the lift down. And if you have a credit card, like the Chase of Fire cards, sometimes you can get credits with that.
So don't I don't get that whole model there, but wait twenty five dollars to go from Manhattan to Long Branch.
Oh, so a variety of New Jersey.
Yeah, so we're just New Jersey and I were just working it out here of the lany it's complicated, hery one more.
All right, So at the end it's Ford chairs are pairing. Those gains actually about flat right now. They earlier reported an unexpected profit jump for twenty twenty six, even after being hit by a surprise nine hundred million dollar tariff bill because the Trump administration said the company can only apply a measure to trim tariffs paid on imported autoparts
dating back to November rather than May. It looks like the market is sort of reassessing this report right now adjusted a bit us and climbing by about ten billion in twenty twenty six. That is supposed to reverse the decline from last year. But really what stands out in the support is the focus on cost that the company is seen as finally getting a handle on those costs.
A lot of those issues stand from the fire at their aluminum plan, so now they're going to face those higher costs, and earlier annally said that this you know, this report is overall good. We'll add to momentum to a stock that's been gaining forty nine percent, so it has a lot of tailwinds there coming from the rollback in emissions coming back perhaps in a consumer demand later this year. At the same time, costs really wank on this company right now.
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