Weekly Roundup: Nike Falls, Boeing Gains, Carnival Gained

0:00Cities are growing, with UN forecasting rapid urbanisation over the coming decades, how do we ensure they get smarter, on which cities have a blueprint that addresses rapidly evolving infrastructure requirements? Find out more later in the podcast. The Stock Movers Report, your roundup of companies making moves in the stock market, harnessing the power of Bloomberg data. So let's get two stocks on the move this past week. And with us is Bloomberg News Equity's reporter, Arvali Spunia, Ramos. She is here in studio. It's a name that we were talking about a lot Friday. It's a name that when you look for the week of our awesome big moves. Nike. Yeah, let's start there. Totally. Well, that's sticker NKE with a weekly drop of about 5.3%. The sneaker and sportswear maker, Revan, you guidance for the full year, feel short of consensus estimates.

1:01It's first quarter revenue was also weaker than expected. A lot of softness, particularly in Nike sportswear, it's Jordan brand and management noted to sales steadily declining in the China region. Worth noting though, some analysts believe Nike will regain full leader cheap in their position in sport, but sales and margin will likely remain pressured. At least through 2028. Yeah, it's been a story that's been going on for a few years trying to find its way. We talked with our Poonum Goil. Also about Nike, she's followed it seems to think that Elliott Hill, the CEO who's been there for a few years already needs more time. So she just needs more time. It's a big shit. A few things. Yeah, yeah. And she was also saying how the next catalyst for the stock is probably their investor day. Yeah, which is next month. We'll definitely get more details through about that efficiency plan. They also announced in that outlook because they have a re-structured plan ahead too. But we'll learn more in that. I think that they like your saying it's going to be a turning point for the company, definitely.

2:03Okay, moving on. You brought another tidbit. Boeing, it has really been a roller coaster ride for this company. And so many different headlines driving the stock. So what can you tell us? Sure. You just said it's been up. It's been down. It's been up. It's been down. First, we had that software glitch under 737 max. Narrow body models. Then we had them winning over Northrop Grimman for the Army's next generation. That was big for Boeing. Right? Yeah. Yeah. Really, what analysts, I mean, it's already an important sort of like step for them. Then an unites white collar workers, ratify a new contract, a verdict at costly strike. And then today, a couple of hours ago, the FAA went back to the software glitch and said, this is not a safety issue for pilots. Okay. So the stock, but it's very much again, just like going with the flow with Boeing. It started Saturday. Even today, we're not seeing the stock scene.

3:04The stock did, I would imagine, I would have imagined the stock to rally more on the snooze. Totally. What did it do for the week of raw? It dropped about 2.3%. Okay. But they come, I mean, they have been steadily declining for the last quarter. This is one of their worst months, I think this year. And it's been steadily declining maybe for four weeks. Yeah. For a month, yeah. The equity BQ function on the terminal and Boeing is down about 11% year to date. But you look at the week down 7% on Monday, up 2% on Tuesday, up 3% on Thursday. It's been a bit of a rollercoaster ride. It's definitely a market reaction to it. It's, they've been moving on every news. Yeah. And you see where they were, they're most like interested in, I think the terminal, I'm sorry for Boeing, it's very much on the delivery. So anything that could delay the certification of the next model. I see that makes sense. Yeah. Just quickly, just about 30, 40 seconds. Yeah. Our car novel ticker CCL, what do you got there?

4:05A lot of the man in Europe, and they also raised its full year outlook. The company also said that both occupancy and pricing at our record levels for 2027. In 2028, it's off to an excellent start. So that demanding Europe basically dispels concerns across the cruising industry that geopolitical tensions are sort of like impacting salience in every day. Are they outperforming their competition right now, Carnival? I mean, the event is about 16%. Actually, I'm going to look into that. Get back to the sun. Yeah. Give you some home. But up 16% or up 16%. Yeah. This week? Yeah. If you're considering to, they're down about 15% for the year. And I'm just going to pull up Royal Caribbean because you ask about competition. Yeah. And Royal Caribbean is just down about half a percent, so a little bit different in terms of the tune. This 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.

5:08Catch us on YouTube, Bloomberg.com and on Apple CarPlay and Android Auto with the Bloomberg Business app. Cities are growing, but are they getting smarter? I'm Jacob Greaves, host of Economy and Scale, a series exploring growth in key global sectors, and in this episode we're diving into how innovation is being hardwired into urban development. Rohit Kumar from Seymour's Advanta has this to say, Essentially AI will allow in the smart cities space to compress a lot of things. The speed will change. Dubai is one city embracing such technology as a growth engine, and has also seen its population surge by a third in just five years. Dr. Safani, a tap-yes from engineering consultancy WSP, says, And I think Dubai has learned a lot from sudden increase in population, which doesn't happen everywhere in the world, and I think they reacted very well to it. They have a long-term urban planning vision, which again doesn't happen everywhere in the world.

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