00:00American Airlines, ticker symbol AAL, down about four and a third percent here.
00:05And it has been going through it because year to date it's down three and a half percent.
00:09I took a look at its rivals. Delta up 20 percent so far this year.
00:13United Airlines up five percent so far this year.
00:15Both of those airlines came out recently with earnings that were pretty good and beat on the top and bottom
00:20line.
00:21Not the case for American.
00:22It cut its full year earnings guidance for the second time in three months,
00:26blaming the high fuel prices because of the war in Iran.
00:30It's now bracing for fuel expenses to be up to one point seven billion dollars year over year in the
00:35third quarter.
00:36And get this. That's an addition to the two point two billion in extra fuel expenses so far this year.
00:41So I guess my question is, what are they doing differently or what are they doing wrong that their competitors
00:46are not when it comes?
00:47Because they're all dealing with high fuel prices.
00:49Yeah, I think we might see some of the other airlines, you know, given what's happened just in the last
00:52few couple of weeks here,
00:53come back with some announcements here.
00:55Although Delta does own a refinery, so that's a little bit of a hedge for them.
00:59I think you're right there for sure.
01:00And, you know, remember, United Airlines was saying, hey, look, we want to combine with American.
01:06An American CEO is going, no, no, not going to happen.
01:08You have to wonder under these conditions, might they, you know, rethink it?
01:12So American Airlines, one of our stocks to watch today.
01:14Let's move over to the telecom space and T-Mobile, ticker symbol TMUS, down 5.7 percent.
01:20The company booked 277,000 net account additions.
01:26That sounds pretty good, but it was still 13 percent below a year ago.
01:29It was enough, though, to top Wall Street's estimates.
01:32It also bumped up its guidance on net cash and adjusted free cash flow.
01:36So, but this is the first quarter, some analysts are saying, in some time where guidance from T-Mobile did
01:42not rise across the board.
01:44Okay.
01:45Stock down 5 percent.
01:46Okay.
01:46Yep.
01:47Yep.
01:47There are some spectrum auctions coming up, though, that T-Mobile talked about on the call,
01:51and they said that might actually be good for them and just give them more bandwidth.
01:54So we'll see what happens.
01:55Also, Verizon out on Friday with results, by the way.
01:58Yesterday, we talked about AT&T.
02:00Yeah, exactly.
02:01They were better than expected.
02:02Yep.
02:02And spectrum.
02:03I don't know where all the spectrum comes from, but I just don't understand my science.
02:06How come our phone bills are so expensive?
02:08That's what I want to know.
02:09That's what I want to know.
02:11Get on that.
02:12The kids in France are like, we're nuts.
02:14Yeah.
02:15I still have all my kids on the family plan.
02:16I can't get them off.
02:17I do, too.
02:18I do, too.
02:18I got to hire.
02:19We're in the Stockmovers podcast, folks.
02:21Brent, 99.97, just spiked up.
02:26Continue here on the equity market.
02:28Feel free to interrupt if we break through to 100.
02:30Lockheed Martin LMT up 5.25%.
02:33I had to give you a winner in here, right?
02:34Second quarter earnings coming in better than expected.
02:37Raised its full-year sales forecast.
02:39The geopolitical tensions in Iran actually helping this company, of course, because they're a defense contractor.
02:44Trump has ramped up spending on defense.
02:46His administration's pushing defense contractors like Lockheed to expand production of vital munitions and weapons systems.
02:53Lockheed says it now has a record backlog of $230 billion, including a multi-year contract to produce THAAD interceptors.
03:03You know what this is?
03:03T-H-A-A-D.
03:05Yeah.
03:06I looked this up.
03:07It's the only U.S. system designed to intercept targets outside and inside the atmosphere.
03:12It uses hit-to-kill kinetic energy.
03:16It uses a lot of technology.
03:18And this is, you know, I'm by no means an expert on it.
03:21But you don't make these.
03:22It's not like World War II.
03:24No.
03:25Where it's, you know, the women in the factory at the Ford Company, because everybody's abroad fighting, making armored tanks.
03:31My offspring, 1A, works a lot, Keith Martin.
03:33Oh, really?
03:34Yes.
03:35A little science.
03:36How many kids do you have?
03:37They're out there.
03:39They're all four of them.
03:40He's 1A.
03:41He's got a twin sister, 1B.
03:43All of Sweeney's children are employed.
03:46They're employed.
03:47That's quite the feat nowadays.
03:48That would be like, that's like the Red Sox winning 15 games.
03:51Exactly.
03:52It could never occur.
03:54Are you done?
03:55I have one more, but, you know, we're running out of time.
03:5810 seconds.
03:58Go.
03:58ServiceNow, better than expected quarterly sales and bookings.
04:02This is a software company.
04:03They're new AI tools helping to spur growth, and the stock is up as a result.
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