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Speaker 1: Bloomberg Audio Studios, podcasts, radio News, The.

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Speaker 2: Stock Movers podcast, your roundup of companies making moves in

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Speaker 2: the stock market, harnessing the power of Bloomberg data.

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Speaker 1: Let's take a look at some stocks in the move

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Speaker 1: this week. In the week that was a little bit

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Speaker 1: of a crazy one, some volatility. Emily Graffeo has the

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Speaker 1: hard task of keeping track of it all. She's Bloomberg

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Speaker 1: News Crossouset reporter and she's joining us in studio. We

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Speaker 1: got to start with the number one performing stock in

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Speaker 1: the S and P five hundred this week, Neumont.

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Speaker 3: This is so emblematic of the safe haven asset that

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Speaker 3: gold was this week. In a week where stocks were

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Speaker 3: extremely volatile, treasury treasury bonds didn't quite work as that

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Speaker 3: safe haven asset that they typically are expected to, gold

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Speaker 3: kept hitting record high after record high. Gold miner Numont

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Speaker 3: actually had its best weeks. It's nineteen ninety eight.

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Speaker 1: It's nuts, that's nuts.

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Speaker 4: What are we talking about?

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Speaker 1: Did I go into my jewelry box and so I'm like,

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Speaker 1: I start, I mean it was that I no, I

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Speaker 1: know you think about that's from an old boyfriend. I'm

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Speaker 1: not going to wear it anyway. I'm getting rid of it.

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Speaker 4: Excuse me, I want to hear this story, don't you.

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Speaker 1: I don't know what it is with guys and girls

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Speaker 1: like anything I've owned before my husband, I mean, you

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Speaker 1: have time you kept well, there's like maybe one or

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Speaker 1: He's like, I can't know.

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Speaker 3: I don't think i've gotten you know, I'm young, the

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Speaker 3: guys are young. I've got like silver, so sure some platinum. No, okay, anyway, continue.

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Speaker 4: As long as it's not uranium, right.

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Speaker 3: Right, Yeah, No, you wouldn't want to talking about that.

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Speaker 4: We talked about uranium earlier this week, so that's why

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Speaker 4: I bring it up. Radium jewelry, No uranium stocks.

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Speaker 1: Well, I was sure where.

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Speaker 4: You were going when Emily whenever your fans and house,

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Speaker 4: we're always talking stocks. Okay, it's like she goes cuckoo,

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Speaker 4: she goes cross ass that she does etf she does.

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Speaker 3: Everything I know, and you know, Newman is kind of

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Speaker 3: it's cross Acid is a stock, but it's representative of

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Speaker 3: absolutely one of those assets that did really well this week. Anyway,

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Speaker 3: it was up eight percent Friday, up twenty four percent

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Speaker 3: on the week. It ended the week with an upgrade

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Speaker 3: over at ubs, so they hiked their price target both

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Speaker 3: for Neumont the stock and also for gold, and they

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Speaker 3: said that the macro backdrop for gold is increasingly more supportive.

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Speaker 1: So all right, let's go to Nvidia.

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Speaker 3: Okay, in Nvidia, I'm gonna.

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Speaker 1: Go a top performer for the week of around.

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Speaker 3: It was a top performer over the week, but it

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Speaker 3: was up on Monday, it was down on Tuesday. It

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Speaker 3: was up eighteen percent on Wednesday, then it was down

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Speaker 3: six percent Thursday. It finished Friday as it's really a

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Speaker 3: roller coaster. I mean, this is a stock that everyone watches,

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Speaker 3: so not only is it trading on its own fundamentals,

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Speaker 3: but it's also trading like the poster child for how

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Speaker 3: are risk assets doing today?

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Speaker 1: Can I just say it's down seventeen percent year to date, Yeah,

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Speaker 1: seventeen percent.

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Speaker 3: I think we all forgot about the deep seek Yeah, right,

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Speaker 3: news that happened before tariffs. But I have heard a

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Speaker 3: couple I've seen a few notes where analysts mentioned like, well,

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Speaker 3: don't forget about the fact that all of these questions

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Speaker 3: about the impetus for spending on AI, and you know,

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Speaker 3: how much demand is there really going to be for

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Speaker 3: AI post deep sea I mean, there.

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Speaker 4: Are so many questions about that for the company this year.

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Speaker 4: You mentioned deep seek, there's the China, everything happening with China,

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Speaker 4: and then of course there's also, like you said, demand

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Speaker 4: when it comes to US companies and the reports that

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Speaker 4: we've gotten about US companies pulling back on data centers.

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Speaker 1: Yeah, you forgot the biggest stress point.

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Speaker 2: What is it?

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Speaker 1: What will be Jensen's next leather jacket.

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Speaker 4: No, it's going to be a leather jacket.

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Speaker 1: It's going to be a leather jacket. Well, what's wild

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Speaker 1: is one of the best performing The S ANDP so

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Speaker 1: up around a little bit more than seventeen percent for

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Speaker 1: the week. Overall, it's still on seventeen percent year to date,

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Speaker 1: which which is just remind you how rough a year

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Speaker 1: it's been, right.

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Speaker 3: Right, And it ended the week positive, But just like

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Speaker 3: the S and P five hundred, there were a lot

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Speaker 3: of twists and turns, so you wouldn't expect that we

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Speaker 3: would have. It doesn't feel like we ended the week up,

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Speaker 3: even though we did.

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Speaker 1: You mentioned the end of the week, we were all

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Speaker 1: looking forward to the end of the week because the

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Speaker 1: big bank earning started, and it's safe to say the

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Speaker 1: one that we always want to see what they're doing

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Speaker 1: and what their CEO is saying is JP Morgan. That's right.

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Speaker 3: That stock was up on the week. It was up

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Speaker 3: twelve percent. This is the biggest US bank. And it

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Speaker 3: was interesting because in their earnings they had record equity

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Speaker 3: markets revenue. It rose forty eight percent to a record

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Speaker 3: three point eight one billion. This wasn't even counting the

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Speaker 3: trading of this week because this was the prior quarter.

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Speaker 1: It's a good point.

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Speaker 3: So I thought that was an interesting tidbit. I'm sure

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Speaker 3: that those equity traders made a lot more this week.

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Speaker 3: And then, of course Jamie Diamond, CEO a top of JP.

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Speaker 3: He is pretty vocal about his views on the economy,

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Speaker 3: and he struck a cautious tone. He also said he

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Speaker 3: expects a quote kerfuffle in the US treasury market that

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Speaker 3: would prompt a FED intervention, which made.

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Speaker 1: Me think about the book Nuffle Bunny. Did you ever

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Speaker 1: read this?

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Speaker 4: Oh yeah, there's a little statue. Great kids, there's a

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Speaker 4: knuffle Bunny statue at the library in Park Slope.

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Speaker 1: I love Nuffle Bunny.

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Speaker 4: How cool is that?

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Speaker 1: Not a kerfuffle but it's a enuffle Bunny.

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Speaker 3: We have Goldman coming up next week, so that's another one.

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Speaker 3: That our Bloomberg listeners are very interesting.

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Speaker 4: Williams, remember mo Williams is the love.

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Speaker 1: Willis all right, Emily, Thank you so much. Emily Graffeo

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Speaker 1: Bloomberg News Process a reporter.

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Speaker 2: The Stock Movers podcast from Bloomberg Radio. Check back with

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Speaker 2: us throughout the day for the latest roundup of companies

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Speaker 2: making news on Wall Street and for the latest market

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Speaker 2: the Bloomberg Business app.