1 00:00:02,560 --> 00:00:10,480 Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The Stock Movers podcast, 2 00:00:10,840 --> 00:00:14,080 Speaker 1: your roundup of companies making moves in the stock market, 3 00:00:14,280 --> 00:00:17,479 Speaker 1: harnessing the power of Bloomberg Data. 4 00:00:17,760 --> 00:00:20,920 Speaker 2: Tom keenan Postmenia here and with us Bloombergs Lisa Mateo 5 00:00:21,239 --> 00:00:24,239 Speaker 2: as we drive to a five minute podcast what do 6 00:00:24,239 --> 00:00:25,320 Speaker 2: you have? We do? 7 00:00:25,720 --> 00:00:28,639 Speaker 3: And because of the news the US China Truce, a 8 00:00:28,720 --> 00:00:30,560 Speaker 3: lot of global stocks on the move. I was like, 9 00:00:30,600 --> 00:00:32,839 Speaker 3: where do we start? Where do we go? I mean, 10 00:00:32,960 --> 00:00:36,000 Speaker 3: my goodness, So let's start with in Video because their 11 00:00:36,040 --> 00:00:38,040 Speaker 3: shares have been up more than four percent, because chip 12 00:00:38,080 --> 00:00:41,240 Speaker 3: stocks have really gotten a boost from this. For example, 13 00:00:41,240 --> 00:00:44,080 Speaker 3: to Advanced micro Devices have been up six percent, same 14 00:00:44,159 --> 00:00:47,120 Speaker 3: for Broadcom. But we mentioned in video, so those mag 15 00:00:47,240 --> 00:00:49,760 Speaker 3: seven stocks even a lot higher this morning, for example 16 00:00:49,800 --> 00:00:53,239 Speaker 3: Apple Tesla also up higher. We go to travel, right, 17 00:00:53,320 --> 00:00:56,360 Speaker 3: travel stocks have been higher, Delta Airlines, for example, up 18 00:00:56,400 --> 00:00:59,520 Speaker 3: seven percent. You have American Airlines up six percent. Then 19 00:00:59,560 --> 00:01:03,200 Speaker 3: even you looking at consumer stocks, right, Nike up six percent, 20 00:01:03,320 --> 00:01:05,679 Speaker 3: Estate Lauder has been up as much as six percent. 21 00:01:06,120 --> 00:01:08,880 Speaker 3: And global shipping companies for example, you have your ups 22 00:01:08,920 --> 00:01:11,119 Speaker 3: and your FedEx UPS has been up five percent. 23 00:01:11,240 --> 00:01:12,199 Speaker 4: FedEx has been up. 24 00:01:12,120 --> 00:01:15,240 Speaker 3: Six percent and car stucks to You have Mercedes bends 25 00:01:15,319 --> 00:01:18,520 Speaker 3: up five percent in Germany, BMW up nearly four percent 26 00:01:18,520 --> 00:01:20,840 Speaker 3: in Germany, So you see kind of the trend. I 27 00:01:20,840 --> 00:01:22,080 Speaker 3: mean a lot of these stuff. 28 00:01:22,640 --> 00:01:24,600 Speaker 2: I was in a lot of cars this weekend, and 29 00:01:24,680 --> 00:01:27,800 Speaker 2: I think every Mercedes that was in Paul is made 30 00:01:27,840 --> 00:01:32,360 Speaker 2: in Alabama exactly, say Mercedes is in Germany, but every 31 00:01:32,360 --> 00:01:36,280 Speaker 2: car floating around the GLS whatever, they're made in Alabama. Yeah. 32 00:01:36,319 --> 00:01:38,360 Speaker 4: My BMW is made I don't know, South Carolina or 33 00:01:38,400 --> 00:01:41,600 Speaker 4: something like that, So I don't know. I liked the parts, Yeah, yes, 34 00:01:41,800 --> 00:01:45,680 Speaker 4: I liked that you held the global shipping companies. Yeah, 35 00:01:45,720 --> 00:01:47,720 Speaker 4: I mean how about that. I mean we heard stories 36 00:01:47,720 --> 00:01:49,480 Speaker 4: of them turning around in the middle of the Pacific 37 00:01:49,480 --> 00:01:52,160 Speaker 4: Ocean going back to China over the last couple weeks. 38 00:01:52,480 --> 00:01:53,600 Speaker 4: Maybe now they're going to come. 39 00:01:54,360 --> 00:02:00,440 Speaker 3: Like mayersk up twelve percent ishing down today. We do, 40 00:02:00,520 --> 00:02:03,800 Speaker 3: and the reason is different. We have pharmaceutical companies right, 41 00:02:03,840 --> 00:02:06,400 Speaker 3: they're falling. The reason why President Trump said he wants 42 00:02:06,440 --> 00:02:08,959 Speaker 3: to order this cut of US prescription drug costs to 43 00:02:09,000 --> 00:02:11,560 Speaker 3: bring them in line with other countries. So for example, 44 00:02:11,600 --> 00:02:14,400 Speaker 3: Pfizer is down two percent, merk Off about two percent, 45 00:02:14,480 --> 00:02:17,120 Speaker 3: in Europe, you have Novo Nordis. They fell as much 46 00:02:17,160 --> 00:02:19,040 Speaker 3: as like eight and a half percent. Now they're down 47 00:02:19,080 --> 00:02:21,880 Speaker 3: about three and a half percent. But the President says 48 00:02:21,919 --> 00:02:24,880 Speaker 3: that could drop pharmaceutical prices by up to eighty percent 49 00:02:24,960 --> 00:02:27,440 Speaker 3: in the US, He's going to sign an executive order 50 00:02:27,880 --> 00:02:28,880 Speaker 3: this morning on it too. 51 00:02:29,240 --> 00:02:31,919 Speaker 2: Anything else, any other stock movers If. 52 00:02:31,760 --> 00:02:34,239 Speaker 3: You like, I know you like luxury, so yes, yes, 53 00:02:34,320 --> 00:02:37,280 Speaker 3: you have the European luxury stocks, like Carrying. They're up 54 00:02:37,320 --> 00:02:41,000 Speaker 3: nearly seven percent in Powers. You have LVMH. Yeah, LVMH 55 00:02:41,160 --> 00:02:43,440 Speaker 3: more than six percent in Powers because they've really been 56 00:02:43,480 --> 00:02:46,000 Speaker 3: taking a hit lately. Every time I seem to mention them, 57 00:02:46,000 --> 00:02:48,520 Speaker 3: it always seems like their stock is going lower. But 58 00:02:48,639 --> 00:02:50,600 Speaker 3: now they're getting a nice lift this morning. So the 59 00:02:50,760 --> 00:02:52,320 Speaker 3: luxury stocks also doing well. 60 00:02:53,480 --> 00:02:57,600 Speaker 1: The Stock Movers podcast from Bloomberg Radio. Check back with 61 00:02:57,720 --> 00:03:00,480 Speaker 1: us throughout the day for the latest roundup of companies 62 00:03:00,520 --> 00:03:03,560 Speaker 1: making news on Wall Street and for the latest market 63 00:03:03,560 --> 00:03:07,920 Speaker 1: moving headlines. 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