Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The Stock Movers Report,
Speaker 1: your roundup of companies making moves in the stock market.
Speaker 1: Harnessing the power of Bloomberg Data. Let's take a look
Speaker 1: at some of the stocks on the move today.
Speaker 2: We can do that with Bloomberg's Natalie Kenny Japek Natalia,
Speaker 2: what are you looking at today, Hi, Paul So. As
Speaker 2: Charlie mentioned, we are watching shares of Goldman Sachs. The
Speaker 2: ticker is a G as the stock is done by
Speaker 2: almost three percent a day. Equity trading revenue came above expectations,
Speaker 2: beat previous all time high by by more than one
Speaker 2: billion dollars, but at the same time, investors got a
Speaker 2: little bit disappointed on the fixed income side, where revenue
Speaker 2: came below expectations. Again, on the positive side, asset management division,
Speaker 2: the company said that assets under supervision rose to three
Speaker 2: point seven trillion dollars. Net income also came above expectations
Speaker 2: that it's growing. Then. Another highlight is in the deal making.
Speaker 2: Investment banking fees are up by forty eight percent from
Speaker 2: a year ago. David Solomon, CEO, was still a little
Speaker 2: bit cautious, he said. Geoboltical landscape is becoming quote more complex,
Speaker 2: so it is a nice start. We will see how
Speaker 2: peers report in the coming days.
Speaker 1: All right, good stuff, fun Italian. What's number two on
Speaker 1: your list?
Speaker 2: So number two is consumer sector. So we were watching
Speaker 2: shares of Nike recently and today we got another downgrade
Speaker 2: from HSBC. The tickers and K shares are down by
Speaker 2: less than one percent today, but it is a negative
Speaker 2: trend because on a year today basis, the stock is
Speaker 2: done by thirty three percent. So HSBC analysts are saying
Speaker 2: that the Nikes turnaround thesis has gone from not if
Speaker 2: but when to quote show me story. They don't see
Speaker 2: any neutron catalysts. And they also said that on the
Speaker 2: cost side, US tariffs impact margins. Companies are unable to
Speaker 2: past our costs increases to consumers and they continue to
Speaker 2: pay tariffs despite lack of clarity. Price target is now
Speaker 2: at forty eight dollars per barrel or sort I'm thinking
Speaker 2: about oil all the time, thirty forty eight dollars per share.
Speaker 2: The stock is now trading at forty two, so there
Speaker 2: is still some kind of an.
Speaker 1: Upside core We that's the last one. What do you
Speaker 1: got for us?
Speaker 2: Yeah? So the stock is up by ten percent, almost
Speaker 2: eleven percent. The ticker is CRWV. We got another upgrade today.
Speaker 2: McQuire upgraded the stock to outperform from neutral based on
Speaker 2: recent announcements. Last week we spoke about it a lot.
Speaker 2: So the company got an agreement with Anthropic, which will
Speaker 2: rent its data centers to train its models. Then they
Speaker 2: got another deal with Meta Platforms. So all of that
Speaker 2: is very positive for the stock for the company, and
Speaker 2: analyst at saying that yes, infrastructure is still resilient, they
Speaker 2: see a lot of upside. Price target is now at
Speaker 2: one twenty five from ninety dollars dollars per share, so
Speaker 2: that's a pretty big upgrade. The stock is currently trading
Speaker 2: at one twelve.
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