WEBVTT - Goldman Sachs Falls, Nike Drops, CoreWeave Rises After Macquarie Upgrade

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<v Speaker 1>Bloomberg Audio Studios, podcasts, radio news, The Stock Movers Report,

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<v Speaker 1>your roundup of companies making moves in the stock market.

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<v Speaker 1>Harnessing the power of Bloomberg Data. Let's take a look

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<v Speaker 1>at some of the stocks on the move today.

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<v Speaker 2>We can do that with Bloomberg's Natalie Kenny Japek Natalia,

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<v Speaker 2>what are you looking at today, Hi, Paul So. As

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<v Speaker 2>Charlie mentioned, we are watching shares of Goldman Sachs. The

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<v Speaker 2>ticker is a G as the stock is done by

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<v Speaker 2>almost three percent a day. Equity trading revenue came above expectations,

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<v Speaker 2>beat previous all time high by by more than one

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<v Speaker 2>billion dollars, but at the same time, investors got a

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<v Speaker 2>little bit disappointed on the fixed income side, where revenue

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<v Speaker 2>came below expectations. Again, on the positive side, asset management division,

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<v Speaker 2>the company said that assets under supervision rose to three

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<v Speaker 2>point seven trillion dollars. Net income also came above expectations

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<v Speaker 2>that it's growing. Then. Another highlight is in the deal making.

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<v Speaker 2>Investment banking fees are up by forty eight percent from

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<v Speaker 2>a year ago. David Solomon, CEO, was still a little

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<v Speaker 2>bit cautious, he said. Geoboltical landscape is becoming quote more complex,

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<v Speaker 2>so it is a nice start. We will see how

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<v Speaker 2>peers report in the coming days.

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<v Speaker 1>All right, good stuff, fun Italian. What's number two on

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<v Speaker 1>your list?

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<v Speaker 2>So number two is consumer sector. So we were watching

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<v Speaker 2>shares of Nike recently and today we got another downgrade

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<v Speaker 2>from HSBC. The tickers and K shares are down by

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<v Speaker 2>less than one percent today, but it is a negative

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<v Speaker 2>trend because on a year today basis, the stock is

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<v Speaker 2>done by thirty three percent. So HSBC analysts are saying

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<v Speaker 2>that the Nikes turnaround thesis has gone from not if

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<v Speaker 2>but when to quote show me story. They don't see

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<v Speaker 2>any neutron catalysts. And they also said that on the

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<v Speaker 2>cost side, US tariffs impact margins. Companies are unable to

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<v Speaker 2>past our costs increases to consumers and they continue to

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<v Speaker 2>pay tariffs despite lack of clarity. Price target is now

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<v Speaker 2>at forty eight dollars per barrel or sort I'm thinking

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<v Speaker 2>about oil all the time, thirty forty eight dollars per share.

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<v Speaker 2>The stock is now trading at forty two, so there

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<v Speaker 2>is still some kind of an.

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<v Speaker 1>Upside core We that's the last one. What do you

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<v Speaker 1>got for us?

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<v Speaker 2>Yeah? So the stock is up by ten percent, almost

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<v Speaker 2>eleven percent. The ticker is CRWV. We got another upgrade today.

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<v Speaker 2>McQuire upgraded the stock to outperform from neutral based on

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<v Speaker 2>recent announcements. Last week we spoke about it a lot.

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<v Speaker 2>So the company got an agreement with Anthropic, which will

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<v Speaker 2>rent its data centers to train its models. Then they

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<v Speaker 2>got another deal with Meta Platforms. So all of that

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<v Speaker 2>is very positive for the stock for the company, and

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<v Speaker 2>analyst at saying that yes, infrastructure is still resilient, they

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<v Speaker 2>see a lot of upside. Price target is now at

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<v Speaker 2>one twenty five from ninety dollars dollars per share, so

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<v Speaker 2>that's a pretty big upgrade. The stock is currently trading

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<v Speaker 2>at one twelve.

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<v Speaker 1>The Stock Movers report from Bloomberg Radio. Check back with

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<v Speaker 1>us throughout the day for the latest roundup of companies

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