1 00:00:00,520 --> 00:00:03,520 Speaker 1: Hi, I'm Nathan Hager introducing you to the new Stock 2 00:00:03,560 --> 00:00:06,920 Speaker 1: Movers podcast from Bloomberg. The show brings you short episodes 3 00:00:06,960 --> 00:00:09,560 Speaker 1: five minutes or less, covering the stocks making gains and 4 00:00:09,600 --> 00:00:13,760 Speaker 1: losses in today's trading. Subscribe to Stock Movers on Apple, Spotify, 5 00:00:13,880 --> 00:00:15,440 Speaker 1: or anywhere you get your podcasts. 6 00:00:15,640 --> 00:00:15,840 Speaker 2: Now. 7 00:00:15,880 --> 00:00:18,239 Speaker 1: Here's the sample of the latest episode from our team 8 00:00:18,239 --> 00:00:19,439 Speaker 1: at Bloomberg. 9 00:00:21,640 --> 00:00:29,560 Speaker 3: Bloomberg Audio Studios, Podcasts, radio News. The Stock Movers podcast 10 00:00:29,960 --> 00:00:33,199 Speaker 3: your roundup of companies making moves in the stock market, 11 00:00:33,360 --> 00:00:36,280 Speaker 3: harnessing the power of Bloomberg data. 12 00:00:36,440 --> 00:00:38,400 Speaker 4: Right now, we need to take a look at some 13 00:00:38,520 --> 00:00:39,760 Speaker 4: stocks on the move today. 14 00:00:40,200 --> 00:00:42,640 Speaker 2: We're joined by Bloomberg's Lisa Matteo. 15 00:00:42,760 --> 00:00:45,040 Speaker 5: Lisa, I want to start with Tesla, leading the mag 16 00:00:45,080 --> 00:00:47,680 Speaker 5: seven stocks. Lower shares have been down more than five 17 00:00:47,720 --> 00:00:51,760 Speaker 5: percent this morning. It's first quarter deliveries expected to release Wednesday. 18 00:00:51,840 --> 00:00:54,400 Speaker 5: But it really it snapped this nine week losing streak 19 00:00:54,520 --> 00:00:57,040 Speaker 5: last week. And you had Elon Musk. He was at 20 00:00:57,040 --> 00:00:59,040 Speaker 5: a town hall event in Wisconsin over the weekend and 21 00:00:59,080 --> 00:01:01,960 Speaker 5: he said that his doll it's costing him a lot 22 00:01:02,040 --> 00:01:05,240 Speaker 5: his words. Kessela shares rose to record high in the 23 00:01:05,240 --> 00:01:07,760 Speaker 5: month after Trump was elected. But here's the thing. They've 24 00:01:07,880 --> 00:01:12,399 Speaker 5: dropped forty five percent since their December seventeenth week. And 25 00:01:12,440 --> 00:01:15,560 Speaker 5: then you go to Mus's own personal wealth itself declined 26 00:01:15,560 --> 00:01:17,080 Speaker 5: by more than one hundred billion this year. 27 00:01:17,520 --> 00:01:20,000 Speaker 4: I mean basically, paul A hold is a cell right 28 00:01:20,560 --> 00:01:23,840 Speaker 4: on the A and rs on the terminal. I got 29 00:01:23,920 --> 00:01:27,400 Speaker 4: thirty three buys and twenty seven holds or cells. 30 00:01:28,040 --> 00:01:31,000 Speaker 2: So it's a huge debate, which. 31 00:01:30,800 --> 00:01:32,360 Speaker 3: To me just raises the question, why don't we have 32 00:01:32,480 --> 00:01:35,520 Speaker 3: sixty sixty zero analysts covering the one stock ranted? 33 00:01:35,560 --> 00:01:37,119 Speaker 2: It's Tesla with some. 34 00:01:37,120 --> 00:01:39,520 Speaker 4: People are BNP Perry bout under perform mat just we 35 00:01:39,640 --> 00:01:41,720 Speaker 4: see reduce Hedgi risk. 36 00:01:42,360 --> 00:01:45,000 Speaker 2: Good morning to everybody over at Hedgi Wells Fargo. 37 00:01:45,080 --> 00:01:47,360 Speaker 1: Howbn Elon's right, I mean they redded it over the weekend. 38 00:01:47,440 --> 00:01:50,080 Speaker 1: It's you know, his dose activities A. 39 00:01:50,320 --> 00:01:53,880 Speaker 4: S Morgan Stanley. He always gets love. He's got a 40 00:01:53,880 --> 00:01:56,720 Speaker 4: price target. ELSA could make money at this up four 41 00:01:56,800 --> 00:01:58,200 Speaker 4: ten the next mover. 42 00:01:58,400 --> 00:02:01,480 Speaker 5: Please, these are stick with me here because these are 43 00:02:01,480 --> 00:02:04,720 Speaker 5: investors exposed to the AI trades. So, for example, Palenteers 44 00:02:04,760 --> 00:02:07,240 Speaker 5: shares have been down as much as seven percent before 45 00:02:07,280 --> 00:02:09,440 Speaker 5: the bell. One of the reasons that I found the 46 00:02:09,440 --> 00:02:12,120 Speaker 5: Pentagon actually canceled a two hundred and eighty million dollars 47 00:02:12,160 --> 00:02:16,560 Speaker 5: over budget HR project project involving Oracle. Now, the reason 48 00:02:16,600 --> 00:02:20,720 Speaker 5: why that matters to Palenteers because Talenteer relies on these 49 00:02:20,760 --> 00:02:24,520 Speaker 5: government contracts, including those with the Department of Defense, and 50 00:02:24,560 --> 00:02:27,320 Speaker 5: they Department of Defense recently announced an additional five hundred 51 00:02:27,320 --> 00:02:29,919 Speaker 5: and eighty million in budget reductions. And then you of 52 00:02:30,040 --> 00:02:33,000 Speaker 5: course also had Goldman Sax analysts maintain a neutral rating, 53 00:02:33,040 --> 00:02:36,680 Speaker 5: but they talked about concerns about the potential future competition 54 00:02:36,760 --> 00:02:40,639 Speaker 5: from companies developing in house AI. So then we hit 55 00:02:40,720 --> 00:02:43,560 Speaker 5: Palenteer and we go to Nvidia. They have been down 56 00:02:43,600 --> 00:02:46,600 Speaker 5: about eighteen percent on the year coming into Monday, coming 57 00:02:46,639 --> 00:02:50,680 Speaker 5: into today, disappointing IPO from the companies that it's backing Core. 58 00:02:50,760 --> 00:02:53,080 Speaker 5: We've remember we talked about that last week. Yeah, well 59 00:02:53,120 --> 00:02:56,360 Speaker 5: that it came out, it began trading Friday, shares fell 60 00:02:56,400 --> 00:02:59,520 Speaker 5: below it's offering price of forty dollars. So that's why 61 00:02:59,560 --> 00:03:02,120 Speaker 5: those though that they got that print, they got that 62 00:03:02,240 --> 00:03:04,480 Speaker 5: stop the clothes at forty at Friday. 63 00:03:04,520 --> 00:03:05,200 Speaker 3: Right at the clothes, you. 64 00:03:05,240 --> 00:03:07,600 Speaker 1: Know that the desk was working for the underwriters to 65 00:03:07,639 --> 00:03:08,440 Speaker 1: get closed. 66 00:03:08,480 --> 00:03:09,880 Speaker 3: I don't want to see the close down. 67 00:03:10,200 --> 00:03:12,240 Speaker 1: Make sure you find something, push to stock up the 68 00:03:12,280 --> 00:03:14,040 Speaker 1: forty at the close. And they did, and they see 69 00:03:14,160 --> 00:03:15,120 Speaker 1: what trace today I. 70 00:03:15,040 --> 00:03:17,160 Speaker 5: Would say, yeah. And finally, we've been talking a lot 71 00:03:17,200 --> 00:03:21,480 Speaker 5: about gold, right, and that's that's hitting a record Newmont Corporation. 72 00:03:21,560 --> 00:03:24,400 Speaker 5: They're the leading global gold and copper company. They're known 73 00:03:24,440 --> 00:03:28,000 Speaker 5: for its extentsive portfolio mining assets. Since we've been talking 74 00:03:28,000 --> 00:03:30,720 Speaker 5: about gold, we're reaching that fresh record high, rising above 75 00:03:30,760 --> 00:03:33,440 Speaker 5: thirty one hundred dollars. So you see this lot, I 76 00:03:33,440 --> 00:03:36,560 Speaker 5: mean investors making these defensive plays over policy and curtning 77 00:03:36,640 --> 00:03:38,680 Speaker 5: op out the US tariff. So they're going to this 78 00:03:38,760 --> 00:03:41,040 Speaker 5: safe haven. And that's why you have Numont Corporation. Their 79 00:03:41,080 --> 00:03:43,360 Speaker 5: shares have been up probably about one percent this. 80 00:03:43,360 --> 00:03:47,800 Speaker 2: Morning, twelve months, thirty seven percent. How many companies could. 81 00:03:47,640 --> 00:03:50,920 Speaker 1: Say that, yeah, yeah, exactly this in this year after 82 00:03:50,960 --> 00:03:52,680 Speaker 1: twenty three and twenty four. Great performance. 83 00:03:52,720 --> 00:03:57,040 Speaker 2: Good morning, Denver, twenty two thousand people, Newmont Mining, yep, 84 00:03:57,280 --> 00:04:01,400 Speaker 2: I mean right, the Gordos fourth one leases. 85 00:04:01,080 --> 00:04:05,720 Speaker 5: Of audible hears here's the audible yet MODERNA Moderna's been 86 00:04:05,760 --> 00:04:09,600 Speaker 5: down whosh gosh, about thirteen percent in trading before the 87 00:04:09,640 --> 00:04:12,680 Speaker 5: bell opens the reason why. Here's here's something industry, the 88 00:04:12,680 --> 00:04:16,000 Speaker 5: resignation of Peter Marx. He's a top regular regulator at 89 00:04:16,000 --> 00:04:19,440 Speaker 5: the US Food and Drug Administration. He has been overseeing 90 00:04:19,440 --> 00:04:23,040 Speaker 5: approvals of vaccine and other biological drugs. So he resigned, 91 00:04:23,040 --> 00:04:25,320 Speaker 5: and now you have those Maderna shares plunging. 92 00:04:27,000 --> 00:04:31,160 Speaker 3: The Stock Movers podcast from Bloomberg Radio. Check back with 93 00:04:31,240 --> 00:04:34,000 Speaker 3: us throughout the day for the latest roundup of companies 94 00:04:34,040 --> 00:04:37,080 Speaker 3: making news on Wall Street and for the latest market 95 00:04:37,120 --> 00:04:41,440 Speaker 3: moving headlines. Listen to Bloomberg Radio Live. Catch us on YouTube, 96 00:04:41,520 --> 00:04:44,760 Speaker 3: Bloomberg dot com, and on Applecarplay and Android Auto with 97 00:04:44,839 --> 00:04:46,320 Speaker 3: the Bloomberg Business app.