1 00:00:02,520 --> 00:00:07,360 Speaker 1: Bloomberg Audio Studios, podcasts, radio news. 2 00:00:08,560 --> 00:00:12,440 Speaker 2: The Stock Movers Report, your roundup of companies making moves 3 00:00:12,480 --> 00:00:17,280 Speaker 2: in the stock market, harnessing the power of Bloomberg Data. 4 00:00:16,720 --> 00:00:20,120 Speaker 3: Scarlet, Phil and Paul Sweeney live here on Bloomberg Interactive Studio, 5 00:00:20,160 --> 00:00:22,160 Speaker 3: streaming live on YouTube as well. We'll stay on top 6 00:00:22,160 --> 00:00:26,880 Speaker 3: of this news from President Trump again saying that threatens 7 00:00:26,880 --> 00:00:29,480 Speaker 3: massive increase in TARIS on Chinese goods, as John Tucker's 8 00:00:29,440 --> 00:00:32,680 Speaker 3: is reporting, and also saying he says President Trump says 9 00:00:32,720 --> 00:00:34,839 Speaker 3: there seems to be no reason to meet she in 10 00:00:34,880 --> 00:00:38,199 Speaker 3: South Korea, So we'll see how that plays out. Right. Now, 11 00:00:38,280 --> 00:00:41,000 Speaker 3: let's get a sense of what's going on in the marketplace, 12 00:00:41,040 --> 00:00:43,760 Speaker 3: what stocks are on the move. To do that, we 13 00:00:44,000 --> 00:00:46,240 Speaker 3: check in with Bloomberg. It needs a sick COVID. Thanks, 14 00:00:46,240 --> 00:00:46,800 Speaker 3: what are you looking at? 15 00:00:47,120 --> 00:00:50,240 Speaker 1: Let's start with Applied dig though. Despite the pullback in stocks, 16 00:00:50,240 --> 00:00:53,800 Speaker 1: that's one that's clearly staring today. It was up as 17 00:00:53,880 --> 00:00:56,880 Speaker 1: much as thirty three percent, now it's about twenty percent. 18 00:00:57,600 --> 00:00:59,840 Speaker 1: The firms that it's now an advanced discussion with a 19 00:01:00,040 --> 00:01:04,600 Speaker 1: hyper scared client client for its second data center. This 20 00:01:04,760 --> 00:01:08,600 Speaker 1: is one of the latest AI infrastructure name that is 21 00:01:08,640 --> 00:01:11,679 Speaker 1: just soaring. The stock is up more than three hundred 22 00:01:11,680 --> 00:01:15,320 Speaker 1: percent ir to date. The ticker is ap l D. 23 00:01:15,840 --> 00:01:19,360 Speaker 1: First quarter revenue was well ahead of estimates. There was 24 00:01:19,400 --> 00:01:23,480 Speaker 1: one income payment from a tenem fit. When it comes 25 00:01:23,520 --> 00:01:27,360 Speaker 1: to the losses, they were better than expected adjusted loss 26 00:01:27,360 --> 00:01:31,240 Speaker 1: of three census shared, narrower than the sixteen cents that 27 00:01:31,440 --> 00:01:35,160 Speaker 1: was expected. Of course, with the AI revolution, there is 28 00:01:35,160 --> 00:01:38,840 Speaker 1: a whole race between the biggest technologies companies spending billions 29 00:01:39,000 --> 00:01:41,440 Speaker 1: for data centers, and clearly this is one of the 30 00:01:41,480 --> 00:01:44,880 Speaker 1: new favorite swinners and it's getting a big spike to 31 00:01:45,000 --> 00:01:46,720 Speaker 1: day despite sentiments sowing. 32 00:01:48,200 --> 00:01:50,520 Speaker 2: All right, let's also talk about Levi Strauss. 33 00:01:50,720 --> 00:01:53,080 Speaker 1: Yeah, and that is one stock that is affected by 34 00:01:53,120 --> 00:01:57,560 Speaker 1: tirefs and clearly things are moving fast there. Levi Strauss 35 00:01:58,040 --> 00:02:02,560 Speaker 1: shares redalentances much as fourteen percent today. The Paramaker upgraded 36 00:02:02,600 --> 00:02:06,680 Speaker 1: earnings guidens still fell short. They mentioned tariffs, and they 37 00:02:06,760 --> 00:02:10,440 Speaker 1: mentioned some tariff calculations that are changing pretty fast. They're 38 00:02:10,480 --> 00:02:14,760 Speaker 1: expecting tariffs of China about thirty percent. They increase their 39 00:02:14,800 --> 00:02:17,840 Speaker 1: expectations to about twenty percent for the rest of the world. 40 00:02:18,160 --> 00:02:21,600 Speaker 1: So clearly we see a lot of those retailers are 41 00:02:21,600 --> 00:02:24,920 Speaker 1: constantly upgrading their forecast and facing a lot of pressure. 42 00:02:25,000 --> 00:02:27,000 Speaker 1: That was one name that was actually some of the 43 00:02:27,040 --> 00:02:29,919 Speaker 1: big winners this year. It was up more than forty 44 00:02:29,960 --> 00:02:32,480 Speaker 1: percent going into the print and it's still up twenty 45 00:02:32,520 --> 00:02:35,200 Speaker 1: five percent. But you can see how big of a 46 00:02:35,280 --> 00:02:38,240 Speaker 1: move we're seeing on tarif uncertainty. Revenue was one point 47 00:02:38,280 --> 00:02:41,320 Speaker 1: five billion for the third quarter. Some of its brands 48 00:02:41,360 --> 00:02:45,080 Speaker 1: like Beyond Yoga has been performing very well. But yeah, 49 00:02:45,160 --> 00:02:48,400 Speaker 1: it's all coming back to the macro and world we're 50 00:02:48,680 --> 00:02:50,200 Speaker 1: seeing in tariff news. 51 00:02:50,639 --> 00:02:51,799 Speaker 3: Okay, one more, what do you got? 52 00:02:52,440 --> 00:02:56,000 Speaker 1: We can talk about Mozaic, which is down today. It's 53 00:02:56,040 --> 00:02:59,680 Speaker 1: about eight percent. The fertilizer company said the third quarter 54 00:03:00,080 --> 00:03:03,480 Speaker 1: false fat production fell below wold management expected. The ticker 55 00:03:03,880 --> 00:03:06,960 Speaker 1: is mos That is another stock that was actually doing 56 00:03:07,040 --> 00:03:10,800 Speaker 1: quite well here Todate. It's still up twenty five percent 57 00:03:11,280 --> 00:03:14,480 Speaker 1: after the earnings report today, but the Tampa based company 58 00:03:14,520 --> 00:03:18,560 Speaker 1: said Friday that Mehanko issues and utility interruptions led to 59 00:03:18,760 --> 00:03:22,800 Speaker 1: meaningful decline in production. This has been a series of 60 00:03:22,840 --> 00:03:26,240 Speaker 1: issues for the company, which has already taken a hit 61 00:03:26,280 --> 00:03:29,800 Speaker 1: from US starffs as farmers have less spending power. The 62 00:03:29,840 --> 00:03:32,640 Speaker 1: company is said in August that imports of false fat 63 00:03:32,680 --> 00:03:35,560 Speaker 1: and potage were down about twenty percent year today, So 64 00:03:35,720 --> 00:03:38,640 Speaker 1: more pressure from trade policy here for sure. 65 00:03:39,920 --> 00:03:43,960 Speaker 2: The Stock Mover's Report from Bloomberg Radio. Check back with 66 00:03:44,040 --> 00:03:46,640 Speaker 2: us throughout the day for the latest roundup of companies 67 00:03:46,680 --> 00:03:49,800 Speaker 2: making news on Wall Street and for the latest market 68 00:03:49,800 --> 00:03:54,280 Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 69 00:03:54,360 --> 00:03:57,880 Speaker 2: Bloomberg dot com, and on Applecarplay and Android Auto with 70 00:03:57,960 --> 00:03:59,440 Speaker 2: the Bloomberg Business app.