WEBVTT - Applied Digital Rises, Levi Falls, Mosaic Drops on Phosphate Production 

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<v Speaker 1>Bloomberg Audio Studios, podcasts, radio news.

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<v Speaker 2>The Stock Movers Report, your roundup of companies making moves

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<v Speaker 2>in the stock market, harnessing the power of Bloomberg Data.

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<v Speaker 3>Scarlet, Phil and Paul Sweeney live here on Bloomberg Interactive Studio,

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<v Speaker 3>streaming live on YouTube as well. We'll stay on top

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<v Speaker 3>of this news from President Trump again saying that threatens

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<v Speaker 3>massive increase in TARIS on Chinese goods, as John Tucker's

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<v Speaker 3>is reporting, and also saying he says President Trump says

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<v Speaker 3>there seems to be no reason to meet she in

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<v Speaker 3>South Korea, So we'll see how that plays out. Right. Now,

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<v Speaker 3>let's get a sense of what's going on in the marketplace,

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<v Speaker 3>what stocks are on the move. To do that, we

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<v Speaker 3>check in with Bloomberg. It needs a sick COVID. Thanks,

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<v Speaker 3>what are you looking at?

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<v Speaker 1>Let's start with Applied dig though. Despite the pullback in stocks,

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<v Speaker 1>that's one that's clearly staring today. It was up as

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<v Speaker 1>much as thirty three percent, now it's about twenty percent.

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<v Speaker 1>The firms that it's now an advanced discussion with a

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<v Speaker 1>hyper scared client client for its second data center. This

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<v Speaker 1>is one of the latest AI infrastructure name that is

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<v Speaker 1>just soaring. The stock is up more than three hundred

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<v Speaker 1>percent ir to date. The ticker is ap l D.

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<v Speaker 1>First quarter revenue was well ahead of estimates. There was

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<v Speaker 1>one income payment from a tenem fit. When it comes

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<v Speaker 1>to the losses, they were better than expected adjusted loss

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<v Speaker 1>of three census shared, narrower than the sixteen cents that

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<v Speaker 1>was expected. Of course, with the AI revolution, there is

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<v Speaker 1>a whole race between the biggest technologies companies spending billions

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<v Speaker 1>for data centers, and clearly this is one of the

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<v Speaker 1>new favorite swinners and it's getting a big spike to

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<v Speaker 1>day despite sentiments sowing.

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<v Speaker 2>All right, let's also talk about Levi Strauss.

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<v Speaker 1>Yeah, and that is one stock that is affected by

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<v Speaker 1>tirefs and clearly things are moving fast there. Levi Strauss

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<v Speaker 1>shares redalentances much as fourteen percent today. The Paramaker upgraded

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<v Speaker 1>earnings guidens still fell short. They mentioned tariffs, and they

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<v Speaker 1>mentioned some tariff calculations that are changing pretty fast. They're

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<v Speaker 1>expecting tariffs of China about thirty percent. They increase their

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<v Speaker 1>expectations to about twenty percent for the rest of the world.

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<v Speaker 1>So clearly we see a lot of those retailers are

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<v Speaker 1>constantly upgrading their forecast and facing a lot of pressure.

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<v Speaker 1>That was one name that was actually some of the

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<v Speaker 1>big winners this year. It was up more than forty

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<v Speaker 1>percent going into the print and it's still up twenty

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<v Speaker 1>five percent. But you can see how big of a

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<v Speaker 1>move we're seeing on tarif uncertainty. Revenue was one point

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<v Speaker 1>five billion for the third quarter. Some of its brands

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<v Speaker 1>like Beyond Yoga has been performing very well. But yeah,

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<v Speaker 1>it's all coming back to the macro and world we're

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<v Speaker 1>seeing in tariff news.

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<v Speaker 3>Okay, one more, what do you got?

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<v Speaker 1>We can talk about Mozaic, which is down today. It's

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<v Speaker 1>about eight percent. The fertilizer company said the third quarter

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<v Speaker 1>false fat production fell below wold management expected. The ticker

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<v Speaker 1>is mos That is another stock that was actually doing

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<v Speaker 1>quite well here Todate. It's still up twenty five percent

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<v Speaker 1>after the earnings report today, but the Tampa based company

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<v Speaker 1>said Friday that Mehanko issues and utility interruptions led to

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<v Speaker 1>meaningful decline in production. This has been a series of

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<v Speaker 1>issues for the company, which has already taken a hit

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<v Speaker 1>from US starffs as farmers have less spending power. The

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<v Speaker 1>company is said in August that imports of false fat

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<v Speaker 1>and potage were down about twenty percent year today, So

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<v Speaker 1>more pressure from trade policy here for sure.

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<v Speaker 2>The Stock Mover's Report from Bloomberg Radio. Check back with

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<v Speaker 2>us throughout the day for the latest roundup of companies

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