Speaker 1: Bloomberg Audio Studios, podcasts, radio news.
Speaker 2: The Stock Movers Report, your roundup of companies making moves
Speaker 2: in the stock market, harnessing the power of Bloomberg Data.
Speaker 3: Scarlet, Phil and Paul Sweeney live here on Bloomberg Interactive Studio,
Speaker 3: streaming live on YouTube as well. We'll stay on top
Speaker 3: of this news from President Trump again saying that threatens
Speaker 3: massive increase in TARIS on Chinese goods, as John Tucker's
Speaker 3: is reporting, and also saying he says President Trump says
Speaker 3: there seems to be no reason to meet she in
Speaker 3: South Korea, So we'll see how that plays out. Right. Now,
Speaker 3: let's get a sense of what's going on in the marketplace,
Speaker 3: what stocks are on the move. To do that, we
Speaker 3: check in with Bloomberg. It needs a sick COVID. Thanks,
Speaker 3: what are you looking at?
Speaker 1: Let's start with Applied dig though. Despite the pullback in stocks,
Speaker 1: that's one that's clearly staring today. It was up as
Speaker 1: much as thirty three percent, now it's about twenty percent.
Speaker 1: The firms that it's now an advanced discussion with a
Speaker 1: hyper scared client client for its second data center. This
Speaker 1: is one of the latest AI infrastructure name that is
Speaker 1: just soaring. The stock is up more than three hundred
Speaker 1: percent ir to date. The ticker is ap l D.
Speaker 1: First quarter revenue was well ahead of estimates. There was
Speaker 1: one income payment from a tenem fit. When it comes
Speaker 1: to the losses, they were better than expected adjusted loss
Speaker 1: of three census shared, narrower than the sixteen cents that
Speaker 1: was expected. Of course, with the AI revolution, there is
Speaker 1: a whole race between the biggest technologies companies spending billions
Speaker 1: for data centers, and clearly this is one of the
Speaker 1: new favorite swinners and it's getting a big spike to
Speaker 1: day despite sentiments sowing.
Speaker 2: All right, let's also talk about Levi Strauss.
Speaker 1: Yeah, and that is one stock that is affected by
Speaker 1: tirefs and clearly things are moving fast there. Levi Strauss
Speaker 1: shares redalentances much as fourteen percent today. The Paramaker upgraded
Speaker 1: earnings guidens still fell short. They mentioned tariffs, and they
Speaker 1: mentioned some tariff calculations that are changing pretty fast. They're
Speaker 1: expecting tariffs of China about thirty percent. They increase their
Speaker 1: expectations to about twenty percent for the rest of the world.
Speaker 1: So clearly we see a lot of those retailers are
Speaker 1: constantly upgrading their forecast and facing a lot of pressure.
Speaker 1: That was one name that was actually some of the
Speaker 1: big winners this year. It was up more than forty
Speaker 1: percent going into the print and it's still up twenty
Speaker 1: five percent. But you can see how big of a
Speaker 1: move we're seeing on tarif uncertainty. Revenue was one point
Speaker 1: five billion for the third quarter. Some of its brands
Speaker 1: like Beyond Yoga has been performing very well. But yeah,
Speaker 1: it's all coming back to the macro and world we're
Speaker 1: seeing in tariff news.
Speaker 3: Okay, one more, what do you got?
Speaker 1: We can talk about Mozaic, which is down today. It's
Speaker 1: about eight percent. The fertilizer company said the third quarter
Speaker 1: false fat production fell below wold management expected. The ticker
Speaker 1: is mos That is another stock that was actually doing
Speaker 1: quite well here Todate. It's still up twenty five percent
Speaker 1: after the earnings report today, but the Tampa based company
Speaker 1: said Friday that Mehanko issues and utility interruptions led to
Speaker 1: meaningful decline in production. This has been a series of
Speaker 1: issues for the company, which has already taken a hit
Speaker 1: from US starffs as farmers have less spending power. The
Speaker 1: company is said in August that imports of false fat
Speaker 1: and potage were down about twenty percent year today, So
Speaker 1: more pressure from trade policy here for sure.
Speaker 2: The Stock Mover's Report from Bloomberg Radio. Check back with
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