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Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The.

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Speaker 2: Stock Movers podcast, your roundup of companies making moves in

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Speaker 2: the stock market, harnessing the power of Bloomberg Data.

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Speaker 1: Stock Movers, Let's get right to it. I talked to

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Speaker 1: Lisa's people. Yep, they pulled me aside yesterday, said mister King.

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Speaker 1: She louns to do four stock movers.

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Speaker 2: Wow.

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Speaker 1: Okay, so we have to be less chatty, all right,

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Speaker 1: so she can ram through this. Val It's a valuable podcast,

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Speaker 1: Stock Movers, and it's great. It's out there on Spotify

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Speaker 1: on Apple. Right now with the stock Movers, Lisa Mataio.

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Speaker 3: All right, so we'll start with Taiwan Semiconductor Manufacturing their

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Speaker 3: ady R taker TSM. Their shares have been up as

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Speaker 3: much as three percent. They're the main chimmaker for Nvidia,

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Speaker 3: for Apple. It reported forty percent jump in May revenue companies.

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Speaker 3: What happened is companies really started to stockpile all those

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Speaker 3: chips in response because they weren't sure about trade and

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Speaker 3: what's going to happen with tariffs. But sales did drop

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Speaker 3: about eight point three percent in April. And Nvidia they've

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Speaker 3: also been trying to kind of ease investor fears about

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Speaker 3: this Chinese slowdown. They delivered like a solid sales forecast

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Speaker 3: to Taiwe Semiconductor. Yeah, forty percent jump, mays seventy of.

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Speaker 1: Their business is outside I one in China. I had.

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Speaker 4: Big stat, big stat.

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Speaker 3: So we're gonna stick with AI in this whole tech

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Speaker 3: scheme will go to Meta ticker Meta shares up as

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Speaker 3: much as one percent.

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Speaker 4: Here's the thing.

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Speaker 3: So, so Mark Sockerberg gues Facebook as settling a team

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Speaker 3: of about fifty experts to achieve this artificial general intelligence.

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Speaker 4: And you say, what AGI.

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Speaker 3: Okay, So the idea behind it is that that machines

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Speaker 3: can perform just as well as humans at many tasks.

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Speaker 3: And it's referred like internally as super Intelligence Group. But

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Speaker 3: once Men's meta like reaches that milestone, then they want

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Speaker 3: then it could stretch into different things. They could include

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Speaker 3: the meta chat but the AI powered ray Man glasses too.

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Speaker 4: But he's taken it seriously.

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Speaker 3: I mean, he's recruiting this these AI researchers, engineers has

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Speaker 3: met him at his home in Lake Tahoe and Paulo

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Speaker 3: Alto and yeah, he's even like rearranging desks at the

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Speaker 3: Menlo Park headquarters so people can sit next to him.

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Speaker 4: Certain people can sit next to him.

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Speaker 2: Wow.

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Speaker 4: So yeah, he's going on.

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Speaker 1: If there's an infield fly rule like last night, and

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Speaker 1: the third basement of the red Sox doesn't catch the

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Speaker 1: ball and he hits the ground, and the guy on

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Speaker 1: first goes to second, the guy in second goes to third,

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Speaker 1: but the guy at second is out. AI is going

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Speaker 1: to fix that.

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Speaker 4: Killing me?

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Speaker 3: Okay, we're going to McDonald's take our mcd.

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Speaker 4: It shares have been down more than one percent. So

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Speaker 4: here's the thing.

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Speaker 3: It got this downgrade from redburn to sell from by

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Speaker 3: the reason why.

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Speaker 4: They say weight loss.

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Speaker 3: Drugs are going to make people eat less, and that's

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Speaker 3: going to be but they say it's going to be

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Speaker 3: a longer term threat.

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Speaker 4: Here's the new the new little nugget.

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Speaker 3: Okay, they say it's just going to be go beyond

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Speaker 3: the individual consumer and it's going to extend to groups.

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Speaker 3: So now because one person wants to eat less, the

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Speaker 3: whole group of friends are not going to come now,

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Speaker 3: So that's the problem. That's what they're starting to see.

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Speaker 3: So that's yeah, that's the big thing.

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Speaker 4: They're saying.

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Speaker 3: It's going to go beyond and go to groups. Of people,

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Speaker 3: and I want to end off with Uber ticker or

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Speaker 3: u b e er Yes, chair is up one percent

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Speaker 3: them and self driving technology firm Wave Technologies. They plan

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Speaker 3: to run their first trial of fully autonomous vehicles in London,

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Speaker 3: so pretty soon the next trip to London you could

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Speaker 3: see these things driving around. They didn't name an auto

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Speaker 3: manufacturer partner, but they did say they would in the

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Speaker 3: next coming months or so. And they're going to collaborate

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Speaker 3: with the UK government Transport for London. They have permitting, regulatory,

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Speaker 3: approval process, all.

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Speaker 4: That going in place. But they've they've done this. They're launching.

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Speaker 4: Uber's done these robotaxi services like.

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Speaker 3: I saw them when I went to San Francisco, like

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Speaker 3: the Waimo one going around everywhere.

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Speaker 4: I don't know.

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Speaker 3: I don't know if I would hop into one behind every.

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Speaker 4: Morning, I don't know. So I'm not sure how different

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Speaker 4: this is. I don't know. So anyway, they've done it before.

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Speaker 3: You know, they had the Austin. I think they're going

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Speaker 3: to Atlanta. Uber and Alphabenzueimo and also in Abudag.

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Speaker 2: If you have to do the Stock Movers podcast from

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Speaker 2: Bloomberg Radio, check back with us throughout the day. For

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Speaker 2: the latest roundup of companies making news on Wall Street,

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Speaker 2: and for the latest market moving headlines. Listen to Bloomberg

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