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Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The Stock Movers podcast,

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Speaker 1: your roundup of companies making moves in the stock market,

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Speaker 1: harnessing the power of Bloomberg Data.

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Speaker 2: All right, let's take a look at some stocks on

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Speaker 2: the move.

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Speaker 1: I'm alex DL alongside pauls Menium or joined now by

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Speaker 1: Dnita Zakova.

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Speaker 2: All right, let's kick it off right now with Tesla. Yeah,

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Speaker 2: since the open, this stock has been going upwards. It's

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Speaker 2: about eight percent now. It was much more move in

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Speaker 2: pre market, but clearly there is a lot of enthusiasm.

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Speaker 2: Perhaps some of it it's retail driven. But of course

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Speaker 2: this is coming after the launch of its much anticipated

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Speaker 2: driver list taxi service, which happened in Austin's The first

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Speaker 2: robotaxi trips were limited only to a small portion of

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Speaker 2: Austin and then actually there were a lot of influencers

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Speaker 2: in the launch. It wasn't perhaps a big media event,

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Speaker 2: which makes sense because we're seeing obviously this is a

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Speaker 2: favorite stock for retail investors and we're seeing the centimator

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Speaker 2: at the sentiment today. Musk has questioned the autonomy is

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Speaker 2: unlikely to move the financial needle, but people are very

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Speaker 2: excited about it, a lot of analysts are seeing kind

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Speaker 2: of a turning point and new revenue generation over there.

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Speaker 2: He must have been reorienting the carmaker around those self

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Speaker 2: driving vehicles humanoid robots, So that's kind of a new

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Speaker 2: part of the business that's been growing very fast, and

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Speaker 2: it's a big bed. This why it's down now just

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Speaker 2: fifteen percent here to date. It was much bigger loss

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Speaker 2: just Friday. Obviously there was a lot of Tourmorrow after

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Speaker 2: the breakup with Trump and all the Twitter, all the

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Speaker 2: ex drama we saw, but now some of most of

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Speaker 2: those losses have been raised. Analysts are not super optimistic

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Speaker 2: on this. There is some optimism from Wetbush analysts and

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Speaker 2: the Daniel Ives, which is saying this is above expectations,

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Speaker 2: but overall a lot of people are saying that event

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Speaker 2: was largely uneventful. So it's more of a retail euphoria

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Speaker 2: rather an analyst euphoria here.

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Speaker 1: It's part of the ons trying to get investors to

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Speaker 1: focus less on bending steel and making cars and delivering

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Speaker 1: cars and more on the upside of robotaxis, the upside.

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Speaker 2: Of AI and all that kind of stuff.

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Speaker 1: So that's kind of narrative if you're a bull. What

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Speaker 1: else you got?

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Speaker 2: We got Nordon Trust. That's sock also keep rising. It's

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Speaker 2: about ten percent now. It's coming off weekend reports from

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Speaker 2: the Wall Street Journal that the Bank of New York

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Speaker 2: Melon has approached the company's recent days for a possible merger.

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Speaker 2: So the ticker for an Order Trust is NTRS. The

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Speaker 2: stock is about eighteen twenty percent year to date. B

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Speaker 2: and I is actually down on the day. A tie

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Speaker 2: up would bring the two of the largest custodians in

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Speaker 2: the barckworld together. Of course, this is the most important part.

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Speaker 2: This is connected with reducing real estate footprints, reducing headcounts,

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Speaker 2: making it more efficient. So people are very optimistic clearly

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Speaker 2: about Northern Trust when it comes onst They're saying that

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Speaker 2: more details will come soon. And if it really depends

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Speaker 2: on the price sack, if the price sack is very high,

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Speaker 2: maybe some of that reaction won't be so good. Yeah,

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Speaker 2: we're seeing, Yeah, we're seeing optimism about the deal and

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Speaker 2: big reaction today right quickly. It's got to Estay Lotter

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Speaker 2: up by over four percent. Yeah, big move there. Deutsche

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Speaker 2: Bank upgraded the cosmetics company to buy from hold based

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Speaker 2: on increasing evidence that the firm is diversifying beyond China.

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Speaker 2: We're seeing strong demand for beauty products as well. The

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Speaker 2: company is now up three percent here today. The Deutsche

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Speaker 2: Bank target is ninety five Doors, up from seventy one Doors,

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Speaker 2: so another positive story here.

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Speaker 1: The Stock Movers podcast from Bloomberg Radio. Check back with

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Speaker 1: us throughout today for the latest roundup of companies making

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Speaker 1: news on Wall Street and for the latest market moving headlines.

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