1 00:00:02,520 --> 00:00:07,000 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 --> 00:00:16,160 Speaker 2: in the stock market, harnessing the power of Bloomberg Data. 4 00:00:16,880 --> 00:00:19,320 Speaker 3: Carol Master along with Tim Stenevieck. So let's get to 5 00:00:19,400 --> 00:00:22,760 Speaker 3: some stocks on the move. Bloomberg News Equities reporter Alexandra 6 00:00:22,800 --> 00:00:26,440 Speaker 3: Semenova is with us. Everybody's talking about Samsung. 7 00:00:26,720 --> 00:00:29,880 Speaker 4: Yeah, one of the big stories of today. Samsung Electronics 8 00:00:29,920 --> 00:00:33,080 Speaker 4: will produce AI chips for Tesla and a sixteen point 9 00:00:33,159 --> 00:00:36,239 Speaker 4: five billion dollars deal. Samsung, which is of course South 10 00:00:36,320 --> 00:00:38,920 Speaker 4: Korea's largest company, set today that the deal will last 11 00:00:39,200 --> 00:00:42,240 Speaker 4: through twenty thirty. The plan is for an upcoming plant 12 00:00:42,440 --> 00:00:46,880 Speaker 4: in Taylor, Texas to produce Tesla's next generation AI six chip. 13 00:00:47,200 --> 00:00:51,040 Speaker 4: Tesla CEO Elon Musk tweeted about this, essentially confirming scoop 14 00:00:51,440 --> 00:00:55,040 Speaker 4: by Bloomberg. On this announcement, Musk describe the value of 15 00:00:55,040 --> 00:00:57,640 Speaker 4: the deal as just the bare minimum. He said that 16 00:00:57,840 --> 00:01:01,400 Speaker 4: actual output will likely be several times higher than most 17 00:01:01,400 --> 00:01:04,760 Speaker 4: people expect, and this is also sending ASML and other 18 00:01:04,840 --> 00:01:09,880 Speaker 4: European semiconductors higher today, gaining given the fact that Samsung 19 00:01:09,920 --> 00:01:10,759 Speaker 4: is their key customer. 20 00:01:10,880 --> 00:01:13,040 Speaker 3: Yeah, I looked at the socks. Most names are higher 21 00:01:13,120 --> 00:01:16,640 Speaker 3: today and the socks is up easily, autperforming the broad 22 00:01:16,680 --> 00:01:18,920 Speaker 3: A market up ab at one point five percent. 23 00:01:18,680 --> 00:01:22,160 Speaker 1: And Tesla up about three point seven percent as we speak. Yeah, 24 00:01:22,240 --> 00:01:25,480 Speaker 1: really good day for Tesla. Okay, so Nike. 25 00:01:25,800 --> 00:01:28,000 Speaker 4: Also a good day for Nike. It is climbing today, 26 00:01:28,040 --> 00:01:31,160 Speaker 4: also up three point eight percent right now, after an 27 00:01:31,240 --> 00:01:34,880 Speaker 4: upgrade from JP Morgan to overweight from neutral. Analysts they're 28 00:01:34,920 --> 00:01:39,240 Speaker 4: citing the cited the earnings impact of their multi year 29 00:01:39,280 --> 00:01:42,480 Speaker 4: recovery plant. Matthew Boss, one of the analysts. They're expects 30 00:01:42,720 --> 00:01:45,560 Speaker 4: that plan to generate positive earnings per share growth in 31 00:01:45,600 --> 00:01:48,960 Speaker 4: the high teens to twenty percent through twenty thirty. The 32 00:01:49,000 --> 00:01:52,680 Speaker 4: recovery plan includes things like global inventory alignment and a 33 00:01:52,720 --> 00:01:56,400 Speaker 4: pickup and momentum within global wholesale order books. JP Morgan 34 00:01:56,400 --> 00:01:59,480 Speaker 4: also lifted its price target on the company to ninety 35 00:01:59,480 --> 00:02:01,960 Speaker 4: three dollars from sixty four dollars. That's about a twenty 36 00:02:01,960 --> 00:02:05,440 Speaker 4: two percent increase from Friday's close. He saw optimism there. 37 00:02:05,640 --> 00:02:07,240 Speaker 4: Just buy it, just buy it. 38 00:02:07,240 --> 00:02:09,680 Speaker 1: Just to see what you love. 39 00:02:09,760 --> 00:02:13,160 Speaker 4: Sell side research that always so catch infringement, so. 40 00:02:14,360 --> 00:02:16,799 Speaker 1: Says the analyst. Just buy it. 41 00:02:16,800 --> 00:02:21,040 Speaker 3: It's really cute. PayPal ticker's p ypl. What's going on there? 42 00:02:21,120 --> 00:02:24,200 Speaker 4: Yeah, this is pretty interesting announcement here. PayPal will soon 43 00:02:24,520 --> 00:02:27,519 Speaker 4: soon allow businesses to accept more than one hundred different 44 00:02:27,520 --> 00:02:30,760 Speaker 4: cryptocurrencies at check out. The option is going to go 45 00:02:30,840 --> 00:02:33,639 Speaker 4: live in the coming weeks. That'll allow merchants to accept 46 00:02:33,720 --> 00:02:37,959 Speaker 4: cryptos such as Bitcoin, ethereum, Tether's us d T and 47 00:02:38,040 --> 00:02:41,680 Speaker 4: circles us d C from walts including Coinbase and others. 48 00:02:41,680 --> 00:02:45,800 Speaker 4: So basically, when a consumer pays with bitcoin, it'll automatically 49 00:02:45,840 --> 00:02:50,920 Speaker 4: convert into you know, currency and into PayPal's stable coin 50 00:02:51,000 --> 00:02:53,280 Speaker 4: to be deposited into the merchant's account. 51 00:02:53,800 --> 00:02:57,600 Speaker 3: Feels like it's happening. Time to get that crypto wallet, yeah, right, 52 00:02:57,800 --> 00:03:03,200 Speaker 3: all of a sudden, Yeah, cryptos storing accessible such a 53 00:03:03,520 --> 00:03:04,920 Speaker 3: jet right, and they said that. 54 00:03:04,880 --> 00:03:09,720 Speaker 1: The crypto detailing crypto people are some payment any diamond. 55 00:03:09,800 --> 00:03:12,720 Speaker 1: The crypto people are buying the jet get flights. 56 00:03:12,800 --> 00:03:15,920 Speaker 4: Yeah, just like even all the naysayers are now on 57 00:03:16,000 --> 00:03:17,240 Speaker 4: board with it. 58 00:03:17,240 --> 00:03:20,240 Speaker 3: It's really kind of fascinating to see that good stuff. 59 00:03:20,280 --> 00:03:22,639 Speaker 3: As always, Hey, you have a story in the Bloomberg, 60 00:03:22,680 --> 00:03:24,400 Speaker 3: just give us thirty seconds on it. I think I've 61 00:03:24,400 --> 00:03:25,840 Speaker 3: been quoting NonStop from it. 62 00:03:26,080 --> 00:03:28,919 Speaker 4: Yeah, so it's obviously a really big week. I call 63 00:03:28,919 --> 00:03:31,959 Speaker 4: it the super Bowl for traders this week, given all 64 00:03:32,000 --> 00:03:33,680 Speaker 4: of the data points that we have coming up. We 65 00:03:33,680 --> 00:03:36,040 Speaker 4: have a rating on GDP, we have non farm payrolls, 66 00:03:36,080 --> 00:03:39,880 Speaker 4: we have riddings on inflation and manufacturing. This comes alongside 67 00:03:39,920 --> 00:03:43,200 Speaker 4: a FED decision, we have Donald Trump's self and post 68 00:03:43,400 --> 00:03:45,600 Speaker 4: tariff deadline, and of course big tech earnings. So it's 69 00:03:45,640 --> 00:03:48,800 Speaker 4: really going to be a make or break week for markets. Obviously, 70 00:03:49,000 --> 00:03:51,960 Speaker 4: evaluations are back to February levels, trading at twenty two 71 00:03:52,000 --> 00:03:53,920 Speaker 4: times earnings on the S and P five hundred, so 72 00:03:54,080 --> 00:03:57,680 Speaker 4: any kind of disappointment could really cost some volatility here. 73 00:03:57,720 --> 00:04:00,400 Speaker 4: What's interesting though, the vics last time I was still 74 00:04:00,440 --> 00:04:03,120 Speaker 4: around fifteen, so not a lot of people hedging for 75 00:04:03,160 --> 00:04:04,400 Speaker 4: a really consequential week. 76 00:04:06,000 --> 00:04:10,200 Speaker 2: The Stockmover's Report from Bloomberg Radio. 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