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Speaker 1: Hi, I'm Caroline Hyde introducing you to the new Stockmovers

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Speaker 1: podcast from Bloomberg. The show brings you short episodes five

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Speaker 1: minutes or less, covering the stocks making gains and losses

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Speaker 1: in today's trading. Subscribe to Stockmovers on Apple, Spotify, or

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Speaker 1: anyway you get your podcasts now. Here's a sample of

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Speaker 1: the latest episode from our team at Bloomberg.

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Speaker 2: Bloomberg Audio Studios, Podcasts, radio News. The Stock Movers podcast

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Speaker 2: your roundup of companies making moves in the stock market,

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Speaker 2: harnessing the power of Bloomberg Data.

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Speaker 3: Both a look at some of the stocks that are

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Speaker 3: roving look under the hood right now. We're joined by

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Speaker 3: Bailly Lipschultz, the equity reporter for Bloomberg News. At the

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Speaker 3: intersection of China and Chips, we find well Texas Instruments.

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Speaker 4: Yeah, Chips calculators. As Emily made the point, they do

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Speaker 4: thing stock right now under the taker t x N

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Speaker 4: worst forming the S and P five hundred. This comes

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Speaker 4: and I'm going to use a surveillance word, a little

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Speaker 4: bit of bifurcation of the semiconductor's index. We're seeing Broadcom

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Speaker 4: trading higher as is ASML and Nvidia, but the reason

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Speaker 4: that Texas Instrument, along with Intel are under so much

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Speaker 4: pressure is because of the new Chinese tariffs targeting semiconductor imports.

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Speaker 4: So Beijing raising tariffs in all US goods. US manufacturers

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Speaker 4: Intel and Texas Instrument are down because of them.

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Speaker 3: How much in terms of chips do we sell? Does

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Speaker 3: the US sell to China? And why don't they just

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Speaker 3: make their own?

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Speaker 4: I mean you're asking, You're asking the real questions you

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Speaker 4: should be asking. But I think that goes back to

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Speaker 4: the whole argument about a lot of the trade war

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Speaker 4: details of who imports what and who exports other things.

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Speaker 2: That's right.

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Speaker 4: I mean again, I just think of calculators.

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Speaker 2: But I guess this is all based on the trade

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Speaker 2: ward not about calculator demand.

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Speaker 4: No, not about at least not today. But sentiment is

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Speaker 4: definitely getting dang even though the S and P five hundred.

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Speaker 3: You have a calculator, I have people to do for me.

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Speaker 4: Well, I used to. I would always use a Texas instrument.

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Speaker 2: Yeah cool, they.

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Speaker 4: Didn't have those sat. What did you use?

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Speaker 3: We heard capul we pulled a handle on it.

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Speaker 4: What else are you watching? You stick on on the

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Speaker 4: trade that maybe caters to an older generation. Gold ripping,

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Speaker 4: So Newmont up right now up more than six and

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Speaker 4: a half percent tick or any best performing the SNB

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Speaker 4: five hundred. Opposite side of that, when people are getting anxious,

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Speaker 4: they flocked to precious medals, they flocked to gold, they

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Speaker 4: flocked to commodities, So Newmont rallying because of that. Also,

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Speaker 4: the company did get an upgrade from ubs, hiking their

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Speaker 4: price target to sixty bucks from fifty. The stock right

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Speaker 4: now treading at fifty four forty, basically saying long run

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Speaker 4: company has a way to go to reestablish their track

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Speaker 4: record and credibility. But basically Gold COEs A are rallying

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Speaker 4: and the backdrop for Macro is better for the company.

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Speaker 3: Are you going to like get a pick and a

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Speaker 3: shovel and go up to the Yukon? At some point

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Speaker 3: debating it?

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Speaker 4: You know, I'm from California, so maybe I should go

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Speaker 4: back to the West coast.

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Speaker 3: Treat it like Sutter's Mill anywhere near there.

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Speaker 4: I don't even know where that is. You're using geography, man,

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Speaker 4: you're exposing the sausade.

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Speaker 3: Oh never mind, Emily, what's the next stock You're looking at.

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Speaker 4: One of the underperformers in the banking space, Walls Fargo

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Speaker 4: right now down four percent ticker WFC. Big earning season

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Speaker 4: for banks, but obviously the big focus is on what

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Speaker 4: the future holds for these companies. The one thing that

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Speaker 4: did stand out though, for Wells Fargo, obviously a bit

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Speaker 4: different of a business relative to JP Morgan and Morgan Stanley,

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Speaker 4: they actually got digged by a number of analysts flagging

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Speaker 4: lower net interest income and non interest income, so basically

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Speaker 4: saying that those were the net interest income was lighter

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Speaker 4: in they're no reserves built, according to HSBC analysts and others,

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Speaker 4: basically saying that weaker revenues were hitting the company. But again,

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Speaker 4: we are in such a macro market that these moves

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Speaker 4: can verset pretty quickly.

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Speaker 2: The Stockmovers podcast from Bloomberg Radio. Check back with us

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Speaker 2: throughout the day for the latest roundup of companies making

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Speaker 2: news on Wall Street and for the latest market moving headlines.

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Speaker 2: Listen to Bloomberg Radio Live, catch us on YouTube, Bloomberg

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