1 00:00:02,520 --> 00:00:09,960 Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The Stock Movers Report, 2 00:00:10,280 --> 00:00:13,440 Speaker 1: your roundup of companies making moves in the stock market, 3 00:00:13,680 --> 00:00:16,160 Speaker 1: harnessing the power of Bloomberg data. 4 00:00:16,320 --> 00:00:17,840 Speaker 2: Let's take a look some of the stocks on the 5 00:00:17,840 --> 00:00:19,680 Speaker 2: move today. We can do that with Bloomberg and Itali, 6 00:00:19,760 --> 00:00:21,720 Speaker 2: Kenan Javich Tali. What are you looking at today? 7 00:00:22,000 --> 00:00:23,919 Speaker 3: So let's start with the Blue Owl Capital guys. So 8 00:00:24,000 --> 00:00:28,120 Speaker 3: shares are down by six percent the tickets Owl so 9 00:00:28,240 --> 00:00:30,480 Speaker 3: the company said that it will limit redemptions from two 10 00:00:30,520 --> 00:00:32,840 Speaker 3: of it's private credit funds. So one of them blue 11 00:00:32,840 --> 00:00:35,440 Speaker 3: Owl Credit Income, which is one of the largest in 12 00:00:35,479 --> 00:00:41,440 Speaker 3: the industry. So this fund has saw that investors are 13 00:00:41,560 --> 00:00:44,760 Speaker 3: pulling about twenty two percent of shares in the three 14 00:00:44,800 --> 00:00:48,159 Speaker 3: months ended on March thirty. First. Then there is a 15 00:00:48,200 --> 00:00:53,680 Speaker 3: smaller fund called Blue Owl Technology. Shareholders asked for forty 16 00:00:53,720 --> 00:00:56,600 Speaker 3: one percent back, so this is compared to fifteen point 17 00:00:56,640 --> 00:00:59,800 Speaker 3: four in three months earlier. So now Blue Owl is 18 00:01:00,160 --> 00:01:03,040 Speaker 3: that it will limit redemptions to about five percent. We 19 00:01:03,200 --> 00:01:08,760 Speaker 3: also see, of course other alternative credit asset managers shares 20 00:01:08,800 --> 00:01:13,160 Speaker 3: are down, such as Apollo, KIKR, Blackstone, but overall Blue 21 00:01:13,200 --> 00:01:17,080 Speaker 3: Owl is down by forty five percent guys since the 22 00:01:17,120 --> 00:01:18,320 Speaker 3: beginning of this year. 23 00:01:19,319 --> 00:01:22,600 Speaker 2: Yeah, kind of brutal for these alternative asset managers as 24 00:01:22,600 --> 00:01:25,400 Speaker 2: they kind of way through the weaknesses showing up in 25 00:01:25,440 --> 00:01:26,080 Speaker 2: private credit. 26 00:01:26,200 --> 00:01:28,560 Speaker 3: What else do you have, Natalia, Let's look at Tesla 27 00:01:28,640 --> 00:01:31,880 Speaker 3: SO shares are down by four percent the ticulars ts 28 00:01:32,400 --> 00:01:36,200 Speaker 3: La SO. Tesla posted one of one of its worst 29 00:01:36,240 --> 00:01:41,400 Speaker 3: sales quarters in years, and deliveries missed expectations. The company 30 00:01:41,440 --> 00:01:46,280 Speaker 3: delivered slightly above three hundred and fifty eight thousand vehicles 31 00:01:46,319 --> 00:01:49,400 Speaker 3: in the first quarter. Analysts expected three hundred seventy two 32 00:01:49,440 --> 00:01:53,440 Speaker 3: one sixty. So this is the second consecutive quarter when 33 00:01:53,520 --> 00:02:00,000 Speaker 3: Tesla missed expectations on deliveries and still, nevertheless, they are 34 00:02:00,160 --> 00:02:04,280 Speaker 3: up deliveries by six point three percent from a year earlier. 35 00:02:04,480 --> 00:02:07,480 Speaker 3: Now the biggest question, of course, do investors really care 36 00:02:07,520 --> 00:02:11,040 Speaker 3: about deliveries right now because everyone wants to see monus 37 00:02:11,040 --> 00:02:15,040 Speaker 3: and autonomous vehicles, robotics, et cetera. But anyway, shares of 38 00:02:15,320 --> 00:02:18,760 Speaker 3: Tesla are still on a twelve months basis are still 39 00:02:18,800 --> 00:02:19,920 Speaker 3: up by thirty percent. 40 00:02:20,320 --> 00:02:23,960 Speaker 2: Okay, down three pointy percent today, down at nineteen percent 41 00:02:24,040 --> 00:02:26,160 Speaker 2: year to day, but still up as you mentioned, thirty 42 00:02:26,160 --> 00:02:30,800 Speaker 2: percent trailing twelve months. How about Chevron Chevron. 43 00:02:30,560 --> 00:02:33,760 Speaker 3: So yes, Chevron is up by almost three percent the 44 00:02:33,840 --> 00:02:40,360 Speaker 3: tickers CVX. Just as like other oil companies, Chevrons shares 45 00:02:40,400 --> 00:02:45,239 Speaker 3: are gaining on rising oil prices. We see the WTI 46 00:02:45,440 --> 00:02:48,600 Speaker 3: is up by eleven percent today, brand CREWD is up 47 00:02:48,639 --> 00:02:52,560 Speaker 3: by almost eight percent. Of course, it came after President 48 00:02:52,560 --> 00:02:55,560 Speaker 3: Trump said that he the US would hit around hard 49 00:02:55,720 --> 00:02:58,400 Speaker 3: over the next two or three weeks, and he also 50 00:02:58,440 --> 00:03:03,200 Speaker 3: said that hormos will open naturally after the conflict ends. However, 51 00:03:03,240 --> 00:03:07,160 Speaker 3: he did not save any clear timeline or anything like 52 00:03:07,240 --> 00:03:12,480 Speaker 3: that anyway. Now analysts are modeling, including analysts from Bloomberg Intelligence. 53 00:03:12,520 --> 00:03:15,079 Speaker 3: They are saying that oil at one hundred dollars per 54 00:03:15,080 --> 00:03:18,080 Speaker 3: barrel can stay at this level until the end of 55 00:03:18,120 --> 00:03:18,560 Speaker 3: this year. 56 00:03:19,720 --> 00:03:23,760 Speaker 1: The Stock Movers report from Bloomberg Radio. 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