1 00:00:02,520 --> 00:00:07,360 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 --> 00:00:15,880 Speaker 2: in the stock market, harnessing the power of Bloomberg Data. 4 00:00:17,000 --> 00:00:18,680 Speaker 3: Let's take a look at some of the stocks on 5 00:00:18,720 --> 00:00:20,480 Speaker 3: the move here, with the S and P five hundred 6 00:00:20,960 --> 00:00:23,520 Speaker 3: ending its recent slide just a little bit of a slide, 7 00:00:23,600 --> 00:00:26,880 Speaker 3: and bring in Bloomberg's Alexandra Semenova with our market drivers. 8 00:00:27,000 --> 00:00:29,960 Speaker 1: Alexandra, Hey, guys, good morning. I've been watching shares of 9 00:00:30,000 --> 00:00:32,519 Speaker 1: Oracle really closely as we get more updates on this 10 00:00:32,560 --> 00:00:34,960 Speaker 1: closely watched TikTok deal with the US, in which it 11 00:00:35,000 --> 00:00:38,800 Speaker 1: is supposed to be among a consortium of investors buying 12 00:00:38,800 --> 00:00:42,479 Speaker 1: the company. The Trump administration said today that they expect 13 00:00:42,520 --> 00:00:46,839 Speaker 1: evaluation of about fourteen billion dollars. That's actually well below 14 00:00:46,960 --> 00:00:51,440 Speaker 1: what the expectations were, kind of disappointing investors. Investors say 15 00:00:51,440 --> 00:00:53,800 Speaker 1: that a deal at that price would be a bargain 16 00:00:53,840 --> 00:00:58,880 Speaker 1: for buyers, including Oracle and partner Silver Lake Management, And accordingly, 17 00:00:59,000 --> 00:01:01,360 Speaker 1: the stock is down a little bit this morning, though 18 00:01:01,400 --> 00:01:03,600 Speaker 1: I do have to say it has had a fantastic 19 00:01:03,680 --> 00:01:06,520 Speaker 1: run this year. Obviously, we got that blowout earnings report 20 00:01:06,760 --> 00:01:10,160 Speaker 1: where they really wowed investors with their guidance and then 21 00:01:10,200 --> 00:01:13,000 Speaker 1: also of course this involvement with TikTok. The stock is 22 00:01:13,080 --> 00:01:15,000 Speaker 1: up about seventy four percent this year. 23 00:01:16,200 --> 00:01:17,480 Speaker 2: Okay, what else you got for us? 24 00:01:17,480 --> 00:01:21,400 Speaker 1: Here? Also taking a look at shares of furniture retailers 25 00:01:21,440 --> 00:01:24,200 Speaker 1: which are taking a hit right now. After President Trump 26 00:01:24,240 --> 00:01:27,520 Speaker 1: announced that the US will enact new tariffs specifically on 27 00:01:27,600 --> 00:01:31,840 Speaker 1: imported kitchen cabinets, on bathroom vanities, and other home products 28 00:01:31,880 --> 00:01:35,080 Speaker 1: next week. Our H is seeing its stock fall this morning, 29 00:01:35,160 --> 00:01:39,040 Speaker 1: I see it down about two point two percent. Wayfair, 30 00:01:39,120 --> 00:01:42,800 Speaker 1: another furniture retailer also dropped. Our H is one of 31 00:01:42,800 --> 00:01:45,280 Speaker 1: the companies that's really been taking a hit from tariffs. 32 00:01:45,319 --> 00:01:48,000 Speaker 1: At CEO has been a critic of Trump's trade policy. 33 00:01:48,040 --> 00:01:50,639 Speaker 1: It's had a really rough year basically. In a social 34 00:01:50,640 --> 00:01:53,920 Speaker 1: media post on Thursday night, Trump said that these kinds 35 00:01:53,960 --> 00:01:56,960 Speaker 1: of imported products have been flooding into the US. He 36 00:01:57,080 --> 00:01:59,680 Speaker 1: said that a fifty percent tariff would go on cabinets, 37 00:01:59,760 --> 00:02:02,080 Speaker 1: van vanities, and associated products. 38 00:02:02,360 --> 00:02:04,440 Speaker 3: Yeah, you wonder if that's just kind of the initial shot, 39 00:02:04,480 --> 00:02:06,160 Speaker 3: and of course everything's going to come down. I think 40 00:02:06,160 --> 00:02:08,320 Speaker 3: it's walked back, and we saw that on a pharmaceuticals. 41 00:02:08,800 --> 00:02:10,680 Speaker 3: If you have come, you have her thinking about building 42 00:02:10,680 --> 00:02:13,000 Speaker 3: a plan here, you can be exempt, right, And so 43 00:02:13,080 --> 00:02:15,640 Speaker 3: many companies are saying they've done just that. All right, 44 00:02:15,720 --> 00:02:17,480 Speaker 3: let's talk about Boeing, which has been in the news 45 00:02:17,480 --> 00:02:17,959 Speaker 3: this week. 46 00:02:18,120 --> 00:02:21,000 Speaker 1: Yeah, it is a bright spot today. The stock is 47 00:02:21,040 --> 00:02:23,880 Speaker 1: up about four point one percent right now. The Federal 48 00:02:23,919 --> 00:02:27,320 Speaker 1: Aviation Administration said that it will give it more leeway 49 00:02:27,360 --> 00:02:31,720 Speaker 1: to perform some safety checks on its notorious seven thirty 50 00:02:31,760 --> 00:02:35,320 Speaker 1: seven Max plane prior to delivery. Obviously they've struggled with 51 00:02:35,400 --> 00:02:39,200 Speaker 1: safety issues after multiple crashes with that plane. The FAA 52 00:02:39,240 --> 00:02:42,600 Speaker 1: will delegate more of its routine expection inspections to the 53 00:02:42,639 --> 00:02:45,560 Speaker 1: plane maker, and they also ask for permission for more 54 00:02:45,639 --> 00:02:48,720 Speaker 1: output on this plane. It's currently capped at about thirty 55 00:02:48,800 --> 00:02:50,720 Speaker 1: eight a month, and they want to see it move 56 00:02:50,800 --> 00:02:52,560 Speaker 1: to a rate of forty two by the end of 57 00:02:52,560 --> 00:02:52,919 Speaker 1: this year. 58 00:02:53,120 --> 00:02:56,720 Speaker 2: Investors are very happy with the SAMs the Stock Movers 59 00:02:56,800 --> 00:03:00,440 Speaker 2: report from Bloomberg Radio. Check back with us throughout the 60 00:03:00,520 --> 00:03:03,320 Speaker 2: day for the latest roundup of companies making news on 61 00:03:03,400 --> 00:03:07,040 Speaker 2: Wall Street and for the latest market moving headlines. 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