WEBVTT - Oracle Rises, Wayfair Falls, Boeing Soar on FAA Easing Regulations

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<v Speaker 1>Bloomberg Audio Studios, podcasts, radio News.

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<v Speaker 2>The Stock Movers Report, your roundup of companies making moves

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<v Speaker 2>in the stock market, harnessing the power of Bloomberg Data.

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<v Speaker 3>Let's take a look at some of the stocks on

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<v Speaker 3>the move here, with the S and P five hundred

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<v Speaker 3>ending its recent slide just a little bit of a slide,

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<v Speaker 3>and bring in Bloomberg's Alexandra Semenova with our market drivers.

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<v Speaker 1>Alexandra, Hey, guys, good morning. I've been watching shares of

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<v Speaker 1>Oracle really closely as we get more updates on this

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<v Speaker 1>closely watched TikTok deal with the US, in which it

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<v Speaker 1>is supposed to be among a consortium of investors buying

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<v Speaker 1>the company. The Trump administration said today that they expect

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<v Speaker 1>evaluation of about fourteen billion dollars. That's actually well below

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<v Speaker 1>what the expectations were, kind of disappointing investors. Investors say

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<v Speaker 1>that a deal at that price would be a bargain

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<v Speaker 1>for buyers, including Oracle and partner Silver Lake Management, And accordingly,

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<v Speaker 1>the stock is down a little bit this morning, though

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<v Speaker 1>I do have to say it has had a fantastic

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<v Speaker 1>run this year. Obviously, we got that blowout earnings report

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<v Speaker 1>where they really wowed investors with their guidance and then

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<v Speaker 1>also of course this involvement with TikTok. The stock is

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<v Speaker 1>up about seventy four percent this year.

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<v Speaker 2>Okay, what else you got for us?

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<v Speaker 1>Here? Also taking a look at shares of furniture retailers

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<v Speaker 1>which are taking a hit right now. After President Trump

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<v Speaker 1>announced that the US will enact new tariffs specifically on

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<v Speaker 1>imported kitchen cabinets, on bathroom vanities, and other home products

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<v Speaker 1>next week. Our H is seeing its stock fall this morning,

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<v Speaker 1>I see it down about two point two percent. Wayfair,

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<v Speaker 1>another furniture retailer also dropped. Our H is one of

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<v Speaker 1>the companies that's really been taking a hit from tariffs.

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<v Speaker 1>At CEO has been a critic of Trump's trade policy.

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<v Speaker 1>It's had a really rough year basically. In a social

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<v Speaker 1>media post on Thursday night, Trump said that these kinds

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<v Speaker 1>of imported products have been flooding into the US. He

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<v Speaker 1>said that a fifty percent tariff would go on cabinets,

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<v Speaker 1>van vanities, and associated products.

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<v Speaker 3>Yeah, you wonder if that's just kind of the initial shot,

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<v Speaker 3>and of course everything's going to come down. I think

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<v Speaker 3>it's walked back, and we saw that on a pharmaceuticals.

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<v Speaker 3>If you have come, you have her thinking about building

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<v Speaker 3>a plan here, you can be exempt, right, And so

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<v Speaker 3>many companies are saying they've done just that. All right,

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<v Speaker 3>let's talk about Boeing, which has been in the news

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<v Speaker 3>this week.

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<v Speaker 1>Yeah, it is a bright spot today. The stock is

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<v Speaker 1>up about four point one percent right now. The Federal

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<v Speaker 1>Aviation Administration said that it will give it more leeway

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<v Speaker 1>to perform some safety checks on its notorious seven thirty

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<v Speaker 1>seven Max plane prior to delivery. Obviously they've struggled with

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<v Speaker 1>safety issues after multiple crashes with that plane. The FAA

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<v Speaker 1>will delegate more of its routine expection inspections to the

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<v Speaker 1>plane maker, and they also ask for permission for more

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<v Speaker 1>output on this plane. It's currently capped at about thirty

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<v Speaker 1>eight a month, and they want to see it move

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<v Speaker 1>to a rate of forty two by the end of

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<v Speaker 1>this year.

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<v Speaker 2>Investors are very happy with the SAMs the Stock Movers

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<v Speaker 2>report from Bloomberg Radio. Check back with us throughout the

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<v Speaker 2>day for the latest roundup of companies making news on

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<v Speaker 2>Wall Street and for the latest market moving headlines. Listen

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