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Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The.

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Speaker 2: Stock Movers podcast, your roundup of companies making moves in

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Speaker 2: the stock market. Harnessing the power of Bloomberg Data.

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Speaker 3: Let's take a look at some stocks on the move today.

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Speaker 3: We are joined by Bloomberg's Valerie Titel. Valerie, Good morning.

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Speaker 3: So much of the focus for the market today is

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Speaker 3: on US China relations. That could be the same for

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Speaker 3: Nvidia based on the latest headlines.

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Speaker 1: Good morning, Yeah, Good morning, Nathan, Happy Monday. Navidia is

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Speaker 1: starting off the week in the red, down one point

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Speaker 1: four percent in the pre market. This came after reports

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Speaker 1: that it's Chinese competitor, Huawei is making up some ground

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Speaker 1: in the AI race. Huawei is reportedly preparing to test

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Speaker 1: a new AI chip that it hopes can replace some

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Speaker 1: of those products replaced by Navidia. This comes from the

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Speaker 1: Wall Street Journal reporting that Huawei has approached some Chinese

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Speaker 1: tech companies about testing the new chip. The new processor

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Speaker 1: would put China's capabilities around two generations behind Navidia's new

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Speaker 1: black Well chips, so that news is catching up with Navidia.

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Speaker 1: Those shares are down one point four percent in pre market.

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Speaker 3: Yeah. One of the biggest volume movers in early trading

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Speaker 3: along with Tesla. Different story there.

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Speaker 1: Though different sorry here. Tesla on the upside, leaving the

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Speaker 1: gains for the mag seven. Tesla rising one point three

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Speaker 1: percent in pre market, rising again after its best week

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Speaker 1: of the year last week and over the weekend. Tesla

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Speaker 1: was reported to raise prices in Canada and encourage buyers

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Speaker 1: to snap up evs imported before the counter terriffs were

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Speaker 1: imposed on US made vehicles, so they said in an

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Speaker 1: ad campaign to get your pre tariff priced inventory wall

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Speaker 1: supplies last. Seems like the market seems to enjoy that.

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Speaker 1: Tesla shares up one point three percent.

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Speaker 3: And we got a little bit of a merger news

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Speaker 3: call it a merger Monday, I guess with Merk and

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Speaker 3: spring Works Therapeutics.

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Speaker 1: In folks, Yes, yeah, m and a Monday. Germany's marked

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Speaker 1: by US biotech firms spring Work Therapeutics for around four

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Speaker 1: billion dollars, funded with cash and debt. We're seeing the

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Speaker 1: spring Works share rise nearly three and a half percent

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Speaker 1: in pre market trade so far this morning. This goes

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Speaker 1: back after Germany's Merk has been busy putting its COVID

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Speaker 1: cash hall to work with the latest purchase, and the

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Speaker 1: acquisition is expected to boost Merk's healthcare division when that

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Speaker 1: deal closes. That's the m and A of the day,

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Speaker 1: spring Works Therapeutics of three and a half percent.

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Speaker 3: Of course, that's going to be a really busy earnings week,

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Speaker 3: a lot of the focus on tech. But this morning

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Speaker 3: we heard from a pizza delivery chain just in time

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Speaker 3: for breakfast.

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Speaker 1: Exactly Domino's Pizza falling after earnings down three percent in

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Speaker 1: the pre market. It had some mixed results. Sales did misestimates,

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Speaker 1: the fast food change, did not provide an outlook for

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Speaker 1: twenty twenty five. Their international sales did okay, but it

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Speaker 1: seems like a lot of attention on their US same

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Speaker 1: store sales declining by half a percent. So that's Domino's

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Speaker 1: on a backfoot, selling three percent in pre market.

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Speaker 3: Adding on to the lack of a guidance bandwagon here,

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Speaker 3: what's going on with Boeing? Those shares are hire this morning.

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Speaker 1: Hire in pre market Boeing rising one point six percent.

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Speaker 1: It was upgraded by Bernstein citing growth potential on the horizon.

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Speaker 1: There also was some other activity going on with Airbus

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Speaker 1: taking over some of its assets from Spirit and clearing

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Speaker 1: the way for Spirit to be acquired back by its

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Speaker 1: former parent, Boeing. So we're seeing Boeing rising one point

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Speaker 1: six percent and actually Spirit rising in the pre market

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Speaker 1: as well, up two point six percent on that divesta

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Speaker 1: share from Airbus.

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Speaker 3: And just time to tell us whether there's any positioning

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Speaker 3: around the mag seven earnings are going to get this week.

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Speaker 1: Well, it's the busiest day of first quarter earning season

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Speaker 1: this week. We've got twenty trillion in market cap set

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Speaker 1: to report the next five days. The big one our

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Speaker 1: Meta and Microsoft after the bell on Wednesday, and then

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Speaker 1: Apple and Amazon after the bell on Thursday. So the

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Speaker 1: busiest week ahead for the first quarter earning season.

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Speaker 2: The Stock Movers podcast from Bloomberg Radio. Check back with

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

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Speaker 2: making news on Wall Street and for the latest market

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Speaker 2: moving headlines. Listen to bloom Radio Live, catch us on YouTube,

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