1 00:00:02,520 --> 00:00:08,800 Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The. 2 00:00:08,880 --> 00:00:13,160 Speaker 2: Stock Movers podcast, your roundup of companies making moves in 3 00:00:13,200 --> 00:00:16,480 Speaker 2: the stock market. Harnessing the power of Bloomberg Data. 4 00:00:17,800 --> 00:00:19,720 Speaker 1: Let's take a look at some stocks on the move today. 5 00:00:19,760 --> 00:00:22,440 Speaker 1: We are joined by Bloomberg's Critty Gupta. On a very 6 00:00:22,600 --> 00:00:25,040 Speaker 1: busy morning for earnings, but I think we can still 7 00:00:25,079 --> 00:00:27,200 Speaker 1: say the broader market focus is on the earnings we 8 00:00:27,240 --> 00:00:31,680 Speaker 1: got yesterday from big tech. Really nice results for Microsoft 9 00:00:31,680 --> 00:00:34,160 Speaker 1: and medic Good morning, Critty, Good morning Nathan. 10 00:00:34,400 --> 00:00:37,320 Speaker 3: The A plus student gets an A plus plus this morning. 11 00:00:37,320 --> 00:00:38,680 Speaker 3: I think that's the way to read some of these 12 00:00:38,720 --> 00:00:42,960 Speaker 3: tech earnings. Microsoft shares are soaring, hired by almost ten 13 00:00:43,040 --> 00:00:45,159 Speaker 3: percent in the pre market, trading at four hundred and 14 00:00:45,200 --> 00:00:48,360 Speaker 3: thirty one dollars a share. MSFT is your ticker. The 15 00:00:48,400 --> 00:00:51,640 Speaker 3: reporter earnings that were really stand out. The Wall Street 16 00:00:51,720 --> 00:00:53,680 Speaker 3: estimate of their cloud business, which is really kind of 17 00:00:53,680 --> 00:00:57,720 Speaker 3: the measure of success for Microsoft, was at twenty nine percent. 18 00:00:57,760 --> 00:01:01,440 Speaker 3: Their cloud unit posted a thirty three revenue games not 19 00:01:01,520 --> 00:01:04,440 Speaker 3: just a beat, a big beat on that front as well. 20 00:01:04,480 --> 00:01:06,679 Speaker 3: So the good news there good news and meta platforms 21 00:01:06,720 --> 00:01:09,559 Speaker 3: as well. A six percent rise for that stock. This morning, 22 00:01:09,680 --> 00:01:12,119 Speaker 3: m ETAs your ticker trading at five hundred and eighty 23 00:01:12,160 --> 00:01:15,240 Speaker 3: two bucks to share. AD sales are still there. People 24 00:01:15,280 --> 00:01:18,600 Speaker 3: are still advertising on Facebook, on Meta, on some of 25 00:01:18,600 --> 00:01:22,160 Speaker 3: the other kind of platforms underneath their umbrella. But they 26 00:01:22,200 --> 00:01:24,760 Speaker 3: are warning about the tariff impact. They are saying that 27 00:01:24,800 --> 00:01:27,280 Speaker 3: it isn't full steam ahead. There may still be some 28 00:01:27,400 --> 00:01:30,160 Speaker 3: bumps in the road. But market's kind of looking through 29 00:01:30,160 --> 00:01:33,840 Speaker 3: that because at the moment, AD sales not ringing the alarm, 30 00:01:33,920 --> 00:01:37,559 Speaker 3: so meta platforms getting quite the boost this morning. As 31 00:01:37,640 --> 00:01:39,880 Speaker 3: I mentioned, I'm going to take a quick pivot away 32 00:01:39,880 --> 00:01:42,120 Speaker 3: from tech Nathan, because it's not just the earning stories 33 00:01:42,280 --> 00:01:45,160 Speaker 3: that are driving this market this morning. Eli Lilly is 34 00:01:45,200 --> 00:01:47,680 Speaker 3: taking a beating this morning in the pre market. At 35 00:01:47,960 --> 00:01:50,960 Speaker 3: LLY is your ticker down about three percent now. The 36 00:01:51,080 --> 00:01:53,880 Speaker 3: earnings are crossing the wire as well. Looks like they've 37 00:01:54,280 --> 00:01:56,560 Speaker 3: kind of brought down their earnings just a little bit 38 00:01:56,600 --> 00:01:58,840 Speaker 3: as well. Their guidance still affirmed. But what seems to 39 00:01:58,880 --> 00:02:01,960 Speaker 3: be rattling the stock is that CBS is partnering with 40 00:02:02,080 --> 00:02:06,560 Speaker 3: Novo Nordisk to increase their use of WGOV and that's 41 00:02:06,600 --> 00:02:08,160 Speaker 3: of course going to hit the bottom line and the 42 00:02:08,200 --> 00:02:11,680 Speaker 3: coverage that Eli Lilly has, so that is not a 43 00:02:11,720 --> 00:02:14,920 Speaker 3: great win for them. Those shares down about three percent. 44 00:02:15,280 --> 00:02:18,320 Speaker 3: Lly is your ticker there. I'm circling back to the 45 00:02:18,360 --> 00:02:21,920 Speaker 3: tariff conversation now, Nathan, as the AUS promised, because you 46 00:02:22,000 --> 00:02:25,680 Speaker 3: are seeing some of these companies, not Meta, not Microsoft, 47 00:02:25,840 --> 00:02:29,160 Speaker 3: but others certainly issuing warnings. Qualcom is another major company 48 00:02:29,200 --> 00:02:32,679 Speaker 3: taking a beating this morning. Qcom is your ticker, down 49 00:02:32,760 --> 00:02:36,480 Speaker 3: about five point four percent in the pre market, trading 50 00:02:36,520 --> 00:02:39,280 Speaker 3: in about one hundred and forty bucks a share. This, 51 00:02:39,360 --> 00:02:41,280 Speaker 3: of course the biggest maker of trips for a very 52 00:02:41,280 --> 00:02:43,960 Speaker 3: long time. It was in the iPhone supply chain as well. 53 00:02:44,240 --> 00:02:47,120 Speaker 3: They're talking about a not so great forecast, a lot 54 00:02:47,120 --> 00:02:50,440 Speaker 3: of that coming to supply chain issues that come back 55 00:02:50,480 --> 00:02:53,560 Speaker 3: down to iPhones, that come back down to the tariff impact. 56 00:02:53,639 --> 00:02:55,639 Speaker 3: So they're really freaking out the market there and the 57 00:02:55,680 --> 00:02:59,359 Speaker 3: shares suffering. Harley Davidson is in the same boat. Of course, 58 00:02:59,520 --> 00:03:04,079 Speaker 3: America beloved motorcycle maker with drawing their twenty twenty five 59 00:03:04,160 --> 00:03:07,960 Speaker 3: outlook again due to the tariff situation, so that's going 60 00:03:08,000 --> 00:03:10,239 Speaker 3: to be a big one. And General Motors as well 61 00:03:10,320 --> 00:03:13,359 Speaker 3: starting to quantify some of the move that their tariff 62 00:03:13,360 --> 00:03:15,560 Speaker 3: impact is going to take Remember yesterday they talked about 63 00:03:15,840 --> 00:03:18,560 Speaker 3: suspending some of their guidance. The number out this morning 64 00:03:18,600 --> 00:03:21,600 Speaker 3: from the shareholder letter was about a five billion dollar 65 00:03:21,639 --> 00:03:23,720 Speaker 3: impacts of GM as your ticker for General Motors. The 66 00:03:23,720 --> 00:03:26,760 Speaker 3: shares are actually higher by two point eight percent, despite 67 00:03:26,760 --> 00:03:29,280 Speaker 3: five billion being a pretty decent number, But it kind 68 00:03:29,280 --> 00:03:31,679 Speaker 3: of looks like maybe the street expected a little bit 69 00:03:31,800 --> 00:03:35,360 Speaker 3: more so bracing warning the investor base that seems to 70 00:03:35,360 --> 00:03:37,440 Speaker 3: be a message from the likes of Harley Davidson, General 71 00:03:37,440 --> 00:03:39,920 Speaker 3: Motors and Qualcom. 72 00:03:40,000 --> 00:03:44,160 Speaker 2: The Stock Movers podcast from Bloomberg Radio. Check back with 73 00:03:44,240 --> 00:03:47,320 Speaker 2: us throughout today for the latest roundup of companies making 74 00:03:47,400 --> 00:03:51,000 Speaker 2: news on Wall Street and for the latest market moving headlines. 75 00:03:51,120 --> 00:03:55,040 Speaker 2: Listen to Bloomberg Radio Live, catch us on YouTube, Bloomberg 76 00:03:55,120 --> 00:03:57,920 Speaker 2: dot com, and on Applecarplay and Android Auto with the 77 00:03:57,920 --> 00:03:59,360 Speaker 2: Bloomberg Business app.