1 00:00:02,520 --> 00:00:08,840 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 --> 00:00:16,479 Speaker 2: the stock market, harnessing the power of Bloomberg Data. 4 00:00:18,040 --> 00:00:20,360 Speaker 1: I'm Jim steneback with Carol Master. Let's take a look 5 00:00:20,360 --> 00:00:22,640 Speaker 1: at some stocks on the move this week. Bloomberg News 6 00:00:22,680 --> 00:00:26,119 Speaker 1: Earnings reporter read at Brown is it with us? Read? 7 00:00:26,720 --> 00:00:29,840 Speaker 1: I want to start with on Semi? Why is it 8 00:00:29,920 --> 00:00:30,800 Speaker 1: on your radar this week? 9 00:00:30,920 --> 00:00:33,840 Speaker 3: Yeah, on Semi, the ticker is o N. I saw 10 00:00:33,840 --> 00:00:35,600 Speaker 3: my raidar because it was the best performing stock in 11 00:00:35,760 --> 00:00:39,160 Speaker 3: S and P five hundred rose nineteen point four percent 12 00:00:39,200 --> 00:00:40,760 Speaker 3: this week. I was on here a little earlier this 13 00:00:40,800 --> 00:00:44,320 Speaker 3: week actually discussing it, and the performance comes because the 14 00:00:44,400 --> 00:00:47,040 Speaker 3: CEO was speaking at a conference and made the point 15 00:00:47,080 --> 00:00:50,440 Speaker 3: that some of these non AI chips that companies like 16 00:00:50,520 --> 00:00:54,400 Speaker 3: On are involved in making are finally starting to see recovery. 17 00:00:54,400 --> 00:00:56,920 Speaker 3: It's been around two or three years of kind of 18 00:00:57,360 --> 00:01:03,440 Speaker 3: sequential and consistent contractions for these businesses and finally starting 19 00:01:03,480 --> 00:01:05,480 Speaker 3: to maybe see a rebound. I also think some of 20 00:01:05,520 --> 00:01:08,039 Speaker 3: the news that's coming out today with talks planned with 21 00:01:08,240 --> 00:01:11,000 Speaker 3: China next week is also kind of relevant for these stocks. 22 00:01:11,040 --> 00:01:14,600 Speaker 3: You know what does that mean for the potential demand 23 00:01:14,720 --> 00:01:18,559 Speaker 3: within automotive sector? Does that improve if those talks start 24 00:01:18,600 --> 00:01:22,520 Speaker 3: to kind of alleviate some of the pressures that those 25 00:01:22,560 --> 00:01:24,880 Speaker 3: industries that on and some of its other peers which 26 00:01:24,880 --> 00:01:28,000 Speaker 3: are also trading higher this week are very critical too. 27 00:01:29,080 --> 00:01:34,360 Speaker 3: You mentioned, Okay, so some positivity right for that name, 28 00:01:34,440 --> 00:01:36,240 Speaker 3: but also for some of the travel stocks that are 29 00:01:36,240 --> 00:01:36,560 Speaker 3: out there. 30 00:01:36,600 --> 00:01:38,440 Speaker 2: Read So what did we see this week on that? 31 00:01:38,959 --> 00:01:41,959 Speaker 3: Yeah, Norwegian Cruise on another kind of company in the 32 00:01:42,000 --> 00:01:45,200 Speaker 3: top ten best performers this week. It actually led all 33 00:01:45,319 --> 00:01:47,120 Speaker 3: cruise stocks higher this week, and that's kind of been 34 00:01:47,120 --> 00:01:50,960 Speaker 3: an elusive award, I guess you could say for this company. 35 00:01:51,360 --> 00:01:55,880 Speaker 3: It's still down around twenty four percent this year. But 36 00:01:56,440 --> 00:01:58,640 Speaker 3: City actually came out with some research that showed that 37 00:01:58,680 --> 00:02:03,320 Speaker 3: web traffic pricing is still strong for all the cruise companies. 38 00:02:04,160 --> 00:02:06,000 Speaker 3: And you know, we've talked about this quite a bit 39 00:02:06,000 --> 00:02:10,160 Speaker 3: that cruises are kind of the standout performer within the 40 00:02:10,639 --> 00:02:13,800 Speaker 3: travel industry at large because it is more of a 41 00:02:13,840 --> 00:02:16,519 Speaker 3: discount option. But we're starting to see it trickle down. 42 00:02:16,560 --> 00:02:19,000 Speaker 3: You know, Airbnb was the tenth BETH stock this week, 43 00:02:19,320 --> 00:02:23,280 Speaker 3: up around nine percent. Delta United both moving higher today. 44 00:02:23,480 --> 00:02:26,959 Speaker 3: So I'm it feels like maybe there is some positivity 45 00:02:27,200 --> 00:02:29,239 Speaker 3: that you know, the cruises are leading the way here. 46 00:02:29,280 --> 00:02:31,680 Speaker 3: That makes sense if they are the cheapest option. But 47 00:02:31,960 --> 00:02:34,280 Speaker 3: if demand is hitting cruises, maybe it's starting to trickle 48 00:02:34,320 --> 00:02:36,840 Speaker 3: to some of these other travel options as they get 49 00:02:36,880 --> 00:02:39,799 Speaker 3: cheaper as well. So yeah, maybe some bright spots within 50 00:02:39,800 --> 00:02:40,639 Speaker 3: the travel industry. 51 00:02:41,360 --> 00:02:44,760 Speaker 1: Hey, the folks who are shareholders of Brown Foreman might 52 00:02:44,800 --> 00:02:47,280 Speaker 1: need a Jack Daniels after a week like this. 53 00:02:48,760 --> 00:02:52,919 Speaker 3: Yeah, Brown Foreman, the ticker is bf slash B had 54 00:02:52,919 --> 00:02:56,400 Speaker 3: one of its worst trading performances since two thousand and 55 00:02:56,440 --> 00:03:00,000 Speaker 3: eight yesterday and that's left shares down sixteen percent this week, 56 00:03:00,000 --> 00:03:03,400 Speaker 3: twenty six percent for the year. You know, Brown Foreman, 57 00:03:03,600 --> 00:03:07,760 Speaker 3: all of the alcoholic bever just stocks are you know, 58 00:03:07,800 --> 00:03:09,520 Speaker 3: they're they're kind of trapped in a little bit of 59 00:03:09,520 --> 00:03:11,600 Speaker 3: a secular decline, and then we have all of these 60 00:03:12,840 --> 00:03:15,400 Speaker 3: momentary pressures coming on top of that as well. You know, 61 00:03:15,520 --> 00:03:19,399 Speaker 3: younger people, people taking weight loss drugs are all drinking less. 62 00:03:19,440 --> 00:03:22,919 Speaker 3: So that's kind of the long term declines. But now 63 00:03:22,919 --> 00:03:26,560 Speaker 3: we're also throwing in the economic uncertainty. Tariffs are especially 64 00:03:26,560 --> 00:03:29,800 Speaker 3: impactful for the liquor industry, as some companies are some 65 00:03:29,840 --> 00:03:30,880 Speaker 3: countries cut back. 66 00:03:32,720 --> 00:03:36,880 Speaker 2: The Stock Movers podcast from Bloomberg Radio. Check back with 67 00:03:36,960 --> 00:03:39,720 Speaker 2: us throughout the day for the latest roundup of companies 68 00:03:39,760 --> 00:03:42,800 Speaker 2: making news on Wall Street and for the latest market 69 00:03:42,840 --> 00:03:47,160 Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 70 00:03:47,240 --> 00:03:50,480 Speaker 2: Bloomberg dot com, and on Applecarplay and Android Auto with 71 00:03:50,560 --> 00:03:52,040 Speaker 2: the Bloomberg Business app.