1 00:00:02,520 --> 00:00:08,720 Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The. 2 00:00:08,720 --> 00:00:12,560 Speaker 2: Stock Movers Report, your roundup of companies making moves in 3 00:00:12,600 --> 00:00:15,880 Speaker 2: the stock market, harnessing the power of Bloomberg Data. 4 00:00:17,000 --> 00:00:19,040 Speaker 1: Let's take a look at some stocks on the move today. 5 00:00:19,079 --> 00:00:22,720 Speaker 1: I'm Nathan Hager and we're joined by Bloomberg's Daniel Curtis. 6 00:00:22,760 --> 00:00:25,040 Speaker 1: On a morning where the Mag seven is in the 7 00:00:25,120 --> 00:00:28,080 Speaker 1: driver's seat this morning, and I say driver's seat because 8 00:00:28,800 --> 00:00:31,640 Speaker 1: Tesla is going to be making some news this morning. 9 00:00:31,640 --> 00:00:34,560 Speaker 3: What's going on with Tesla? Dan, Good morning morning. Yeah, 10 00:00:34,640 --> 00:00:38,680 Speaker 3: the bulls are on autopilot this morning. The electric vehicle 11 00:00:38,760 --> 00:00:42,440 Speaker 3: maker shares are rising Wall streets expecting the third quarter 12 00:00:42,479 --> 00:00:45,080 Speaker 3: card delivery report out this morning around nine am New 13 00:00:45,120 --> 00:00:47,800 Speaker 3: York time. The estimate is for just under four hundred 14 00:00:47,840 --> 00:00:50,240 Speaker 3: and forty thousand vehicles to be delivered over the three 15 00:00:50,280 --> 00:00:52,800 Speaker 3: month period. It's a drop of five percent from the 16 00:00:52,840 --> 00:00:55,640 Speaker 3: same time last year, but that's definitely an improvement on 17 00:00:55,680 --> 00:00:58,120 Speaker 3: the thirteen percent fall that the company saw in the 18 00:00:58,160 --> 00:01:00,880 Speaker 3: first half of twenty twenty five. And overall, you know, 19 00:01:00,920 --> 00:01:02,720 Speaker 3: this is part of the MAG seven that's been a 20 00:01:02,760 --> 00:01:05,440 Speaker 3: really big theme to the rally this year, and these 21 00:01:05,480 --> 00:01:08,520 Speaker 3: shares of Tesla have staged an electrifying comeback this year. 22 00:01:08,760 --> 00:01:11,040 Speaker 3: In the spring, they are down over fifty percent from 23 00:01:11,040 --> 00:01:14,160 Speaker 3: December's high. Now they've doubled from that low and they're 24 00:01:14,160 --> 00:01:15,560 Speaker 3: back near record levels. 25 00:01:15,800 --> 00:01:17,520 Speaker 1: Yeah, and up one and a half percent in the 26 00:01:17,520 --> 00:01:20,600 Speaker 1: pre market, so the gains continue ahead of those delivery 27 00:01:20,680 --> 00:01:24,800 Speaker 1: numbers this morning. Another tech stock to keep an eye 28 00:01:24,800 --> 00:01:29,040 Speaker 1: on this morning shares of ASML traded in the US. 29 00:01:29,600 --> 00:01:32,520 Speaker 3: Yeah, so ASML both the ticker and the name of 30 00:01:32,520 --> 00:01:35,640 Speaker 3: the company. It's a European firm, and those shares in 31 00:01:35,680 --> 00:01:38,120 Speaker 3: the US are up over three percent this morning. It 32 00:01:38,200 --> 00:01:42,840 Speaker 3: makes very precise machines used to produce chips, and its 33 00:01:42,880 --> 00:01:46,280 Speaker 3: top machine can present can print over twenty five thousand 34 00:01:46,280 --> 00:01:49,080 Speaker 3: connections in the width of a hair. The ADR is 35 00:01:49,120 --> 00:01:53,080 Speaker 3: getting a big boost from the AI trade this morning. Overnight, 36 00:01:53,160 --> 00:01:56,240 Speaker 3: Open Ai announced in an agreement with Korean companies Samsung 37 00:01:56,320 --> 00:01:59,880 Speaker 3: and sk Heinez for special memory chips. The monthly or 38 00:02:00,200 --> 00:02:02,840 Speaker 3: could be as high as twice the world's current total 39 00:02:02,920 --> 00:02:06,120 Speaker 3: production of these chips. Is a sign of the massive 40 00:02:06,120 --> 00:02:09,720 Speaker 3: demand from leading artificial intelligence companies to build out infrastructure. 41 00:02:09,960 --> 00:02:12,720 Speaker 3: ASML a few other names, such as in Video, Western 42 00:02:12,720 --> 00:02:14,560 Speaker 3: Digital Riding that wave hire. 43 00:02:14,840 --> 00:02:17,920 Speaker 1: And one of the biggest gainers in the pre market 44 00:02:18,000 --> 00:02:22,640 Speaker 1: this morning, adding to its gains after its trading debut. FERBI. 45 00:02:23,639 --> 00:02:28,360 Speaker 3: Yeah, it's a new company iPod on Tuesday. It started 46 00:02:28,360 --> 00:02:32,360 Speaker 3: trading yesterday Serch fifty percent, up another twelve percent this morning. 47 00:02:32,520 --> 00:02:35,120 Speaker 3: FRMI if you haven't had a chance to check out 48 00:02:35,120 --> 00:02:38,360 Speaker 3: that ticker yet. It's a real estate company. Despite being 49 00:02:38,400 --> 00:02:41,440 Speaker 3: in real estate, it is another AI trade. It leases 50 00:02:41,560 --> 00:02:44,639 Speaker 3: over five thousand acres of land in Texas. It's looking 51 00:02:44,720 --> 00:02:47,840 Speaker 3: to draw data centers, hyperscaler tenants onto that property and 52 00:02:47,880 --> 00:02:51,160 Speaker 3: provide them with the energy necessary to run their businesses. 53 00:02:51,560 --> 00:02:54,680 Speaker 3: The company itself is interesting. It's co founded by Rick Perry. 54 00:02:54,840 --> 00:02:57,880 Speaker 3: He used to be the head of the Department of 55 00:02:57,960 --> 00:03:01,840 Speaker 3: Energy for the first Trump administration, former Texas governor, so 56 00:03:01,919 --> 00:03:04,480 Speaker 3: he's someone with a lot of experience and energy, a 57 00:03:04,480 --> 00:03:06,480 Speaker 3: lot of experience in Texas, which is where the company 58 00:03:06,560 --> 00:03:06,880 Speaker 3: is based. 59 00:03:07,960 --> 00:03:12,000 Speaker 2: This stock moovers report from Bloomberg Radio. Check back with 60 00:03:12,080 --> 00:03:14,639 Speaker 2: us throughout the day for the latest roundup of companies 61 00:03:14,720 --> 00:03:17,840 Speaker 2: making news on Wall Street and for the latest market 62 00:03:17,840 --> 00:03:22,320 Speaker 2: moving headlines. Listen to Bloomberg Radio Live. 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