1 00:00:02,560 --> 00:00:08,840 Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The. 2 00:00:08,920 --> 00:00:13,200 Speaker 2: Stock Movers podcast, your roundup of companies making moves in 3 00:00:13,240 --> 00:00:17,200 Speaker 2: the stock market, harnessing the power of Bloomberg data. 4 00:00:17,800 --> 00:00:19,639 Speaker 1: Let's take a look at some stocks on the move today. 5 00:00:19,680 --> 00:00:23,000 Speaker 1: We are joined by Bloomberg's Kritty Gupta. The morning after 6 00:00:23,160 --> 00:00:25,959 Speaker 1: a weekend that marked the end of an era in 7 00:00:26,320 --> 00:00:31,400 Speaker 1: Omahakritty talk to us about Berkshire Hathaway. Good morning, Good. 8 00:00:31,160 --> 00:00:34,080 Speaker 3: Morning, Nathan. Yeah, the oracle of Omaha stepping down after 9 00:00:34,360 --> 00:00:37,120 Speaker 3: sixty years at the helm of one of the world's 10 00:00:37,280 --> 00:00:41,640 Speaker 3: largest companies, and investors are not happy. Totally natural, I 11 00:00:41,640 --> 00:00:43,600 Speaker 3: would imagine, but you are seeing that reflected in the 12 00:00:43,600 --> 00:00:46,120 Speaker 3: shares this morning. Berkshire Hathaway. We always look at the 13 00:00:46,159 --> 00:00:49,760 Speaker 3: B class share, so BRK slash B is your ticker, 14 00:00:49,800 --> 00:00:51,720 Speaker 3: A little bit of a wonky one there, down about 15 00:00:51,720 --> 00:00:54,279 Speaker 3: two percent this morning, trading out a five hundred and 16 00:00:54,360 --> 00:00:57,880 Speaker 3: twenty nine dollars a share, so you are seeing, of course, 17 00:00:58,360 --> 00:01:02,320 Speaker 3: some broader drops there. The successor to Warren Buffett, although 18 00:01:02,440 --> 00:01:05,800 Speaker 3: surprising to even him until his name was announced, will 19 00:01:05,800 --> 00:01:08,400 Speaker 3: be Greg Abel, someone who is very experienced in the 20 00:01:08,480 --> 00:01:11,480 Speaker 3: energy space and the insurance space, as well, look at 21 00:01:11,520 --> 00:01:15,480 Speaker 3: the analyst commentary from across the board. They're likely talking 22 00:01:15,560 --> 00:01:19,000 Speaker 3: about a transitional year. Those are the words of cfr 23 00:01:19,080 --> 00:01:21,720 Speaker 3: A Research. So you see a couple of hold ratings 24 00:01:21,760 --> 00:01:23,959 Speaker 3: on the stock this morning, just given that it is 25 00:01:24,040 --> 00:01:25,959 Speaker 3: still unclear of whether or not there would begins to 26 00:01:26,000 --> 00:01:29,240 Speaker 3: be some sort of transitional change or vision change in 27 00:01:29,360 --> 00:01:32,959 Speaker 3: terms of that, So any potential changes around how the 28 00:01:33,000 --> 00:01:35,039 Speaker 3: company is managed is a little bit of a question 29 00:01:35,080 --> 00:01:37,680 Speaker 3: mark right now. Nevertheless, that's the commentary coming out from 30 00:01:37,720 --> 00:01:40,840 Speaker 3: the analyst community this morning. Shares down about two percent 31 00:01:41,120 --> 00:01:44,480 Speaker 3: for Berkshire Hathaway. Nathan's not the only one taking a 32 00:01:44,520 --> 00:01:47,160 Speaker 3: little bit of a hit this morning. Netflix is also 33 00:01:47,400 --> 00:01:50,680 Speaker 3: down and down big. This comes after Donald Trump, in 34 00:01:50,720 --> 00:01:53,960 Speaker 3: the wee hours of the night talked about issuing a 35 00:01:54,040 --> 00:01:57,720 Speaker 3: one hundred percent levee on foreign films. Now, this is 36 00:01:57,720 --> 00:02:00,000 Speaker 3: a really big deal because of course this affects Hollywood. 37 00:02:00,280 --> 00:02:02,720 Speaker 3: He cited the likes of John Voight, among other actors 38 00:02:02,920 --> 00:02:05,880 Speaker 3: who had appealed to him talking about the decline of 39 00:02:06,320 --> 00:02:09,400 Speaker 3: basically made in California films. And for anyone who's been 40 00:02:09,400 --> 00:02:12,680 Speaker 3: following the kind of story around Hollywood, they're still dealing 41 00:02:12,680 --> 00:02:15,960 Speaker 3: with COVID. They're still dealing with constrained production timelines. They 42 00:02:15,960 --> 00:02:18,320 Speaker 3: have the writers strike, then of course the fires in 43 00:02:18,360 --> 00:02:21,360 Speaker 3: California as well, so Hollywood has had a tough time. 44 00:02:21,800 --> 00:02:25,079 Speaker 3: But a lot of their movies make more abroad than 45 00:02:25,160 --> 00:02:27,560 Speaker 3: at home, So the idea of a one hundred percent levy, 46 00:02:27,560 --> 00:02:31,040 Speaker 3: if met by reciprocal tariffs from other parts of the world, 47 00:02:31,280 --> 00:02:34,079 Speaker 3: could really take a beating. Netflix of course, really taking 48 00:02:34,080 --> 00:02:37,800 Speaker 3: that to Heart's and FLX down about five percent this morning. 49 00:02:37,840 --> 00:02:40,560 Speaker 3: They have a lot of international exposure, so keep an 50 00:02:40,600 --> 00:02:44,400 Speaker 3: eye on that. One. One thousand ninety eight is where 51 00:02:44,440 --> 00:02:47,000 Speaker 3: the stock is trading right now. Disney shares also down 52 00:02:47,040 --> 00:02:50,720 Speaker 3: by about two point three percent. DS is your ticker 53 00:02:50,800 --> 00:02:53,480 Speaker 3: trading just shy of well, just over I should say 54 00:02:53,520 --> 00:02:56,959 Speaker 3: ninety bucks stock, And then we should look at Comcasts 55 00:02:56,960 --> 00:02:59,360 Speaker 3: as well, also quite a bit of international exposure, really 56 00:02:59,400 --> 00:03:01,959 Speaker 3: working on their streaming platform. Not as much of a 57 00:03:02,040 --> 00:03:04,639 Speaker 3: hit as their peers, but certainly down on sentiment, down 58 00:03:04,639 --> 00:03:06,880 Speaker 3: about eight tenths of one percent, trading at thirty four 59 00:03:06,919 --> 00:03:11,880 Speaker 3: dollars and change. CMCSA is your ticker there, Nathan. I'm 60 00:03:11,880 --> 00:03:13,840 Speaker 3: gonna end with a quick check on Nvidia as well, 61 00:03:13,880 --> 00:03:17,320 Speaker 3: because alongside some of the other headlines around the world. 62 00:03:17,600 --> 00:03:19,600 Speaker 3: There's a lot of focus on the Taiwanese dollar. And 63 00:03:19,639 --> 00:03:21,800 Speaker 3: I'm not going to nerd out about this too much 64 00:03:22,040 --> 00:03:24,200 Speaker 3: just yet. You'm saving it for later. But what you 65 00:03:24,280 --> 00:03:27,200 Speaker 3: need to know is Nvidia has a lot of taiwan 66 00:03:27,320 --> 00:03:30,280 Speaker 3: exposure naturally, so this is something that effects change. Is 67 00:03:30,280 --> 00:03:32,200 Speaker 3: going to affect the stock down about one point four 68 00:03:32,240 --> 00:03:34,480 Speaker 3: percent one hundred and twelve dollars a share. 69 00:03:34,840 --> 00:03:41,080 Speaker 2: NBDA the Stock Movers podcast from Bloomberg Radio. Check back 70 00:03:41,080 --> 00:03:43,520 Speaker 2: with us throughout the day for the latest roundup of 71 00:03:43,560 --> 00:03:46,720 Speaker 2: companies making news on Wall Street and for the latest 72 00:03:46,800 --> 00:03:50,960 Speaker 2: market moving headlines. Listen to Bloomberg Radio Live, catch us 73 00:03:50,960 --> 00:03:54,320 Speaker 2: on YouTube, Bloomberg dot com, and on Applecarplay and Android 74 00:03:54,360 --> 00:03:56,360 Speaker 2: Auto with the Bloomberg Business app.