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Speaker 1: Bloomberg Audio Studios podcasts, radio news, The Stock Movers podcast,

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Speaker 1: your roundup of companies making moves in the stock market,

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Speaker 1: harnessing the power of Bloomberg data. Let's take a look

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Speaker 1: at some stocks on the move today. We are joined

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Speaker 1: by Bloomberg's Critty Goup that we got to go right

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Speaker 1: to automotive stocks after the twenty five percent tariff announcement.

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Speaker 2: Critty, good morning, Good morning, Nathan. Yeah. The biggest mover

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Speaker 2: to the downside is no surprise here. It's in the

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Speaker 2: car making space. General Motors having a brutal day in

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Speaker 2: terms of volume and a drop, trading just shy forty

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Speaker 2: eight dollars a share, down a whopping seven percent this morning.

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Speaker 2: And it's not alone. You are seeing pain across the board.

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Speaker 2: I see across the world. Really name an automaker and

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Speaker 2: they are suffering in the stock market this morning. Ford

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Speaker 2: is another great example, down about three percent I think

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Speaker 2: is the number here, trading at about ten dollars a share,

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Speaker 2: but still dropping. Nathan, as we speak, we'll talk about

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Speaker 2: another here, and that is Tesla. Tsla also moving but

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Speaker 2: actually in positive territory, hired by one tenth of one percent.

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Speaker 2: I should mention in the pre market, it was down

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Speaker 2: almost three percent earlier in the session, so there is

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Speaker 2: a little bit of buying the dip and pairing those

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Speaker 2: losses as we go through. But keep in mind that

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Speaker 2: Elon Musk over the last twenty four hours has taken

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Speaker 2: to his social media platform x as well and said

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Speaker 2: that Tesla is going to get hit by those tariffs.

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Speaker 2: There are no exemptions there, but some of the analyst

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Speaker 2: community that I've spoken to has suggested that perhaps because

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Speaker 2: Tesla does have the advantage or at least has modeled

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Speaker 2: their way in terms of the way they build their cars,

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Speaker 2: where a lot of their commodities and raw materials aren't

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Speaker 2: stretched across the globe. They're very local to the factories,

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Speaker 2: perhaps that could insulate them from as much damage as

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Speaker 2: some of their other peers. So those are the three

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Speaker 2: car makers to keep in mind. But Nathan, I should

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Speaker 2: also mention in Donald Trump's kind of announcement around auto

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Speaker 2: teriff for the rest of the world, he also tends

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Speaker 2: to include pharmaceuticals. Now, he didn't give us the specifics

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Speaker 2: of when it comes to what pharmaceutical tariffs may actually

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Speaker 2: look like, but this is one that's really been quite

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Speaker 2: on the radar in Europe, and that's where I look

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Speaker 2: at Nova Nordois because about sixty percent of their revenue

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Speaker 2: come from one place, and that is the United States

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Speaker 2: of America. ENVO are the eightrs. They're trading about seventy

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Speaker 2: one dollars a share in the US pre market, down

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Speaker 2: about two percent. It's not often that we see pharmaceutical stocks,

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Speaker 2: a biotech broadly and the auto sector trade in line.

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Speaker 2: But because Donald Trump has talked about them a going

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Speaker 2: in hand in hand, you are seeing that element in

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Speaker 2: the market today. So again, ENVO for the eightrs of

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Speaker 2: Nova Nordisk, down about two percent, trading just shy of

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Speaker 2: seventy one dollars a barrel. There's a couple of others

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Speaker 2: I want to bring to your attention, Nathan, because along

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Speaker 2: inside the car makers, you're seeing a lot of pain

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Speaker 2: in the chip makers as well. Now AMD is getting

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Speaker 2: the brunt of it this morning. It is down about

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Speaker 2: three percent, trading at about one hundred and six dollars

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Speaker 2: a share. This is coming after a grade over at

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Speaker 2: Jeffreyes from a buy to a hold, analy citing limited

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Speaker 2: traction in AI among other negatives. We should also mention

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Speaker 2: it over in China. There has been a list in

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Speaker 2: the last twenty four hours. It's kind of fell during

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Speaker 2: the US trading day as well, but a list of

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Speaker 2: US the United States really blacklisting some of the exports

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Speaker 2: around chips. So just another list of names that came

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Speaker 2: out during the US session yesterday. So there is a

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Speaker 2: continuation of the sell off in the chip sector from

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Speaker 2: yesterday's trade.

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Speaker 1: Nathan the Stock Movers podcast from Bloomberg Radio. Check back

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Speaker 1: with us throughout the day for the latest roundup of

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Speaker 1: companies making news on Wall Street and for the latest

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Speaker 1: market moving headlines. Listen to Bloomberg Radio Live, catch us

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Speaker 1: Auto with the Bloomberg Business app.