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 00:00:17,640 --> 00:00:19,599 Speaker 3: Let's take a look at some stocks on the move today. 5 00:00:19,640 --> 00:00:22,680 Speaker 3: We are joined by Bloomberg's Kritty, Gupta and Critty. When 6 00:00:22,720 --> 00:00:25,639 Speaker 3: you hear that copper tariffs could be coming within weeks, 7 00:00:25,760 --> 00:00:28,920 Speaker 3: much earlier than expected, as Bloomberg News has been reporting, 8 00:00:29,160 --> 00:00:32,639 Speaker 3: it begs the question, how's Freeport mcmaran reacting? 9 00:00:32,680 --> 00:00:36,520 Speaker 1: Good morning, Good morning, Nathan. It's reacting really, really well. 10 00:00:36,560 --> 00:00:38,120 Speaker 1: But this is pretty natural. You've seen it in a 11 00:00:38,159 --> 00:00:40,680 Speaker 1: lot of the commodity players around the world, including right 12 00:00:40,680 --> 00:00:43,040 Speaker 1: here in Europe as well. But Freeport macmaran, of course 13 00:00:43,120 --> 00:00:45,360 Speaker 1: is one of the largest copper producers in the world, 14 00:00:45,400 --> 00:00:49,040 Speaker 1: so tariffs on global commodities would of course help support 15 00:00:49,120 --> 00:00:52,080 Speaker 1: that business. So FCX is your ticker this morning, and 16 00:00:52,080 --> 00:00:54,800 Speaker 1: I should mention it is the highest volume mover to 17 00:00:54,960 --> 00:00:57,200 Speaker 1: the upside that you are seeing, and of course, coming 18 00:00:57,200 --> 00:00:59,040 Speaker 1: off of that tariffront to hire by about one point 19 00:00:59,080 --> 00:01:01,640 Speaker 1: six percent. You are also seeing social media volume, by 20 00:01:01,680 --> 00:01:03,320 Speaker 1: the way, rise, which with the Bloomberg terminal does a 21 00:01:03,320 --> 00:01:06,319 Speaker 1: really great job of tracking trading just shy a forty 22 00:01:06,400 --> 00:01:09,520 Speaker 1: four dollars a share, So good news there for the 23 00:01:09,640 --> 00:01:12,880 Speaker 1: copper bowls that are invested in Freeport Macbrand. There's another 24 00:01:12,880 --> 00:01:15,520 Speaker 1: one that I should mention here though, in terms of 25 00:01:15,800 --> 00:01:18,919 Speaker 1: terraff related movers, or I should the geopolitical tension related movers, 26 00:01:19,040 --> 00:01:20,520 Speaker 1: and that's in the chip sector. I'm gonna kick it 27 00:01:20,520 --> 00:01:22,800 Speaker 1: off with Micron here because that's your other second biggest 28 00:01:23,000 --> 00:01:24,919 Speaker 1: kind of mover to the upside in the pre market. 29 00:01:25,040 --> 00:01:27,640 Speaker 1: MU is your ticker trading just shy of ninety six 30 00:01:27,760 --> 00:01:30,520 Speaker 1: dollars a share. Hire also by similar margin to the 31 00:01:30,560 --> 00:01:32,520 Speaker 1: tune about one point four percent. So those are two 32 00:01:32,520 --> 00:01:34,319 Speaker 1: stocks you want to keep an eye on from a 33 00:01:34,360 --> 00:01:38,840 Speaker 1: geopolitical tariff perspective as well. Let's switch it maybe to 34 00:01:39,120 --> 00:01:41,680 Speaker 1: a little bit more of what's going on stateside if 35 00:01:41,720 --> 00:01:44,080 Speaker 1: I can, and ferus in on two names that I 36 00:01:44,080 --> 00:01:45,880 Speaker 1: think the retail crowd really loves to hear about, and 37 00:01:45,920 --> 00:01:48,200 Speaker 1: that is Dollar Tree and Game Stop. I'll kick it 38 00:01:48,200 --> 00:01:49,720 Speaker 1: off a Dollar Tree because there's some m and a 39 00:01:49,800 --> 00:01:53,080 Speaker 1: news worth keeping an eye on this morning. DLTR is 40 00:01:53,120 --> 00:01:55,840 Speaker 1: your ticker hire by about six and a half percent, 41 00:01:55,960 --> 00:01:59,280 Speaker 1: trading just shy of seventy two dollars a share. Now 42 00:01:59,280 --> 00:02:02,320 Speaker 1: they've reached agree to sell its family dollar business for 43 00:02:02,440 --> 00:02:05,880 Speaker 1: more than ten than one billion dollars to private equity 44 00:02:05,880 --> 00:02:09,880 Speaker 1: firms Brigade Capital Management and Massilum Capital Management as well. 45 00:02:09,880 --> 00:02:12,959 Speaker 1: They also reported some fourth quarter earnings as well, which 46 00:02:13,040 --> 00:02:15,040 Speaker 1: came in a little bit higher than expected, So a 47 00:02:15,080 --> 00:02:18,760 Speaker 1: double whammy there when it comes to what's driving Dollar 48 00:02:18,840 --> 00:02:20,720 Speaker 1: Tree shares, I promised you a little bit of game 49 00:02:20,720 --> 00:02:24,480 Speaker 1: stop as well. Nathan shares are on a roll this morning. 50 00:02:24,560 --> 00:02:28,000 Speaker 1: GME is your ticker, and there's a couple of factors 51 00:02:28,240 --> 00:02:30,240 Speaker 1: of why this is happening. We should remember again a 52 00:02:30,240 --> 00:02:31,800 Speaker 1: lot of this has to do with some of that 53 00:02:31,880 --> 00:02:36,000 Speaker 1: retail optimism. Shares higher by about thirteen percent this morning, 54 00:02:36,639 --> 00:02:40,239 Speaker 1: trading in about twenty eight dollars a share, and change. 55 00:02:40,280 --> 00:02:43,600 Speaker 1: It comes after the video game retailer's board approved a 56 00:02:43,600 --> 00:02:47,040 Speaker 1: plan to add bitcoin as a treasury reserve asset. This 57 00:02:47,120 --> 00:02:49,720 Speaker 1: is very similar to the line we heard from Truth 58 00:02:49,760 --> 00:02:52,480 Speaker 1: Media and Technologies firm yesterday, and they were also partnering 59 00:02:52,520 --> 00:02:54,480 Speaker 1: in the crypto space and the ETF space. So DJT 60 00:02:54,560 --> 00:02:57,480 Speaker 1: had moved in yesterday's session. Looks like GameStop following a 61 00:02:57,520 --> 00:03:00,120 Speaker 1: similar market move as well. It wasn't a surprise announcem, 62 00:03:00,560 --> 00:03:02,399 Speaker 1: but it was these subjects of speculation, so it looks 63 00:03:02,400 --> 00:03:05,160 Speaker 1: like GameStop shares now actively moving on that. They also 64 00:03:05,160 --> 00:03:08,000 Speaker 1: had fourth quarter earnings that came in on the positive side, 65 00:03:08,000 --> 00:03:10,440 Speaker 1: some real growth on a year over year basis, so 66 00:03:10,560 --> 00:03:13,760 Speaker 1: GM hire by about thirteen percent. And then, Nathan, we've 67 00:03:13,800 --> 00:03:16,040 Speaker 1: got to hit our favorites, and Vidia and Tesla they're 68 00:03:16,080 --> 00:03:17,680 Speaker 1: the one will ten to move the most in the 69 00:03:17,720 --> 00:03:19,720 Speaker 1: tech space. They're also your worst performers in the pre 70 00:03:19,800 --> 00:03:21,560 Speaker 1: market this morning, at least from the S and P 71 00:03:21,680 --> 00:03:25,120 Speaker 1: five hundred the biggest tech companies, Tsla down about one 72 00:03:25,200 --> 00:03:28,440 Speaker 1: percent and video shares down by about the same margin 73 00:03:28,520 --> 00:03:32,040 Speaker 1: as well. And Nvidia has also released some poor China 74 00:03:32,120 --> 00:03:34,440 Speaker 1: sales data as well, so that might certainly be bleeding 75 00:03:34,639 --> 00:03:37,520 Speaker 1: into their fundamentals. Tesla, on the other hand, maybe pairing 76 00:03:37,600 --> 00:03:39,240 Speaker 1: back some of the games we've seen in the last 77 00:03:39,280 --> 00:03:42,080 Speaker 1: couple of sessions. Tsla trading at about two hundred and 78 00:03:42,080 --> 00:03:45,800 Speaker 1: eighty five dollars and change and Nvidia NVDA trading at 79 00:03:45,800 --> 00:03:48,040 Speaker 1: about one hundred and nineteen dollars and change. 80 00:03:48,120 --> 00:03:53,560 Speaker 2: Nathan, the stock Movers podcast from Bloomberg Radio. Check back 81 00:03:53,600 --> 00:03:56,560 Speaker 2: with us throughout today for the latest roundup of companies 82 00:03:56,600 --> 00:03:59,640 Speaker 2: making news on Wall Street and for the latest market 83 00:03:59,640 --> 00:04:04,040 Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 84 00:04:04,080 --> 00:04:07,320 Speaker 2: Bloomberg dot com, and on Applecarplay and Android Auto with 85 00:04:07,400 --> 00:04:08,840 Speaker 2: the Bloomberg Business app.