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 00:00:16,520 --> 00:00:18,200 Speaker 3: Time to take a look at some of the stocks 5 00:00:18,200 --> 00:00:20,479 Speaker 3: that are on the move today, and we're joined by 6 00:00:20,480 --> 00:00:24,880 Speaker 3: Bloomberg market supporter Valerie Titel. Before we get to your 7 00:00:24,960 --> 00:00:27,920 Speaker 3: New York's resolutions, let's look at one of the most 8 00:00:28,040 --> 00:00:32,120 Speaker 3: actively traded stocks, always there near the top shares of 9 00:00:32,479 --> 00:00:35,640 Speaker 3: in Video, and we've got news on what they expect 10 00:00:35,640 --> 00:00:37,320 Speaker 3: in terms of deliveries. 11 00:00:39,080 --> 00:00:42,600 Speaker 1: Look, we are seeing shares of Tesla rebound this morning. 12 00:00:43,080 --> 00:00:45,559 Speaker 1: They're up just shy of one percent, which I know 13 00:00:45,600 --> 00:00:47,440 Speaker 1: doesn't sound like a heck of a lot of movement, 14 00:00:47,520 --> 00:00:51,199 Speaker 1: but yesterday it's slid nearly three point three percent on 15 00:00:51,360 --> 00:00:54,040 Speaker 1: essentially not a lot of new news. We had a 16 00:00:54,040 --> 00:00:58,080 Speaker 1: lot of weakness in tech names yesterday. Tesla seemed to 17 00:00:58,120 --> 00:00:59,800 Speaker 1: take a big of a brunt of it. Yes their 18 00:01:00,120 --> 00:01:04,360 Speaker 1: some news out on deliveries which did come in slightly 19 00:01:04,480 --> 00:01:07,680 Speaker 1: underwhelming versus Bloomberg expectations, but a lot of that data 20 00:01:07,920 --> 00:01:10,160 Speaker 1: we had already known about for the month of December, 21 00:01:10,240 --> 00:01:12,000 Speaker 1: So it just seems like at the end of December, 22 00:01:12,480 --> 00:01:15,480 Speaker 1: not proving very kind to megacap text, but Tesla is 23 00:01:15,560 --> 00:01:19,120 Speaker 1: leading the slight rebound this morning. Nvidia and some of 24 00:01:19,120 --> 00:01:22,479 Speaker 1: the other names whoever, are still trading flat pre market. 25 00:01:22,480 --> 00:01:25,680 Speaker 1: We do have the FED minutes today, ADP weekly jobless numbers, 26 00:01:25,720 --> 00:01:29,160 Speaker 1: tomorrow jobless claims for some final catalysts to heading into 27 00:01:29,240 --> 00:01:31,880 Speaker 1: your end to see if we can lift the Nasdaq 28 00:01:32,319 --> 00:01:36,759 Speaker 1: to maybe some fun Santa rally levels to end the year, 29 00:01:37,080 --> 00:01:37,559 Speaker 1: and a bit. 30 00:01:37,480 --> 00:01:40,560 Speaker 3: Of a rebound today for some of the mining stocks. 31 00:01:41,040 --> 00:01:43,760 Speaker 3: Core that's like the only one I can think of 32 00:01:43,800 --> 00:01:44,480 Speaker 3: at this point. 33 00:01:44,720 --> 00:01:49,840 Speaker 1: But the miners, it's all second derivative to what's actually 34 00:01:49,920 --> 00:01:52,680 Speaker 1: happening in the commodity space. We are seeing gold and 35 00:01:52,760 --> 00:01:55,960 Speaker 1: silver rebound today, so the miners are rebounding with it. 36 00:01:56,000 --> 00:01:59,880 Speaker 1: One of them is Newmont that's the world's largest gold miner, 37 00:02:00,120 --> 00:02:02,720 Speaker 1: is listed in the S and P five hundred. Yesterday 38 00:02:02,840 --> 00:02:06,360 Speaker 1: was the worst decliner on a percentage basis in the 39 00:02:06,400 --> 00:02:09,440 Speaker 1: S and P five hundred index. Today it's rising one 40 00:02:09,480 --> 00:02:12,720 Speaker 1: point seven percent on the back of gold recovering. We're 41 00:02:12,720 --> 00:02:16,600 Speaker 1: also seeing some of the silver producers recover. Core miners 42 00:02:16,639 --> 00:02:20,000 Speaker 1: that you just mentioned Heckla Mining, the biggest US silver producer, 43 00:02:20,480 --> 00:02:23,320 Speaker 1: is up just shy of three percent, and that's after 44 00:02:23,400 --> 00:02:27,840 Speaker 1: falling around five percent yesterday. So these miners following the 45 00:02:27,880 --> 00:02:31,160 Speaker 1: commod's story. They're also doing well in Europe and could 46 00:02:31,240 --> 00:02:35,160 Speaker 1: tempt another record close today for the broad eurostock six hundred. 47 00:02:35,240 --> 00:02:38,720 Speaker 1: So miners doing well globally off the back of basic 48 00:02:38,760 --> 00:02:41,600 Speaker 1: resources recovering from yesterday's silver route. 49 00:02:41,880 --> 00:02:44,239 Speaker 3: We do have an acquisition to tell you about, and 50 00:02:45,040 --> 00:02:47,799 Speaker 3: Meta is making this acquisition. What's this all about? 51 00:02:48,840 --> 00:02:51,400 Speaker 1: The interesting acquisition from Meta? Now I have to note 52 00:02:51,440 --> 00:02:54,120 Speaker 1: it's not having much reaction on the share price, but 53 00:02:54,160 --> 00:02:57,240 Speaker 1: that's kind of interesting in itself. We have seen these 54 00:02:57,280 --> 00:03:03,960 Speaker 1: recent AI acquisitions really lead to more excitement about stocks 55 00:03:04,160 --> 00:03:06,640 Speaker 1: this year. It seems like maybe perhaps the market is 56 00:03:06,639 --> 00:03:08,960 Speaker 1: now starting to doubt whether this spending is worth it. 57 00:03:09,040 --> 00:03:13,200 Speaker 1: But Meta has announced it will acquire a startup called 58 00:03:13,400 --> 00:03:17,680 Speaker 1: Manus for two billion dollars in a bet on AI agents. 59 00:03:17,720 --> 00:03:20,480 Speaker 1: We're seeing shares of Meta just down two tenths of 60 00:03:20,480 --> 00:03:23,400 Speaker 1: one percent. They are underperforming the mag seven So again, 61 00:03:23,680 --> 00:03:28,160 Speaker 1: maybe this is just another signal that the market wants 62 00:03:28,440 --> 00:03:32,320 Speaker 1: in some way these tech companies start justifying this gargantuan 63 00:03:32,360 --> 00:03:34,960 Speaker 1: Ai spending. But the really interesting thing about this John 64 00:03:35,520 --> 00:03:39,440 Speaker 1: is that Manus is essentially a Chinese tech company. It 65 00:03:39,480 --> 00:03:42,520 Speaker 1: was hailed as the next Deep Seek. It's really interesting 66 00:03:42,520 --> 00:03:46,080 Speaker 1: to see a US tech company acquire a company with 67 00:03:46,240 --> 00:03:49,280 Speaker 1: Chinese roots and whether that becomes a flashpoint in US 68 00:03:49,400 --> 00:03:50,200 Speaker 1: China relations. 69 00:03:51,440 --> 00:03:55,480 Speaker 2: The Stock Movers report from Bloomberg Radio. Check back with 70 00:03:55,560 --> 00:03:58,119 Speaker 2: us throughout the day for the latest roundup of companies 71 00:03:58,200 --> 00:04:02,200 Speaker 2: making news on Wall Street. For the latest market moving headlines. 72 00:04:02,400 --> 00:04:06,400 Speaker 2: Listen to Bloomberg Radio Live. Catch us on YouTube, Bloomberg 73 00:04:06,480 --> 00:04:09,520 Speaker 2: dot com, and on Applecarplay and Android Auto with the 74 00:04:09,560 --> 00:04:10,920 Speaker 2: Bloomberg Business app.