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Speaker 1: Bloomberg Audio Studios, podcasts, radio news.

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Speaker 2: The Stock Movers report, your roundup of companies making moves

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Speaker 2: in the stock market, harnessing the power of Bloomberg data.

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Speaker 1: Let's take a look at some stocks on the move today.

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Speaker 1: I'm Nathan Hager, joined by Bloomberg's Kritty Gupta on this

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Speaker 1: Friday morning, with a lot of stocks getting rewarded for

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Speaker 1: the beaten rays, Pritty, but with so much going on

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Speaker 1: in geopolitics this morning, I see you've got your eye

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Speaker 1: on defense stocks this morning.

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Speaker 3: Good morning, Good morning, Nathan.

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Speaker 4: Yeah, the defense stocks momentum kind of being run to

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Speaker 4: question this morning, especially when so much of it is

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Speaker 4: being funded by contracts with other nations. Remember, this is

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Speaker 4: a key pillar of some of the trade negotiations that

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Speaker 4: Donald Trump is inking with the likes of India, Japan, Indonesia,

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Speaker 4: the EU, you name it. Defense is a part of it,

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Speaker 4: at least it seems on the forefront. We are now

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Speaker 4: getting some reporting by our colleagues and other media suggesting

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Speaker 4: that India is reconsidering some of those defense purchases. So Reuters,

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Speaker 4: for example, reporting that India is putting plans to buy

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Speaker 4: new US weapons on hold, that specifically targets General Dynamics, Raytheon,

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Speaker 4: and Lockheed Martin. So, Nathan, that's exactly where I want

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Speaker 4: to go check in terms of the stock move because

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Speaker 4: it is ultimately a summer Friday when it comes to

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Speaker 4: these defense stories. And I think this is important given

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Speaker 4: that one of the underperformers in the European session is

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Speaker 4: again the defense stock. So maybe this is an area

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Speaker 4: to look up, look out for in terms of the

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Speaker 4: catchup trade in the US session. Lockheed Martin LMT is

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Speaker 4: your ticker this morning, trading at four hundred and thirty

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Speaker 4: one dollars a share. It is only higher by one

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Speaker 4: tenth of one percent, but very light volume. This is

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Speaker 4: a stock you want to watch going into the US open,

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Speaker 4: a similar one over our General Dynamics. No trades in

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Speaker 4: the stock just yet, but again keep your eye out

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Speaker 4: on it as we start to see more of that

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Speaker 4: reporting come through.

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Speaker 3: GD is your ticker.

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Speaker 4: It was down about seven tens of one percent in

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Speaker 4: yesterday's session, now closing out about three hundred and twelve

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Speaker 4: dollars a share. Raytheon is the other one, or I

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Speaker 4: should say now RTX renamed is another one to keep

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Speaker 4: an eye on. Hire by three tenths of one percent

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Speaker 4: one hundred and fifty six dollars a share on that

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Speaker 4: defense company. A quick mention of Boeing as well, though

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Speaker 4: they have less of a defense business, they are very

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Speaker 4: much touching some of that sentiment.

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Speaker 3: BA is your ticker inching closer.

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Speaker 4: Down to about one tenth of one percent, but on

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Speaker 4: intra day chart you're already seeing some movement in that stock.

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Speaker 3: I always talk about the positivity though.

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Speaker 4: Nathan Monster Energy, Monster Beverage, I should say, is the

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Speaker 4: stock to watch this morning. It is your biggest volume

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Speaker 4: mover in the pre market. MNST is your ticker, hire

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Speaker 4: about eight point two percent, trading just shy of sixty

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Speaker 4: six dollars a share. Their results getting a beat across

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Speaker 4: the board and really getting rewarded for it this morning,

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Speaker 4: not only on their revenue front, their sales front, but

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Speaker 4: overall their earnings and profit front as well, beating all

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Speaker 4: analysts expectations and touting some strong global momentum in July.

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Speaker 4: That is what analysts are really pointing out this morning.

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Speaker 4: It's also getting them a series of upgrades across Wall Street.

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Speaker 4: So Piper Sandler's really leading the charge on this, raising

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Speaker 4: the stock to an overweight from neutral, a price target

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Speaker 4: of seventy four dollars a share from its previous target

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Speaker 4: of about fifty four.

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Speaker 3: And like I said, the stock is training around sixty

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Speaker 3: six right now, so quite a.

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Speaker 4: Bit of upside a city as well getting in on

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Speaker 4: that to getting their raise. A price trier raised up

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Speaker 4: from seventy dollars a share to seventy four. So Wall

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Speaker 4: Street pretty positive on Monster beverage this morning. Let's talk

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Speaker 4: about another big impressive earning number, and that's Gilliad Sciences.

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Speaker 4: Gild is your ticker this morning. You're trading about one

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Speaker 4: hundred and thirteen dollars a share, hired by about three

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Speaker 4: point four percent.

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Speaker 3: They lifted their full year outlook.

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Speaker 4: It looks like they're HIV drug sales in the second

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Speaker 4: quarter are bolstering some of that revenue, meeting beating expectation.

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Speaker 4: But I wouldn't say this is a massive beat to expectations,

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Speaker 4: but enough to reward the stock this morning.

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Speaker 3: Nathan Gild for Gilliad Sciences.

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Speaker 2: This stock mover's report from Bloomberg Radio. Check back with

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