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 00:00:17,760 --> 00:00:19,760 Speaker 1: Let's take a look at some stocks on the move today. 5 00:00:19,760 --> 00:00:23,360 Speaker 1: We are joined by Bloomberg's Kritty, Gupta and Kritty. It 6 00:00:23,440 --> 00:00:27,760 Speaker 1: does look like a classic turnaround Tuesday sector BI sector 7 00:00:27,840 --> 00:00:28,200 Speaker 1: as well. 8 00:00:28,240 --> 00:00:31,440 Speaker 3: Good morning, Good morning, Nathan. You have broad gains across 9 00:00:31,480 --> 00:00:34,720 Speaker 3: the board here, but perhaps not the gigantic rebound that 10 00:00:34,760 --> 00:00:37,040 Speaker 3: we were expecting. You remember, we saw declines yesterday of 11 00:00:37,080 --> 00:00:38,960 Speaker 3: somewhere between six to eight percent for some of the 12 00:00:39,000 --> 00:00:42,360 Speaker 3: most well known stocks. You were seeing moves higher, yes, 13 00:00:42,479 --> 00:00:44,479 Speaker 3: but anywhere from two to four percent, So not the 14 00:00:44,600 --> 00:00:48,400 Speaker 3: same extent of buying that we have seen match and 15 00:00:48,400 --> 00:00:51,440 Speaker 3: in previous kind of iterations of latility, we've seen it 16 00:00:51,560 --> 00:00:55,560 Speaker 3: shake out to the downside upside with bigger with bigger moves. 17 00:00:55,600 --> 00:00:57,720 Speaker 3: That being said, today is kind of the day to 18 00:00:57,720 --> 00:00:59,480 Speaker 3: look at some individual sectors. I want to start off 19 00:00:59,520 --> 00:01:02,400 Speaker 3: with some news domestic front, this time coming and affecting 20 00:01:02,440 --> 00:01:05,440 Speaker 3: some of the medicare insurers here. So CBS is getting 21 00:01:05,440 --> 00:01:08,680 Speaker 3: this massive boost this morning, eight percent. CBS is your 22 00:01:08,720 --> 00:01:10,960 Speaker 3: ticker trading at sixty nine dollars to share, United Health 23 00:01:10,959 --> 00:01:14,400 Speaker 3: as well u NH hired by about just about six percent, 24 00:01:14,480 --> 00:01:16,679 Speaker 3: five hundred and fifty five dollars to share there, and 25 00:01:17,240 --> 00:01:20,559 Speaker 3: Humana as well, hum Hire by eleven percent this morning, 26 00:01:20,720 --> 00:01:23,200 Speaker 3: two hundred and eighty three dollars a share, Nathan. This 27 00:01:23,280 --> 00:01:27,560 Speaker 3: comes after the Trump administration has increased their twenty twenty 28 00:01:27,600 --> 00:01:31,280 Speaker 3: six payments for Medicare advantage plans by more than double 29 00:01:31,360 --> 00:01:34,120 Speaker 3: than what the market was expecting, so over five percent, 30 00:01:34,120 --> 00:01:36,800 Speaker 3: which basically means the federal payments will offset with some 31 00:01:36,840 --> 00:01:39,000 Speaker 3: of the insurers have to pay out when it comes 32 00:01:39,080 --> 00:01:42,600 Speaker 3: to some of these kind of insurance plans as well. 33 00:01:42,640 --> 00:01:46,280 Speaker 3: It also removes the possibility of having to close some 34 00:01:46,360 --> 00:01:48,480 Speaker 3: of the Medicare advantage plans as well. So you are 35 00:01:48,520 --> 00:01:51,640 Speaker 3: seeing all these healthcare names I just outlined rally and 36 00:01:51,760 --> 00:01:54,360 Speaker 3: rally big on them. Another stock have got my eye 37 00:01:54,400 --> 00:01:58,279 Speaker 3: on this morning, Nathan is Broadcom. Avgo is your ticker 38 00:01:58,280 --> 00:02:00,840 Speaker 3: trading higher by about four percent, trading out about one 39 00:02:00,920 --> 00:02:03,320 Speaker 3: hundred and sixty dollars and change. This was one of 40 00:02:03,320 --> 00:02:05,280 Speaker 3: the big stocks that were hit off of the news 41 00:02:05,320 --> 00:02:08,160 Speaker 3: around Taiwan and Vietnam. China, of course, and the tariff 42 00:02:08,200 --> 00:02:11,720 Speaker 3: story there. They are now announcing a ten billion dollars 43 00:02:11,720 --> 00:02:14,239 Speaker 3: share buyback. So the shares had jumped about four percent 44 00:02:14,520 --> 00:02:17,400 Speaker 3: after hours yesterday. They're saying there's still more to go, 45 00:02:17,440 --> 00:02:19,440 Speaker 3: so you are seeing a pretty big rally in those 46 00:02:19,480 --> 00:02:23,040 Speaker 3: shares this morning as well. Nathan, I want to very 47 00:02:23,080 --> 00:02:25,320 Speaker 3: quickly get a quick check on some of the tariff 48 00:02:25,320 --> 00:02:27,480 Speaker 3: impacted stocks. Apple and Nike I think are two of 49 00:02:27,520 --> 00:02:30,080 Speaker 3: the big ones. So start with Nike here. Nke is 50 00:02:30,120 --> 00:02:32,320 Speaker 3: your ticker, hire by three point four percent this morning, 51 00:02:32,320 --> 00:02:34,360 Speaker 3: So if we're looking for a buy the dip mentality, 52 00:02:34,680 --> 00:02:36,120 Speaker 3: this is one to keep an eye on. Trading at 53 00:02:36,120 --> 00:02:39,320 Speaker 3: fifty seven dollars and change, and Apple shares higher as well. 54 00:02:39,400 --> 00:02:41,919 Speaker 3: AAPL hire by one point three percent one hundred and 55 00:02:41,919 --> 00:02:44,760 Speaker 3: eighty three dollars a share very quickly, if you'll indulge me. 56 00:02:45,000 --> 00:02:47,680 Speaker 3: She Gus put out some numbers on what these tariffs 57 00:02:47,760 --> 00:02:49,760 Speaker 3: might actually mean for how much an iPhone will cost. 58 00:02:49,840 --> 00:02:52,560 Speaker 3: I'll give them to you here. And iPhone sixteen Max 59 00:02:52,760 --> 00:02:55,480 Speaker 3: that was made in mainland China currently goes for twelve 60 00:02:55,560 --> 00:02:58,200 Speaker 3: hundred on the market. With tariffs that would go up 61 00:02:58,200 --> 00:03:00,960 Speaker 3: to fifteen fifty and iPhone sixteen pro made in India 62 00:03:01,120 --> 00:03:03,200 Speaker 3: goes for about a thousand on the market. That would 63 00:03:03,200 --> 00:03:05,000 Speaker 3: go up to twelve hundreds, So those are the kind 64 00:03:05,000 --> 00:03:08,360 Speaker 3: of numbers we're talking around around Apple. Nevertheless, keep an eye. 65 00:03:08,280 --> 00:03:08,800 Speaker 2: On these shares. 66 00:03:08,840 --> 00:03:11,839 Speaker 3: AAPL hired by one point three percent this morning. 67 00:03:12,760 --> 00:03:17,120 Speaker 2: The Stockmovers podcast from Bloomberg Radio. Check back with us 68 00:03:17,160 --> 00:03:20,079 Speaker 2: throughout the day for the latest roundup of companies making 69 00:03:20,160 --> 00:03:23,720 Speaker 2: news on Wall Street and for the latest market moving headlines. 70 00:03:23,880 --> 00:03:27,800 Speaker 2: Listen to Bloomberg Radio Live, catch us on YouTube, Bloomberg 71 00:03:27,840 --> 00:03:30,640 Speaker 2: dot com, and on Applecarplay and Android Auto with the 72 00:03:30,680 --> 00:03:32,040 Speaker 2: Bloomberg Business app.