Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The.
Speaker 2: Stock Movers podcast, your roundup of companies making moves in
Speaker 2: the stock market, harnessing the power of Bloomberg data.
Speaker 1: Let's take a look at some stocks on the move today.
Speaker 1: We are joined by Bloomberg's Kritty, Gupta and Kritty. It
Speaker 1: does look like a classic turnaround Tuesday sector BI sector
Speaker 1: as well.
Speaker 3: Good morning, Good morning, Nathan. You have broad gains across
Speaker 3: the board here, but perhaps not the gigantic rebound that
Speaker 3: we were expecting. You remember, we saw declines yesterday of
Speaker 3: somewhere between six to eight percent for some of the
Speaker 3: most well known stocks. You were seeing moves higher, yes,
Speaker 3: but anywhere from two to four percent, So not the
Speaker 3: same extent of buying that we have seen match and
Speaker 3: in previous kind of iterations of latility, we've seen it
Speaker 3: shake out to the downside upside with bigger with bigger moves.
Speaker 3: That being said, today is kind of the day to
Speaker 3: look at some individual sectors. I want to start off
Speaker 3: with some news domestic front, this time coming and affecting
Speaker 3: some of the medicare insurers here. So CBS is getting
Speaker 3: this massive boost this morning, eight percent. CBS is your
Speaker 3: ticker trading at sixty nine dollars to share, United Health
Speaker 3: as well u NH hired by about just about six percent,
Speaker 3: five hundred and fifty five dollars to share there, and
Speaker 3: Humana as well, hum Hire by eleven percent this morning,
Speaker 3: two hundred and eighty three dollars a share, Nathan. This
Speaker 3: comes after the Trump administration has increased their twenty twenty
Speaker 3: six payments for Medicare advantage plans by more than double
Speaker 3: than what the market was expecting, so over five percent,
Speaker 3: which basically means the federal payments will offset with some
Speaker 3: of the insurers have to pay out when it comes
Speaker 3: to some of these kind of insurance plans as well.
Speaker 3: It also removes the possibility of having to close some
Speaker 3: of the Medicare advantage plans as well. So you are
Speaker 3: seeing all these healthcare names I just outlined rally and
Speaker 3: rally big on them. Another stock have got my eye
Speaker 3: on this morning, Nathan is Broadcom. Avgo is your ticker
Speaker 3: trading higher by about four percent, trading out about one
Speaker 3: hundred and sixty dollars and change. This was one of
Speaker 3: the big stocks that were hit off of the news
Speaker 3: around Taiwan and Vietnam. China, of course, and the tariff
Speaker 3: story there. They are now announcing a ten billion dollars
Speaker 3: share buyback. So the shares had jumped about four percent
Speaker 3: after hours yesterday. They're saying there's still more to go,
Speaker 3: so you are seeing a pretty big rally in those
Speaker 3: shares this morning as well. Nathan, I want to very
Speaker 3: quickly get a quick check on some of the tariff
Speaker 3: impacted stocks. Apple and Nike I think are two of
Speaker 3: the big ones. So start with Nike here. Nke is
Speaker 3: your ticker, hire by three point four percent this morning,
Speaker 3: So if we're looking for a buy the dip mentality,
Speaker 3: this is one to keep an eye on. Trading at
Speaker 3: fifty seven dollars and change, and Apple shares higher as well.
Speaker 3: AAPL hire by one point three percent one hundred and
Speaker 3: eighty three dollars a share very quickly, if you'll indulge me.
Speaker 3: She Gus put out some numbers on what these tariffs
Speaker 3: might actually mean for how much an iPhone will cost.
Speaker 3: I'll give them to you here. And iPhone sixteen Max
Speaker 3: that was made in mainland China currently goes for twelve
Speaker 3: hundred on the market. With tariffs that would go up
Speaker 3: to fifteen fifty and iPhone sixteen pro made in India
Speaker 3: goes for about a thousand on the market. That would
Speaker 3: go up to twelve hundreds, So those are the kind
Speaker 3: of numbers we're talking around around Apple. Nevertheless, keep an eye.
Speaker 2: On these shares.
Speaker 3: AAPL hired by one point three percent this morning.
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