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 00:00:17,239 --> 00:00:19,200 Speaker 3: Let's take a look at some stocks that are on 5 00:00:19,400 --> 00:00:22,880 Speaker 3: the move today. Joining us now is Bloomberg News Cross 6 00:00:22,880 --> 00:00:28,440 Speaker 3: Asset reporter Emily Griffel in our Bloomberg Interactive Brokers studio Emily. 7 00:00:29,600 --> 00:00:30,840 Speaker 3: Is Tesla on your radar? 8 00:00:31,560 --> 00:00:35,120 Speaker 4: It is okay, good at least for Tesla's earnings right now, 9 00:00:35,200 --> 00:00:37,720 Speaker 4: though it seems like a lot of the negative news 10 00:00:37,800 --> 00:00:40,400 Speaker 4: was priced in because you look at the headlines. First 11 00:00:40,479 --> 00:00:45,280 Speaker 4: quarter justin EPs, revenue missed estimates. They backed away from 12 00:00:45,360 --> 00:00:48,840 Speaker 4: a forecast for sales growth for next year. They said 13 00:00:48,840 --> 00:00:52,320 Speaker 4: it's difficult to measure the impacts of this shifting global 14 00:00:52,360 --> 00:00:55,520 Speaker 4: trade policy and automotive and energy supply chains, even when 15 00:00:55,560 --> 00:00:57,440 Speaker 4: they have Elon Musk at the helm, who you think 16 00:00:57,480 --> 00:00:59,360 Speaker 4: would know a little bit about what's going on, but 17 00:01:00,080 --> 00:01:04,040 Speaker 4: I guess not. And yet the stock is higher right now, 18 00:01:04,080 --> 00:01:06,679 Speaker 4: not up by much in the after hours. It's up 19 00:01:06,760 --> 00:01:10,920 Speaker 4: zero point three percent right now. But still it seems like, 20 00:01:10,959 --> 00:01:14,760 Speaker 4: at least according to what Dave Maza, CEO Roundhill Financial 21 00:01:14,840 --> 00:01:16,800 Speaker 4: had to say a lot of the negatives seems to 22 00:01:16,840 --> 00:01:19,319 Speaker 4: be priced in if the numbers were that bad and 23 00:01:19,360 --> 00:01:23,240 Speaker 4: the stock isn't tanking. He told that to Bloomberg News today. 24 00:01:23,319 --> 00:01:26,360 Speaker 1: It's little change, like it's really remarkable. In the aftermath, I. 25 00:01:26,280 --> 00:01:28,240 Speaker 3: Was I felt the same way when I saw these numbers. 26 00:01:28,880 --> 00:01:30,280 Speaker 3: I was like, this is a huge miss and the 27 00:01:30,319 --> 00:01:32,480 Speaker 3: stock is barely moving. Like, look, we'll wait for the call. 28 00:01:32,480 --> 00:01:35,600 Speaker 3: We're doing this before the call, as ros Gerber reminded us. 29 00:01:36,080 --> 00:01:39,920 Speaker 3: But yeah, he said, check tomorrow, we'll see what happens exactly. 30 00:01:40,000 --> 00:01:42,840 Speaker 4: It's still one of the worst performers year to date 31 00:01:43,240 --> 00:01:44,480 Speaker 4: in the S and P and the S and P 32 00:01:44,560 --> 00:01:46,640 Speaker 4: five hundred down about forty percent. 33 00:01:46,760 --> 00:01:50,240 Speaker 1: Yeah, it's pretty ugly. Hey, let's talk about I think 34 00:01:50,440 --> 00:01:51,320 Speaker 1: more earnings. 35 00:01:51,560 --> 00:01:56,400 Speaker 4: Yes, so Equal Facts closed up fourteen percent. It was 36 00:01:56,440 --> 00:01:57,840 Speaker 4: the best day in four years. 37 00:01:58,000 --> 00:02:00,400 Speaker 1: This is one of your gainers, Carol, the number one 38 00:02:00,400 --> 00:02:02,360 Speaker 1: gainer I think in the S and P five hundred today. 39 00:02:02,480 --> 00:02:06,160 Speaker 4: Yeah, loved it. They talked profit estimates, They maintained their 40 00:02:06,560 --> 00:02:11,440 Speaker 4: outlook so their credit reporting agency. I guess this means 41 00:02:11,560 --> 00:02:15,240 Speaker 4: that consumer's credit is looking good. 42 00:02:16,120 --> 00:02:19,400 Speaker 3: Maybe we did speak. We did speak last week to 43 00:02:20,440 --> 00:02:23,880 Speaker 3: he's in charge of the credit rating at the three company, 44 00:02:24,040 --> 00:02:27,960 Speaker 3: like these three companies, so it's Equifax, trans Silvio Tavares, 45 00:02:28,000 --> 00:02:32,560 Speaker 3: thank you, Equifax, TransUnion, h and another one. And it 46 00:02:32,680 --> 00:02:34,680 Speaker 3: was kind of cautiously he was, but he was exactly 47 00:02:34,680 --> 00:02:36,600 Speaker 3: That's what I was gonna say. He was cautiously optimistic. 48 00:02:36,600 --> 00:02:38,880 Speaker 3: He was like, the consumers actually in a pretty good place. 49 00:02:38,880 --> 00:02:40,600 Speaker 3: And he compared it with eight and he said, we're 50 00:02:40,639 --> 00:02:42,239 Speaker 3: in a much better place than we were back in 51 00:02:42,280 --> 00:02:42,919 Speaker 3: two thousand and eight. 52 00:02:42,960 --> 00:02:45,120 Speaker 4: Yeah, I mean, at least for the company. They still 53 00:02:45,240 --> 00:02:48,960 Speaker 4: Equifax still said that the tariff induced uncertainty in the 54 00:02:49,000 --> 00:02:53,320 Speaker 4: economy and falling consumer confidence is one of the reasons 55 00:02:53,360 --> 00:02:56,240 Speaker 4: why they didn't raise their guidance. So they can't, you know, 56 00:02:56,280 --> 00:02:59,320 Speaker 4: completely shy away from North Brummen. Not a great day, 57 00:02:59,400 --> 00:03:02,360 Speaker 4: biggest draw, biggest injured day drop since two thousand and eight. 58 00:03:02,520 --> 00:03:04,440 Speaker 4: It was down fifteen percent. It paired a little bit 59 00:03:04,440 --> 00:03:07,880 Speaker 4: of those losses, but they said per share profit decline 60 00:03:07,919 --> 00:03:10,800 Speaker 4: by forty seven percent in the first quarter, primarily due 61 00:03:10,840 --> 00:03:17,840 Speaker 4: to loss provisions tied to their B twenty one bomber bomber. Yeah, 62 00:03:18,120 --> 00:03:21,119 Speaker 4: so this caught my eye, not just because the stock drop, 63 00:03:21,160 --> 00:03:23,400 Speaker 4: but also because a lot of defense companies have been 64 00:03:23,400 --> 00:03:28,960 Speaker 4: doing really well post the election. It's still like flat 65 00:03:29,000 --> 00:03:31,600 Speaker 4: for the year, but it was previously up thirteen percent 66 00:03:31,680 --> 00:03:33,600 Speaker 4: year to date. It was really outperforming the market, and 67 00:03:33,639 --> 00:03:36,520 Speaker 4: then this profit decline kind of hit the stock. 68 00:03:36,560 --> 00:03:38,160 Speaker 3: Today twenty one Bomber is going to set you back 69 00:03:38,200 --> 00:03:39,240 Speaker 3: around seven hundred mil. 70 00:03:39,440 --> 00:03:39,760 Speaker 2: Carol. 71 00:03:39,840 --> 00:03:41,080 Speaker 3: In case you're interested, I. 72 00:03:41,040 --> 00:03:44,800 Speaker 1: Want to put him in the driveway, just kidding. 73 00:03:46,560 --> 00:03:50,680 Speaker 2: The Stock Movers podcast from Bloomberg Radio. Check back with 74 00:03:50,760 --> 00:03:53,560 Speaker 2: us throughout the day for the latest roundup of companies 75 00:03:53,560 --> 00:03:56,640 Speaker 2: making news on Wall Street and for the latest market 76 00:03:56,680 --> 00:04:01,040 Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 77 00:04:01,080 --> 00:04:04,320 Speaker 2: Bloomberg dot com, and on Applecarplay and Android Auto with 78 00:04:04,400 --> 00:04:05,800 Speaker 2: the Bloomberg Business app.