Speaker 1: Bloomberg Audio Studios, podcasts, radio News, The.
Speaker 2: Stock Movers Report, your roundup of companies making moves in
Speaker 2: the stock market, harnessing the power of Bloomberg Data.
Speaker 1: I'm Carol Masser along with Tim Stenevic. Let's get to
Speaker 1: some stocks on the move. For that, we're joined by
Speaker 1: Bloomberg News Equities reporter and deputy team leader for US
Speaker 1: Equities Carmen Rhinikey. We're just going to steal one little
Speaker 1: spotlight because we've been watching in Vidia in the aftermarket
Speaker 1: stock just a hair lower, But we did have a
Speaker 1: headline that we thought was kind of interesting for the
Speaker 1: Bloomberg audience, and that is the US is mulling capping
Speaker 1: Nvidia h two hundred sales and seventy five thousand per
Speaker 1: Chinese buyer, and so I think that is a little
Speaker 1: bit less than what this is what I guess Nvidia
Speaker 1: can export to any one Chinese company capping.
Speaker 3: At seventy five thousand per buyer.
Speaker 2: They sell a lot of.
Speaker 1: Chips, they do. Yeah, and this is the number of
Speaker 1: AI accelerators at Nvidia can export to anyone Chinese company,
Speaker 1: which would further constrain and Video's entry re entry into
Speaker 1: what is a very important market for them, So keeping
Speaker 1: it on that one, Yeah, we're keeping an eye on that,
Speaker 1: But take it away. You've got some names that you've
Speaker 1: been watching.
Speaker 3: On in video as well. Though it's interesting to see
Speaker 3: it really not that much lower because they've definitely had
Speaker 3: trouble on the are their Chinese buyers side, So I'll
Speaker 3: definitely be watching that as that continues. But what I'm
Speaker 3: watching also in after hours is Mango dB. So this
Speaker 3: is ticker MDB. Shares are down twenty four percent right now.
Speaker 3: So this is a software name. It's already gotten pretty
Speaker 3: beaten up this year in the broader software sell off.
Speaker 3: But they had earnings tonight that included a full year
Speaker 3: revenue forecast that was weaker than expected and an outlook
Speaker 3: for adjusted first quarter earnings that also fell below what
Speaker 3: Wall Street expected. So just yeah, not a great quarter
Speaker 3: for Mango dB. And again just under this umbrella of
Speaker 3: overall software weakness that is already really really affected.
Speaker 1: Two already this year, so it's going to be quite
Speaker 1: a haircut if that continues into tomorrow's trade.
Speaker 3: We're next, Yeah, so let's go to defense stocks. The
Speaker 3: first one I wanted to look at is Palenteering, So
Speaker 3: this is actually how it moved today, So it ended
Speaker 3: up the day five point eight percent higher. It's a
Speaker 3: ticker PLTR. This was its best day in over a month,
Speaker 3: and it's definitely getting some shine from investors over the
Speaker 3: tensions in the Middle East. So obviously this is an
Speaker 3: important defense stock. It's been very beaten up as well.
Speaker 3: It's down still about thirty percent from its all time high.
Speaker 3: The other thing that's interesting here is that like Wall
Speaker 3: Street is kind of buying back in. So not only
Speaker 3: is the average price target out of the highest that
Speaker 3: we've seen, the number of buy ratings is actually the
Speaker 3: highest that we've seen on Pollenteer. It's it's twenty right
Speaker 3: now according to Bloomberg Data. So that was when I
Speaker 3: specifically wanted to.
Speaker 1: Point out forty percent of revenue comes from the US government. Yeah,
Speaker 1: pretty interesting, it's a lot.
Speaker 3: What else, Yeah, So sticking with the defence stocks and
Speaker 3: wanted to look at North of Grimman, so this is NOC.
Speaker 3: Shares were up six percent today. This closed out a
Speaker 3: record high and it was the best performer on this
Speaker 3: in P five hundred. Also getting a lift here because
Speaker 3: of tensions in the Middle East. We've seen defense stocks
Speaker 3: do really well over the last year, so just getting
Speaker 3: another bump today. I mean this was also a long
Speaker 3: you know, Lockheed Martin, RTX, you know, Kratos, Aero Vironment,
Speaker 3: so a really broad you know, swaths of.
Speaker 1: Stocks really been a sector on fire, no pun intended,
Speaker 1: certainly last year, but it continues into twenty twenty six.
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