1 00:00:02,520 --> 00:00:09,960 Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The Stock Movers Report, 2 00:00:10,280 --> 00:00:13,360 Speaker 1: your roundup of companies making moves in the stock market, 3 00:00:13,680 --> 00:00:17,080 Speaker 1: harnessing the power of Bloomberg Data. Let's take a look 4 00:00:17,079 --> 00:00:19,239 Speaker 1: at some of the stocks that are on the move today. 5 00:00:19,400 --> 00:00:20,880 Speaker 2: Pop swinging alongside Lise Mittel, and. 6 00:00:20,840 --> 00:00:23,440 Speaker 1: We're joined by Bloombergs, the Nizza, so, COVIDNITZA. 7 00:00:23,440 --> 00:00:25,079 Speaker 2: What are you looking at this morning. Let's take a 8 00:00:25,160 --> 00:00:28,360 Speaker 2: quick look at cryptomners. All those companies have been doing 9 00:00:28,480 --> 00:00:30,560 Speaker 2: very well this year, and we see a little bit 10 00:00:30,560 --> 00:00:33,400 Speaker 2: of the coupling, even as obviously a lot of the 11 00:00:33,440 --> 00:00:36,960 Speaker 2: cryptocurrency are feeling the market. Jitters, a lot of those 12 00:00:37,000 --> 00:00:39,880 Speaker 2: miners are doing quite well. I'm looking at Mara today, 13 00:00:40,120 --> 00:00:44,040 Speaker 2: is up more than six percent the ticker ISA area. 14 00:00:44,400 --> 00:00:47,159 Speaker 2: There are a few others that are doing exceptionally well. 15 00:00:47,159 --> 00:00:51,839 Speaker 2: If you look at Cipher and Iron Ltd. Those companies 16 00:00:51,840 --> 00:00:56,560 Speaker 2: are up three hundred and five hundred percent respectively. It's 17 00:00:56,600 --> 00:01:00,840 Speaker 2: an interesting trend how it feels like the companies are 18 00:01:00,840 --> 00:01:04,119 Speaker 2: getting separate from the coins, and though those are starting 19 00:01:04,160 --> 00:01:07,080 Speaker 2: to get valued for their large scale computing firms and 20 00:01:07,080 --> 00:01:10,440 Speaker 2: they're starting to look more as a technology infrastructure company, 21 00:01:10,640 --> 00:01:14,080 Speaker 2: and investors are really favoring that there is one ETF 22 00:01:14,080 --> 00:01:18,559 Speaker 2: that's actually attracting the listed mining firms. It has sorted 23 00:01:18,760 --> 00:01:23,240 Speaker 2: one hundred and fifty percent year today, even as cryptocurrencies 24 00:01:23,360 --> 00:01:27,640 Speaker 2: are being seen more volatility, especially now as gambling spirits 25 00:01:27,760 --> 00:01:30,880 Speaker 2: are going down. So that's the one interesting space. That's 26 00:01:30,959 --> 00:01:34,040 Speaker 2: a lot of those companies are seeing big boosts starting 27 00:01:34,080 --> 00:01:37,520 Speaker 2: this week. And then we look in at we're also 28 00:01:37,520 --> 00:01:41,080 Speaker 2: talking about Lulu, right, that's Lulu Lemon. Yeah, lul Lemon 29 00:01:41,200 --> 00:01:44,400 Speaker 2: is having a great day. Shares gain about four percent 30 00:01:44,440 --> 00:01:48,560 Speaker 2: on Monday. It's coming off a BMP analyst raising their 31 00:01:48,600 --> 00:01:53,720 Speaker 2: accommodation toral from neutral to underperformed. The new price sackets 32 00:01:53,960 --> 00:01:56,480 Speaker 2: is one hundred and forty six doors. The ticker is 33 00:01:56,880 --> 00:02:01,240 Speaker 2: u LU, of course, but that's that's been under so 34 00:02:01,440 --> 00:02:04,120 Speaker 2: much pressure this year. Just looking at the ear today chart, 35 00:02:04,760 --> 00:02:09,760 Speaker 2: they're down fifty four percent this year. Sales growth hasn't 36 00:02:09,760 --> 00:02:13,359 Speaker 2: been what people were expecting. Comparable sales roles one percent 37 00:02:13,480 --> 00:02:17,840 Speaker 2: last quarter, short of what analysts we're expecting. It's much 38 00:02:17,880 --> 00:02:19,920 Speaker 2: lower than what the company is sow in twenty two, 39 00:02:20,000 --> 00:02:23,160 Speaker 2: twenty twenty three. There has been a lot of competition 40 00:02:23,240 --> 00:02:27,440 Speaker 2: in that space, and even Lulu Lemon their CEO acknowledged 41 00:02:27,480 --> 00:02:30,960 Speaker 2: that the brand has become too predictable. On the other end, 42 00:02:31,000 --> 00:02:34,519 Speaker 2: BNP is actually seeing optimism there, but part of it 43 00:02:34,600 --> 00:02:37,400 Speaker 2: is that the company has just priced in too many 44 00:02:37,440 --> 00:02:39,840 Speaker 2: bad news, has just been a really bad stretch. And 45 00:02:39,880 --> 00:02:43,280 Speaker 2: they also see some potential. They have this partnership with 46 00:02:43,440 --> 00:02:47,360 Speaker 2: Amex Platinum, so potentially that could boost. But we've seen 47 00:02:47,400 --> 00:02:51,079 Speaker 2: a lot of pessimism from analysts this year, including HSBC 48 00:02:51,240 --> 00:02:56,680 Speaker 2: calling selling the companies a downward spiro. So good boost today, 49 00:02:57,120 --> 00:03:00,240 Speaker 2: but long wave from scoring anygainst this year. 50 00:03:02,760 --> 00:03:04,960 Speaker 1: And then one more what else you got first, Anita. 51 00:03:05,040 --> 00:03:07,520 Speaker 2: Then we have the Rare Earth minerals that has been 52 00:03:07,600 --> 00:03:11,480 Speaker 2: one of the go to sectors where investors have really 53 00:03:11,560 --> 00:03:14,680 Speaker 2: big gains, and we're seeing that analysts are really getting 54 00:03:14,680 --> 00:03:18,119 Speaker 2: interested in that space. We're looking at William Blair. They 55 00:03:18,200 --> 00:03:22,840 Speaker 2: initiated coverage in quite a few companies, all of them outperform. 56 00:03:23,360 --> 00:03:27,800 Speaker 2: One we look at today is us Rare Earth. The ticker, 57 00:03:27,840 --> 00:03:32,480 Speaker 2: of course is USAR shares. We're up in pre market trading. 58 00:03:32,600 --> 00:03:36,920 Speaker 2: We're seeing a drop now, but perhaps obviously those stocks 59 00:03:36,920 --> 00:03:39,920 Speaker 2: have been on a crazy rally for quite a long time, 60 00:03:40,000 --> 00:03:41,960 Speaker 2: and there are a lot of it. It's coming as 61 00:03:42,040 --> 00:03:46,160 Speaker 2: part of trade attention, so obviously they move very fast. 62 00:03:47,000 --> 00:03:50,280 Speaker 2: That said, William Blair is seeing that US rare earth 63 00:03:50,960 --> 00:03:53,600 Speaker 2: is getting a sizeable investment from the US government. Is 64 00:03:53,640 --> 00:03:56,400 Speaker 2: seeing a lot of optimism there. Another company they're very 65 00:03:56,640 --> 00:04:01,160 Speaker 2: enthusiastic about this American Resources Corporation. They see the company 66 00:04:01,200 --> 00:04:06,000 Speaker 2: getting additional US government brending. So all those critical minerals 67 00:04:06,000 --> 00:04:09,920 Speaker 2: have been obviously a key part of recentations between Washington 68 00:04:10,840 --> 00:04:15,160 Speaker 2: and China, and analysts are seeing that those geopolitical tensions 69 00:04:15,280 --> 00:04:19,960 Speaker 2: are leading to obviously decreed dependency on rare earth from China, 70 00:04:20,080 --> 00:04:21,919 Speaker 2: and some other companies are benefiting from this. 71 00:04:23,279 --> 00:04:27,320 Speaker 1: The Stock Movers Report from Bloomberg Radio. 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