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 00:00:17,720 --> 00:00:19,800 Speaker 1: Let's take a look at some stocks on the move today. 5 00:00:19,840 --> 00:00:23,080 Speaker 1: I'm Nathan Hager and we are joined by Bloomberg's Kritty Gupta. 6 00:00:23,200 --> 00:00:26,320 Speaker 1: And the question this Monday morning, Critty, is what stocks 7 00:00:26,480 --> 00:00:30,800 Speaker 1: aren't moving after the ninety day agreement between the US 8 00:00:30,840 --> 00:00:31,200 Speaker 1: and China. 9 00:00:31,240 --> 00:00:33,920 Speaker 3: Good morning, Good morning, Nathan. You know, there's really just 10 00:00:33,920 --> 00:00:37,080 Speaker 3: two buckets that you can put the stocks in this morning. 11 00:00:37,159 --> 00:00:41,760 Speaker 3: It's are they reacting positively to this de escalation from 12 00:00:41,760 --> 00:00:44,880 Speaker 3: the United States in China? Or are they responding negatively 13 00:00:45,360 --> 00:00:48,760 Speaker 3: to Trump's potential executive orders coming down the pike when 14 00:00:48,760 --> 00:00:50,640 Speaker 3: it comes to the pharmaceutical space. So I'm going to 15 00:00:50,640 --> 00:00:52,519 Speaker 3: be a little bit of a negative nelly here and 16 00:00:52,640 --> 00:00:56,240 Speaker 3: start with the downside movers if I can, because that's 17 00:00:56,240 --> 00:00:59,320 Speaker 3: where you're seeing most of the pain and this broadly 18 00:00:59,720 --> 00:01:02,360 Speaker 3: risk on kind of market. So I'll start with the 19 00:01:02,400 --> 00:01:04,720 Speaker 3: bottom up here. ABV is taking a bit of a 20 00:01:04,800 --> 00:01:08,760 Speaker 3: hit this morning, down about four percent. ABBV is your ticker. 21 00:01:08,840 --> 00:01:11,440 Speaker 3: It's joined on the downside by the likes of Eli 22 00:01:11,480 --> 00:01:15,440 Speaker 3: Lilly and Gilliad Sciences. LLLY is your ticker for Eli 23 00:01:15,440 --> 00:01:17,920 Speaker 3: Lilly down about three point eight percent, trading at seven 24 00:01:17,959 --> 00:01:21,160 Speaker 3: hundred and six dollars a share, and Gilliad Sciences down 25 00:01:21,200 --> 00:01:24,440 Speaker 3: about the same margin, trading an just shy of ninety 26 00:01:24,480 --> 00:01:26,679 Speaker 3: three dollars a share. So you can really see, if 27 00:01:26,720 --> 00:01:29,440 Speaker 3: you're a pharmaceutical company right now operating in the States, 28 00:01:29,680 --> 00:01:32,560 Speaker 3: you are not doing well. The only kind of company 29 00:01:32,600 --> 00:01:34,840 Speaker 3: that's put in the red, I would say by the 30 00:01:34,880 --> 00:01:38,360 Speaker 3: same margin is Numont, and that's a gold mining company. 31 00:01:38,360 --> 00:01:41,160 Speaker 3: ANYM down about six percent this morning, really just following 32 00:01:41,160 --> 00:01:44,560 Speaker 3: the macro move that you are seeing in the broader 33 00:01:44,640 --> 00:01:48,040 Speaker 3: space as a again function of the risk on narrative 34 00:01:48,200 --> 00:01:50,760 Speaker 3: we're seeing elsewhere. But Nathan enough with the doom and 35 00:01:50,760 --> 00:01:53,600 Speaker 3: gloom will start at these rallies here, because if you 36 00:01:53,640 --> 00:01:56,400 Speaker 3: are a China exposed company and you've been taking a 37 00:01:56,480 --> 00:01:59,480 Speaker 3: beating lately, you are not only in the green, you 38 00:01:59,520 --> 00:02:01,880 Speaker 3: are in the green times ten and let me let 39 00:02:01,880 --> 00:02:04,160 Speaker 3: me walk you through some examples here. I'm going to 40 00:02:04,240 --> 00:02:06,960 Speaker 3: start off with. Let's start with the macro the copper story, 41 00:02:07,000 --> 00:02:10,640 Speaker 3: free pre port Macmaran getting a big boost again in 42 00:02:10,720 --> 00:02:13,200 Speaker 3: line with the copper move that you're seeing. FCX hire 43 00:02:13,240 --> 00:02:16,960 Speaker 3: by about six percent this morning. But then, Nathan, you've 44 00:02:17,000 --> 00:02:20,280 Speaker 3: got the likes of the semiconductor companies. All the chip 45 00:02:20,320 --> 00:02:22,840 Speaker 3: makers here are in the green, especially the ones that 46 00:02:22,880 --> 00:02:25,880 Speaker 3: do have exposure over in China or even in Taiwan, 47 00:02:25,919 --> 00:02:29,239 Speaker 3: which is basically all of them. So Texas Instruments is 48 00:02:29,240 --> 00:02:32,360 Speaker 3: a great example. TXN is your ticker, hire by about 49 00:02:32,400 --> 00:02:35,360 Speaker 3: six percent. There's six percent moves across the board. Like 50 00:02:35,400 --> 00:02:38,919 Speaker 3: a look at Broadcom Avgo hire by the same number, 51 00:02:38,960 --> 00:02:41,520 Speaker 3: trading at two hundred and twenty one dollars a share. 52 00:02:41,800 --> 00:02:45,600 Speaker 3: Qualcomm as well, hire by seven percent. Qcom one hundred 53 00:02:45,639 --> 00:02:48,320 Speaker 3: and fifty five dollars a share there, which is very 54 00:02:48,360 --> 00:02:50,000 Speaker 3: much a part of the Apple supply chain. So let's 55 00:02:50,000 --> 00:02:52,240 Speaker 3: get to the meat of the Apple story here, because Apple, 56 00:02:52,560 --> 00:02:54,480 Speaker 3: of course, we do know, has a lot of exposure 57 00:02:54,480 --> 00:02:56,880 Speaker 3: to China, has been taking a beating on every tariff 58 00:02:56,919 --> 00:02:59,959 Speaker 3: headline there is. There also looks to be some reporting 59 00:03:00,080 --> 00:03:02,160 Speaker 3: coming out of the Wall Street Journal this morning that 60 00:03:02,200 --> 00:03:05,600 Speaker 3: they are weighing raising iPhone prices in terms of their 61 00:03:05,680 --> 00:03:07,880 Speaker 3: fall launch. So that's going to be something to keep 62 00:03:07,880 --> 00:03:09,800 Speaker 3: an eye on, but Nathan, that is not causing a 63 00:03:09,880 --> 00:03:13,160 Speaker 3: dent in the Apple rally. This morning, AAPL hire by 64 00:03:13,200 --> 00:03:16,000 Speaker 3: six point seven percent, trading at two hundred and twelve 65 00:03:16,080 --> 00:03:19,480 Speaker 3: dollars a share in the pre market. It's not alone. 66 00:03:19,520 --> 00:03:22,320 Speaker 3: I'm looking at a Dell, for example, or Tesla or 67 00:03:22,360 --> 00:03:25,480 Speaker 3: even Amazon again, all of which have supply chains going 68 00:03:25,520 --> 00:03:29,800 Speaker 3: into China. Dell DLL this kind of hardware company, hire 69 00:03:29,800 --> 00:03:32,120 Speaker 3: by seven point six percent, trading at one hundred and 70 00:03:32,160 --> 00:03:35,119 Speaker 3: three dollars a share. Tesla's up there, hire by seven 71 00:03:35,160 --> 00:03:38,720 Speaker 3: point eight percent three twenty one on that stock, and Amazon, 72 00:03:38,960 --> 00:03:40,800 Speaker 3: which I think is the biggest mover to the upside 73 00:03:40,800 --> 00:03:43,320 Speaker 3: this morning the pre market hire by eight point two 74 00:03:43,400 --> 00:03:45,600 Speaker 3: percent two hundred and eight dollars a share for AMC, 75 00:03:45,720 --> 00:03:48,040 Speaker 3: and I should just mention, though it's been clarified, I 76 00:03:48,040 --> 00:03:51,200 Speaker 3: believe by a US official that the deminimous Rule exemptions 77 00:03:51,600 --> 00:03:53,920 Speaker 3: don't apply in this new kind of tariff environment. So 78 00:03:53,960 --> 00:03:55,680 Speaker 3: if you're looking for that kind of rethrough in to 79 00:03:55,800 --> 00:03:58,840 Speaker 3: some of the shippers, you're not seeing that. This Morning. 80 00:04:00,360 --> 00:04:04,440 Speaker 2: Movers podcast from Bloomberg Radio. Check back with us throughout 81 00:04:04,480 --> 00:04:07,400 Speaker 2: the day for the latest roundup of companies making news 82 00:04:07,440 --> 00:04:10,680 Speaker 2: on Wall Street and for the latest market moving headlines. 83 00:04:10,800 --> 00:04:14,760 Speaker 2: Listen to Bloomberg Radio Live. Catch us on YouTube, Bloomberg 84 00:04:14,800 --> 00:04:17,599 Speaker 2: dot com, and on Applecarplay and Android Auto with the 85 00:04:17,640 --> 00:04:19,000 Speaker 2: Bloomberg Business app.