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 --> 00:00:13,520 Speaker 1: your roundup of companies making moves in the stock market, 3 00:00:13,680 --> 00:00:16,239 Speaker 1: harnessing the power of Bloomberg Data. 4 00:00:16,400 --> 00:00:19,640 Speaker 2: Now joining us with the Stockmovers. It's a podcast. He's 5 00:00:19,640 --> 00:00:21,840 Speaker 2: not Lisa Mattel, but we'll do it because there are 6 00:00:21,960 --> 00:00:24,360 Speaker 2: stock movers today. Here's John Tucker. 7 00:00:24,640 --> 00:00:26,279 Speaker 3: You know what, I'm going to start with home Depot 8 00:00:26,360 --> 00:00:30,960 Speaker 3: Evercore Isi adding home Depot to the firm's tactical outperformed list. 9 00:00:31,480 --> 00:00:34,040 Speaker 3: This comes ahead of the company's first quarter earnings. We're 10 00:00:34,080 --> 00:00:37,080 Speaker 3: going to get those tomorrow. The stock was down two 11 00:00:37,080 --> 00:00:40,720 Speaker 3: percent year to date. Again, look for them to detail 12 00:00:40,920 --> 00:00:45,240 Speaker 3: the tariff impact with the call tomorrow. Mentions of tariff's 13 00:00:45,440 --> 00:00:48,920 Speaker 3: on corporate earnings, by the way, they are a decade 14 00:00:49,120 --> 00:00:52,120 Speaker 3: highs This according to a new fact set analysis of 15 00:00:52,280 --> 00:00:55,160 Speaker 3: S ANDV five hundred companies over the past couple of months. 16 00:00:55,160 --> 00:00:59,120 Speaker 3: Similar mentions of uncertainty at their highest level since twenty 17 00:00:59,200 --> 00:00:59,560 Speaker 3: Twe so. 18 00:00:59,640 --> 00:01:02,160 Speaker 2: Much leading with this. This is what stock movers is about. 19 00:01:02,280 --> 00:01:04,560 Speaker 2: Let me open it up for a debate. There was 20 00:01:04,680 --> 00:01:08,000 Speaker 2: charts this weekend about the pullback in tariffs. Is the 21 00:01:08,040 --> 00:01:13,319 Speaker 2: market anticipating another president Trump pullback in tariffs. 22 00:01:13,360 --> 00:01:15,600 Speaker 1: Well, I don't know. All I know is tariffs as 23 00:01:15,600 --> 00:01:18,520 Speaker 1: they sit today are way about or we started the year, 24 00:01:18,600 --> 00:01:19,720 Speaker 1: so that's got to hit. 25 00:01:20,480 --> 00:01:24,640 Speaker 2: It's got Maybe they haven't been in a home depot ever, 26 00:01:25,040 --> 00:01:26,720 Speaker 2: what would it be like at a home. 27 00:01:26,520 --> 00:01:31,360 Speaker 3: Depot they have things like wood and nam and hammers. 28 00:01:32,360 --> 00:01:37,800 Speaker 3: You'd be fascinated. Uh In Nvidia reports results next Wednesday. 29 00:01:38,160 --> 00:01:41,839 Speaker 3: Ahead of that, the CEO Jensen Wan kicking off Computex 30 00:01:41,920 --> 00:01:45,480 Speaker 3: in Taiwan. This is Asia's biggest electronics for him now. 31 00:01:45,560 --> 00:01:49,960 Speaker 3: Among other things, he's outlining plans let customers deploy competitors 32 00:01:50,120 --> 00:01:54,360 Speaker 3: chips in data centers that are built around its technology. 33 00:01:54,720 --> 00:01:57,360 Speaker 3: So this is pretty much an acknowledgment at this point 34 00:01:57,440 --> 00:02:00,640 Speaker 3: of the growth of the in house semiconductor development by 35 00:02:00,760 --> 00:02:04,080 Speaker 3: some of their major customers like Microsoft for instance. In Amazon, 36 00:02:04,720 --> 00:02:09,600 Speaker 3: the key announcement was a new Envy Link fusion system, 37 00:02:10,120 --> 00:02:12,960 Speaker 3: so anyway, it allows the building a more customized artificial 38 00:02:13,040 --> 00:02:17,200 Speaker 3: intelligence infrastructure. It combines in Vidio's high speed links with 39 00:02:17,280 --> 00:02:22,000 Speaker 3: semiconductors from other providers. This is happening for the first time. 40 00:02:22,600 --> 00:02:26,040 Speaker 3: And I'll wrap up with Walmart. I mean they are reported, 41 00:02:26,080 --> 00:02:30,360 Speaker 3: but the journal Today says they're preparing for sweeping changes 42 00:02:30,760 --> 00:02:34,440 Speaker 3: in the way that their customers shop. They're thinking about 43 00:02:34,440 --> 00:02:39,040 Speaker 3: how to make their stuff appealing to artificial intelligence bots. 44 00:02:39,520 --> 00:02:41,920 Speaker 3: As Walmart sees it, at some point in the future, 45 00:02:42,320 --> 00:02:45,400 Speaker 3: shoppers are going to deploy an agent like open ais 46 00:02:45,480 --> 00:02:49,000 Speaker 3: operator and tell if they want to restock growsers who 47 00:02:49,240 --> 00:02:54,200 Speaker 3: buy a new flat screen TV retailers and Walmart recognizes 48 00:02:54,280 --> 00:02:58,840 Speaker 3: us early on, they risk losing controlled the direct customer relationship, 49 00:02:59,240 --> 00:03:03,280 Speaker 3: get the checkout process moves from their own website to 50 00:03:03,360 --> 00:03:06,720 Speaker 3: that of a third party agent like operators. 51 00:03:06,720 --> 00:03:07,359 Speaker 1: Would you buy that? 52 00:03:07,520 --> 00:03:10,480 Speaker 2: Like? It's like Mark Kerrman's got the Apple the Apple 53 00:03:10,560 --> 00:03:13,480 Speaker 2: story on Today, or omg AI is going to kill him? 54 00:03:13,720 --> 00:03:17,080 Speaker 2: AI is going to preclude Lisa Matale from picking up 55 00:03:17,080 --> 00:03:17,720 Speaker 2: a hot dog. 56 00:03:18,360 --> 00:03:21,480 Speaker 3: AI does my shopping for me. More power to it. 57 00:03:22,960 --> 00:03:27,000 Speaker 1: This Stock Movers report from Bloomberg Radio. Check back with 58 00:03:27,080 --> 00:03:29,639 Speaker 1: us throughout the day for the latest roundup of companies 59 00:03:29,720 --> 00:03:32,799 Speaker 1: making news on Wall Street and for the latest market 60 00:03:32,840 --> 00:03:37,280 Speaker 1: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 61 00:03:37,400 --> 00:03:40,920 Speaker 1: Bloomberg dot com, and on Applecarplay and Android Auto with 62 00:03:40,960 --> 00:03:42,440 Speaker 1: the Bloomberg Business app.