1 00:00:02,520 --> 00:00:10,520 Speaker 1: Bloomberg Audio Studios, podcasts, radio news, the Stock Movers podcast. 2 00:00:12,080 --> 00:00:14,840 Speaker 1: This is your roundup of companies making news on Wall 3 00:00:14,840 --> 00:00:19,320 Speaker 1: Street and beyond, harnessing the power of Bloomberg data. 4 00:00:19,440 --> 00:00:20,599 Speaker 2: All right, let's take a look at some of the 5 00:00:20,600 --> 00:00:22,480 Speaker 2: stocks in the move today. We're joined by Bloomberg's bay 6 00:00:22,480 --> 00:00:25,439 Speaker 2: E Lipschutz, Bloomberg News senior equities reporter. All right, Billy, 7 00:00:25,440 --> 00:00:26,000 Speaker 2: what are you looking at? 8 00:00:26,160 --> 00:00:30,479 Speaker 3: Start with BYD, the car manufacturer that Lisa mentioned, rallying 9 00:00:30,560 --> 00:00:33,600 Speaker 3: up eighty rs right now trading hire, I call it 10 00:00:33,600 --> 00:00:37,559 Speaker 3: four point nine percent. They trade under ticker BYDDY. This 11 00:00:37,640 --> 00:00:41,720 Speaker 3: company reported revenue for twenty twenty four one hundred billion dollars, 12 00:00:41,880 --> 00:00:44,440 Speaker 3: more than one hundred billion dollars, leap frogging Elon Musk's 13 00:00:44,479 --> 00:00:47,120 Speaker 3: Tesla ink and guys, a lot of people say, oh, BYD. 14 00:00:47,200 --> 00:00:49,280 Speaker 3: They're in the EV space. They have the five minute 15 00:00:49,360 --> 00:00:51,960 Speaker 3: charge that can take you a couple hundred kilometers. They 16 00:00:52,000 --> 00:00:53,960 Speaker 3: also make hybrids and when you look at their total 17 00:00:53,960 --> 00:00:57,360 Speaker 3: deliveries for last year, four point two seven million cars, 18 00:00:57,400 --> 00:01:00,040 Speaker 3: almost matching that a Ford motor. So this is a 19 00:01:00,040 --> 00:01:03,320 Speaker 3: adr up essentially one hundred percent on the last twelve 20 00:01:03,320 --> 00:01:05,960 Speaker 3: months and really adding to those gains and again pretty 21 00:01:05,959 --> 00:01:06,800 Speaker 3: breathaking numbers. 22 00:01:07,200 --> 00:01:11,560 Speaker 4: Speaking of hybrids, I bought a hybrid this weekend. Ooh, yes, 23 00:01:12,120 --> 00:01:14,479 Speaker 4: it's for my son who does most of his driving 24 00:01:14,520 --> 00:01:18,080 Speaker 4: out in California where gasoline is really expensive. So he 25 00:01:18,240 --> 00:01:21,520 Speaker 4: pitched me and he convinced me to do the hybrid thing. 26 00:01:21,800 --> 00:01:24,240 Speaker 4: And the technology is really cool. I didn't even really 27 00:01:24,280 --> 00:01:26,759 Speaker 4: know about it, but you get like forty five miles 28 00:01:26,760 --> 00:01:30,520 Speaker 4: to the gallon because you're for most of the driving 29 00:01:30,880 --> 00:01:35,200 Speaker 4: using the electric and then certain conditions it switches over 30 00:01:35,280 --> 00:01:39,360 Speaker 4: to eternal combustion. But for a lot of the driving, 31 00:01:39,360 --> 00:01:40,440 Speaker 4: you're not using the gas. 32 00:01:40,640 --> 00:01:43,400 Speaker 3: And my mom, who family lives in California, she's had 33 00:01:43,400 --> 00:01:45,120 Speaker 3: a Prius for a few years at this point, is 34 00:01:45,160 --> 00:01:47,520 Speaker 3: the same thing, sitting in there watching it charge the 35 00:01:47,520 --> 00:01:50,240 Speaker 3: battery when you're idling instead of wasting gas, and then 36 00:01:50,280 --> 00:01:52,120 Speaker 3: you utilize the motor. It's pretty cool. 37 00:01:52,200 --> 00:01:56,240 Speaker 2: Yeah, hybrid hybrid. Wow, Okay, that just totally stucked me. 38 00:01:56,280 --> 00:01:58,240 Speaker 2: I love how you kept that for them real time baction. 39 00:01:58,520 --> 00:01:59,360 Speaker 2: Why Billy would all do? 40 00:01:59,400 --> 00:02:02,760 Speaker 3: Looking at we're watching the Divide as it is for 41 00:02:02,920 --> 00:02:06,640 Speaker 3: Lockheed Martin and Boeing. This coming after Boeing was awarded 42 00:02:06,680 --> 00:02:11,400 Speaker 3: the next generation the next generation US stealth fighter jet 43 00:02:11,480 --> 00:02:14,119 Speaker 3: contracts that came out at the back end of last week. 44 00:02:14,160 --> 00:02:16,799 Speaker 3: We see Boeing shares under Tiger BA up two point 45 00:02:16,840 --> 00:02:20,160 Speaker 3: four percent, Lockheed down about two percent, worst performer among 46 00:02:20,160 --> 00:02:22,960 Speaker 3: the worst performers in the SP five hundred analysts upgrading 47 00:02:22,960 --> 00:02:25,440 Speaker 3: and downrating on the news Melius taking a bullish stance 48 00:02:25,480 --> 00:02:28,480 Speaker 3: now on Boeing and also downgrading Lockheed. We also saw 49 00:02:28,560 --> 00:02:30,680 Speaker 3: b of a downgrade shares. It really is a question 50 00:02:30,720 --> 00:02:32,800 Speaker 3: of going forward, how much can this be a win 51 00:02:32,919 --> 00:02:35,880 Speaker 3: for Boeing new CEO management dealing with all their issues 52 00:02:35,880 --> 00:02:37,799 Speaker 3: for commercial jets, and also how can it be a 53 00:02:37,919 --> 00:02:41,320 Speaker 3: dent for Lockheed. Boeing, according to analysts, is going to 54 00:02:41,320 --> 00:02:44,080 Speaker 3: benefit to the tune of tens of billions of dollars 55 00:02:44,120 --> 00:02:47,600 Speaker 3: in sales over the next few decades off of this contract. 56 00:02:47,600 --> 00:02:50,399 Speaker 3: So going forward, bullish stance, and that's why we're seeing 57 00:02:50,400 --> 00:02:50,919 Speaker 3: shares up high. 58 00:02:51,000 --> 00:02:52,200 Speaker 2: All right, And to wrap it up, what do you 59 00:02:52,200 --> 00:02:53,600 Speaker 2: want me to get Azek? 60 00:02:53,760 --> 00:02:55,240 Speaker 3: I don't know if you guys have heard of AzaC. 61 00:02:55,320 --> 00:02:59,080 Speaker 3: Do you have a deck? They make deck sighting? So now, okay, 62 00:02:59,320 --> 00:03:02,360 Speaker 3: Ezek getting a acquired by Australian company James Hardy for 63 00:03:02,400 --> 00:03:05,200 Speaker 3: eight point seventy five billion dollars ASEX shares right now 64 00:03:05,280 --> 00:03:09,880 Speaker 3: up fifteen percent cash and stock deal management defending it, 65 00:03:10,080 --> 00:03:12,480 Speaker 3: even defending the deal, even after their shares took a 66 00:03:12,520 --> 00:03:15,760 Speaker 3: bit of a nose dive in Sydney, down about fifteen percent. 67 00:03:16,840 --> 00:03:19,360 Speaker 3: The bet, according to CEO, is on the number of 68 00:03:19,400 --> 00:03:22,120 Speaker 3: houses in the US that are older than forty years 69 00:03:22,360 --> 00:03:24,320 Speaker 3: and saying that they're going to need new sighting, They're 70 00:03:24,320 --> 00:03:27,280 Speaker 3: going to need new improvements, whether that's different parts of 71 00:03:27,280 --> 00:03:29,320 Speaker 3: the buildings or if people just want to build a deck. 72 00:03:29,680 --> 00:03:32,360 Speaker 3: Bearish analysts coming out saying no, US consumer is a 73 00:03:32,400 --> 00:03:34,720 Speaker 3: bit choppy, so maybe now is not the best time 74 00:03:34,720 --> 00:03:36,680 Speaker 3: to strike a deal. But we are seeing ASEX shares 75 00:03:36,760 --> 00:03:38,200 Speaker 3: again up about fourteen percent. 76 00:03:38,280 --> 00:03:38,480 Speaker 4: YEP. 77 00:03:38,520 --> 00:03:41,120 Speaker 2: Still waiting to pay that final bill for that Ausome Massachusetts. 78 00:03:41,120 --> 00:03:43,920 Speaker 2: All right, Bailly, thanks a lot. Bloomberg's Bay Lipsholz, Boomberg News, 79 00:03:43,920 --> 00:03:46,680 Speaker 2: Senior Equity's reporter, The. 80 00:03:46,800 --> 00:03:50,920 Speaker 1: Stock Movers podcast from Bloomberg Radio. Check back with us 81 00:03:51,000 --> 00:03:53,880 Speaker 1: throughout the day for the latest roundup of companies making 82 00:03:54,000 --> 00:03:57,520 Speaker 1: news on Wall Street and for the latest market moving headlines. 83 00:03:57,720 --> 00:04:01,600 Speaker 1: Listen to Bloomberg Radio Live. 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