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Speaker 1: Bloomberg Audio Studios, podcasts, radio news.

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Speaker 2: The Stock Movers podcast, your roundup of companies making moves

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Speaker 2: in the stock market, harnessing the power of Bloomberg data.

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Speaker 3: The Stockmovers right now, let's look at it. Let's dive

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Speaker 3: right into it. It's a podcast. Look at that out

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Speaker 3: on Apple podcast, YouTube podcasts as well. Leading this morning, Stockmovers,

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Speaker 3: Lisa Manteo.

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Speaker 4: And I have to start with Nike ticker NK. It

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Speaker 4: shairs have been up as much as eleven percent. It

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Speaker 4: basically said its sales slump had hit bottom, so investors

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Speaker 4: really like the sound of that. In fact, it overshadowed

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Speaker 4: the fact that Nike said it expects tariffs to increase

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Speaker 4: his annual costs by about a billion dollars. Because of that,

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Speaker 4: it's a had to pass along the cost with surgical

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Speaker 4: price increases to customers, so you could see some price

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Speaker 4: increases on some of your Nike products. But CEO Elliot Hill,

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Speaker 4: he's really been making this turnaround for the company because

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Speaker 4: they've been trying to mend relationships with their retailers. Because

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Speaker 4: Nike has been focused on their stores and selling their

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Speaker 4: sneakers and their stores on their website and that's kind

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Speaker 4: of turned away some retailers. They've returned on Amazon dot Com.

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Speaker 4: They're back on Amazon and they're trying to get some

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Speaker 4: new products on store shelves. Their women's business, they've been

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Speaker 4: experiencing some setbacks. If you remember, they had that Nike

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Speaker 4: skims that's been delayed. They've delayed the release of that

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Speaker 4: that partnership with Kim Kardashian's skims. I missed that, Yeah,

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Speaker 4: I know you did. Well, don't worry, it's not out yet.

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Speaker 3: I don't understand the game there even does ten cents

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Speaker 3: of the dollar. Their net income is seven cents in

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Speaker 3: the dollar. I mean. And they're not Walmart. I mean,

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Speaker 3: and they're now just getting back to Amazon.

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Speaker 4: They are, they are. They pulled away from it from

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Speaker 4: a bit because they were worried about the fakes that

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Speaker 4: were out there on Amazon Button.

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Speaker 1: Now some leadership changes as well. I'm really trying to

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Speaker 1: figure out there where they're selling and who they're selling to.

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Speaker 1: Jordans on that.

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Speaker 4: We'll go to Nvidia because their shares they rally back

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Speaker 4: to a record. You remember, it's following this drop from

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Speaker 4: China's Deep Secret. Remember earlier this year, Tacker MVDA shares

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Speaker 4: up as much as one percent before the bell. It's

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Speaker 4: close to becoming the first company to reach a four

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Speaker 4: trillion dollar market cap, some analysts predicting a market value

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Speaker 4: of six trillion dollars. So the bonus side the pros

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Speaker 4: to this is their biggest customers like Microsoft, Meta, Amazon, Alphabet,

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Speaker 4: and they're expected to increase their spending on computer infrastructure.

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Speaker 4: Then you have annual AI spending that's expected to rise

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Speaker 4: by nearly two trillion by twenty twenty eight. So that's

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Speaker 4: the good, but then you have the risks to on

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Speaker 4: top of it that they rely on Taiwan Semiconductor right

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Speaker 4: for the manufacturing.

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Speaker 3: You're in the stock movers in April. While you're doing it,

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Speaker 3: Sweety is on the phone to his broker.

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Speaker 4: Yes, loading the bona idiot.

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Speaker 3: Pauls up seventy nine percent from the bottom and a OMG,

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Speaker 3: China is going to put in video out of business.

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Speaker 1: This is nuts, what it is nuts. I think it

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Speaker 1: was two years ago it had a one trillion dollar

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Speaker 1: market cap and now we're looking at four, which is yeah,

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Speaker 1: you know you helped me with the exponential growth there,

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Speaker 1: but that seems rapid.

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Speaker 3: Yes, one more, all right?

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Speaker 4: Atlantic Union is ticker au B it shares up as

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Speaker 4: much as nine percent, so they're surging. The reason why

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Speaker 4: they're this article in the Wall Street journalist says Blackstone

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Speaker 4: snapping snapping up another two billion dollars in commercial real

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Speaker 4: estate loans, and they're buying them at a seven percent

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Speaker 4: discount from Atlantic Union. And the loans were made before

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Speaker 4: interest rates jumped, so they've lost some value. But it's

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Speaker 4: just basically this encouraging sign for the commercial property sector.

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Speaker 4: We've been talking about it. You know, the market's been

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Speaker 4: hurt by the higher interest rates we demand for office

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Speaker 4: space people still working from home, trying to get them back,

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Speaker 4: but a lot of them are still working from home.

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Speaker 4: And those small regional banks, they're just struggling with this

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Speaker 4: big chunk of commercial property loans that they made when

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Speaker 4: interest rates were low, and those loans really lost value

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Speaker 4: after the Fed started raising those rates.

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Speaker 2: The Stock Movers podcast from Bloomberg Radio. Check back with

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Speaker 2: us throughout the day for the latest roundup of companies

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Speaker 2: making news on Wall Street and for the latest market

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