WEBVTT - Levi Drops, Webull Slumps, Wolfspeed Jumps

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<v Speaker 1>Bloomberg Audio Studios. Podcasts. Radio. News. The Stock Movers Report.

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<v Speaker 1>Your roundup of companies making moves in the stock market.

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<v Speaker 1>Harnessing the power of Bloomberg data.

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<v Speaker 2>I am Carol.

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<v Speaker 3>Messer along with Lisa Mateo.

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<v Speaker 2>Let's get to some stocks on the move.

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<v Speaker 3>To do that is Arvalice Bonilla-Ramos.

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<v Speaker 2>She is equities reporter at Bloomberg News.

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<v Speaker 3>Joining us and courtesy of one of our team members,

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<v Speaker 3>Sebastian Ramos.

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<v Speaker 2>Said your tickers, you brought us two animals.

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<v Speaker 3>And a pair of jeans.

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<v Speaker 4>Apparently I did. I do love animal.

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<v Speaker 2>Print, though. I love animal print. Everybody should have a

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<v Speaker 2>little animal print in their wardrobe.

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<v Speaker 3>All right, let's start with the jeans.

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<v Speaker 2>Levi Strauss, earnings after the close.

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<v Speaker 3>Yeah, absolutely.

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<v Speaker 4>So the stock has been between loss and gains after

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<v Speaker 4>the third quarter report. Basically, they hit about 5% up.

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<v Speaker 4>They were 5% up. As soon as the report came out,

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<v Speaker 4>revenue generated from their own stores and website grew 2%

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<v Speaker 4>in the third quarter. The company rate its full year

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<v Speaker 4>earnings outlook. That's after a tariff refund, which they're using

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<v Speaker 4>to invest back into the business. But the consumer team

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<v Speaker 4>here in Bloomberg noted that the company posted the slowest

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<v Speaker 4>growth in their direct-to-consumer channels since late 2022, and that's

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<v Speaker 4>in part of a strategy they were very much pushing forward.

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<v Speaker 4>baggy pants instead of those 20-year-old low cuts.

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<v Speaker 2>Get rid of them.

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<v Speaker 3>Everybody just said the straight, tight legs, no more, and

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<v Speaker 3>everything's like this baggy in the barrel. I tried on

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<v Speaker 3>like 10 pairs of the barrel jeans.

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<v Speaker 2>Nothing looked good.

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<v Speaker 3>It was so bad.

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<v Speaker 4>It's a thing. But I'm also like, do we want

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<v Speaker 4>to go back to low jeans?

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<v Speaker 2>I don't want low jeans. I hate low jeans. The

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<v Speaker 2>low rises are back.

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<v Speaker 4>I think the kids are ready for them.

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<v Speaker 2>That's what my daughter tells me.

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<v Speaker 4>They do?

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<v Speaker 1>Skinny's out.

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<v Speaker 3>Well, what's interesting is they did, it looks like they

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<v Speaker 3>raised their full year, fiscal year adjusted EPS, and that

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<v Speaker 3>was better than... what they had seen previously.

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<v Speaker 4>So it was, even their EPS for the third quarter

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<v Speaker 4>beat Bloomberg Consensus, or the analysts that we have on

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<v Speaker 4>our data base, but.

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<v Speaker 4>That also, that outlook boost comes from the tariff refund.

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<v Speaker 4>So maybe that's something that Wall Street.

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<v Speaker 1>Was just like.

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<v Speaker 2>That's a one-time thing, right?

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<v Speaker 3>Yeah. For the moment.

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<v Speaker 4>For the moment. Yeah, for sure.

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<v Speaker 2>Are you wearing barrel jeans? I can't see you in

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<v Speaker 2>barrel jeans.

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<v Speaker 4>You know what?

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<v Speaker 1>I do.

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<v Speaker 2>I like the low rise though. You do like the

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<v Speaker 2>low rise.

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<v Speaker 3>Yeah, I know.

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<v Speaker 2>Are you wearing the barrel jeans?

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<v Speaker 4>I'm all about the baggy pants. Okay. But that's maybe

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<v Speaker 4>in the last four years, I've been very much into them.

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<v Speaker 4>I am not sure if I'm ready to go back

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<v Speaker 4>for the, for the low jeans. Yeah. I'm ready for

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<v Speaker 4>an in-between.

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<v Speaker 2>I hate the low jeans.

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<v Speaker 1>I know. I hate them.

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<v Speaker 4>I know. They're so pretty.

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<v Speaker 3>But you're like perfect.

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<v Speaker 2>You can like do that. Not me. I like high-waisted.

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<v Speaker 3>I like bell-bottom. Yes.

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<v Speaker 4>High-waisted.

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<v Speaker 3>Love those. Yes.

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<v Speaker 4>All right.

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<v Speaker 3>So Levi having a tough time. We'll see the analyst

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<v Speaker 3>call and see if things change in terms of.

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<v Speaker 2>they tell their story a little bit more.

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<v Speaker 1>All right.

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<v Speaker 3>So we mentioned, um, pair of jeans and two animals.

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<v Speaker 2>We got to get to animals.

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<v Speaker 3>Yeah.

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<v Speaker 4>Wolf. We got the wolf.

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<v Speaker 1>Wolf speed.

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<v Speaker 2>Yes.

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<v Speaker 4>They are an advanced semiconductor maker. They basically got a defense, defense, uh,

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<v Speaker 4>department of defense, um, conditional commitment or loan of up

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<v Speaker 4>to 1.5 billion. Uh, that comes at that 30 year loan.

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<v Speaker 4>It's going to help them expand. Um, Production of these

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<v Speaker 4>semiconductor materials that they make and power chips, this is

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<v Speaker 4>with a focus on national security and defense applications. These

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<v Speaker 4>semiconductors that they make usually can handle more power, heat,

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<v Speaker 4>and voltage, and that's something that with the procurement that

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<v Speaker 4>the defense department is looking into will help the company

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<v Speaker 4>a lot.

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<v Speaker 3>Good for the military, right?

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<v Speaker 2>For sure.

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<v Speaker 3>Stock is up 28% in the aftermarket.

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<v Speaker 4>Yeah, it literally jumped.

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<v Speaker 3>And it's up 80% year to date. So get ready, everybody. Yeah.

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<v Speaker 4>You're today up to 80%. That's true.

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<v Speaker 2>For tomorrow's trade.

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<v Speaker 4>Yeah.

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<v Speaker 2>Pretty remarkable. I will point out 74%.

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<v Speaker 3>Of the float is short. Oh.

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<v Speaker 1>Yeah.

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<v Speaker 4>That is something to look at.

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<v Speaker 3>Yeah.

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<v Speaker 1>That's pretty fascinating.

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<v Speaker 3>But that's why you might be seeing it up so much.

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<v Speaker 2>There's going to be a bunch of short coverage.

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<v Speaker 3>Totally. Because it was so negative.

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<v Speaker 1>All right.

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<v Speaker 2>So we mentioned another animal.

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<v Speaker 4>Yes, we have the bulls. Well, the ticker B-U-L-L.

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<v Speaker 3>Claim Sebastian that we're doing this.

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<v Speaker 4>I'm glad he noticed. They close up about 19%. That's

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<v Speaker 4>after a report this morning that the U.S. House Select

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<v Speaker 4>Committee on China is set to release a report saying

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<v Speaker 4>or tying that the company is tied to the Chinese government,

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<v Speaker 4>which is sort of racist, national racist. security concerns, although

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<v Speaker 4>analysts at Scotiabank noted that this was something that was known,

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<v Speaker 4>but the framing that this is something of a risk

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<v Speaker 4>for a national concern could draw a little bit of

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<v Speaker 4>regulatory attention that the company maybe is not expecting. This

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<v Speaker 4>is a company that basically the The online brokerage and

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<v Speaker 4>digital trading platform, their operations, they list their shares. Anything

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<v Speaker 4>and everything that could come on a negative has to

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<v Speaker 4>be from the SEC or FINRA moving forward.

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<v Speaker 2>They're based in St. Petersburg, but they have 28 billion

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<v Speaker 2>global users. I mean, this is a big online brokerage firm.

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<v Speaker 4>They are, yeah. And also, they've been down for about 24%

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<v Speaker 4>year-to-date in 2026. So today's jump was very, yeah. very interesting.

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<v Speaker 1>The Stock Movers Report from Bloomberg Radio. Check back with

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