1 00:00:02,520 --> 00:00:07,360 Speaker 1: Bloomberg Audio Studios, podcasts, radio News. 2 00:00:08,560 --> 00:00:12,440 Speaker 2: The Stock Movers Report, your roundup of companies making moves 3 00:00:12,480 --> 00:00:16,280 Speaker 2: in the stock market, harnessing the power of Bloomberg data. 4 00:00:16,760 --> 00:00:18,200 Speaker 3: Let's take us look at some of the stocks on 5 00:00:18,239 --> 00:00:20,239 Speaker 3: the move today. We can do that with Bloomberg's or 6 00:00:20,320 --> 00:00:22,160 Speaker 3: Melinda nor What are you looking at looking. 7 00:00:21,960 --> 00:00:24,120 Speaker 4: At shares of Costco right now in trading, that's take 8 00:00:24,160 --> 00:00:27,000 Speaker 4: our cost We are seeing shares falling as much as 9 00:00:27,000 --> 00:00:29,280 Speaker 4: four point one percent. This is their worst day that 10 00:00:29,320 --> 00:00:32,320 Speaker 4: we're seeing since June of this year. So we saw 11 00:00:32,360 --> 00:00:35,320 Speaker 4: the company report at quarterly profit that was better than expectations, 12 00:00:35,360 --> 00:00:37,480 Speaker 4: but it seems as though people are kind of viewing 13 00:00:37,479 --> 00:00:40,360 Speaker 4: the report as overall very mixed. I mean, truest is 14 00:00:40,400 --> 00:00:43,159 Speaker 4: saying that while they are leading to a lot of 15 00:00:43,159 --> 00:00:46,680 Speaker 4: the exclusive shopping hours and Instacart credit are leading toward 16 00:00:46,720 --> 00:00:50,000 Speaker 4: a significant number of trade ups, Costco's evaluation makes it 17 00:00:50,080 --> 00:00:52,559 Speaker 4: challenging to put fresh money to work. So we are 18 00:00:52,600 --> 00:00:55,080 Speaker 4: seeing some pressure right now on the stock in trading 19 00:00:55,080 --> 00:00:57,240 Speaker 4: today as people really digest those results that we saw. 20 00:00:57,480 --> 00:01:00,200 Speaker 3: Hot talking a coke two and fifty cent that hasn't. 21 00:01:00,640 --> 00:01:04,640 Speaker 4: Pizza the pizza fantastic I mean, I like to swing 22 00:01:04,680 --> 00:01:06,520 Speaker 4: in there and get a slice. Okay, not too bad. 23 00:01:06,640 --> 00:01:08,720 Speaker 1: Those are all lost leaders for Costco because they know 24 00:01:08,760 --> 00:01:10,920 Speaker 1: everything else the price point is at least ten dollars. 25 00:01:11,760 --> 00:01:14,280 Speaker 1: Let's talk a little bit about pharma companies, starting with 26 00:01:14,280 --> 00:01:15,560 Speaker 1: the biggest, Eli Lilly. 27 00:01:15,760 --> 00:01:18,280 Speaker 4: Yes, keeping eyes on Eli Lily today, that's ticker l 28 00:01:18,520 --> 00:01:20,240 Speaker 4: l Y. And of course this is after the news 29 00:01:20,240 --> 00:01:22,600 Speaker 4: that we've been seeing regarding tariffs, as has been very 30 00:01:22,600 --> 00:01:25,080 Speaker 4: topical as of late here. So we were looking at 31 00:01:25,160 --> 00:01:28,440 Speaker 4: US drug makers in particular because President Donald Trump said 32 00:01:28,440 --> 00:01:30,759 Speaker 4: that he announced a plan to impose a one hundred 33 00:01:30,800 --> 00:01:35,160 Speaker 4: percent tariff on branded and patented drug imports, and so 34 00:01:35,200 --> 00:01:39,679 Speaker 4: he did include exemptions for companies with US manufacturing. So, 35 00:01:39,800 --> 00:01:42,200 Speaker 4: as you would expect, you are seeing a bit of 36 00:01:42,200 --> 00:01:46,920 Speaker 4: a tailwind here for these US homegrown pharmaceutical companies. But 37 00:01:46,959 --> 00:01:48,440 Speaker 4: it seems as though you guys will be digging into 38 00:01:48,440 --> 00:01:51,480 Speaker 4: that a bit more as elly. Yeah, so what that 39 00:01:51,560 --> 00:01:53,600 Speaker 4: will look like here, But we are seeing a bit 40 00:01:53,600 --> 00:01:55,560 Speaker 4: of pop and shares here for Eli Lilly up as 41 00:01:55,600 --> 00:01:57,320 Speaker 4: much as two percent right now in trading. 42 00:01:57,760 --> 00:02:00,480 Speaker 3: All right, how about some of the home furnishing companies. 43 00:02:00,480 --> 00:02:02,440 Speaker 3: They're also I don't know where that came from. Why 44 00:02:02,440 --> 00:02:04,400 Speaker 3: does you have a problem with the furniture, I. 45 00:02:04,360 --> 00:02:07,320 Speaker 4: Mean more tears, more tears here. So looking at shares 46 00:02:07,320 --> 00:02:10,160 Speaker 4: of furniture retailers, as you mentioned right now, our H 47 00:02:10,280 --> 00:02:12,120 Speaker 4: is one of the names that I have in focus 48 00:02:12,160 --> 00:02:14,959 Speaker 4: here that's ticker RH makes it pretty easy for you there. 49 00:02:15,240 --> 00:02:17,760 Speaker 4: Shares are down as much as four percent in trading 50 00:02:17,760 --> 00:02:20,600 Speaker 4: today and this is really just pressure that we're seeing 51 00:02:20,600 --> 00:02:22,800 Speaker 4: hariffs or Donald Trump announced that the US will enact 52 00:02:22,919 --> 00:02:27,359 Speaker 4: new tariffs on imported kitchen cabinets, bathroom vanityes, and other 53 00:02:27,480 --> 00:02:30,360 Speaker 4: home products next week. So, I mean, we do know 54 00:02:30,400 --> 00:02:32,720 Speaker 4: that the CEO of URH has been a critic of 55 00:02:32,880 --> 00:02:35,920 Speaker 4: Trump's trade policy. They are seeing the stock fall as 56 00:02:36,000 --> 00:02:38,160 Speaker 4: much as four percent as I'm saying today that we're 57 00:02:38,160 --> 00:02:40,440 Speaker 4: seeing here on this Friday, So lotus to kind of 58 00:02:40,480 --> 00:02:42,200 Speaker 4: keep an eye on as we're looking at the furniture 59 00:02:42,240 --> 00:02:45,480 Speaker 4: retailers and where tariffs are really ricocheting into different sectors here. 60 00:02:46,280 --> 00:02:49,040 Speaker 1: Yeah, certainly bad news for most people because I can't 61 00:02:49,040 --> 00:02:50,919 Speaker 1: think of that many pieces of furniture that are made 62 00:02:51,480 --> 00:02:53,200 Speaker 1: on a large scale inside the US. 63 00:02:53,560 --> 00:02:55,359 Speaker 4: Yeah, I mean, is what we were just talking about, 64 00:02:55,400 --> 00:02:57,959 Speaker 4: the fact that so many furniture stores are down south 65 00:02:58,080 --> 00:03:00,800 Speaker 4: North Carolina, Virginia, but much of it really a lot 66 00:03:00,840 --> 00:03:02,040 Speaker 4: of the materials being imported. 67 00:03:02,040 --> 00:03:07,600 Speaker 2: Here the Stockmovers Report from Bloomberg Radio. Check back with 68 00:03:07,720 --> 00:03:10,280 Speaker 2: us throughout the day for the latest roundup of companies 69 00:03:10,360 --> 00:03:13,440 Speaker 2: making news on Wall Street and for the latest market 70 00:03:13,480 --> 00:03:17,960 Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 71 00:03:18,040 --> 00:03:21,520 Speaker 2: Bloomberg dot com, and on Applecarplay and Android Auto with 72 00:03:21,600 --> 00:03:23,080 Speaker 2: the Bloomberg Business App.