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Speaker 2: The Stock Movers Report, your roundup of companies making moves
Speaker 2: in the stock market, harnessing the power of Bloomberg data.
Speaker 3: Let's take us look at some of the stocks on
Speaker 3: the move today. We can do that with Bloomberg's or
Speaker 3: Melinda nor What are you looking at looking.
Speaker 4: At shares of Costco right now in trading, that's take
Speaker 4: our cost We are seeing shares falling as much as
Speaker 4: four point one percent. This is their worst day that
Speaker 4: we're seeing since June of this year. So we saw
Speaker 4: the company report at quarterly profit that was better than expectations,
Speaker 4: but it seems as though people are kind of viewing
Speaker 4: the report as overall very mixed. I mean, truest is
Speaker 4: saying that while they are leading to a lot of
Speaker 4: the exclusive shopping hours and Instacart credit are leading toward
Speaker 4: a significant number of trade ups, Costco's evaluation makes it
Speaker 4: challenging to put fresh money to work. So we are
Speaker 4: seeing some pressure right now on the stock in trading
Speaker 4: today as people really digest those results that we saw.
Speaker 3: Hot talking a coke two and fifty cent that hasn't.
Speaker 4: Pizza the pizza fantastic I mean, I like to swing
Speaker 4: in there and get a slice. Okay, not too bad.
Speaker 1: Those are all lost leaders for Costco because they know
Speaker 1: everything else the price point is at least ten dollars.
Speaker 1: Let's talk a little bit about pharma companies, starting with
Speaker 1: the biggest, Eli Lilly.
Speaker 4: Yes, keeping eyes on Eli Lily today, that's ticker l
Speaker 4: l Y. And of course this is after the news
Speaker 4: that we've been seeing regarding tariffs, as has been very
Speaker 4: topical as of late here. So we were looking at
Speaker 4: US drug makers in particular because President Donald Trump said
Speaker 4: that he announced a plan to impose a one hundred
Speaker 4: percent tariff on branded and patented drug imports, and so
Speaker 4: he did include exemptions for companies with US manufacturing. So,
Speaker 4: as you would expect, you are seeing a bit of
Speaker 4: a tailwind here for these US homegrown pharmaceutical companies. But
Speaker 4: it seems as though you guys will be digging into
Speaker 4: that a bit more as elly. Yeah, so what that
Speaker 4: will look like here, But we are seeing a bit
Speaker 4: of pop and shares here for Eli Lilly up as
Speaker 4: much as two percent right now in trading.
Speaker 3: All right, how about some of the home furnishing companies.
Speaker 3: They're also I don't know where that came from. Why
Speaker 3: does you have a problem with the furniture, I.
Speaker 4: Mean more tears, more tears here. So looking at shares
Speaker 4: of furniture retailers, as you mentioned right now, our H
Speaker 4: is one of the names that I have in focus
Speaker 4: here that's ticker RH makes it pretty easy for you there.
Speaker 4: Shares are down as much as four percent in trading
Speaker 4: today and this is really just pressure that we're seeing
Speaker 4: hariffs or Donald Trump announced that the US will enact
Speaker 4: new tariffs on imported kitchen cabinets, bathroom vanityes, and other
Speaker 4: home products next week. So, I mean, we do know
Speaker 4: that the CEO of URH has been a critic of
Speaker 4: Trump's trade policy. They are seeing the stock fall as
Speaker 4: much as four percent as I'm saying today that we're
Speaker 4: seeing here on this Friday, So lotus to kind of
Speaker 4: keep an eye on as we're looking at the furniture
Speaker 4: retailers and where tariffs are really ricocheting into different sectors here.
Speaker 1: Yeah, certainly bad news for most people because I can't
Speaker 1: think of that many pieces of furniture that are made
Speaker 1: on a large scale inside the US.
Speaker 4: Yeah, I mean, is what we were just talking about,
Speaker 4: the fact that so many furniture stores are down south
Speaker 4: North Carolina, Virginia, but much of it really a lot
Speaker 4: of the materials being imported.
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