WEBVTT - MP Materials Rises, Applied Digital Soars, Levi Slides

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<v Speaker 1>Bloomberg Audio Studios, podcasts, radio News.

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<v Speaker 2>The Stock Movers Report, your roundup of companies making moves

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<v Speaker 2>in the stock market, harnessing the power of Bloomberg Data.

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<v Speaker 3>Let's take a look at some stocks on the move today.

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<v Speaker 3>I'm Emily Brefel with Tim Stenovik, and we're joined by

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<v Speaker 3>Bloomberg News cross asset reporter Danitza Sukhova. Denita, did you

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<v Speaker 3>pick a gainer or decliner for US?

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<v Speaker 2>First?

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<v Speaker 4>I picked the gainer for change because you said all

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<v Speaker 4>the sectors are in the red. But if you actually

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<v Speaker 4>look at rare Earth Materials, we're seeing some of the

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<v Speaker 4>big gainers, which is not a surprise. MP Materials is

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<v Speaker 4>the first one I'm looking on the tickeries. MP stock

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<v Speaker 4>is up thirteen percent. Of course, it's coming off all

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<v Speaker 4>the headlines we're getting from the administration. President trump threat

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<v Speaker 4>to Jacob tariffs in China over its rare earth control

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<v Speaker 4>has sent investors rushing into the few companies that have exposure.

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<v Speaker 4>The few Western companies is actually up more than four

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<v Speaker 4>hundred percent here today. Obviously, some of the biggest winners

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<v Speaker 4>rare earth producer the US has already taken a stake

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<v Speaker 4>in which we already saw a lot of euphoria for

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<v Speaker 4>the stock. After that, Trump said that the China expert

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<v Speaker 4>controls and monopoly on rare earth is a rather sinister

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<v Speaker 4>and hostile move in enjoy, the US Department of Defense

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<v Speaker 4>agreed to a four hundred million equity investment in MP Materials,

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<v Speaker 4>through which the government will become the company's largest shareholder.

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<v Speaker 4>That maybe will help fund a new manufacturing plant for

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<v Speaker 4>rare earth magnets. So that's definitely a place everyone's been watching.

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<v Speaker 4>It's been on a relentless rally, and even more today

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<v Speaker 4>as everything is going down.

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<v Speaker 3>Four hundred and twenty four percent a year to day

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<v Speaker 3>gain in MP the gramp.

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<v Speaker 1>Yeah, it's pretty amazing. USA rare earths up two hundred

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<v Speaker 1>percent so far this year. I mean a lot of

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<v Speaker 1>that happening just really going back to September.

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<v Speaker 3>I write about ETFs on the cross as the team.

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<v Speaker 3>It's interesting that one of the biggest rare earth ETFs,

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<v Speaker 3>the vanak Rare Earth and Strategical Strategic Metals etf R

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<v Speaker 3>e m X, is only up eighty percent, and then

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<v Speaker 3>there's individual holdings that are up so much bigger. Anyway,

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<v Speaker 3>what else do you have for US to need.

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<v Speaker 4>Yeah, the winners are concentrated in information technology that we're

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<v Speaker 4>actually seeing some winners. Applied Digital shared shares were up

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<v Speaker 4>as much as thirty three percent now still about sixteen percent,

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<v Speaker 4>which as what we're seeing with tech stocks, that's clearly

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<v Speaker 4>a beiginning here. Shares of Applied Digital climb after the

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<v Speaker 4>data center developers secured more funding and lease agreements for

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<v Speaker 4>its project for Bullish hyper scalers, and also it posted

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<v Speaker 4>better than expected results for the first quarter. So what

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<v Speaker 4>we saw for the quarter that ended August thirty first,

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<v Speaker 4>Applied Digital reported a loss of three cents a share,

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<v Speaker 4>which is narrower than the sixteen cents that investors would

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<v Speaker 4>expect it, so big relief there. And if we zoom

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<v Speaker 4>out on this one, the stock is up three hundred

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<v Speaker 4>and seven and seventy percent here today, so that's another

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<v Speaker 4>massive gain. Obviously a small company, so these moves make

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<v Speaker 4>makes sense. But the AI boom has been intensifying this race,

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<v Speaker 4>especially for AR infrastructure, and this is one of the

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<v Speaker 4>clear winners, even on a pretty bad day for the markets.

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<v Speaker 1>Okay, I'm pretty impressed that of the four stocks you chose,

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<v Speaker 1>at least two of them so far have been gainer's

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<v Speaker 1>day on a day when we're seeing such widespread selling.

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<v Speaker 1>Let's go to some on the other side of the trade.

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<v Speaker 4>Yes, we're done with the good news. Levi Strauss is

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<v Speaker 4>having a pretty bad day, and this was before the

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<v Speaker 4>tariff announcement, and it's actually connected with tariffs. It felt

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<v Speaker 4>as much as fourteen percent. Now it's about twelve percent.

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<v Speaker 4>The pairlmaker upgraded earnings guidance but still fell short of

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<v Speaker 4>higher investor expectation, and they blame it on the tariffs.

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<v Speaker 4>They raised its feeer outlook but warned that tariffs are

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<v Speaker 4>starting to buy and the problem is it's really hard

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<v Speaker 4>to calculate. They say they expect thirty percent tariffs in China,

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<v Speaker 4>but increased expectations to twenty percent for the rest of

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<v Speaker 4>the world, and that was before an announcement. Clearly, this

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<v Speaker 4>is a very volatile environment for retailers, and actually Levi's

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<v Speaker 4>Trails was one of the winners. It's still up twenty

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<v Speaker 4>five percent here today, but you can see how one

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<v Speaker 4>headline eraises almost half of the of the gains this year.

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<v Speaker 4>Beyond yoga, one of their brand has actually been performing

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<v Speaker 4>quite well. Revenue was one point five billion in a

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<v Speaker 4>third quarter in line and estimate. But still this is

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<v Speaker 4>not enough when tariffs are a biding.

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<v Speaker 1>Okay, we have twenty seconds to talk about some fertilizer.

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<v Speaker 4>Yes, another stock that is suffering is Mozaic. Magaic series

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<v Speaker 4>are down about seven percent. The fertilizer company said the

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<v Speaker 4>third quarter false fat production fell below what management expected.

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<v Speaker 4>We also have trade war implications here, so that's another

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<v Speaker 4>stock that has been suffering, but it's still up to date.

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<v Speaker 1>Monday, Tick our mos.

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<v Speaker 2>The Stockmovers Report from Bloomberg Radio. Check back with us

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<v Speaker 2>throughout the day for the latest roundup of companies making

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<v Speaker 2>news on Wall Street and for the latest market moving headlines.

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