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Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The Stock Movers podcast,

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Speaker 1: your roundup of companies making moves in the stock market,

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Speaker 1: harnessing the power of Bloomberg Data.

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Speaker 2: It's a good day in the stock market, Banana, what

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Speaker 2: are you looking at?

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Speaker 3: It is a good day, and we already mentioned Apple.

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Speaker 3: I'm looking at shairs of Apple, which are rallying about

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Speaker 3: four percent after the Trump administration said it was exempting

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Speaker 3: things like phones, computers, some popular electronics from its so

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Speaker 3: called reciprocal tariffs. So we have those exclusions applying to

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Speaker 3: a number of things, including products from Apple, obviously, although

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Speaker 3: we did hear from the administration afterwards saying that the

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Speaker 3: President is pledging that he will still apply tariffs to

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Speaker 3: some popular consumer electronics. So a lot of analysts and

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Speaker 3: strategists are looking at this and thinking that maybe the

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Speaker 3: reprieve is seeming temporary, and looking at shares of Goldman,

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Speaker 3: which reported earnings on Monday, and we have the stock

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Speaker 3: traders posting their highest quarterly revenue hall on record. Obviously,

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Speaker 3: it's thanks to volatile markets, which we have had plenty

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Speaker 3: of recently. We had Goldman saying equity trading revenues rose

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Speaker 3: twenty seven percent from a year earlier to four point

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Speaker 3: one nine billion dollars for the first three months of

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Speaker 3: the year. And we had JP, Morgan Chase and Morgan

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Speaker 3: Stanley last week telling us a similar story, notching record

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Speaker 3: stock trading halls for the period.

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Speaker 2: But I'd see here that mister Solomon, the CEO of Goldman,

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Speaker 2: saying no fundamental shift on macro slowing MNA dialogues here.

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Speaker 2: So the traders are having a good time, but there's

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Speaker 2: some concern from the advisory side of the business.

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Speaker 3: Deal Making is remaining challenging, obviously because of all of

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Speaker 3: the uncertainty coming from the White House in terms of

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Speaker 3: what can happen with MNA deals, et cetera. And the

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Speaker 3: third company I'm looking at is Pfizer. It said it's

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Speaker 3: going to stop developing an obesity pill that investors had

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Speaker 3: been really closely tracking and watching after the said pill

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Speaker 3: was potentially linked to a liver injury in one of

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Speaker 3: the patients, so they had to stop that trial. And

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Speaker 3: the company said it won't be advancing this once daily

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Speaker 3: medicine into the final stages of testing and it will

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Speaker 3: instead be investing in earlier stage treatments for obesity and

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Speaker 3: we have shares of Pfizer up about half a percentage

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Speaker 3: point today.

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Speaker 1: The Stock Movers podcast from Bloomberg Radio. Check back with

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Speaker 1: us throughout the day for the latest roundup of companies

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Speaker 1: making news on Wall Street and for the latest market

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