1 00:00:02,520 --> 00:00:07,000 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 --> 00:00:15,880 Speaker 2: in the stock market, harnessing the power of Bloomberg Data. 4 00:00:16,560 --> 00:00:19,720 Speaker 3: I'm Jim Stadovec along with Carol Masser. Let's take a 5 00:00:19,720 --> 00:00:21,919 Speaker 3: look at some stocks on the move today. We're joined 6 00:00:21,960 --> 00:00:25,880 Speaker 3: by Bloomberg News Equities reporter Jordan Fitzgerald. Jordan, whats is 7 00:00:25,880 --> 00:00:26,520 Speaker 3: on your radar? 8 00:00:27,160 --> 00:00:29,920 Speaker 4: Well, we have to start with Texas Instrument and Cgate. 9 00:00:30,040 --> 00:00:33,120 Speaker 4: Gotta go with what's newsworthy? Both companies reported after the 10 00:00:33,120 --> 00:00:35,840 Speaker 4: bill today having a bit of a different experience following 11 00:00:35,880 --> 00:00:39,280 Speaker 4: those numbers. Texas Instrument shares are really ripping in the postmarket. 12 00:00:39,320 --> 00:00:41,760 Speaker 4: Last I checked, they are up over seven percent. They're 13 00:00:41,800 --> 00:00:45,040 Speaker 4: probably still moving, but that comes as first quarter sales. 14 00:00:45,159 --> 00:00:48,320 Speaker 4: It's first quarter sales outlook beat, even as fourth quarter 15 00:00:48,320 --> 00:00:50,880 Speaker 4: profits kind of came more in line, and so people 16 00:00:50,920 --> 00:00:52,040 Speaker 4: are really excited about this. 17 00:00:52,000 --> 00:00:59,040 Speaker 1: Guidance, okay, And then we have you're excited, don't ask, 18 00:00:59,040 --> 00:01:00,600 Speaker 1: don't ask. And then we have Seagate. 19 00:01:01,080 --> 00:01:03,640 Speaker 4: We have Seagate. Seagate, on the other hand, is trading 20 00:01:03,640 --> 00:01:06,640 Speaker 4: lower after results. You know, looking at the numbers, it 21 00:01:06,680 --> 00:01:08,959 Speaker 4: seems like this should have been a beat, and it 22 00:01:09,000 --> 00:01:12,160 Speaker 4: could be just it wasn't good enough for the market Seagate. 23 00:01:12,240 --> 00:01:14,600 Speaker 4: It's important to note shares are up thirty five percent 24 00:01:14,640 --> 00:01:18,040 Speaker 4: in twenty twenty six so far, and so I think 25 00:01:18,040 --> 00:01:20,800 Speaker 4: it's possible that traders were looking for something a little 26 00:01:20,800 --> 00:01:22,360 Speaker 4: bit stronger. 27 00:01:22,040 --> 00:01:25,039 Speaker 1: After being a top performer last year. Yes, so it's 28 00:01:25,040 --> 00:01:27,120 Speaker 1: been on a tear, so I think we look for 29 00:01:27,120 --> 00:01:29,440 Speaker 1: a little bit more color in terms of the business. 30 00:01:29,920 --> 00:01:32,800 Speaker 3: Okay, those are the two companies that just reported they did. 31 00:01:33,280 --> 00:01:36,480 Speaker 3: We're getting a lot of companies reporting. General Motors learning 32 00:01:36,480 --> 00:01:38,840 Speaker 3: more about Yes, the most recent quarter in the outlook 33 00:01:38,840 --> 00:01:39,319 Speaker 3: for the year. 34 00:01:39,280 --> 00:01:43,360 Speaker 4: General Motors reported this morning shares gained almost nine percent. 35 00:01:43,440 --> 00:01:44,959 Speaker 4: Today closed at a record high. 36 00:01:45,200 --> 00:01:47,240 Speaker 1: Was this one of your gainers, Carrol, No I was 37 00:01:47,319 --> 00:01:50,400 Speaker 1: going to but no I choose from. I had a 38 00:01:50,400 --> 00:01:52,840 Speaker 1: lot to busy day. There were a lot to choose from, 39 00:01:52,880 --> 00:01:54,840 Speaker 1: Like really some big movers enter the webside. 40 00:01:54,880 --> 00:01:55,760 Speaker 2: So General Motors. 41 00:01:55,960 --> 00:01:59,440 Speaker 4: General Motors closed up almost nine percent. Like I said, 42 00:01:59,800 --> 00:02:03,440 Speaker 4: it's fullyer adjusted. EBIT guidance came in above the midline, 43 00:02:03,440 --> 00:02:06,560 Speaker 4: came in above estimates. And this really comes as people 44 00:02:06,560 --> 00:02:08,880 Speaker 4: weren't sure whether companies like General Motors would be able 45 00:02:08,960 --> 00:02:12,160 Speaker 4: to navigate all of the headwinds in the auto environment. 46 00:02:12,520 --> 00:02:14,440 Speaker 4: You know, they're ending their EV business. That comes with 47 00:02:14,480 --> 00:02:18,160 Speaker 4: a lot of cost, and also there's concerns about customer welfare. 48 00:02:18,160 --> 00:02:19,919 Speaker 4: There's concerns about how these auto companies are going to 49 00:02:19,960 --> 00:02:22,560 Speaker 4: deal with tariffs. And even then GM's print came in 50 00:02:22,639 --> 00:02:23,200 Speaker 4: quite strong. 51 00:02:23,320 --> 00:02:25,600 Speaker 1: Are they ending No, they're not ending it completely, are 52 00:02:25,400 --> 00:02:27,480 Speaker 1: they They're cutting backs? Yeah, And I know, I know 53 00:02:27,560 --> 00:02:30,600 Speaker 1: Mary Barr was talking about kind of reevaluating it. And 54 00:02:31,040 --> 00:02:31,720 Speaker 1: it's such. 55 00:02:31,480 --> 00:02:34,000 Speaker 3: A difference than a few years ago when these when 56 00:02:34,120 --> 00:02:35,919 Speaker 3: Ford and GM we're all in. 57 00:02:35,919 --> 00:02:39,400 Speaker 1: On EV's Yeah exactly, But I don't think you know, 58 00:02:39,440 --> 00:02:42,079 Speaker 1: I think you look at the world right and everybody 59 00:02:42,280 --> 00:02:46,239 Speaker 1: looks about it that it's kind of moving in that direction. 60 00:02:46,320 --> 00:02:48,600 Speaker 4: Which there's a story in the Terminal today about how 61 00:02:48,840 --> 00:02:51,840 Speaker 4: European car sales are really dominated by EV's. Yeah, but 62 00:02:52,360 --> 00:02:54,920 Speaker 4: the picture in America is quite different, and part of 63 00:02:54,919 --> 00:02:57,960 Speaker 4: that is politics, and part of that's just your cultural difference. 64 00:02:58,040 --> 00:03:00,760 Speaker 1: Yeah exactly. We talked about BID two in Mexico. 65 00:03:00,919 --> 00:03:03,519 Speaker 4: Yeah, test time according tomorrow, Yeah exactly. Yeah. 66 00:03:03,520 --> 00:03:05,480 Speaker 3: Amy Stillman, we did that interview with her earlier in 67 00:03:05,480 --> 00:03:06,919 Speaker 3: the program. If you missed it. You check it out 68 00:03:06,919 --> 00:03:08,119 Speaker 3: on our podcast feed. 69 00:03:08,000 --> 00:03:12,560 Speaker 4: All right, healthcare companies, healthcare companies healthy, bigmovers of the day. 70 00:03:13,280 --> 00:03:16,919 Speaker 4: UNH dropped almost twenty percent today, Humana down twenty one percent. 71 00:03:17,000 --> 00:03:19,040 Speaker 4: Humana had its worst day since two thousand and nine. 72 00:03:19,480 --> 00:03:21,160 Speaker 4: Don't ask me where I was in two thousand and nine. 73 00:03:21,160 --> 00:03:23,760 Speaker 4: I couldn't tell you. 74 00:03:21,760 --> 00:03:24,640 Speaker 1: You're not going to ask you. 75 00:03:25,840 --> 00:03:29,440 Speaker 4: The US did threaten to hold payments to private health 76 00:03:29,480 --> 00:03:34,359 Speaker 4: insurans flat involved in Medicare, and that really created this 77 00:03:34,480 --> 00:03:38,760 Speaker 4: crater amongst the industry. And also you and h said 78 00:03:38,800 --> 00:03:41,280 Speaker 4: that it would see its first year over year decline 79 00:03:41,320 --> 00:03:44,480 Speaker 4: in revenue in over thirty years. And so there's not 80 00:03:44,560 --> 00:03:47,720 Speaker 4: a lot of bright spots today for health insurers. 81 00:03:48,040 --> 00:03:51,400 Speaker 1: Yeah. And then I had the hospital chain though HCA, 82 00:03:51,760 --> 00:03:52,960 Speaker 1: who actually came out. 83 00:03:52,840 --> 00:03:55,279 Speaker 4: And that was had a strong results today. 84 00:03:55,000 --> 00:03:57,040 Speaker 1: A gainer, right exactly. 85 00:03:57,040 --> 00:04:00,760 Speaker 4: But you also had CBS elevants health downs. Healthcare was 86 00:04:00,760 --> 00:04:02,680 Speaker 4: the worst performing sector in the S and P five 87 00:04:02,760 --> 00:04:03,280 Speaker 4: hundred today. 88 00:04:03,360 --> 00:04:05,800 Speaker 1: And is it Elephants health that reports tomorrow? I think yeah, 89 00:04:05,840 --> 00:04:07,680 Speaker 1: it is so yeah, So we'll keep an eye on 90 00:04:07,720 --> 00:04:12,960 Speaker 1: this space because it certainly was one started late Monday 91 00:04:13,280 --> 00:04:15,600 Speaker 1: and then carried over into the Tuesday trade. All right, 92 00:04:15,680 --> 00:04:19,040 Speaker 1: good stuff on a record, any thoughts, We'll. 93 00:04:18,960 --> 00:04:22,599 Speaker 4: See what happens tomorrow. For rest for the wicked. 94 00:04:22,720 --> 00:04:24,760 Speaker 1: There's a few big, big earnings tomorrow. 95 00:04:24,800 --> 00:04:27,480 Speaker 3: And as to mention the Fed meeting, good stuff, Jordan. 96 00:04:27,560 --> 00:04:28,560 Speaker 3: Thank you. 97 00:04:29,400 --> 00:04:33,400 Speaker 2: The stock Movers report from Bloomberg Radio. 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