1 00:00:02,520 --> 00:00:07,440 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 00:00:16,680 --> 00:00:18,599 Speaker 1: Let's take a look at some stocks on the move 5 00:00:18,680 --> 00:00:21,720 Speaker 1: this week. I'm Tim Stanveek with Mollie Smith. We're joined 6 00:00:21,720 --> 00:00:26,119 Speaker 1: by Bloomberg News Equities reporter Natalia Honey Javic Natalia, What 7 00:00:26,160 --> 00:00:27,400 Speaker 1: are you watching this afternoon? 8 00:00:28,040 --> 00:00:32,080 Speaker 3: Hi, guys. Let's start with Wind Resorts by ten point 9 00:00:32,200 --> 00:00:36,360 Speaker 3: eight percent. This week. We saw that UBS raised recommendation 10 00:00:36,800 --> 00:00:40,640 Speaker 3: to buy from mutual and cited some growing appreciation from 11 00:00:40,760 --> 00:00:44,879 Speaker 3: its al Mark John project it's in UAE. And on 12 00:00:44,920 --> 00:00:47,680 Speaker 3: top of that, we saw some upside in Macau exposed 13 00:00:47,760 --> 00:00:52,880 Speaker 3: casino stocks. This week. Analysts saw some strong revenue gaming 14 00:00:52,960 --> 00:00:56,240 Speaker 3: revenue data for the Gambling Hub of course and more. 15 00:00:56,320 --> 00:00:59,440 Speaker 3: Morgan Stanley, based on that, also raised recommendation on Wind 16 00:00:59,440 --> 00:01:03,920 Speaker 3: resources overweight from equal weight. It is important because Macau. 17 00:01:03,960 --> 00:01:07,520 Speaker 3: If we look at FA function on Bloomberg terminal, shows 18 00:01:07,520 --> 00:01:11,480 Speaker 3: that Macau operations account for fifty one percent fifty one 19 00:01:11,520 --> 00:01:15,240 Speaker 3: twenty six percent of revenue in twenty twenty four, versus 20 00:01:15,280 --> 00:01:19,480 Speaker 3: Las Vegas, which accounts for twenty six percent, so analysts 21 00:01:19,600 --> 00:01:21,760 Speaker 3: really see some upside momentum. 22 00:01:22,400 --> 00:01:25,120 Speaker 1: That's win Resorts, taker WY and M. 23 00:01:25,480 --> 00:01:26,199 Speaker 2: Now moving on. 24 00:01:26,160 --> 00:01:28,839 Speaker 3: To one that's not doing so hot today, eBay, which 25 00:01:28,880 --> 00:01:31,720 Speaker 3: is conveniently ticker eb A Y And it's HOWI you 26 00:01:31,800 --> 00:01:33,640 Speaker 3: tell us what was going on there? Down day for 27 00:01:33,680 --> 00:01:36,959 Speaker 3: that stock, down day, and down week. The stock finished 28 00:01:37,000 --> 00:01:41,119 Speaker 3: the week down eight point seven percent today. Of course, 29 00:01:41,160 --> 00:01:44,920 Speaker 3: we know that the so called Deminimus exemption has ended, 30 00:01:45,360 --> 00:01:48,120 Speaker 3: and it means that now all packages that are coming 31 00:01:48,160 --> 00:01:51,000 Speaker 3: to the US will be a subject to standard tariffs 32 00:01:51,040 --> 00:01:54,240 Speaker 3: and fees. And also we know that it created a 33 00:01:54,280 --> 00:01:56,960 Speaker 3: lot of uncertainty, not just for Ebeba, but for other 34 00:01:57,080 --> 00:02:01,200 Speaker 3: stocks like Etsy. So early this month also Bloomberg reported 35 00:02:01,240 --> 00:02:05,320 Speaker 3: that more than a dozen of national postal agencies have 36 00:02:05,560 --> 00:02:09,440 Speaker 3: stopped taking US bound packages for delivery. Of course, they 37 00:02:09,520 --> 00:02:12,399 Speaker 3: cited uncertainty, and we will see how this plays out. 38 00:02:12,639 --> 00:02:15,519 Speaker 3: And of course Congressional Budget Office in twenty twenty four 39 00:02:15,840 --> 00:02:19,720 Speaker 3: estimated that they ending this the Minimus exemption just for 40 00:02:19,800 --> 00:02:23,600 Speaker 3: goods from China would result in about twenty three point 41 00:02:23,960 --> 00:02:27,680 Speaker 3: five billion dollars in customs revenue over a decade. 42 00:02:28,000 --> 00:02:30,920 Speaker 1: Yeah, we've been watching this closely because in some cases 43 00:02:30,960 --> 00:02:32,520 Speaker 1: it's one of the most red stories on the Bloomberg 44 00:02:32,600 --> 00:02:35,400 Speaker 1: terminal showed us this week. Consumers can get that little 45 00:02:35,480 --> 00:02:39,440 Speaker 1: surprise that they owe the Customs and Border Protection Agency 46 00:02:39,520 --> 00:02:43,200 Speaker 1: some money as a result of buying something that came 47 00:02:43,200 --> 00:02:45,639 Speaker 1: from outside of the US. So I know everybody's still 48 00:02:45,639 --> 00:02:48,320 Speaker 1: trying to work out the effects of that. Speaking of tariffs, 49 00:02:48,320 --> 00:02:50,639 Speaker 1: Williams Sonoma, what's going on right? 50 00:02:50,639 --> 00:02:54,840 Speaker 3: So Williams Sonoma, the ticker is WSM. The stock is 51 00:02:54,880 --> 00:02:58,760 Speaker 3: done by seven point five percent this week. Of course, 52 00:02:58,840 --> 00:03:03,680 Speaker 3: we saw that some furnishing retailer stocks were under pressure 53 00:03:03,880 --> 00:03:09,200 Speaker 3: after this tariff costs announced by the White House. And 54 00:03:09,680 --> 00:03:13,320 Speaker 3: we see that some companies, specifically Williams Sanama said that 55 00:03:13,480 --> 00:03:17,720 Speaker 3: expect outlook to be pressured by incremental tariff costs and 56 00:03:18,120 --> 00:03:22,280 Speaker 3: it will overshadow its full year revenue of forecast. However, 57 00:03:22,840 --> 00:03:27,400 Speaker 3: some analysts, including Bloomberg Intelligence, say that inventory is still 58 00:03:27,440 --> 00:03:30,160 Speaker 3: in place for the physical second half of this year 59 00:03:30,280 --> 00:03:33,400 Speaker 3: and that would allow at least Williams Sanova to kind 60 00:03:33,440 --> 00:03:36,720 Speaker 3: of shift this sourcing and so it has some you 61 00:03:36,760 --> 00:03:40,680 Speaker 3: know time maybe to adjust apply chains later this year 62 00:03:40,720 --> 00:03:43,760 Speaker 3: and in twenty twenty six, they say the Williams Sonova 63 00:03:43,840 --> 00:03:44,600 Speaker 3: is slightly. 64 00:03:44,440 --> 00:03:47,240 Speaker 1: Give us something on n video for the week that was, of. 65 00:03:47,160 --> 00:03:50,200 Speaker 3: Course, the stock is down by two percent this week. 66 00:03:50,200 --> 00:03:52,480 Speaker 3: It was a big story, of course in video recorded 67 00:03:52,520 --> 00:03:56,640 Speaker 3: earnings and they were disappointing for some analysts. However, other 68 00:03:56,680 --> 00:03:59,960 Speaker 3: people are saying on the street that all without chant 69 00:04:00,040 --> 00:04:02,680 Speaker 3: I know they see upside to data center sales. So 70 00:04:03,040 --> 00:04:05,480 Speaker 3: we'll see how this play plays out during the next 71 00:04:05,520 --> 00:04:06,200 Speaker 3: earning season. 72 00:04:06,240 --> 00:04:11,920 Speaker 2: Foreign video the Stock Movers report from Bloomberg Radio. Check 73 00:04:12,000 --> 00:04:14,320 Speaker 2: back with us throughout the day for the latest roundup 74 00:04:14,360 --> 00:04:17,280 Speaker 2: of companies making news on Wall Street and for the 75 00:04:17,360 --> 00:04:21,800 Speaker 2: latest market moving headlines. Listen to Bloomberg Radio Live, catch 76 00:04:21,880 --> 00:04:25,360 Speaker 2: us on YouTube, Bloomberg dot com, and on Applecarplay and 77 00:04:25,360 --> 00:04:27,760 Speaker 2: Android Auto with the Bloomberg Business app.