WEBVTT - Weekly Roundup: Nvidia Whipsaws, Alphabet Gains, Ross Stores Climbs

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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>I'm Carol Masser along with Tim Stenovek, and let's get

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<v Speaker 3>a look at some of the biggest movers for the

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<v Speaker 3>week overall.

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<v Speaker 1>You want to start with decliners, Yeah, I want to

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<v Speaker 1>start with decliners. I want to start with Nvidio. The

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<v Speaker 1>big one shares finished the week down by six percent. Today.

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<v Speaker 1>That post earnings rally faded after those bubble fears returned

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<v Speaker 1>at climb more than five percent. That was on Thursday,

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<v Speaker 1>following a stronger than expected revenue forecast. But then we

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<v Speaker 1>saw some of the air taken out of that, finishing

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<v Speaker 1>lower on the day. That day, it was a vollable

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<v Speaker 1>day two. On Friday, Carol, after the Trump team floated

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<v Speaker 1>the idea of selling in Vidia H two hundred chips

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<v Speaker 1>to China. This Bloomberg exclusive from the Bloomberg News team,

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<v Speaker 1>including Jenny Leonard and Mackenzie Hawkins. No final decision has

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<v Speaker 1>been made. It's entirely possible that this idea remains an

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<v Speaker 1>internal debate and never results in actual license approvals which

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<v Speaker 1>are required under export controls.

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<v Speaker 3>All right, I'm going to do one of the big

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<v Speaker 3>gainers for the week overall, and that is Alphabet. It

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<v Speaker 3>was up about eight percent this week shares rallying. There's

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<v Speaker 3>always a lot when it comes to any of these

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<v Speaker 3>big tech companies, but we did see shares pop after

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<v Speaker 3>glowing reviews. Excuse me for its newly released Gemini Artificial

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<v Speaker 3>Intelligence model. That model met with reviews glowing reviews about

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<v Speaker 3>its capabilities, in contrast to open ais Chat GPT five model,

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<v Speaker 3>which was kind of met with some mixed reactions. The

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<v Speaker 3>stocks rally got to say a banner year for Alphabet

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<v Speaker 3>with its fifty eight percent jump in twenty twenty five,

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<v Speaker 3>making it the best performing member of the Mag seven cohorts.

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<v Speaker 3>So remember when earnings reported and we watch those MAGS

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<v Speaker 3>seven companies when it comes to the AI spend, Alphabet

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<v Speaker 3>actually did well after its results and that wasn't the

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<v Speaker 3>case for all of the hyperscalers and the Big seven

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<v Speaker 3>very quickly.

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<v Speaker 1>One more decliner on the week, micro Strategy or formally

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<v Speaker 1>known as micro Strategy. The company now called Strategy levered

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<v Speaker 1>Bitcoin play down fourteen point six percent so far this week.

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<v Speaker 1>Bigcoin on track for its worst monthly performance since a

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<v Speaker 1>string of corporate collapses rock the wideocrypture sector. That was

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<v Speaker 1>back in twenty twenty two. And there was a note

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<v Speaker 1>this week Carol from JPMorgan Chase that warn't strategy could

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<v Speaker 1>lose its place in the likes of MSCI USA and

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<v Speaker 1>NASDAQ one hundred and that could lead to about two

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<v Speaker 1>point eight billion dollars in outflows if it's removed from

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<v Speaker 1>those equity indices.

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<v Speaker 3>And that, of course is MSTR the ticker for strategy

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<v Speaker 3>for Nvidia, of course NVDA. I mentioned alphabet ticker Googl.

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<v Speaker 3>And then one more kind of a little bit low tech,

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<v Speaker 3>sorry Ross Stores, but your ticker ROST. This went up

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<v Speaker 3>about eight and a half percent this week. Reportedly Thursday,

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<v Speaker 3>the discount retailer raising its EPs forecast for the full

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<v Speaker 3>year and also kind of I think talking about maybe

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<v Speaker 3>even the holidays looking pretty good. So definitely an outperformer

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<v Speaker 3>this week.

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<v Speaker 2>The Stockmover's 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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