Speaker 1: Bloomberg Audio Studios podcasts, radio News.
Speaker 2: The Stock Movers podcast, your roundup of companies making moves
Speaker 2: in the stock market, harnessing the power of Bloomberg Data.
Speaker 1: I'm Carol Master along with Matt Miller. Let's get to
Speaker 1: some of the stocks on the move on this Tuesday
Speaker 1: with us as Bloomberg News process at reporter Deniza Sokova.
Speaker 3: Tesla.
Speaker 1: This is a company we're all talking about a lot today.
Speaker 4: Yeah, and on the topic of strong conviction bait, this
Speaker 4: obviously has been one company that has been moving, has
Speaker 4: a massive momentum on the upside, and today on the downside,
Speaker 4: stock is down six percent today. It's coming off prison.
Speaker 4: Trump flushing out the tea with Musk, and there has
Speaker 4: been a whole exchange on X. They've been talking about
Speaker 4: government subsidies for electric vehicles. Obviously Ewan Musk has been
Speaker 4: very critical of the bill that's moving through Senate currently,
Speaker 4: and that's where their spat initially started about a month ago,
Speaker 4: and we saw this whole even most complex falling at
Speaker 4: the same time. Starting from Tesla, we have obviously Destney
Speaker 4: one hundred, we chess biggest posure to SpaceX it felt
Speaker 4: then and it's down now. We even have dosh coin
Speaker 4: suffering from this, so he is more than just Test,
Speaker 4: so there is a whole complex that is suffering out
Speaker 4: of that. This way is down twenty five percent year
Speaker 4: to eight and obviously this is not about the company's fundamentals,
Speaker 4: but we're seeing a lot of pressure there this way.
Speaker 4: It's set to release its second quarter deliveries this week.
Speaker 4: Evie deliveries are estimated to fall about twenty percent year today,
Speaker 4: ear and ear and test what first quarter deliveries we're
Speaker 4: at almost three years low. We know that Ewan Mousk
Speaker 4: is taking care of European sales now, which is one
Speaker 4: of their weakest markets for ev So we yet to
Speaker 4: see if that will help.
Speaker 3: I mean, does anyone care about their car sales? And
Speaker 3: it's a do you know of any other car maker?
Speaker 3: Or let me rephrase that, if you add up every
Speaker 3: single other car maker in the entire world, yes, their
Speaker 3: market caps combined do not come to you know, two
Speaker 3: thirds fundamental point fundamentals certainly in this in this aspect,
Speaker 3: car sales don't matter all right.
Speaker 1: Roessla of course, ticker ts LA stock is down five
Speaker 1: percent in today's session, but as Denisa mentioned, earlier stock
Speaker 1: is not doing so well this year unless you're a
Speaker 1: bear on it. Let's talk about twenty five percent.
Speaker 3: Sweet Grain is one of my favorite tickers because I'm
Speaker 3: a huge fan of Black Sabbath and Tony Iomi played
Speaker 3: a Gibson SG.
Speaker 4: Okay, so every time I.
Speaker 3: Look at this ticker, I think of La Sabbath. But
Speaker 3: they did so much better than Sweet Grain stock. I
Speaker 3: look at it over five years, it's down forty seven percent.
Speaker 4: Yeah, I'm actually thinking of association and rally. I don't
Speaker 4: know SG. It's always in my head anyway. Sweet Green
Speaker 4: it is now about two percent. It's coming off of
Speaker 4: TD Collin downgrade. It's currently hold. Previously by saying the
Speaker 4: solid Driss chain's key urban food print appears to be
Speaker 4: under extreme pressure. Obviously, this is a brand that appears
Speaker 4: to be Yeah, here's.
Speaker 1: The next team for catching up.
Speaker 4: Well, yeah, it looks like, you know, those three story
Speaker 4: salads are under pressure. Obviously, we've seen so many companies
Speaker 4: saying that more people are eating at home, cooking at home,
Speaker 4: and you can imagine twenty dollars salad is not the
Speaker 4: most popular item with the weakening consumer. Of course, the
Speaker 4: ticker is SG td Con calculates four year or older
Speaker 4: stores are showing same store sales down by double digit percentage.
Speaker 4: Obviously they're growing in suburban markets, but do Con is
Speaker 4: saying that may not be enough. And it's just down
Speaker 4: fifty four percent ear today. So last year it was
Speaker 4: a massive rally. There was a lot of retail excitement there.
Speaker 4: But obviously today things look very different.
Speaker 1: All right, just get about thirty forty seconds. Let's do
Speaker 1: Nike take our NK this stock owned in the other direction.
Speaker 1: It's actually rallying today.
Speaker 4: Yeah, it's up three percent. August Research upgraded it, saying
Speaker 4: that the recovery is underway. We've seen a lot of optimism.
Speaker 4: We obviously had the earnings last week, like sid that
Speaker 4: your long sales decline is starting to ease and forecasted
Speaker 4: is more than expected dropping revenue. That comes after a
Speaker 4: strategic moves from the CEO. We know the push to
Speaker 4: reach more women. We know Nikes going back to Amazon
Speaker 4: has its own store. So there is a lot of
Speaker 4: optimism just in the last few days that have almost
Speaker 4: erased the year today losses. That says the company is still.
Speaker 3: Do you wear? Do you do you have jaggings?
Speaker 2: Do scores.
Speaker 4: It's a great start.
Speaker 3: Yeah, I'm asking because I have a lot of shackets
Speaker 3: in my closet. Apparently snows are they're so hot trends.
Speaker 4: We were talking about that, but I cannot run with them.
Speaker 1: It's just not Comfortabley Jaggings Gene Leggings.
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