1 00:00:02,520 --> 00:00:07,360 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 00:00:16,800 --> 00:00:18,560 Speaker 2: It's going to check on some stocks on the move 5 00:00:18,640 --> 00:00:22,000 Speaker 2: this morning. We're joined now by Bloomberg's isabel lei a 6 00:00:22,040 --> 00:00:24,400 Speaker 2: Cross as reporter. Isabelle, what do you have your eyes on? 7 00:00:24,760 --> 00:00:26,720 Speaker 1: I'm going to give you an ETF for the first 8 00:00:26,720 --> 00:00:29,400 Speaker 1: one GDS. It's down by a nearly three percent. I 9 00:00:29,480 --> 00:00:33,240 Speaker 1: chose this because it's an ETF twenty seven billion dollars 10 00:00:33,320 --> 00:00:36,360 Speaker 1: and it basically tracks gold miners, and you see shares 11 00:00:36,360 --> 00:00:39,200 Speaker 1: across the board for that lower and miners and resource 12 00:00:39,240 --> 00:00:42,919 Speaker 1: investors are already probing Venezuela's rich minerals and it's really 13 00:00:42,920 --> 00:00:45,880 Speaker 1: a dramatic shift for the company over the past weekend. 14 00:00:45,960 --> 00:00:48,199 Speaker 1: I feel like I couldn't get enough of the headlines 15 00:00:48,200 --> 00:00:50,400 Speaker 1: every time my readers an update, and every time there's 16 00:00:50,400 --> 00:00:53,360 Speaker 1: something new. So Venezuela sits atop some of the largest 17 00:00:53,360 --> 00:00:56,080 Speaker 1: gold deposits in the Western hemisphere, so I didn't know that, 18 00:00:56,320 --> 00:00:59,240 Speaker 1: and Maduro the administration has struggled to develop them, and 19 00:00:59,280 --> 00:01:02,000 Speaker 1: most of the countries operating mines are dominated by cartels 20 00:01:02,000 --> 00:01:04,720 Speaker 1: and Chinese firms. So now they're edging lower because probably 21 00:01:04,720 --> 00:01:07,759 Speaker 1: of uncertainty, like what's going to happen to them? Who 22 00:01:07,760 --> 00:01:10,280 Speaker 1: knows what the White House will say? For now they 23 00:01:10,319 --> 00:01:11,440 Speaker 1: are in the red. 24 00:01:12,760 --> 00:01:15,360 Speaker 2: That's such a rip, though, the gold, the silver church 25 00:01:15,880 --> 00:01:16,360 Speaker 2: best years. 26 00:01:17,400 --> 00:01:19,520 Speaker 1: Someone beside me said it's the best year since my 27 00:01:19,560 --> 00:01:22,920 Speaker 1: grandma was born. That's really true. That's good. 28 00:01:23,040 --> 00:01:25,640 Speaker 2: All right, what else you got? We got First Solar. 29 00:01:25,880 --> 00:01:28,520 Speaker 1: First Solar. This is down big time, down by nearly 30 00:01:28,560 --> 00:01:31,480 Speaker 1: ten percent, and that's after Jeffries cut the recommendation to 31 00:01:31,560 --> 00:01:34,880 Speaker 1: hold from buy, and again it's over tiiffs and valuation. 32 00:01:35,000 --> 00:01:37,399 Speaker 1: They lowered the price target to two hundred and sixty 33 00:01:37,400 --> 00:01:40,320 Speaker 1: from two hundred sixty nine. The analyst there is cautious 34 00:01:40,319 --> 00:01:42,640 Speaker 1: over the twenty twenty six outlook, and he sees that 35 00:01:43,080 --> 00:01:46,000 Speaker 1: First Solar may have limited booking visibility and lower than 36 00:01:46,040 --> 00:01:51,160 Speaker 1: expected tailwinds, and looking ahead they see limited incremental policy support. 37 00:01:51,240 --> 00:01:54,720 Speaker 1: So that's down by ten percent, the lowest since October. Yeah, 38 00:01:54,720 --> 00:01:56,880 Speaker 1: there's a lot of headwinds there for a company like 39 00:01:56,880 --> 00:01:59,520 Speaker 1: First Solar. All right, let's talk about Mobile Ie Mobile 40 00:01:59,520 --> 00:02:03,200 Speaker 1: Eye ticker NBLY. It's the only one in the green 41 00:02:03,320 --> 00:02:06,400 Speaker 1: up by almost one percent. So they're acquiring an Israeli 42 00:02:06,440 --> 00:02:09,359 Speaker 1: startup called Menti Robotics and an all cash and stock 43 00:02:09,400 --> 00:02:12,160 Speaker 1: deal valued at around nine hundred million dollars. So the 44 00:02:12,200 --> 00:02:14,840 Speaker 1: self driving car system company is aiming to expand the 45 00:02:14,960 --> 00:02:18,200 Speaker 1: robotics capabilities. I feel like almost everything now is either 46 00:02:18,320 --> 00:02:21,359 Speaker 1: robotics or self driving. So they're going to pay six 47 00:02:21,480 --> 00:02:24,120 Speaker 1: hundred twelve million in cash and as many as twenty 48 00:02:24,160 --> 00:02:27,640 Speaker 1: six million Class A shares. With the deal, they joined 49 00:02:27,680 --> 00:02:30,120 Speaker 1: leading car makers in the US and China, so again 50 00:02:30,160 --> 00:02:32,760 Speaker 1: we're going to have competition in this space. And they're 51 00:02:32,800 --> 00:02:37,120 Speaker 1: also investing in a humanoid robot. So have you seen 52 00:02:37,120 --> 00:02:40,400 Speaker 1: the Tesla robot walking around? I've seen one in real life? 53 00:02:40,480 --> 00:02:41,960 Speaker 2: Yep. Have you seen one real life? 54 00:02:42,040 --> 00:02:45,160 Speaker 1: Yes, in a barren conference because they're a big test investor. 55 00:02:45,360 --> 00:02:47,480 Speaker 1: It was cool, but I didn't feel like it could 56 00:02:47,520 --> 00:02:50,760 Speaker 1: take my job just yet. What was it doing? Just 57 00:02:50,919 --> 00:02:55,399 Speaker 1: basic walking like what you would imagine a robot to do. Yes, yes, 58 00:02:55,520 --> 00:02:58,280 Speaker 1: the remarkt dag. It wasn't speaking at least I didn't 59 00:02:58,320 --> 00:02:59,880 Speaker 1: hear it speak. So we're safe for now. 60 00:03:01,280 --> 00:03:05,520 Speaker 2: The Stockmover's report from Bloomberg Radio. 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