1 00:00:02,520 --> 00:00:08,800 Speaker 1: Bloomberg Audio Studios podcasts, radio news, The. 2 00:00:08,880 --> 00:00:13,160 Speaker 2: Stock Movers podcast, your roundup of companies making moves in 3 00:00:13,200 --> 00:00:16,480 Speaker 2: the stock market, harnessing the power of Bloomberg Data. 4 00:00:17,120 --> 00:00:18,320 Speaker 1: Let's take a look at some of the stocks on 5 00:00:18,360 --> 00:00:20,600 Speaker 1: the move today. We're joined now by Bloomberg's Isabelle Lee. 6 00:00:20,680 --> 00:00:22,080 Speaker 2: Isabelle, you're looking at TSMC. 7 00:00:22,560 --> 00:00:25,119 Speaker 1: Yes, we have shares etching slightly lower. That's after the 8 00:00:25,160 --> 00:00:28,639 Speaker 1: company's Arizona subsidiary posted a loss. So the company also 9 00:00:28,640 --> 00:00:33,199 Speaker 1: listed a challenges of ensuring quote expert control compliance by 10 00:00:33,200 --> 00:00:35,640 Speaker 1: its customers. So this comes months after the company's AI 11 00:00:35,760 --> 00:00:38,839 Speaker 1: silicon was found off flow to Huawei by intermediary. So 12 00:00:38,840 --> 00:00:41,800 Speaker 1: again it highlights the US China trade war. But overall, 13 00:00:41,800 --> 00:00:45,120 Speaker 1: we have TSMC keeping a bullish outlook for twenty twenty five, 14 00:00:45,200 --> 00:00:47,199 Speaker 1: so that's interesting. It is interesting also like dot dot 15 00:00:47,200 --> 00:00:50,239 Speaker 1: dot maybe like is there an asterix? 16 00:00:50,280 --> 00:00:52,280 Speaker 2: Like, because who actually can know? Paul, I don't know. 17 00:00:52,320 --> 00:00:54,680 Speaker 3: I mean, I'm not sure whether you mentioned a Capex spinning. 18 00:00:54,720 --> 00:00:57,160 Speaker 3: We'll see where that shakes out this quarter. 19 00:00:57,400 --> 00:01:00,160 Speaker 1: How about Netflix, Netflix, this is a different store. Have 20 00:01:00,200 --> 00:01:03,040 Speaker 1: the stock edging by one point five percent higher? So 21 00:01:03,040 --> 00:01:05,840 Speaker 1: if the streaming giant reporting record profit to start the year. 22 00:01:06,040 --> 00:01:09,200 Speaker 1: This really just allays any concerns of an economic slowdown 23 00:01:09,480 --> 00:01:12,119 Speaker 1: amidst all of this uncertainty that the tireff is bringing. 24 00:01:12,160 --> 00:01:14,560 Speaker 1: We have first quarter earnings rising twenty five percent, so 25 00:01:14,600 --> 00:01:18,039 Speaker 1: that's beating analysts estimates. Sales grew in line with projections, 26 00:01:18,040 --> 00:01:21,000 Speaker 1: so investors have come to see Netflix as this safe bet, 27 00:01:21,040 --> 00:01:24,360 Speaker 1: even as conventional movie and TV businesses really struggle, and 28 00:01:24,440 --> 00:01:27,520 Speaker 1: even amid again this uncertain economic environment. I mean, it 29 00:01:27,560 --> 00:01:30,319 Speaker 1: does have a global audience of seven hundred million people, so. 30 00:01:30,720 --> 00:01:31,200 Speaker 2: Not a lot. 31 00:01:31,800 --> 00:01:34,080 Speaker 1: It's a lot, actually, that was their sarcastic tone. 32 00:01:34,120 --> 00:01:36,440 Speaker 2: But don't see any. 33 00:01:36,360 --> 00:01:39,399 Speaker 1: Impact from the tiff according to them, And remember they 34 00:01:39,440 --> 00:01:41,920 Speaker 1: said that they have this one trillion dollar market capital 35 00:01:42,160 --> 00:01:45,280 Speaker 1: by twenty thirty. I mean, does it feel like Netflix 36 00:01:45,319 --> 00:01:47,120 Speaker 1: is pretty recession proof at that point? Like is it 37 00:01:47,160 --> 00:01:49,200 Speaker 1: discretionary anymore? I don't know. 38 00:01:48,840 --> 00:01:50,600 Speaker 3: I don't think so. I think it's I mean, we 39 00:01:50,840 --> 00:01:52,480 Speaker 3: found out that back you know, over the last fifty 40 00:01:52,520 --> 00:01:55,760 Speaker 3: sixty years, cable paying or cable television was often the 41 00:01:55,760 --> 00:01:58,640 Speaker 3: first bill people paid for their gas and large all 42 00:01:58,680 --> 00:01:59,240 Speaker 3: that kind of stuff. 43 00:01:59,240 --> 00:02:01,720 Speaker 2: Soament also, to be fair, it takes a while for 44 00:02:01,760 --> 00:02:03,920 Speaker 2: them to turn that off, right, Yeah, so maybe that's 45 00:02:03,920 --> 00:02:04,560 Speaker 2: also why too. 46 00:02:04,600 --> 00:02:07,600 Speaker 1: All right, wrapping it up here with micro strategy, it's 47 00:02:07,800 --> 00:02:11,120 Speaker 1: strategy these days, so it's also edging higher. I still 48 00:02:11,120 --> 00:02:14,040 Speaker 1: find it quite hard to remember, but yes, it's just strategy. 49 00:02:14,040 --> 00:02:17,120 Speaker 1: We have CTBC Securities initiating corverage off the firm and 50 00:02:17,160 --> 00:02:19,760 Speaker 1: they rated it a bye. So the price target day 51 00:02:19,760 --> 00:02:21,840 Speaker 1: said is four hundred and twenty dollars dollars, which is 52 00:02:21,960 --> 00:02:24,440 Speaker 1: around a thirty percent increase from the last price. So 53 00:02:24,480 --> 00:02:26,400 Speaker 1: this is a highly controversial stock. I feel like you're 54 00:02:26,440 --> 00:02:28,960 Speaker 1: either bearish or you're uber bullish. The company has been 55 00:02:28,960 --> 00:02:31,600 Speaker 1: hoarding bitcoin since twenty twenty, and again last week they 56 00:02:31,639 --> 00:02:35,000 Speaker 1: bought six thousand bitcoin, raising its total holdings to thirty 57 00:02:35,000 --> 00:02:38,720 Speaker 1: six point four billion, and Michael Saylor really just is 58 00:02:38,760 --> 00:02:40,520 Speaker 1: doubling down on this Bitcoin better. 59 00:02:41,960 --> 00:02:46,120 Speaker 2: The Stock Movers podcast from Bloomberg Radio. Check back with 60 00:02:46,200 --> 00:02:48,919 Speaker 2: us throughout the day for the latest roundup of companies 61 00:02:49,000 --> 00:02:52,040 Speaker 2: making news on Wall Street and for the latest market 62 00:02:52,080 --> 00:02:56,440 Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 63 00:02:56,480 --> 00:02:59,720 Speaker 2: Bloomberg dot com, and on Applecarplay and Android Auto with 64 00:02:59,760 --> 00:03:01,200 Speaker 2: the Bloomberg Business app.